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At close: October 24 at 12:11:57 PM GMT+8

Oklo strikes nuclear power deal with Switch, stock jumps

Oklo (OKLO) stock is rising Wednesday following the company's announcement of a strategic partnership with data center operator Switch. The nuclear power deal involves Oklo developing 12 gigawatts of advanced nuclear power to supply Switch's facilities across the United States through 2044. Yahoo Finance anchors Madison Mills and Brad Smith dive into the details. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

Yahoo Finance Video 30 minutes ago

OKLO
Honda and Nissan weigh a possible merger: Nissan stock surges

Honda (HMC, 7267.T) and Nissan (NSANY, 7201.T) are considering a potential merger that would create the third-largest automaker in the world. Yahoo Finance Senior Autos Reporter Pras Subramanian sits down with Brad Smith and Madison Mills on Morning Brief to break down what investors need to know. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan.

Yahoo Finance Video 2 hours ago

NSANF

NSANY

HMC
Fed decision, Micron earnings, housing data: What to Watch

Hosts Julie Hyman and Josh Lipton detail the top market news to watch for tomorrow, Wednesday, December 18. Investors are focused on the Federal Reserve as the Federal Open Market Committee (FOMC) Meeting concludes tomorrow. The central bank is set to announce its interest rate decision at 2 p.m. ET, and market participants are expecting a potential 25-basis-point cut to interest rates. On the earnings front, Wall Street will scrutinize quarterly reports from Micron Technology (MU), Lennar (LEN), General Mills (GIS), and Birkenstock (BIRK). Additionally, monthly Housing Starts and Building Permits data will provide crucial insights into the current state of the housing market. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith

Yahoo Finance Video 17 hours ago

MU

LEN

LEN-B
Trump weighs eliminating EV tax credit. What it means for the auto industry.

According to a new Reuters report, President-elect Donald Trump is expected to eliminate the electric vehicle (EV) tax credit. His administration is also considering rolling back investments in EV infrastructure, including charging stations and battery development. AutoGuide Editorial Director Greg Migliore joins Wealth! to analyze these potential changes. Migliore suggests that eliminating the EV tax credit could cause EV demand to "take a hit" as increased costs shift to consumers. He predicts this policy change might boost demand for hybrid and traditional gas-powered vehicles. When asked about automakers best positioned to weather these potential changes, Migliore identifies General Motors (GM), Ford (F), Hyundai (HYMTF), Toyota (TM), and Honda (HMC). He points to their diverse vehicle lineups spanning both EVs and conventional gas-powered options across various price points. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

Yahoo Finance Video 18 hours ago

F

NKLA

TM
Nissan and Honda Discuss Potential Merger to Form World's Third-Largest Automaker

Market Reacts as Foxconn Shows Interest in Acquiring Stake in Nissan Amid Merger Talks

GuruFocus.com 23 minutes ago

NSANY

HMC
Top Midday Stories: General Mills Lowers Adjusted EPS Guidance; Merck Strikes Licensing Deal With Chinese Drugmaker to Develop Weight-Loss Pill

All three major US stock indexes were up around midday trading on Wednesday ahead of the Federal Res

PREMIUM
MT Newswires 25 minutes ago

GNTX

GIS

LEN-B
General Mills Crumbles: Why Investors Are Bailing Despite a Stellar Quarter

Profit cuts and spending spikes send shockwaves through General Mills stock--here's what it means for your portfolio.

GuruFocus.com 54 minutes ago

GIS
Jabil Beats First-Quarter Views, Lifts Full-Year Outlook; Shares Rise Intraday

Shares of Jabil (JBL) advanced intraday Wednesday after the manufacturing solutions provider reporte

PREMIUM
MT Newswires 1 hour ago

JBL
Jabil Stock Soars on Circuit Board Maker's Q1 Results, Raised Outlook

Jabil exceeded profit and sales estimates in the first quarter since announcing a restructuring.

Investopedia 1 hour ago

JBL
Nissan and Honda's Game-Changing Merger: A $54 Billion Power Play in the EV Revolution

Japan's auto giants join forces to take on Tesla, BYD, and the electrification race.

GuruFocus.com 1 hour ago

HMC

NSANY
Nissan Stock Jumps as Investors Eye Possibility of Honda Deal

Honda and Nissan have acknowledged the possibility of a merger, driving an active trading session in Tokyo for the Japanese auto makers.

Investopedia 1 hour ago

NSANY

HMC
Hunting For Magnificent Growth Next Year? Check Out These 7 Stocks.

None of our picks is Nvidia or Amazon or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth.

