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DOJ probing Disney-FuboTV deal over competition concerns, Bloomberg News reports
April 23 (Reuters) - Officials at the U.S. Department of Justice are probing Disney's DIS.N deal to take a controlling stake in streaming company FuboTV FUBO.N, Bloomberg News reported on Wednesday, citing people familiar with the plans.Reuters
Wed, Apr 23
LIVE MARKETS-"Liberation day" economics: Flash PMI, new home sales, mortgages
Main US indexes jump; Nasdaq out front, up ~3.8%Cons disc biggest sector gainer; cons stp laggardEuro STOXX 600 index up ~1.8%Dollar flat; crude, gold slide >2%; bitcoin up ~1.3%U.S. 10-Year Treasury yield falls to ~4.33%Welcome to the home for real-time coverage of markets brought to you by Reut...Reuters
Wed, Apr 23
Solar stocks get rating cut by Wall Street amid slowing growth and uncertainty
Investing.com -- Wall Street analysts cut ratings on U.S. residential solar companies given a weaker demand, margin risks and growing uncertainty around federal tax incentives.Guggenheim cut Enphase EInvesting.com
Wed, Apr 23
Gold miners fall as bullion prices inch lower
** Shares of gold miners down, tracking fall in bullion prices GOL/** Spot gold XAU= down 1.4% at $3,288.60/ounce, after hitting record high of $3,500.05/ounce in previous session** Gold prices extended their retreat from all-time high as appetite for riskier assets improved after President Donald T...Reuters
Wed, Apr 23
Investors relieved Musk will refocus on Tesla, but worry about brand damage
Musk to reduce DOGE involvement, focus more on TeslaExperts warn Tesla faces long road to brand recoveryTesla's Q1 profit drops 71%, misses estimatesBy Akash Sriram and Abhirup Roy April 23 (Reuters) - Tesla investors breathed a sigh of relief after CEO Elon Musk said he would refocus his att...Reuters
Wed, Apr 23
GE Vernova rises on Q1 revenue beat
** Shares of U.S.-based power equipment maker GE Vernova GEV.N up 5.7% at $343** Company posts Q1 revenue of $8 billion, beating analysts' estimate of $7.54 billion - data compiled by LSEG** Company reaffirms 2025 forecast; tariff impact estimated to be about $300 million to $400 million** Compa...Reuters
Wed, Apr 23
Why Bank of America, JPMorgan Chase, and American Express Stocks All Popped Today
Stock markets got over their case of the Mondays really quick this week, and after regaining all their Monday losses on Tuesday, are roaring even higher as Wednesday gets off the ground.Financial stocks are doing particularly well this morning. As of 10:20 a.m. ET, shares of Bank of America (NYSE: B...The Motley Fool
Wed, Apr 23
QUOTES-Wall Street indexes rally as worries about tariff war, Powell tenure subside
April 23 (Reuters) - The main U.S. stock indexes rallied to one-week highs 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 Washington and Beiji...Reuters
Wed, Apr 23
Panic in the Stock Market? Here’s What I’m Buying (and Avoiding)
The stock market sell-off can be a difficult challenge for many investors. Here's how I am approaching the recent market volatility. (NASDAQ: AAPL) (NASDAQ: NVDA) (NYSE: UBER)Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. C...The Motley Fool
Wed, Apr 23
Thermo Fisher rises after quarterly profit beat
** Shares of medical equipment maker Thermo Fisher TMO.N rise 2.1% to $443.99** TMO posts Q1 adj. profit of $5.15 per share, beating analysts' estimate of $5.10 per share, according to data compiled by LSEG ** Company reports Q1 revenue of $10.36 billion vs estimate of $10.23 billion ** ...Reuters
Wed, Apr 23
Why Tempus AI Stock Is Skyrocketing Today
Shares of Tempus AI (NASDAQ: TEM) were skyrocketing 16.5% higher as of 10:39 a.m. ET on Wednesday. The big gain came after the healthcare artificial intelligence (AI) company announced a multiyear partnership with AstraZeneca and Pathos AI to build a multimodal foundation model for cancer drug disco...The Motley Fool
Wed, Apr 23
CANADA STOCKS-Tech shares boost TSX after Trump says won't fire Fed chair Powell
By Ragini Mathur April 23 (Reuters) - Canada's main stock index rose on Wednesday, with technology shares leading the charge, as investors welcomed U.S. President Donald Trump's assurance that he would not fire Federal Reserve Chairman Jerome Powell.The Toronto Stock Exchange's S&...Reuters
Wed, Apr 23
South African rand weaker after drop in inflation
JOHANNESBURG, April 23 (Reuters) - The South African rand was weaker on Wednesday after data showed local inflation fell to a five-year low in March. At 1416 GMT, the rand traded at 18.6375 against the dollar ZAR=D3, about 0.2% weaker than Tuesday's close.Trade in the rand has been highly v...Reuters
Wed, Apr 23
CME Group Inc reports results for the quarter ended March 31 - Earnings Summary
CME Group Inc CME.OQ reported quarterly adjusted earnings of $2.80 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $2.50. The mean expectation of fifteen analysts for the quarter was for earnings of $2.81 per share. Wall Street ex...Reuters
Wed, Apr 23
Why Airline Stocks Are Flying High Today
Airlines are among the most discretionary sectors out there, tied closely to the health of the consumer. So, perhaps it is no surprise that the stocks are seeing an oversize reaction to reports suggesting key parties are moving to de-escalate the trade war gripping the U.S. economy.Shares of JetBlue...The Motley Fool
Wed, Apr 23
Lennox International Inc reports results for the quarter ended March 31 - Earnings Summary
Lennox International Inc LII.N reported quarterly adjusted earnings of $3.37 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $3.47. The mean expectation of nineteen analysts for the quarter was for earnings of $3.27 per share. Wall...Reuters
Wed, Apr 23
Prosperity Bancshares Inc reports results for the quarter ended March 31 - Earnings Summary
Prosperity Bancshares Inc PB.N reported quarterly adjusted earnings of $1.37 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.18. The mean expectation of fourteen analysts for the quarter was for earnings of $1.36 per share. Wal...Reuters
Wed, Apr 23
Why Old Dominion Stock Rocketed Up at the Start of Trading Today
Old Dominion Freight Line (NASDAQ: ODFL) is feeling the pinch from global trade uncertainty, but the impact isn't as bad as investors had feared. Shares of Old Dominion were trading up 9% as of 10 a.m. ET after the company reported better-than-expected results Wednesday morning. But the stock had gi...The Motley Fool
Wed, Apr 23
US STOCKS-Tariff optimism spurs Wall St rally as Trump softens tone on Powell
Indexes up: Dow 2.66%, S&P 500 3.20%, Nasdaq 4.10%Boeing gains after quarterly resultsS&P Global's flash US Composite PMI at 51.2 in April vs 53.5 in MarchBy Lisa Pauline Mattackal and Purvi Agarwal April 23 (Reuters) - Wall Street's main indexes rallied to one-week highs on W...Reuters
Wed, Apr 23
