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Google hopes to reach Gemini deal with Apple this year
By Jody Godoy April 30 (Reuters) - Google hopes to enter an agreement with Apple by the middle of this year to include its Gemini AI technology on new phones, CEO Sundar Pichai said in testimony at an antitrust trial in Washington on Wednesday. Pichai testified in the Alphabet GOOGL.O unit&#...Reuters
Wed, Apr 30
Commodities
Nearly 450,000 US customers without power after severe storm
April 30 (Reuters) - Nearly 450,000 customers in Pennsylvania were without power early on Wednesday, data from PowerOutage.us showed, a day after a storm system brought on severe weather to the central United States.Duquesne Light Company said late Tuesday it was working to restore power to more tha...Reuters
Wed, Apr 30
Other
Saudi wealth fund PIF raises $1.25 bln from year's second debt sale
By Shamsuddin Mohd, Hadeel Al Sayegh and Mohd Edrees April 30 (Reuters) - Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has sold $1.25 billion in 7-year sukuk, tapping the bond market for the second time this year as it pours billions of dollars into an ambitious pr...Reuters
Wed, Apr 30
Cryptocurrencies
Beyond Ethereum’s Limitations: Bitcoin Solaris’s 5-Year Plan Could Turn $1,000 into $1 Million
Ethereum changed the game with smart contracts and DeFi, but its high fees, slow upgrades, and congestion have left many frustrated. Now, Bitcoin Solaris (BTC-S) is stepping in with a bold vision, combining Bitcoin’s security with Solana’s blazing speed. With a live presale, rising buzz from influencers, and a fast-moving 5-year plan, BTC-S could turn […]Cryptopolitan
Wed, Apr 30
Technical Analysis
GBP/USD drops as US economy shrinks, inflation holds firm
The Pound Sterling tumbled against the US dollar as the economy in the United States contracted, as revealed by Gross Domestic Product (GDP) figures for Q1 2025. At the time of writing, the GBP/USD trades at 1.3331, down 0.51%
Fxstreet
Wed, Apr 30
Stocks
Stifel and J.P. Morgan lower PT on Ecolab post Q1 results
** Brokerages Stifel and J.P. Morgan cut price target on water solutions company Ecolab ECL.N after company posted lower Q1 profit on Tuesday** Stifel lowers PT to $303 from $307; implying a 22.7% upside to stock's last close** Brokerage says company will weather the impact from tariffs due to l...Reuters
Wed, Apr 30
Commodities
US targets Iran with fresh sanctions ahead of next nuclear talks
By Daphne Psaledakis WASHINGTON, April 30 (Reuters) - The United States on Wednesday imposed sanctions on entities it accused of being involved in the illicit trade of Iranian petroleum and petrochemicals ahead of a new round of U.S.-Iran negotiations on Saturday, as Washington seeks to ramp up p...Reuters
Wed, Apr 30
Commodities
Saudi Arabia signals it can live with lower oil prices, sources say
By Ahmad Ghaddar, Olesya Astakhova and Alex Lawler LONDON, April 30 (Reuters) - Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market with further supply cuts and can handle a prolonged period of low prices, five sources with kn...Reuters
Wed, Apr 30
Other
Nvidia CEO says Trump should revise AI chip export rules, Bloomberg News reports
April 30 (Reuters) - Nvidia NVDA.O CEO Jensen Huang said he would like the Trump administration to change the regulations related to exporting AI technology from the U.S. for businesses to better capitalize on future opportunities, Bloomberg News reported on Wednesday. The administration is consider...Reuters
Wed, Apr 30
Stocks
Stanley Black&Decker to raise prices and move supply chains due to U.S. tariffs
Investing.com -- Tool maker Stanley Black&Decker Inc (NYSE:SWK) said Wednesday that because of the U.S. tariffs, it raised prices in the “high-single digits” in April and will raise them further aInvesting.com
Wed, Apr 30
Stocks
Citadel Securities flags US securities regulator about 24-hour trading 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
Cryptocurrencies
Debifi Expands Bitcoin Lending Marketplace: Now Open to All Lenders
[Lugano, April 30, 2025] After a year of successful development and testing, Debifi is expanding its Bitcoin-backed lending marketplace. We now welcome institutional lenders of all sizes to earn secure, high-yield returns with full transparency and control through our 3-of-4 multisig escrow system. Today, Debifi features public lending offers ranging from $10,000 to $700,000. Offers […]Cryptopolitan
Wed, Apr 30
Stocks
Why Starbucks Stock Is Sliding Today
Shares of Starbucks (NASDAQ: SBUX) were heading lower today as the coffee chain reported disappointing results in its fiscal second-quarter earnings report last evening, though management said it continued to make progress in its turnaround strategy.As of 11:30 a.m. ET, the stock was down 7%.Where t...The Motley Fool
Wed, Apr 30
Other
Airbus first-quarter earnings beat forecasts, maintains targets
PARIS, April 30 (Reuters) - Europe’s Airbus AIR.PA posted stronger-than-expected revenues and core profit for the first quarter and reaffirmed targets for the year, while stressing it was too early to quantify the impact of tariffs.The world’s largest planemaker said its widely watched adjusted op...Reuters
Wed, Apr 30
Other
CinFin reports $429 million wildfire recovery from primary cat reinsurance treaty
By Michael LoneyApril 30 - (The Insurer) - Cincinnati Financial reported net losses from the California wildfires of $449 million in the first quarter, with a $429 million recovery from its primary property catastrophe reinsurance treaty and a $38 million recovery from Cincinnati Re’s retro program....Reuters
Wed, Apr 30
Forex
FOREX-US dollar gains after GDP contraction; other data point to solid economy
US GDP weighed down by imports surge, but consumption remains resilientUS annual headline, core PCE slow in MarchUS rate futures price in four cuts in 2025By Gertrude Chavez-Dreyfuss NEW YORK, April 30 (Reuters) - The U.S. dollar rallied against major currencies on a data-packed Wednesday after a...Reuters
Wed, Apr 30
Economic Indicator
Euro zone yields drop on busy data day
By Stefano Rebaudo and Alun John April 30 (Reuters) - Euro zone government bond yields dropped on Wednesday after a batch of mixed economic data both in Europe and the U.S. amid persistent concerns about a U.S. tariff-induced economic slowdown.German and French inflation data came in slightly hig...Reuters
Wed, Apr 30
Other
Electric plane maker Heart Aerospace moves to US in blow to Sweden
OSLO, April 30 (Reuters) - Hybrid-electric airplane maker Heart Aerospace will relocate its headquarters and operations to Los Angeles from Sweden's Gothenburg, in a bid to boost its product development in the United States, the company said in a statement on Wednesday.Heart Aerospace is develop...Reuters
Wed, Apr 30
Other
Exclusive: MS Transverse lands Chandler as chief revenue officer
By David BullApril 30 - (The Insurer) - Former BMS Re CEO and Guy Carpenter executive Pete Chandler has joined MS Transverse as chief revenue officer, with the fast-growing hybrid fronting carrier also promoting Ethan Allen to the newly created role of chief program officer.In a statement confirming...Reuters
Wed, Apr 30
