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GLOBAL MARKETS-Dollar, US stocks find some stability as trade talks help the mood
Wall Street stocks mixed, UnitedHealth dragsGold pulls back from record highDollar edges higher but under pressure on trade worriesECB cuts rates by 25 basis points as expectedTrump says Fed Chair Powell's termination "can't come soon enough" By Lawrence Delevingne and Amanda Cooper ...
Reuters
Thu, Apr 17
South African rand firms, markets await clarity on tariffs and local politics
JOHANNESBURG, April 17 (Reuters) - South Africa's rand firmed on Thursday, as markets awaited clarity on U.S. tariffs and local investors looked for news on the future of the coalition government due to a lingering budget stand-off.At 1355 GMT, the rand traded at 18.775 against the U.S. dollar Z...
Reuters
Thu, Apr 17
Archer rises after unveiling plans for New York air-taxi network
** Shares of Archer Aviation ACHR.N rise 7% to $7.5 in morning trade** ACHR unveils plans for a proposed air-taxi network in New York City, in partnership with United Airlines UAL.O ** Co plans to link Manhattan with nearby airports using its eVTOL aircraft, Midnight ** 7 of 9 brokerages rate the s...
Reuters
Thu, Apr 17
Intel falls after rival TSMC denies joint ventures with any company
** Intel shares INTC.O down 1.7% at $18.91 after rival TSMC 2330.TW says not in talks with other companies about joint ventures after media reports co could take a stake in a JV with INTC ** FT also reports on Wednesday the American chipmaker will need licenses to export some advanced AI processors ...
Reuters
Thu, Apr 17
Scotiabank upgrades Intuit as it sees AI and tax disruption driving growth
Investing.com -- Scotiabank upgraded Intuit Inc (NASDAQ:INTU). to Sector Outperform with a $700 price target, given the growing momentum in company’s tax and small business segments, as well as ex
Investing.com
Thu, Apr 17
Novo Nordisk shares slump following Eli Lilly's weight-loss pill success
Investing.com -- Novo Nordisk A/S (NYSE:NVO) shares fell as much as 8% in Thursday trading after news emerged about a competitor's successful drug trial.Eli Lilly and Company (NYSE:LLY) announced toda
Investing.com
Thu, Apr 17
Infosys: Growth of 4.2% in CC, operating margin expansion of 0.5% in FY25
- Highest ever Free Cash Flow at $4.1 billion for FY25- FY26 revenue guidance at 0%-3% and operating margin at 20%-22% BENGALURU, India, April 17, 2025 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $19,2...
PR Newswire
Thu, Apr 17
Snack maker Utz Brands falls after CFO change
** Shares of potato-chip maker Utz Brands UTZ.N down 2.4% at $13.24** UTZ names William J. Kelley Jr as Chief Financial Officer, replacing Ajay Kataria, effective May 31** Kelley most recently served as Global CFO at Tropicana Brands Group** Co expects Q1 net sales to increase 1.5% to 1.7% from a ye...
Reuters
Thu, Apr 17
Lockheed Martin names insider Scott as CFO; shares down
** Defense company Lockheed Martin's LMT.N shares down more than 5% at $450 in early trading** LMT announces departure of its CFO Jesus Malave, effective immediately** Co names insider Evan Scott as successor** Co also said it reaffirms prior issued 2025 forecast, exclusive of the evolving impac...
Reuters
Thu, Apr 17
2 Stocks Down by 25% or More This Year to Buy and Hold
Equity markets have had a rough go of it this year due to President Trump's macroeconomic policies. Though it can be challenging to navigate this environment, one way to make the best of it is to look for terrific stocks to invest in while they are down. Doing so could lead to outsized returns for p...
The Motley Fool
Thu, Apr 17
Where Will Amazon Stock Be in 5 Years?
In today's video, I discuss Amazon (NASDAQ: AMZN), its growth strategies across e-commerce, cloud computing, and advertising, its ambitious AI investments, potential risks, and whether the stock remains a buying opportunity for long-term investors despite its already massive $2 trillion market cap.S...
The Motley Fool
Thu, Apr 17
5 Dividend Aristocrats® So Good You'll Never Want to Sell
Want increasing lifetime income? Learn my method to easily screen for stocks, and discover 5 Dividend Aristocrats to get you just that--plus the inspiring story of a retail investor and turned a $180 investment into a $7 million windfall.Stock prices used were the market prices of April 13, 2025. Th...
The Motley Fool
Thu, Apr 17
Archer unveils plans for NYC air-taxi network in partnership with United Airlines
By Shivansh TiwaryApril 17 (Reuters) - Archer Aviation ACHR.N on Thursday unveiled plans for a proposed air-taxi network in New York City, in partnership with United Airlines UAL.O, as it seeks to tap into the airport commute market in Manhattan.Shares of the air-taxi maker were up 7% in morning tra...
Reuters
Thu, Apr 17
Exelon gains on senior leadership appointments
** Shares of utility company Exelon EXC.O rise 1.1% to $46.98** Carim Khouzami, president and CEO of EXC's subsidiary Baltimore Gas and Electric, is set to assume executive vice president position for transmission and development at Exelon** Tamla Olivier, senior vice president and chief operati...
Reuters
Thu, Apr 17
Alcoa falls on forecasting $90 million tariff hit in Q2
** Aluminum producer Alcoa's AA.N shares drop almost 3% to $24.35 in early trading after co forecasts $90 million tariff hit in Q2** Current U.S. duties levied on aluminum imports stand at 25%** Canadian imports cost almost $20 million in Q1, co says** Shares rose in post-market trading on Wedne...
Reuters
Thu, Apr 17
Intel falls after report of curbs on exports to Chinese clients
** Intel shares INTC.O down 1.8% at $18.88 in premarket trading after FT reports the American chipmaker will need license to export some advanced AI processors to Chinese clients** Other chip stocks rise following TSMC's 2330.TW upbeat quarterly earnings after being battered on Wednesday with U....
Reuters
Thu, Apr 17
Baltic index rises on strong rates across vessels
April 17 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose on Friday as demand increased across all vessel segments. * The main index .BADI, which tracks rates for capesize, panamax and supramax shipping vessels, g...
Reuters
Thu, Apr 17
UK's Rentokil tops FTSE 100 after Q1 revenue growth
** Shares of UK's Rentokil Initial RTO.L up 4.1% at 349.5p, top gainer on London's FTSE 100 .FTSE index** Pest control and hygiene services company posts Q1 organic revenue growth of 1.8% to $1.64 bln vs $1.61 bln a year ago** RTO says it is confident in longer-term prospects ** Reports Q1 N...
Reuters
Thu, Apr 17
Is This the Perfect Age to Start Collecting Social Security?
According to a recent Pew Research Center survey, Americans think that, on average, the best age to get married is 26.5, the best age at which to have a child is 27.3, the best age at which to buy a home is 28.8, and the best age at which to retire is 61.8.Regarding retirement, what's the perfect ag...
The Motley Fool
Thu, Apr 17
Lockheed Martin CFO to depart; shares down
** Shares of Lockheed Martin LMT.N down more than 5% at $450 in early trading** LMT announces departure of its CFO Jesus Malave, effective immediately** Co names insider Evan Scott as successor** As of last close, stock was down 1.82% YTD
Reuters
Thu, Apr 17
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