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Stocks
First Internet Bancorp hits over 1-year low after credit weakness drives Q1 profit miss
** Community lender First Internet Bancorp's INBK.O shares plunge as much as 22.1%, hitting their lowest since November 2023** Stock last down 18.7% at $20.90** INBK late Wednesday reported Q1 profit far below Wall Street expectations driven by credit weakness** Bank has now missed profit expect...Reuters
Thu, Apr 24
Other
Bristol Myers posts higher-than-expected quarterly revenue on cancer drug sales
By Michael Erman April 24 (Reuters) - Bristol Myers Squibb BMY.N reported higher-than-expected first-quarter revenue on Thursday and raised its full-year forecast due to growth from its portfolio of drugs that spur a patient's immune system to fight cancer.The company's shares, which were...Reuters
Thu, Apr 24
Stocks
Valero declines after posting Q1 loss
** Shares of Valero Energy VLO.N, the second-largest U.S. refiner by capacity, fall ~1% to $113.80** Company reports first-quarter loss compared with a year-ago profit, weighed down by lower refining margins and around $1 bln in impairment charge related to its West Coast assets** VLO says its Q1 re...Reuters
Thu, Apr 24
Commodities
US utility Xcel says tariff exposure is 2%-3% of capex plan
NEW YORK, April 24 (Reuters) - About 2% to 3% of U.S. electric utility Xcel Energy's $45 billion capital expenditure plan is exposed to risks from a global tariff war that is expected to hit renewable energy and storage supply chains, executives with the company said on Thursday. As the expansio...Reuters
Thu, Apr 24
Commodities
Freeport-McMoRan CEO: Copper Market Fundamentals Remain "Positive"
April 24 (Reuters) - Freeport-McMoRan Inc FCX.N:CEO KATHLEEN QUIRK: COMPANY ON TRACK TO PRODUCE 800 MILLION POUNDS OF COPPER ANNUALLY FROM LEACH OPERATIONSCEO: COPPER MARKET FUNDAMENTALS REMAIN 'POSITIVE,' UNDERPINNED BY ELECTRIFICATIONCEO: COPPER DEMAND IN CHINA 'HAS BEEN PARTICULARLY S...Reuters
Thu, Apr 24
Stocks
American Airlines pulls 2025 forecast on travel demand worries from Trump tariffs
American Airlines joins peers to withdraw forecasts CEO Isom urges elimination of aerospace-related tariffsSays no intention of absorbing tariff costs on aircraft purchasesBy Shivansh TiwaryApril 24 (Reuters) - American Airlines AAL.O pulled its 2025 financial forecast on Thursday, mirroring its pee...Reuters
Thu, Apr 24
Economic Indicator
Emerging economies face longer period of tighter financing, South African central banker says
By Karin Strohecker and David LawderWASHINGTON, April 24 (Reuters) - Emerging economies will have to grapple with tighter global financing conditions for longer while the future of risk-free assets is very much in focus, the head of South Africa's central bank told Reuters.Speaking on the sideli...Reuters
Thu, Apr 24
Other
CANADA RESEARCH ROUNDUP-Boyd Group Services, Fortis , Transalta
April 24 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Boyd Group Services, Fortis and Transalta on Thursday.HIGHLIGHTS * Boyd Group Services Inc BYD.TO: CIBC cuts target price to C$278 from C$286* Fortis Inc FTS.TO: CIBC raises targ...Reuters
Thu, Apr 24
Stocks
Why Pony AI Is Winning the Artificial Intelligence Race Today
Pony AI (NASDAQ: PONY) stock is off to the races again.The small-cap Chinese robotaxi and robotruck company, which surged more than 30% yesterday after announcing it has developed three new robotaxi models with partners Beijing Automotive, Guangzhou Automobile, and Toyota Motor, galloped ahead a fur...The Motley Fool
Thu, Apr 24
Stocks
Better Buy: Bitcoin vs. Gold
Thus far, gold has vastly outperformed Bitcoin (CRYPTO: BTC) in 2025. For the year, gold is up 30% and is now trading at all-time highs. Amidst all the tariff uncertainty, investors are searching out safe havens to preserve the value of their money, and gold is arguably the safest of all safe havens...The Motley Fool
Thu, Apr 24
Other
Trump asks US Supreme Court to allow enforcement of transgender military ban
Trump order questioned honesty of transgender US troopsMilitary guidance disqualifies troops with gender dysphoriaTwo federal judges have blocked Trump's military ban By Andrew ChungApril 24 (Reuters) - President Donald Trump's administration asked the U.S. Supreme Court on Thursday to allow...Reuters
Thu, Apr 24
Stocks
Should You Buy Amazon Stock Before April 29?
