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Capri jumps after Prada's $1.4 billion deal for Versace
** Shares of Michael Kors-parent Capri Holdings CPRI.N jump 4.7% to $17.12 premarket ** Prada 1913.F says it will buy Versace from Capri in a deal valuing the iconic brand at $1.38 billion** Versace will become a subsidiary upon closing of the deal, the Italian fashion house says ** Transaction is ...
Reuters
Thu, Apr 10
NORTH AMERICAN MANUFACTURERS REPORT SHARP PULLBACK DUE TO TARIFFS, WHILE ASIAN SUPPLIERS RUN AT FULL TILT: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
In March, global supply chains spare capacity increased to highest level since May 2020, the height of the COVID-19 pandemic, indicating rapidly worsening conditions for global manufacturers Factories in the U.S., Mexico and Canada retrenched sharply in March due to tariffs, with purchasing activi...
PR Newswire
Thu, Apr 10
US STOCKS SNAPSHOT-U.S. stock futures pare losses after March inflation reading
April 10 (Reuters) - U.S. stock index futures pared their early losses on Thursday after a cooler-than-expected inflation reading bolstered expectations that the Federal Reserve would remain on track to cut interest rates this year. A Commerce Department report showed the consumer price index rose 2...
Reuters
Thu, Apr 10
Tariffs Are Rattling the Market-What Should Investors Do Now?
In a rapidly shifting market shaped by global policy moves, investors can easily fall into the traps of panic or FOMO. In this timely discussion, Motley Fool CIO Andy Cross sits down with Charles Schwab's Chief Investment Strategist, Liz Ann Sonders, to unpack the economic impact of recent tariffs, ...
The Motley Fool
Thu, Apr 10
Tariffs Are Crushing These 2 Stocks, but Long-Term Investors Could Get an Amazing Bargain
While stock market investing is one of the best ways to build wealth, it is not without its risks. The ongoing trade war between the U.S. and other countries is a perfect example. However, with the Nasdaq Composite down by over 20% year to date, the chaos could create long-term opportunities. Let's ...
The Motley Fool
Thu, Apr 10
Financials and IT drive Sri Lankan shares to end higher after Trump's tariff pause
April 10 (Reuters) - Sri Lankan shares closed higher on Thursday, mirroring gains in the broader Asia market after U.S. President Donald Trump announced a 90-day pause on the hefty tariffs imposed on most nations.* The CSE All Share index .CSE settled 4.7% higher at 15,580.83, led by financial and i...
Reuters
Thu, Apr 10
Oil moves closer to stocks in 2025 as Trump tariffs roil markets
By Alex Lawler, Anna Hirtenstein and Amanda Cooper LONDON, April 10 (Reuters) - A positive correlation between global oil benchmark Brent crude LCOc1 and U.S. equities has reemerged in 2025, reflecting concern about the slowing economy and the impact of U.S. President Donald Trump's trade war...
Reuters
Thu, Apr 10
Constellation Brands: Spirits Struggle
Constellation Brands (NYSE:STZ), the international beverage company known for its popular beer brands, recently released its earnings report for the fourth quarter of 2025 on April 9, 2025.The company posted an adjusted diluted EPS of $2.63, significantly beating the analyst estimate of $2.28. Reven...
The Motley Fool
Thu, Apr 10
Every ChargePoint Investor Should Keep an Eye on This Number
With the current volatility that's roiling the markets, it's easy to find yourself overwhelmed with the flurry of facts and figures. During times like this, in fact, it's best to remember a sage bit of advice: Keep things simple.Electric vehicle (EV) investors with their eyes on charging infrastruct...
The Motley Fool
Thu, Apr 10
3 Smart Reasons to Sell Stocks in a Bear Market -- and 2 Bad Ones
The S&P 500 is now officially in a bear market, meaning it has dropped more than 20% from its recent high. The Nasdaq and several other benchmark indexes have recently been down by even more.When stocks fall, especially when it happens quickly like it has over the past couple of weeks, it is only na...
