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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
Why ConocoPhillips Oil Stock Popped Today
Shares of ConocoPhillips (NYSE: COP) dipped on Tuesday after TheFly.com reported multiple bank analysts forecasting lower price targets for the oil major in light of an ongoing trade war and recent declines in oil prices. On Wednesday, however, Conoco stock perked back up, rising a modest 2.3%, and ...The Motley Fool
Wed, Apr 16
LIVE MARKETS-US IPO market under a tariff cloud
Main U.S. indexes red; Nasdaq off most, down >2%Fed chair Powell remarks expected at 1:30 p.m. EDTTech weakest S&P 500 sector; Energy leads gainersDollar down; bitcoin gains >1%; crude up ~2%; gold up ~3%US 10-Year Treasury yield edges down to ~4.31% Welcome to the home for real-time cover...Reuters
Wed, Apr 16
Omnicom down after Q1 revenue miss, MoffettNathanson cuts PT
** Shares of advertising and marketing firm Omnicom Group OMC.N down 5.1% after missing Q1 revenue estimates** OMC posts Q1 revenue of $3.69 bln compared with analysts' estimates of $3.72 bln, according to data compiled by LSEG ** Brokerage MoffettNathanson reduces PT to $85 from $92; reiterates...Reuters
Wed, Apr 16
MS bullish on defence stock on $1 trillion budget outlook, picks Northrop top pick
Investing.com -- Morgan Stanley upgraded its view on the U.S. defence sector to "Attractive" from "In-line" on expectations of a $1 trillion defence budget in fiscal 2026 and rising international armsInvesting.com
Wed, Apr 16
General Dynamics receives FAA, EASA certifications; shares up
** Shares of General Dynamics GD.N up 1% to $280 in afternoon trade** Co says its Gulfstream G800 business jet receives Federal Aviation Administration and European Union Aviation Safety Agency certifications** GD can now start customer deliveries of the jet and enter it into service in the U.S. and...Reuters
Wed, Apr 16
Lyft rises on Europe entry plan with $200 million FreeNow acquisition
** Shares of ride-hailing firm Lyft LYFT.O rise 1.6% to $11.1 ** LYFT is buying mobility platform FreeNow from German automotive giants BMW BMWG.DE and Mercedes-Benz MBGn.DE for 175 million euros ($198.40 million) to expand into European ride-hailing market** Deal will nearly double company's po...Reuters
Wed, Apr 16
GLOBAL MARKETS-Shares skid as Nvidia hurt by US chip-sale curbs, gold hits record
Tech shares hit as US curbs chip sales to ChinaNvidia slumps 7% European and Asian stocks fall Gold climbs 3%, dollar slides and safe-havens jumpOil up nearly 2%By Lawrence Delevingne and Harry Robertson BOSTON/LONDON, April 16 (Reuters) - Global shares fell on Wednesday, with gold trading at rec...Reuters
Wed, Apr 16
Energy shares drive FTSE 100 gains as inflation eases
Bunzl lowers 2025 operating margin forecastOxford Instruments rises on annual profit outlookUK inflation slows to 2.6% in March from February's 2.8%FTSE 100 gains 0.3%, FTSE 250 flat April 16 (Reuters) - Energy shares led Britain's benchmark stock index higher on Wednesday, as a softer-th...Reuters
Wed, Apr 16
Omnicom down after Q1 revenue miss, MoffettNathanson cuts PT
** Shares of advertising and marketing firm Omnicom Group OMC.N down 5.1% after missing Q1 revenue estimates** OMC posts Q1 revenue of $3.69 bln compared with analysts' estimates of $3.72 bln, according to data compiled by LSEG ** Brokerage MoffettNathanson reduces PT to $85 from $92; reiterates...Reuters
Wed, Apr 16
European shares close lower as ASML warns US tariffs cloud outlook
ASML warns Trump's tariffs increase uncertaintyEuropean corporate earnings outlook worsens amid trade warUK's Bunzl slides after full-year guidance cutBy Sukriti Gupta, Medha Singh and Shashwat Chauhan April 16 (Reuters) - European shares closed lower on Wednesday, weighed down by semicon...Reuters
Wed, Apr 16
