News
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Bessent says Trump tariff threat may light a fire under EU in trade talks
Trump's 50% tariff threat aims to pressure EU in trade negotiationsBessent criticizes EU's trade offers compared to other partnersTrump considers 25% tariff on iPhones to boost US manufacturingBy David Lawder BANFF, Alberta, May 23 (Reuters) - Treasury Secretary Scott Bessent said on Frid...Reuters
Fri, May 23
EMERGING MARKETS-Latam stocks drop as Trump unleashes fresh tariff threats
Latam FX down 0.3%, stocks off 0.8%Trump talks of hitting EU with 50% tariff, targets AppleMexico posts $83 mln s/a trade surplus in AprilBy Nikhil Sharma and Pranav Kashyap May 23 (Reuters) - Latin American equities fell on Friday, as U.S. President Donald Trump's latest unexpected trade bom...Reuters
Fri, May 23
INSTANT VIEW-Markets fall as Trump recommends 50% tariff on EU, targets Apple
LONDON/NEW YORK, May 23 (Reuters) - U.S. President Donald Trump cranked up his trade threats on Friday, targeting both smartphone giant Apple AAPL.O along with imports from the entire European Union, roiling global markets.Trump threatened to impose a 25% tariff on Apple for any iPhones sold, but no...Reuters
Fri, May 23
Why Deckers Stock Tumbled Today
Shares of Deckers (NYSE: DECK) were taking a dive today after the footwear maker beat fiscal fourth-quarter earnings estimates but offered disappointing guidance for the current quarter. Sales of the Hoka brand also decelerated faster than expected.As of 9:59 a.m. ET, the stock was down 22.2% on the...The Motley Fool
Fri, May 23
GLOBAL MARKETS-Dollar, stocks fall as Trump targets Europe and Apple in tariff threats
Trump labels the EU 'difficult to deal with' Dollar down, heads for first weekly loss Gold, yen and government bonds gain on haven demand Apple shares knocked by direct new tariff threat By Caroline Valetkevitch and Naomi Rovnick NEW YORK/LONDON May 23 (Reuters) - Major stock indexes and...Reuters
Fri, May 23
LIVE MARKETS-Glitch or trend? New home sales jump unexpectedly in April
Main US stock indexes down, but off lows; Nasdaq off ~1%All 11 S&P sectors red: Tech, Cons Disc weakest groupsEuro STOXX 600 index falls ~1%Dollar down ~0.6%; bitcoin off ~1%; crude up ~1%; gold up >1.5% US 10-Year Treasury yield dips to ~4.52%Welcome to the home for real-time coverage of mar...Reuters
Fri, May 23
QUOTES-Reaction to Trump's threat of 50% tariffs on EU goods
LONDON, May 23 (Reuters) - U.S. President Donald Trump threatened once again on Friday to ramp up his trade war, recommending a 50% tariff on European Union goods starting June 1 and warning Apple AAPL.O he may impose a 25% tariff on any iPhones manufactured outside the U.S. Here is some reaction...Reuters
Fri, May 23
BREAKINGVIEWS-Soaring beef costs invite appetizing fowl play
By Sebastian Pellejero NEW YORK, May 23 (Reuters Breakingviews) - U.S. beef is getting seared. Cattle herds shrank to the smallest they have been since the Truman administration, pushing prices higher ahead of Memorial Day barbeques and the summer grilling season. Burger and steak restaurants ar...Reuters
Fri, May 23
Global equity funds post their biggest weekly outflow in six weeks
May 23 (Reuters) - Global equity funds have seen weekly outflows for the first time in six weeks, pressured by rising U.S. Treasury yields and mounting concerns over the U.S. debt burden and tax-cut legislation, following Moody’s downgrade of the U.S. sovereign credit rating. According to LSEG Lippe...Reuters
Fri, May 23
Workday falls after Q2 subscription revenue forecast disappoints
** Shares of human resources software provider Workday WDAY.O fall 11.6% to $240.53** WDAY late on Thursday forecast Q2 subscription revenue of $2.16 billion, in line with analysts' estimate, according to data compiled by LSEG ** "What drove down the stock, we believe, was that investors wer...Reuters
Fri, May 23
Billionaire Investor Bill Ackman Just Bought a New Stock and It's My No. 1 Position
In this video, I will talk about billionaire investor Bill Ackman's new position in the Pershing Square Capital Management portfolio. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of May 22, 2025. The vi...The Motley Fool
Fri, May 23
European automakers pare some losses after falling on Trump's 50% tariff proposal
** Shares of European automakers pare some losses, following a sharp drop of over 5% for most, after U.S. President Donald Trump said he is recommending a straight 50% tariff on goods from the EU starting on June 1** By 1425 GMT, shares of Italy's Ferrari RACE.MI are down 3.8%, Stellantis STLAM....Reuters
Fri, May 23
INSTANT VIEW-Markets fall as Trump recommends 50% tariff on EU, targets Apple
LONDON/NEW YORK, May 23 (Reuters) - U.S. President Donald Trump cranked up his trade threats on Friday, targeting both smartphone giant Apple AAPL.O along with imports from the entire European Union, roiling global markets. Trump threatened to impose a 25% tariff on Apple for any iPhone...Reuters
Fri, May 23
Ross Stores plunges after pulling annual forecasts on tariff hit
** Shares of discount store operator Ross Stores ROST.O slump as much as 14.4% to $130.40 in early trading** Co withdrew its annual forecasts on Thursday after markets closed, warning of a hit from tariffs to its profitability this year** Stock set for its worst day since May 2022** Co expects Q2 EP...Reuters
Fri, May 23
Intuit gains on strong earnings forecasts
** Shares of TurboTax-maker Intuit INTU.O rise 8.5% to $722.79 in morning trading** At least 17 brokerages raise PT on INTU after co raises FY25 forecast and projects strong Q4 revenue, profit** Average rating of 32 brokerages covering INTU is "buy" and median PT now at $785 vs $720 last mon...Reuters
Fri, May 23
Cathie Wood Goes Bargain Hunting: 2 Stocks She Just Bought
Some investors may be checking out heading into the holiday weekend, but that's not Cathie Wood's style. The founder and CEO of Ark Invest and stock picker for its growth-geared exchange-traded funds always keeps busy. She announces her trades at the end of every market day. And she bought a couple ...The Motley Fool
Fri, May 23
US STOCKS-Wall St slumps about 1% after Trump threatens EU, Apple with fresh tariffs
Indexes down: Dow 0.94%, S&P 500 1.18%, Nasdaq 1.53%Trump announces 25% tariffs on iPhones not made in USWall Street's 'fear gauge' spikes to over two-week highIntuit at all-time high after upbeat quarterly forecastsBy Shashwat Chauhan and Kanchana Chakravarty May 23 (Reuters) - ...Reuters
Fri, May 23
