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GE Aerospace affirms outlook; CEO met with Trump to discuss tariffs
CEO Culp advocates for tariff-free regime with Trump administrationCompany expects tariffs to persist, impacting spare parts sales to ChinaGE aims to mitigate tariff costs through trade programs, surchargeBy Rajesh Kumar Singh, Shivansh Tiwary April 22 (Reuters) - GE Aerospace GE.N said on Tuesda...
Reuters
Tue, Apr 22
Bitcoin Jumps 5%, and Crypto Mining Stocks Soared Today
The price of Bitcoin (CRYPTO: BTC) recovered on Tuesday as investors swung back to a risk-on trade. Markets have feared growing trade tensions between the U.S. and China, and that pushed stocks lower on Monday. Investors looking for a "safe" alternative have pushed gold and Bitcoin higher, with the ...
The Motley Fool
Tue, Apr 22
Why Kimberly-Clark Stock Was Swooning on Tuesday
An unwelcome change in guidance was the development pushing down Kimberly-Clark's (NYSE: KMB) share price on Tuesday.The sturdy consumer goods company released quarterly results that weren't awful, but the market was concerned about that adjustment. In mid-afternoon trading, Kimberly-Clark's stock w...
The Motley Fool
Tue, Apr 22
Why Tesla Shares Are Rising Ahead of the Company's Earnings Report and Elon Musk's Critical Earnings Call
Shares of the electric-vehicle (EV) company Tesla (NASDAQ: TSLA) traded nearly 5% higher, as of 2:26 p.m. ET today. The company will report its first-quarter earnings results after the market closes, followed by a conference call that will likely feature CEO Elon Musk.All eyes on MuskTesla already d...
The Motley Fool
Tue, Apr 22
US STOCKS-Wall Street bounces back as earnings take focus over tariff chaos
Indexes up: Dow 2.15%, S&P 500 2.01%, Nasdaq 2.26%3M jumps after results Northrop Grumman, RTX tumble IMF cuts US growth forecastBy Stephen Culp April 22 (Reuters) - U.S. stocks rebounded on Tuesday as a spate of quarterly earnings reports helped investors look past President Donald Trump'...
Reuters
Tue, Apr 22
Community West Bancshares reports results for the quarter ended March 31 - Earnings Summary
Community West Bancshares CWBC.OQ reported quarterly adjusted earnings of 44 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 31 cents. The mean expectation of five analysts for the quarter was for earnings of 46 cents per sh...
Reuters
Tue, Apr 22
Brazil's StoneCo rise after Citi upgrades to 'buy'
** Brazilian payments firm StoneCo's STNE.O shares rise 7% to $12.90** Citi Research upgrades STNE to "buy" from "neutral"; raises PT to $15 from $9, a 24.4% upside to stock's last close** STNE is Citi's 'top pick' in the Brazilian payments sector** Brokerage say...
Reuters
Tue, Apr 22
Cathay General Bancorp jumps after Q1 profit beats estimates
** Regional lender Cathay General Bancorp's CATY.O shares jump 7.4% to $41.45** CATY late Monday reported Q1 profit above Wall Street expectations for the second straight quarter** Bank's profit has twice missed Street expectations in the last four quarters, per LSEG** Piper Sandler says Q1 ...
Reuters
Tue, Apr 22
BofA upgrades Public Storage, Extra Space as it sees storage REITS defensive
Investing.com -- Bank of America upgraded Public Storage (NYSE:PSA) to Buy from Neutral and Extra Space Storage (NYSE:EXR) to Neutral from Underperform, citing a more positive outlook for the self
Investing.com
Tue, Apr 22
GLOBAL MARKETS-Stocks jump, dollar inches up; investors assess Trump comments on Fed chief
US stocks sharply higher by afternoon with earnings in focusDollar index edges higher after falling on MondayGold eases after hitting all-time high above $3,500By Caroline Valetkevitch NEW YORK, April 22 (Reuters) - U.S. stocks climbed more than 2% on Tuesday after the previous day's selloff,...
