News
Important Only
Cryptocurrencies
Wall Street downgrades MicroStrategy to sell, says debt play is ‘tapped out’
Looks like Wall Street is done playing along with MicroStrategy’s Bitcoin binge. On Tuesday, investment firm Monness Crespi Hardt downgraded the company’s stock from neutral to sell and slapped a $220 price target on it. That number is about 23% below Monday’s closing price. The firm doesn’t think Strategy has any gas left in the […]Cryptopolitan
Wed, Apr 2
Stocks
2 Simple ETFs to Buy With $1,000 and Hold for a Lifetime
Just keep it simple. It's great advice that applies to many situations throughout life. Today, let's focus on how keeping it simple can lead to excellent investing returns. Here are my two picks for simple exchange-traded funds (ETFs) that anyone can buy and hold forever for only $1,000.Image source...The Motley Fool
Wed, Apr 2
Stocks
US STOCKS-Wall St futures slide in the run-up to Trump's tariffs
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) - U.S. stock index futures dropped on Wednesday as invest...Reuters
Wed, Apr 2
Commodities
IAG & Microsoft Extend 2023 Co-Funded Deal For Sustainable Aviation Fuel By 5 Years
April 2 (Reuters) - International Consolidated Airlines Group SA ICAG.L:IAG: CO, MICROSOFT STRENGTHEN PARTNERSHIP WITH LARGEST AND LONGEST SCOPE 3 SUSTAINABLE AVIATION FUEL (SAF) AGREEMENT TO DATEIAG - UNDER NEW TERMS, MICROSOFT TO CO-FUND ADDITIONAL 39,000 TONNES OF SAF TO HELP REDUCE LIFECYCLE CAR...Reuters
Wed, Apr 2
Stocks
Paramount Global falls after Deutsche Bank downgrades rating, cuts PT
** Shares of media giant Paramount Global PARA.O fall 1.2% to $11.59 in premarket trading ** Deutsche Bank cuts co's rating to "hold" from "buy" and PT to $12 from $15** Brokerage cites increasing risk to advertising outlook and more attractive investment alternatives in the sect...Reuters
Wed, Apr 2
Economic Indicator
Putin lets Balchug Capital buy shares in Russian public companies from Goldman Sachs, decree says
MOSCOW, April 2 (Reuters) - Russian President Vladimir Putin authorised Russia's Balchug Capital to buy shares in a number of Russian public companies from Goldman Sachs [RIC:RIC:GSGSC.UL], according to a decree published on Wednesday on a Russian government website.Reuters
Wed, Apr 2
Other
Morning News Call - Canada, April 2
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageCOMPANIES REPORTING RESULTSApri...Reuters
Wed, Apr 2
Stocks
BofA cuts Morgan Stanley PT citing seasonal challenges
** BofA Global Research cuts PT on major U.S. lender Morgan Stanley MS.N to $144 from $150** Says co's revenue through wealth management fees to be hit by less commissions tracking fewer trading days ** Recent severance announcement to impact reported expense - brokerage** Last month, Reuters re...Reuters
Wed, Apr 2
Stocks
U.S. STOCKS ON THE MOVE-Grifols, Newsmax, nCino
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures slipped on Wednesday as investors braced for details of U.S. President Donald Trump's tariff plans, which are expected to upend global trade and commerce. .N ...Reuters
Wed, Apr 2
Other
Leggett & Platt Signs Agreement To Sell Its Aerospace Products Group
April 2 (Reuters) - Leggett & Platt Inc LEG.N:LEGGETT & PLATT SIGNS AGREEMENT TO SELL ITS AEROSPACE PRODUCTS GROUPLEGGETT & PLATT INC - TO SELL AEROSPACE PRODUCTS GROUP FOR $285 MILLIONLEGGETT & PLATT INC - AFTER-TAX CASH PROCEEDS EXPECTED TO BE APPROXIMATELY $240 MILLIONReuters
Wed, Apr 2
Cryptocurrencies
Bitcoin Mining Momentum: Eric Trump, Metaplanet, and BTC Bull Token in Focus
Bitcoin is back in the spotlight – and not just because of the price charts. In the latest twist of crypto-meets-mainstream, Eric Trump has officially stepped into the Bitcoin mining game. Teaming up with heavyweight Bitcoin miner Hut 8, Trump is backing a new venture that aims to go public soon. If...Bitcoinist
Wed, Apr 2
Forex
UK in talks over US car tariffs, could look at EV incentives, Reeves says
US is second-biggest importer of UK carsUK trying to carve out tariff exemptionCould look at EV creditsBy Catarina Demony and Kate Holton LONDON, March 27 (Reuters) - Britain is working intensely with Washington to secure an exemption from U.S. auto tariffs and could review a credit scheme that i...Reuters
Wed, Apr 2
Stocks
Corebridge Financial slides after UBS downgrades to 'sell', cuts PT
** Shares of Corebridge Financial CRBG.O down 2.8% to $30.70 in premarket trading** UBS cuts its PT to $28 from $40, and downgrades rating to "sell" from "buy"** "Cautious stance is driven by our view of near-term earnings & AUM risk being overlooked by bulls" - Analysts*...Reuters
Wed, Apr 2
Other
CME Group Sets New, All-Time Quarterly Adv Record Of 29.8 Million Contracts
April 2 (Reuters) - CME Group Inc CME.O:CME GROUP SETS NEW, ALL-TIME QUARTERLY ADV RECORD OF 29.8 MILLION CONTRACTS, DRIVEN BY GROWTH ACROSS ALL ASSET CLASSESCME GROUP INC - MARCH ADV OF 30.8 MILLION CONTRACTS, UP 27% YOYReuters
Wed, Apr 2
Other
Quoin Pharmaceuticals - Subject's Skin Almost Completely Healed After 6 Weeks Of Qrx003
April 2 (Reuters) - Quoin Pharmaceuticals Ltd 2EBy.BE:QUOIN PHARMACEUTICALS ANNOUNCES ADDITIONAL POSITIVE ‘WHOLE BODY’ CLINICAL DATA FROM ONGOING PEDIATRIC NETHERTON SYNDROME STUDY AND APPROVAL TO INITIATE TESTING OF A SECOND PEDIATRIC PATIENTQUOIN PHARMACEUTICALS LTD - SUBJECT'S SKIN ALMOST COM...Reuters
Wed, Apr 2
Other
EXCLUSIVE-India backs EV tariff cuts for Trump trade deal, defying autos lobby, sources say
India to lower EV tariffs in trade deal with the US, sources sayDuty cut a boost for Tesla, setback for India's Tata, MahindraCarmakers fear immediate cuts will hurt investments, sources sayFear US deal will set precedent for EU, UK talks, sources sayBy Aditi Shah, Shivangi Acharya and Aftab Ah...Reuters
Wed, Apr 2
