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Forex
Argentina's peso weakens slightly on first day of new currency regime
BUENOS AIRES, Feb 3 (Reuters) - The official exchange rate for the Argentine peso weakened 0.21% against the U.S. dollar on Monday, traders said, in the first trading session of a new currency regime.Last month, the Argentine central bank announced that beginning in February it would slow the rate o...Reuters
Feb 3, 2025
Forex
EMERGING MARKETS-FX, stocks rattled after Trump's tariffs unnerve investors globally
Trump slaps tariffs on Mexico, Canada and ChinaTrump to cut funding for South Africa MSCI EM FX, stocks at two week lows Updates with mid-European session tradingBy Purvi Agarwal and Marc Jones Feb 3 (Reuters) - Most emerging market assets plunged on Monday after U.S. President Donald Trump impos...Reuters
Feb 3, 2025
Stocks
BUZZ-Owens & Minor falls as prelim Q4 revenue miss estimates
** Shares of medical supplies distributor Owens & Minor OMI.N fall 1.9% to $13.98 premarket ** Co reports preliminary Q4 revenue of $2.67 bln to $2.70 bln, below analysts' estimates of $2.73 bln - LSEG-compiled data** Reports prelim Q4 adj. profit of 52 cents to 55 cents per share, compared ...Reuters
Feb 3, 2025
Other
Palestinians appeal for help with short-term shelter in Gaza
Gaza needs $6.5 billion in temporary housing aid, PA official saysHamas requests 200,000 tents, 60,000 caravans for displaced GazansImpediments to importing medical and shelter equipment remainBy Nidal al-Mughrabi and Ali Sawafta CAIRO/RAMALLAH, Feb 3 (Reuters) - With fighting in Gaza paused, Pal...Reuters
Feb 3, 2025
Other
White House: Mexico is 'serious', Canada appears to have 'misunderstood' Trump's executive order
WASHINGTON, Feb 3 (Reuters) - The White House said on Monday it has noticed that Mexico is "serious" about President Donald Trump's executive order on tariffs but Canada has "misunderstood" it."The good news is that in our conversations over the weekend, one of the things we...Reuters
Feb 3, 2025
Stocks
Accenture Stock: Buy, Sell, or Hold?
Shares of Accenture (NYSE: ACN) have quietly surged toward their 52-week high at the start of 2025. The consulting juggernaut is delivering solid operational and financial momentum, emerging as a surprising leader in artificial intelligence (AI) by enabling clients to implement cutting-edge technolo...The Motley Fool
Feb 3, 2025
Stocks
BUZZ-Street View: Colgate's long-term outlook remains strong
** Toothpaste maker Colgate-Palmolive CL.N forecast annual sales below Wall Street expectations after missing quarterly sales estimates on Friday, hurt by weak demand in North America and Latin America for its household products** Median PT of 24 brokerages covering CL is $100 - LSEG dataRESILIENCE ...Reuters
Feb 3, 2025
Economic Indicator
USD surge over the weekend moderates in early trade – Scotiabank
The first real shots of a global trade war were fired at the weekend, with President Trump levying 25% tariffs on Canada and Mexico, an additional 10% on Chinese goods and telling Europe that tariffs are 'absolutely' coming.Fxstreet
Feb 3, 2025
Cryptocurrencies
Bitcoin and crypto traders lose over $2.25 billion in liquidations, here’s why
Bitcoin (BTC) slipped to a $91,231 low on Monday, wiping out January’s gains as crypto traders digest US President Donald Trump’s tariff announcements over the weekend and the expectation of inflationary pressures.
Fxstreet
Feb 3, 2025
Stocks
BUZZ-Agricultural stocks down after Trump unveils tariffs
** U.S.-listed shares of agricultural commodities traders fall after President Donald Trump imposed tariffs on goods imported from Mexico, Canada and China** U.S. imposes 25% tariffs on Canadian and Mexican goods, including 10% tariffs on Canadian energy imports and 10% tariff on Chinese imports fro...Reuters
Feb 3, 2025
Stocks
Tyson Foods Revenue Growth Tops Forecast
Tyson Foods (NYSE:TSN), a major player in the protein processing sector, reported fiscal 2025 first-quarter earnings on Monday, Feb. 3, that topped analyst consensus estimates. Adjusted earnings per share (EPS) of $1.14 exceeded the analysts’ forecast of $0.90 and jumped an impressive 65.2% year ove...The Motley Fool
Feb 3, 2025
Other
BUZZ-Major U.S. card issuers fall as Trump's tariffs spook markets
** Shares of U.S. card cos fall in premarket trading as part of a market-wide selloff sparked by President Trump's sweeping tariffs on Canada, Mexico and China** Mastercard MA.N and Visa V.N fall nearly 1% each, while American Express AXP.N falls 1.6% ** The risk-off sentiment, stemming from fea...Reuters
Feb 3, 2025
Stocks
BUZZ-IDEXX Labs rises on quarterly results beat
** Shares of animal diagnostics maker IDEXX Laboratories IDXX.O rise 8.5% to $458 premarket** IDXX posts Q4 rev. of $954.3 mln, above analysts' est. of $935 mln, according to data compiled by LSEG, driven by strong demand for its veterinary diagnostic services despite persistent weakness in vis...Reuters
Feb 3, 2025
Stocks
BUZZ-Street View: Exxon to grow, but concerns remain over spending, chemicals unit
** Exxon Mobil XOM.N on Friday posted mixed Q4 results that showed weakness in its refining and chemicals business, though it beat profit estimate with higher oil and gas output** Average rating of 28 brokerages covering the stock is a buy; median PT $130 - data compiled by LSEGWALKING A TIGHTROPE**...Reuters
Feb 3, 2025
Other
WHO proposes budget cut after US exit, defends its work
Adds Tedros defending the WHO in paragraphs 10-11By Jennifer Rigby LONDON, Feb 3 (Reuters) - World Health Organization member states will discuss cutting part of its budget by $400 million in light of President Donald Trump's move to withdraw the U.S., its biggest government funder, from the ...Reuters
Feb 3, 2025
Stocks
2 Reasons Taiwan Semiconductor Is a Must-Buy for Long-Term Investors
Few companies have as strong a growth trajectory as Taiwan Semiconductor Manufacturing (NYSE: TSM). TSMC, as it's also known, is the world's largest contract chip manufacturer, which means that it acts as a fabrication company for those who do not have the capabilities to produce chips themselves. T...The Motley Fool
Feb 3, 2025
