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Here's Why 3M Stock Crushed the Market Today
Shares of 3M (NYSE: MMM) rose by 8% before 11 a.m. on Tuesday as the market digested an impressive first-quarter earnings report.An excellent quarter for 3MSales came in at the high end of the intra-quarter adjustments to management's outlook given in March, and margins and profits were significantl...
The Motley Fool
Apr 22, 2025
Wells Fargo lowers parcel estimates, UPS stock downgraded
Investing.com -- Wells Fargo downgraded United Parcel Service (NYSE:UPS) stock to Equal Weight from Overweight and cut its price target to $98 in a note Tuesday, citing mounting trade headwinds an
Investing.com
Apr 22, 2025
Meta launches Edits, a video app aimed at creators
Investing.com -- Meta Platforms Inc (NASDAQ:META) has officially launched Edits, a standalone mobile video creation app designed to help creators produce high-quality content, including Instagram Reel
Investing.com
Apr 22, 2025
Why Nvidia Stock Is Jumping Today
Nvidia (NASDAQ: NVDA) stock is moving higher on Tuesday as the broader market rebounds from Monday's declines. The GPU leader's share price was up by 2.4% as of 12:48 p.m. ET. At the same point in the day, the S&P 500 was up 2.6%, and the Nasdaq Composite had risen 3%. Nvidia stock had been up as mu...
The Motley Fool
Apr 22, 2025
Tesla shorts up $11.5 billion for the year with positioning bearish
April 22 (Reuters) - Tesla TSLA.O short sellers are up an estimated $11.5 billion for the year-to-date and positioning is bearish going into the electric vehicle maker's quarterly results due after market close, according to the latest report from S3 Partners.Tesla shares have tumbled 40% so far...
Reuters
Apr 22, 2025
Trade deals are key to halting US tech decline, Wedbush's Ives says
Investing.com -- Wedbush tech analyst Dan Ives highlighted the urgent need for trade deals to address the challenges facing the US technology sector amid ongoing tariff disputes. The analysts pointed
Investing.com
Apr 22, 2025
Here's Why Shares in This Water Company Gushed Higher Today
Shares in water technology and pool products company Pentair (NYSE: PNR) surged by 10.7% in early morning trading on Tuesday. This kind of performance might be expected in the current environment, whereby merely maintaining full-year guidance is a major positive.In addition, management served notice...
The Motley Fool
Apr 22, 2025
LIVE MARKETS-Stocks may need to retest lows for rally to hold
Main US indexes rally; Nasdaq, up ~3%, out frontAll S&P 500 sectors green; Cons Disc, up ~4%, leadsDollar gains; crude up ~3%; bitcoin up ~4%; gold off ~1%US 10-Year Treasury yield dips to ~4.38%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can sh...
Reuters
Apr 22, 2025
TD Cowen downgrades Utz Brands on salty snack headwinds, low M&A prospects
Investing.com -- TD Cowen downgraded Utz Brands to Hold from Buy and cut its price target to $15 on persistent weakness in the salty snack category, increased promotional pressure, and reduced likelih
Investing.com
Apr 22, 2025
Why Northrop Grumman Stock Is Plummeting Today
The stock of Northrop Grumman (NYSE: NOC) is getting hit with big sell-offs Tuesday following the company's recently published first-quarter results. The share price was down 11.4% as of noon ET today amid the backdrop of a 1.9% gain for the S&P 500.Northrop posted its first-quarter Q1 results befor...
The Motley Fool
Apr 22, 2025
Quest Diagnostics surges after quarterly profit beat
** Shares of lab operator Quest Diagnostics DGX.N surge 8.7% to $175.84** Stock set for its best day in nearly five years, if gains hold** DGX posts Q1 adj. profit of $2.21 per share helped by robust demand for its diagnostic tests, beating analysts' estimates of $2.15 according to data compiled...
Reuters
Apr 22, 2025
UK's FTSE 100 extends gains as consumer staples rally
FTSE 100 up 0.6%, FTSE 250 flat IMF cuts UK's 2025 growth forecast from 1.6% to 1.1%J Sainsbury climbs after J.P. Morgan target price increaseDCC shares drop after healthcare division sale announcement April 22 (Reuters) - Britain's FTSE 100 index edged higher on Tuesday, extending it...
Reuters
Apr 22, 2025
European shares close higher as financials, L'Oreal rise; Fed spat still a worry
Swiss insurers Helvetia and Baloise to merge; shares up Novo Nordisk drops after positive trial results of Lilly's weight loss pillL'Oreal advances after reporting rise in Q1 salesBy Sukriti Gupta, Medha Singh and Nikhil Sharma April 22 (Reuters) - European shares ended slightly highe...
Reuters
Apr 22, 2025
Northern Trust rises after higher Q1 profit
** Asset and wealth manager Northern Trust's NTRS.O shares up 3% at $89.38** Northern Trust reports an 83% rise in first-quarter profit, helped by higher fee income from servicing and managing client assets** Company posts Q1 net income of $392 mln, or $1.90 per share, compared with $214.7 mln, ...
Reuters
Apr 22, 2025
Brokerages slash S&P 500 annual targets, GDP forecasts on tariff turmoil
April 22 (Reuters) - Analysts expect U.S. President Donald Trump's tariffs to weaken global economic growth, fuel volatility in markets and raise inflationary pressures. Last week, Jefferies slashed its S&P 500 annual target .SPX to 5,300, the lowest on Wall Street, from its previous forec...
Reuters
Apr 22, 2025
US STOCKS-Wall St bounces back after selloff as investors assess earnings
Indexes up: Dow 1.98%, S&P 500 1.90%, Nasdaq 2.09%3M jumps after results Northrop Grumman, RTX tumble IMF cuts US growth forecastBy Lisa Pauline Mattackal and Purvi Agarwal April 22 (Reuters) - Wall Street's main indexes rebounded on Tuesday from a steep selloff in the previous sessio...
Reuters
Apr 22, 2025
Marathon Bancorp begins trading after listing on Nasdaq
** Community bank Marathon Bancorp MBBC.O begins trading on Nasdaq under symbol "MBBC" after completion of its mutual-to-stock conversion and related stock offering** Stock opened at $12 on Nasdaq, last trading at $10.14** Mutual-to-stock conversion occurs when financial institutions such as...
Reuters
Apr 22, 2025
Stocks Market Jumps 2%, but Today's Data Was Worse Than You Think
Economic and earnings data were weak this morning, but that didn't stop the stock market from surging over 2%. Is this a bull market trap or a sustainable turnaround? Travis Hoium digs into the latest news.*Stock prices used were end-of-day prices of April 21, 2025. The video was published on April ...
The Motley Fool
Apr 22, 2025
PREVIEW: Boeing seen reporting 17.3% year-on-year revenue increase
** Shares of Boeing Co BA.N rose by 0.8% amid a broader rally ahead of its qtrly results expected before the opening bell Weds** Aerospace co expected to post adj loss/shr of $1.27, compared with yr-ago qtr's $1.13 loss/sh, on rev of $19.43 bln, a 17.3% y/y increase, according to LSEG** BA has f...
Reuters
Apr 22, 2025
Why Novo Nordisk Stock Popped Today
Novo Nordisk (NYSE: NVO), the Danish drugmaker that's been riding high ever since it began putting out Ozempic and Wegovy GLP-1 injectables for treatment of diabetes and weight loss, got another shot in the arm yesterday -- one that helped the stock dodge the market downturn entirely and end the day...
The Motley Fool
Apr 22, 2025
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