News
Important Only
BUZZ-PREVIEW: Bank of America gains ahead of fourth-quarter earnings
** Shares of Bank of America BAC.N, the second-biggest U.S. lender, rise 3.1% to $47.19, a day ahead of earnings, as upbeat results from peers boost confidence throughout the banking industry** BAC is set to report fourth-quarter earnings before markets open on Thursday ** U.S. lender is expe...Reuters
Wed, Jan 15
BUZZ-Chefs' Warehouse up after Jefferies raises PT on demand opportunity
** Chefs' Warehouse's CHEF.O shares up ~3% at $53.14 in midday trading** Brokerage Jefferies raises PT on stock to $60 from $58, rating unchanged at "buy"** Says co is an interesting and overlooked consumer growth opportunity in the food away from home segment and has a good exposure to higher-incom...Reuters
Wed, Jan 15
Carry trade could ease pressures on Mexican peso under Trump
By Noe Torres MEXICO CITY, Jan 15 (Reuters) - Despite the uncertain future the Mexican peso faces as U.S. President-elect Donald Trump returns to office, analysts believe the country's strong interest rate differential with others like the U.S. makes the currency an attractive investment.Not too ...Reuters
Wed, Jan 15
UPDATE 1-British stocks rally as cooling inflation lifts sentiment
Rate-sensitive homebuilders, real estate lead gainsCurrys jumps after upbeat annual profit outlookFTSE 100 up 1.2%, FTSE 250 adds 2.9% Updates with market closing priceBy Shashwat Chauhan Jan 15 (Reuters) - British stock markets rallied on Wednesday, with midcaps notching their best day in a mont...Reuters
Wed, Jan 15
US STOCKS-Wall St surges after inflation data, strong bank earnings
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.US consumer prices rise slightly above expectations in DecJPMorgan, Wells Fargo, Goldman Sachs post higher Q4 profitsIsrael, Hamas reach peace deal to end Gaza war, official saysFed's beige boo...Reuters
Wed, Jan 15
BUZZ-PREVIEW: Morgan Stanley climbs as Wall Street awaits promising results
** Shares of Morgan Stanley MS.N rise 4.1% a day ahead of earnings, as upbeat results from peers lift optimism across investment banks** Bank expected to post Q4 profit of $1.69/shr, according to estimates compiled by LSEG, versus 85 cents/shr a year earlier** Analysts forecast growth in Morgan Stan...Reuters
Wed, Jan 15
UPDATE 6-Wells Fargo raises interest income forecast as strong dealmaking drives profit beat
Investment banking fees up 59% in fourth quarterBank expects interest income to increase in 2025Shares up 6% in mid-day trading Adds details from conference call, CEO comments in paragraph 3, updates sharesBy Arasu Kannagi Basil, Nivedita Balu and Nupur Anand Jan 15 (Reuters) - Wells Fargo's WFC....Reuters
Wed, Jan 15
Why XRP Is Skyrocketing Today
XRP (CRYPTO: XRP) is posting big gains in Wednesday's trading. The cryptocurrency was up 12.6% over the previous 24 hours of trading as of 11:30 a.m. ET. Meanwhile, Bitcoin was up 3%, and Ethereum was up 4.4%.XRP is surging today due to the arrival of a key deadline in a legal case brought by the Se...The Motley Fool
Wed, Jan 15
BUZZ-Brokerages expect Netflix to climb ad-tier ladder on live events, partnerships
** Shares of streaming platform Netflix NFLX.O rise 2% to $843.54** Three brokerages say they expect NFLX to grow its ad-supported tier in the coming years with the help of live events and partnerships ** Analysts at Wedbush see the ad tier becoming the primary revenue growth driver by 2026** "We ex...Reuters
Wed, Jan 15
Wells Fargo, Goldman Sachs, and Citigroup Are All Soaring. Here's Why.
The stock market was having a strong day on Wednesday, with the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) higher by 1.6% and 1.9% as of 10 a.m. ET. But the big bank stocks are leading the way, with several major U.S. financial institutions spiking higher. In fact, Wells Far...The Motley Fool
Wed, Jan 15
LIVE MARKETS-After CPI, are stocks a buy?
