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Morningstar sees demand growth for Treasury Wine; keeps fair value unchanged on shipment drag
Morningstar highlights improving demand for Australia's standalone winemaker Treasury Wine Estates’ TWE.AX labels but cautions that subdued distributor shipments will likely temper revenue over the next two yearsInvestment research firm leaves earnings forecasts and A$8.50 fair value of co uncha...Reuters
Thu, Apr 23
GLOBAL MARKETS-US stocks ease, oil climbs as investors assess Strait of Hormuz stand-off, mixed earnings
S&P 500, Nasdaq back down from record closing highsIran shows off its control over Strait of HormuzIran air defense is engaging in targets over Tehran - reportsAmerican Airlines, Honeywell provide disappointing guidance due to war uncertaintiesOil prices extend gains on reports of Iran air defen...Reuters
Thu, Apr 23
US STOCKS-Stocks weaken on dimming hopes for Iran deal, mixed quarterly earnings
Stocks ease as oil prices climbTesla, IBM and Lockheed Martin down after earningsTexas Instruments gains after resultsIndexes off: Dow 0.48%, S&P 500 0.49%, Nasdaq 0.95%By Chuck Mikolajczak and Niket Nishant NEW YORK, April 23 (Reuters) - U.S. stocks fell in choppy trading on Thursday, buffet...Reuters
Thu, Apr 23
Skillz shares skyrocket >400%; co wins legal victory against rival Papaya Gaming
Shares of mobile gaming platform Skillz SKLZ.N skyrocket as much as 443.5% to $20 on Thurs amid multiple halts for volatility. Stock last up 270% at $13.62Rival Papaya Gaming found liable for false advertising Thurs and ordered by a Manhattan federal court jury to pay $420 mln in damages to Skillz, ...Reuters
Thu, Apr 23
Grace Therapeutics falls after FDA declines to approve stroke drug
Shares of drug developer Grace Therapeutics GRCE.O fall 50% to $2.12 GRCE says the U.S. Food and Drug Administration declined to approve its drug for a rare type of stroke, citing deficiencies in chemistry, manufacturing and controls and non-clinical dataThe drug GTx-104 is for the treatment of aneu...Reuters
Thu, Apr 23
LIVE MARKETS-Bulls charge ahead - AAII
Main US indexes fall; Nasdaq off most, down ~0.8%Tech is weakest S&P 500 sector; Utilities sector leads gainersDollar up; US crude gains >2%; gold, bitcoin both off ~0.5%US 10-year Treasury yield rises to ~4.32%Welcome to the home for real-time coverage of markets brought to you by Reuters r...Reuters
Thu, Apr 23
PREVIEW: Digital Realty dips as AI demand in focus
Shares of Digital Realty DLR.N falling 0.9% on Thursday, but still near record highs, ahead of quarterly results after the bell, with investors focused on AI-driven data center demandThe data center real estate investment trust is expected to post a 14% rise in quarterly revenue to $1.60 billion and...Reuters
Thu, Apr 23
Electrolux plans about $1 billion share issue, tie-up with Midea in North America to shake up ops
Electrolux to form three North American JVs with MideaElectrolux's North America business has struggled for years Issue to fund JVs and restructuring, measures to result in 2.4 billion Swedish crowns in costsElectrolux reports Q1 sales of 30 billion crowns, down from 32 billion a year agoBy Kanj...Reuters
Thu, Apr 23
Cemex adds $1 billion to market value in stock surge after Q1 beat
Shares in Mexican cement maker Cemex CEMEXCPO.MX climb about 6% after surpassing earnings expectations and maintaining guidance, despite impacts from bad weather in Europe and the U.S. and the war in the Middle EastThursday's gains have so far added 18.5 billion pesos ($1.06 billion) to Cemex&#...Reuters
Thu, Apr 23
Lululemon CEO hire from Nike fails to impress investors, shares sink
Company faces proxy fight, market share losses and activist pressureHeidi O'Neill's Nike tenure leaves analysts, investors cautiousO'Neill to start as CEO in September after months-long searchFounder Chip Wilson continues to push for board overhaulBy Juveria Tabassum, Aishwarya Venugopal...Reuters
