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US STOCKS-Nasdaq futures slide as fresh concerns around AI pressure tech stocks
Futures: Nasdaq down 1.27%, S&P 500 down 0.68%, Dow up 0.17%Oracle, chip stocks fall after WSJ report on OpenAIUPS down after Q1 profit dropsGeneral Motors up after hiking forecastCoca-Cola rises after lifting annual forecastBy Niket Nishant and Utkarsh Hathi April 28 (Reuters) - Futures t...
Reuters
Tue, Apr 28
GLOBAL MARKETS-Oil prices hit $110 and stocks fall on Iran impasse and AI
Trump unhappy with latest Iranian proposal, official says Tech stocks stumble as investors focus on AI spending boomBOJ holds rates; Fed, ECB and BoE also to stand pat this week By Harry Robertson and Ankur Banerjee LONDON/SINGAPORE, April 28 (Reuters) - Stocks fell and oil rose on Tuesday as inv...
Reuters
Tue, Apr 28
Forget Plug Power: This Profitable Clean‑Energy Leader Is the Smarter Way to Ride the Energy Transition
Key PointsPlug Power won't reach profitability until 2028Bloom Energy is already profitable. Bloom has emerged as a leader in powering data centers, a market Plug would like to enter. 10 stocks we like better than Bloom Energy › Plug Power (NASDAQ: PLUG) is a firm believer in a hydrogen-powered futu...
The Motley Fool
Tue, Apr 28
D.A. Davidson starts coverage on Micron with 'buy' rating
D.A. Davidson initiates coverage on memory chipmaker Micron Technology MU.O with a "buy" rating and a PT of $1,000, representing 90.6% upside to the stock's last close Brokerage believes artificial intelligence is creating a longer-than-usual memory cycle as compute deployment and demand...
Reuters
Tue, Apr 28
JetBlue Airways falls after wider quarterly loss
Shares of JetBlue Airways JBLU.O down 1.4% at about $4.9 premarketCo reports net loss of $319 million, or 86 cents per share, compared with loss of $208 million, or 59 cents per share, a year earlierJBLU plans to slow hiring, cut capacity and hike fares to soften the blow from soaring jet fuel costs...
Reuters
Tue, Apr 28
3 Top Bargain Stocks Ready for a Bull Run in 2026
Key PointsDuolingo, MercadoLibre, and Carnival are trading well below their recent highs.Duolingo and Carnival are trading at forward earnings multiples in the pre-teens. MercadoLibre is a bit pricier, but it's a relative bargain to its premium-priced past.10 stocks we like better than Duolingo › Al...
The Motley Fool
Tue, Apr 28
Warren Buffett's Best Stock Market Investment Advice for Right Now
Key PointsThree pieces of past advice from Warren Buffett seem especially relevant to the current environment.He sees no reason to "make a long-term bet against America."He also urges investors to avoid the temptation to excessively trade their accounts and advocates for the Vanguard S&P 500 ETF.10 ...
The Motley Fool
Tue, Apr 28
Kimberly-Clark flags potential $170 million cost impact from higher oil prices
April 28 (Reuters) - Kimberly-Clark KMB.O warned on Tuesday that persistently higher oil prices could add up to $170 million in costs in the second half of the year, but kept its annual forecast unchanged as demand for its personal care products held up.The warning echoes concerns across the consume...
Reuters
Tue, Apr 28
Sanmina climbs after upbeat Q3 revenue forecast, Q2 beat
Shares of manufacturing solutions firm Sanmina Corp SANM.O jump 9.1% to $205.19 premarketCo sees Q3 revenue between $3.2 bln and $3.5 bln, above prior expectations of $3.1 bln and $3.4 blnPosts Q2 rev of $4.01 bln, above analyst estimate of $3.28 bln; adj EPS of $3.16 beats estimate of $2.40The beat...
Reuters
Tue, Apr 28
S&P Global reports higher first-quarter profit on demand for analytics products
April 28 (Reuters) - Financial information company S&P Global SPGI.N reported a rise in first-quarter profit on Tuesday on strong demand for its data and analytics offerings amid geopolitical uncertainty, sending its shares up about 1.3% in premarket trading.Rising market volatility, private cre...
