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QUOTES-Reaction to Trump's threat of 50% tariffs on EU goods
LONDON, May 23 (Reuters) - U.S. President Donald Trump threatened once again on Friday to ramp up his trade war, recommending a 50% tariff on European Union goods starting June 1 and warning Apple AAPL.O he may impose a 25% tariff on iPhones manufactured outside the U.S. Here is some reaction to ...
Reuters
Fri, May 23
Perpetua submits application for up to $2 billion loan to US EXIM for antimony project
May 23 (Reuters) - Perpetua Resources PPTA.O said on Friday it had submitted a formal application to the U.S. Export-Import Bank for potential debt financing of up to $2 billion to construct its Idaho antimony and gold Stibnite project.The company had received a letter of interest from the EXIM Ban...
Reuters
Fri, May 23
Delcath Systems rises after Wainwright PT raise
** Shares of medical device maker Delcath Systems DCTH.O up 2% at $16.43** H.C. Wainwright raises PT on DCTH to $29 from $24** DCTH's intention to enter into a Medicaid National Drug Rebate (NDRA) Agreement "is prudent given that it could not only aid in accessing a larger patient base but a...
Reuters
Fri, May 23
LIVE MARKETS-Individual investor bulls and bears crisscross - AAII
Main US indexes red, but off lows; Nasdaq down ~1.1%Tech weakest S&P 500 sector; Utilities up, Staples ~flatEuro STOXX 600 index down ~1%Dollar down ~0.7%; bitcoin down >1.5%; crude up; gold up ~2%US 10-Year Treasury yield falls to ~4.50%Welcome to the home for real-time coverage of markets b...
Reuters
Fri, May 23
INSTANT VIEW-Markets fall as Trump recommends 50% tariff on EU, targets Apple
LONDON/NEW YORK, May 23 (Reuters) - U.S. President Donald Trump cranked up his trade threats on Friday, targeting both smartphone giant Apple AAPL.O along with imports from the European Union, roiling global markets.Trump threatened to impose a 25% tariff on Apple for any iPhones sold, but not manuf...
Reuters
Fri, May 23
U.S. STOCKS ON THE MOVE-Oklo, Uranium stocks, Workday
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes fell on Friday after U.S. President Donald Trump recommended 50% tariffs on the European Union, while Apple slid after he warned the company would have to pay ...
Reuters
Fri, May 23
US STOCKS-Wall St falls after Trump threatens steep tariffs on EU, Apple
Indexes down: Dow 0.79%, S&P 500 0.94%, Nasdaq 1.2%Trump announces 25% tariffs on iPhones not made in USWall Street's 'fear gauge' spikes to over two-week highBy Shashwat Chauhan and Kanchana Chakravarty May 23 (Reuters) - Wall Street's main indexes slumped on Friday after U.S...
Reuters
Fri, May 23
Wix.com raised at Baird as product becomes ’increasingly compelling’
Investing.com -- Baird lifted its rating for shares of Wix (NASDAQ:WIX).com to Outperform in a note Friday, lowering its price target for the stock to $190 from $215 a share.The firm pointed to improv
Investing.com
Fri, May 23
Building a Passive Income Stream: 3 Top Dividend ETFs for Long-Term Returns
There are dozens of excellent low-cost index funds that pay dividends and could be great choices for long-term investors. However, a few stand out as particularly good combinations of income, long-term total return potential, and truly passive set-it-and-forget-it qualities.Most of my favorite incom...
The Motley Fool
Fri, May 23
Gold miners gain amid renewed tariff threats and a weak US dollar
** Shares of gold miners rise, tracking gains in bullion prices GOL/** Spot gold XAU= up ~2% at $3,357.71/ounce** Gold prices rise on a weaker U.S. dollar and renewed tariff threats from U.S. President Donald Trump** A weaker U.S. dollar makes the greenback-priced gold cheaper for holders of other c...
