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Why Gold Miner Stocks Plunged Today on a Great day for the Markets
Shares of gold mining stocks Barrick Gold (NYSE: GOLD), Newmont Mining (NYSE: NEM), Gold Fields (NYSE: GFI), and AngloGold Ashanti (NYSE: AU) were all down today, falling 4.6%, 2.6%, 6%, and 5.1%, respectively.The declines were all the more notable as the broader market indexes were up strongly on t...The Motley Fool
Wed, Apr 23
Viking Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Viking Therapeutics Inc VKTX.OQ reported a quarterly adjusted loss of 41 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -26 cents. The mean expectation of fifteen analysts for the quarter was for a loss of 32 cents per share...Reuters
Wed, Apr 23
Agree Realty dips after stock sale launch
** Agree Realty ADC.N shares down 1.1% to $76.34 in post-market trading after equity offering commenced** Royal Oak, Michigan-based net lease retail real estate investment trust announces 4.5 mln share offering** Co enters into forward sale agreement with bookrunner BofA** Upon settlement of agreem...Reuters
Wed, Apr 23
CANADA STOCKS-TSX rises to three-week high as technology shares rally
TSX ends up 0.7% at 24,472.68Posts its highest close since April 2Technology rises 3.3%, with Shopify up 6.6%Energy falls 0.7% as oil settles 2.2% lowerBy Ragini Mathur and Fergal Smith April 23 (Reuters) - Canada's main stock index rose on Wednesday to a three-week high, led by gains for tec...Reuters
Wed, Apr 23
ServiceNow posts upbeat quarterly profit on resilient AI-powered software demand
By Jaspreet SinghApril 23 (Reuters) - ServiceNow NOW.N beat Wall Street estimates for first-quarter profit on Wednesday, helped by resilient demand for its artificial intelligence-powered software for managing IT services, sending the company's shares up 7% in extended trading.The company also m...Reuters
Wed, Apr 23
US STOCKS-Wall Street ends higher on hopes of trade war de-escalation
Indexes up: Dow 1.07%, S&P 500 1.67%, Nasdaq 2.50%Bessent calls U.S.-China tariffs unsustainable, Trump open to negotiationsTesla, Boeing gain after quarterly resultsAmericans' view on Trump's handling of the economy sours By Stephen Culp NEW YORK, April 23 (Reuters) - Wall Street...Reuters
Wed, Apr 23
Texas Instruments rises on upbeat quarterly revenue forecast
** Shares of Texas Instruments TXN.O rise 5.5% to $160.5 in extended trading** Company expects Q2 revenue in the range of $4.17 billion to $4.53 billion, vs analysts' average estimate of $4.10 billion, according to data compiled by LSEG.** TI expects earnings between $1.21 per share and $1.47 pe...Reuters
Wed, Apr 23
Why Micron Stock Is Jumping Today
Micron Technology (NASDAQ: MU) stock is moving higher Wednesday with some big help from bullish momentum for the broader market. The company's share price was up 4.6% as of 3:25 p.m. ET amid a gain of 1.6% for the S&P 500 and 2.5% for the Nasdaq Composite.Stocks have continued to move higher today f...The Motley Fool
Wed, Apr 23
UnitedHealth Stock Crash: 3 Better Dow Jones Dividend Stocks to Buy Now
After UnitedHealth Group (NYSE: UNH) delivered a surprisingly weak first-quarter report last Thursday, its stock price crashed more than 22% on Friday -- the insurer's worst single-session drop since August 1998. Prior to that sell-off, UnitedHealth was the largest component in the price-weighted Do...The Motley Fool
Wed, Apr 23
Prominent short seller Andrew Left fails to end US SEC fraud case
SEC alleges Left manipulated stock prices for profitLeft expects to prevail at summary judgment, lawyer saysLeft has pleaded not guilty in related criminal caseBy Jonathan StempelApril 23 (Reuters) - A federal judge rejected Andrew Left's bid to dismiss a U.S. Securities and Exchange Commission ...Reuters
Wed, Apr 23
