News
Important Only
Stocks
Why Tesla Stock Is Soaring Today Even as Tariff Trouble Mounts
Shares of Tesla (NASDAQ: TSLA) are rebounding on Wednesday. The electric vehicle (EV) stock gained 5.2% as of 1:05 p.m. ET after gaining 6.4% earlier in the day. The bounce comes as the S&P 500 and Nasdaq Composite were green even as more retaliatory tariffs on the U.S. were announced.A Wall Street ...The Motley Fool
Wed, Apr 9
Other
EXCLUSIVE-Kash Patel removed as acting ATF director, replaced by Army Secretary, sources say
By Sarah N. Lynch and Idrees AliWASHINGTON, April 9 (Reuters) - FBI Director Kash Patel was removed as the Acting Director of the Bureau of Alcohol, Tobacco, Firearms and Explosives and replaced by U.S. Army Secretary Daniel Driscoll, four people familiar with the matter said on Wednesday.Two of the...Reuters
Wed, Apr 9
Commodities
EU wheat slides from two-week peak as euro fuels export doubts
PARIS, April 9 (Reuters) - Euronext wheat fell on Wednesday, retreating from a two-week high as a jump in the euro against dollar rekindled concerns about stiff competition for tepid export demand.May wheat BL2K5 on Euronext settled 2.2% euros down at 219.75 euros ($242.45) a metric ton, moving away...Reuters
Wed, Apr 9
Other
Trump administration backs off Nvidia's H20 chip crackdown after Mar-a-Lago dinner, NPR reports
April 9 (Reuters) - The Trump administration has reversed course on plans to restrict exports of Nvidia's NVDA.O H20 artificial intelligence chips to China after CEO Jensen Huang attended a Mar-a-Lago dinner last week, NPR reported on Wednesday.The planned American export controls on the chips —...Reuters
Wed, Apr 9
Other
US imports set to fall 20% in second half of 2025 on Trump tariffs, NRF forecast shows
April 9 (Reuters) - Imports into the U.S. could be down at least 20% year-over-year in the second half of 2025 due to U.S. President Donald Trump's sweeping tariffs on several trade partners, a forecast by the National Retail Federation showed on Wednesday.With Trump's reciprocal tariffs com...Reuters
Wed, Apr 9
Economic Indicator
China files new complaint to WTO over Trump tariffs
China says US tariffs destabilise global tradeTrump's tariffs came into effect on WednesdayChina faces duties of 104% on its exports to the USChina runs largest trade surplus with USBy Olivia Le Poidevin GENEVA, April 9 (Reuters) - China filed a new complaint with the World Trade Organization...Reuters
Wed, Apr 9
Commodities
Musk's xAI increased Tennessee gas turbines without permits, community groups say
April 9 (Reuters) - Elon Musk's xAI has nearly doubled gas turbines at its Tennessee data center, exceeding previously known figures and surpassing the number for which the company has submitted permits, according to a letter from community groups to the county's health department.The Southe...Reuters
Wed, Apr 9
Stocks
LIVE MARKETS-Benchmark Treasury auction within expectations - stocks surge then settle
Main US indexes last green; Nasdaq now up >2%Tech leads S&P sector gainers; Healthcare weakest groupDollar down; crude slides ~4%; bitcoin up >1%; gold surges >3%US 10-Year Treasury yield up on day, but pares to ~4.39%Welcome to the home for real-time coverage of markets brought to you ...Reuters
Wed, Apr 9
Other
US appeals court sides with Trump, clears way to fire thousands of federal workers
By Daniel Wiessner April 9 (Reuters) - A U.S. appeals court cleared the way on Wednesday for 18 federal agencies to once again fire thousands of employees who lost their jobs as part of President Donald Trump's purge of the federal workforce but were later reinstated by a judge.The Richmond, ...Reuters
Wed, Apr 9
Commodities
Chile sees positive twist to any Trump tariffs on copper
By Daina Beth Solomon and Fabian Cambero SANTIAGO, April 9 (Reuters) - Chile's place at the low-end of U.S. tariffs announced last week could be favorable for the world's leading copper-producing country if U.S. President Donald Trump decides to slap tariffs on copper, Chile Mining Minist...Reuters
Wed, Apr 9
Other
Trump White House to appeal ruling on AP access restrictions
WASHINGTON, April 9 (Reuters) - President Donald Trump's White House intends to appeal a judge's ruling lifting access restrictions on the Associated Press, which it imposed after the news agency continued referring to the Gulf of Mexico in its coverage, a court filing on Wednesday showed.Reuters
Wed, Apr 9
Stocks
US STOCKS SNAPSHOT-U.S. stock indexes gain after 10-year Treasury auction
April 9 (Reuters) - U.S. stock indexes moved higher in afternoon trading on Wednesday after an auction of 10-year Treasury notes came within market expectations, leading yields to retreat across the board. The yield on the benchmark 10-year note US10YT=RR was last at 4.4191%. At 01:07 p.m. the ...Reuters
Wed, Apr 9
Other
Dropping ABA requirement for lawyers is bad idea, law school association says
By Karen Sloan April 9 (Reuters) - The Association of American Law Schools urged states to not abandon their requirements that attorneys must graduate from American Bar Association-accredited law schools in order to practice, The AALS warned in an open letter on Tuesday that eliminating state ABA...Reuters
Wed, Apr 9
Other
UK's Assura agrees to $2.06 billion takeover by KKR-Stonepeak
Rejects PHP's 1.5 billion pound proposalAssura shares up nearly 6% after deal announcementAssura says plans to recommend shareholders back the bid April 9 (Reuters) - British medical property owner REIT Assura AGRP.L has agreed to a 1.61 billion pound ($2.06 billion) takeover bid from KKR KKR...Reuters
Wed, Apr 9
Stocks
Nvidia Stock Is Marching Higher Again. Is It Time to Buy?
Markets remain volatile as investors and traders continue to digest the potential effects of a global trade war as nations respond to President Trump's tariff rollout. The stock of semiconductor giant Nvidia (NASDAQ: NVDA) has begun to rebound, though.Shares were higher again today by as much as 5%....The Motley Fool
Wed, Apr 9
Other
US Treasury 10-year note auction comes in within market expectations
NEW YORK, April 9 (Reuters) - The U.S. Treasury's $39-billion 10-year note US10YT=RR auction came in within market expectations, priced at a high yield of 4.435%, lower than the rate forecast at the bid deadline, suggesting solid investor demand.Reuters
Wed, Apr 9
Other
Kash Patel removed as acting ATF director, replaced by Army Secretary, sources say
WASHINGTON, April 9 (Reuters) - FBI Director Kash Patel was quietly removed as the Acting Director of the Bureau of Alcohol, Tobacco, Firearms and Explosives and replaced by U.S. Army Secretary Daniel Driscoll, four people familiar with the matter said on Wednesday.Reuters
Wed, Apr 9
