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BofA cuts PT on Hims & Hers, cites near-term pressure from branded GLP-1 shift
Brokerage BofA Global Research cuts PT on telehealth provider Hims & Hers Health HIMS.N to $21 from $23 New PT represents 7.7% upside to stock's last closeBofA says co's shift to branded GLP-1 drugs and bigger international revenue mix should pressure near-term margins but could support ...Reuters
Wed, Apr 8
Stocks
CANADA STOCKS-TSX jumps over 1% as US-Iran truce calms investors
TSX up 1.57%Blackline Safety jumps 25.5%, Shopify gains 5.8%Oil prices below $95 a barrel April 8 (Reuters) - Canada's main stock index jumped on Wednesday, as mining stocks led broad-based gains after a U.S.-Iran ceasefire lifted investor sentiment. At 10 a.m. ET, the S&P/TSX Com...Reuters
Wed, Apr 8
Commodities
PRECIOUS-Gold hits nearly three-week high after US-Iran ceasefire
Spot gold up 1.6%Oil tumbles below $100 a barrel Minutes of Fed's March meeting due to be released at 2 p.m. EDT Silver, platinum up nearly 5%By Ashitha Shivaprasad April 8 (Reuters) - Gold scaled nearly a three‑week peak on Wednesday, as the U.S. dollar and oil prices fell after Washington a...Reuters
Wed, Apr 8
Cryptocurrencies
LIVE MARKETS-Hormuz crypto tolls raise questions for the dollar
US stocks sharply higher; Nasdaq out front, up ~2.8%Industrials lead S&P 500 sector gainers; Energy sole loserEuro STOXX 600 index advances >4%Dollar slides; US crude collapsing >15%; gold up >1%; bitcoin up >3%US 10-Year Treasury yield falls to ~4.27%Welcome to the home for real-tim...Reuters
Wed, Apr 8
Other
U.S. RESEARCH ROUNDUP-3M, CME Group, TransDigm Group
April 8 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including 3M, CME Group and TransDigm Group, on Wednesday. HIGHLIGHTS3M Co MMM.N: RBC cuts target price to $125 from $136CME Group Inc CME.O: KBW resumes coverage with m...Reuters
Wed, Apr 8
Stocks
Eramet reaffirms shareholder support for capital hike as Duvals hire adviser
Eramet confirms top shareholder has hired adviser on capital hike but says it's standard practiceFT report said Duval family hired bank to consider options including stake saleCapital increase part of plan to revive struggling mining groupBy Gus Trompiz and Akanksha Khushi April 8 (Reuters) -...Reuters
Wed, Apr 8
Commodities
Rio Tinto Group And Century Aluminum Hike US Surcharge By About 12% As War Disrupts Supply - Bloomberg News
April 8 (Reuters) - RIO TINTO GROUP AND CENTURY ALUMINUM HIKE US SURCHARGE BY ABOUT 12% AS WAR DISRUPTS SUPPLY - BLOOMBERG NEWSSource text: https://tinyurl.com/27b2f8y7Reuters
Wed, Apr 8
Commodities
Iran threatens ships attempting Hormuz transit without permission, shipping sources say
LONDON, April 8 (Reuters) - The Iranian navy threatened ships attempting to pass through the Strait of Hormuz without Tehran's permission with destruction, adding that transit through the waterway remained shut, according to several shipping sources. "Any vessel trying to travel into the sea...Reuters
Wed, Apr 8
Other
Fitch Says Brazil's Redata Program Delay Raises Uncertainty Around Data Center Expansion
April 8 (Reuters) - FITCH:FITCH: BRAZIL'S REDATA PROGRAM DELAY RAISES UNCERTAINTY AROUND DATA CENTER EXPANSIONFITCH: UNTIL REDATA'S PATH BECOMES CLEARER, UNCERTAINTY WILL LIKELY WEIGH ON INVESTMENT DECISIONS ACROSS BRAZIL'S DATA CENTER SECTORReuters
Wed, Apr 8
Market Movers
Exxon Mobil Corp Stock (XOM) Moved Down by 6.02% on Apr 8: What Signal Does It Send?
• Crude oil prices dropped due to a potential Strait of Hormuz reopening. • ExxonMobil faced production disruptions in Qatar and UAE. • Analyst sentiment shifted with a downgrade from "Hold" to "Sell."
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Wed, Apr 8
Market Movers
JPMorgan Chase & Co Stock (JPM) Moved Up by 3.05% on Apr 8: Facts Behind the Movement
• US-Iran ceasefire agreement boosted market, lowered oil prices. • Resurgence in M&A activity benefits investment banks like JPMorgan. • Analysts anticipate strong Q1 2026 earnings and revenue growth for JPMorgan.
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Wed, Apr 8
Market Movers
Albany International Corp Stock (AIN) Moved Up by 5.38% on Apr 8: What Investors Need To Know
• AIN stock price rose, influenced by perceived undervaluation and optimism. • Analysts project Q1 2026 EPS at $0.53, with a "Hold" consensus rating. • Concerns include weak returns and reliance on aerospace programs.
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Wed, Apr 8
Other
FedEx trucking spinoff targets 2026 operating margin of 12%
April 8 (Reuters) - FedEx Freight, the trucking company separating from the overnight delivery firm this summer, is expected to report an operating margin of 12% this year, incoming CEO John Smith told investors on Wednesday. That is based on expected revenue of $8.7 billion and adjusted operating i...Reuters
Wed, Apr 8
Stocks
LIVE MARKETS-Wall Street indexes up more than 2% early, with Nasdaq in lead
US stocks sharply higherIndustrials lead S&P 500 sector gainers; Energy sole loserEuro STOXX 600 index advances ~4%Dollar slides; US crude collapsing >15%; gold up ~2%; bitcoin up >3%US 10-Year Treasury yield falls to ~4.26%Welcome to the home for real-time coverage of markets brought to y...Reuters
Wed, Apr 8
Other
Chinese electric truck maker Windrose makes first US delivery
BEIJING, April 8 (Reuters) - Chinese electric truck startup Windrose said it had made the first delivery of its long‑haul electric heavy truck in the United States, marking a key step in its global expansion.The vehicle, priced at $285,000, was handed over to Texas logistics firm Allogic and chargin...Reuters
Wed, Apr 8
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