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Enphase Energy misses quarterly profit estimates, forecasts weak Q2 revenue
April 22 (Reuters) - Solar inverter maker Enphase Energy ENPH.O on Tuesday missed analysts' estimates for first-quarter profit, hit by softening U.S. demand, and forecast second-quarter revenue below market estimates.Shares dropped 12.5% in after market trading.The company's battery shipment...Reuters
Wed, Apr 23
LIVE MARKETS-Morning Bid: Trump's Fed backflip sets off relief rally
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com.MORNING BID TRUMP'S FED BACKFLIP SETS OFF RELIEF RALLY Listening to President Trump on Tuesday, it's as if al...Reuters
Wed, Apr 23
Tesla shares rise 6.5%, Musk says to cut back DOGE work
LONDON, April 23 (Reuters) - Tesla TSLA.F shares rose 6.5% in Frankfurt on Wednesday, after it reported profitability for its core auto business topped rock-bottom expectations in the first quarter, although it missed on other metrics such as revenue and net profit. Traders were also digesting chief...Reuters
Wed, Apr 23
GLOBAL MARKETS-Stocks, dollar rebound as Trump backtracks on Fed attack
Asian stock markets: https://tmsnrt.rs/2zpUAr4Nikkei jumps over 2%, S&P 500 futures extend rallyDollar bounces as Trump says no plans to fire PowellHopes for China tariff relief, but no deal yetBy Wayne Cole SYDNEY, April 23 (Reuters) - Stock markets were enjoying a much-needed relief rally i...Reuters
Wed, Apr 23
Japan's Nikkei tracks Wall Street rebound, jumps to three-week high
TOKYO, April 23 (Reuters) - Japan's Nikkei share average climbed to a three-week high on Wednesday as a strong rebound in Wall Street prompted investors to scoop up local heavyweight technology stocks.The Nikkei .N225 hit a peak of 35,142.12, its highest level since April 2, before ending the mo...
Reuters
Wed, Apr 23
Hong Kong stocks near 3-week high on trade hopes, Trump's Fed assurance
SHANGHAI, April 23 (Reuters) - Hong Kong shares climbed to a near three-week peak on Wednesday, tracking global peers higher, amid optimism over potential de-escalation in Sino-U.S. trade tensions and U.S. President Donald Trump's assurance that he won't fire Federal Reserve chief.** Mainlan...
Reuters
Wed, Apr 23
Tesla rises as investors cheer Musk reducing time with DOGE
Tesla TSLA.O rises 3.3% to $245.71 in extended trading. Billionaire CEO Elon Musk says he will scale back his government role starting in May. Musk expects his time allocation to the cost-cutting Department of Government Efficiency initiative to drop significantly ** There has been significant...
Reuters
Wed, Apr 23
Rockwell Automation Brings ROKLive 2025 to Hanoi Vietnam to Showcase the Future of Industrial Operations
The event explores the role of Artificial Intelligence (AI), automation, digitalization, smart manufacturing, and cybersecurity in Southeast Asia's industrial evolution SINGAPORE and HANOI, Vietnam, April 23, 2025 /PRNewswire/ -- Rockwell Automation, the world's largest company dedicated to industr...PR Newswire
Wed, Apr 23
EMERGING MARKETS-Asia shares climb as Trump dials back Fed rhetoric
U.S. dollar rebounds from multi-year lowTaiwan stocks gain 4.1%BI expected to hold interest ratesBy Rishav Chatterjee April 23 (Reuters) - Emerging Asian stocks rose on Wednesday and currencies eased against a firmer dollar, as investor sentiment improved after reassuring comments from U.S. Presi...Reuters
Wed, Apr 23
EMERGING MARKETS-Asia shares climb as Trump dials back Fed rhetoric
U.S. dollar rebounds from multi-year lowTaiwan stocks gain 4.1%BI expected to hold interest ratesBy Rishav Chatterjee April 23 (Reuters) - Emerging Asian stocks rose on Wednesday and currencies eased against a firmer dollar, as investor sentiment improved after reassuring comments from U.S. Presi...Reuters
Wed, Apr 23
3M at Auto Shanghai 2025: innovations that are shaping the future of mobility
SHANGHAI, April 23, 2025 /PRNewswire/ -- 3M, a diversified technology company, is making its debut at the 21st Shanghai International Automobile Industry Exhibition (Auto Shanghai) April 23-May 2. The company is showcasing its latest innovations and material science solutions for the automotive indu...PR Newswire
Wed, Apr 23
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
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
