News
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Economic Indicator
Gold price falls further as Trump softens tone on Powell
Gold price (XAU/USD) is facing profit-taking pressure and nosedives on Wednesday towards $3,300 at the time of writing. The profit taking picked up on comments from United States (US) President Donald Trump, who did a 180-degree turn on his stance on China and the Federal Reserve (Fed).
Fxstreet
Wed, Apr 23
Commodities
BREAKINGVIEWS-Surging gold gives Richemont pricing dilemma
By Yawen Chen LONDON, April 23 (Reuters Breakingviews) - Europe’s luxury giants face a tough call on how much to charge for their handbags and jewellery. This dilemma comes from two fresh challenges – U.S. tariffs and soaring gold prices. For $95 billion Cartier owner Richemont CFR.S the problem ...Reuters
Wed, Apr 23
Other
BE Group Q1 EBIT Loss Is SEK 12 Mln
April 23 (Reuters) - BE Group AB (publ) BEGR.ST:Q1 SALES SEK 1,105 MILLIONQ1 ADJUSTED EBIT SEK -2 MILLIONQ1 EPS SEK -1.08Q1 EBIT SEK -12 MILLIONQ1 NET INCOME SEK -14 MILLIONTHERE IS GREAT UNCERTAINTY AND HOW THIS MAY AFFECT FUTURE QUARTERS AND FULL YEAR OF 2025 IS IMPOSSIBLE TO QUANTIFYSPOT PRICES F...Reuters
Wed, Apr 23
Stocks
Verizon Is Losing Subscribers Again
While there are only three major wireless providers in the United States, competition can be fierce. Verizon (NYSE: VZ) scored a win in the fourth quarter of last year with significant consumer phone subscriber gains, breaking a streak of lackluster results. However, the company's performance in the...The Motley Fool
Wed, Apr 23
Other
Flight from Dollar Assets Forces Trump to Back Down: High Tariffs and Threats to Fire Fed Chair Powell Eased
TradingKey - After two weeks of a massive flight from dollar assets, U.S. President Donald Trump’s relentless pursuit of high tariffs and his controversial plan to challenge the dollar's dominance by threatening to fire Federal Reserve Chair Jerome Powell have proven unsustainable.
Technical Analysis
US Dollar Index Price Forecast: Tests 99.00 support after pulling back from nine-day EMA
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against a basket of six major currencies, has lost its intraday gains, trading around 99.00 during the European hours on Wednesday.Fxstreet
Wed, Apr 23
Stocks
Is Eli Lilly Stock a Buy?
Type 2 diabetes and obesity have become an increasing global healthcare problem, reaching near crisis proportions in the United States. The arrival of GLP-1 agonists, drugs that mimic hormones to slow digestion and quell hunger, offers a potential solution and has created one of the pharmaceutical i...The Motley Fool
Wed, Apr 23
Other
Truck maker Volvo cuts North America truck market outlook amid tariff uncertainty
By Agata Rybska and Jesus Calero April 23 (Reuters) - Truck maker Volvo VOLVb.ST lowered its North America market outlook on Wednesday, pointing to increased uncertainty around tariffs and their impact on global trade, as it reported a bigger-than-expected fall in first-quarter profit. The Swedi...Reuters
Wed, Apr 23
Stocks
Is Tesla's Q1 Earnings Report a Turning Point? Musk to Resign from DOGE as Tariff War Eases
TradingKey - Despite electric vehicle leader Tesla (TSLA.US) posting disappointing results for the first quarter of 2025, with both revenue and profits declining, the two major "headaches" that have been worrying the market seem to be on the verge of being resolved: CEO Elon Musk is set to step...
TradingKey
Wed, Apr 23
Stocks
2 Artificial Intelligence (AI) Stocks to Buy on the Dip Right Now
Artificial intelligence (AI) stocks have delivered impressive gains to investors over the past couple of years or so. But they have fallen out of favor in 2025, thanks to ongoing economic turmoil triggered by the tariff war and concerns regarding the viability of the huge amounts of money spent on A...The Motley Fool
Wed, Apr 23
Stocks
Oklo down as Sam Altman to step down as chairman
** Shares of nuclear technology firm Oklo OKLO.N down 1.1% at $21.29 premarket** Co late on Tuesday said OpenAI CEO Sam Altman will step down as Oklo's chairman** Oklo CEO & co-founder Jacob DeWitte to take over role of chairman** OKLO, which went public in 2024 through a merger with Altman&...Reuters
Wed, Apr 23
Stocks
Lululemon Stock Analysis: I Highlight 3 Risks Investors Should Know and Update My Recommendation
Lululemon's (NASDAQ: LULU) international supply chain could become a liability amid rising tariffs.*Stock prices used were the afternoon prices of April 20, 2025. The video was published on April 22, 2025.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 b...The Motley Fool
Wed, Apr 23
Stocks
Tesla, Broadcom, and TSMC All Lost Their Trillion-Dollar Club Memberships. Which One Is Most Likely to Rejoin First?
The trillion-dollar club got a little bit smaller over the last few weeks.Tesla (NASDAQ: TSLA), Broadcom (NASDAQ: AVGO), and Taiwan Semiconductor Manufacturing (NYSE: TSM) all got the boot as part of the broader sell-off in stocks that hit tech companies particularly hard. All three now sit around a...The Motley Fool
Wed, Apr 23
Forex
FOREX-Dollar steadies as Trump cools Fed rebuke, hints trade deal optimism
After soaring initially, dollar steadies against most currenciesTrump backs away from threat to fire Fed's PowellOptimism around trade deals soothe investor worries By Ankur Banerjee and Yadarisa Shabong SINGAPORE, April 23 (Reuters) - The U.S. dollar steadied against its major peers on Wedne...Reuters
Wed, Apr 23
