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Why Tesla Stock Is Soaring Today
Shares of Tesla (NASDAQ: TSLA) are rebounding on Wednesday. The electric vehicle maker's stock gained 5.1% as of 12:22 p.m. ET after falling as much as 6.4% earlier in the day. The recovery comes as the S&P 500 and Nasdaq Composite gained 0.5% and 0.9%, respectively.A report suggesting CEO Elon Musk...
The Motley Fool
Wed, Apr 2
Amazon rises after US administration official confirms its bid for TikTok
** Shares of Amazon AMZN.O rise 3% to $198 after the e-commerce giant bids to buy TikTok ** A Trump administration official confirmed to Reuters that AMZN has put in a bid to buy TikTok** Amazon's bid came via an offer letter to U.S. Vice President JD Vance and Commerce Secretary Howard Lutnick,...
Reuters
Wed, Apr 2
Sportsman's Warehouse more than doubles after sales beat
** Shares of Sportman's Warehouse SPWH.O last up 97% to $1.90 on Weds after qtrly sales top Wall Street estimates** SPWH rises as much as 125.8% on the session to $2.19, highest since Jan 30** West Jordan, Utah-based outdoor sporting goods retailer late Tues posted Q4 sales of $340.4 mln, down ...
Reuters
Wed, Apr 2
Why BlackBerry Stock Is Plummeting Today
Shares of BlackBerry (NYSE: BB) are falling on Wednesday. The technology company's stock lost 8.6% as of 3:30 p.m. ET and was down as much as 21.2% earlier in the day. The steep decline comes as the S&P 500 and Nasdaq Composite showed more modest movement.The Canadian tech company and once king of t...
The Motley Fool
Wed, Apr 2
Why Rocket Companies Stock Is Flying Higher Today
Shares of Rocket Companies (NYSE: RKT) are soaring on Wednesday. The mortgage company's stock gained 11.3% as of 11:50 a.m. ET and was up as much as 15.7% earlier in the day. The jump comes as the S&P 500 and Nasdaq Composite showed modest gains.A major Wall Street bank upgraded the stock following ...
The Motley Fool
Wed, Apr 2
Enovis falls after reiterating Q1 revenue forecast, new CEO appointment
** Medical device maker Enovis Corp ENOV.N down 4% at $35.76 ** ENOV reiterates Q1 revenue forecast to be in the range of $555 million to $563 million vs analysts' estimate of $559.6 million, according to data compiled by LSEG** Brokerage Evercore ISI analyst Vijay Kumar says shares are down par...
Reuters
Wed, Apr 2
Why Some Quantum Computing Stocks Soared Last Month (While Others Slumped)
Stocks in the quantum computing industry went all over the place in March. According to data from S&P Global Market Intelligence, D-Wave Quantum (NYSE: QBTS) rose 38.7%, and Quantum Computing (NASDAQ: QUBT) gained 31.9%. At the same time, shares of Rigetti Computing (NASDAQ: RGTI) fell 6.4%, and Ion...
The Motley Fool
Wed, Apr 2
FTSE 100 ends lower ahead of Trump's tariffs announcement
UK won't jeopardise US trade talks with rushed tariff response, says ReevesUK healthcare sector closes at lowest in nearly a monthBakkavor rises on rival Greencore's takeover offer FTSE 100 down 0.3%, FTSE 250 up 0.3% April 2 (Reuters) - Britain's FTSE 100 fell on Wednesday as investo...
Reuters
Wed, Apr 2
Amazon rises after report company makes bid for TikTok in US
** Shares of Amazon AMZN.O rise 1.5% to $195.1 after New York Times report says the e-commerce giant has bid to buy TikTok ** Amazon has put in a last-minute offer to buy the short-form video app in the U.S., NYT reports, citing sources familiar with the matter** Amazon's came via an offer lette...
Reuters
Wed, Apr 2
U.S. STOCKS ON THE MOVE-M-tron, Rocket Companies, TKO Group
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes fell on Wednesday as investors worried about the potential impact of U.S. President Donald Trump's sweeping tariffs on the global economy, corporate earnin...
