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Stocks
Crypto stocks down as bitcoin falls after Trump's tariff announcement
** Crypto and blockchain-related stocks fall in early trading** Bitcoin BTC=, the world's biggest cryptocurrency, falls 0.4%, while Ether ETH= down 1.2%** U.S. President Donald Trump late Wednesday unleashed sweeping tariffs on dozens of rivals and allies** Tariffs have rattled confidence and de...
Reuters
Thu, Apr 3
Other
Liberty Mutual promotes Korte to president of North America middle market
By Isha MaratheApril 3 - (The Insurer) - Liberty Mutual has promoted Dieter Korte to president, middle market, global risk solutions, North America, reporting to GRS NA president Marc Orloff. Korte joined Liberty Mutual in 2023 as chief underwriting officer, middle market, and has served as interim...
Reuters
Thu, Apr 3
Stocks
Great News for Micron Stock Investors
Micron's (NASDAQ: MU) management team has excellently prepared for the upcycle in semiconductor sales.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of March 30, 2025...
The Motley Fool
Thu, Apr 3
Stocks
LIVE MARKETS-Gearing down cruise mode: Scotiabank downgrades US equities after latest tariffs
US equity indexes red; Nasdaq down >4%Initial jobless claims 219k vs 225k estimateFeb Intl trade -$122.7B vs -$123.5B estimate Euro STOXX 600 index down >2%Dollar down ~1.5%; gold off ~0.6%; bitcoin drops >4%; crude down ~7%US 10-Year Treasury yield slides to ~4.02%Welcome to the home for r...
Reuters
Thu, Apr 3
Commodities
Colorado State researchers forecast above-average 2025 hurricane season
HOUSTON, April 3 (Reuters) - Colorado State University forecasters in an early prediction said on Thursday the upcoming 2025 hurricane season would be above average with four major hurricanes out of nine hurricanes among 17 named storms, according to a statement. The researchers predict activity abo...
Reuters
Thu, Apr 3
Stocks
Apple hits 8-mth low as analysts warn Trump's tariffs to squeeze profits
** Shares of iPhone maker Apple AAPL.O slump as much as 9.51% to $202.6, its lowest since August, after U.S. President Donald Trump's sweeping tariffs ** Stock set for worst day since September 2020, if losses hold ** Rosenblatt Securities says AAPL could face $39.5 billion in tariff costs,...
Reuters
Thu, Apr 3
Commodities
Trump's highest tariff will kill tiny African kingdom of Lesotho, economist says
By Marafaele Mohloboli MASERU, April 3 (Reuters) - A 50% reciprocal trade tariff on Lesotho, the highest levy on U.S. President Donald Trump's long list of target economies, will kill the tiny Southern African kingdom that Trump ridiculed last month, an economic analyst there said on Thursday...
Reuters
Thu, Apr 3
Stocks
HSBC downgrades Nvidia, slashes target as it sees limited upside
Investing.com -- HSBC downgraded Nvidia Corp (NASDAQ:NVDA) to Hold from Buy, citing limited upside potential in the near term as the company enters a transition phase ahead of new AI market opport
Investing.com
Thu, Apr 3
Stocks
RH plunges to 4-year low on weak forecast, tariff concerns
** Shares of luxury furniture retailer RH RH.N tumble 35.7% to $159.1** Stock hit more than four-year low, set for worst day on record** Co forecasts annual revenue below analysts' expectations, according to data compiled by LSEG** "We expect a higher risk business environment this year due ...
Reuters
Thu, Apr 3
Commodities
US natgas prices climb 3% to two-week high on lower output, higher demand forecasts
US gas output on track to drop from record high in MarchUS LNG export feedgas on track to drop from record high in MarchUS gas inventories on track for rare build in MarchBy Scott DiSavinoApril 3 (Reuters) - U.S. natural gas futures climbed about 3% to a two-week high on Thursday on a drop in output...
Reuters
Thu, Apr 3
Stocks
Where Will Plug Power Be in 3 Years?
