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Railroad operator CSX falls after lower-than-expected quarterly results
** Shares of railroad operator CSX CSX.O fall ~1% to $27.04 in extended trading** Company reports Q1 profit of 34 cents/shr, below analysts' estimates of 37 cents/shr, according to data compiled by LSEG** CSX reports Q1 sales of $3.42 bln, below analysts' estimates of $3.47 bln** Company'...Reuters
Wed, Apr 16
GLOBAL MARKETS-US-China trade fight slams stocks, sends gold to record high
Nvidia, tech shares battered as US curbs chip sales to ChinaGold climbs 3.5%, dollar slides and safe havens jumpPowell: Economy slowing in Q1, Fed remains in wait-and-see modeTreasury yields fall 4 bpsBy Lawrence Delevingne and Harry Robertson BOSTON/LONDON, April 16 (Reuters) - Global shares fel...Reuters
Wed, Apr 16
CANADA STOCKS-TSX edges up to near two-week high as gold prices jump
TSX ends up 0.2% at 24,106.79Energy adds 2% as oil settles up 1.9%Mining shares rise as gold hits record highBank of Canada pauses interest rate cutsBy Fergal Smith April 16 (Reuters) - Canada's resource-linked main stock index rose on Wednesday to a near two-week high as higher commodity pri...Reuters
Wed, Apr 16
Why Microsoft Stock Tumbled 3.7% Today
Microsoft (NASDAQ: MSFT) had one of its more forgettable sessions on the stock market Wednesday, with its share price melting by 3.7% at closing time. Yet this had less to do with its own operations, and more to do with a move by a business in which it's invested. That decline was steeper than even ...The Motley Fool
Wed, Apr 16
Why Progressive Stock Was Topping the Market Today
In late-session trading Wednesday, investors were collectively see-sawing on their reaction to Progressive's (NYSE: PGR) first-quarter earnings release. That was understandable, as the company convincingly beat the consensus analyst for revenue, but posted weaker-than-expected net income.That indeci...The Motley Fool
Wed, Apr 16
EMERGING MARKETS-Latam FX advances as dollar falls; investors weigh trade tensions
Latam stocks down 0.3%Mexico sends diplomatic memo to US on border collaborationU.S. imposes restrictions on chip exports to China Argentina loosens FX restrictions for non-residentsBy Pranav Kashyap and Johann M Cherian April 16 (Reuters) - Currencies of most resources-rich Latin American countr...Reuters
Wed, Apr 16
LIVE MARKETS-US stocks crumble with weak chips, Powell quips
Main U.S. indexes end red; Nasdaq off most, down 3.1%Tech, off 3.9%, weakest S&P 500 sector; Energy sole gainerDollar slides; bitcoin gains; crude up >2%; gold up >3%US 10-Year Treasury yield falls to ~4.28% Welcome to the home for real-time coverage of markets brought to you by Reuters re...Reuters
Wed, Apr 16
Pipeline operator Kinder Morgan misses first-quarter profit estimates
April 16 (Reuters) - Kinder Morgan KMI.N narrowly missed Wall Street expectations for first-quarter profit on Wednesday after the U.S. pipeline and terminal operator was hurt by weakness in its products pipelines segment.The Houston, Texas-based firm posted an adjusted profit of 34 cents per share f...Reuters
Wed, Apr 16
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
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
