News
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Stocks
Western Digital rises as Q4 forecasts above estimates
** Data storage products maker Western Digital Corp's WDC.O shares rise 3.8% to $42.17 after co forecasts upbeat quarterly results on cloud computing demand** Co forecasts Q4 revenue of $2.45 bln and adj. EPS outlook of $1.45, compared with Wall Street estimates for revenue of $2.38 bln and $1.1...Reuters
Wed, Apr 30
Other
Aon acquires Israel-based marine agency Atlas
April 30 - (The Insurer) - Aon has acquired Israel-based Atlas Insurance Agency, a Lloyd's coverholder which has been operational for 50 years. Atlas specialises in marine insurance, including coverage for cargo, hull and machinery, and charterers’ professional liability.Following the acquisitio...Reuters
Wed, Apr 30
Forex
US Treasury dealers recommend ending federal debt ceiling
By David Lawder WASHINGTON, April 30 (Reuters) - The U.S. Treasury's primary dealers say they would prefer to end the federal debt ceiling, as it likely increases debt service costs and market volatility and may hurt the dollar's reserve asset status, minutes of the Treasury Borrowing Adv...Reuters
Wed, Apr 30
Other
SES CEO welcomes European satellite merger if it meets market's demand
April 30 (Reuters) - The CEO of European satellite company SES SESFg.LU welcomed on Wednesday the potential merger of the space businesses of Airbus AIR.PA, Thales TCFP.PA and Leonardo LDOF.MI, but only if it meets the demands of the market and spurs competition.WHY IT MATTERSAirbus, Thales and Leon...Reuters
Wed, Apr 30
Economic Indicator
TREASURIES-Yields gyrate lower investors mull weak GDP and stagflation scenario
NEW YORK, April 30 (Reuters) - U.S. Treasury yields seesawed lower after a weaker-than-expected 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 "stagflation" scenario. Gross domesti...Reuters
Wed, Apr 30
Stocks
3 Big Investor Takeaways From Warren Buffett's Latest Moves
Whenever Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) reports on its holdings, investors are often eager to learn what stocks it bought and sold. The company, which Warren Buffett leads, gives insights into the stocks the billionaire investor is bullish and bearish on. And it's not surprising if a ...The Motley Fool
Wed, Apr 30
Commodities
Indian port operator JSW Infra looks homeward to steer tariff-hit trade woes
By Hritam Mukherjee April 30 (Reuters) - India's JSW Infrastructure JSWN.NS said on Wednesday it expects cargo volume growth to rise in fiscal year 2026, driven by domestic sectors' resilience, while minimising concerns over U.S. tariff-led trade uncertainties.The port operator anticipate...Reuters
Wed, Apr 30
Stocks
Wingstop's Revenue Jumps, Costs Rise
Wingstop (NASDAQ:WING), a leader in the fast-casual dining segment, released its Q1 FY2025 earnings on April 30, 2025, revealing robust sales growth with a 17.4% increase from the previous year. Net income skyrocketed by 221% in Q1 FY2025 to $92.3 million, equivalent to $3.24 per diluted share (GAAP...The Motley Fool
Wed, Apr 30
Economic Indicator
Breaking: US core PCE inflation softens to 2.6% in March as expected
Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged lower to 2.3% on a yearly basis in March from 2.5% in February, the US Bureau of Economic Analysis (BEA) reported on Wednesday. This reading came in above the market expectation of 2.2%Fxstreet
Wed, Apr 30
Economic Indicator
USD/CAD remains unchanged above 1.3800 after US/Canada GDP data
The USD/CAD pair has not moved much and stays around 1.3830 during the North American trading session on Wednesday after the release of the Gross Domestic Product (GDP) data of both the United States (US) and Canada.
Fxstreet
Wed, Apr 30
Stocks
GlobalData gets takeover proposals from funds managed by ICG, KKR
April 30 (Reuters) - Data platform Globaldata DATA.L said on Wednesday it had received a preliminary takeover proposal in cash each from funds managed by private equity groups ICG and KKR KKR.N, sending its shares up more than 30%.The company said it was in discussion with both parties, adding that ...Reuters
Wed, Apr 30
Economic Indicator
Australia home prices set record in April, sales volume slows on tariff risk, Cotality data shows
SYDNEY, May 1 (Reuters) - Australia's property prices hit a record in April although U.S. tariff risks and election uncertainty led to a slump in the sales and listings volume, property consultant Cotality said on Thursday. Prices rose 0.3% in April from March to a new peak of A$ 825,349 ($528,4...Reuters
Wed, Apr 30
