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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
Other
REFILE-China, US seek to portray each other as bullies at UN
By Michelle NicholsUNITED NATIONS, April 23 (Reuters) - China and the United States accused each other of unfair trade practices at an informal United Nations Security Council meeting on Wednesday, seeking to portray each other as global bullies amid their escalating trade war.China convened the mee...Reuters
Wed, Apr 23
Commodities
Newmont beats first-quarter profit estimates
April 23 (Reuters) - Newmont NEM.N beat analysts' estimates for first-quarter profit on Wednesday, as the world's biggest gold miner benefited from a rally in bullion prices. On an adjusted basis, the company earned $1.25 per share for the quarter ended March 31, compared with analysts...Reuters
Wed, Apr 23
Other
Motor racing-FIA approves GM as Formula One engine supplier from 2029
GM set to enter F1 as engine supplier in 2029Sport starts new engine era next year By Alan Baldwin LONDON, April 23 (Reuters) - General Motors will become an official Formula One power unit supplier in 2029, the sport's world governing body said on Wednesday.GM Performance Power Units has...Reuters
Wed, Apr 23
Stocks
Why Summit Therapeutics Rocketed Double-Digits Today
Shares of lung cancer biotech Summit Therapeutics (NASDAQ: SMMT) rocketed 14.7% on Wednesday as of 1:45 p.m. ET.The markets were broadly up today on a potential easing of trade tensions with China. That should be a positive for Summit, as its main partner for its current lung cancer drug trials is C...The Motley Fool
Wed, Apr 23
Stocks
Novavax shares soar after FDA request raises hope for COVID vaccine approval
Novavax aims to convert emergency authorization to full approvalFDA's request boosts Novavax shares by 18%Analysts confident in Novavax's approval despite past hurdlesBy Bhanvi Satija April 23 (Reuters) - Novavax NVAX.O said on Wednesday U.S. regulators asked the company to produce more d...Reuters
Wed, Apr 23
Commodities
GRAINS-Soybeans jump on hopes of easing US-China trade tensions
By Renee Hickman CHICAGO, April 23 (Reuters) - Soybean prices rose to a two-month high on Wednesday, underpinned by expectations of a de-escalation in the U.S.-China trade conflict, while wheat and corn futures ticked lower. Financial markets calmed after U.S. President Donald Trump said he had n...Reuters
Wed, Apr 23
Other
urban-gro Inc expected to post a loss of 20 cents a share - Earnings Preview
urban-gro Inc UGRO.OQ UGRO.O is expected to show a fall in quarterly revenue when it reports results on April 25 (estimated) for the period ending June 30 2024The Lafayette Colorado-based company is expected to report a 3.4% decrease in revenue to $18.197 million from $18.84 million a year ago, ac...Reuters
Wed, Apr 23
Other
Texas Instruments forecasts second-quarter revenue above estimates
April 23 (Reuters) - Texas Instruments TXN.O forecast second-quarter revenue above Wall Street estimates on Wednesday, betting on robust demand for its analog chips despite widespread economic uncertainty stemming from U.S. tariffs. The company expects revenue in the range of $4.17 billion to $4.53 ...Reuters
Wed, Apr 23
Other
Iran can't enrich uranium, could only import it for civilian program, Rubio says
US says Iran can only import enriched uranium for civil programIran says zero enrichment is unacceptableIran, US due to meet Saturday for third round of nuclear talks April 23 (Reuters) - Iran will have to stop enriching uranium under any deal with the United States and could only import what is...Reuters
Wed, Apr 23
Stocks
US STOCKS-Wall Street ends higher on hopes of trade war de-escalation
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 stocks advanced on Wednesday on revived hopes for pro...Reuters
Wed, Apr 23
Cryptocurrencies
Bitcoin’s (BTC) and Ethereum’s (ETH) Price Surge Makes Investors Go Crazy Over Ruvi AI’s (RUVI) Incredible Potential
The crypto world is on fire with Bitcoin at $94,000 and Ethereum at $1,800. Bitcoin’s rise, driven by the US hinting at easing trade tariffs, is showing it’s a great hedge in uncertain times. Ethereum’s $1,800 milestone has sparked renewed excitement with 15% increase in trading volumes and new investor sentiment going bullish. Among these […]Cryptopolitan
Wed, Apr 23
Cryptocurrencies
Dogecoin (DOGE) Success Shocked The Market, And Now Experts Say Mutuum Finance (MUTM) Could Be Next
Dogecoin (DOGE), initially launched as a joke in 2013, surprised the financial world by reaching an all-time high of $0.74 in May 2021. This transformation from a meme to a major player in the crypto market demonstrated the power of community-driven momentum. Currently trading around $0.16, analysts predict DOGE could reach $1. Inspired by DOGE’s […]Cryptopolitan
Wed, Apr 23
Other
EXCLUSIVE-Trump expected to sign order pushing training for skilled trades
US needs more skilled workers if it is to boost manufacturingOrder could tilt US funding from colleges to apprenticeshipsTrump courts working-class voters, feuds with elite collegesBy Trevor Hunnicutt and Timothy Aeppel WASHINGTON, April 23 (Reuters) - President Donald Trump could sign as soon as...Reuters
Wed, Apr 23
