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Broadcom rises after $10 billion buyback while chipmakers recoup some tariff losses
** Networking and custom AI chipmaker Broadcom's AVGO.O shares rise 9.3% to $168.50 after closing up 5.3% on Monday** Co on Monday announced $10 billion share repurchase program** CEO Hock Tan says move underscores confidence in AVGO's artificial intelligence investments** Brokerage Keybanc ...Reuters
Apr 8, 2025
Can XRP Overtake Bitcoin?
Ever since it launched in 2009, Bitcoin (CRYPTO: BTC) has stood alone as the world's most valuable cryptocurrency. More than 15 years later, it still accounts for a whopping 60% of the value of the cryptocurrency market.However, the tech industry is filled with stories of industry leaders that once ...The Motley Fool
Apr 8, 2025
Wall Street slide nets short sellers $127 bln
NEW YORK, April 8 (Reuters) - Short sellers targeting U.S. companies have gained $127 billion on paper from April 2 through Monday after President Donald Trump's sweeping tariffs sparked a sharp selloff in stocks, according to data and analytics company Ortex Technologies.The data, for U.S. comp...Reuters
Apr 8, 2025
US big banks rise as markets rebound on hopes for trade negotiations
** Shares of big U.S. banks rise, signaling a rebound, as investors keenly await any sign of the U.S. opening up for negotiations over some of the aggressive tariffs** JPMorgan Chase and Citigroup rise 6%, , Morgan Stanley up 5%** Wells Fargo and ...Reuters
Apr 8, 2025
Harley CEO Zeitz plans to retire this year amid turnaround
By Abhinav ParmarApril 8 (Reuters) - Harley-Davidson's HOG.N Jochen Zeitz plans to retire as CEO in 2025, the company said on Tuesday, ending a five-year tenure marked by efforts to revive the American motorcycle maker struggling with plummeting demand.Zeitz, who had helped revive German footwea...Reuters
Apr 8, 2025
LIVE MARKETS-Wall Street surges: a technical bounce, maybe?
U.S. equity indexes green; Nasdaq out front, up >4%All S&P 500 sectors rally; Tech, up >5%, leadsEuro STOXX 600 index up ~3.5%Dollar slips; gold, bitcoin gain; crude up >1%U.S. 10-Year Treasury yield rises to ~4.25%Welcome to the home for real-time coverage of markets brought to you by ...Reuters
Apr 8, 2025
Health insurers rise after boost to Medicare reimbursement rates
** Shares of some health insurers rise after the U.S. announced a 5.06% average increase in the government's final reimbursement rates for 2026 Medicare Advantage (MA) health plans** The rate increase is more than double of what was proposed in January** Shares of Medicare-focused insurer Humana...Reuters
Apr 8, 2025
C3.ai Is Down 58%, but Here's Why I'm Still Not Buying the AI Stock
C3.ai (NYSE: AI) has grown its business by bringing artificial intelligence (AI) capabilities to multiple organizations. The company developed more than 40 industry-specific solutions to help entities address their AI needs.Despite offering such benefits, the stock has fallen by 58% since peaking in...The Motley Fool
Apr 8, 2025
Energy firms rise on recovery in equity markets
** S&P 500 energy index .SPNY up 2% as oil prices rise O/R ** Brent crude futures LCOc1 up 0.3% at $64.38 a barrel and U.S. West Texas Intermediate (WTI) crude CLc1 rises 0.4% to $60.93 a barrel on recovery in equity markets ** Oil majors Chevron CVX.N and Exxon Mobil XOM.N up 1.5...Reuters
Apr 8, 2025
US STOCKS-Wall Street rebounds sharply on hopes of tariff talks
Indexes up: Dow 3.11%, S&P 500 3.16%, Nasdaq 3.65%Broadcom gains after launching new share buyback planMajor health insures rise after Medicare payment rate boostBy Shashwat Chauhan and Purvi Agarwal April 8 (Reuters) - Wall Street's main indexes on Tuesday bounced back from a heavy sello...Reuters
Apr 8, 2025
Baltic index falls to over 4-week low as rates dip across vessel segments
April 8 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which tracks rates for vessels moving dry bulk commodities, slipped to an over four-week low on Tuesday due to lower demand across vessels amid persistent trade tensions.* The main index .BADI, which monitors rates for capesiz...Reuters
Apr 8, 2025
Prediction: After Losing Over $1 Trillion in Market Cap This Year, Nvidia Stock Will Rebound in Epic Fashion. Here's Why.
For much of the past two years, the S&P 500 and Nasdaq Composite were fueled to record levels thanks to a small collective of megacap artificial intelligence (AI) stocks. Known as the "Magnificent Seven," Microsoft, Apple, Amazon, Alphabet, Meta Platforms, Tesla, and Nvidia (NASDAQ: NVDA) have large...The Motley Fool
Apr 8, 2025
Spire Global soars after litigation settlement agreement for maritime deal
** Shares of satellite operator Spire Global SPIR.N up 25% to $9.35 early Tues after reaching agreement over disputed deal for its maritime business ** SPIR shares on course for biggest one-day pct gain since Mar 19, 2024 ** Vienna, Virginia-based space-based data and analytics firm late Mon sai...Reuters
Apr 8, 2025
Where Will American Express Stock Be in 1 Year?
American Express (NYSE: AXP) shareholders are finding their wallets a bit lighter at the start of the year, as the stock has declined approximately 29% from its 52-week high. Despite the credit services giant posting record financial results for 2024, concerns about the strength of the U.S. economy ...The Motley Fool
Apr 8, 2025
Coal miners rise as Trump plans to sign executive orders to boost industry
** Shares of coal miners rise as U.S. President Donald Trump plans to sign executive orders on Tuesday aimed at boosting the nation's coal industry, according to a report by Reuters** Trump plans to sign orders directing the Interior and Energy Departments to take actions to support the coal ind...Reuters
Apr 8, 2025
Is Vertex Pharmaceuticals Stock a Buy?
Investors seeking relief from the stock market turbulence at the start of 2025 should take a close look at Vertex Pharmaceuticals (NASDAQ: VRTX). Compared to the S&P 500 index, which is down about 16% from its record high at the time of writing, Vertex shares have outperformed, up 20% year to date.V...The Motley Fool
Apr 8, 2025
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