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Plus Therapeutics rises as FDA grants orphan drug tag for pediatric brain cancer treatment
Shares of biotech firm Plus Therapeutics PSTV.O rise 15% to $3.36 premarketCo says the FDA granted orphan drug designation to experimental drug reyobiq for pediatric malignant gliomas, a rare and aggressive childhood brain cancer, which is hard to treat with surgery or chemotherapy aloneCo says reyo...Reuters
Wed, Apr 8
Commodities
PRECIOUS-Gold Climbs to Near Three-week High After US, Iran Agree to Ceasefire
April 8 (Reuters) - Gold rose to a near three-week high on Wednesday as oil prices and the dollar fell sharply after the U.S. and Iran agreed to a two-week ceasefire as talks began on a permanent end to the war.Reuters
Wed, Apr 8
Other
Israeli military launches largest strikes against Hezbollah in Lebanon
April 8 (Reuters) - The Israeli military said on Wednesday it had carried out the largest strikes against Lebanon's Hezbollah since this war began, striking the militant group's infrastructure within the heart of civilian areas across the country.Reuters
Wed, Apr 8
Other
Trump Announces 50% Tariffs on Nations Supplying Iran with Weapons
WASHINGTON, April 8 (Reuters) - U.S. President Donald Trump on Wednesday said any country supplying Iran with military weapons will face immediate 50% tariffs with no exemptions, announcing the duty in a social media post one day after agreeing to a two-week ceasefire with Tehran.Reuters
Wed, Apr 8
Economic Indicator
EUR: Supported with firmer data and ceasefire – BNY
BNY's Head of Markets Macro Strategy Bob Savage notes Eurozone producer prices fell on energy weakness while ex‑energy pressures stayed positive, and retail sales showed modest annual growth despite monthly softness.
Fxstreet
Wed, Apr 8
Other
American Ocean Minerals Corporation To Merge With Odyssey Marine Exploration, Inc., Creating A $1B U.S.-Controlled Deep-Sea Critical Minerals Platform
April 8 (Reuters) - Odyssey Marine Exploration Inc OMEX.O:AMERICAN OCEAN MINERALS CORPORATION TO MERGE WITH ODYSSEY MARINE EXPLORATION, INC., CREATING A $1B U.S.-CONTROLLED DEEP-SEA CRITICAL MINERALS PLATFORMODYSSEY MARINE EXPLORATION INC: PRIOR TO MERGER, ODYSSEY INTENDS TO EFFECT A 25-FOR-1 REVERS...Reuters
Wed, Apr 8
Other
White House says any in-person Iran-related talks not final until announced by Trump or White House
BUDAPEST, April 8 (Reuters) - There are discussions about in-person talks, but nothing is final until U.S. President Donald Trump or the White House make an announcement, White House spokeswoman Karoline Leavitt said on Wednesday after Washington and Tehran agreed to a two-week ceasefire.Reuters
Wed, Apr 8
Stocks
Why I'm Buying Growth Stocks While Everyone Else Is Panic-Selling Tech
Key PointsInvestors have been rotating out of tech and into value stocks.Some fear that AI infrastructure investment could be peaking.However, there are some signals that this is not the case.10 stocks we like better than Alphabet › The war with Iran brought about a major shift in the stock market.W...The Motley Fool
Wed, Apr 8
Stocks
Mortgage lender Better Home slides on $60 mln stock offering
Better Home & Finance's BETR.O shares slide 15.4% before the bell to $37.92 after follow-on offering pricesAI-native mortgage and home equity finance platform early Weds says it sold ~1.9 mln shares for expected gross raise of $60 mlnOffering price equates to about $32, which is a 28.6% disc...Reuters
Wed, Apr 8
Other
Morning News Call - Canada, April 8
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call U.S. -- a...Reuters
Wed, Apr 8
Other
Trump says US will work closely with Iran
WASHINGTON, April 8 (Reuters) - The United States will work closely with Iran, which has undergone "regime change," and will be talking about tariff and sanctions relief with Tehran, U.S. President Donald Trump said on Wednesday after declaring a two-week ceasefire."There will be no enri...Reuters
Wed, Apr 8
Other
Russia says it has summoned Japanese ambassador over Ukrainian drone investment
MOSCOW, April 8 (Reuters) - Russia's Foreign Ministry said on Wednesday that Moscow had summoned the Japanese ambassador in protest over an investment made by a Japanese startup in Ukrainian interceptor drone technology.The Japanese company, Terra Drone 278A.T, said in March it had invested an u...Reuters
Wed, Apr 8
Other
Swiss judge throws out one John Elkann lawsuit over Agnelli inheritance
Swiss court dismisses Elkann siblings' lawsuit, orders payment of legal costs to Margherita AgnelliElkann lawyers challenge ruling, main Swiss inheritance case still pendingMargherita Agnelli's team welcomes decision, says it may impact related Italian proceedings MILAN, April 8 (Reuters)...Reuters
Wed, Apr 8
Commodities
Gold: Ceasefire rally driven by yields and rates – Commerzbank
Commerzbank’s Carsten Fritsch reports that Gold jumped up to 3% to USD 4,855 per ounce after the 14‑day Middle East ceasefire, behaving unlike a classic safe haven. The move is linked to lower Oil prices, reduced inflation risks and softer rate expectations, which have pushed bond yields down.
Fxstreet
Wed, Apr 8
Other
Russia sees China's WeChat, Douyin as models for its homegrown Max messenger
By Gleb Bryanski MOSCOW, April 8 (Reuters) - Russia sees Chinese tech giant Tencent's 0700.HK WeChat messaging app and TikTok sister app Douyin as models for developing its own struggling Max messaging app, Vladimir Kiriyenko, CEO of state-controlled internet firm VK VKCO.MM, said on Wednesda...Reuters
Wed, Apr 8
Commodities
Energy crisis stemming from Iran conflict will not be short-lived, EU says
BRUSSELS, April 8 (Reuters) - The energy crisis caused by the Iran conflict will not be short-lived, an EU Commission spokesperson said on Wednesday. EU Commission spokesperson Anna-Kaisa Itkonen told reporters that around 8.5% of the bloc's LNG, 7% of its oil and 40% of its jet fuel and diesel ...Reuters
Wed, Apr 8
Stocks
2 Defense Stocks Worth Buying as Global Tensions Continue
Key PointsDefense contractors like Kraken Robotics and Lockheed Martin are poised to benefit from the future of warfare.Kraken Robotics is a key supplier of subsea batteries for underwater drones. Lockheed Martin dominates multiple fields within the defense sector. 10 stocks we like better than Lock...The Motley Fool
Wed, Apr 8
Stocks
Truist raises Amgen PT on expected Q1 beat, obesity focus
Brokerage Truist Securities raises drugmaker Amgen's AMGN.O PT to $325, a 4.4% downside to stock's last close, from $319; keeps "hold" rating ahead of Q1 resultsExpects modest revenue, EPS beat for Q1; revenue outlook at $9.18 bln vs consensus $8.58 bln and non-GAAP EPS of $5.24 vs $...Reuters
Wed, Apr 8
Commodities
GRAINS-Wheat slides 3% after Trump announces ceasefire
Wheat at two-week low, corn down nearly 1%, soybean edges higherDeep losses in oil market after Trump's ceasefire announcementWheat prices face bigger drop on improved supply prospectsBy Sybille de La Hamaide and Naveen Thukral PARIS/SINGAPORE, April 8 (Reuters) - Chicago wheat futures fe...Reuters
Wed, Apr 8
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