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Cryptocurrencies
Trump pins Q1 dip on Biden not tariffs, says “be patient for the boom”
The Commerce Department reported Wednesday that the U.S. economy contracted by 0.3% in the first quarter of this year, prompting President Donald Trump to publicly blame his predecessor. He insisted his own trade policies would soon reverse the downturn and drive strong growth. Trump said the shrinkage “has NOTHING TO DO WITH TARIFFS” and argued […]Cryptopolitan
Wed, Apr 30
Commodities
Exxon Mobil says working to resolve operational issue at refinery in Joliet, IL
NEW YORK, April 30 (Reuters) - Exxon Mobil XOM.N is working to resolve an issue that occurred earlier this week at its 251,800-barrel-per-day refinery in Joliet, Illinois, the company said Wednesday."We are working to resolve an operational issue that occurred on April 28 and expect to meet cust...Reuters
Wed, Apr 30
Cryptocurrencies
Ripple (XRP) Price Forecast: Could it Reach $5 in May? Analysts Think Ruvi AI Will Surpass XRP By the end of the Year
Ripple (XRP) is known for its focus on cross-border payment solutions and continues to develop its technology and use cases in the financial sector. But while Ripple is in the spotlight, Ruvi AI, a new player in the crypto space, is making waves with its approach to blockchain and artificial intelligence. Ripple’s Progress Amid Market […]Cryptopolitan
Wed, Apr 30
Cryptocurrencies
Top Altcoin To Buy Now To 10x Your Portfolio By July As Dogecoin (DOGE) and Cardano (ADA) Lag
Mutuum Finance (MUTM) is surging through its presale, amassing $7.4 million and attracting over 9,400 holders with 450 million tokens sold. Currently in phase 4 at $0.025 per token, this decentralized finance project is capturing the crypto market’s attention. As altcoin season approaches, investors are eyeing opportunities to multiply their portfolios. Mutuum Finance (MUTM) stands […]Cryptopolitan
Wed, Apr 30
Economic Indicator
Fed should ditch current policy framework, group of former top central bankers says
G30 panel chaired by former New York Fed President DudleyReport says 'make-up' strategy slowed inflation response, raised risksIt argues 'inclusive' approach to employment is beyond Fed's reachBy Howard Schneider WASHINGTON, April 30 (Reuters) - A group of former top world cen...Reuters
Wed, Apr 30
Commodities
Spain's grid denies dependence on solar power to blame for blackout
Sanchez under pressure to provide explanation for blackoutOpposition calls for independent investigationGrid operator accused of failure to invest in system upgrade MADRID, April 30 (Reuters) - Spain's grid operator denied on Wednesday dependence on solar power was to blame for the country...Reuters
Wed, Apr 30
Stocks
Arch trades down despite Q1 earnings beat
By Chris MunroApril 30 - (The Insurer) – Arch Capital Group’s share price was down almost 4% late Wednesday morning as investors reacted to its Q1 2025 earnings.The company’s stock was trading hands at $89.05 as of 11:50 a.m. in New York on Wednesday, down 3.6% from Tuesday’s close.Shortly after the...Reuters
Wed, Apr 30
Stocks
Norwegian Cruise Line's quarterly results disappoint, warns of weak consumer spending
By Anuja Bharat Mistry April 30 (Reuters) - Norwegian Cruise Line Holdings NCLH.N missed estimates for first-quarter revenue and profit on Wednesday and warned of weak consumer spending on premium voyages due to growing concerns over a possible recession, sending its shares down 9%. The cruise...Reuters
Wed, Apr 30
Other
Trump: Fair China trade means managing intellectual property rights
WASHINGTON, April 30 (Reuters) - U.S. President Donald Trump said on Wednesday that he hopes for a deal with China at a certain point, adding that he thinks fairness in trade includes managing intellectual property rights.Reuters
Wed, Apr 30
Stocks
Roku Stock Could Head Higher on Friday
Like a limited series on a streaming service, it seems as if Roku (NASDAQ: ROKU) can't hold investor attention for long. Shares of the company behind the leading operating system for streaming TV soared to a fresh 52-week high after posting blowout financial results in mid-February. The stock has go...The Motley Fool
Wed, Apr 30
Other
EssilorLuxottica to consider moving part of its production to US
MILAN, April 30 (Reuters) - Eyewear maker EssilorLuxottica ESLX.PA, whose brands include Ray-Ban, could move part of its production to the United States as a result of U.S. tariffs, its chief executive said on Wednesday."We won't rush a decision," CEO Francesco Milleri told a shareholder...Reuters
Wed, Apr 30
Stocks
U.S. STOCKS ON THE MOVE-Generac, Regulus Therapeutics, Garmin
Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes dropped on Wednesday after data showed the economy contracted for the first time in three years in the fir...Reuters
Wed, Apr 30
Commodities
US crude stockpiles draw unexpectedly on export, refinery demand, EIA says
By Arathy Somasekhar and Laila KearneyHOUSTON, April 30 (Reuters) - U.S. crude oil stockpiles fell unexpectedly last week on higher export and refinery demand, while gasoline drew down for a ninth straight week, the Energy Information Administration said on Wednesday.Crude inventories fell by 2.7 mi...Reuters
Wed, Apr 30
Stocks
LIVE MARKETS-Gauging the seat grab in index musical chairs
US indexes red, but well off lows; Dow down ~0.5%Energy weakest S&P 500 sector; Healthcare leads gainersEuro STOXX 600 index up ~0.3%Dollar gains; gold slips; bitcoin off ~1%; crude down ~3.5%US 10-Year Treasury yield ~flat at ~4.16%Welcome to the home for real-time coverage of markets brought t...Reuters
Wed, Apr 30
Economic Indicator
REFILE-INSTANT VIEW-Tame March PCE inflation no salve after downbeat Q1 US GDP report
April 30 (Reuters) - Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly revised 0.5% gain in February, the Commerce Department' said on Wednesday. Economists polled by Reuters had forecast consumer spending would rise 0.5%...Reuters
Wed, Apr 30
Economic Indicator
Retailer Loblaw beats quarterly estimates, sees consumers opting for Canadian products
Sees Canadian product purchases go up on ecommerce platformOnboards 30 new Canadian suppliers to mitigate US tariffsSame-store sales rise in food and drug retail segments April 30 (Reuters) - Canadian retailer Loblaw L.TO exceeded analysts' expectations for first-quarter revenue and profit on...Reuters
Wed, Apr 30
Commodities
Mexico's Pemex reports 43.3 bln peso net loss in Q1
MEXICO CITY, April 30 (Reuters) - Mexican state energy company Pemex reported a 43.3 billion peso first-quarter net loss on Wednesday, according to a filing with the Mexican stock exchange.Revenues for one of the country's biggest companies during the January-to-March period fell 2.5% to 395.59 ...Reuters
Wed, Apr 30
Other
Akwel Q1 Turnover At EUR 255.6 Mln
April 30 (Reuters) - Akwel SA AKW.PA:TURNOVER FOR THE FIRST QUARTER OF 2025Q1 TURNOVER AT EUR 255.6 MILLIONCONSOLIDATED NET CASH EXCLUDING IMPACT OF LEASE LIABILITIES REACHED EUR 149.6 MILLION AT END-MARCHCONFIRMS IT ANTICIPATES DECREASE IN 2025 REVENUE COMPARABLE TO THAT RECORDED LAST YEARReuters
Wed, Apr 30
