News
Important Only
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
Stocks
Why Super Micro Computer Stock Is Crashing Today
Super Micro Computer (NASDAQ: SMCI) has had a turbulent year. After facing accounting questions, replacing its auditor, and avoiding the de-listing of its shares, the maker of high-end, liquid-cooled artificial intelligence (AI) servers seemed to be back on track this year.A business update provided...The Motley Fool
Wed, Apr 30
Technical Analysis
EUR/USD Price Analysis: Bulls remain favored despite intraday setback
After the European session on Wednesday, EUR/USD was seen moving lower toward the 1.1350 area, retreating modestly from earlier highs. Despite this intraday softness, the pair maintains a bullish outlook, largely supported by the positioning of its moving averages.
Fxstreet
Wed, Apr 30
Cryptocurrencies
Jubilation Or Warning Sign? 90% Of Bitcoin Supply In Profit – Analysis
Bitcoin continues to attempt to breach the $95,000 barrier with investors looking out for indicators that it might indeed do so. The digital money has failed to breach the point of resistance at this level since last Friday, market data revealed. Still, despite this strain, a very impressive 91% of ...NewsBTC
Wed, Apr 30
Stocks
BridgeBio rises as sales of heart disease drug drive quarterly revenue beat
** Shares of drugmaker BridgeBio Pharma BBIO.O rise 2.5% to $37.33 ** Co late on Tuesday posted Q1 sales of $116.6 million, exceeding analysts' average estimate of $61.9 million, according to data compiled by LSEG ** Co's heart disease drug Attruby, which competes with Alnylam's ALNY.O ...Reuters
Wed, Apr 30
Stocks
Should Investors Buy Merck Stock After These Huge Risks?
The performance of healthcare companies is relatively uncorrelated with broader macroeconomic growth.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of April 27, 2025....The Motley Fool
Wed, Apr 30
Other
Melrose shareholders reject directors' remuneration report at annual meet
April 30 (Reuters) - GKN Aerospace owner Melrose MRON.L said on Wednesday its shareholders had rejected its directors' remuneration report for the year ending December 31, 2024, at the 2025 annual general meeting.The report was rejected with 65.63% of votes against it. The board expressed disapp...Reuters
Wed, Apr 30
Cryptocurrencies
Federal Reserve’s preferred inflation gauge cools off for the first time in a year
The Federal Reserve’s main inflation tool stopped moving in March, breaking its nearly year-long stretch of steady increases, according to data shared Wednesday by the Bureau of Economic Analysis. The personal consumption expenditures (PCE) price index, the number the Fed watches closest, was flat last month compared to February. Stripping out food and energy, core […]Cryptopolitan
Wed, Apr 30
Other
America Movil is monitoring Mexico telecoms law proposal and providing views to lawmakers, exec says
MEXICO CITY, April 30 (Reuters) - An executive of Mexican telecoms giant America Movil said Wednesday that the company was monitoring a telecoms law proposal by President Claudia Sheinbaum and offering its views to lawmakers. Sheinbaum has argued the controversial telecommunications bill would preve...Reuters
Wed, Apr 30
Stocks
GLOBAL MARKETS-U.S. and global stocks slump on GDP decline, crude prices sink
U.S. GDP contraction pulls European stocks laterWall Street stock indexes set for third monthly declineU.S. Treasury yields decline for seventh sessionBy Stephen Culp NEW YORK, April 30 (Reuters) - Wall Street stocks veered sharply lower, pulling their European counterparts down too as investor r...Reuters
Wed, Apr 30
Other
US House panel weighs cuts in consumer, audit oversight
House Financial Services Committee set to consider draft legislation Lawmakers consider funding cut for CFPBLegislation would effectively eliminate auditor watchdogBy Pete Schroeder and Chris Prentice WASHINGTON, April 30 (Reuters) - A U.S. congressional panel is considering legislation on Wednes...Reuters
Wed, Apr 30
Stocks
D.A. Davidson upgrades Airbnb on strong fundamentals and long-term potential
Investing.com -- D.A. Davidson upgraded Airbnb Inc (NASDAQ:ABNB). to "Buy" from "Neutral" saying the company is well-positioned for long-term growth and trades at a reasonable valuation followingInvesting.com
Wed, Apr 30
Commodities
CatIQ estimates C$342 million insured losses from March ice storm in Ontario and Quebec
By Mia MacGregorApril 30 - (The Insurer) - Toronto-based Catastrophe Indices & Quantification (CatIQ) has estimated that the late-March ice storm that hit Ontario and Quebec resulted in an initial industry loss of C$342 million ($247.2 million). The figure includes property losses, both resident...Reuters
Wed, Apr 30
Stocks
EMERGING MARKETS-Latam FX, stocks fall as risk appetite falls after US GDP contracts
Latam FX down 0.2%, stocks off 0.7%Mexican economy grows in Q1, avoids technical recessionColombia rate verdict later in the day, expected to hold at 9.5%Regional stocks set for more than 5% monthly jump Frontier sovereign dollar bonds selloffBy Shashwat Chauhan April 30 (Reuters) - Most Latin Am...Reuters
Wed, Apr 30
Other
FCC to vote to bar Chinese labs deemed security risks from testing US electronics
By David Shepardson WASHINGTON, April 30 (Reuters) - The Federal Communications Commission will vote on May 22 to finalize a rule that will bar Chinese labs deemed a risk to U.S. national security from testing electronic devices like smartphones, cameras and computers for use in the United States...Reuters
Wed, Apr 30
Stocks
GBank Financial falls in Nasdaq debut after 4-year stint on OTC markets
** Community bank GBank Financial GBFH.O commences trading on the Nasdaq Capital Market after uplisting ** Stock opened at $37.63 on Nasdaq; last trading at $40.80 ** GBFH had closed at $41.50 on Tuesday on over-the-counter (OTC) markets ** Las Vegas, Nevada-based GBFH has traded on OTC sin...Reuters
Wed, Apr 30
Stocks
D.A. Davidson raises Airbnb to 'buy', cuts price target
** D.A. Davidson upgrades Airbnb ABNB.O to 'buy' from 'neutral', citing relative resilience of online leisure travel spend, focus on affordability, new product cycle and reasonable valuation** Brokerage cuts co's price target to $155 from $170, the new price target shows 23.5% up...Reuters
Wed, Apr 30
