News
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Stocks
Raymond James upgrades SouthState to 'strong buy', cuts PT
** Brokerage Raymond James raises regional U.S. bank South State SSB.N to "strong buy" from "outperform"; cuts PT to $115 from $120** "Credit protection from marking Independent Bank's balance sheet along with legacy SSB’s strong underwriting track record should assuage fears...Reuters
Wed, Apr 2
Cryptocurrencies
South Korea’s 7-Eleven to accept CBDC payments
South Korea’s 7-Eleven shops will be taking part in the test phase of the Bank of Korea’s digital currency (CBDC) project. To that end, the retailer said that by June, all of its shops across the country will accept payments in CBDCs. From April 1 to June 30, many stores in South Korea will participate […]Cryptopolitan
Wed, Apr 2
Commodities
Russian central bank warns US tariff hikes can slow global economy
MOSCOW, April 2 (Reuters) - U.S. tariff hikes may slow down the world economy, and oil prices could be lower than forecast for several years as a result of reduced global demand, the Russian central bank said on Wednesday.Reuters
Wed, Apr 2
Forex
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.2% lower at C$1.4322 to the greenback, or 69.82 U.S. cents, after trading in a range of 1.429 to 1.4332.Canadian government 10-year bond yields CA10YT=RR...Reuters
Wed, Apr 2
Stocks
DXC Names Sandeep Bhanote as Financial Services Industry Leader for Consulting & Engineering Services
ASHBURN, Va., April 2, 2025 /PRNewswire/ -- DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced the appointment of Sandeep Bhanote as the Financial Services Industry Leader for DXC's Consulting & Engineering Services - Powered by AI (CES), effec...PR Newswire
Wed, Apr 2
Stocks
DXC Names Anders Lange as Chief Procurement Officer
ASHBURN, Va., April 2, 2025 /PRNewswire/ -- DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has appointed Anders Lange as Chief Procurement Officer, effective immediately. Lange will report to DXC's Chief Administrative Officer, James Walker. "Anders brin...PR Newswire
Wed, Apr 2
Stocks
Tilray's Stock Is as Cheap as It's Been Since 2020. 1 Thing to Know Before You Buy.
Many valuation metrics suggest that Tilray Brands (NASDAQ: TLRY) is a screaming buy right now. Just look at the cannabis stock's price-to-sales ratio. Shares traded above 2.4 times sales roughly 12 months ago, yet now trade at just 0.6 times sales despite growing revenue.This looks like a great entr...The Motley Fool
Wed, Apr 2
Stocks
LIVE MARKETS-Benchmark Treasury yield caught in the Cloud
U.S. equity index futures red: Nasdaq 100 slides >1%Mar ADP national employment 155k vs 115k estimateEuro STOXX 600 index off falls >1%Dollar, crude, bitcoin dip; gold gainsU.S. 10-Year Treasury yield dips to ~4.13%Welcome to the home for real-time coverage of markets brought to you by Reuters...Reuters
Wed, Apr 2
Stocks
US STOCKS-Wall Street set for weaker open as Trump tariffs loom
Futures down: Dow 0.42%, S&P 500 0.48%, Nasdaq 0.61% Trump's tariff announcement at 4:00 pm February factory orders data due at 10:00 am Tesla Q1 deliveries due later in the dayBy Sruthi Shankar and Pranav Kashyap April 2 (Reuters) - Wall Street indexes were on track to open lower on ...Reuters
Wed, Apr 2
Stocks
Berenberg prefers beer and soft drinks over spirits in 2025
** Berenberg says macro environment could be changing for beverage makers partly due to the Trump administration's actions and partly on lower inflation** It favours beer and soft drinks over spirits in 2025, given their lower earnings cyclicality and limited exposure to tariffs ** It flags Hein...Reuters
Wed, Apr 2
Stocks
NYSE Content Advisory: Pre-Market Update and Lynn Martin announced as a jury president for Money20/20's global fintech awards
NEW YORK, April 2, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE=" ...PR Newswire
Wed, Apr 2
Stocks
Robinhood Is Changing the Game
Robinhood (NASDAQ: HOOD) held another Gold event last week, introducing even more products for Robinhood Gold customers, including investment planning and banking services. This could help the company attract more customers and grow assets under custody, which Travis Hoium covers in this video.*Stoc...The Motley Fool
Wed, Apr 2
Cryptocurrencies
Stablecoin giant Circle reveals revenue growth in US IPO filing
April 2 (Reuters) - Circle Internet Group disclosed a nearly 16% jump in revenue after markets closed on Tuesday, as the USD Coin issuer attempts a second go at listing on the New York Stock Exchange.The company reported revenue and reserve income of $1.68 billion for last year, compared with $1.45 ...Reuters
Wed, Apr 2
Other
Equitable Holdings Announces Preliminary Results Of Cash Tender Offer For Up To 46,000,000 Units Of Alliancebernstein Holding
April 2 (Reuters) - Equitable Holdings Inc EQH.N:EQUITABLE HOLDINGS ANNOUNCES PRELIMINARY RESULTS OF CASH TENDER OFFER FOR UP TO 46,000,000 UNITS OF ALLIANCEBERNSTEIN HOLDINGReuters
Wed, Apr 2