Main U.S. indexes advance; Nasdaq out front, up ~1.8%Comm Svcs leads S&P sector gainers; Staples weakest groupEuro STOXX 600 index up ~1.4%Dollar ~flat; gold edges up; crude up ~2%; bitcoin up >2.5%U.S. 10-Year Treasury yield slides to ~4.67%Welcome to the home for real-time coverage of markets brou...Reuters
Wed, Jan 15
Why SoundHound AI Stock Is Skyrocketing Today
SoundHound AI (NASDAQ: SOUN) stock is surging higher in Wednesday's trading. The company's share price was up 11% as of 11 a.m. ET and had been up as much as 14.9% earlier in the daily session. Meanwhile, the S&P 500 index was up 1.6% and the Nasdaq Composite index was up 2.1%.SoundHound AI is seein...The Motley Fool
Wed, Jan 15
Sirius XM Stock Is Beaten Down Now, But It Could 10X
Sirius XM Holdings (NASDAQ: SIRI) is one of the cheapest stocks out there, but there's an obvious joke behind the notion that the satellite radio provider can appreciate tenfold from here. Sirius XM executed a 1-for-10 reverse split four months ago. If it wants to 10x, can't it just declare another ...The Motley Fool
Wed, Jan 15
Why Kinder Morgan Stock Surged 55% in 2024
2024 was a tremendous year for Kinder Morgan (NYSE: KMI), with shares of the pipeline giant rebounding dramatically, gaining 55.3% in the year, according to data provided by S&P Global Market Intelligence. With those handsome gains, Kinder Morgan stock handily beat the S&P 500 (SNPINDEX: ^GSPC), whi...The Motley Fool
Wed, Jan 15
UPDATE 7-Goldman Sachs profit hits over 3-year high as investment banking, trading fuel bumper quarter
Goldman Sachs' profit more than doubled in Q4 2024Investment-banking fees rose 24%, driven by debt underwritingGoldman shares surged 48.4% in 2024, leading major US banksAdds CEO's comments in paragraph 5-6, Apple card plans in paragraph 20-21By Saeed Azhar, Manya Saini and Noor Zainab Hussain NE...Reuters
Wed, Jan 15
Why Rigetti Computing, IonQ, D-Wave Quantum, and Quantum Computing Stocks All Exploded Higher on Wednesday
What goes up must come down. But what goes down can shoot right back up again -- especially when it receives a big boost from Microsoft (NASDAQ: MSFT).This is what's happening on Wednesday, as quantum computing investors cheer some kind words from Microsoft's strategic missions and technologies chie...The Motley Fool
Wed, Jan 15
BUZZ-BNY gains after Q4 profit beat
** Shares of BNY BK.N rise 6.3% to $80.77; stock among the top performers in the S&P 500 index .SPX** BNY beats profit estimates for fourth quarter on higher investment services fees** Total fee revenue rises 9% to $3.51 billion in the reported quarter from a year earlier** On an adjusted basis, BK ...Reuters
Wed, Jan 15
LIVE MARKETS-BofA raises Treasury yields forecast, still sees 10-year under 5%
Main U.S. indexes surge; Nasdaq out front, up ~2%Comm Svcs leads S&P sector gainers; Healthcare weakest groupEuro STOXX 600 index up ~1.5%Dollar ~flat; gold edges up; crude, bitcoin both up >2.5%U.S. 10-Year Treasury yield slides to ~4.67%Welcome to the home for real-time coverage of markets brought...Reuters
Wed, Jan 15
BUZZ-Canada's The Metals Company jumps after Alliance Global starts coverage with 'buy' rating
** Shares of Canada's The Metals Company TMC.O rise 23% to $1.29 ** Brokerage Alliance Global Partners starts coverage on TMC with a "buy" rating and PT of $3.75** PT represents a 257.14% upside to the stock's last close** Brokerage says it believes TMC has "first-mover advantage in the nodule colle...Reuters
Wed, Jan 15
Upstart, Robinhood, and Opendoor Are All Spiking on Wednesday -- Here's Why They Could Go Even Higher
The stock market was having a generally strong day on Wednesday, with the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) up by 1.7% and 2.3%, respectively, as of 10:30 a.m. ET. However, several financial technology, or fintech, stocks were spiking much higher.Lending technology ...The Motley Fool
Wed, Jan 15
CANADA STOCKS-TSX rises as U.S. inflation data lifts hope for more Fed rate cuts
Updates with market opening pricesBy Ragini Mathur Jan 15 (Reuters) - Canada's main stock index rose on Wednesday as investors welcomed a U.S. inflation print that lifted hopes for more rate cuts this year by the Federal Reserve.The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up ...Reuters
Wed, Jan 15
GLOBAL MARKETS-Stocks surge on US inflation reading, upbeat fourth quarter earnings
US stocks rise after core inflation up less than forecastU.S. Treasury yields fall with dollarOil and gold rally Updates prices to late morningBy Sinéad Carew and Amanda Cooper NEW YORK/LONDON, Jan 15 (Reuters) - A global equities gauge rallied on Wednesday while the dollar fell with Treasury yie...Reuters
Wed, Jan 15
Why Home Depot Stock Was Moving Higher Today
Shares of Home Depot (NYSE: HD) were moving higher today after the core Consumer Price Index (CPI) was lower than expected for December.The news lifted stocks broadly, as falling inflation is good for the economy on a number of fronts, and Home Depot could also be a significant beneficiary.Start You...The Motley Fool
Wed, Jan 15
BUZZ-Emeren rises after sale of solar project portfolio to Trina Solar
** Shares of U.S.-based solar firm Emeren Group SOL.N rise 8.9% to $2.07** Company announces the sale of a 65 megawatt-peak (MWp) solar project portfolio to a unit of Trina Solar 688599.SS ** Portfolio includes three projects: one in western Germany, the second - an agrivoltaics (Agri-PV) project - ...Reuters
Wed, Jan 15
LIVE MARKETS-Price points: CPI, mortgages and Empire State
Main U.S. indexes surge; Nasdaq out front, rallies >2%Most S&P 500 sectors green; Communications services leadsEuro STOXX 600 index up >1%Dollar down; gold edges up; crude jumps ~2%; bitcoin surges >2.5%U.S. 10-Year Treasury yield slides to ~4.66%Welcome to the home for real-time coverage of markets...Reuters
Wed, Jan 15