You may not see hydrogen fueling stations popping up in your neighborhood, but this doesn't mean that enthusiasm for the power source is nonexistent. Research from Global Market Insights suggests that the global hydrogen industry was valued at $204.5 billion in 2024 and will grow to $603.3 billion i...
The Motley Fool
Thu, Apr 3
Stocks
JPM sees positives for European gold miners, urges caution on steel makers
** J.P. Morgan says U.S. tariffs could hit European metal companies in disparate ways - remains bullish on gold miners, selective on copper and cautious on steel makers** According to JPM, "if sustained" newly announced U.S. tariffs "would likely push the US economy into recession this y...
Reuters
Thu, Apr 3
Stocks
US solar stocks fall, Jefferies says near-term pricing can rise
** Shares of solar companies fall after U.S. President Donald Trump imposes new tariffs on all imports into the country ** Reciprocal tariffs on countries that the U.S. imports from — like Vietnam, Malaysia, Thailand and Cambodia — will lead to costs heading higher and "contributing to a wider i...
Reuters
Thu, Apr 3
Economic Indicator
US ISM Services PMI drops to 50.8 in March
Economic activity in the US service sector eased momentum in March, with the ISM Services PMI receding to 50.8 from 53.5 in February, missing analysts’ estimates of 53.0.
Fxstreet
Thu, Apr 3
Other
Colt Cz Group Says Introduction Of Tariffs Will Have A Material Impact On Group's Financial Performance
April 3 (Reuters) - Colt CZ Group SE CZG.PR:COLT CZ GROUP: INTRODUCTION OF TARIFFS WILL HAVE A MATERIAL IMPACT ON THE GROUP’S FINANCIAL PERFORMANCECOLT CZ GROUP: DOES NOT EXPECT A MAJOR IMPACT ON ITS PLANNED TOTAL REVENUES; BUT DOES SEE POTENTIAL IMPACT ON EBITDACOLT CZ GROUP: FOR TIME BEING, NOT RE...
Reuters
Thu, Apr 3
Economic Indicator
NZD/USD jumps to near 0.5850 as the US Dollar takes a hard hit after Liberation Day
The NZD/USD pair advances swiftly to near 0.5850 in Thursday’s North American session.
NZD/USD
Fxstreet
Thu, Apr 3
Economic Indicator
India says studying impact of 27% US tariff, vows to push trade deal
India's non-tariff barriers hurt US exports, White House saysIndia says studying impact of tariff and likely opportunitiesNew Delhi vows to push ongoing talks for 2025 trade deal with USUS move could push India towards other trade blocs, expert saysIndian markets largely unperturbed, recover aft...
Reuters
Thu, Apr 3
Commodities
Trump's tariffs set to drive up bar bills and wipe out spirits jobs
Tariffs add to drinks industry painSome shares flat or even higher as worst-case levies avoidedMany drinks must be made in specific areas, cannot move output to USBy Emma Rumney, Elisa Anzolin, Sybille de La Hamaide LONDON/MILAN/PARIS, April 3 (Reuters) - U.S. drinkers will pay more for cocktails...
Reuters
Thu, Apr 3
Stocks
Landstar slides after Q1 EPS guidance cut, flags supply-chain fraud probe
** Landstar System's LSTR.O shares down 5.5% to $143.62 early Thurs after freight firm cut current qtr earnings guidance and said it identified a significant supply-chain fraud** LSTR shares hit lowest since Nov 2022 amid broader market selloff after President Trump's latest tariffs salvo .N...
Reuters
Thu, Apr 3
Stocks
Steep US tariffs on Africa signal end of trade deal meant to boost development
Poor nations like Lesotho, Madagascar among hardest-hitTrump imposes 31% tariff on top exporter South AfricaAGOA trade deal between US and Africa expires in SeptemberStiff tariffs suggest deal won't be renewed, trade group saysKenya sees opportunity in lower tariffs than for Asian rivalsBy Nqobi...
Reuters
Thu, Apr 3
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