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Why Nvidia Stock Is Rising Today
Nvidia (NASDAQ: NVDA) stock is jumping in Wednesday's trading. The artificial intelligence (AI) hardware leader's share price was up 4.6% as of 10:45 a.m. ET. The S&P 500 and the Nasdaq Composite were up 2.8% and 3.5%, respectively, at the same point in the day's trading. Nvidia's valuation is rapid...The Motley Fool
Wed, Apr 23
GLOBAL MARKETS-Stocks, dollar jump, gold falls on hope of end to US-China tariff fight
US stocks up sharply in late morning 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-have...Reuters
Wed, Apr 23
LIVE MARKETS-Fears over a recession overblown, but stocks drop will dent consumer spending
Main US indexes higher, but pare gains; Nasdaq now up ~2.8%Cons disc leads S&P sector gainers; Staples weakest groupSTOXX 600 index up ~1.7%Dollar ~flat; crude, gold both slide >2.5%; bitcoin up >2%U.S. 10-Year Treasury yield falls to ~4.35%Welcome to the home for real-time coverage of mar...Reuters
Wed, Apr 23
Why Tesla Stock Shot Higher After Elon Musk's Comments
Not many people expected an earnings beat from Tesla's (NASDAQ: TSLA) first-quarter report last night. The results were even worse than anticipated in many respects. Yet Tesla stock soared Wednesday morning. As of noon, the stock was trading higher by 6.7%.The source of investor optimism was in the ...The Motley Fool
Wed, Apr 23
Masco falls after it withdraws annual profit forecast
** Shares of home improvement firm Masco MAS.N fall as much as 7.9% to $56.55 in early trade, its lowest since November 2023** Shares down ~1% at noon** Co pulls annual profit forecast due to tariff and macroeconomic uncertainty** Co also misses analysts' estimates for Q1 sales and profit estima...Reuters
Wed, Apr 23
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.The DOJ is looking into whether the deal would unduly conc...Reuters
Wed, Apr 23
FuboTV falls after report on DOJ probe over Disney deal
** Streaming company FuboTV's FUBO.N shares fall 3% to $2.90** U.S. Department of Justice is probing Disney's DIS.N deal to take controlling stake in FuboTV, Bloomberg News reports** DOJ looking into whether the deal would unduly concentrate the market for sports streaming, report says** In ...Reuters
Wed, Apr 23
EMERGING MARKETS-Latam FX touches 11-month high as investors weigh potential China tariff reprieve
MSCI Latam stocks up 2.9%, FX up 0.8%Brazil cenbank sees activity slowdown as sign monetary policy is workingMexico's inflation seen slowing in the first half of April, poll showsBy Pranav Kashyap and Johann M Cherian April 23 (Reuters) - Latin American assets rose on Wednesday, tracking high...Reuters
Wed, Apr 23
Swiss Re: Tariffs present ‘major risk’ to US P&C forecast
By David BullApril 23 - (The Insurer) - Swiss Re has said that tariffs pose a "major risk" to its outlook for the U.S. P&C industry this year despite strong underlying performance, with natural catastrophe and reserve uncertainty creating additional risks.An update from James Finucane an...Reuters
Wed, Apr 23
Tesla Stock Jumps 8% Despite Terrible Results
Tesla (NASDAQ: TSLA) stock has climbed 8% after reporting what can only be described as a terrible first quarter of 2025. The company's sales dropped, and it was profitable only because of regulatory credit sales. Travis Hoium digs into the results in this video.*Stock prices used were end-of-day pr...The Motley Fool
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
NextEra Energy rises on Q1 profit beat
** Utility firm NextEra Energy's NEE.N shares up ~2% to $67.98** Company beats Q1 estimates, helped by rate hikes at its electric utility and increased power demand** NEE's unit Florida Power & Light reports a profit of $1.31 billion compared with $1.17 billion a year earlier ** FPL&#...Reuters
Wed, Apr 23
Healthcare Services Group leaps after Q1 results beat
** Healthcare Services Group's HCSG.O shares up 24.3% to $11.70, after hitting over four-mth high earlier on Weds, as qtrly report pleases** HCSG shares on course for biggest one-day pct gain since 27.2% rise on Feb 14, 2024, which was their second largest advance on record. Stock's best day...Reuters
Wed, Apr 23
US STOCKS-Tariff optimism fuels Wall St gains as Trump eases stance on Powell
Indexes up: Dow 2.76%, S&P 500 3.26%, Nasdaq 4.24%WSJ reports White House considering slashing China tariffsTesla, Boeing gain after quarterly resultsS&P Global's flash US Composite PMI at 51.2 in April By Lisa Pauline Mattackal and Purvi Agarwal April 23 (Reuters) - Wall Street&#...Reuters
Wed, Apr 23
Norfolk Southern shares up after co reaffirms annual forecast
** Norfolk Southern NSC.N shares up 3% to $226 in early trade after co reaffirms annual forecast** NSC Q1 total revenue was $2.99 bln compared with estimate of $2.97 bln, according to data compiled by LSEG** Co posts Q1 adj. EPS of $2.69, in line with estimate** 16 of 28 brokerages rate the stock &#...Reuters
Wed, Apr 23
NextEra beats profit estimates as power company skirts trade risk
NextEra cut tariff exposure to $150 mln, shifts risk to suppliers Company arranged domestic battery supplier last year By Laila Kearney and Arunima Kumar April 23 (Reuters) - NextEra Energy NEE.N beat Wall Street estimates on Wednesday on rising electricity demand as the giant U.S. power provider...Reuters
Wed, Apr 23
