News
Important Only
Commodities
Trump plans to exempt carmakers from some tariffs, FT reports
April 23 (Reuters) - U.S. President Donald Trump is planning to spare carmakers from some tariffs, The Financial Times reported on Wednesday, citing two people with knowledge of the matter.Car parts would be exempted from tariffs that are being imposed on imports from China over fentanyl and tariffs...Reuters
Wed, Apr 23
Stocks
Agree Realty dips after stock sale launch
** Agree Realty ADC.N shares down 1.1% to $76.34 in post-market trading after equity offering commenced** Royal Oak, Michigan-based net lease retail real estate investment trust announces 4.5 mln share offering** Co enters into forward sale agreement with bookrunner BofA** Upon settlement of agreem...Reuters
Wed, Apr 23
Commodities
California governor seeks help for struggling oil refiners
April 23 (Reuters) - California Governor Gavin Newsom has directed state officials to step up efforts to guarantee reliable fuel supplies for the nation's biggest auto market, prompting oil companies to blame state policies for difficult business conditions and high pump prices.Newsom's lett...Reuters
Wed, Apr 23
Other
Inside Debt - April 23
To access a PDF version of this newsletter, please click here You can read Inside Debt via TOPNEWS Fixed Income page.If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/Inside-Debt-Subscription-page For an index of our newsletters click ...Reuters
Wed, Apr 23
Other
THE DAY AHEAD-North America, April 24
To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS - U.S Companies or Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/TDA-subscription-page For Morning News Call U.S. -- a...Reuters
Wed, Apr 23
Stocks
CANADA STOCKS-TSX rises to three-week high as technology shares rally
TSX ends up 0.7% at 24,472.68Posts its highest close since April 2Technology rises 3.3%, with Shopify up 6.6%Energy falls 0.7% as oil settles 2.2% lowerBy Ragini Mathur and Fergal Smith April 23 (Reuters) - Canada's main stock index rose on Wednesday to a three-week high, led by gains for tec...Reuters
Wed, Apr 23
Stocks
ServiceNow posts upbeat quarterly profit on resilient AI-powered software demand
By Jaspreet SinghApril 23 (Reuters) - ServiceNow NOW.N beat Wall Street estimates for first-quarter profit on Wednesday, helped by resilient demand for its artificial intelligence-powered software for managing IT services, sending the company's shares up 7% in extended trading.The company also m...Reuters
Wed, Apr 23
Stocks
US STOCKS-Wall Street ends higher on hopes of trade war de-escalation
Indexes up: Dow 1.07%, S&P 500 1.67%, Nasdaq 2.50%Bessent calls U.S.-China tariffs unsustainable, Trump open to negotiationsTesla, Boeing gain after quarterly resultsAmericans' view on Trump's handling of the economy sours By Stephen Culp NEW YORK, April 23 (Reuters) - Wall Street...Reuters
Wed, Apr 23
Stocks
Texas Instruments rises on upbeat quarterly revenue forecast
** Shares of Texas Instruments TXN.O rise 5.5% to $160.5 in extended trading** Company expects Q2 revenue in the range of $4.17 billion to $4.53 billion, vs analysts' average estimate of $4.10 billion, according to data compiled by LSEG.** TI expects earnings between $1.21 per share and $1.47 pe...Reuters
Wed, Apr 23
Stocks
Why Micron Stock Is Jumping Today
Micron Technology (NASDAQ: MU) stock is moving higher Wednesday with some big help from bullish momentum for the broader market. The company's share price was up 4.6% as of 3:25 p.m. ET amid a gain of 1.6% for the S&P 500 and 2.5% for the Nasdaq Composite.Stocks have continued to move higher today f...The Motley Fool
Wed, Apr 23
Other
CORRECTED-US Justice Department directs investigations over gender-affirming care
April 23 (Reuters) - U.S. Attorney General Pam Bondi directed prosecutors to investigate certain gender-affirming surgical procedures, which she characterized as "female genital mutilation" in a Department of Justice memo sent to employees on Wednesday.Reuters
Wed, Apr 23
Stocks
UnitedHealth Stock Crash: 3 Better Dow Jones Dividend Stocks to Buy Now
After UnitedHealth Group (NYSE: UNH) delivered a surprisingly weak first-quarter report last Thursday, its stock price crashed more than 22% on Friday -- the insurer's worst single-session drop since August 1998. Prior to that sell-off, UnitedHealth was the largest component in the price-weighted Do...The Motley Fool
Wed, Apr 23
Other
Chipotle Mexican Grill tempers annual comparable sales growth forecast
April 23 (Reuters) - Chipotle Mexican Grill CMG.N on Wednesday tempered its annual comparable sales growth forecast as sticky inflation and economic uncertainty force consumers to temper spending on dining out.The company now expects annual comparable sales growth in the low single-digit range, comp...Reuters
Wed, Apr 23
Other
ServiceNow posts upbeat quarterly profit on resilient AI-powered software demand
By Jaspreet SinghApril 23 (Reuters) - ServiceNow NOW.N beat Wall Street estimates for first-quarter profit on Wednesday, helped by resilient demand for its artificial intelligence-powered software for managing IT services.The company also marginally raised its annual subscription revenue forecast. S...Reuters
Wed, Apr 23
Commodities
US Cash Crude-Coastal grades weaken on first day of roll trade
April 23 (Reuters) - U.S. coastal crude grades weakened on Wednesday, dealers said, on the first day of the "roll" trade, a period in which the market becomes more volatile as traders square their positions. The three-day roll trade begins after the front-month U.S. crude futures contract CL...Reuters
Wed, Apr 23
Stocks
Prominent short seller Andrew Left fails to end US SEC fraud case
SEC alleges Left manipulated stock prices for profitLeft expects to prevail at summary judgment, lawyer saysLeft has pleaded not guilty in related criminal caseBy Jonathan StempelApril 23 (Reuters) - A federal judge rejected Andrew Left's bid to dismiss a U.S. Securities and Exchange Commission ...Reuters
Wed, Apr 23
Other
IBM forecasts second-quarter revenue above estimates, soothing tariff worries
By Arsheeya BajwaApril 23 (Reuters) - IBM IBM.N said on Wednesday it expects second-quarter revenue above Wall Street estimates, betting on resilient demand for its software services amid economic uncertainty brought on by U.S. President Donald Trump's tariffs. The move marked a break from IBM&#...Reuters
Wed, Apr 23
