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Morning News Call - Canada, April 17
(Morning News Call - Canada edition will not be published on Friday, April 18, on account of the Good Friday holiday) To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your ...Reuters
Thu, Apr 17
Stocks
Eli Lilly shares jump 12% on positive Phase 3 results for oral diabetes drug
Investing.com -- Shares of Eli Lilly and Company (NYSE:LLY) surged 12.5% following the announcement of positive Phase 3 trial results for orforglipron, a pioneering oral medication for type 2 diabetesInvesting.com
Thu, Apr 17
Commodities
Russia ramps up oil products supplies to Indonesia
MOSCOW/SINGAPORE, April 17 (Reuters) - Russia is ramping up shipments of oil products to Indonesia as Moscow seeks to expand new markets for its exports in the wake of Western sanctions imposed over its invasion of Ukraine, market sources said and LSEG data showed on Thursday.Since a full European U...Reuters
Thu, Apr 17
Other
UAE, Saudi Arabia deny reports of involvement in talks about land offensive in Yemen
UAE official says reports of offensive are 'wild unsubstantiated stories'Two media outlets said US involved in talks about offensiveSaudi Arabia wound down Yemen campaign with peace talks, 2022 truce DUBAI, April 16 (Reuters) - The United Arab Emirates and Saudi Arabia on Wednesday denie...Reuters
Thu, Apr 17
Stocks
Worried About a Bear Market? Here's What Warren Buffett Says to Do
Market volatility is back. After two straight years of up markets -- 2023 and 2024 were some of the best years in the S&P 500's history -- 2025 has brought back the pain.While the S&P 500 index has not officially fallen 20%, therefore triggering a bear market declaration, it is in its sharpest drawd...The Motley Fool
Thu, Apr 17
Stocks
U.S. STOCKS ON THE MOVE-UnitedHealth Group, Marex Group, Snap-On
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures rose on Thursday, as investors cautiously welcomed tariff talks between the U.S. and Japan on the final trading day of the week, recovering some ground after sharp l...Reuters
Thu, Apr 17
Stocks
Snap-On misses quarterly estimates as demand falls for auto repair tools
April 17 (Reuters) - Toolmaker Snap-On SNA.N missed estimates for first-quarter profit and revenue on Thursday, as vehicle service and repair technicians were reluctant to buy its products amid threats of price rise and recession.Shares of the company fell 6% to $312 in premarket trading.Fears of pr...Reuters
Thu, Apr 17
Commodities
Puerto Rico power restored to 41.5% of customers after island-wide blackout
April 17 (Reuters) - Puerto Rico power company Luma energy said it restored power to about 41.5% of customers by Thursday morning after an island-wide blackout on Wednesday.Luma said on its website that around 609,711 of its roughly 1.5 million customers had service at 6:25 a.m. local time.Reuters
Thu, Apr 17
Other
Trump says Fed chair Powell's termination can't 'come fast enough!'
April 17 (Reuters) - U.S President Donald Trump said Federal Reserve Chair Jerome Powell's termination "cannot come fast enough", while calling for the U.S. central bank to cut interest rates. In a post on his social media platform Truth Social, Trump reiterated his stance on rate cut...Reuters
Thu, Apr 17
Other
Regions Financial's first-quarter profit rises on strong wealth management income
April 17 (Reuters) - Regions Financial RF.N reported a higher profit in the first quarter, on the back of a rise in its wealth management income amid market volatility. Uncertainties caused by back-and-forth tariffs from U.S. president Donald Trump have led to high volatility in global markets, prom...Reuters
Thu, Apr 17
Cryptocurrencies
Coinbase-backed Base under scrutiny as ContentCoin loses millions in market value
Ethereum layer-2 network Base is at the center of a controversy after it appeared to have promoted a pump-and-dump memecoin. The Coinbase-backed project posted a promotional image with the tagline “Base is for everyone” on X and shared the link to a token by the same name on Zora. Its action led to massive interest […]Cryptopolitan
Thu, Apr 17
Economic Indicator
Botswana holds main interest rate for fourth meeting in a row
By Brian BenzaGABORONE, April 17 (Reuters) - Botswana's central bank held its main lending rate at 1.90% on Thursday, citing balanced risks to the inflation outlook despite global economic uncertainty sparked by U.S. tariffs slapped on most countries.The Bank of Botswana maintained its monetary ...Reuters
Thu, Apr 17
Other
Morning News Call - U.S., April 17
(Morning News Call - U.S. edition will not be published on Friday, April 18, on account of the Good Friday holiday)To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through yo...Reuters
Thu, Apr 17
Stocks
Here's What Rivian's CEO Just Said About Trump's Tariffs
American automakers are reeling after President Donald Trump imposed a 25% tariff on vehicles and parts imported from Mexico and Canada. The high tariffs mean the prices on millions of vehicles sold in the U.S. could increase.Making matters worse is that Trump's trade war with China has escalated to...The Motley Fool
Thu, Apr 17
Technical Analysis
Bitcoin Price Forecast: BTC holds $84,000 despite Fed’s hawkish remarks and spot ETFs outflows
Bitcoin (BTC) is stabilizing around $84,000 at the time of writing on Thursday after facing multiple rejections around the 200-day Exponential Moving Average (EMA) at $85,000 since Saturday.
Fxstreet
Thu, Apr 17
Stocks
Eli Lilly jumps as pill leads to 7.9% weight loss in late-stage trial
** Shares of drugmaker Eli Lilly LLY.N rise 11.3% to $817.99 premarket** Company says its oral drug orforglipron led to an average weight loss of 7.9% and lowered blood sugar for overweight patients with type 2 diabetes in a late-stage trial** U.S.-listed shares of Lilly's obesity drug rival Nov...Reuters
Thu, Apr 17
