News
Important Only
BofA cuts price targets on US fertilizer companies amid trade tensions
** BofA cuts price targets on fertilizer companies amid escalating U.S.-China trade war** Increased likelihood of a recession and a global trade war could have far more severe implications than previously expected - BofA** BofA sees potential downside from tariffs on U.S. exports, especially for soy...Reuters
Tue, Apr 15
European shares advance as Trump hints at auto-related tariff relief; LVMH plunges
LVMH slumps after Q1 sales miss BESI jumps after Applied Materials buys a 9% stakeFugro slides after Q1 profit warningZEW sentiment index drops to -14.0 from 51.6 in MarchBy Medha Singh, Sukriti Gupta and Shashwat Chauhan April 15 (Reuters) - European shares rose on Tuesday as investors weighed f...Reuters
Tue, Apr 15
UK stocks gain on financial, defence boost amid tariff relief
FTSE 100 up 1.4%, FTSE 250 rises 1.5% B&M shares surge on positive profit forecastInvestment banking firms lead gainsData showed employers cut jobs in run-up to tax hike April 15 (Reuters) - Britain's main indexes surged on Tuesday, led by financial and defence stocks, after U.S. Preside...Reuters
Tue, Apr 15
Guggenheim cuts Fluence Energy PT on tariff challenges
** Shares of renewable energy storage provider Fluence Energy FLNC.O fall 7.6% to $3.75** Guggenheim cuts PT on FLNC to $2 from $6, reiterates "sell" rating** Brokerage expects potential changes to FLNC's input costs as expected tariffs on China-sourced lithium ferrous phosphate (LFP) ba...Reuters
Tue, Apr 15
Wells Fargo downgrades Howmet and Hexcel, cautious on aerospace sector
** Brokerage Wells Fargo downgrades aircraft parts suppliers Howmet Aerospace HWM.N and Hexcel Corp .N> to "equal weight" from "overweight"** Trims PT on Howmet to $118 from $132, and Hexcel's to $55 from $63 ** HXL undervalued compared to its peers; company's earnings lik...Reuters
Tue, Apr 15
METALS-Copper drifts lower on confusion over tariffs and economic growth
By Eric Onstad LONDON, April 15 (Reuters) - Copper prices slipped on Tuesday as uncertainty over tariffs imposed by U.S. President Donald Trump and their impact on global growth halted a three-session run of gains.Three-month copper CMCU3 on the London Metal Exchange (LME) was down 0.2% at $9,166...Reuters
Tue, Apr 15
US STOCKS-Wall St rises on tariff relief hopes, gains in financials
Indexes up: Dow 0.34%, S&P 500 0.48%, Nasdaq 0.46%Bank of America, Citigroup gain after higher Q1 profitBoeing falls after China halts deliveries By Lisa Pauline Mattackal and Purvi Agarwal April 15 (Reuters) - Wall Street rose on Tuesday, boosted by the possibility of tariff relief for the a...Reuters
Tue, Apr 15
Elliott builds $1.5-billion stake in Hewlett Packard Enterprise
Elliott plans to engage with HPE managementHPE shares rise after Elliott's stake newsHPE faces margin pressuresBy Svea Herbst-Bayliss and Arsheeya Bajwa April 15 (Reuters) - Hedge fund Elliott Investment Management has built a stake of more than $1.5 billion in Hewlett Packard Enterprise HPE....Reuters
Tue, Apr 15
Why Rocket Lab Is Up Big Today
Rocket Lab USA (NASDAQ: RKLB) has been selected to bid for billions in future launches planned by the United States and United Kingdom.Investors are excited about the opportunities these selections create, sending Rocket Lab shares up as much as 15% on Tuesday morning and up 9% as of 11:30 a.m. ET.W...The Motley Fool
Tue, Apr 15
Why Applied Digital Stock Is Plummeting Today
Applied Digital (NASDAQ: APLD) stock is seeing huge sell-offs Tuesday following the company's recent quarterly report. The data-center specialist's share price was down 28.7% as of 11:30 a.m. ET.After the market closed yesterday, Applied Digital published results for the third quarter of its current...The Motley Fool
Tue, Apr 15
HP Enterprise targeted by activist Elliott with over $1.5 billion stake - sources
Investing.com -- Activist hedge fund Elliott Investment Management has built a stake of over $1.5 billion in Hewlett Packard Enterprise Co (NYSE:HPE), sources familiar with the matter told InvestiInvesting.com
Tue, Apr 15
Why Bank of America Stock Is Higher Today
Bank of America (NYSE: BAC) posted better-than-expected numbers for the first quarter, signaling that the uncertainty gripping Wall Street has not yet made its way to Main Street.Investors applauded the results, sending Bank of America shares up as much as 6% on Tuesday and up 4% as of 11 a.m. ET.Wh...The Motley Fool
Tue, Apr 15
GLOBAL MARKETS-US stocks edge up, bonds and the dollar steady as tariff turmoil eases
Wall St stocks tick up after Europe, Asia shares riseUS Treasuries, dollar steadyTrump touts autos tariff modificationBank of America, Citi and Wells Fargo report strong profitsOil prices dipBy Lawrence Delevingne and Samuel Indyk BOSTON/LONDON, April 15 (Reuters) - Some trade policy relief and s...Reuters
Tue, Apr 15
Chemicals maker Huntsman falls after BofA downgrades to 'neutral'
** Brokerage BofA Global Research downgrades chemicals maker Huntsman's HUN.N shares to "neutral" from "buy", cuts PT to $15 from $22** Lowered PT still implies 12.2% upside to stock's last close** Huntsman's shares fall 4.5% to $13.10** Brokerage says it is reducing earn...Reuters
Tue, Apr 15
South African rand retreats after central bank report
JOHANNESBURG, April 15 (Reuters) - The South African rand retreated on Tuesday after the country's central bank warned in a biannual review that the scope for monetary policy easing had narrowed because of global economic uncertainty. At 1521 GMT the rand traded at 19.0175 against the U.S. dolla...Reuters
Tue, Apr 15
J&J falls after medical devices sales miss Wall Street estimates
** Shares of drug and medical device maker Johnson & Johnson JNJ.N fall 1% to $152.75** JNJ reports medical device sales of $8.02 billion for the quarter, which came in below analysts' estimates of $8.17 billion, as per LSEG data** Sales of J&J's medical devices have missed Wall Stre...Reuters
Tue, Apr 15
Citigroup lowers PT of Archer-Daniels-Midland on trade tensions
** Citigroup cuts price target on grain trader Archer-Daniels-Midland ADM.N to $49 from $51** New PT still a 5.5% upside to stock's last close ** Brokerage sees a challenging environment for agricultural products companies in 2025 as crush margins remain depressed in North America and are down f...Reuters
Tue, Apr 15
EMERGING MARKETS-Latam FX slip, stocks steady as investors weigh some tariff relief
MSCI Latam stocks index flat, FX slips 0.3%Argentine peso steadies after sharp adjustment on FX overhaulUS says most tomatoes imported from Mexico to face duties Honda to relocate some Mexico, Canada production to US, report says By Johann M Cherian April 15 (Reuters) - An index tracking currenci...Reuters
Tue, Apr 15
