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Stocks
Will Netflix Announce a Stock Split on Thursday?
For a company that often releases an entire season of a show at the same time, Netflix (NASDAQ: NFLX) knows that its audience doesn't like to wait. Netflix investors will have to show some patience this earnings season. The world's top premium video service will report its first-quarter results on T...The Motley Fool
Wed, Apr 16
Other
Travelers profit beats as underwriting gains cushion $2 billion wildfire hit
By Niket NishantApril 16 (Reuters) - Insurance bellwether Travelers' TRV.N first-quarter profit exceeded analysts' expectations on Wednesday, as strong underwriting gains helped soften the hit from over $2 billion of catastrophe losses driven by the Los Angeles wildfires.Shares rose 4%, ext...Reuters
Wed, Apr 16
Other
Kennedy to move autism study to newly-created administrative office
WASHINGTON, April 16 (Reuters) - U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. said on Wednesday that he would move the surveillance of U.S. autism rates to the newly created Administration for a Healthy America. Prevalence of autism spectrum disorder in the U.S. among 8-year-o...Reuters
Wed, Apr 16
Stocks
Abbott backs profit forecast, to invest $500 million in US amid tariffs
Abbott invests $500 million in US amid tariff uncertaintyProjects in Illinois and Texas to start by year-endAbbott's Q1 profit beats estimates, glucose monitor sales riseBy Christy Santhosh and Puyaan Singh April 16 (Reuters) - Medical device maker Abbott Laboratories ABT.N maintained its ann...Reuters
Wed, Apr 16
Cryptocurrencies
Donald Trump’s crypto video game could be the next venture after meme coins and NFT collection
United States (US) President Donald Trump is making headlines again for his love of Monopoly, a real-estate-themed board game. Back in 1989, Trump released his version of the game, “Trump: The Game” and worked on a real estate show on the same theme, which never took off.
Fxstreet
Wed, Apr 16
Stocks
U.S. STOCKS ON THE MOVE-Lyft, Hertz Global, Prologis
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes slid on Wednesday, with chipmakers leading declines as Nvidia warned of steep charges from new U.S. curbs on its chip exports to China, making it one of the bi...Reuters
Wed, Apr 16
Other
Amwins SRU confirms launch of new excess casualty sidecar program
By Chris MunroApril 16 - (The Insurer) - Amwins has announced the launch of its new excess casualty sidecar program, confirming earlier reporting from this publication that the wholesaler’s Special Risk Underwriters (SRU) unit had brought the new MSIG capacity-backed offering to market.As E&S In...Reuters
Wed, Apr 16
Other
TikTok begins US testing of 'Footnotes' similar to 'Community Notes' by X
April 16 (Reuters) - TikTok on Wednesday started testing "Footnotes" in the United States, a feature similar to "Community Notes" used by X and Meta META.O, as the short-video platform awaits a deal that will secure its presence in the country.The feature allows users to add "mor...Reuters
Wed, Apr 16
Cryptocurrencies
CAN XRP REALLY HIT $20 THIS QUARTER? HERE’S WHAT ANALYSTS JUST SAID
XRP is once again dominating headlines after renewed chatter from analysts hinting at a possible price explosion to $20 in Q2 2025. With legal clarity strengthening its fundamentals and sentiment rebounding, some traders believe the move could be closer than expected. Here’s how XRP is performing at the time of writing: While bullish calls for […]Cryptopolitan
Wed, Apr 16
Forex
QUOTES-Top Bank of Canada officials speak after central bank holds policy rate steady
TORONTO, April 16 (Reuters) - Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank held its key policy rate steady at 2.75%.MACKLEM ON 2% INFLATION TARGET"Our target is 2% inflation....Reuters
Wed, Apr 16
Stocks
Why Cal-Maine Foods Stock Cracked Today
Shares of Cal-Maine Foods (NASDAQ: CALM), America's biggest egg producer, dropped 3% through 11:10 a.m. ET this morning -- for reasons that had nothing to do with inflation or the rising price of eggs.Rather, Cal-Maine stock tumbled because a handful of its biggest shareholders are selling the stock...The Motley Fool
Wed, Apr 16
Other
Trump fires Democratic board members of the credit union watchdog -statements
April 16 (Reuters) - The White House has fired Todd Harper and Tanya Otsuka, two Democratic board members of the National Credit Union Administration, the officials said in statements on Wednesday."If a President can fire an NCUA Board member at any time, how will we maintain public trust in our...Reuters
Wed, Apr 16
Stocks
Why Shares of Nvidia Are Sinking Today
Shares of Nvidia (NASDAQ: NVDA) were trading nearly 7% lower at 10:52 a.m. ET today. In a filing last night, Nvidia disclosed that it would be taking a $5.5 billion charge in its first quarter of fiscal 2026 after the U.S. government informed the company that it will need a license to export certain...The Motley Fool
Wed, Apr 16
Other
World Bank's Banga says unsure of US contribution to IDA, Trump dialogue constructive
WASHINGTON, April 16 (Reuters) - World Bank President Ajay Banga said on Wednesday that he has had constructive discussions with the Trump administration about the development lender but added that he does not know how much the U.S. will contribute to the bank's fund for the world's poorest ...Reuters
Wed, Apr 16
Stocks
South African assets gain as dollar slumps on tariff uncertainty
JOHANNESBURG, April 16 (Reuters) - South African assets firmed on Wednesday as uncertainty around U.S. tariffs lifted gold prices to record highs and depressed the dollar.At 1504 GMT, the rand traded at 18.8150 against the U.S. dollar ZAR=D3, about 1% stronger than its previous close.The dollar =USD...Reuters
Wed, Apr 16
Economic Indicator
Fitch sees weakest world growth outside pandemic since 2009
LONDON, April 16 (Reuters) - Fitch Ratings cut its global growth forecasts on Wednesday, projecting the weakest expansion since 2009 save for the COVID-19 pandemic as global trade tensions escalate.In a special update to its quarterly global economic outlook, Fitch said it expects world growth to fa...Reuters
Wed, Apr 16
Stocks
Brokerages see potential in UroGen's experimental bladder cancer drug
** Brokerages Scotiabank and Guggenheim see significant potential in UroGen Pharma's URGN.O experimental drug for a type of bladder cancer** Scotiabank says the drug UGN-102 could serve as a niche alternative to standard-of-care labor-intensive surgical procedures** Scotiabank initiates coverage...Reuters
Wed, Apr 16
Stocks
LIVE MARKETS-Investors' guide on how to proceed if Chinese shares vanish from America's stock markets
Dow now ~flat, S&P 500 off ~0.7%, Nasdaq down ~1.6%Fed chair Powell to deliver remarks at 1:30 pm EDT before the Economic Club of ChicagoEuro STOXX 600 index off ~0.5%Dollar down; bitcoin gains >1%; crude up ~2%; gold up >2.5%US 10-Year Treasury yield ~flat at ~4.32%Welcome to the home for...Reuters
Wed, Apr 16
