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Why Wolfspeed Rocketed 27% Higher (Again) on Monday
Shares of silicon carbide chipmaker Wolfspeed (NYSE: WOLF) rocketed 26.9% on Monday. The move follows on a big up day last Wednesday as well.Wolfspeed doesn't report earnings until May 8, and there wasn't any especially relevant company-specific news today. However, the beginning of earnings season ...The Motley Fool
Mon, Apr 28
NioCorp Developments Ltd expected to post a loss of 11 cents a share - Earnings Preview
NioCorp Developments Ltd NB.OQ NB.O is expected to report resultson April 30 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for NioCorp Developments Ltd is for a loss of 11 cents per share. The current average analyst rating on the shares is "buy" and the br...Reuters
Mon, Apr 28
Chip design software maker Cadence raises annual forecasts on steady AI demand
April 28 (Reuters) - Cadence Design Systems CDNS.O raised its forecasts for annual revenue and profit on Monday, betting on resilient demand for its chip design software from semiconductor makers looking to boost production to capitalize on the AI boom. Elevated demand for speedy and complex artific...Reuters
Mon, Apr 28
GLOBAL MARKETS-Wall St closes mixed, gold rebounds amid trade fog; earnings, data loom
Scant clarity as yet on U.S. trade talks Mega-cap earnings, U.S. jobs and GDP data on tapGlobal recession risk high due to Trump's tariffs, economists sayCanadians vote in election dominated by concerns about TrumpBy Stephen Culp NEW YORK, April 28 (Reuters) - The S&P 500 and the Dow ...Reuters
Mon, Apr 28
Domino’s sees limited tariff impact as it expands delivery and value initiatives
Investing.com -- Domino’s Pizza (NYSE:DPZ) Inc. said Monday that it does not expect tariffs to have a material impact on its operating profit, helping underpin confidence in its domestic unit growth aInvesting.com
Mon, Apr 28
EMERGING MARKETS-Latam assets kick off week higher with focus on central bank verdicts
Latam stocks up 0.6%, FX up 0.3% BRICS group discusses shared response to Trump trade policiesMexico's March unemployment rate at 2.6%Cemex's jump as Dominican asset sale propels profitBy Pranav Kashyap and Nikhil Sharma April 28 (Reuters) - Indexes tracking Latin American assets rose on ...Reuters
Mon, Apr 28
Nvidia Gets Hit by China Threat. Time to Buy the Dip?
Shares of Nvidia (NASDAQ: NVDA) were pulling back today as investors responded to a new threat facing the AI superstar.Just weeks after the company disclosed a write-off of as much as $5.5 billion due to new rules preventing exports of its H20 chips that were specifically designed for China, Nvidia ...The Motley Fool
Mon, Apr 28
LIVE MARKETS-Nasdaq slips a little, S&P ends barely higher
Nasdaq ends down 0.10%, S&P 500 up ~0.06%, Dow up ~0.3%Utilities lead S&P 500 sector gainers; Tech weakest groupDollar slides; crude down ~2%; bitcoin edges up; gold up ~1%U.S. 10-Year Treasury yield falls to ~4.21%Welcome to the home for real-time coverage of markets brought to you by Reute...Reuters
Mon, Apr 28
Genworth Financial Inc expected to post earnings of 21 cents a share - Earnings Preview
Genworth Financial Inc GNW.N, GNW is expected to report resultson April 30 for the period ending March 31 2025LSEG's mean analyst estimate for Genworth Financial Inc is for earnings of 21 cents per share. The current average analyst rating on the shares is "hold" and the breakdown of re...Reuters
Mon, Apr 28
CANADA STOCKS-TSX returns to positive territory for 2025 as Canada votes
TSX ends up 0.4% at 24,798.59Moves above 2024 year-end levelFinancials, energy and tech all add 0.4%Industrials lose 0.5% as railroad shares fallBy Sanchayaita Roy and Fergal Smith April 28 (Reuters) - Canada's main stock index edged higher as Canadians headed to the polls on Monday, with in...Reuters
Mon, Apr 28
Beyond up after smaller-than-expected quarterly loss
** Shares of e-commerce company Beyond BYON.N up 16% at $4.85 after the bell** Company reports Q1 adjusted diluted net loss of 42 cents per share, vs expectations of a loss of 54 cents/shr, according to data compiled by LSEG** With a newly right-sized cost structure, we believe we are within 60 days...Reuters
Mon, Apr 28
US STOCKS-S&P 500 ends near flat with data, megacap earnings eyed
180 S&P 500 components set to report results this weekMegacaps Nvidia and Amazon weigh on S&P, NasdaqS&P still down more than 10% from February recordBy Chuck Mikolajczak NEW YORK, April 28 (Reuters) - The S&P 500 closed a choppy session nearly unchanged on Monday, weighed dow...Reuters
Mon, Apr 28
COLUMN-The great US re-rate has begun: McGeever
By Jamie McGeeverORLANDO, Florida, April 28 (Reuters) - The panic selling of U.S. stocks and bonds following the Trump administration's 'Liberation Day' tariff bombshell may be over, but the re-rating of American assets is just getting started.The question is just how big this reallocati...Reuters
Mon, Apr 28
ADMA Biologics shares hit record high after FDA approves plasma yield process
** Shares of ADMA Biologics ADMA.O hit a record high on Mon after the biopharmaceutical company won FDA approval for its plasma yield enhancement production process** ADMA rose to as high as $25.67, highest level on record, and on track for the highest daily pct gain since Nov last year** ADMA's...Reuters
Mon, Apr 28
Progressive gains after Bank of America reinstates "buy" rating
** Progressive Corp's PGR.N shares rise 1.1% to $267.97 after Bank of America analysts upgraded the property and casualty insurer to "buy" from "neutral"** Earlier this month, BofA downgraded PGR to "neutral" from "buy" and cut its PT to $287 from $300** But BofA ...Reuters
Mon, Apr 28
Why Taiwan Semiconductor Manufacturing Stock Is Sinking Today
Taiwan Semiconductor Manufacturing (NYSE: TSM) stock is declining in Monday's trading following potentially significant news about competitive dynamics in the semiconductor industry. The company's share price was down 1.4% as of 3:30 p.m. ET and had been off as much as 2.8% earlier in the session.TS...The Motley Fool
Mon, Apr 28
Why Plug Power Stock Is Skyrocketing Today
Plug Power (NASDAQ: PLUG) stock is soaring in Monday's trading after the company published preliminary first-quarter results and announced a new funding move. The hydrogen fuel cell specialist's share price was up 28.8% as of 2:45 p.m. ET and had been up as much as 46.9% earlier in the session.Plug ...The Motley Fool
Mon, Apr 28
GLOBAL MARKETS-Wall St turns lower, gold rebounds amid trade fog; earnings, data loom
Scant clarity as yet on US trade talks Mega-cap earnings, US jobs and GDP data on tapGlobal recession risk high due to Trump's tariffs, economists sayCanadians vote in election dominated by concerns about TrumpBy Stephen Culp NEW YORK, April 28 (Reuters) - U.S. stocks turned lower on Mond...Reuters
Mon, Apr 28
Stock Market Sell-Off: 3 "Magnificent Seven" Stocks Down 20% or More to Buy Right Now
Even though the stock market has rebounded since "Liberation Day" three weeks ago, it has not been a fun year for technology investors. Plenty of "Magnificent Seven" stocks are still down over 20% from all-time highs, including Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), and Meta...The Motley Fool
Mon, Apr 28
