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Categories Investing

Supreme Court hears arguments over looming US ban on TikTok

January 10, 2025

By Andrew Chung, John Kruzel and David Shepardson WASHINGTON (Reuters) -The Supreme Court began hearing arguments on Friday over the legality of a

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Categories Investing

Netflix, Oracle among Friday’s market cap stock movers

January 10, 2025

Friday’s trading session is showcasing a notable shuffle among stocks across the board, with certain mega-cap and large-cap stocks experiencing significant intra-day

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Categories Investing

Intra-Cellular Therapies stock climbs on patent litigation settlement

January 10, 2025

Investing.com — Shares of Intra-Cellular Therapies (NASDAQ:ITCI), a biopharmaceutical company, saw an increase of up to 19%, reaching an intraday record. This

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Categories Investing

UK gilt selloff triggers pension cash calls in first big test since 2022 crisis

January 10, 2025

By Carolyn Cohn and Iain Withers LONDON (Reuters) – Some British pension funds are being told by asset managers to come up with

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Categories Investing

Fed unlikely to cut rates anytime soon after strong jobs report, deVere Group CEO says

January 10, 2025

The Federal Reserve is not expected to reduce interest rates soon, according to Nigel Green, CEO of deVere Group, following a robust

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Categories Investing

Walgreens Boots signals turnaround on track as it tops estimates, shares surge

January 10, 2025

By Manas Mishra and Sneha S K (Reuters) -Walgreens Boots Alliance beat analysts’ lowered expectations for first-quarter adjusted profit on Friday and indicated

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Categories Investing

Constellation Energy to buy Calpine in blockbuster $16.4 billion U.S. power deal

January 10, 2025

By Laila Kearney and Seher Dareen NEW YORK (Reuters) – U.S. nuclear power provider Constellation Energy (NASDAQ:CEG) on Friday agreed to

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Categories Investing

JPMorgan asks staff to return to office five days a week in March, memo shows

January 10, 2025

By Nupur Anand and Isla Binnie (Reuters) – Wall Street giant JPMorgan Chase (NYSE:JPM) asked its employees who are on hybrid work schedules

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Categories Investing

Berenberg raises price targets on luxury stocks

January 10, 2025

Investing.com — Berenberg analysts have revised their outlook on the luxury goods sector for 2025, increasing price targets for several leading stocks.  The

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Categories Investing

Canada’s Imperial Oil says senior executive to leave for Exxon Mobil

January 10, 2025

(Reuters) – Canadian oil refiner Imperial Oil (NYSE:IMO) said on Friday senior executive Sherri Evers will join major shareholder Exxon Mobil

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Categories Investing

Apellis stock drops on Astellas drug update

January 10, 2025

Investing.com — Shares of Apellis Pharmaceuticals (NASDAQ:APLS) fell 8.9% in premarket trading following news that the FDA accepted a revised supplemental application

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Categories Investing

Edison shares continue to fall amid California wildfires

January 10, 2025

Investing.com — Edison International shares are down 2.5% in premarket trading Friday, adding to the 10% drop from the previous session.  The stock’s decline

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Categories Investing

Citi upgrades McDonald’s and Sweetgreen, downgrades Yum! Brands

January 10, 2025

Investing.com — Citigroup upgraded McDonald’s (NYSE:MCD) Corp and Sweetgreen Inc while downgrading Yum! Brands Inc (NYSE:YUM). The brokerage sees McDonald’s benefiting from

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Categories Investing

Biden administration to propose nicotine limit in cigarettes as soon as Monday- report

January 10, 2025

Investing.com — The Biden administration is expected to propose a restriction on the amount of nicotine in cigarettes, according to a report

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Categories Investing

US property and casualty insurers slide as Los Angeles wildfire losses mount

January 10, 2025

By Manya Saini (Reuters) -U.S. property and casualty insurance stocks slid in premarket trading on Friday on worries over the billions of dollars

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Categories Investing

Hims & Hers Health down as Citi downgrades on GLP-1 revenue stream overvaluation

January 10, 2025

Investing.com — Shares in Hims Hers Health Inc (NYSE:HIMS) fell Friday after Citigroup (NYSE:C) analysts downgraded the stock to Sell/High

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