Top 3 Utilities Stocks That May Implode This Quarter - Brookfield Infr Partners (NYSE:BIP), Clearway Energy (NYSE:CWEN)
Benzinga· 2026-02-09 11:21
As of Feb. 9, 2026, three stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Be ...
Top 3 Utilities Stocks That May Implode This Quarter
Benzinga· 2026-02-09 11:21
As of Feb. 9, 2026, three stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Be ...
UniCredit booked provisions to keep cutting Amundi funds until contract ends
Reuters· 2026-02-09 11:21
UniCredit has already booked the provisions needed to cover penalties owed to its partner Amundi as the Italian bank keeps cutting the amount of funds from the French company in client portfolios, CEO... ...
XPENG and Ant International's Antom Advance Global Collaboration to Improve Digital Payment Experience for EV Charging
Businesswire· 2026-02-09 11:21
GUANGZHOU, China & SINGAPORE--(BUSINESS WIRE)--XPENG, a global leader in intelligent electric vehicles (EV) driven by cutting-edge AI and innovation, launched its start-and-stop charging payment functionality on the XPENG APP in Hong Kong, China on February 9. The service is supported by Antom, a leading merchant payment and digitisation services provider under Ant International. Antom introduced a tailored payment solution to support the globalisation of smart EV players, which XPENG integrate. ...
Nexus Global Payments Appoints Technical Operator
Businesswire· 2026-02-09 11:21
SINGAPORE--(BUSINESS WIRE)--Nexus Global Payments (NGP) appoints Payments Network Malaysia (PayNet) and Network for Electronic Transfers Singapore (NETS) joint venture as the Nexus Technical Operator (NTO). This follows a competitive procurement process involving global bidders and marks a major milestone in building an interoperable global payments infrastructure. The evaluation of bidders considered technical capability, operational resilience, cost efficiency, and alignment with Nexus' visio. ...
3 Reasons to Buy $1,500 of XRP (Ripple) and Never Look Back
Yahoo Finance· 2026-02-09 11:20
As an investment, XRP (CRYPTO: XRP) is a great way to get exposure to the trend of capital moving to blockchain-based management, not to mention exposure to the growth of fintech in crypto (and vice versa). With that in mind, let's take a look at three reasons to buy it with a small investment of $1,500. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both ...
Sensex reclaims 84K-mark; Nifty ends up 174 points
Rediff· 2026-02-09 11:19
'Positive signals from the trade deal, coupled with the return of FIIs, fuelled a risk-on sentiment in the market.'Photograph: Danish Siddiqui/ReutersKey PointsBoI, Titan, UltraTech Cement, Tata Steel, Eternal, BHEL, Kotak Mahindra Bank, IndiGo, Trent, M&M, L&T, Sun Pharma and Asian Paints were the gianers.PowerGrid, NTPC, ITC, ICICI Bank, Infosys, HDFC Bank, Tech Mahindra, Maruti Suzuki and Axis Bank were the laggards.Sectors such as cement, capital goods, textiles, and consumer discretionary attracted inv ...
Ralph Lauren lifts FY26 outlook following strong holiday sales growth
Yahoo Finance· 2026-02-09 11:18
Core Insights - The company reported a 12% year-over-year increase in net revenue for Q3, reaching $2.4 billion, with foreign currency movements contributing approximately 220 basis points to this growth [1] - Revenue growth on a constant currency basis was 10%, exceeding prior expectations of mid-single-digit growth [1] - The company anticipates full-year fiscal 2026 revenues to grow by high-single to low-double digits on a constant currency basis, an increase from earlier guidance of 5-7% [5] Revenue Breakdown - North America revenue increased by 8% to $1.1 billion, driven by a 7% rise in comparable store sales and an 11% increase in wholesale revenues [1] - In Europe, revenue rose 12% to $676 million on a reported basis, with a 4% increase in constant currency; digital commerce grew by 5%, while physical store sales declined by 1% [2] - Asia experienced a significant 22% revenue increase to $620 million, with comparable store sales growing by 20% [2] Profitability Metrics - The company's gross profit reached $1.7 billion, resulting in a gross margin of 69.9%, which is an increase of 150 basis points from the previous year [2] - Operating income rose to $471.3 million from $389.7 million [3] - Net income for the third quarter was $362 million, translating to $5.82 per diluted share, compared to $297 million or $4.66 per share in the previous year [3] Strategic Outlook - The CEO highlighted strong growth across geographies and consumer segments, enabling investments in long-term strategic priorities and brand elevation [4] - The company's strategy, termed "Next Great Chapter: Drive," is supported by multiple growth drivers and aims to deliver sustainable growth and long-term value creation [4]
Gainers & Losers: SBI, Shipping Corporation and PFC among 6 big movers on Monday
Economictimes.Indiatimes· 2026-02-09 11:17
SBIShares of State Bank of India (SBI) surged 8% intraday to hit the 52-week high of Rs 1,150 on the NSE following strong Q3 earnings on Saturday. The PSU bank reported a 24% YoY growth in its standalone net profit at Rs 21,028 crore while its net interest income increased 9% YoY to Rs 45,190 crore. The stock has also received favourable brokerage reviews, giving a fresh impetus to the stock. It ended at Rs 1,147.80. ...
How the Release of Grand Theft Auto VI Could Impact Take-Two’s Stock Price
Investing· 2026-02-09 11:16
Market Analysis by covering: Take-Two Interactive Software Inc. Read 's Market Analysis on Investing.com ...