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Stocks
CoreWeave IPO: Is this Fast-Growing AI Stock a Buy Right Now?
Since artificial intelligence (AI) caught the attention of the market beginning in November 2022, Nvidia (NASDAQ: NVDA) has set the bar for blockbuster growth among AI-associated stocks. The GPU specialist posted five straight quarters of triple-digit revenue growth through fiscal 2024 and 2025, pea...The Motley Fool
Wed, Apr 2
Commodities
IATA airlines chief warns aviation industry falling behind on net zero
IATA airlines chief says wider aviation sector slow on net zero Walsh says airline CEOs increasingly concerned about 2050 goalSays interim target of 5% lower emissions in 2030 is unreachableSays fuel companies failing to meet SAF supply pledgesBy Tim Hepher and Joanna Plucinska PARIS/LONDON, Apri...Reuters
Wed, Apr 2
Stocks
Denali Therapeutics begins marketing application for genetic disorder drug, shares rise
** California-based drug developer Denali Therapeutics DNLI.O rise 11.4% to $13.70** DNLI says it has started the rolling submission of a marketing application for accelerated FDA approval of its experimental drug, tividenofusp alfa, to treat a type of rare genetic disorder called Hunter syndrome** ...Reuters
Wed, Apr 2
Other
Junta chief to leave quake-striken Myanmar for summit, aid groups clamour for access
Isolated junta boss could boost legitimacy with Thailand tripMilitary announces unilateral ceasefire Death toll from 7.7 magnitude quake passes 3,000, CCTV saysHospitals overwhelmed, medicines scarce, relief groups say April 2 (Reuters) - Myanmar's ostracised leader Min Aung Hlaing will leave...Reuters
Wed, Apr 2
Other
TREASURIES-Yields little changed after data with tariffs on deck
Private payrolls exceed expectations, ADP report showsFactory orders rise slightly, likely due to pre-tariff rushTrump's tariff plans raise concerns of economic slowdownBy Chuck Mikolajczak NEW YORK, April 2 (Reuters) - U.S. Treasury yields were little changed on Wednesday, with the short-end...Reuters
Wed, Apr 2
Commodities
Trump administration adds beer, can imports to 25% US aluminum tariffs
WASHINGTON, April 2 (Reuters) - The U.S. Commerce Department on Wednesday revised President Donald Trump's 25% tariffs on derivative aluminum products to include all beer and empty aluminum can imports.Commerce said in a Federal Register notice that duties on these products would be collected st...Reuters
Wed, Apr 2
Commodities
US regulator suspends Colonial Pipeline's proposed changes to fuel shipping terms
By Nicole Jao and Shariq Khan NEW YORK, April 1 (Reuters) - The Federal Energy Regulatory Commission issued an order to suspend Colonial Pipeline's proposed changes to fuel shipping terms for seven months.Colonial Pipeline sought FERC's approval last month to stop shipping different grade...Reuters
Wed, Apr 2
Other
Euro zone bond yields steady as markets eye Trump tariffs
Yields slightly firmer, but not far from four-week lowsAll eyes on Trump's tariff announcement later WednesdayOngoing talks over tariffs could keep markets on edgeBy Yadarisa Shabong April 2 (Reuters) - Euro zone bond yields were slightly higher, but not far from four-week lows, on Wednesday ...Reuters
Wed, Apr 2
Commodities
Manischewitz wine caught in tariffs dispute as Canadian Jews prepare for Passover
Canadian Jews face shortage of Manischewitz wine due to trade tensionsProvincial bans on US alcohol affect Passover preparationsCanadian kosher producers see opportunity amid 'Buy Canadian' movementBy Ed White and Leah DouglasWINNIPEG, Manitoba, April 2 (Reuters) - For Jews in Canada, much l...Reuters
Wed, Apr 2
Other
EXCLUSIVE-Safran to win EU approval for $1.8 billion Collins deal, sources say
By Foo Yun Chee BRUSSELS, April 2 (Reuters) - French engine and aircraft equipment maker Safran SAF.PA is set to secure conditional EU antitrust approval for its $1.8 billion bid for Collins Aerospace's flight controls business, people with direct knowledge of the matter said on Wednesday.The...Reuters
Wed, Apr 2
Economic Indicator
US crude inventories rise as imports jump ahead of new tariffs, EIA says
By Liz Hampton and Georgina McCartneyNEW YORK, April 2 (Reuters) - U.S. crude oil stockpiles rose sharply last week as refinery utilization declined and imports rose and the market braced for new tariffs from the Trump administration, the Energy Information Administration said on Wednesday. Crude in...Reuters
Wed, Apr 2
Other
Trump tells Cabinet, others that Musk will leave soon, Politico reports
WASHINGTON, April 2 (Reuters) - U.S. President Donald Trump has told members of his Cabinet and other close contacts that his billionaire ally Elon Musk will soon step back from his government role, Politico reported on Wednesday, citing three people close to Trump.Trump has tasked the Tesla TSLA.O ...Reuters
Wed, Apr 2
Stocks
Tesla gains after report says Musk will leave role as governing partner
** Shares of electric automaker Tesla TSLA.O reverse course, rise 4% to $279.38 ** U.S. President Donald Trump has told his inner circle, including members of his Cabinet, that Tesla CEO Elon Musk will be stepping back in the coming weeks from his current role as governing partner, Politico report...Reuters
Wed, Apr 2
Stocks
ConnectM Tech surges after receiving take-private offer
** Shares of clean energy tech provider ConnectM Technology Solutions CNTM.O more than double to $1.05 ** CNTM says it has received a proposal offering $1.60 per share in cash from its three largest institutional investors to acquire all remaining outstanding shares of the company** Offer represents...Reuters
Wed, Apr 2
Other
Russian, Iranian deputy foreign ministers discuss negotiations on Tehran's nuclear programme, RIA reports
MOSCOW, April 2 (Reuters) - Iranian Deputy Foreign Minister Majid Takht Ravanchi discussed ongoing negotiations regarding Tehran's nuclear programme with Russian counterpart Sergei Ryabkov, the state-run RIA news agency said on Wednesday, citing the Iranian embassy in Moscow.RIA did not disclose...Reuters
Wed, Apr 2
Other
US judge blocks Trump cuts to legal aid for migrant children
By Nate RaymondApril 2 (Reuters) - A federal judge ordered U.S. President Donald Trump's administration to temporarily restore funding for programs that provide legal services for unaccompanied children in immigration proceedings.U.S. District Judge Araceli Martinez-Olguin in San Francisco late ...Reuters
Wed, Apr 2
Forex
BofA raises exchange operator CME PT citing macroeconomic and retail factors
** BofA Global Research raises PT on exchange operator CME Group CME.O to $219 from $200** Brokerage cites macroeconomic and retail tailwinds** "The budding trade war has propelled FX futures to record volumes and has sparked speculation in physical commodities where tariffs complicate the mecha...Reuters
Wed, Apr 2