Reuters
Tue, Apr 22
Why GE Aerospace Stock Is Flying Higher Today
GE Aerospace (NYSE: GE) topped Wall Street's expectations for the first quarter Tuesday morning, delivering 11% year-over-year revenue growth. Investors cheered the results, sending shares up by about 5% as of 1:30 p.m. ET.Increasing profits in a tough environmentGE Aerospace manufactures jet engine...
The Motley Fool
Tue, Apr 22
Why Shares of Amazon, Walmart, and Home Depot Are Rebounding Today
The stocks of big-box retailers and large e-commerce companies rebounded today, as news reports hinted at progress on negotiations between the Trump administration and trade partners. U.S. Treasury Secretary Scott Bessent also reportedly expressed more positive sentiment regarding the United States'...
The Motley Fool
Tue, Apr 22
BCB Bancorp falls after posting surprise first-quarter loss
** Community lender BCB Bancorp's BCBP.O shares fall 5.2% to $8.91** BCBP posts Q1 loss of 51 cents/shr vs Wall Street expectations of profit of 22 cents/shr** Q1 loss was driven by a $13.7 million reserve tied to a $34.2 million loan in the cannabis sector - CEO Michael Shriner** "Although ...
Reuters
Tue, Apr 22
US bank Investar jumps after Piper Sandler upgrades to 'overweight'
** U.S. bank Investar Holding's ISTR.O shares jump as much as 12.3%; last up 10% at $18.69** Piper Sandler upgrades ISTR to "overweight" from "neutral"; raises PT to $22 from $21, a 30% upside to stock's last close** Brokerage says ISTR earlier this week delivered strong Q1 r...
Reuters
Tue, Apr 22
Carvana up after Piper Sandler raises PT
** Online used-car retailer Carvana's CVNA.N shares rise 9.2% to $213.8** Piper Sandler raises PT on CVNA to $230 from $225** Says as long as automotive credit keeps flowing, CVNA will continue growing unit sales, even if higher prices prompt lower market-wide transactions ** Used vehicle sales ...
Reuters
Tue, Apr 22
BREAKINGVIEWS-Crafty CEOs peek around tariff corners
By Sebastian Pellejero NEW YORK, April 22 (Reuters Breakingviews) - There are many reasons to dump U.S. stocks, but even in bad markets there are good opportunities. In these trade-ravaged times, some companies have positioned themselves, relatively speaking, to ride out the turmoil, for a while...
Reuters
Tue, Apr 22
Why Palantir Stock Is Surging Today
After sell-offs yesterday, Palantir (NASDAQ: PLTR) stock is rising in Tuesday's trading. The software specialist's share price was up 3.6% as of 10:15 a.m. ET amid the backdrop of a 1.9% gain for the S&P 500 and a 2.1% gain for the Nasdaq Composite. The stock had been up as much as 6.1% earlier in t...
The Motley Fool
Tue, Apr 22
Here's How RTX Shocked the Market Today (Hint: It's Tariff Related)
Comments about tariff impacts helped send the stock of aerospace and defense company RTX (NYSE: RTX) down today. It was down 10.5% at 1:30 p.m. ET as broader markets rallied. RTX's first-quarter earnings and guidanceThere was nothing wrong with RTX's first-quarter earnings report released today, and...
The Motley Fool
Tue, Apr 22
Why Halliburton Stock Is Down Today
Oil services company Halliburton (NYSE: HAL) delivered a first-quarter report that met analysts' expectations, but also warned of troubles ahead. Investors were disappointed, sending Halliburton shares down by as much as 10% at the open and down by 6% as of 1:28 p.m. ET, even as the broader market r...
The Motley Fool
Tue, Apr 22
Bernstein downgrades eBay on tariff concerns and softening e-commerce environment
** Brokerage Bernstein downgrades e-commerce firm eBay EBAY.O to "market perform" from "outperform," trims PT to $65 from $70 ** PT implies a 3.3% downside to the stock's last close ** The operating environment for e-commerce has changed, with softer data and tariffs exacerbating...
Reuters
Tue, Apr 22
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