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Why Lucid Motors Stock Sank Today
Luxury electric vehicle (EV) maker Lucid Group (NASDAQ: LCID) launched its fully electric Gravity SUV to the public last year and began accepting registrations from interested customers. It officially introduced the initial 2026 Grand Touring edition yesterday.A company executive also announced that...
The Motley Fool
Wed, Apr 16
1 Emerging Risk to Solana That Could Be Devastating for Holders
Solana (CRYPTO: SOL) holders are no stranger to risk, given the coin's wild volatility and its occasional use by unsavory characters. With such a risky profile to begin with, investors need to be on the lookout for new threats emerging that might make its balance of risk to reward somewhat less favo...
The Motley Fool
Wed, Apr 16
US STOCKS-Wall Street ends sharply lower; Nvidia drops, Powell says growth appears to be slowing
Powell says economy slowing in Q1, can wait for greater clarity Chip stocks down sharply; investors weigh tariff outlookBy Caroline Valetkevitch NEW YORK, April 16 (Reuters) - U.S. stocks ended sharply lower on Wednesday as Nvidia warned about steep charges from new U.S. curbs on its chip exports...
Reuters
Wed, Apr 16
Why Tech Stocks Crashed on Wednesday
The tech market took it on the chin on Wednesday as the trade war picked up steam and the Federal Reserve sounds like it's not going to bail out the market.Big tech in both the U.S. and China were hit hard today. Broadcom (NASDAQ: AVGO) fell as much as 6.7%, Alibaba Group (NYSE: BABA) dropped 5.6%, ...
The Motley Fool
Wed, Apr 16
Moncler beats Q1 revenue expectations on strong Asia sales, DTC push
Investing.com -- Italian luxury outerwear maker Moncler reported a stronger-than-expected rise in first-quarter revenue on Wednesday, driven by robust DTC sales and resilient demand from Asia.The comp
Investing.com
Wed, Apr 16
Why Heineken Rallied on a Bad Day for the Markets
Shares of beermaker Heineken (OTC: HEINY) had rallied 5.1% on Wednesday as of 3:20 p.m. ET, which was all the more notable since the S&P 500 index was down 3.1% at the same time.Heineken posted first-quarter results Wednesday morning that came in better than expected, and also reiterated its prior f...
The Motley Fool
Wed, Apr 16
Why NovoCure Stock Was Withering on Wednesday
Cancer-focused biotech NovoCure (NASDAQ: NVCR) was the focus of a stock price target cut on Wednesday, and investors weren't particularly happy about it.They expressed their displeasure by selling out of their positions, to the point where the company's stock was down by nearly 5% in mid-afternoon t...
The Motley Fool
Wed, Apr 16
Nvidia Is Plummeting Today -- Is the Stock a Buy Right Now?
Nvidia (NASDAQ: NVDA) stock is falling fast amid multiple bearish catalysts in Wednesday's trading. The company's share price was down 9.7% as of 3:15 p.m. ET amid a 3% pullback for the S&P 500 and a 4% decline for the Nasdaq Composite.Nvidia's valuation is heading lower today amid multiple bearish ...
The Motley Fool
Wed, Apr 16
Spruce Biosciences Inc reports results for the quarter ended December 31 - Earnings Summary
Spruce Biosciences Inc SPRB.OQ reported a quarterly adjusted loss of 57 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -24 cents. The mean expectation of five analysts for the quarter was for a loss of 21 cents per share....
Reuters
Wed, Apr 16
PREVIEW: UnitedHealth seen posting rise in qtrly rev; results due before the bell Thurs
** Shares of UnitedHealth Group UNH.N are up about 0.5% in afternoon trading Wed, with the health insurer seen posting a rise in Q1 rev and EPS when it reports results before the bell Thurs** At the same time, the broader market was down sharply in following declines in chipmakers and comments by Fe...
