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Stocks
Why Shares of Newsmax Are Up More Than 1,123% Since Its IPO
Class B shares of the right-leaning media outlet Newsmax (NYSE: NMAX) have blasted more than 1,123% higher since its initial public offering on March 31. The stock appears to be trading like a meme stock: Shares had roughly doubled today at 1:13 p.m. ET.This small cable news network is off to the ra...The Motley Fool
Tue, Apr 1
Stocks
WNS rises after Reuters report of takeover interest from potential buyers
** Shares of technology outsourcing firm WNS Holdings WNS.N rise 5.9% to $65.13** WNS is exploring a sale after attracting acquisition interest from potential suitors, including Capgemini CAPP.PA, Reuters reports, citing people familiar with the matter ** If the talks are successful, a deal could be...Reuters
Tue, Apr 1
Other
Zelenskiy to discuss foreign troop contingent in multilateral talks on Friday
KYIV, April 1 (Reuters) - Ukraine President Volodymyr Zelenskiy will meet on Friday with representatives from a small group of countries ready to contribute to a foreign contingent of troops in Ukraine, he said on Tuesday as Kyiv pushes for security guarantees as part of any peace deal. Zelenskiy to...Reuters
Tue, Apr 1
Other
Former Argo leader Buss named Open Lending CEO
By Michael LoneyApril 1 - (The Insurer) - Jessica Buss, who stood down as CEO of Argo Group in March, has been appointed CEO of Open Lending Corporation, which has also hired Michelle Glasl from Argo as chief operating officer.Nasdaq-listed Open Lending provides loan analytics, risk-based pricing, r...Reuters
Tue, Apr 1
Other
South Africa plans US meeting on looming auto tariffs
US auto tariffs override AGOA duty-free benefits Industry body assesses impact of tariffs on car industryUS tariffs could impact South African economy, says ministerSouth Africa's vehicle exports to U.S. valued over $2 billionBy Nqobile Dludla JOHANNESBURG, April 1 (Reuters) - South Africa wi...Reuters
Tue, Apr 1
Other
WRAPUP 4-China launches military drills around Taiwan, calls Taiwan president a 'parasite'
China's military says drills a warning against Taiwan independenceTaiwan says Lai's depiction 'not conducive to peace'Taiwan dispatches military aircraft, ships in responseDe facto US embassy in Taipei pledges support for TaiwanBy Joe Cash, Yimou Lee and Ben Blanchard BEIJING/TAIP...Reuters
Tue, Apr 1
Other
Germany's outgoing government claims success over irregular immigration
Interior minister reports fewer asylum claims and increased deportations under centre-left governmentCentre-left SPD seeking to be part of next coalition with conservative election winner MerzMerz demanding stricter border controls in coalition talks, SPD wants more focus on integration of immigrant...Reuters
Tue, Apr 1
Other
Meta's head of AI research to depart in May
April 1 (Reuters) - Meta Platforms' META.O head of artificial intelligence research, Joelle Pineau, plans to leave the company, at a time when the tech giant is aggressively investing and competing in the AI space.Pineau, who has been with the company for eight years and has led Meta's Funda...Reuters
Tue, Apr 1
Cryptocurrencies
UK ministers gear up for Trump tariffs as trade deal prospects fade
British Prime Minister Keir Starmer expects the UK to be hit by more tariffs when Donald Trump announces his latest round of tariffs on Wednesday. Downing Street also said it “reserves the right” to respond to protect the UK's national interest.Cryptopolitan
Tue, Apr 1
Cryptocurrencies
Viral Token Below $0.05 Forecasted to Join Cardano (ADA) and Binance Coin (BNB) in the Billion-Dollar Market Cap Club
Mutuum Finance (MUTM), which is currently going at $0.025 in phase four of its presale, has already raised $6 million from 7,700 investors in less than four weeks, signalling growing demand for a token that analysts expect could follow in the footsteps of Cardano (ADA) and Binance Coin (BNB). With Phase 4 at an end, excitement builds […]Cryptopolitan
Tue, Apr 1
Forex
CANADA FX DEBT-Canadian dollar rallies amid US vote on tariffs
Canadian dollar gains 0.4% against the greenbackTouches its weakest intraday since March 14Canadian factory activity contracts at steeper rate10-year yield hits a near four-week low at 2.901%By Fergal Smith TORONTO, April 1 (Reuters) - The Canadian dollar rebounded from a near three-week low agai...Reuters
Tue, Apr 1
Stocks
EXCLUSIVE-Outsourcing firm WNS fields takeover interest, sources say
By Milana Vinn and Amy-Jo CrowleyNEW YORK, April 1 (Reuters) - WNS Holdings WNS.N, a technology outsourcing services firm with a market value of $2.8 billion, is exploring a sale after attracting acquisition interest from potential suitors including Capgemini CAPP.PA, according to people familiar wi...Reuters
Tue, Apr 1
Commodities
National Grid Reports Massachusetts Offshore Wind Power Agreement Delay
April 1 (Reuters) - National Grid PLC NG.L:REPORTS DELAY IN SIGNING MASSACHUSETTS OFFSHORE WIND POWER AGREEMENT FROM MAR 31 TO JUNE 30INFORMS MASSACHUSETTS DEPARTMENT OF PUBLIC UTILITIES OF DELAYSAYS COUNTERPARTIES HAVE NOT YET COMPLETED CONTRACT NEGOTIATIONSSAYS TARGET COMPLETION OF NEGOTIATIONS, F...Reuters
Tue, Apr 1
Commodities
US Plains HRW Wheat-Basis bids hold mostly flat as futures climb
CHICAGO, April 1 (Reuters) - Spot basis bids for hard red winter wheat were mostly steady around the southern U.S. Plains on Tuesday, underpinned by slow farmer sales, dealers said.* K.C. HRW wheat futures on the Chicago Board of Trade rose for a second straight session following a lower-than-expect...Reuters
Tue, Apr 1
Commodities
Europe Gasoline/Naphtha-Gasoline margins rebound
LONDON, April 1 (Reuters) - Northwest European gasoline refining profit margins rebounded on Tuesday to their highest since August 2024 at about $13.37 a barrel.A total of 6,000 metric tons of Eurobob E10 traded on Tuesday, with Shell and Gunvor selling to Varo, Litasco and BP. Another 2,000 tons of...Reuters
Tue, Apr 1
Stocks
Why Shares of Axsome Therapeutics Slumped Today
Shares of biopharmaceutical company Axsome Therapeutics (NASDAQ: AXSM) had declined 6% at 11 a.m. ET today. The slump comes after the company announced the results of a phase 3 trial of solriamfetol (brand name Sunosi) in major depressive disorder (MDD). What the results meanThe trial was somewhat c...The Motley Fool
Tue, Apr 1
