Korean Stocks Rise on AI Boom; Thai Shares Steady After Rate Hold
Korean stocks rose on the AI boom, while Thai securities were steady after monetary policy was left unchanged.
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Xylem Cuts 2026 Profit Outlook as Shares Hit 52-Week Low
Xylem lowered its 2026 adjusted EPS forecast to $5.40–$5.45 from $5.55–$5.70 and revenue guidance to $8.95 billion from $9.2 billion. Shares were down 11.79% at $95.47, a new 52-week low, at publication.
U.S. Stocks Rise as AI Shares Gain on Anthropic IPO Filing
U.S. stocks and AI shares rose, with the report attributing the move to Anthropic filing for an IPO.
Verizon shares rise 2.1% after raising annual outlook
Verizon shares gained 2.1% in premarket trading after raising its annual outlook and reaching an AI partnership agreement with AWS.
3M Shares Rise 5.3% as Company Raises Full-Year Earnings Guidance
3M traded at $170.58, up approximately 5.3% at 10:29 a.m. ET on October 20. It raised full-year adjusted earnings guidance on a revised amortization basis and outlined an Amazon data-center agreement.
Amazon Shares Rise 3.3% After Morgan Stanley Raises Price Target
Amazon shares rose 3.3% in the morning session after Morgan Stanley named the company a top pick and raised its price target to $350 from $335. Analyst Brian Nowak maintained an Overweight rating.
US Stock Futures Rise as AI Shares Rebound, Oil and Yields Fall
US stock index futures gained Monday as AI-related shares rebounded from last week's sharp selloff. Easing oil prices and Treasury yields also supported investor optimism.
ASML Shares Fall Despite Strong Earnings and AI Demand
ASML shares are trading lower despite Q3 earnings and revenue above consensus and Q4 revenue guidance above consensus. The article also reports hotter-than-expected core CPI and selling pressure in AI stocks.
RPT — ROI — Wall Street’s AI bet is now too big to hit: McGeever
(Repeats Monday's column to additional subscribers without any changes. The opinions expressed here are those of the author, a columnist for Reuters.) By Jamie McGeever ORLANDO, Florida, Oct 12 (Reuters) — The hurdle for continued AI-driven equity gains is strikingly high. And with cracks starting to appear in the seem
US stocks rise broadly to end positive week
Major U.S. indexes finished higher Friday, with nine S&P 500 sectors advancing and small- and mid-cap shares also participating. Technology was mixed, as semiconductor weakness offset gains in software, cybersecurity and several megacaps.
What's Going On With Snap Stock Friday?
Snap Inc. (NYSE: SNAP ) stock climbed nearly 7% on Friday as investors showed renewed interest in the social media company despite weakness in the broader communication services sector. The rally came as the Nasdaq gained 0.47% and the S&P 500 rose 0.57%. Nine of the 11 market sectors advanced, while the market’s advan
US stock index futures rise as oil falls
US stock index futures rose as oil prices retreated on easing Middle East supply concerns, while telecom shares were pressured after SpaceX’s spectrum deal.
Bitcoin falls 2.6% as miners turn profitable again
CryptoQuant said bitcoin miners moved back into profitability in late August when bitcoin crossed $76,000, and that they are no longer dumping bitcoin to stay afloat. Bitcoin fell 2.6% to $81,272.
PepsiCo cuts profit outlook
PepsiCo said it cut its profit outlook. The update is a factual company guidance change but appears as part of a broader market wrap rather than a standalone breaking release.
Amazon's Current Valuation Presents Attractive Entry Point: Analyst
Amazon.com Inc. (NASDAQ: AMZN ) is heading into its third-quarter report with investors weighing strong Amazon Web Services expectations against pressure from higher AI spending, data-center investment and a weaker broader market setup. Amazon shares fell nearly half a percent in Thursday trading as risk appetite weake
Amazon Shares Rise 0.8% Amid AI Advertising Push
Amazon (AMZN) shares increased by approximately 0.8% to $253.41 as of October 6, driven in part by its artificial intelligence advertising initiatives. Cantor Fitzgerald maintained an Overweight rating and a $320 price target for the stock.
