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BUZZ-Eli Lilly falls after weak Q4 sales forecast for weight-loss drug
Updates** Shares of drugmaker Eli Lilly LLY.N fall ~6% to $749.95; their lowest since November 2024** Eli Lilly expects $1.9 bln in Q4 sales for the weight-loss drug Zepbound, compared with estimates of $2.08 bln, according to data compiled by LSEG** Company sees Q4 sales of $3.5 bln for diabetes dr...
Reuters
19 hours ago
CANADA STOCKS-TSX rises as bond selloff eases, mining shares advance
Updates with market opening pricesBy Ragini Mathur Jan 14 (Reuters) - Canada's main stock index rose on Tuesday, supported by gains in mining shares, with investors assessing U.S. producer price data to gauge the Federal Reserve's interest rate path this year.The Toronto Stock Exchange's S&P/TSX ...
Reuters
19 hours ago
BUZZ-Monarch Casino & Resort rises after brokerage upgrades to 'buy', boosts PT
** Shares of Monarch Casino & Resort MCRI.O up 4% at $82.05** Truist Securities raises rating on the stock to "buy" from "hold", increases PT to $100 from $82** Brokerage expects co to benefit from completed renovations in Reno, Nevada and a strong balance sheet that positions it well for potential...
Reuters
19 hours ago
Cotton prices fall on technical resistance, lower oil
Jan 14 (Reuters) - ICE cotton futures fell on Tuesday due to a technical correction, while downbeat sentiment in oil and grains market also seeped into the natural fiber.* Cotton contracts for March CTc1 fell 0.11 cent, or 0.16%, at 67.53 cents per lb at 10:47 a.m. ET (1547 GMT).* "So we've had a li...
Reuters
19 hours ago
Why SoundHound AI Stock Is Jumping Today
SoundHound AI (NASDAQ: SOUN) stock is seeing strong gains in Tuesday's trading. The conversational artificial intelligence (AI) company's share price was up 2.2% as of 10:30 a.m. ET, amid a gain of 0.2% for the S&P 500 (SNPINDEX: ^GSPC) and a gain of 0.3% for the Nasdaq Composite (NASDAQINDEX: ^IXIC...
The Motley Fool
19 hours ago
UPDATE 1-Davos to welcome Trump virtually as world leaders await new US president's policies
Trump to join Davos meeting digitally, organisers say60 heads of state and government due to attend WEF meetingUkraine's Zelenskiy to make address, take questions -WEFMiddle East tensions, climate crisis also on the agendaAdds details, quotes and background in paragraphs 10-13, 14-16By Marwa RashadL...
Reuters
19 hours ago
Pearson and Microsoft Announce Multi-Year Partnership to Transform the Future of Learning and Work with AI
Both companies are committing to transforming and scaling AI skilling and learning for learners, workers, and employers Pearson to further benefit from Microsoft Azure Cloud capabilities and AI tools, including rolling out Microsoft 365 Copilot across its workforce Microsoft to further benefit ...
PR Newswire
19 hours ago
LIVE MARKETS-Two-fer Tuesday: Inflation cools, small business sentiment jumps
Main U.S. indexes modestly green; Dow out frontIndustrials lead S&P sector gainers; Healthcare weakest groupEuro STOXX 600 index ~unchangedDollar ~flat; gold up; bitcoin rallies >2%; crude off ~1%U.S. 10-Year Treasury yield edges down to ~4.80%Welcome to the home for real-time coverage of markets br...
Reuters
19 hours ago
Why Plug Power Stock Popped 10% Tuesday Morning
Plug Power (NASDAQ: PLUG) stock rocketed more than 10% in early trading Tuesday, hitting $3 per share before giving back most of its gains and retreating to a single-digit gain. As of 10:20 a.m. ET, Plug stock is still up, but only by 2%.So why did Plug Power go up in the first place, and why did it...
The Motley Fool
19 hours ago
BUZZ-Illumina rises after preliminary Q4 revenue exceeds estimates
** Shares of medical equipment maker Illumina ILMN.O rise 1.8% to $146.9 ** Illumina reports preliminary Q4 revenue of around $1.1 bln, above analysts' estimates of $1.07 bln, according to data compiled by LSEG** Company expects Q4 non-GAAP diluted EPS in the range of $0.91 to $0.93, vs estimates of...
Reuters
19 hours ago
BUZZ-U.S. STOCKS ON THE MOVE-Teladoc Health, Mustang Bio, Instacart
Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes rose on Tuesday, as investors took comfort from a softer-than-expected producer inflation report and weighed w...
Reuters
19 hours ago
EMERGING MARKETS-Latam FX, stocks edge higher as yields retreat
Mexico president might avoid Trump tariffs MSCI EM stocks index set for best day since October MSCI Latam FX up 0.8%, stocks gain 0.9%By Purvi Agarwal Jan 14 (Reuters) - MSCI's indexes tracking Latin American currencies and stocks were higher on Tuesday, as U.S. Treasury yields retreated and the ...