Reuters
Wed, Apr 16
Fed's Powell says markets orderly, downplays intervention risk
By Michael S. DerbyApril 16 (Reuters) - Federal Reserve Chair Jerome Powell suggested on Wednesday that hopes the central bank will step in to tamp down on market volatility are likely misplaced. Asked if the Fed would intervene to counter sharp declines in the stock market, Powell said "I'm...
Reuters
Wed, Apr 16
Nvidia Stock Crashed on Bad News From Washington. Should Investors Buy the Dip?
Nvidia (NASDAQ: NVDA) shares fell more than 7% on Wednesday morning, after the company disclosed new export restrictions on its artificial intelligence (AI) chips. Specifically, the company must now obtain licenses from the U.S. government to sell its H20 processors in China.However, Nvidia doesn't ...
The Motley Fool
Wed, Apr 16
US STOCKS-Wall Street extends drop as Powell says growth appears to be slowing
Powell says economy slowing in Q1, can wait for greater clarity Chip stocks down sharply as investors weigh tariff outlookIndexes: Dow down 1.6%; S&P 500 down 2.4%; Nasdaq down 3.4% By Caroline Valetkevitch NEW YORK, April 16 (Reuters) - The three major U.S. stock indexes extended declines in...
Reuters
Wed, Apr 16
Why Shares in Uranium Energy Surged Again Today
Shares in Uranium Energy (NYSEMKT: UEC) rose by as much as 11.3% in morning trading as investors digested the latest news in the ongoing tariff escalation. As of 2:10 p.m. ET, the stock was still up 6%.President Trump ordered a probe into potentially imposing tariffs on critical mineral imports, inc...
The Motley Fool
Wed, Apr 16
PREVIEW: American Express EPS, revenue seen rising in Q1
** American Express AXP.N shares down 2.3% to $251.82 ahead of Q1 results due before the opening bell on Thursday** The global payments company is expected to report EPS of $3.47 on revenue of $16.94 bln, per LSEG data, vs yr-ago results of $3.33 in EPS on revenue of $15.80 bln ** AXP has met or bea...
Reuters
Wed, Apr 16
U.S. STOCKS ON THE MOVE-Grocery Outlet, Abbott, General Dynamics
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes slid on Wednesday, with chipmakers leading declines as Nvidia warned of steep charges from new U.S. curbs on its chip exports to China, making it one of the bi...
Reuters
Wed, Apr 16
GLOBAL MARKETS-Tech stocks slide on US-China trade fight, gold hits record
Nvidia, tech shares hit as US curbs chip sales to ChinaGold climbs 3%, dollar slides and safe-havens jumpFed's Powell: Economy slowing in Q1, can wait for greater clarityTreasury yields dipBy Lawrence Delevingne and Harry Robertson BOSTON/LONDON, April 16 (Reuters) - Global shares fell on Wed...
Reuters
Wed, Apr 16
United Airlines banks on premium, international travel to ease trade war gloom
By Shivansh Tiwary April 16 (Reuters) - United Airlines UAL.O said on Wednesday it expects its financial performance to remain resilient despite economic uncertainty stemming from new tariffs, citing demand for high-margin premium offerings and international travel.Shares of the carrier rose as m...
Reuters
Wed, Apr 16
Citizens Financial falls after lower Q1 profit
** Citizens Financial's CFG.N shares down 1.1% at $35.72** CFG reports a fall in Q1 profit, hurt by lower interest income** Citizens reports Q1 adjusted earnings per share of 77 cents, compared with 79 cents per share a year ago** CFG's Q1 net interest income falls $1.39 bln from $1.44 bln a...
Reuters
Wed, Apr 16
Parkland CEO Bob Espey to step down amid pressure from Simpson Oil
Investing.com -- Parkland Fuel Corporation (TSX:PKI) announced today that Chief Executive Officer Bob Espey will resign from his role. The decision comes as the fuel distributor faces increasing press
Investing.com
Wed, Apr 16
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