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Commodities
COLUMN-US tariff threat brings boom time for physical copper traders: Andy Home
By Andy Home LONDON, March 10 (Reuters) - While financial markets gyrate to the uncertain beat of U.S. President Donald Trump's unpredictable tariffs, physical copper traders are reaping the rewards of the turmoil. The threat of U.S. tariffs on copper imports has opened up a once-in-a-lifetim...Reuters
Mon, Mar 10
Stocks
Why MicroStrategy Stock Is Plummeting Today
Shares of MicroStrategy Inc (NASDAQ: MSTR) are falling on Monday. The company's stock lost 12.6% as of 10:50 a.m. ET and was down as much as 13.9% earlier in the day. The drop comes as the S&P 500 lost 2%, and the Nasdaq Composite lost 3.5%.The company, now doing business under the name Strategy, ju...The Motley Fool
Mon, Mar 10
Cryptocurrencies
Trump is trying to force Powell to cut interest rates by crashing asset prices – Fed didn’t do as POTUS asked
Powell noted that when Trump applied tariffs during his last administration, the Fed ended up lowering its key rate because the GDP slowed so much. Trump expects the same this time around. However, Powell is not in a hurry. Powell already cut its key rate three times last year to about 4.3%. Therefore, in January, […]Cryptopolitan
Mon, Mar 10
Commodities
EXPLAINER-What challenges face the EU in first round of Trump tariffs?
By Philip Blenkinsop BRUSSELS, March 10 (Reuters) - The European Union is bracing for its first round of U.S. tariffs on Wednesday, 25% tariffs on aluminium and steel imports, affecting more EU imports in value than duties U.S. President Donald Trump imposed on EU metal imports in 2018.The follow...Reuters
Mon, Mar 10
Stocks
Why Recursion Pharmaceuticals Stock Is Sinking Today
Shares of Recursion Pharmaceuticals (NASDAQ: RXRX) were sinking 8.2% lower as of 10:57 a.m. ET on Monday. The clinical-stage biotech company, which is a pioneer in using artificial intelligence (AI) in drug discovery, didn't announce any news that would cause its stock to fall, though.Part of the re...The Motley Fool
Mon, Mar 10
Forex
REFILE-FOREX-Dollar weakens against yen, Swiss franc amid tariff worries
Investors buy safe-haven yen and Swiss franc Yen hovers at five-month highEuro firm after best week in 16 years By Chibuike Oguh, Yadarisa Shabong and Ankur Banerjee NEW YORK, March 10 (Reuters) - The U.S. dollar weakened against the Japanese yen and the Swiss franc on Monday as markets grappled ...Reuters
Mon, Mar 10
Stocks
LIVE MARKETS-Tightening their purse strings: Consumers put the brakes on credit balance growth
Main US indexes slide; Nasdaq off most, down >3%Tech weakest S&P 500 sector; Energy leads gainersEuro STOXX 600 index off 1.2%Dollar rises slightly; gold, crude decline; bitcoin off >3% U.S. 10-Year Treasury yield falls to ~4.22%Welcome to the home for real-time coverage of markets brought...Reuters
Mon, Mar 10
Stocks
QUOTES-Wall Street selloff deepens as Trump sparks recession concerns
NEW YORK, March 10 (Reuters) - Major U.S. stock indexes sank on Monday after U.S. President Donald Trump declined to predict whether his tariff policies could lead to a recession, roiling investor sentiment.The Nasdaq Composite .IXIC slumped almost 4% after moving into a correction last week. The S&...Reuters
Mon, Mar 10
Cryptocurrencies
Bitcoin as the New Gold – POTUS Reserves and Future Plans & How BTC Bull Token Rides the Hype
Last week saw historic crypto events: Strategic Bitcoin Reserve (SBR)/ Digital Asset Stockpile (DAS), a Crypto Czar appointment (David Sacks), and the first Crypto Summit. You’d think that with such significant announcements, the crypto markets would respond positively and surge. Despite the develop...Bitcoinist
Mon, Mar 10
Stocks
US STOCKS-Nasdaq falls over 3% to six-month low on growth concerns