Reuters
19 hours ago
BUZZ-CBRE rises after deal to acquire remaining stake in Industrious
** Shares of real estate services firm CBRE Group CBRE.N rise 1.4% to $125.31** Co says it will acquire the 60% stake it does not already own in Industrious National Management Company for $400 mln** Co says it will also create a new business segment called Building Operations & Experience** Industr...
Reuters
19 hours ago
BUZZ-Pot stocks fall as DEA judge cancels hearing on marijuana rescheduling
** Shares of cannabis firms fall as U.S. Drug Enforcement Administration (DEA) judge on Monday cancelled marijuana rescheduling hearings** Tilray Brands TLRY.O falls 1.5% and Cresco Labs CL.CD down 3.8%** Toronto-listed shares of Canopy Growth WEED.TO down 2%, Trulieve Cannabis TRUL.CD falls 2.7% an...
Reuters
19 hours ago
US STOCKS-Wall St rises after softer-than-expected producer price data
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.US producer prices rise moderately in DecemberApplied Digital jumps after report of Macquarie's investmentEli Lilly falls after weak sales forecast for weight-loss drugIndexes up: Dow 0.31%, S&...
Reuters
20 hours ago
1 Under-the-Radar Artificial Intelligence (AI) Stock That Cathie Wood Keeps Buying Hand Over Fist
Cathie Wood is the CEO and chief investment officer of Ark Invest. Over the last several years, she has earned a reputation for making overly bullish calls on companies that may typically lack the full attention of the rest of Wall Street.Another aspect of Wood's investment prowess that is quite unc...
The Motley Fool
20 hours ago
BUZZ-Signet Jewelers plunges after Q4 forecast cuts
Updates** Shares of Signet Jewelers SIG.N down as much as 20.2% at $59.10 - lowest since June 2023** If losses hold, stock set for worst day since March 2020** Co cuts Q4 sales and operating income forecasts owing to tepid holiday demand as well as higher promotions hitting margins** Expects quarter...
Reuters
20 hours ago
LIVE MARKETS-US indexes creep higher in cautious trade
Main U.S. indexes modestly green; Nasdaq out front, up ~0.4%Cons Disc leads S&P sector gainers; Healthcare weakest groupEuro STOXX 600 index up ~0.1%Dollar ~flat; gold edges up; bitcoin rallies >2%; crude off >1%U.S. 10-Year Treasury yield edges down to ~4.79%Welcome to the home for real-time covera...
Reuters
20 hours ago
BUZZ-ModivCare falls as Barrington slashes PT
** Shares of healthcare service provider ModivCare MODV.O fall 5.3% to $6.30** Barrington slashes PT on MODV to $10 from $25; maintains "outperform" rating ** New PT represents a 50.4% upside to the stock's last close** Brokerage says MODV withdrew its FY/24 and FY/25 guidance due to "slower-than-ex...
Reuters
20 hours ago
1 Fantastic Growth Stock Down 41% You Can Buy Now in January (2025)
Adobe's (NASDAQ: ADBE) business is under pressure from alternative offerings but remains resilient among the competition.Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free »*Stock prices used were the afternoon prices of Jan. 10, 2025. The video...
The Motley Fool
20 hours ago
Is Dutch Bros Stock Going to $62? 1 Wall Street Analyst Thinks So.
Dutch Bros (NYSE: BROS) stock could deliver a bracing, caffeinated kick to your portfolio. That's the opinion of one analyst following the company who recently raised his price target on its shares. That lift was substantial, too.Buy this growing java slinger, says analystFor those who might be unfa...
The Motley Fool
20 hours ago
REFILE-GLOBAL MARKETS-US and European stocks rise as bond sell-off abates, focus on inflation
Adds bullet pointsS&P rises 0.38% while Europe's STOXX climbs 0.3%U.S. bond yields ease slightly after recent surgeInflation data on Weds key for Fed outlookBy Harry Robertson LONDON, Jan 14 (Reuters) - U.S. and European stocks ticked higher on Tuesday as a sell-off in bonds moderated, although i...
Reuters
20 hours ago
BUZZ-Instacart rises after BTIG upgrade, Mizuho initiation
** Shares of grocery delivery firm Instacart CART.O, formally known as Maplebear, up as much as 5.2% at a nearly two-month high of $46.82 in early trade** BTIG upgrades stock to "buy" from "neutral" and initiates a PT of $58, cites data that points to strong order growth helping Q4 and 2025, and a "...
Reuters
20 hours ago
Eli Lilly issues 2025 revenue forecast ahead of market estimates
Investing.com -- Eli Lilly and Company (NYSE:LLY) has projected its full-year global revenue for 2024 to reach around $45 billion, marking a 32% increase from the prior year.The company also provided
Investing.com
20 hours ago
BUZZ-Eli Lilly falls after weak Q4 sales forecast for weight-loss drug
** Drugmaker Eli Lilly's shares LLY.N fall 3.5% to $769** Eli Lilly expects $1.9 billion in Q4 sales for weight-loss drug Zepbound, compared with estimates of $2.08 billion - LSEG data** Sees Q4 sales of $3.5 billion for diabetes drug Mounjaro, below estimates of $5.35 billion** Co expects 2025 reve...
Reuters
20 hours ago
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