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MORNING BID EUROPE-Trump's Fed backflip sets off relief rally
A look at the day ahead in European and global markets from Kevin BucklandListening to President Trump on Tuesday, it's as if all the vitriol towards Fed boss Jay Powell - the threats, the name calling - was some crazy misunderstanding. Trump now says he had "no intention of firing him" ...
Reuters
Wed, Apr 23
INDIA STOCKS-Indian shares open higher on hopes of easing US-China trade woes
April 23 (Reuters) - India's benchmark indexes opened higher on Wednesday on hopes of easing trade tensions after U.S. President Donald Trump said tariffs on Chinese imports would fall significantly following a deal, but not to zero. The Nifty 50 .NSEI rose 0.79% to 24,357.6 and BSE Sensex .B...
Reuters
Wed, Apr 23
Woodside weighs Trump tariff impact on $1.2 billion Louisiana LNG project
Woodside says it is assessing impacts of trade measures on Louisiana LNGHalf of project's equipment and materials expected to be importedWoodside is 'progressing at pace' towards final go-ahead, CEO saysBy Christine Chen and Roshan Thomas SYDNEY, April 23 (Reuters) - Woodside Energy W...
Reuters
Wed, Apr 23
Australia's Paladin Energy leads ASX on production boost; peers track gains
** Shares of uranium miner Paladin Energy PDN.AX jump 27.3% to A$5.065, their biggest intraday percentage gain since February ** Co says its March-quarter uranium production jumps 17% QoQ to 0.745 million pounds (mlb) of U3O8, beating Citi estimates by 20%** Stock is biggest percentage gainer in th...
Reuters
Wed, Apr 23
Intel to cut over 20% of workforce, Bloomberg News reports
April 22 (Reuters) - Intel INTC.O is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations and reduce bureaucratic inefficiencies, Bloomberg News reported on Tuesday, citing a person familiar with the matter.The layoffs are part of a broader strate
Intel Corp
Reuters
Wed, Apr 23
Why Intel Stock Surged Today
After sell-offs yesterday, Intel (NASDAQ: INTC) stock rallied in Tuesday's trading. The semiconductor company's share price gained 2.8% amid a 2.5% gain for the S&P 500 and a 2.7% gain for the Nasdaq Composite. The stock had been up as much as 4.8% before giving up some of its gains.Bloomberg report...
The Motley Fool
Wed, Apr 23
Why Newsmax Stock Soared Today
Newsmax (NYSE: NMAX) stock closed out Tuesday's trading with big gains. The company's share price was up 9.3% at the end of the day and had been up as much as 13.4% earlier in the session.Newsmax's gains came amid a 2.5% rally for the S&P 500 and a 2.7% jump for the Nasdaq Composite. In addition to ...
The Motley Fool
Wed, Apr 23
3 Magnificent S&P 500 Dividend Stocks Down 15% to Buy and Hold Forever
The S&P 500 has slumped in recent months. The index has fallen more than 15% from its recent peak, driven down by concerns that tariffs might cause a recession. Many stocks have fallen even further than the index, including ExxonMobil (NYSE: XOM), Federal Realty Investment Trust (NYSE: FRT), and Pep...
The Motley Fool
Wed, Apr 23
Australian tech stocks hit one-week high tracking Wall Street gains
** Australian technology stocks .AXIJ rise as much as 3.5%, a peak since April 16** Sub-index tracks Wall Street peers, as U.S. stocks rebounded on upbeat quarterly earnings results and hints at the de-escalation of U.S.-China trade tensions .N** Australian-listed shares of Block XYZ.AX were up 7.5%...
Reuters
Wed, Apr 23
Why Alphabet Stock Cranked Higher Today
Although Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) is currently undergoing a tough antitrust case, investors pushed the prices of its two share classes higher on the second trading day of the week. Many were cheered by the prospect of a top name in artificial intelligence (AI) potentially buying one of...
The Motley Fool
Wed, Apr 23
Is Brookfield Asset Management Stock a Millionaire-Maker?