Crypto stocks fall on lower bitcoin pricesBrokerage HSBC downgrades US stocksNasdaq, S&P 500 hover near five-month lowsIndexes down: Dow 0.89%, S&P 500 1.96%, Nasdaq 3.32%By Johann M Cherian and Pranav Kashyap March 10 (Reuters) - The tech-heavy Nasdaq led a selloff among Wall Street'...Reuters
Mon, Mar 10
Commodities
CERAWEEK-United CEO expects US sustainable aviation fuel credits to survive
HOUSTON, March 10 (Reuters) - United Airlines CEO Scott Kirby said on Monday that he expects federal subsidies for sustainable aviation fuel under the Inflation Reduction Act, former President Joe Biden's landmark climate change law, to remain in place."This is one area that has support on b...Reuters
Mon, Mar 10
Cryptocurrencies
Best Crypto Presales to 50x as Banks Finally Cleared to Offer Crypto-Related Services
The next time you go into your bank for a loan, don’t be surprised if your bank manager starts discussing the best crypto presales. Banks have officially been given the green light to offer crypto services, thanks to Interpretive Letter 1183 (IL 1183) issued by the Office of the Comptroller of...Bitcoinist
Mon, Mar 10
Other
Hoth Therapeutics Announces Plans To Submit Expanded Access Application For Ht-001 To Support Cancer Patients In Need
March 10 (Reuters) - Hoth Therapeutics Inc HOTH.O:HOTH THERAPEUTICS ANNOUNCES PLANS TO SUBMIT EXPANDED ACCESS APPLICATION FOR HT-001 TO SUPPORT CANCER PATIENTS IN NEEDReuters
Mon, Mar 10
Stocks
ServiceNow adds AI muscle with record $2.9 billion Moveworks deal
By Jaspreet Singh March 10 (Reuters) - ServiceNow NOW.N said on Monday it would buy AI firm Moveworks for $2.85 billion in cash and stock, marking the software maker's largest-ever acquisition when enterprises are spending heavily on the technology to enhance their IT operations.The rapid ris...Reuters
Mon, Mar 10
Other
Dual NA adds American Reliable bloodstock and equine specialist Collier
By Chris MunroMarch 10 - (The Insurer) - Specialty program administrator Dual North America has added to its bloodstock and equine ranks with the hire of Jason Collier from American Reliable Insurance Company.Based in Lexington, Kentucky, Collier has been appointed executive vice president – bloodst...Reuters
Mon, Mar 10
Stocks
Why Lucid Stock Is Bucking the Market Trend Today
There's a lot of red in the market today. The Nasdaq Composite index dropped as much as 3% Monday morning, and the S&P 500 index was lower by almost 2%. Yet Lucid Group (NASDAQ: LCID) stock is bucking that trend.Shares of the luxury electric-vehicle (EV) maker jumped as much as 4.7%, even in the mid...The Motley Fool
Mon, Mar 10
Commodities
Ontario imposes 25% surcharge on electricity exports to US
OTTAWA, March 10 (Reuters) - The Canadian province of Ontario is imposing a 25% surcharge on electricity exports to New York state, Michigan and Minnesota to protest against U.S. President Donald Trump's tariffs on Canada, Premier Doug Ford said on Monday. "President Trump's tariffs are ...Reuters
Mon, Mar 10
Other
Rubio hopes Tuesday's meeting with Ukrainians will go well
March 10 (Reuters) - U.S. Secretary of State Marco Rubio on Monday expressed optimism on Tuesday's planned meeting between U.S. officials and Ukrainians in Saudi Arabia, although he added that there were still more details to be worked out on the minerals deal between Washington and Kyiv.Speakin...Reuters
Mon, Mar 10
Other
Eli Lilly plans launch of weight-loss drug in emerging markets in 2025, CFO says
March 10 (Reuters) - Eli Lilly LLY.N plans to launch its blockbuster diabetes and weight-loss drug, Mounjaro, in countries like China, India, Brazil and Mexico in 2025, Chief Financial Officer Lucas Montarce said on Monday. "The size is significant. We're talking about 900 million pat...Reuters
Mon, Mar 10
