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Meta rises after Bernstein raises PT

BUZZ-Meta rises after Bernstein raises PT ** Shares of Facebook-parent Meta Platforms META.O rise 1.6% to $576.56 ** Bernstein raises PT on META stock to $675 from $600, which represents an upside of ~19% to stock's last close ** Meta has replaced Google as a generally safe investment that requires little active monitoring offering investors a grow
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Tesla gains after brokerages raise PT

BUZZ-Tesla gains after brokerages raise PT ** Tesla's shares TSLA.O rise 2.4% to $266.66 ** Piper Sandler raises PT to $315 from $310; new price target represents a 21.2% upside to the stock's last close ** Boosting price target to reflect higher deliveries and margins in the quarter - Piper Sandler ** Stifel raises PT to $287 from $265 ** Key posi
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Western Digital gains after topping Q1 profit estimates

BUZZ-Western Digital gains after topping Q1 profit estimates Updates ** Shares of memory chip maker Western Digital WDC.O rise 7 .8 % to $7 1.45; hit three-month high ** Com pany topped Wall Street ests. for quarterly profit on demand for its data storage products ** Western Digital reported FY25 Q1 adj EPS of $1.78, beating analysts' expectation of $1.72, according to data compiled by LSEG ** Com pany p osted Q1 rev of $4.10 bln ve rsus est.
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U.S. STOCKS Intel, Colgate-Palmolive, Mohawk Industries

BUZZ-U.S. STOCKS ON THE MOVE-Intel, Colgate-Palmolive, Mohawk Industries Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The main U.S. indexes rose on Friday, as Treasury yields slipped from the week's high and relieved the pressure on megacaps, and investors awaited quarterly results from some of Wall Street's biggest companies next week.
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Nvidia overtakes Apple as world's most valuable company

Nvidia overtakes Apple as world's most valuable company By Noel Randewich and Sruthi Shankar Oct 25 (Reuters) - Nvidia NVDA.O dethroned Apple AAPL.O as the world's most valuable company on Fri day , following a record-setting rally in the stock powered by an insatiable demand for its new supercomputing AI chips. Nvidia's stock market value briefly touched $3.53 trillion, while that of Apple was $3.52 trillion, according to data from LSEG.
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South African rand firms; focus on mid-term budget next week

UPDATE 1-South African rand firms; focus on mid-term budget next week Updates prices as of 1510 GMT, adds details on Reuters poll in paragraph 7 JOHANNESBURG, Oct 25 (Reuters) - South Africa's rand firmed on Friday while local investors geared up for the country's mid-term budget next week. At 1510 GMT, the rand traded at 17.64 against the dollar ZAR=D3 , about 0.1% stronger than its previous close.
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Individual investor bulls tumble to a 6-month low - AAII

LIVE MARKETS-Individual investor bulls tumble to a 6-month low - AAII Main U.S. indexes green: Nasdaq out front, up ~1.3% Tech leads S&P 500 sector gainers; Financials weakest group Euro STOXX 600 index up ~0.04% Dollar ~flat; gold, bitcoin edge up; crude up >1% U.S. 10-Year Treasury yield edge up to ~4.21% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Newell Brands soars after 2024 profit forecast raise

BUZZ-Newell Brands soars after 2024 profit forecast raise Updates ** Shares of Newell Brands NWL.O surge as much as 25.7% at $9.01 ** The Sharpie maker raises 2024 adjusted EPS forecast to a range of 63 cents to 66 cents vs prior forecast of 60 cents to 65 cents ** Stock is set for its best day since July 26, if gains hold ** JP Morgan says investo
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Stocks edge higher but set weekly decline on US election nerves; crude oil rises

GLOBAL MARKETS-Stocks edge higher but set weekly decline on US election nerves; crude oil rises Rewrites with U.S. market open, adds fresh analyst quote By Chibuike Oguh NEW YORK, Oct 25 (Reuters) - Global stocks were trading higher on Friday, although they were set for a weekly loss amid U.S. election jitters, while oil prices rose, buoyed by Middle East tensions.
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US consumer moods brighten, among Republicans in particular

US consumer moods brighten, among Republicans in particular Oct 25 (Reuters) - U.S. consumer sentiment climbed to a six-month high in October as declining interest rates helped improve buying conditions for big-ticket items like cars, but the uptick was most pronounced among Republicans who grew more confident in their party regaining the White House in the Nov.

