News
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Stocks
Gold miners fall as bullion prices inch lower
** Shares of gold miners down, tracking fall in bullion prices GOL/** Spot gold XAU= down 1.4% at $3,288.60/ounce, after hitting record high of $3,500.05/ounce in previous session** Gold prices extended their retreat from all-time high as appetite for riskier assets improved after President Donald T...Reuters
Wed, Apr 23
Stocks
Investors relieved Musk will refocus on Tesla, but worry about brand damage
Musk to reduce DOGE involvement, focus more on TeslaExperts warn Tesla faces long road to brand recoveryTesla's Q1 profit drops 71%, misses estimatesBy Akash Sriram and Abhirup Roy April 23 (Reuters) - Tesla investors breathed a sigh of relief after CEO Elon Musk said he would refocus his att...Reuters
Wed, Apr 23
Commodities
US distillate stockpiles hit lowest since November 2023, EIA says
NEW YORK, April 23 (Reuters) - U.S. distillate stockpiles fell last week to 106.88 million barrels, the lowest since November 2023, data from the U.S. Energy Information Administration showed on Wednesday.Distillate inventories, which include diesel and heating oil, fell by 2.35 million barrels in t...Reuters
Wed, Apr 23
Commodities
Tankers chartered by Chevron to move Venezuelan crude seek other business
Marketing of the ships indicates Chevron will not load all cargoes this month One Venezuelan crude cargo still pending returnVessels chartered by Vitol, Reliance and Maurel & Prom departing on scheduleBy Arathy SomasekharHOUSTON, April 23 (Reuters) - Some tankers Chevron had chartered to move cr...Reuters
Wed, Apr 23
Stocks
GE Vernova rises on Q1 revenue beat
** Shares of U.S.-based power equipment maker GE Vernova GEV.N up 5.7% at $343** Company posts Q1 revenue of $8 billion, beating analysts' estimate of $7.54 billion - data compiled by LSEG** Company reaffirms 2025 forecast; tariff impact estimated to be about $300 million to $400 million** Compa...Reuters
Wed, Apr 23
Stocks
Why Bank of America, JPMorgan Chase, and American Express Stocks All Popped Today
Stock markets got over their case of the Mondays really quick this week, and after regaining all their Monday losses on Tuesday, are roaring even higher as Wednesday gets off the ground.Financial stocks are doing particularly well this morning. As of 10:20 a.m. ET, shares of Bank of America (NYSE: B...The Motley Fool
Wed, Apr 23
Cryptocurrencies
XRP Targets $33 To $50 By September 2027, Research Firm Says
Trading-desk watchers received a fresh dose of long-term optimism for X on Tuesday after crypto analytics boutique Sistine Research published a multi-year XRP/US Dollar chart pointing to an eventual advance into the $33 to $50 region. The chart they circulated on X shows that the 2,500-day symmetric...NewsBTC
Wed, Apr 23
Stocks
QUOTES-Wall Street indexes rally as worries about tariff war, Powell tenure subside
April 23 (Reuters) - The main U.S. stock indexes rallied to one-week highs on Wednesday on hopes for a de-escalation in the U.S.-China trade war and as President Donald Trump scaled back his threats to fire Federal Reserve Chair Jerome Powell.The prospect of negotiations between Washington and Beiji...Reuters
Wed, Apr 23
Cryptocurrencies
XRP Ledger Compromised? Validator Warns Projects And Developers Of Critical Issues
An XRP Ledger (XRPL) validator has warned projects and developers that the network is compromised. He revealed some critical issues on the network, which put users and their funds at risk of an exploit. Validator Warns That XRP Ledger is Compromised In an X post, XRP Ledger validator Vet told the ne...Bitcoinist
Wed, Apr 23
Stocks
Panic in the Stock Market? Here’s What I’m Buying (and Avoiding)
