News
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Cryptocurrencies
Mutuum Finance (MUTM) DeFi Lending Potential vs Ripple (XRP) U.S. Crypto Reserve Advantage: Which One Wins?
Mutuum Finance (MUTM) has surpassed $6 million in presale funding with 7,700 investors signed up to its decentralized lending platform, with Phase 4 rising fast. The token, currently at $0.025, will see its next phase jump 20% to $0.03 for those getting involved now before launching on exchanges for $0.06. Ripple fights bearish momentum, down 4.8% […]Cryptopolitan
Tue, Apr 1
Other
BHSI promotes Kidd to Europe head of underwriting
By Michael JonesApril 1 - (The Insurer) - Berkshire Hathaway Specialty Insurance (BHSI) has promoted Louise Kidd to head of underwriting for Europe.In her new role, Kidd is based in Dublin and will continue her previous responsibilities as global financial lines underwriting officer.BHSI said she wi...Reuters
Tue, Apr 1
Indices
Dow Jones stumbles in pre-tariff volatility
The Dow Jones Industrial Average (DJIA) kicked around the charts on Tuesday, declining after US Purchasing Managers Index (PMI) survey results came in worse than expected, but recovered ground after markets pivoted to hoping for a ramp-up in the Fed’s rate-cutting cycle.Fxstreet
Tue, Apr 1
Commodities
US EPA's upcoming proposal on biofuel blending mandates to cover two years, sources say
NEW YORK, April 1 (Reuters) - The U.S. Environmental Protection Agency plans to release a proposal on biofuel blending mandates that covers two years worth of mandates, instead of a proposal that covers three years, two sources familiar with the matter told Reuters on Tuesday.Under U.S. law, oil ref...Reuters
Tue, Apr 1
Forex
Mexican Peso firms as weak US data undermines US Dollar
The Mexican Peso (MXN) recovers some ground on Tuesday as traders brace for “Liberation Day” on Wednesday, when the United States (US) President, Donald Trump, is expected to announce additional tariffs aimed at reducing the trade deficit.
Fxstreet
Tue, Apr 1
Stocks
Weaker jobs signal, stronger prices highlight potential Fed dilemma
Job openings drop, layoffs rise slightly in FebruaryManufacturing slips while prices paid by firms increaseTariff-exposed firms expect higher prices, slower growthBy Howard Schneider WASHINGTON, April 1 (Reuters) - Lackluster new U.S. jobs data and a weak report on manufacturing highlight an emer...Reuters
Tue, Apr 1
Stocks
Hims & Hers rises after plan to sell Eli Lilly's weight loss drug on its platform
** Shares of telehealth firm Hims & Hers HIMS.N rise 11.2% to $32.88 ** HIMS says it plans to sell Eli Lilly's LLY.N weight-loss and diabetes drug on its platform ** Co says it will offer both branded versions of Lilly's tirzepatide, the active ingredient in weight loss drug Zepbound an...Reuters
Tue, Apr 1
Stocks
REFILE-Hims & Hers to sell Lilly's Zepbound on its telehealth platform
April 1 (Reuters) - Telehealth firm Hims & Hers Health HIMS.N said on Tuesday it plans to sell Eli Lilly's LLY.N weight-loss drug Zepbound on its platform.Shares of the company were up 8.5% in afternoon trading.Reuters
Tue, Apr 1
Stocks
US STOCKS-Wall Street gyrates as investors caught in Trump-tariffs limbo
Airlines drop after Jefferies downgrades on outlookPVH rises after upbeat annual forecastJ&J falls after judge rejects $10 bln baby powder settlementRecent IPO names CoreWeave, Newsmax jumpIndexes: Dow down 0.22%, S&P 500 up 0.12%, Nasdaq up 0.6%By David French and Pranav Kashyap April 1 ...Reuters
Tue, Apr 1
Stocks
Cable news channel Newsmax stock breaches past $200 mark amid relentless stock rally
** Conservative cable news channel Newsmax's NMAX.N shares jump as much as 173% to $228 in second day of trading** Stock last up 171% at $226.33, valuing the company at $29 billion** NMAX closed with more than eightfold gains at $83.51 on Monday in its eye-popping NYSE debut** The Florida-based ...Reuters
Tue, Apr 1
Cryptocurrencies
Bitcoin miners shift away from coal as solar and wind adoption rises
Crypto compliance group MICA Crypto Alliance has projected that 70% of the energy used for Bitcoin mining will be from renewable sources by 2030. In a 19-page report, the group noted changes to the energy composition for Bitcoin mining. According to the report Mining the Future: Bitcoin’s Carbon Footprint and the Path to 2030, the […]Cryptopolitan
Tue, Apr 1
Stocks
Linkbancorp rises after Hovde Group starts coverage with 'outperform' rating
** Community lender Linkbancorp's LNKB.O shares rise 1.9% to $6.91** Hovde Group initiates coverage with an "outperform" rating and $8.50 PT, a 25.4% upside to stock's last close** Brokerage says LNKB's core markets remain healthy for share grab from larger super-regional banks o...Reuters
Tue, Apr 1
Stocks
AQR Capital Management posts Q1 returns near 10% in several funds, source says
LONDON, April 1 (Reuters) - Billionaire investor Cliff Asness's AQR Capital Management finished the first quarter with positive returns in several of its funds, said a source familiar with the matter on Tuesday. The $128 billion hedge fund returned a positive 3.4% performance in March its multi-...Reuters
Tue, Apr 1
Stocks
Magnificent Seven stocks gain ground after worst quarter in years
** Magnificent Seven group of megacap stocks gain ground after individual stocks ended Q1 with biggest quarterly losses in years ** Over $2.3 trillion wiped off combined market value of cohort in Q1, says Dan Coatsworth, investment analyst at AJ Bell ** Tesla TSLA.O rallies 6.3%; co slumped over 35%...Reuters
Tue, Apr 1
Stocks
Rekor Systems Inc reports results for the quarter ended December 31 - Earnings Summary
Rekor Systems Inc REKR.OQ reported a quarterly adjusted loss of 21 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -16 cents. The mean expectation of two analysts for the quarter was for a loss of 8 cents per share. Wall S...Reuters
Tue, Apr 1
Stocks
PREVIEW-nCino stock rises ahead of earnings
** nCino's NCNO.O shares advancing 1.5% ahead of qtrly results after the bell, with analysts expecting continued strong rev growth from the banking software platform** Analysts forecast qtrly rev up 14% to $140.8 mln, per LSEG, in line with rev growth in prev qtr; adjusted EPS seen at $0.19 vs $...Reuters
Tue, Apr 1