Citigroup downgrades Bristol-Myers Squibb to 'neutral'

BUZZ-Citigroup downgrades Bristol-Myers Squibb to 'neutral' ** Brokerage Citigroup cuts rating on drugmaker Bristol-Myers Squibb BMY.N to "neutral" from "buy", while also slashing PT to $55 from $75 ** Citigroup analysts say expected growth pressure from Eliquis, co's blood thinner drug, makes them "incrementally more cautious" after a 56% price cut following negotiation over prescription drugs in mid-August ** Late cycle products or products which lose market exclusivity with weak demand should

Cotton falls to one-week low on harvest pressure, lower grains

Cotton falls to one-week low on harvest pressure, lower grains Oct 25 (Reuters) - ICE cotton futures eased to a one-week low on Friday, weighed down by growing harvest pressure, while a retreat in the grains market also weighed on the natural fiber. * Cotton contracts for December CTZ4 fell 0.35 cent, or 0.49%, at 71.18 cents per lb at 11:01 a.m. ET (1501 GMT).

US FDA says 75 people taken ill from McDonald's E.coli outbreak

UPDATE 1-US FDA says 75 people taken ill from McDonald's E.coli outbreak Adds details from FDA report throughout Oct 25 (Reuters) - The U.S. Food and Drug Administration said on Friday that 75 persons have been infected from the E.coli outbreak linked to McDonald's MCD.N Quarter Pounder hamburgers. The infections had killed one person, sickened 49 and hospitalized 10 across the U.S.

Toronto stocks rise on energy sector boost; set for weekly fall

CANADA STOCKS-Toronto stocks rise on energy sector boost; set for weekly fall Updated at 10:06 a.m. ET/ 1406 GMT By Nikhil Sharma Oct 25 (Reuters) - Canada's main stock index rose slightly on Friday, led by energy and technology shares, though gains were limited by telecom shares, while investors parsed domestic economic data. The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 16.55 points, or 0.07%, at 24,568.1, but was set to register a weekly loss.
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US FDA says 75 people taken ill from McDonald's E.coli outbreak

US FDA says 75 people taken ill from McDonald's E.coli outbreak Oct 25 (Reuters) - The U.S. Food and Drug Administration said on Friday that 75 persons have been infected from the E.coli outbreak linked to McDonald's MCD.N Quarter Pounder hamburgers. The infections had killed one person, sickened 49 and hospitalized 10 across the U.S. West and Midwest, the CDC had said on Oct.

Coursera falls on lowered FY24 revenue forecast

BUZZ-Coursera falls on lowered FY24 revenue forecast Updates ** Online learning platform Coursera' s COUR.N shares fall 7 .8 % to $7 .02 * * Stock lost over 17% earlier in the session, hitting record low of $6.29 ** Co sees FY24 reve nue o f $690 mln-$694 mln vs prior view of $695 mln-$705 mln, on weaker consumer retention and drop in net revenue retention at enterprise business ** Raises FY24 adj.

TGIF data roundup: Core cap goods orders beat, consumer mood gets a boost

REFILE-LIVE MARKETS-TGIF data roundup: Core cap goods orders beat, consumer mood gets a boost Fixes typo in title above post to say BOOST not BOOS U.S. equity indexes green: Nasdaq out front, up >1% Tech leads S&P 500 sector gainers; Financials weakest group Euro STOXX 600 index up ~0.1% Dollar ~flat; gold, bitcoin edge up; crude up ~1% U.S. 10-Year Treasury yield edges up to ~4.21% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Most Latam FX fall at the end choppy week; focus on US elections

EMERGING MARKETS-Most Latam FX fall at the end choppy week; focus on US elections Updated at 10:30 a.m. ET/ 1430 GMT Brazil's Vale rises after Q3 profit beat Elections in Uruguay this weekend By Shashwat Chauhan Oct 25 (Reuters) - Most Latin American currencies slipped after rising in the last session on Friday, capping of a week of nervy trading in lead-up to the U.S.
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Wall St gains as easing Treasury yields lift megacaps

US STOCKS-Wall St gains as easing Treasury yields lift megacaps For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Apple falls after decline in China Q3 sales Capri plummets after US judge blocks Tapestry merger Centene jumps following Q3 profit beat Indexes up: Dow 0.39%, S&P 500 0.67%, Nasdaq 1.13% Updated at 09:52 a.m.
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Intel gains on $28 bln investment plan to build two chip factories in Ohio

BUZZ-Intel gains on $28 bln investment plan to build two chip factories in Ohio ** Shares of Intel INTC.O rise 3.8% to $23.18 in morning trading ** INTC says it will invest more than $28 billion to construct two new chip factories in Ohio ** Initial phase of the project is expected to create 3,000 Intel jobs , co says ** Up to last close, stock dow
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