News
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Stanley Black & Decker cuts 2025 profit forecast as tariffs hit margins
By Anandita MehrotraApril 30(Reuters) - Stanley Black & Decker SWK.N cut its annual profit forecast on Wednesday, citing margin pressures and rising costs linked to U.S. President Donald Trump's broad tariffs, sending its shares down 3.4%. Trump's tariffs on metals such as aluminum and s...Reuters
Wed, Apr 30
Tariff-induced volatility caused spike in derivative-related margin calls, data shows
By Laura Matthews April 30 (Reuters) - The value of derivative-related margin calls at hedge funds and other market participants nearly tripled after the Trump administration announced larger-than-expected U.S. tariffs this month, before declining after a 90-day pause, according to OSTTRA, which ...Reuters
Wed, Apr 30
Why Qorvo Stock Popped Today
Qorvo (NASDAQ: QRVO) stock jumped 10.5% through 10:35 a.m. ET Wednesday after beating analyst forecasts this morning.Heading into the company's fiscal Q4 2025 report, analysts forecast Qorvo would earn only $1 per share on sales of $850.5 million. In fact, the company earned $1.42 per share (adjuste...The Motley Fool
Wed, Apr 30
Why Illinois Tool Works Stock Is Under Pressure Today
Illinois Tool Works (NYSE: ITW) managed to top expectations for the quarter, but tariffs and macroeconomic concerns are weighing on the company.Investors are taking a glass-half-empty approach, sending shares of the diversified manufacturer down 4% as of 10:30 a.m. ET on Wednesday.Where to invest $1...The Motley Fool
Wed, Apr 30
US STOCKS-Wall Street tumbles as economy contracts for first time since 2022
Indexes down: Dow 0.54%, S&P 500 0.85%, Nasdaq 1.23%Q1 GDP GDP contracts at 0.3% rateSMCI plunges after Q3 forecast trim Indexes set for monthly declines By Lisa Pauline Mattackal and Purvi Agarwal April 30 (Reuters) - Wall Street's main indexes dropped on Wednesday after data showed the ...Reuters
Wed, Apr 30
Novartis to buy kidney disease drug maker Regulus in up to $1.7 billion deal
By Bhanvi Satija and Mariam Sunny April 30 (Reuters) - Novartis NOVN.S has agreed to buy Regulus Therapeutics RGLS.O for up to $1.7 billion, giving the Swiss drugmaker access to an experimental drug to treat a life-threatening kidney disease.Under the deal terms, Novartis will pay $7 per share in...Reuters
Wed, Apr 30
LIVE MARKETS-Data tsunami: GDP, PCE, ADP, pending home sales, mortgages
US indexes red, but off lows; Nasdaq falls most, down >1%Energy weakest S&P 500 sector; Staples leads gainersEuro STOXX 600 index up ~0.3%Dollar gains; gold slips; bitcoin off ~1%; crude down ~3%US 10-Year Treasury yield edges up to ~4.18%Welcome to the home for real-time coverage of markets ...Reuters
Wed, Apr 30
Citadel Securities flags US regulator about 24-hour trading infrastructure risks
By Carolina Mandl NEW YORK, April 30 (Reuters) - Citadel Securities has sent the U.S. Securities and Exchange Commission a wish list for capital markets regulation, including warnings about the risks of 24-hour trading planned by exchanges.The market maker founded by billionaire investor Ken Grif...Reuters
Wed, Apr 30
GeneDx set for worst day on record despite Q1 results beat
** Genetic testing company GeneDx WGS.O shares slump 41.5% to $68.43 and set for biggest one-day fall on record** Co posts Q1 rev of $87.1 mln, down 8.6% from last quarter's $95.3 mln** Reports net loss of $6.5 mln, or 23 cents per share, in Q1 ** WGS, however, beats analysts' estimates for ...Reuters
Wed, Apr 30
Why XRP (Ripple) Is Dropping Today
