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Match names e-commerce veteran to board amid growing tensions with Anson Funds
Match names Zulily co-founder Darrell Cavens as a director Activist investor Anson identified 3 board candidates on FridayMatch says it does not endorse Anson's nominees April 7 (Reuters) - Online dating company Match Group MTCH.O on Monday named a new director, ratcheting up the stakes in a ...
Reuters
Mon, Apr 7
US STOCKS SNAPSHOT-Wall St pares gains after CNBC says White House not aware of tariff pause
April 7 (Reuters) - Wall Street's main indexes fell back into the red in choppy trade on Monday after CNBC reported White House officials were not aware of U.S. President Donald Trump considering a 90-day pause in tariffs for all countries except China.The White House denial came after stocks ro...
Reuters
Mon, Apr 7
Time to Buy the Dip on Ripple?
Long-term investors in Ripple (CRYPTO: XRP) are likely very pleased. Over the past 10 years, XRP's value has exploded 21,600% higher. Most of Ripple's value, however, has been created in short bursts. Despite a recent pullback, for instance, Ripple's price has soared 288% since the start of last Nov...
The Motley Fool
Mon, Apr 7
Longtime Bull Dan Ives Just Slashed His Price Target on Tesla -- Shares Are Falling
Shares of Tesla (NASDAQ: TSLA) traded close to 6% lower as of 10:31 a.m. ET today, but had traded as much as 10.5% down before broader market volatility set in, causing volatile swings in shares. Longtime bull Dan Ives, an analyst at Wedbush, slashed his price target on the electric carmaker by 43%,...
The Motley Fool
Mon, Apr 7
AMC Entertainment rises after Minecraft film turns box office success
** Shares of theater chain AMC Entertainment AMC.N rise 4.5% at $2.77** AMC says the success of "A Minecraft Movie" helped it record the best weekend in 2025** "We look forward to the movie's continued success in our theaters over the next several weeks, and to welcoming more excitin...
Reuters
Mon, Apr 7
Vanguard UK clients faced service delays amid market tumble
LONDON, April 7 (Reuters) - Vanguard's UK online investment platform experienced IT problems for several hours on Monday with clients facing delays in accessing account information, as global markets slid following U.S. President Donald Trump's tariff announcements.Hundreds of Vanguard custo...
Reuters
Mon, Apr 7
Goldman Sachs raises odds of US recession to 45%, second hike in a week
April 7 (Reuters) - Goldman Sachs raised the odds of a U.S. recession to 45% from 35%, the second time it has increased its forecast in a week, amid a growing chorus of such predictions by investment banks due to an escalating trade war. Goldman raised its estimate from 20% to 35% early last we...
Reuters
Mon, Apr 7
Baltic index extends falls to hit one-month low
April 7 (Reuters) - The Baltic Exchange's dry bulk sea freight index extended declines to a one-month low on Monday, as rates across various vessel segments declined amid fears of recession following latest tariff actions.* The main index .BADI, which factors in rates for capesize, panamax and s...
Reuters
Mon, Apr 7
US STOCKS-Wall St rout deepens on tariff fears, S&P 500 heads toward bear market
Indexes down: S&P 500 4.52%, Nasdaq 100 4.96%, Dow 4.24%Howmet Aerospace falls on report it may halt orders if hit by tariffsInvestors expect more US rate cuts this yearCrypto-related stocks track sharp drop in bitcoin pricesBy Pranav Kashyap and Purvi Agarwal April 7 (Reuters) - Wall Street&...
Reuters
Mon, Apr 7
Germany's big steelmakers call for swift implementation of EU action plan
DUSSELDORF, April 7 (Reuters) - Thyssenkrupp Steel Europe (TKSE) TKAG.DE and Salzgitter SZGG.DE on Monday called for the EU Commission's action plan to be implemented as swiftly as possible to shield the sector from U.S. President Donald Trump's tariff measures. "Europe must not be l...