The stock market sell-off can be a difficult challenge for many investors. Here's how I am approaching the recent market volatility. (NASDAQ: AAPL) (NASDAQ: NVDA) (NYSE: UBER)Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. C...The Motley Fool
Wed, Apr 23
Cryptocurrencies
Shocking $10 Cardano (ADA) Price Prediction: Can It Materialize? Mutuum Finance (MUTM) Promises A 65X ROI For Early Adopters
The crypto market observes Cardano (ADA) price predictions which anticipate it will reach $10 by 2031 despite its current market value of $0.6153. Mutuum Finance (MUTM) on the other hand attracts strong investor interest while rising in its presale. During its ongoing presale phase Mutuum Finance (MUTM) has managed to sell its tokens worth $7 […]Cryptopolitan
Wed, Apr 23
Commodities
Treasury's Bessent says US growth will top IMF forecasts if Trump policies kick in
April 23 (Reuters) - U.S. economic growth will exceed the International Monetary Fund's downgraded estimate if the Trump administration's policies are implemented, U.S. Treasury Secretary Scott Bessent said on Wednesday.The IMF on Tuesday downgraded its U.S. growth estimate for this year to ...Reuters
Wed, Apr 23
Other
Baker Hughes says limited visibility in oilfield services & equipment segment beyond Q2
April 23 (Reuters) - Baker Hughes Co BKR.O:BAKER HUGHES CEO SAYS INTERNATIONAL UPSTREAM SPENDING IS EXPECTED TO FALL IN LOW TO MID SINGLE DIGIT RANGE: CONF CALLBAKER HUGHES EXPECTS GLOBAL UPSTREAM SPENDING TO BE DOWN BY HIGH SINGLE DIGITS IN 2025BAKER HUGHES EXPECTS LOW DOUBLE DIGIT DECREASE IN UPST...Reuters
Wed, Apr 23
Stocks
Thermo Fisher rises after quarterly profit beat
** Shares of medical equipment maker Thermo Fisher TMO.N rise 2.1% to $443.99** TMO posts Q1 adj. profit of $5.15 per share, beating analysts' estimate of $5.10 per share, according to data compiled by LSEG ** Company reports Q1 revenue of $10.36 billion vs estimate of $10.23 billion ** ...Reuters
Wed, Apr 23
Economic Indicator
US tariffs could shave up to half a percentage point off India GDP, says finance secretary
WASHINGTON, April 23 (Reuters) - The direct hit from tariffs introduced by Donald Trump's administration on India could shave off between 0.2-0.5 percentage points from GDP growth, the country's Finance Secretary Ajay Seth said on Wednesday. "Now there is a sign of that...we grow about 6...Reuters
Wed, Apr 23
Cryptocurrencies
PayPal offers 3.7% yield on its PYUSD stablecoin to boost adoption
PayPal is offering a 3.7% annual yield on its PYUSD stablecoin to get more people using it, after falling behind in a space already dominated by other players. The rewards will go live this summer for PayPal and Venmo users in the U.S., Bloomberg reported on Wednesday. People who hold PYUSD in their wallets will […]Cryptopolitan
Wed, Apr 23
Commodities
China lunar chief accuses US of interfering in joint space programmes with other nations
China accuses US of hindering space cooperation with EuropeILRS has 17 members, versus US Artemis Accords' 50 signatoriesChina-Russia cooperation strong, plan moon-based nuclear reactorBy Eduardo Baptista SHANGHAI, April 23 (Reuters) - The chief designer of China's lunar exploration progr...Reuters
Wed, Apr 23
Stocks
Why Tempus AI Stock Is Skyrocketing Today
Shares of Tempus AI (NASDAQ: TEM) were skyrocketing 16.5% higher as of 10:39 a.m. ET on Wednesday. The big gain came after the healthcare artificial intelligence (AI) company announced a multiyear partnership with AstraZeneca and Pathos AI to build a multimodal foundation model for cancer drug disco...The Motley Fool
Wed, Apr 23
Technical Analysis
GBP/USD slips beneath 1.3300 as USD gains on Powell relief and trade optimism
The Pound Sterling depreciated against the Greenback on Wednesday yet slightly recovered after diving to four-day lows of 1.3230. Traders seemed relieved that US President Donald Trump, although angry with Fed Chair Powell, is not looking to sack him.
Fxstreet
Wed, Apr 23
