News
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BlackBerry forecasts lower annual revenue due to weak demand for cybersecurity services
April 2 (Reuters) - Canada's BlackBerry BB.TO forecast a revenue decline in fiscal 2026 on Wednesday, as it anticipated weak spending on its cybersecurity products.U.S.-listed shares of the Waterloo, Ontario-based company fell 4% in premarket trading. BlackBerry, once a dominant force in the ...Reuters
Wed, Apr 2
Citi cuts Raymond James PT citing market volatility, tariff uncertainty
** Citi Research cuts PT on brokerage and investment banking firm Raymond James RJF.N to $150 from $180, citing market volatility and tariff uncertainty** "Recent volatility has presented headwinds to asset levels and delayed a return of capital markets activity," says brokerage** Uncertaint...Reuters
Wed, Apr 2
Best Stock to Buy Right Now: Uber vs. Lyft?
When it comes to ride-sharing in the U.S., there are only two choices for consumers and investors: Uber (NYSE: UBER) and Lyft (NASDAQ: LYFT).The two companies have been rivals since their early days, and while Uber has long been the market leader, Lyft has been a steady innovator in the space and he...The Motley Fool
Wed, Apr 2
CoreWeave eases after stunning turnaround
** CoreWeave's CRWV.O shares down 3.9% at $50.50 before the bell after artificial intelligence startup soared in its third trading day ** CRWV shares closed up ~42% at $52.57, after rising as high as $53.27 on Tues, and are now comfortably above $40 IPO price in a stunni...Reuters
Wed, Apr 2
Billionaire Israel Englander Jettisoned Shares of Nvidia and Microsoft and Is Piling Into 2 High-Growth Tech Stocks
The U.S. equity market has had a tough few weeks, primarily due to escalating economic tensions, geopolitical pressures, and rising risks of trade wars. The tech-heavy Nasdaq Composite index was even pushed into correction territory in March, falling almost 14.2% from the recent high in December 202...The Motley Fool
Wed, Apr 2
Greenwich rises on immune response data from breast cancer therapy trial
** Shares of cancer therapy developer Greenwich LifeSciences GLSI.O rise 18.8% to $11 premarket** GLSI says its experimental therapy, GLSI-100, to prevent breast cancer recurrences showed an increased immune response over time in patients during a late-stage study** The therapy creates an immune re...Reuters
Wed, Apr 2
MIDEAST STOCKS-Abu Dhabi bourse falls ahead of Trump tariff plan, Dubai gains
By Ateeq Shariff April 2 (Reuters) - Abu Dhabi bourse ended lower on Wednesday after the Eid holiday, taking its cue from the global equity markets, as investors awaited details of U.S. President Donald Trump's tariff plans.The White House is set to reveal new reciprocal tariffs at 2000 GMT o...Reuters
Wed, Apr 2
Banking at the Bottom of the World: Diebold Nixdorf ATMs Now Serving Antarctica
With the addition of ATMs in McMurdo Station, Diebold Nixdorf now boasts a presence on all seven continents. NORTH CANTON, Ohio, April 2, 2025 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, announces the successful installation of two DN Se...PR Newswire
Wed, Apr 2
2 Simple ETFs to Buy With $1,000 and Hold for a Lifetime
Just keep it simple. It's great advice that applies to many situations throughout life. Today, let's focus on how keeping it simple can lead to excellent investing returns. Here are my two picks for simple exchange-traded funds (ETFs) that anyone can buy and hold forever for only $1,000.Image source...The Motley Fool
Wed, Apr 2
US STOCKS-Wall St futures slide in the run-up to Trump's tariffs
Futures down: Dow 0.42%, S&P 500 0.48%, Nasdaq 0.61% Trump's tariff announcement at 4:00 pm February factory orders data due at 10:00 am Tesla Q1 deliveries due later in the dayBy Sruthi Shankar and Pranav Kashyap April 2 (Reuters) - U.S. stock index futures dropped on Wednesday as invest...Reuters
Wed, Apr 2
Paramount Global falls after Deutsche Bank downgrades rating, cuts PT
** Shares of media giant Paramount Global PARA.O fall 1.2% to $11.59 in premarket trading ** Deutsche Bank cuts co's rating to "hold" from "buy" and PT to $12 from $15** Brokerage cites increasing risk to advertising outlook and more attractive investment alternatives in the sect...Reuters
Wed, Apr 2
BofA cuts Morgan Stanley PT citing seasonal challenges
** BofA Global Research cuts PT on major U.S. lender Morgan Stanley MS.N to $144 from $150** Says co's revenue through wealth management fees to be hit by less commissions tracking fewer trading days ** Recent severance announcement to impact reported expense - brokerage** Last month, Reuters re...Reuters
Wed, Apr 2
U.S. STOCKS ON THE MOVE-Grifols, Newsmax, nCino
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures slipped on Wednesday as investors braced for details of U.S. President Donald Trump's tariff plans, which are expected to upend global trade and commerce. .N ...Reuters
Wed, Apr 2
Corebridge Financial slides after UBS downgrades to 'sell', cuts PT
** Shares of Corebridge Financial CRBG.O down 2.8% to $30.70 in premarket trading** UBS cuts its PT to $28 from $40, and downgrades rating to "sell" from "buy"** "Cautious stance is driven by our view of near-term earnings & AUM risk being overlooked by bulls" - Analysts*...Reuters
Wed, Apr 2
1 Stock to Buy and Hold Forever
Spotify (NYSE: SPOT) has fought off formidable competitors to build a dominant position in streaming music and that moat will grow over time. Add in the expansion into podcasts, audiobooks, and now video and this is a great stock to buy and hold forever.*Stock prices used were end-of-day prices of M...The Motley Fool
Wed, Apr 2
Should You Buy Bank of America While It's Below $45?
As a leader in the financial services industry, Bank of America (NYSE: BAC) has its hands in a wide range of markets. This includes consumer and commercial banking, capital markets, investment banking, and wealth management. The company's resilience is noteworthy, as it's been in operation for over ...The Motley Fool
Wed, Apr 2
South Africa's rand falls further after DA says budget talks break down
JOHANNESBURG, April 2 (Reuters) - The South African rand extended losses on Wednesday after the Democratic Alliance (DA) party said talks with the African National Congress (ANC) over passing the budget had broken down. The two biggest parties in the ruling coalition have negotiated for wee...Reuters
Wed, Apr 2
Raymond James cuts WesBanco PT on Premier Financial acquisition closing delays
** Brokerage Raymond James cuts PT on regional lender WesBanco WSBC.O to $38 from $44** Cites a later-than-anticipated closing of co's Premier Financial (PFC) acquisition ** New PT still implies ~24% upside to stock's last close ** As of last close, WSBC stock down 5.8% YTD compared to a...Reuters
Wed, Apr 2
How Much Further Can the "Magnificent Seven" Fall? Here's What History Suggests.
Just weeks after approaching its all-time high, the Nasdaq Composite is tumbling. As of Tuesday morning, the tech-heavy index was down by about 15% from its peak, putting it well into correction territory.Concerns about new tariffs, weakening consumer sentiment, geopolitical tensions, and a stock ma...The Motley Fool
Wed, Apr 2
