News
Important Only
Economic Indicator
TREASURIES-Yields gyrate lower, investors mull weak GDP and stagflation scenario
By Alden Bentley NEW YORK, April 30 (Reuters) - Benchmark U.S. Treasury yields seesawed lower on Wednesday after a disappointing read on first-quarter U.S. growth underscored market reasoning that White House tariff uncertainty will both weaken growth and increase inflation in a dreaded "...Reuters
Wed, Apr 30
Stocks
Why GeneDx Holdings Stock Is Plunging Today
Shares of GeneDx Holdings (NASDAQ: WGS) were plunging 42.9% as of 11:21 a.m. ET on Wednesday. The steep decline came after the genetic diagnostics company announced its 2025 first-quarter earnings before the market opened.GeneDx reported Q1 revenue of $87.1 million, up 42% year over year. This resul...The Motley Fool
Wed, Apr 30
Other
US Senate Commerce panel votes to advance NASA, FCC nominees
By David Shepardson WASHINGTON, April 30 (Reuters) - The U.S. Senate Commerce Committee voted on Wednesday to advance President Donald Trump's nominees to head NASA and to serve as commissioner on the Federal Communications Commission.Trump's pick to head the space agency, entrepreneur Ja...Reuters
Wed, Apr 30
Other
Polestar Says Pausing Financial Guidance For 2025
April 30 (Reuters) - Polestar Automotive Holding Uk Plc A4N1y.F:POLESTAR: PAUSING FINANCIAL GUIDANCE FOR 2025POLESTAR: FILED NOTICE WITH SEC FOR MORE TIME TO COMPLETE WORK FOR 2024 ANNUAL REPORT, NOW EXPECTED BEFORE OR ON MAY 14POLESTAR: CONTINUES TO TARGET COMPOUND ANNUAL RETAIL SALES VOLUME GROWTH...Reuters
Wed, Apr 30
Stocks
Stanley Black & Decker cuts 2025 profit forecast as tariffs hit margins
By Anandita MehrotraApril 30(Reuters) - Stanley Black & Decker SWK.N cut its annual profit forecast on Wednesday, citing margin pressures and rising costs linked to U.S. President Donald Trump's broad tariffs, sending its shares down 3.4%. Trump's tariffs on metals such as aluminum and s...Reuters
Wed, Apr 30
Stocks
Tariff-induced volatility caused spike in derivative-related margin calls, data shows
By Laura Matthews April 30 (Reuters) - The value of derivative-related margin calls at hedge funds and other market participants nearly tripled after the Trump administration announced larger-than-expected U.S. tariffs this month, before declining after a 90-day pause, according to OSTTRA, which ...Reuters
Wed, Apr 30
Other
Airbus calls for return to duty-free status for aircraft and parts
PARIS, April 30 (Reuters) - Airbus AIR.PA called on Wednesday for a swift return to a 1979 agreement between more than 30 countries that for decades ensured duty-free trading for aircraft and parts until the recent eruption of a trade war.Chief Executive Guillaume Faury said there would be "only...Reuters
Wed, Apr 30
Stocks
Why Qorvo Stock Popped Today
Qorvo (NASDAQ: QRVO) stock jumped 10.5% through 10:35 a.m. ET Wednesday after beating analyst forecasts this morning.Heading into the company's fiscal Q4 2025 report, analysts forecast Qorvo would earn only $1 per share on sales of $850.5 million. In fact, the company earned $1.42 per share (adjuste...The Motley Fool
Wed, Apr 30
Economic Indicator
BREAKINGVIEWS-US economic stall hints at a freefall to come
By Gabriel Rubin WASHINGTON, April 30 (Reuters Breakingviews) - Though he wasn’t even president for the entire quarter, the first official report on the health of the U.S. economy in 2025 bears the unmistakable imprint of Donald Trump. An estimated 0.3% annualized decline in gross domestic produc...Reuters
Wed, Apr 30
Commodities
US oil output rose slightly in February as New Mexico hit record, EIA says
NEW YORK, April 30 (Reuters) - Total U.S. crude oil production rose to 13.16 million barrels per day (bpd) in February, up about 29,000 bpd from January, data from the U.S. Energy Information Administration showed on Wednesday.Crude oil output from New Mexico, the second largest oil producing state ...Reuters