Reuters
Tue, Apr 28
RPT-BREAKINGVIEWS-Meta pokes holes in China's great AI firewall
By Karen Kwok NEW YORK, April 27 (Reuters Breakingviews) - Meta Platforms META.O has exposed a recurring dilemma for China: the country wants its technology champions to go global, but not to leave home. Beijing effectively ordered the social-media goliath to unwind its $2 billion acquisition of ...
Reuters
Tue, Apr 28
RPT-BREAKINGVIEWS-Meta pokes holes in China's great AI firewall
By Karen Kwok NEW YORK, April 27 (Reuters Breakingviews) - Meta Platforms META.O has exposed a recurring dilemma for China: the country wants its technology champions to go global, but not to leave home. Beijing effectively ordered the social-media goliath to unwind its $2 billion acquisition of ...
Reuters
Tue, Apr 28
Youlife Group Inc. Reports Full Year 2025 Financial Results
Revenues up 16.9% year-over-year to RMB 1,854.3 million Employee management services revenue increased by 24.4% over last year Net Profit of RMB 42.7 million in fiscal 2025 vs a net loss in 2024 Cash and cash equivalents increased 14.0% in the year compared to the prior period SHANGHAI, Apr...
PR Newswire
Tue, Apr 28
Climb Bio jumps after $110 mln share placement
Climb Bio's CLYM.O shares jump 9.1% premarket to $10.37 after $110 mln equity raise newsCLYM says it sold ~9.48 mln shares and pre-funded warrants to buy ~2.1 mln shares in private placement at $9.50, which is in line with stock's last closeNew and existing investors participated in placemen...
Reuters
Tue, Apr 28
Axogen rises after Q1 revenue beat estimates
Shares of surgical device maker Axogen AXGN.O rise 9.9% to $43.44 premarketAXGN posts Q1 revenue of $61.5 mln, beating analysts' estimates of $57.7 mln, according to data compiled by LSEG It now expects 2026 revenue growth to be at least 20%, or $270 mln, compared with prior forecast of 18% or $...
Reuters
Tue, Apr 28
Meet the Unstoppable Artificial Intelligence (AI) Stock Obliterating Every Member of the "Magnificent Seven" in 2026
Key PointsMost cloud computing companies offer a growing portfolio of tools and services to help their customers deploy AI software. "Magnificent Seven" members Amazon, Microsoft, and Alphabet dominate the AI cloud space, but a minnow called DigitalOcean is also having incredible success. DigitalOce...
The Motley Fool
Tue, Apr 28
Oracle, CoreWeave shares drop after report flags OpenAI growth worries
April 28 (Reuters) - Oracle ORCL.N and CoreWeave CRWV.O shares fell in premarket trading on Tuesday after the Wall Street Journal reported OpenAI has missed its goals for new users and revenue in recent months, raising concerns over the ChatGPT creator's growth prospects.OpenAI CFO Sarah Friar e...
Reuters
Tue, Apr 28
Big Tech Stocks Fell; Oracle Down 7%; AMD Down 6%; Broadcom Down 5%; Micron, TSMC, SMCI And Nvidia Down 3%
Big Tech Stocks Fell; Oracle down 7%; AMD down 6%; Broadcom down 5%; Micron, TSMC, SMCI and Nvidia down 3%.
Tiger News
Tue, Apr 28
INDIA BONDS-India 10-year yield at three-week peak as oil tops $110
By Khushi Malhotra MUMBAI, April 28 (Reuters) - Indian government bond yields jumped on Tuesday, pushing the benchmark 10-year yield to a three-week high, after oil climbed above $110 a barrel on stalled U.S.-Iran peace talks, fuelling inflation and growth concerns.The benchmark 6.48% 2035 bond y...
Reuters
Tue, Apr 28
Erasca shares sink after patient death in early-stage cancer drug trial
By Kamal ChoudhuryApril 28 (Reuters) - Erasca ERAS.O shares fell over 50% before the bell on Tuesday after the company disclosed a patient death in an early-stage trial of its experimental cancer drug, even though analysts said the incident was unlikely to signal a broader safety issue.The San Diego...
Reuters
Tue, Apr 28
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