Why Summit Therapeutics Rocketed Double-Digits Today
Shares of lung cancer biotech Summit Therapeutics (NASDAQ: SMMT) rocketed 14.7% on Wednesday as of 1:45 p.m. ET.The markets were broadly up today on a potential easing of trade tensions with China. That should be a positive for Summit, as its main partner for its current lung cancer drug trials is C...The Motley Fool
Wed, Apr 23
Novavax shares soar after FDA request raises hope for COVID vaccine approval
Novavax aims to convert emergency authorization to full approvalFDA's request boosts Novavax shares by 18%Analysts confident in Novavax's approval despite past hurdlesBy Bhanvi Satija April 23 (Reuters) - Novavax NVAX.O said on Wednesday U.S. regulators asked the company to produce more d...Reuters
Wed, Apr 23
US STOCKS-Wall Street ends higher on hopes of trade war de-escalation
Bessent calls U.S.-China tariffs unsustainable, Trump open to negotiationsTesla, Boeing gain after quarterly resultsAmericans' view on Trump's handling of the economy sours By Stephen Culp NEW YORK, April 23 (Reuters) - Wall Street stocks advanced on Wednesday on revived hopes for pro...Reuters
Wed, Apr 23
PREVIEW: Procter & Gamble shares ease; co due to report results early Thurs
** Procter & Gamble PG.N shares down nearly 2% late afternoon on Wed, easing along with other consumer staples stocks, with PG set to report quarterly results before the opening bell on Thurs** PG and other staples stocks were also bucking the broader trend in the market, with the S&P 500 .S...Reuters
Wed, Apr 23
QUOTES-Wall Street rallies as worries about tariff war, Powell tenure subside
April 23 (Reuters) - The benchmark S&P 500 US stock Index rallied to a two-week high on Wednesday on hopes for a de-escalation in the U.S.-China trade war and as President Donald Trump scaled back his threats to fire Federal Reserve Chair Jerome Powell.The prospect of negotiations between Washin...Reuters
Wed, Apr 23
GLOBAL MARKETS-Stocks, dollar climb, gold falls as US says China tariffs not sustainable
US stocks up sharply in afternoon trading amid tariff optimismTrump softens tone on Fed Chair Powell Dollar bounces against euro, other currenciesBy Caroline Valetkevitch NEW YORK, April 23 (Reuters) - Major stock indexes rallied, the dollar gained against the euro and other currencies while safe...Reuters
Wed, Apr 23
JBS shares leap after US listing plan advances
** Shares in Brazilian meatpacker JBS JBSS3.SA jump more than 6% on Wednesday after the company called a shareholders' meeting for May 23 to vote on its plan to list shares on the New York Stock Exchange (NYSE) ** The meeting comes after JBS got the green light from the U.S. Securities an...Reuters
Wed, Apr 23
Why Super Micro Computer Stock Is Soaring Today
Super Micro Computer (NASDAQ: SMCI) stock is rocketing higher Wednesday in response to multiple positive catalysts. The company's share price was up 10.2% as of 2:45 p.m. ET. At the same point in the session, the S&P 500 had risen 1.8%, and the Nasdaq Composite was up 2.9%.Supermicro's valuation is ...The Motley Fool
Wed, Apr 23
Why Enphase Plunged On A Day When the Markets Surged
Shares of solar inverter leader Enphase Energy (NASDAQ: ENPH) plunged on Tuesday, down 14.2% as of 12:11 PM EDT, which was all the more notable as the Nasdaq Composite was up by a big 2.6% at that time.Enphase not only missed analyst estimates for the quarter, but also guided below estimates for the...The Motley Fool
Wed, Apr 23
Why Pony AI Stock Skyrocketed on Wednesday
Shares of Pony AI (NASDAQ: PONY) charged sharply higher on Wednesday, surging as much as 36.8%. As of 11:53 a.m. ET, the stock was still up 26%. The catalyst that propelled the Chinese autonomous mobility specialist higher was news of the company's next-generation robotaxi platform and ambitious pla...The Motley Fool
Wed, Apr 23