Investor's Business Daily 1 hour ago

TGI

GE

^GSPC
Viking Plummets After Merck Inks A $2.01 Billion Obesity Deal — With Someone Else

Merck threw its hat into the obesity race on Wednesday, inking a deal worth up to $2.01 billion with Hansoh Pharma for its weight-loss drug.

Investor's Business Daily 1 hour ago

VKTX

MRK
Jabil Stock Skyrockets 10% After Crushing Earnings Expectations

Strong results and bold moves in AI and digital commerce send Jabil shares soaring to new highs.

GuruFocus.com 1 hour ago

JBL
Sam Altman Nuclear Startup Continues Hot 2024 With 12-Gigawatt Data Center Deal

Oklo — the nuclear power startup backed by OpenAI head Sam Altman — announced Wednesday it has signed an agreement to provide as much as 12 gigawatts of energy to Switch, an AI provider and data center operator. The advanced nuclear technology company said Wednesday the deal is to supply 12 gigawatts worth of nuclear projects to Switch through 2044. Oklo currently expects its first Aurora powerhouse nuclear reactor to be operational by 2027.

Investor's Business Daily 1 hour ago

SMR

SMR-WS

MSFT
Honda and Nissan Might Merge. It’s a Risky, Yet Sensible, Bet.

Honda Motor and Nissan Motor are considering a merger or other partnership Wednesday, according to a recent report. There are some very good reasons seemingly stable car companies are taking what appear to be radical steps. Nissan’s U.S.-listed American depositary receipts were up 15% in early trading, while the was down about 0.1%, and the was up 0.2%.

Barrons.com 1 hour ago

HMC

NSANY
Merck Licenses a Weight-Loss Pill. It’s Bad News for Obesity Biotechs.

The low-risk approach by the drug giant is a sign of the extent of Eli Lilly and Novo Nordisk’s dominance in the weight-loss market.

Barrons.com 1 hour ago

LLY

VKTX

GPCR
General Mills Lowers Profit Outlook on Price Cuts

(Bloomberg) -- Cheerios maker General Mills Inc. lowered its profit outlook for fiscal 2025 as it moves to cut prices.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousGeneral Mills Chief Executive Officer Jeff Harmening said in the earnings statement that the company made investments “to bring consumers greater value.” Even as it also lowered the company’s profit outlook, Harmening said the move positions it for “sustainable growth in fiscal 2026 and beyond.

Bloomberg 2 hours ago

GIS

^GSPC
Honda, Nissan in Merger Talks

A tie-up could be the only way for both companies to survive the current market.

IEN 2 hours ago

HMC

NSANY
GIS Beats Q2 Earnings Estimates, Updates View on Higher Investments

General Mills posts adjusted earnings of $1.40 per share in Q2, which is up 12% year over year on a constant currency basis.

Zacks 2 hours ago

GIS

INGR

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Related News

Oklo strikes nuclear power deal with Switch, stock jumps

Honda and Nissan weigh a possible merger: Nissan stock surges

Fed decision, Micron earnings, housing data: What to Watch

Trump weighs eliminating EV tax credit. What it means for the auto industry.

Nissan and Honda Discuss Potential Merger to Form World's Third-Largest Automaker

Top Midday Stories: General Mills Lowers Adjusted EPS Guidance; Merck Strikes Licensing Deal With Chinese Drugmaker to Develop Weight-Loss Pill

General Mills Crumbles: Why Investors Are Bailing Despite a Stellar Quarter

Jabil Beats First-Quarter Views, Lifts Full-Year Outlook; Shares Rise Intraday

Jabil Stock Soars on Circuit Board Maker's Q1 Results, Raised Outlook

Nissan and Honda's Game-Changing Merger: A $54 Billion Power Play in the EV Revolution

Nissan Stock Jumps as Investors Eye Possibility of Honda Deal

Hunting For Magnificent Growth Next Year? Check Out These 7 Stocks.

Viking Plummets After Merck Inks A $2.01 Billion Obesity Deal — With Someone Else

Jabil Stock Skyrockets 10% After Crushing Earnings Expectations

Sam Altman Nuclear Startup Continues Hot 2024 With 12-Gigawatt Data Center Deal

Honda and Nissan Might Merge. It’s a Risky, Yet Sensible, Bet.

Merck Licenses a Weight-Loss Pill. It’s Bad News for Obesity Biotechs.

General Mills Lowers Profit Outlook on Price Cuts

Honda, Nissan in Merger Talks

GIS Beats Q2 Earnings Estimates, Updates View on Higher Investments