The Motley Fool
Thu, Apr 10
LIVE MARKETS-Earnings season "market's moment of truth" - Saxo
STOXX 600 up 5.2% on Trump tariff pauseBanks, tech lead gains in EuropeUncertainty, economic damage still in focusNasdaq futures slip over 2% after rallyWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@...
Reuters
Thu, Apr 10
If Online Prediction Markets Are Any Guide, Bitcoin Still Has a 35% Chance of Hitting $125,000 in 2025
As soon as new global tariffs were announced on April 2, Bitcoin (CRYPTO: BTC) started to head lower. It now trades under $80,000. That price level would have been unthinkable just two months ago. On Jan. 20, Bitcoin traded at an all-time high of $109,000.Here's the good news -- a surprising number ...
The Motley Fool
Thu, Apr 10
Used-car retailer CarMax misses fourth-quarter profit expectations
April 10 (Reuters) - Used-car retailer CarMax KMX.N on Thursday reported a fourth-quarter profit that missed Wall Street estimates, as higher borrowing costs kept some consumers from making big ticket purchases.Shares of the Richmond, Virginia-based company fell 7.5% in premarket trading.Used-ca...
Reuters
Thu, Apr 10
Vsee Health Inc
expected to post a loss of 9 cents a share - Earnings Preview
Vsee Health Inc VSEE.OQ VSEE.O is expected to report resultson April 12 (estimated) for the period ending December 31 2024The Boca Raton Florida-based company is expected to report revenue of $3.522 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst est...
Reuters
Thu, Apr 10
RPT-BREAKINGVIEWS-US-China trade clash risks all-out financial war
By Hudson LockettHONG KONG, April 10 (Reuters Breakingviews) - In the end, Donald Trump both blinked and doubled down on tariffs. As the U.S. president announced a 90-day pause on “reciprocal” levies for most major trading partners on Wednesday, he also raised those on China from 104% to 125%. The u...
Reuters
Thu, Apr 10
Prediction: Alphabet Will Spin Off Waymo Within 5 Years
One of the most intriguing growth opportunities for Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) these days is in robotaxis, via its Waymo business. It has the potential to revolutionize the taxi industry. Last year, it averaged 150,000 trips per week, and that number is going to climb even higher this ye...
The Motley Fool
Thu, Apr 10
US asset managers fall as US-China trade war escalates
** Shares of U.S. asset managers fall premarket, paring Wednesday's gains after U.S. President Donald Trump's move to temporarily lower the heavy tariffs on dozens of countries** Trump also increased tariffs on China to 125% from 104%** KKR KKR.N down 3.8%, Blackstone BX.N falls 3.1%, Apollo...
Reuters
Thu, Apr 10
CANADA STOCKS-TSX futures slip after rally on Trump's tariff pause
April 10 (Reuters) - Futures tied to Canada's main stock index fell on Thursday, mirroring Wall Street peers, a day after U.S. President Donald Trump announced a 90-day pause on some tariffs for most trading partners.The futures on the S&P/TSX index SXFcv1 were down 1.3% at 7:26 a.m. ET (112...
Reuters
Thu, Apr 10
GLOBAL MARKETS-Stocks soar in relief rally after Trump's tariff pause
Europe, Asia stocks rally sharply after Trump pauses most tariffsUS futures lower after biggest jump since 2008Chinese equities rise even as US tariffs take holdBond market rout stabilisesBy Samuel Indyk and Rae Wee LONDON/SINGAPORE, April 10 (Reuters) - Global shares surged and a manic bond sell...
Reuters
Thu, Apr 10
U.S. STOCKS ON THE MOVE-Ford Motor, General Motors, AES
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures fell on Thursday after a blistering rally in the previous session following U.S. President Donald Trump's move to temporarily lower the heavy tariffs on dozens o...
Reuters
Thu, Apr 10
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