Reuters
Mon, Apr 7
INDIA STOCKS-US tariffs trigger worst selloff in Indian markets in 10 months
Trade war and U.S. recession fears push benchmarks to worst session in 10 monthsMid- and small-caps down 20% and 23.6% from all-time highsAbout 87% of NSE-listed stocks declineBy Bharath Rajeswaran and Shubham Batra April 7 (Reuters) - India's stock benchmarks clocked their worst session in ...
Reuters
Mon, Apr 7
Bernstein downgrades General Motors on tariff impact
Investing.com -- Bernstein downgraded General Motors (NYSE:GM) to Underperform from Market Perform, warning that new vehicle tariffs and a likely decline in consumer sentiment will significantly press
Investing.com
Mon, Apr 7
Tariff storm ravages Magnificent Seven as Apple nears one-year low
By Aditya Soni April 7 (Reuters) - The "Magnificent Seven" stocks sank on Monday, extending a market rout that has wiped off around $2 trillion from their combined value as investors worry about the financial fallout of U.S. President Donald Trump's global tariff war.The latest slide ...
Reuters
Mon, Apr 7
Viatris falls after resolving opioid-related claims for $335 mln
** Shares of the drug maker Viatris VTRS.O fall about 3.6% to $7.34, its lowest since 2008** Co says it would pay up to $335 mln over nine years as part of a nationwide settlement to resolve opioid-related claims** VTRS to pay between $27.5 mln and $40 mln annually toward state and local opioid init...
Reuters
Mon, Apr 7
INSTANT VIEW-US stocks resume slide amid gloom over Trump tariffs, recession
April 7 (Reuters) - The global stocks meltdown continued at Wall Street's open on Monday as U.S. President Donald Trump showed no sign of backing away from his sweeping tariff plans, and investors bet the mounting risk of recession could see the Federal Reserve cutting interest rates as early a...
Reuters
Mon, Apr 7
US footwear makers extend declines on tariff turmoil
** Shares U.S.-listed footwear makers slip in early trading on President Donald Trump's tariffs and rising recession fears .N** Trump's tariffs on Asia production hubs, including Vietnam, Indonesia and China, are a major blow to Nike NKE.N and Roger Federer-backed On Holding ONON.N, among ot...
Reuters
Mon, Apr 7
BofA, Oppenheimer latest on Wall St to slash S&P 500's annual target
April 7 (Reuters) - BofA Global Research and Oppenheimer Asset Management on Monday became the latest Wall Street research firms to cut their year-end targets for the S&P 500 index to below the 6,000 mark in response to risks from a deepening global trade war.Oppenheimer reduced its target for t...
Reuters
Mon, Apr 7
H.C. Wainwright initiates coverage for Ionis Pharma with 'buy' rating citing pending drug launches
** Brokerage H.C. Wainwright starts coverage on drugmaker Ionis Pharmaceuticals IONS.O with "buy" rating and a PT of $45 ** Brokerage sees upside in IONS' pending commercial launches, including Tryngolza for lowering triglycerides and Wainua for transthyretin-mediated amyloidosis (ATTR)*...
Reuters
Mon, Apr 7
US retail stocks tumble amid rising recession fears
** Shares of major U.S. retailers fall in early trading on mounting fears of a recession following President Donald Trump's sweeping tariffs announced last week** The S&P 500 was on track to confirm bear market territory .N** Retail giant Walmart WMT.N down 2.7%, big-box retailer Target TGT....
Reuters
Mon, Apr 7
S&P 500 on pace to confirm bear market as Trump's tariffs hammer stocks
S&P 500 down over 20%, signaling bear marketNasdaq confirmed bear market last weekTech firms hit hardest; Apple down nearly 30% this yearBy Shashwat Chauhan April 7 (Reuters) - The S&P 500 index slumped further on Monday and was down more than 20% from its all-time highs, putting the most...
Reuters
Mon, Apr 7
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