Brookfield Asset Management (NYSE: BAM) is an interesting dividend stock that many individual investors may not be familiar with. It has generated total returns of 64% since its creation in late 2022, as a spin-off from Brookfield Corporation, one of the world's largest alternative investment compan...
The Motley Fool
Wed, Apr 23
Australia's Imricor rises as Q1 revenue sees near fourfold jump
** Shares of Imricor IMR.AX rise 5.71% to A$1.48, their biggest intraday pct gain since April 11** The medical device developer says its consumables revenue in Q1 up 385% Y-O-Y at $104,000 ** Stock hits its highest level since April 16 ** Stock up 8.82% this year, including the day's move
Reuters
Wed, Apr 23
Tariff Turmoil: 1 Unstoppable Stock to Buy With $1,000 During the Nasdaq Bear Market
The Nasdaq-100 index was recently down by as much as 23% from its all-time high, placing it in bear market territory. Global trade tensions, which were sparked by a series of tariffs President Donald Trump enacted on imported goods from the United States' major trading partners, have rattled the mar...
The Motley Fool
Wed, Apr 23
Nvidia Stock Falls on Export Control Warning. Why This Could Be a Great Buying Opportunity.
Shares of Nvidia (NASDAQ: NVDA) tumbled after the company revealed that it will incur a $5.5 billion charge in the first quarter related to its H2O graphics processing units (GPUs) due to new export restrictions on the sale of its chips to countries like China. Nvidia's stock has had a tough start t...
The Motley Fool
Wed, Apr 23
Kinder Morgan Remains Bullish on Natural Gas Demand. Is It Time to Buy the Stock?
Kinder Morgan (NYSE: KMI) started the year showing only modest growth in its first quarter, although that was largely attributable to a turnaround at its condensate processing facility, which is required only once every 10 years. Nonetheless, with this maintenance work comes lost profits from the pl...
The Motley Fool
Wed, Apr 23
34.4% of Warren Buffett's $265 Billion Portfolio Is Invested in 4 Artificial Intelligence (AI) Stocks
Warren Buffett has served as the CEO of the Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) holding company since 1965. Had you invested $1,000 in Berkshire stock when he took the helm, it would have been worth a whopping $44.7 million at the end of 2024. The same investment in the S&P 500 (SNPINDEX: ...
The Motley Fool
Wed, Apr 23
Australia's Paladin Energy leads ASX 200 on quarterly production boost
** Shares of uranium miner Paladin Energy PDN.AX rise as much as 20.1% to A$4.77, their biggest intraday percentage gain since mid-October 2021** Co says its March-quarter uranium production jumps 17% QoQ to 0.745 million pounds (mlb) of U3O8, beating Citi estimates by 20%** Stock is biggest percen...
Reuters
Wed, Apr 23
Time to Rethink Occidental Petroleum; Here Are 2 High-Yield Energy Alternatives
Occidental Petroleum (NYSE: OXY) has a big-name shareholder in the form of Warren Buffett's Berkshire Hathaway. That has put the company onto the radar of investors that follow the so-called Oracle of Omaha's every move (which includes most of Wall Street). But just because Buffett owns Oxy, as it i...
The Motley Fool
Wed, Apr 23
Should You Forget Nvidia and Buy These 2 Millionaire-Maker Stocks Instead?
Nvidia has turned out to be one of the hottest stocks on the market in the past decade, as the company has delivered phenomenal gains of more than 19,700% during this period and bested the S&P 500 index's gains of 156% by a massive margin.What this means is that an investment of $5,100 made in Nvidi...
The Motley Fool
Wed, Apr 23
Musk, facing criticism and falling Tesla sales, to cut back DOGE work
Musk to reduce time on government work, increase time on Tesla Tesla faces uncertainty from tariffs and shifting global trade policiesTesla's auto revenue drops 20%, net profit falls 71% in Q1 Production ramp of affordable cars to be slower than expected - execBy Akash Sriram, Abhirup Roy, Ch...
Reuters
Wed, Apr 23
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