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Verve adds Dual’s Steward to lead forestry play
By Chris MunroApril 22 - (The Insurer) - Verve Risk Services has brought in Gordon Steward from rival MGA platform Dual Group to lead its expansion into the forestry industry in Latin America, Southeast Asia, Australia, New Zealand and South Africa.Steward, who has been appointed head of forestry, w...Reuters
Tue, Apr 22
Other
Trump administration to respond in court to Harvard's funding freeze challenge, White House says
WASHINGTON, April 22 (Reuters) - The Trump administration will respond in court to Harvard University's lawsuit seeking to block a federal funding freeze imposed after the institution rejected a list of White House demands that it said would undermine its independence, White House spokeswoman Ka...Reuters
Tue, Apr 22
Stocks
Carvana up after Piper Sandler raises PT
** Online used-car retailer Carvana's CVNA.N shares rise 9.2% to $213.8** Piper Sandler raises PT on CVNA to $230 from $225** Says as long as automotive credit keeps flowing, CVNA will continue growing unit sales, even if higher prices prompt lower market-wide transactions ** Used vehicle sales ...Reuters
Tue, Apr 22
Other
Trump plans to speak with India's Modi after Kashmir attack
April 22 (Reuters) - U.S. President Donald Trump plans to speak with Indian Prime Minister Narendra Modi to express his "heartfelt condolences" after suspected militants opened fire on tourists in India's Jammu and Kashmir territory, killing at least 20 people, the White House said on Tu...Reuters
Tue, Apr 22
Other
China says Iran's foreign minister will visit on Wednesday
BEIJING, April 22 (Reuters) - Iran's Foreign Minister Seyed Abbas Araqchi will visit China on April 23 at the invitation of China, the Chinese foreign ministry announced on Tuesday.The two sides will discuss bilateral relations and international and regional hot-spot issues of common concern, mi...Reuters
Tue, Apr 22
Stocks
BREAKINGVIEWS-Crafty CEOs peek around tariff corners
By Sebastian Pellejero NEW YORK, April 22 (Reuters Breakingviews) - There are many reasons to dump U.S. stocks, but even in bad markets there are good opportunities. In these trade-ravaged times, some companies have positioned themselves, relatively speaking, to ride out the turmoil, for a while...Reuters
Tue, Apr 22
Stocks
Why Palantir Stock Is Surging Today
After sell-offs yesterday, Palantir (NASDAQ: PLTR) stock is rising in Tuesday's trading. The software specialist's share price was up 3.6% as of 10:15 a.m. ET amid the backdrop of a 1.9% gain for the S&P 500 and a 2.1% gain for the Nasdaq Composite. The stock had been up as much as 6.1% earlier in t...The Motley Fool
Tue, Apr 22
Other
Democrat Phillips resigns from US energy regulatory panel
WASHINGTON, April 22 (Reuters) - Willie Phillips, a Democratic commissioner on the U.S. Federal Energy Regulatory Commission, resigned on Monday, opening the way for President Donald Trump to nominate another member who would give the five-member panel a Republican majority.The resignation of Philli...Reuters
Tue, Apr 22
Other
White House: Trump envoy Witkoff will visit Russia this week for Putin talks
WASHINGTON, April 22 (Reuters) - U.S. special envoy Steve Witkoff will travel to Russia for talks later this week with Russian President Vladimir Putin about the war in Ukraine, White House press secretary Karoline Leavitt told reporters on Tuesday.Leavitt said "we're hopefully moving in the...Reuters
Tue, Apr 22
Stocks
Here's How RTX Shocked the Market Today (Hint: It's Tariff Related)
Comments about tariff impacts helped send the stock of aerospace and defense company RTX (NYSE: RTX) down today. It was down 10.5% at 1:30 p.m. ET as broader markets rallied. RTX's first-quarter earnings and guidanceThere was nothing wrong with RTX's first-quarter earnings report released today, and...The Motley Fool
Tue, Apr 22
Stocks
Why Halliburton Stock Is Down Today
Oil services company Halliburton (NYSE: HAL) delivered a first-quarter report that met analysts' expectations, but also warned of troubles ahead. Investors were disappointed, sending Halliburton shares down by as much as 10% at the open and down by 6% as of 1:28 p.m. ET, even as the broader market r...The Motley Fool
Tue, Apr 22
Other
Vladimir Putin offers to halt Ukraine invasion along current front line, FT reports
April 22 (Reuters) - Russian President Vladimir Putin has offered to halt his invasion of Ukraine across the current front line as part of efforts to reach a peace deal with U.S. President Donald Trump, the Financial Times reported on Tuesday citing people familiar with the matter.Putin told Steve W...Reuters
Tue, Apr 22
Technical Analysis
Gold pulls back from $3,500 record as China trade hopes spur profit-taking
Gold price retreats after hitting a record high at $3,500, but traders booking profits and improving risk appetite send the Bullion drifting lower, although US Treasury yields drop. At the time of writing, XAU/USD hovers near $3,400, down over 0.63%.
Fxstreet
Tue, Apr 22
Other
US proposes recognizing Crimea as Russian, Washington Post reports
WASHINGTON, April 22 (Reuters) - The United States is proposing to recognize Russia's illegal annexation of Crimea and freeze the war's front lines as part of a peace agreement, The Washington Post reported on Tuesday, citing several people familiar with deliberations.The U.S. proposals were...Reuters
Tue, Apr 22
Stocks
Bernstein downgrades eBay on tariff concerns and softening e-commerce environment
** Brokerage Bernstein downgrades e-commerce firm eBay EBAY.O to "market perform" from "outperform," trims PT to $65 from $70 ** PT implies a 3.3% downside to the stock's last close ** The operating environment for e-commerce has changed, with softer data and tariffs exacerbating...Reuters
Tue, Apr 22
Commodities
Bessent sees de-escalation in US-China trade tensions, talks to be 'a slog'
WASHINGTON, April 22 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Tuesday that he believes there will be a de-escalation in U.S.-China trade tensions, but described future negotiations with Beijing as a "slog" that has not started yet, according to a person who heard his closed-...Reuters
Tue, Apr 22
Stocks
Why Lockheed Martin Stock Is Volatile Today
Expectations were low for Lockheed Martin (NYSE: LMT) heading into earnings season, but the company's results turned out better than some had expected.Shares of Lockheed opened down nearly 4% but rallied to be up 2% as of noon Eastern.Where to invest $1,000 right now? Our analyst team just revealed ...The Motley Fool
Tue, Apr 22
Commodities
White House says it has received trade deal proposals from 18 countries
April 22 (Reuters) - The Trump administration has received trade deal proposals from 18 nations while officials, including U.S. Commerce Secretary Howard Lutnick, are meeting this week with 34 countries to discuss trade, the White House said on Tuesday.Reuters
Tue, Apr 22
Other
White House: doing very well on potential trade deal with China
WASHINGTON, April 22 (Reuters) - The United States is doing well in its discussions about a potential trade deal with China, White House press secretary Karoline Leavitt told reporters on Tuesday."I asked the president about this before coming out here, and he wanted me to share with all of you ...Reuters
Tue, Apr 22
Commodities
GRAINS-Chicago soybeans get a technical bounce, corn and wheat ease
Soybeans rebound following Monday's markets selloffWeak dollar underpins U.S. grains Limited showers forecast for U.S. Midwest would allow corn planting windowBy Renee Hickman CHICAGO, April 22 (Reuters) - Chicago soybean futures bounced on Tuesday while corn and wheat eased as broader financ...Reuters
Tue, Apr 22