Reuters
Wed, Apr 2
European stocks drop ahead of Trump's tariff announcement
White House tariff announcement planned for 2000 GMTHealthcare sector at lowest since December Svitzer shares surge after A.P. Moller Holding's cash offerLagarde warns on tariff impact Europe plans proportionate response to U.S. tariffs - FerracciBy Sukriti Gupta, Medha Singh and Lisa Pauline Ma...
Reuters
Wed, Apr 2
US STOCKS-Wall Street steadies ahead of Trump's tariff plans
Indexes up: Dow 0.2%, S&P 500 0.2%, Nasdaq 0.4% Trump's tariff announcement at 4:00 p.m. ETADP, factory orders beat estimatesTesla turns higher after reports Musk to leave govt roleBy Sruthi Shankar and Pranav Kashyap April 2 (Reuters) - U.S. stock indexes recovered from morning losse...
Reuters
Wed, Apr 2
Government contractor stocks rise after report that Musk will leave role as governing partner
** Shares of government contractors rise after Politico report says U.S. President Donald Trump has told his inner circle, including members of his Cabinet, that Tesla CEO Elon Musk will be stepping back in the coming weeks from his current role as governing partner** Leidos LDOS.N up 5.2%, Science...
Reuters
Wed, Apr 2
LIVE MARKETS-Liberation Day: Investors are trading cautiously
Major US indexes modestly green; Nasdaq out front, up ~0.5%Cons Disc leads S&P 500 sector gainers; Staples weakest groupEuro STOXX 600 index off ~0.6%Dollar down; crude, gold gain; bitcoin up >1.5%US 10-Year Treasury yield edges up to ~4.18%Welcome to the home for real-time coverage of market...
Reuters
Wed, Apr 2
COLUMN-Trump fireworks risk sparking equity contagion: Pelosky
By Jay Pelosky April 2 - With apologies to Charles Dickens, this may be the best of times for non-U.S. markets because it is the worst of times for U.S. policymaking. But if the Trump administration pushes the U.S. into a bear market, the times could be bad all around.In the first quarter, the do...
Reuters
Wed, Apr 2
Sarepta Therapeutics up after H.C. Wainwright upgrade
** Shares of gene therapy developer Sarepta Therapeutics SRPT.O up 2.1% to $63.21** H.C. Wainwright raises SRPT's rating to "neutral" from "sell"** Still expect Elevidys revenue to fall short in 2H25 — more so now after the recently reported patient death — expect a continued bol...
Reuters
Wed, Apr 2
Deutsche Bank downgrades Altria on valuation, regulatory risks
Investing.com -- Deutsche Bank downgraded Altria Group (NYSE:MO) Inc to “Hold” from “Buy” citing limited upside following a strong year-to-date rally and ongoing regulatory challenges to its NJOY
Investing.com
Wed, Apr 2
Truist downgrades FTI Consulting rating as consultant attrition looms
** Brokerage Truist downgrades advisory firm FTI consulting FCN.N to "hold" from "buy", keeps PT unchanged at $178** Brokerage flags risk of losing consultants in the economic consulting segment and reduced demand for regulatory-driven services under the Trump administration** Expect...
Reuters
Wed, Apr 2
CoreWeave IPO: Is this Fast-Growing AI Stock a Buy Right Now?
Since artificial intelligence (AI) caught the attention of the market beginning in November 2022, Nvidia (NASDAQ: NVDA) has set the bar for blockbuster growth among AI-associated stocks. The GPU specialist posted five straight quarters of triple-digit revenue growth through fiscal 2024 and 2025, pea...
The Motley Fool
Wed, Apr 2
Denali Therapeutics begins marketing application for genetic disorder drug, shares rise
** California-based drug developer Denali Therapeutics DNLI.O rise 11.4% to $13.70** DNLI says it has started the rolling submission of a marketing application for accelerated FDA approval of its experimental drug, tividenofusp alfa, to treat a type of rare genetic disorder called Hunter syndrome** ...
Reuters
Wed, Apr 2
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