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U.S. STOCKS ON THE MOVE-AppLovin, Ligand Pharma, Dexcom
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes fell on Thursday on concerns over the impact of high tariffs on global economy, with stocks pulling back from the sharp gains a day ago when U.S. President Don...
Reuters
Thu, Apr 10
Why Tesla Stock Is Plummeting Today
Shares of Tesla (NASDAQ: TSLA) are falling on Thursday. The electric vehicle maker's stock lost 9.5% as of 11:50 a.m. ET after gaining double digits yesterday. The slip comes as the S&P 500 and Nasdaq Composite lost 4.2% and 5.3%, respectively.UBS lowered its price target for Tesla stock citing conc...
The Motley Fool
Thu, Apr 10
Tariff fears trigger $17.1 billion outflows from EM debt, stocks in March, says IIF
By Karin Strohecker LONDON, April 10 (Reuters) - Tariff worries and global uncertainty triggered portfolio outflows from emerging market bonds and stocks in March, especially from China, fading out a positive start to the year, the Institute of International Finance (IIF) said on Thursday.Total n...
Reuters
Thu, Apr 10
LIVE MARKETS-S&P 500 pretty washed out, but chart hurdles tough to clear
Main US indexes decline; Nasdaq off most, down ~5%All S&P 500 sectors red; Energy, off >6%, weakest groupEuro STOXX 600 index rallies ~4%Dollar slides ~2%; crude down >4%; bitcoin off >5%; gold up >2US 10-Year Treasury yield edges down to ~4.38% Welcome to the home for real-time cove...
Reuters
Thu, Apr 10
US fintechs fall as escalating US-China trade war extends market rout
** Shares of U.S. fintech companies fall, paring Wednesday's gains after U.S. President Donald Trump's move to temporarily lower heavy tariffs on dozens of countries ** However, tariffs on China now total 145%, the White House told CNBC on Thursday, up from the 125% announced on Wednesday...
Reuters
Thu, Apr 10
Why Broadcom Stock Is Plummeting Today
Shares of the semiconductor company Broadcom (NASDAQ: AVGO) were falling hard today as the broader market turned red once again. Investors are still trying to figure out what to do amid President Donald Trump's chaotic rollout, and subsequent rollback, of some import tariffs.Semiconductor stocks, in...
The Motley Fool
Thu, Apr 10
Freshpet down after brokerages cut PT on weakening household penetration
** Shares of pet food maker Freshpet FRPT.O fall 4.8% to $78.92** Brokerages J.P.Morgan and Stifel cut FRPT's price target ** J.P.Morgan cuts PT to $91 from $102** JPM says it is concerned about the rate of change of consumption trends, including among lower- and middle-income consumers, and hou...
Reuters
Thu, Apr 10
Keros Therapeutics rises after adoption of poison pill, review of strategic options
** Shares of drug developer Keros Therapeutics KROS.O rise as much as 18.8% to an over one-month high of $12.27 ** Stock set for its best day in over a year, if gains hold** KROS says it has adopted a poison pill defense to fend off hostile takeovers, after some investors indicated a desire to i...
Reuters
Thu, Apr 10
Richelieu Hardware Ltd reports results for the quarter ended February 28 - Earnings Summary
Richelieu Hardware Ltd RCH.TO reported quarterly adjusted earnings of 25 cents per share for the quarter ended February 28, lower than the same quarter last year, when the company reported EPS of 27 cents. The mean expectation of two analysts for the quarter was for earnings of 33 cents per share...
Reuters
Thu, Apr 10
Why Super Micro Computer Stock Plunged Today
Super Micro Computer (NASDAQ: SMCI) shares soared along with other technology names yesterday after President Donald Trump paused the implementation of his global tariff plan. There was good reason why Supermicro shares outperformed the market with a 15.8% gain on that news.But Supermicro stock is s...
The Motley Fool
Thu, Apr 10
US STOCKS-Selloff resumes on Wall Street as markets weigh tariff risks
Indexes down: Dow 2.95%, S&P 500 3.64%, Nasdaq 4.37%GM, Ford downgraded by brokerages UBS, Goldman SachsMarch CPI at 2.4% YoY vs 2.6% estimateBy Shashwat Chauhan and Purvi Agarwal April 10 (Reuters) - Wall Street's main indexes fell on Thursday on concerns over the impact of high tariffs ...
Reuters
Thu, Apr 10
Rule Breaker Investing: Essays From Yesterday, Vol. 7
It's time once again to dust off Motley Fool co-founder David Gardner's old writings and pull some lessons forward into the light of today. In this podcast we discuss buying stocks that you already own, annual predictions, risk ratings, and keeping a record of your investment decisions. We look back...
The Motley Fool
Thu, Apr 10
US big banks fall as US-China escalate trade war
** Shares of big U.S. banks 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, up from the 125% announced on Wednesda...
Reuters
Thu, Apr 10
QuantumScape falls after UBS downgrades to 'sell' on tariff concerns
** Battery-tech startup QuantumScape's QS.N shares fall 8.5% to $3.7 after UBS downgrades to "sell" from "neutral", trims PT to $2.5 from $5** UBS raises concerns about QS' rollout of solid-state battery cell QSE-5, citing uncertainty around successful implementation ** Broke...
Reuters
Thu, Apr 10
Goldman cuts ratings on auto suppliers amid tariff, demand risks
Investing.com -- Goldman Sachs downgraded several U.S. auto suppliers citing rising tariff costs and weakening consumer demand, while also cutting its U.S. auto sales and global production forecasts.T
Investing.com
Thu, Apr 10
Cruise stocks lose ground, Morgan Stanley flags slowdown risks
** Shares of cruise operators fall after previous session's sharp gains ** "Channel checks" from monthly panel of US travel agents suggest "sharp demand drop-off" for sector, Morgan Stanley analysts say ** Comments show sharpest drop in cruise sentiment in three years, MS says, c...
Reuters
Thu, Apr 10
Harley-Davidson board member resigns, cites 'grave concerns' about company
April 10 (Reuters) - A Harley-Davidson HOG.N director has resigned after expressing "grave concerns" about the current state of the company in a letter to the motorcycle maker's board. Shares of the company tumbled about 11% in morning trading on Thursday. Jared Dourdeville - the boa...
Reuters
Thu, Apr 10
Carney says he will meet key Canada ministers to discuss tariffs
OTTAWA, April 10 (Reuters) - Canadian Prime Minister Mark Carney on Thursday said he would convene a meeting of top cabinet colleagues on Friday to discuss the threat posed to the economy by U.S. tariffs. Carney, speaking to a televised press conference in Ontario, reiterated that Ottawa would respo...
Reuters
Thu, Apr 10
LIVE MARKETS-Cut the tariff noise; US consumers still spending
Main US indexes decline; Nasdaq off most, down >3%Energy weakest S&P 500 sector; Staples sole gainerEuro STOXX 600 index rallies >4%Dollar off ~1.8%; bitcoin down ~3%; crude down >4%; gold up >2%U.S. 10-Year Treasury yield falls to ~4.33%Welcome to the home for real-time coverage of ...
Reuters
Thu, Apr 10
South African rand stumbles, stocks soar as markets digest tariff pause
JOHANNESBURG, April 10 (Reuters) - South Africa's rand stumbled on Thursday on global market jitters while stocks jumped, as investors digested U.S. President Donald Trump's announcement of an immediate 90-day tariff pause for many countries. At 1703 GMT, the rand tr...
Reuters
Thu, Apr 10
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