News
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Economic Indicator
Truist Q1 profit falls on weakness in investment banking and trading business
April 17 (Reuters) - Truist Financial TFC.N reported a fall in first-quarter profit on Thursday due to weakness in its investment banking and trading unit amid U.S. President Donald Trump's whiplash trade policies.Shifting expectations of global tariffs have triggered market turbulence and sharp...Reuters
Thu, Apr 17
Economic Indicator
POLL-Tariffs to trigger sharp US economic slowdown; chance of recession jumps to 45%
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=USFOMC%3DECI Fed rates poll datareuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=USGDPAAP U.S. economic poll dataReuters poll graphic on U.S. one-year recession probability: https://tmsnrt.rs/43WRWHXReuters poll...Reuters
Thu, Apr 17
Stocks
Hooker Furnishings rise on higher Q4 sales, cost-saving plans
** Shares of retailer Hooker Furnishings HOFT.O up 8.3% at $8.20 premarket ** Company's Q4 net sales increase 21.7% to $104.5 million ** Posts net loss of $2.3 million, or 22 cents per share, compared with a profit of $593 million, or 6 cents per share, a year ago ** CEO Jeremy Hoff says th...Reuters
Thu, Apr 17
Stocks
Trump's Tariffs: 2 Growth Stocks That Are No-Brainer Buys on the Dip
On March 9, President Donald Trump decided to pause the previously announced expanded tariffs on most countries. The news sent equities soaring, but nobody knows what will happen next. Even with the jump that stocks experienced, many are still in the red for the year -- and some of them are worth in...The Motley Fool
Thu, Apr 17
Stocks
This Tech Giant Is a Stock Buyback Leader. Here's What That Means for Investors.
Companies generate revenue by selling something. The soundest businesses pay off their bills, invest in capital projects, and end up with free cash flow (FCF).One way to use this FCF is for management teams to repurchase shares of stock. This is generally viewed as a value-accretive endeavor as fewe...The Motley Fool
Thu, Apr 17
Stocks
3 Reasons Netflix Can Continue Crushing the S&P 500 in 2025 and Beyond
On Thursday, Netflix (NASDAQ: NFLX) will be one of the first nonfinancial companies to report results in the second earnings season of calendar year 2025. Expectations are high because the stock is crushing the S&P 500 year to date (YTD) and is coming off a 83.1% gain in 2024.Here are three reasons ...The Motley Fool
Thu, Apr 17
Economic Indicator
Thai economic growth to see hit from US tariffs, central bank says
By Orathai Sriring and Kitiphong Thaichareon BANGKOK, April 17 (Reuters) - Thailand's economic growth will be hit by U.S. tariffs on its exports, although the impact on activity won't be as great as during the COVID-19 pandemic, a senior central bank official said on Thursday.The U.S. tar...Reuters
Thu, Apr 17
Other
UIB charged by UK’s SFO with bribery in Ecuador
By Ryan HewlettApril 17 - (The Insurer) - An entity relating to Lloyd’s broker United Insurance Brokers Limited (UIBL) has been charged by the UK’s Serious Fraud Office over alleged bribes paid to officials in Ecuador.The SFO said on Thursday that it had charged UIBL with failing to prevent associat...Reuters
Thu, Apr 17
Cryptocurrencies
Ethereum gas drops to near-zero as demand vanishes
Ethereum (ETH), the biggest altcoin, is struggling to hold on to its dominance in the digital assets market, and its fee drop to a five-year low reflects that. In the meantime, Solana appears to be benefiting in this race as Ether is printing red indexes all the way around. DeFiLlama data shows that Ether’s total […]Cryptopolitan
Thu, Apr 17
Other
UN nuclear watchdog says it should be involved in Iran, US nuclear talks
DUBAI, April 17 (Reuters) - The UN nuclear watchdog should play a role in nuclear talks between Tehran and Washington, International Atomic Energy Agency chief Rafael Grossi said on Thursday, ahead of a second round of talks between the U.S. and Iran. Grossi, who arrived in Tehran on Wednesday, held...Reuters
Thu, Apr 17
Stocks
Vipshop Filed 2024 Annual Report on Form 20-F
GUANGZHOU, China, April 17, 2025 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced that the Company has filed its annual report on Form 20-F that includes its audited financi...PR Newswire
Thu, Apr 17
Stocks
CANADA STOCKS-TSX futures rise as markets assess US-Japan trade talks
April 17 (Reuters) - Futures for Canada's main stock index climbed on Thursday after President Donald Trump hailed "big progress" in the U.S.-Japan trade negotiations on Wednesday, although sentiment remained fragile amid tariff uncertainties. June futures on the S&P/TSX index SXFcv1...Reuters
Thu, Apr 17
Stocks
BMO downgrades Novo Nordisk on faltering lead over Lilly in obesity
** Brokerage BMO Capital Markets believes Danish drugmaker Novo Nordisk's NOVOb.CO obesity rival Eli Lilly LLY.N has made sizable advancements in its commercial and clinical portfolio, causing it to overtake Novo's early lead** BMO cuts PT for Novo Nordisk NOVOb.CO to $64 from $105, downgrad...Reuters
Thu, Apr 17
Cryptocurrencies
Crypto Winter Ahead? Coinbase Warns of Bearish Signals Across the Market
Cryptocurrency markets are showing several converging signs of weakness, suggesting a potential onset of another “crypto winter,” according to a recent report by Coinbase Institutional. Despite a brief price recovery in Bitcoin, broader indicators are flashing caution due to sustained macroeconomic ...Bitcoinist
Thu, Apr 17
Cryptocurrencies
Aptos (APT) To Continue Moving In ‘No Man’s Land’ – Can It Reclaim $5?
After falling from its Macro Range, Aptos (APT) has faced rejection from key levels. Amid its 15% monthly decline, some analysts suggest that APT’s party won’t continue until the $5 resistance is reclaimed. Related Reading: Is The Storm Over For Ethereum? Analyst Says ‘Face-Melting’ Rally Comes Next...NewsBTC
Thu, Apr 17
Stocks
2 Warren Buffett Stocks to Buy Hand Over Fist and 1 To Avoid
The broader stock market may be experiencing turbulence, but Berkshire Hathaway remains a shining beacon of success. Guided by the legendary Warren Buffett, this conglomerate continues to deliver for investors year after year. Over the past 25 years, Berkshire Hathaway has achieved an impressive ann...The Motley Fool
Thu, Apr 17
Stocks
QXO drops on $500 mln equity raise for Beacon Roofing deal
** Shares of building-products distributor QXO QXO.N down 6.5% premarket at $13.34 after acquisition-related follow-on priced** Greenwich, Connecticut-based QXO late Weds sold ~37.7 mln shares at $13.25 for $500 mln gross proceeds with ** Offering priced at 7.1% discount to last sale** QXO plans to...Reuters
Thu, Apr 17