Wed, Apr 30
Stocks
Why Illinois Tool Works Stock Is Under Pressure Today
Illinois Tool Works (NYSE: ITW) managed to top expectations for the quarter, but tariffs and macroeconomic concerns are weighing on the company.Investors are taking a glass-half-empty approach, sending shares of the diversified manufacturer down 4% as of 10:30 a.m. ET on Wednesday.Where to invest $1...The Motley Fool
Wed, Apr 30
Other
BREAKINGVIEWS-Silicon Valley’s Trump trade broke too many things
By Jeffrey Goldfarb NEW YORK, April 30 (Reuters Breakingviews) - The early returns from Silicon Valley’s attempted reprogramming of Washington are disastrous. Titans of technology either threw their support behind Donald Trump’s presidential campaign, or opened their wallets for him after he won ...Reuters
Wed, Apr 30
Stocks
US STOCKS-Wall Street tumbles as economy contracts for first time since 2022
Indexes down: Dow 0.54%, S&P 500 0.85%, Nasdaq 1.23%Q1 GDP GDP contracts at 0.3% rateSMCI plunges after Q3 forecast trim Indexes set for monthly declines By Lisa Pauline Mattackal and Purvi Agarwal April 30 (Reuters) - Wall Street's main indexes dropped on Wednesday after data showed the ...Reuters
Wed, Apr 30
Stocks
Novartis to buy kidney disease drug maker Regulus in up to $1.7 billion deal
By Bhanvi Satija and Mariam Sunny April 30 (Reuters) - Novartis NOVN.S has agreed to buy Regulus Therapeutics RGLS.O for up to $1.7 billion, giving the Swiss drugmaker access to an experimental drug to treat a life-threatening kidney disease.Under the deal terms, Novartis will pay $7 per share in...Reuters
Wed, Apr 30
Commodities
METALS-Copper falls more than 3%, on course for worst month since June 2022
By Ashitha Shivaprasad April 30 (Reuters) - Benchmark copper prices fell more than 3% on Wednesday, on track to register the biggest monthly decline since June 2022 against a backdrop of weak data from top metals consumer China and lingering trade uncertainty.Benchmark copper CMCU3 on the London ...Reuters
Wed, Apr 30
Stocks
LIVE MARKETS-Data tsunami: GDP, PCE, ADP, pending home sales, mortgages
US indexes red, but off lows; Nasdaq falls most, down >1%Energy weakest S&P 500 sector; Staples leads gainersEuro STOXX 600 index up ~0.3%Dollar gains; gold slips; bitcoin off ~1%; crude down ~3%US 10-Year Treasury yield edges up to ~4.18%Welcome to the home for real-time coverage of markets ...Reuters
Wed, Apr 30
Other
Head of Pakistan-administered Kashmir calls for international mediation
Head of Pakistan-administered Kashmir says Gulf states could helpSays aid agencies preparing supplies in case of conflictCalls for attention on Kashmir's long-term futurePakistan has said it expects India strike in coming daysBy Charlotte Greenfield ISLAMABAD, April 30 (Reuters) - The head of...Reuters
Wed, Apr 30
Stocks
Citadel Securities flags US regulator about 24-hour trading infrastructure risks
By Carolina Mandl NEW YORK, April 30 (Reuters) - Citadel Securities has sent the U.S. Securities and Exchange Commission a wish list for capital markets regulation, including warnings about the risks of 24-hour trading planned by exchanges.The market maker founded by billionaire investor Ken Grif...Reuters
Wed, Apr 30
Technical Analysis
Ethereum Price Forecast: ETH on-chain activity indicates mixed sentiment among investors
Ethereum (ETH) is down 3% on Wednesday following mixed signals across the top altcoin’s on-chain metrics. While futures traders appeared to be positioning for a downside move, spot traders maintained a modest buying pressure.
Fxstreet
Wed, Apr 30
Stocks
GeneDx set for worst day on record despite Q1 results beat
** Genetic testing company GeneDx WGS.O shares slump 41.5% to $68.43 and set for biggest one-day fall on record** Co posts Q1 rev of $87.1 mln, down 8.6% from last quarter's $95.3 mln** Reports net loss of $6.5 mln, or 23 cents per share, in Q1 ** WGS, however, beats analysts' estimates for ...Reuters
Wed, Apr 30
