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Novavax shares tumble after U.S. health secretary raises concerns over COVID shot's efficacy
April 10 (Reuters) - Vaccine maker Novavax's NVAX.O shares plunged over 22% on Thursday after Health and Human Services Secretary Robert F. Kennedy Jr. raised concerns about the company's COVID-19 vaccine in an interview with CBS News.The U.S. Food and Drug Administration, an agency that is ...Reuters
Thu, Apr 10
Sahil Bloom on the 5 Types of Wealth
Sahil Bloom writes The Curiosity Chronicle newsletter and is the managing partner of SRB Ventures, a venture investment firm. His first book is The 5 Types of Wealth: A Transformative Guide to Design Your Dream Life. In this podcast, Motley Fool personal finance expert Robert Brokamp caught up with ...The Motley Fool
Thu, Apr 10
US STOCKS-Wall Street slides as tariff risks send investors fleeing
CarMax falls as Q4 profit misses estimatesMarch CPI at 2.4% YoY vs 2.6% estimateIndexes down: Dow 2.86%, S&P 500 3.66%, Nasdaq 4.40%By Stephen Culp NEW YORK, April 10 (Reuters) - Wall Street stocks tumbled on Thursday on mounting worries over the economic impact of U.S. President Donald Trump...Reuters
Thu, Apr 10
U.S. STOCKS ON THE MOVE-JPMorgan Chase, Capri, Novavax
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes tumbled on Thursday on concerns over the impact of high U.S. tariffs on global economy, with stocks pulling back sharply from the day-ago gains when President ...Reuters
Thu, Apr 10
Why Microsoft Stock Is Falling Hard Today
Shares of the tech-giant Microsoft (NASDAQ: MSFT) were plummeting today as the broader market responded negatively to an escalating trade war with China. Investors are still trying to decipher the impact of 10% tariffs on other countries -- along with 145% on China -- and if higher tariffs are still...The Motley Fool
Thu, Apr 10
Here's Why Stanley Black & Decker Stock Crashed Today
Stanley Black & Decker (NYSE: SWK) declined by more than 11% in trading at noon ET today. The fall comes as the market sold off after a historic rally yesterday. However, the fact that the company's stock price declined so aggressively speaks to the market's view of the tools and industrial products...The Motley Fool
Thu, Apr 10
RPT-ANALYSIS-Global investors hunker down for volatility even as tariff pause is welcomed
Battered world markets bounce back on tariff pauseBut uncertainty lingersChina-US trade adds to growth shock worriesBy Summer Zhen and Dhara Ranasinghe LONDON, April 10 (Reuters) - As the dust settles after a bruising week eased by U.S. President Donald Trump's tariff pause, the takeaway from...Reuters
Thu, Apr 10
US credit card firms fall as US-China trade war escalates
** Shares of U.S. credit card firms extend losses, paring Wednesday's gains after U.S. President Donald Trump's move to temporarily lower the heavy tariffs on dozens of countries** However, tariffs on China now total 145%, the White House told CNBC on Thursday** American Express AXP.N down 6...Reuters
Thu, Apr 10
Janus Henderson says investors should cut down exposure to stocks as recession looms
Janus Henderson recommends 55% equities, 45% bonds amid recession fearsTariffs threaten global growth, prompting shift to investment-grade bondsPotential recovery catalysts in Europe and China include fiscal stimulusBy Saeed AzharNEW YORK, April 10 (Reuters) - Janus Henderson, which manages $379 bil...Reuters
Thu, Apr 10
US asset managers fall as US-China trade war escalates
** Shares of U.S. asset managers extend losses, paring Wednesday's gains after U.S. President Donald Trump's move to temporarily lower the heavy tariffs on dozens of countries** However, tariffs on China now total 145%, the White House told CNBC on Thursday** KKR KKR.N down 5.9%, Invesco IVZ...Reuters
Thu, Apr 10
Why Newsmax Stock Is Crashing Today
Shares of Newsmax Media (NYSE: NMAX) are plunging on Thursday. The media company's stock lost 23.5% as of 1:40 p.m. ET and was down as much as 24.5% earlier in the day. The steep decline comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) both lost more than 5%.A Delawar...The Motley Fool
Thu, Apr 10
PRECIOUS-Gold hits record high as US-China trade war intensifies, dollar weakens
Trump raises tariffs on Chinese imports to 125% U.S. consumer prices unexpectedly fall in MarchTraders add to bets on Fed rate cuts after CPI dataBy Brijesh Patel and Anmol Choubey April 10 (Reuters) - Gold prices jumped nearly 3% to an all-time high on Thursday, as a drop in the dollar and an es...Reuters
Thu, Apr 10
Why XRP (Ripple) Is Plummeting Today
The crypto token XRP (CRYPTO: XRP) is trading lower on Thursday, losing 4.9% as of 1 p.m. ET despite jumping as much as 5.4% earlier in trading since this time yesterday. The drop comes as the broader market takes a dive: The S&P 500 and Nasdaq Composite dropped 4.7% and 5.4%, respectively.The Secur...The Motley Fool
Thu, Apr 10
Tesla Is Plummeting Again -- Is It Time to Buy the Stock?
On the heels of huge gains yesterday, Tesla (NASDAQ: TSLA) stock is seeing big sell-offs in Thursday's trading. The electric-vehicle (EV) company's share price was down 9.9% as of 1:15 p.m. ET amid the backdrop of a 5.3% decline for the S&P 500 (SNPINDEX: ^GSPC) and a 6.1% decline for the Nasdaq Com...The Motley Fool
Thu, Apr 10
Nvidia Is Sinking Today. Is It Time to Buy the Artificial Intelligence (AI) Stock?
After explosive gains in yesterday's session, Nvidia (NASDAQ: NVDA) stock is seeing big sell-offs in Thursday's session. The artificial intelligence (AI) hardware leader's share price was down 7.5% as of 1 p.m. ET. At the same point in today's trading, the S&P 500 was down 4.5%, and the Nasdaq Compo...The Motley Fool
Thu, Apr 10
QUOTES-Investors resume flight from US stocks, no respite in sight from tariff chaos
April 10 (Reuters) - Wall Street's main indexes fell hard again on Thursday on concerns over the impact of high tariffs on the global economy, marking a U-turn from the previous session's historic gains when U.S. President Donald Trump moved to temporarily lower the levies on some countries....Reuters
Thu, Apr 10
PREVIEW: JPMorgan seen reporting Q1 EPS, rev increase
** Shares in JPMorgan Chase & Co JPM.N shares down ~5% on Thursday in a broader market selloff amid trade uncertainty; biggest U.S. bank due to report first quarter results before market open on Friday** Wall Street sees JPM reporting adj EPS of $4.61 up from $4.44 in year-ago quarter on rev of...Reuters
Thu, Apr 10
Why Occidental Petroleum Stock Plunged 10% Today
Shares of Occidental Petroleum (NYSE: OXY) crashed today and were trading 10% lower as of 12:20 p.m. ET.Ironically, Occidental Petroleum just revealed that it realized higher average prices for oil and gas in its first quarter versus the fourth quarter, which is good news for the company and its inv...The Motley Fool
Thu, Apr 10
Polestar warns of tariff impact after discounts boost quarterly sales
By Zaheer Kachwala April 10 (Reuters) - Swedish electric-vehicle maker Polestar PSNY.O plans to move more manufacturing to Europe as U.S. tariffs and the global trade war spell trouble for the automotive industry, CEO Michael Lohscheller said on Thursday. It also reported a 76% jump in first-quar...Reuters
Thu, Apr 10