Thu, Apr 23
INTC: Past the Darkest Hour, Old Guard Strikes Back
Intel released its Q1 2026 results (through Mar 2026) after the U.S. market close on Apr 24 Beijing time. Key takeaways:1) Core metrics: $Intel(INTC.US) reported revenue of $13.6bn (+7% YoY), well above company guidance ($11.7–12.7bn), driven by stronger server CPU demand and price hikes.GPM was 39....Dolphin Research
Thu, Apr 23
U.S. STOCKS ON THE MOVE- Lululemon, United Rentals, cannabis stocks
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8April 23 (Reuters) - Wall Street's main indexes were flat on Thursday, as investors awaited clear signals on the U.S.-Iran war, while a batch of mixed earnings reignited concerns about A...Reuters
Thu, Apr 23
LIVE MARKETS-Estimated US profit growth edges up even as war concerns do
Main US indexes fall; Nasdaq off most, down >1%Tech weakest S&P 500 sector; Utilities leads gainersDollar up; US crude gains >4%; gold declines; bitcoin off >1%US 10-year Treasury yield rises to ~4.34%Welcome to the home for real-time coverage of markets brought to you by Reuters report...Reuters
Thu, Apr 23
Cannabis shares retreat after initial rally on narrow scope of US rescheduling
By Mrinalika Roy and Christy Santhosh April 23 (Reuters) - Shares of cannabis firms reversed early gains on Thursday as investors took a closer look at the limited scope of the U.S. government's move to reclassify the FDA-approved and state-licensed marijuana as a less-dangerous drug.Cronos G...Reuters
Thu, Apr 23
Blackstone defends private credit as assets swell past $1.3 trillion
By Utkarsh Shetti and Isla Binnie April 23 (Reuters) - Blackstone BX.N executives backed the appeal of private credit even as sentiment around the category falters, after the world's largest alternative investment manager reported strong inflows that pushed its total assets under management p...Reuters
Thu, Apr 23
LIVE MARKETS-Bull approaching four-year mark with more room to run: Paulsen
Main US indexes fall; Nasdaq off most, down >1%Tech weakest S&P 500 S&P 500 sector; Utilities leads gainersDollar up; US crude gains ~4%; gold dips; bitcoin off ~1%US 10-year Treasury yield rises to ~4.34%Welcome to the home for real-time coverage of markets brought to you by Reuters repo...Reuters
Thu, Apr 23
Freeport delays recovery of flagship Indonesian mine; shares down more than 8%
Grasberg restart delayed due to wetter-than-expected oreCompany installing 'spillminators' to prevent mud rushesShares drop 8.4% to $64.40 in afternoon trading on NYSE Company not currently worried about sulfuric acid supply; may worry in 2027 April 23 (Reuters) - Freeport-McMoRan FCX.N, ...Reuters
Thu, Apr 23
White House to announce drug pricing deal with Regeneron
By Sriparna Roy WASHINGTON, April 23 (Reuters) - The White House will announce a drug pricing deal with Regeneron Pharmaceuticals REGN.O at an event on Thursday afternoon, White House press secretary Karoline Leavitt said in a post on X. Regeneron is the last among 17 large pharmaceutical com...Reuters
Thu, Apr 23
Bottler Arca's stock jumps as volumes hold steady despite Mexican health tax
Share jump adds $800 mln to market value in early tradingVolumes, profits hold steady after Mexican tax on sugary drinksArca hopes to leverage World Cup to recover Argentina demandBy Sarah Morland and Aida Pelaez-Fernandez MEXICO CITY, April 23 (Reuters) - Shares in Mexican bottler Arca Conti...Reuters
Thu, Apr 23
Freeport delays Grasberg recovery due to wetter ore; shares fall
Grasberg restart delayed due to wetter-than-expected oreCompany installing 'spillminators' to prevent mud rushesShares drop 8% to $64.69 in NY morning trading Not worried on sulfuric acid supply due to internal production April 23 (Reuters) - Freeport-McMoRan FCX.N, the world's larges...Reuters
Thu, Apr 23
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