Crypto token XRP (CRYPTO: XRP) is falling on Wednesday. The price had fallen 5.3% in the last 24 hours as of 11:20 a.m. ET. The move comes as the S&P 500 lost 1.2% and the Nasdaq Composite lost 1.6%.Crypto investors were disappointed to learn that the Securities and Exchange Commission (SEC) is dela...The Motley Fool
Wed, Apr 30
Barclays cuts Hilton PT on lower forecasted 2025 RevPAR
** Barclays cuts hotel operator Hilton Worldwide HLT.N Price Target to $232 from $233 on lower expected 2025 revenue per available room (RevPAR)** The new target price represents a 2.5% upside to the stock's last close** Shares marginally down 1% at $224** "However, we didn't come away w...Reuters
Wed, Apr 30
Arch trades down despite Q1 earnings beat
By Chris MunroApril 30 - (The Insurer) – Arch Capital Group’s share price was down almost 4% late Wednesday morning as investors reacted to its Q1 2025 earnings.The company’s stock was trading hands at $89.05 as of 11:50 a.m. in New York on Wednesday, down 3.6% from Tuesday’s close.Shortly after the...Reuters
Wed, Apr 30
Norwegian Cruise Line's quarterly results disappoint, warns of weak consumer spending
By Anuja Bharat Mistry April 30 (Reuters) - Norwegian Cruise Line Holdings NCLH.N missed estimates for first-quarter revenue and profit on Wednesday and warned of weak consumer spending on premium voyages due to growing concerns over a possible recession, sending its shares down 9%. The cruise...Reuters
Wed, Apr 30
Roku Stock Could Head Higher on Friday
Like a limited series on a streaming service, it seems as if Roku (NASDAQ: ROKU) can't hold investor attention for long. Shares of the company behind the leading operating system for streaming TV soared to a fresh 52-week high after posting blowout financial results in mid-February. The stock has go...The Motley Fool
Wed, Apr 30
U.S. STOCKS ON THE MOVE-Generac, Regulus Therapeutics, Garmin
Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes dropped on Wednesday after data showed the economy contracted for the first time in three years in the fir...Reuters
Wed, Apr 30
LIVE MARKETS-Gauging the seat grab in index musical chairs
US indexes red, but well off lows; Dow down ~0.5%Energy weakest S&P 500 sector; Healthcare leads gainersEuro STOXX 600 index up ~0.3%Dollar gains; gold slips; bitcoin off ~1%; crude down ~3.5%US 10-Year Treasury yield ~flat at ~4.16%Welcome to the home for real-time coverage of markets brought t...Reuters
Wed, Apr 30
XPO rises after Q1 profit beat
** Shares of logistics firm XPO XPO.N rise 6.7% to $103.94** Co reports Q1 adj. EPS of 73 cents, exceeding analysts' average estimate of 65 cents, according to data compiled by LSEG ** Co posts Q1 revenue of $1.95 billion vs analysts' estimate of $1.98 billion** Including session's moves...Reuters
Wed, Apr 30
GE HealthCare sees about $500 million annual tariff hit, plans local manufacturing
CEO Arduini outlines steps to manage tariff costsAnalysts view GE HealthCare's forecast as conservativeBy Puyaan Singh and Siddhi MahatoleApril 30 (Reuters) - GE HealthCare GEHC.O warned on Wednesday that the tariffs rolled out by U.S. President Donald Trump could impact its full-year profits by...Reuters
Wed, Apr 30
Stifel and J.P. Morgan lower PT on Ecolab post Q1 results
** Brokerages Stifel and J.P. Morgan cut price target on water solutions company Ecolab ECL.N after company posted lower Q1 profit on Tuesday** Stifel lowers PT to $303 from $307; implying a 22.7% upside to stock's last close** Brokerage says company will weather the impact from tariffs due to l...Reuters
Wed, Apr 30