First-quarter earnings season is in full swing, and it promises to be a doozy. Investors will be receiving financial updates from large multinational corporations right in the midst of the market's trade war tribulations. Uncertainty and volatility in the stock market are intensifying in parallel to...The Motley Fool
Thu, Apr 24
Other
Axa XL adds ex-LSM Rodrigues da Costa as transition underwriting manager
By Rebecca DelaneyApril 24 - (The Insurer) - Axa XL has further expanded its energy transition team with the appointment of Theodore Rodrigues da Costa as underwriting manager, energy transition for the UK and Lloyd's segment.In his new role, Rodrigues da Costa will be responsible for managing t...Reuters
Thu, Apr 24
Stocks
West Pharma falls as it expects lower growth from drug components business
** Shares of medical equipment maker West Pharmaceuticals WST.N fall 3.7% to $210.19 in morning trade ** Company expects its HVP components business to grow mid-single digits instead of mid-to-high single digits, as it previously forecast** Forecast cut came as one of WST's customers switched th...Reuters
Thu, Apr 24
Commodities
CMS Energy posts higher first-quarter profit on robust power demand
By Pooja Menon April 24 (Reuters) - U.S. electric and gas utility CMS Energy CMS.N on Thursday reported a rise in first-quarter profit, helped by higher power demand.The U.S. Energy Information Administration in February forecast power demand to hit record highs in 2025 and 2026, as utilities ar...Reuters
Thu, Apr 24
Stocks
EMERGING MARKETS-Latam assets track commodity gains as trade uncertainty persists
Latam FX up 0.2%, stocks up 0.7%Mexico's inflation up 3.96% in first half of AprilChile approves SQM's joint venture with Codelco IMF's urges Argentina to stick to policiesBy Pranav Kashyap April 24 (Reuters) - Most Latin American assets edged higher on Thursday, with commodity prices...Reuters
Thu, Apr 24
Other
Exclusive: Alkeme set for GCP continuation vehicle
By David BullApril 24 - (The Insurer) - GCP Capital Partners is rolling its investment in Alkeme Holdings into a continuation vehicle, with the transaction expected to value the California-based retail broker at a mid-teens multiple of EBITDA.Senior M&A sources said the private equity firm began...Reuters
Thu, Apr 24
Stocks
CBRE maintains 2025 core profit forecast, shares up
** Real estate service provider CBRE CBRE.N shares marginally rise 1% to $123 after co maintains annual core profit forecast ** Co maintains annual core profit forecast of $5.80-$6.10/share amid "significant market uncertainty" ** CBRE post Q1 core profit of 86 cents/share vs analysts' ...Reuters
Thu, Apr 24
Other
Walmart Is Rolling Out “Manager’S Special” Signs To Call Out Price Cuts On Key Items Across Departments- Bloomberg News
April 24 (Reuters) - Walmart Inc WMT.N:WALMART IS ROLLING OUT “MANAGER’S SPECIAL” SIGNS TO CALL OUT PRICE CUTS ON KEY ITEMS ACROSS DEPARTMENTS- BLOOMBERG NEWSSource:https://tinyurl.com/f9a9hz4kReuters
Thu, Apr 24
Stocks
CANADA STOCKS-TSX extends rally as yields decline and commodity prices rise
By Ragini Mathur April 24 (Reuters) - Canadian stocks climbed on Thursday as falling bond yields and rising commodity prices boosted investor sentiment, while markets also weighed evolving U.S. tariff policies. The Toronto Stock Exchange's S&P/TSX Composite Index .GSPTSE climbed 0.5%...Reuters
Thu, Apr 24
