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US STOCKS-Selloff accelerates on Wall Street as traders weigh tariff risks
Indexes down: Dow 4.61%, S&P 500 5.45%, Nasdaq 6.48%CarMax falls as Q4 profit misses estimatesMarch CPI at 2.4% YoY vs 2.6% estimateBy Shashwat Chauhan and Purvi Agarwal April 10 (Reuters) - Wall Street's main indexes tumbled on Thursday on concerns over the impact of high U.S. tariff...Reuters
Thu, Apr 10
Why Intel Stock Is Plummeting Today
Shares of Intel (NASDAQ: INTC) are falling on Thursday. The chipmaker's stock had lost 8.7% as of 12:20 p.m. ET. The drop comes as the S&P 500 and Nasdaq Composite both lost more than 5%.Intel's stock is feeling pressure from the ongoing trade war with China as well as a Reuters report today that re...The Motley Fool
Thu, Apr 10
MS upgrades Carnival, prefers Royal Caribbean amid recession risks, demand drop
Investing.com -- Morgan Stanley flagged the weakest U.S. cruise demand in three years following fresh channel checks, prompting earnings and price target cuts across the sector. The brokerage CarnivalInvesting.com
Thu, Apr 10
QUOTES-Wall Street turns sharply lower as markets' tariff chaos continues
April 10 (Reuters) - Wall Street's main indexes fell hard again on Thursday on concerns over the impact of high tariffs on the global economy, marking a U-turn from the previous session's historic share gains when U.S. President Donald Trump moved to temporarily lower the levies on some coun...Reuters
Thu, Apr 10
European shares notch best day in over three years after Trump's tariff pause
Tesco warns of profit fall, shares drop EU suspends tariff countermeasures Euro zone volatility index remains high Barry Callebaut shares plummet amid cocoa price volatilityBy Sukriti Gupta, Medha Singh and Lisa Pauline Mattackal April 10 (Reuters) - European shares jumped on Thursday, with most ...Reuters
Thu, Apr 10
Novavax tumbles as Kennedy raises questions over COVID vaccine
** Shares of vaccine maker Novavax NVAX.O fall 23.3% to $5.18, following comments by Health Secretary Robert F. Kennedy Jr. about the company's COVID-19 vaccine in an interview with CBS ** Kennedy, in response to whether the the FDA delay in traditional approval of the vaccine was due to reshuff...Reuters
Thu, Apr 10
US STOCKS SNAPSHOT-S&P 500 plunges 5% as tariff worries return to fore
April 10 (Reuters) - Wall Street's main indexes extended declines in afternoon trading on Thursday, with the benchmark S&P 500 plunging more than 5% as investor concerns about the economic damage from U.S. tariff policies returned to the fore.Stocks shot higher on Wednesday after U.S. Presid...Reuters
Thu, Apr 10
Why U.S. Steel Stock Slumped Today
In the middle of a trade war, with tariff threats flying fast and furious, you might expect a big commodity company like United States Steel (NYSE: X) to suffer serious damage.But it hasn't. Being part of an industry that tariffs are intended to protect has insulated the company from the worst of th...The Motley Fool
Thu, Apr 10
Crypto stocks track bitcoin decline as markets slump
** Cryptocurrency and blockchain-related stocks drop on Thurs as Wall Street selloff resumes** Bitcoin BTC=, world's biggest cryptocurrency, down 5.6% to $78,612, while Ether ETH= falling 11% to $1,490** Major stock indexes falling sharply on Thurs following an epic relief rally on Weds after Tr...Reuters
Thu, Apr 10
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