Amazon Shares Rise After Synopsys Deal, Price Target Hikes
Amazon.com Inc. (AMZN) may see positive investor sentiment following a $1 billion deal with Synopsys Inc. (SNPS), alongside price target increases from analysts and updates on its Alexa technology.
Amazon Stock Rises 1.7% on AWS Bank Diagnosis Time Cut
Amazon shares increased approximately 1.7% to $250.77 on Wednesday morning, following a demonstration of how its AWS DevOps Agent is being used to cut bank diagnosis time by 71%.
Amazon, GoodRx target U.S. prescription subscribers as health insurance coverage slips
Amazon said RxPass users have nearly tripled since 2023, while GoodRx said subscription revenue rose 39% to $28.5 million in the second quarter. The story says rising health insurance costs and narrower coverage are helping fee-based drug plans attract consumers.
$6.51 Diesel Should Be Crushing the Economy: Here’s Why It Has Rarely Grown Faster
The national average price of a gallon of diesel has hit a record $6.51, while gasoline remains near historic highs. Yet, the U.S. economy does not seem to care. • State Street SPDR S&P 500 ETF Trust stock is moving in positive territory. Why are SPY shares climbing? The Federal Reserve Bank of Atlanta’s GDPNow model e
Amazon rises as it backs stricter AI testing and safeguards
Amazon shares climbed about 1.6% to $255.09. In the AI-safety debate, the company said it supports tougher testing and safeguards without slowing development.
Kuehne+Nagel jumps on long-term Amazon deal for cloud logistics
Shares in Swiss logistics group Kuehne+Nagel surged 5.8%% on news of a strategic collaboration with Amazon. The deal involves Amazon Web Services and covers cloud infrastructure logistics. An insider indicated the Amazon contract generates revenue in the high triple-digit million-dollar range, potentially reaching seve
LIVE MARKETS — Cash — return stocks win back investor favor, leaving megacaps behind
Main US indexes turn redDow is weakest off ~0.5%, Nasdaq strongest, off ~0.1% Energy leads S&P 500 sector gainers; Materials is biggest loser Euro STOXX 600 index down >1% Dollar, gold rise; US crude up ~0.9%; bitcoin rallies >5% US 10-year Treasury yield rises to ~4.99% Welcome to the home for real-time coverage of ma
Amazon shares rise after $2.4 billion backup power deal
Amazon shares gained about 2.5% to $252.01 Thursday following a $2.4 billion data-center backup-power agreement with Generac, Reuters reported.
Amazon shares slip as qualifying minimum wage rises in U.S.
Reuters reported Amazon set $20 an hour as the new minimum wage for qualifying full-time workers across its U.S. operations; the stock was about 0.5% lower to $247.20.
Oracle shares rise on first-quarter revenue backlog jump
Oracle reported a $26 billion jump in first-quarter revenue backlog, with shares rising 6% before the bell.
Oracle shares rise after AI cloud backlog beats estimates
Oracle (ORCL) shares rose 5.5% premarket after the company reported stronger-than-expected quarterly results and booked more than $30 billion of additional AI cloud contracts.
Chewy posts in-line Q2 earnings and raises full-year revenue outlook
Chewy reported second-quarter results broadly in line with expectations, with net sales up 7.3% year over year to $3.33 billion. Management raised full-year net sales guidance and increased 2026 revenue guidance by $40 million at the midpoint.
Qualcomm shares rise after Amazon chip collaboration announcement
Qualcomm said it is working on various chip projects with Amazon, announcing a new collaboration Tuesday. The stock was popping Tuesday morning on the news.
Nvidia fiscal Q2 results may test AI infrastructure demand
Nvidia Corp. is set to report fiscal second-quarter results Wednesday after the bell, with Wall Street expecting $2.07 in adjusted EPS on $91.91 billion in revenue and the company guiding to $91 billion, plus or minus 2%.