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Blackberry plunges on gloomy annual revenue forecast
** U.S.-listed shares of cybersecurity company Blackberry's BB.TO, BB.N shares fall 11% to $3.3 ** The company forecast drop in revenue for FY ending February 2026 vs FY25 as it struggles with weak demand for cybersecurity services from clients amid economic uncertainty** BB expects cybersecurit...Reuters
Apr 2, 2025
Warren Buffett's Approach to Buying Stocks in a Downturn Is Similar to How He Views Shopping
As of the end of last week, the S&P 500 was down more than 5% to start the year. The market is off to a brutal start, and investors are worried that there could be more trouble ahead given that trade wars and tariffs may weigh on the results of many businesses for the foreseeable future. Plus, at a ...The Motley Fool
Apr 2, 2025
CORRECTED-Truth Social files to allow Trump's trust to sell stock, Axios reports
April 2 (Reuters) - Trump Media & Technology Group DJT.O filed papers with the U.S. Securities and Exchange Commission on Wednesday that would allow President Donald Trump's trust to sell stock that could be worth $2.3 billion, Axios reported.Shares of Trump Media, which operates Trump's...Reuters
Apr 2, 2025
LIVE MARKETS-'Everything is awesome' no more: US banks face 'modest recession' reality
Main US indexes modestly red; Nasdaq off most, down ~0.5%All S&P 500 sectors decline; Cons Disc weakest groupEuro STOXX 600 index off falls ~1.1%Dollar, crude slip; bitcoin edges up; gold gainsU.S. 10-Year Treasury yield dips to ~4.13%Welcome to the home for real-time coverage of markets brought...Reuters
Apr 2, 2025
M-tron rises on $12 million aircraft component contract
** Shares of communication devices maker M-tron Industries MPTI.A rise 3.4% to $48** Co says it has been awarded a $12 million production contract from a major supplier to Boeing BA.N and Airbus AIR.PA ** Contract is for over 45 different electronic components, including filters and oscillators, to ...Reuters
Apr 2, 2025
Raymond James downgrades Third Coast to "market perform" on growth slowdown
** Brokerage Raymond James downgrades Texas lender Third Coast Bancshares TCBX.O to "market perform" from "outperform"** Says co's growth trajectory is poised to slow after significantly outpacing its peers in recent years** "We believe investor caution around its relatively ...Reuters
Apr 2, 2025
CANADA STOCKS-TSX opens lower with global markets on edge ahead of new US tariffs
April 2 (Reuters) - Canada's main stock index opened lower on Wednesday ahead of U.S. President Donald Trump's reciprocal tariff announcement, with investors fearing significant ripple effects on global economic growth.At 9:31 a.m. ET (1431 GMT), the Toronto Stock Exchange's S&P/TSX ...Reuters
Apr 2, 2025
US STOCKS SNAPSHOT-Wall St tumbles at open as Trump tariffs loom
April 2 (Reuters) - U.S. stock indexes opened sharply lower on Wednesday as investors awaited details of U.S. President Donald Trump's tariffs to assess their impact on the global economy, corporate earnings and inflation.The Dow Jones Industrial Average .DJI fell 342.35 points, or 0.82%, to 41,...Reuters
Apr 2, 2025
AngioDynamics Inc reports results for the quarter ended February 28 - Earnings Summary
AngioDynamics Inc ANGO.OQ reported quarterly adjusted earnings of 3 cents per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of -16 cents. The mean expectation of three analysts for the quarter was for a loss of 13 cents per share. W...Reuters
Apr 2, 2025
UniFirst Corp reports results for the quarter ended February 28 - Earnings Summary
UniFirst Corp UNF.N reported quarterly adjusted earnings of $1.40 per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of $1.22. The mean expectation of six analysts for the quarter was for earnings of $1.34 per share. Wall Street expe...Reuters
Apr 2, 2025
2 Cheap Tech Stocks I'm Buying Right Now
Market headwinds have rarely felt this intense. With international tensions reaching critical levels, trade networks under severe pressure, and inflation's relentless grip on consumer spending power, investors face a genuinely challenging landscape.Yet, amid the volatility lies opportunity. After a ...The Motley Fool
Apr 2, 2025
Chinese firms place $16 billion in order for new Nvidia chips, the Information reports
April 2 (Reuters) - Chinese companies including ByteDance, Alibaba Group 9988.HK and Tencent Holdings 0700.HK have placed at least $16 billion in orders for Nvidia's NVDA.O H20 server chips in the first three months of the year, the Information reported on Wednesday, citing two people with direc...
Reuters
Apr 2, 2025
Norwegian Cruise Line shares down after exchangeable debt refinancing
** Shares of Norwegian Cruise Line Holdings NCLH.N down 1.7% at $18.73 premarket after co announces exchangeable debt refinancing transaction** Miami, Florida-based co early Weds said subsidiary entered agreements with certain holders to swap ~$285.4 mln of 5.375% exchangeable notes due 2025 for $28...Reuters
Apr 2, 2025
LIVE MARKETS-Larger tariffs pose stagflationary risks, Citigroup says
U.S. equity index futures red: Nasdaq 100 down >1%Euro STOXX 600 index off falls ~1%Dollar, crude, bitcoin dip; gold gainsU.S. 10-Year Treasury yield falls to ~4.12%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at ma...Reuters
Apr 2, 2025
Allakos soars on buyout deal with Concentra Biosciences
** Shares of drug developer Allakos ALLK.O rise 45.6% to 32 cents premarket** Concentra Biosciences will buy Allakos for 33 cents per share in cash, a premium of 52% to ALLK's last close ** Allakos says a wholly owned subsidiary of Concentra will commence a tender offer by April 15 to acquire al...Reuters
Apr 2, 2025
U.S. STOCKS ON THE MOVE-Greenwich, CoreWeave, Blackberry
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures dropped on Wednesday as investors awaited details of U.S. President Donald Trump's tariff plansto assess their impact on the global economy, corporate earnings a...Reuters
Apr 2, 2025
Commodities broker Marex Group rises after Q1 prelim results
** Shares of British-based commodities broker Marex Group MRX.O rise 5.7% to $37.70 premarket** MRX provides preliminary Q1 results at its investor day, forecasts Q1 revenue to be between $449.3 million and $464.3 million** Analysts on average expect MRX to post Q1 revenue of $432.6 million - data c...Reuters
Apr 2, 2025
Every QuantumScape Investor Should Keep an Eye on These 3 Numbers
In 2020, QuantumScape (NYSE: QS) was one of the hot stocks to hold, according to Wall Street. The stock back rose as high as $115 per share with a market cap approaching $50 billion. Investors then swooned over the company's potential to revolutionize electric vehicle charging through solid-state li...The Motley Fool
Apr 2, 2025
Baltic index dip as rates across all vessels decline
April 2 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell for its seventh straight session on Wednesday, as rates declined for all vessel segments.* The main index .BADI, which tracks rates for capesize, panamax, and ...Reuters
Apr 2, 2025
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