News
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Forex
Dollar struggles to regain ground on US-China trade standoff
April 29 (Reuters) - The dollar recouped some of its losses on Tuesday, supported by reports that the U.S. administration may ease planned tariffs, although investor caution lingered over whether a meaningful de-escalation in the U.S.-China trade conflict was in motion.Reuters
Tue, Apr 29
Stocks
Stock-Split Watch: Is Super Micro Computer Next?
Super Micro Computer (NASDAQ: SMCI), more commonly known as Supermicro, executed its first stock split on Oct. 1, 2024. That 10-for-1 split reduced its trading price from $416.40 to about $41.64 per share, while its market cap remained nearly unchanged at $24 billion.But today, Supermicro trades at ...The Motley Fool
Tue, Apr 29
Cryptocurrencies
‘Dogecoin In May And Walk Away,’ Predicts Analyst — What It Means
Crypto trader Josh Olszewicz – better known to chart-watchers by his handle @CarpeNoctom – has taken the old equities adage “Sell in May and go away” and given it a canine twist. On Monday he posted a one-day Ichimoku chart of DOGE/USD stamped 28 April 2025, adding the quip: “DOGE in May and Walk Aw...NewsBTC
Tue, Apr 29
Other
Gates, others launch $500 million maternal, newborn health fund, bucking aid cuts trend
By Jennifer Rigby LONDON, April 29 (Reuters) - A group of philanthropies including the Gates Foundation has set up a fund backed with nearly $500 million to help save the lives of newborn babies and mothers in sub-Saharan Africa, standing out against a bleak global health funding landscape.The Be...Reuters
Tue, Apr 29
Stocks
MTU Aero Engines shares rise as tariffs headwinds priced in
April 29 (Reuters) - German engine manufacturer MTU Aero Engines' MTXGn.DE shares rose on Tuesday, rebounding after previous losses as quarterly earnings beat market expectations, with analysts saying the impact from U.S. tariffs is largely factored into the stock.Shares in MTU, which were down ...Reuters
Tue, Apr 29
Stocks
Stock-Market Correction: 1 Brilliant Growth Stock Down 28% to Buy on the Dip
The S&P 500 entered "correction" territory earlier in April after dropping nearly 20%. While it's recovered some gains as tariff fears have subsided somewhat, many favorite growth stocks remain heavily discounted. However, with the index averaging a total return of 18% in the year following the nine...The Motley Fool
Tue, Apr 29
Other
PRESS DIGEST- New York Times business news - April 29
April 29 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- The Trump administration said it plans to announce measures as early as Tuesday to ease the impact of tariffs on imported cars a...Reuters
Tue, Apr 29
Stocks
Prediction: Nvidia Will Beat the Tariff Turmoil (and the Stock Will Soar)
Everything seemed to go right for Nvidia (NASDAQ: NVDA) last year. The chip designer saw enormous demand for its new Blackwell architecture and reported record levels of revenue and profit -- and investors rushed to buy the stock. The Dow Jones Industrial Average (DJINDICES: ^DJI) even invited Nvidi...The Motley Fool
Tue, Apr 29
Other
Swiss Nylon maker EMS Chemie's sales dip, 2025 looks 'challenging'
By Alberto Chiumento April 29 (Reuters) - Swiss nylon maker EMS Chemie EMSN.S reported a 4% decline in first-quarter net sales on Tuesday, citing market-driven lower prices and cost levels and warning of "a particularly challenging economic environment" in 2025.The European chemical indus...Reuters
Tue, Apr 29
Other
Kremlin says Russia is waiting for Ukraine to start direct talks, agencies report
MOSCOW, April 29 (Reuters) - The Kremlin said on Tuesday that Ukraine had not responded to many offers by Russia President Vladimir Putin to start direct peace negotiations, and that starting this process was Moscow's primary focus, Russian news agencies reported.Kremlin spokesman Dmitry Peskov ...Reuters
Tue, Apr 29
Stocks
Got $5,000? 2 Unstoppable Growth Stocks to Buy and Hold for the Long Run
The S&P 500 (SNPINDEX: ^GSPC) is down 6% in 2025 amid rising global trade tensions, triggered by the sweeping tariffs President Donald Trump enacted on imported goods from America's trading partners. But throughout history, the stock market has always recovered to new highs even after the most bruta...The Motley Fool
Tue, Apr 29
Stocks
As Trump's Tariffs Continue to Cause Chaos in the Market, Mark Cuban Warns About an "Ugly" Future for Amazon
President Donald Trump's tariffs have been whipsawing the stock market for weeks now, pushing the S&P 500 and the Nasdaq Composite into a correction as investors struggle to divine the impact of the ongoing trade war.While stocks have sold off broadly on the news, some names have gotten hit harder t...The Motley Fool
Tue, Apr 29
Technical Analysis
EUR/USD: Watch price action – OCBC
Euro (EUR) drifted lower after rising to >3Y high of 1.1570 levels last week. De-escalation in tariff angst somewhat slowed USD’s decline and helped to moderate the pace of rally in EUR. EUR was last seen at 1.1390 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Fxstreet
Tue, Apr 29
Stocks
HEDGE FLOW-Hedge funds venture back to markets to buy bank shares, says Goldman Sachs
By Nell Mackenzie LONDON, April 29 (Reuters) - Hedge funds returned into markets last week to buy bank stocks having sold out of positions for eight straight weeks, a Goldman Sachs note shows. Financial firms including U.S. banks became the second-most net bought stock behind real estate this yea...Reuters
Tue, Apr 29
Other
Primark committed to US expansion despite tariff uncertainty, says boss
Currently trades from 29 U.S. storesPlans 60 U.S. stores by 2026Says could benefit from end of "de minimis" duty exemptionBy James Davey LONDON, April 29 (Reuters) - Associated British Foods' ABF.L Primark clothing retail business is committed to expanding in the United States despite...Reuters
Tue, Apr 29
Stocks
5 Reasons to Buy Broadcom Stock Like There's No Tomorrow
It's been a tough past few weeks for the stock market. And understandably so. New tariffs don't just threaten to make most goods more expensive here and abroad. These higher prices could cause economic weakness, perhaps even prompting a global recession. Technology stocks have been hit particularly ...The Motley Fool
Tue, Apr 29
