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If Online Prediction Markets Are Any Guide, Bitcoin Still Has a 35% Chance of Hitting $125,000 in 2025
As soon as new global tariffs were announced on April 2, Bitcoin (CRYPTO: BTC) started to head lower. It now trades under $80,000. That price level would have been unthinkable just two months ago. On Jan. 20, Bitcoin traded at an all-time high of $109,000.Here's the good news -- a surprising number ...The Motley Fool
Thu, Apr 10
Used-car retailer CarMax misses fourth-quarter profit expectations
April 10 (Reuters) - Used-car retailer CarMax KMX.N on Thursday reported a fourth-quarter profit that missed Wall Street estimates, as higher borrowing costs kept some consumers from making big ticket purchases.Shares of the Richmond, Virginia-based company fell 7.5% in premarket trading.Used-ca...Reuters
Thu, Apr 10
Vsee Health Inc expected to post a loss of 9 cents a share - Earnings Preview
Vsee Health Inc VSEE.OQ VSEE.O is expected to report resultson April 12 (estimated) for the period ending December 31 2024The Boca Raton Florida-based company is expected to report revenue of $3.522 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst est...Reuters
Thu, Apr 10
RPT-BREAKINGVIEWS-US-China trade clash risks all-out financial war
By Hudson LockettHONG KONG, April 10 (Reuters Breakingviews) - In the end, Donald Trump both blinked and doubled down on tariffs. As the U.S. president announced a 90-day pause on “reciprocal” levies for most major trading partners on Wednesday, he also raised those on China from 104% to 125%. The u...Reuters
Thu, Apr 10
Prediction: Alphabet Will Spin Off Waymo Within 5 Years
One of the most intriguing growth opportunities for Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) these days is in robotaxis, via its Waymo business. It has the potential to revolutionize the taxi industry. Last year, it averaged 150,000 trips per week, and that number is going to climb even higher this ye...The Motley Fool
Thu, Apr 10
US asset managers fall as US-China trade war escalates
** Shares of U.S. asset managers fall premarket, paring Wednesday's gains after U.S. President Donald Trump's move to temporarily lower the heavy tariffs on dozens of countries** Trump also increased tariffs on China to 125% from 104%** KKR KKR.N down 3.8%, Blackstone BX.N falls 3.1%, Apollo...Reuters
Thu, Apr 10
CANADA STOCKS-TSX futures slip after rally on Trump's tariff pause
April 10 (Reuters) - Futures tied to Canada's main stock index fell on Thursday, mirroring Wall Street peers, a day after U.S. President Donald Trump announced a 90-day pause on some tariffs for most trading partners.The futures on the S&P/TSX index SXFcv1 were down 1.3% at 7:26 a.m. ET (112...Reuters
Thu, Apr 10
GLOBAL MARKETS-Stocks soar in relief rally after Trump's tariff pause
Europe, Asia stocks rally sharply after Trump pauses most tariffsUS futures lower after biggest jump since 2008Chinese equities rise even as US tariffs take holdBond market rout stabilisesBy Samuel Indyk and Rae Wee LONDON/SINGAPORE, April 10 (Reuters) - Global shares surged and a manic bond sell...Reuters
Thu, Apr 10
U.S. STOCKS ON THE MOVE-Ford Motor, General Motors, AES
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures fell on Thursday after a blistering rally in the previous session following U.S. President Donald Trump's move to temporarily lower the heavy tariffs on dozens o...Reuters
Thu, Apr 10
1 Unstoppable Chip Company That Could Soar to a $1 Trillion Valuation
Although the market is in a downturn right now, I've still got my eyes on the horizon. Depending on the effects of tariffs, we could be in for some more stock market pain over the next few months, but if that timeline is stretched out to three or five years, today's stock prices start to make a lot ...The Motley Fool
Thu, Apr 10
CarMax falls on Q4 profit miss
** Shares of used-car retailer CarMax KMX.N fall 6.9% to $74.5 premarket ** Co reports Q4 profit of 58 cents/share, missing analysts' average estimate of 65 cents/share - data compiled by LSEG** Co posts Q4 revenue of $6 billion vs estimates of $5.96 billion ** Decline comes as U.S. President Do...Reuters
Thu, Apr 10
2 Reasons Nu Holdings Stock Is a Buy Before May 13
Nu Holdings (NYSE: NU) has become one of the cheapest growth stocks on the market today. Not familiar with it? Many U.S. investors have likely never heard of the Brazil-based digital banking platform. But the statistics below should have you convinced that this is innovative business is one you'll w...The Motley Fool
Thu, Apr 10
Qatar's QIA denies reported interest in Kering building in Milan
Newspaper had said QIA was eyeing stake in Milan buildingKering looking for investors in real estate assetsLuxury group's debt has surged. Flagship brand Gucci struggling April 10 (Reuters) - The Qatar Investment Authority said on Thursday it had no intention to buy Kering's PRTP.PA pre...Reuters
Thu, Apr 10
AES Corp falls after Jefferies cuts rating on slower growth prospects
** Utility firm AES Corp's AES.N shares down 2.3% to $10.90 premarket** Jefferies downgrades company's shares to "hold" from "buy"; cuts PT to $10 from $15** Brokerage cites slower growth prospects in a difficult market and weakness in company's balance sheet as drivers f...Reuters
Thu, Apr 10
Keros Therapeutics adopts poison pill as it explores options, including sale
April 10 (Reuters) - Keros Therapeutics KROS.O has adopted a poison pill defense to fend off hostile takeovers, after some investors indicated a desire to influence the control of the drug developer.The poison pill, known as a limited-duration stockholder rights plan, was intended to protect the int...Reuters
Thu, Apr 10
US fintechs fall as escalating US-China trade war extends market rout
** Shares of U.S. fintech companies fall premarket, paring Wednesday's gains after U.S. President Donald Trump's move to temporarily lower the heavy tariffs on dozens of countries** Trump also increased tariffs on China to 125% from 104%** Affirm AFRM.O down 3.6%, Pagaya Technologies PGY.O f...Reuters
Thu, Apr 10
2 Artificial Intelligence (AI) Stocks Poised for Big Gains in the Next 5 Years
There's a lot of panic and fear in the market right now, caused by the Trump administration's tariff announcements. Artificial intelligence (AI) stocks, in particular, have been slammed as investors move their money from risky stocks to more conservative investments.While I understand why, I'm more ...The Motley Fool
Thu, Apr 10
MORNING BID AMERICAS-Ninety more days of guesswork
By Mike Dolan LONDON, April 10 (Reuters) - What matters in U.S. and global markets todayBy Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets Even compared to other market rollercoasters, the one we've been on over the last week has been extreme. We've seen some of ...Reuters
Thu, Apr 10
Ford falls after Goldman downgrade on tariff and demand concerns
** Automaker Ford's F.N shares down 3.3% to $9.19 premarket** Brokerage Goldman Sachs downgrades stock to "neutral" from "buy"** Brokerage sees downside for Ford due to increased international competition, weaker consumer demand, and expected higher tariff costs, prompting a rati...Reuters
Thu, Apr 10