Reuters
Fri, May 23
Citi starts coverage of these ’safe haven’ food distributor stocks
Investing.com -- Citi initiated coverage on U.S. food distributors, calling the group a “relatively safe haven for macro and tariff concerns” and issuing Buy ratings on Performance Food Group (NYSE:PF
Investing.com
Fri, May 23
South African rand boosted by gold, focus on rate decision next week
By Sfundo Parakozov JOHANNESBURG, May 23 (Reuters) - South Africa's commodity-backed currency was stronger against a weaker dollar on Friday, helped by higher gold prices as worries over the United States' worsening fiscal health sent investors into the safe-haven asset.At 1513 GMT, the ...
Reuters
Fri, May 23
3 Reasons to Buy Amazon Stock Like There's No Tomorrow
The S&P 500 is making its way back up from a tariff-included plummet, but not all of its stocks are doing as well. Amazon (NASDAQ: AMZN) stock is down 8% year-to-date on May 22, as investors continue to worry about how the company will be affected by tariffs.CEO Andy Jassy addressed how the company ...
The Motley Fool
Fri, May 23
Guardian Pharmacy falls after shareholders trim stake in public offering
** Guardian Pharmacy Services' GRDN.N shares fall as much as 4.8%; last down 3.6% at $21.78** Pharmacy services firm late Thursday announced pricing of its stock offering of 7.5 million shares at $21 apiece** Offering priced at 7% discount to stock's last close** Selling stockholders includi...
Reuters
Fri, May 23
Bessent says Trump tariff threat may light a fire under EU in trade talks
Trump's 50% tariff threat aims to pressure EU in trade negotiationsBessent criticizes EU's trade offers compared to other partnersTrump considers 25% tariff on iPhones to boost US manufacturingBy David Lawder BANFF, Alberta, May 23 (Reuters) - Treasury Secretary Scott Bessent said on Frid...
Reuters
Fri, May 23
Mizuho’s Klein on Trump/Apple: ’Tim Cook has no great outcomes here’
Investing.com -- In a note to clients on Friday, Mizuho TMT specialist Jordan Klein warned that escalating rhetoric from President Donald Trump targeting Apple (NASDAQ:AAPL) could spell trouble for th
Investing.com
Fri, May 23
EMERGING MARKETS-Latam stocks drop as Trump unleashes fresh tariff threats
Latam FX down 0.3%, stocks off 0.8%Trump talks of hitting EU with 50% tariff, targets AppleMexico posts $83 mln s/a trade surplus in AprilBy Nikhil Sharma and Pranav Kashyap May 23 (Reuters) - Latin American equities fell on Friday, as U.S. President Donald Trump's latest unexpected trade bom...
Reuters
Fri, May 23
INSTANT VIEW-Markets fall as Trump recommends 50% tariff on EU, targets Apple
LONDON/NEW YORK, May 23 (Reuters) - U.S. President Donald Trump cranked up his trade threats on Friday, targeting both smartphone giant Apple AAPL.O along with imports from the entire European Union, roiling global markets.Trump threatened to impose a 25% tariff on Apple for any iPhones sold, but no...
Reuters
Fri, May 23
Why Deckers Stock Tumbled Today
Shares of Deckers (NYSE: DECK) were taking a dive today after the footwear maker beat fiscal fourth-quarter earnings estimates but offered disappointing guidance for the current quarter. Sales of the Hoka brand also decelerated faster than expected.As of 9:59 a.m. ET, the stock was down 22.2% on the...
The Motley Fool
Fri, May 23
GLOBAL MARKETS-Dollar, stocks fall as Trump targets Europe and Apple in tariff threats
Trump labels the EU 'difficult to deal with' Dollar down, heads for first weekly loss Gold, yen and government bonds gain on haven demand Apple shares knocked by direct new tariff threat By Caroline Valetkevitch and Naomi Rovnick NEW YORK/LONDON May 23 (Reuters) - Major stock indexes and...
Reuters
Fri, May 23
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