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Cryptocurrencies
Trump’s first 100 days in office, crypto suffers despite POTUS promises
Trump’s victory was seen as Crypto’s victory due to his pro-crypto initiative. To that end, the first 100 days were meant to help the crypto industry. However, Trump’s trade war with the rest of the world has had the most immediate effect on crypto markets. Prices have been volatile due to worry and doubt about […]Cryptopolitan
Apr 29, 2025
Commodities
Europe Gasoline/Naphtha-Gasoline margins hold steady
LONDON, April 29 (Reuters) - Northwest European gasoline profit margins were broadly steady on Tuesday, holding near their highest since early August, even as Spanish refineries that were hit by a widespread power blackout began to return online. Trafigura and Litasco sold Eurobob E5 barges to BMV ...Reuters
Apr 29, 2025
Other
Fitch Says Mass Deportations Will Likely Increase Labor Costs For Several U.S. Sectors
April 29 (Reuters) - Fitch:FITCH: MASS DEPORTATIONS WILL LIKELY INCREASE LABOR COSTS FOR SEVERAL U.S. SECTORSFITCH: ON A STANDALONE BASIS, MASS DEPORTATIONS ARE NOT LIKELY TO LEAD TO WIDE-SPREAD NEGATIVE RATING ACTIONS FOR SEVERAL U.S. SECTORSFITCH: CONSTRUCTION-RELATED SECTORS, MEAT PROCESSORS ARE ...Reuters
Apr 29, 2025
Stocks
Brinker slides despite Q3 results beat, forecast raise
** Shares of Chilli's owner Brinker International EAT.N slide almost 13.9% to $138.43 despite Q3 results beat, forecast raise** Jim Sanderson, analyst at Northcoast Research, says the big issue for the co is sustainability and whether Chilli's can sustain this level of outperformance with co...Reuters
Apr 29, 2025
Stocks
Paintmaker Sherwin-Williams reports first-quarter beat boosted by higher prices
April 29 (Reuters) - Sherwin-Williams SHW.N on Tuesday beat Wall Street estimates for first-quarter profit, helped by higher prices for its industrial paints, sending the company's shares up 5%. Sales of U.S. single-family homes increased more than expected in March as buyers rushed to ta...Reuters
Apr 29, 2025
Other
Universal Music first-quarter revenue grows with concerts, vinyl sales
April 29 (Reuters) - Universal Music Group UMG.AS beat first-quarter sales expectations on Tuesday, saying more people went to concerts, bought vinyl records and subscribed to its digital services.The world's biggest music label, whose artists include Taylor Swift, BTS and Drake, said revenues g...Reuters
Apr 29, 2025
Stocks
US STOCKS-Wall Street choppy as markets juggle trade war news, mixed earnings
Indexes up: Dow 0.61%, S&P 500 0.25%, Nasdaq 0.15%Honeywell, Sherwin-Williams lift Dow General Motors pulls forecast on tariff uncertainty HSBC slashes S&P 500 year-end targetBy Lisa Pauline Mattackal and Purvi Agarwal April 29 (Reuters) - Wall Street's main indexes moved higher in vo...Reuters
Apr 29, 2025
Commodities
EXPLAINER-What could be behind the Iberian power outage?
By Nina Chestney LONDON, April 29 (Reuters) - The hunt has begun for the cause of a massive blackout across Spain, Portugal and parts of France that halted trains, bank machines and traffic lights, in one of Europe's biggest ever power system collapses. CYBER ATTACK?Spanish grid operator ...Reuters
Apr 29, 2025
Other
Golf-Snedeker and Ogilvy named captains for 2026 Presidents Cup
April 29 (Reuters) - Brandt Snedeker and Australia's Geoff Ogilvy have been named as captains of the U.S. and International Teams, respectively, on Tuesday for the 2026 edition of the Presidents Cup at Medinah Country Club outside Chicago.Snedeker, a nine-times winner on the PGA Tour who was the...Reuters
Apr 29, 2025
Forex
Argentina's FX rates converge as Milei seeks stronger peso
BUENOS AIRES, April 29 (Reuters) - Argentina's foreign exchange rates converged on Tuesday to their closest points since 2019 following the recent easing of the country's exchange rate policy and an agreement with the International Monetary Fund. The gap between the official and the black ma...Reuters
Apr 29, 2025
Other
Italy's Maire sure to increase 2025 guidance, CEO says
April 29 (Reuters) - Maire SpA MTCM.MI:CEO Alessandro Bernini says in a post-results conference call:ITALY'S MAIRE CEO: WILL SURELY INCREASE 2025 GUIDANCE, BUT TOO EARLY TO SAY BY HOW MUCHITALY'S MAIRE CEO: TRADE TARIFFS ANNOUNCED AS OF TODAY WILL NOT AFFECT US NOR NOW NOR IN THE FUTUREReuters
Apr 29, 2025
Stocks
PREVIEW: Visa shares rise ahead of quarterly earnings
** Visa's V.N shares up 0.7% to $339.88 on Tues ahead of the credit card giant's quarterly results due after markets close ** Consumer spending, which is partly fueled by credit, has been hampered by still-high inflation as well as worries about the impact of tariffs on the economy** Wall St...Reuters
Apr 29, 2025
Other
U.S. House Subcommittee Hearing on Deep-Sea Mining
April 29 (Reuters) - TMC THE METALS COMPANY TMC.O CEO GERARD BARRON TELLS U.S. CONGRESSIONAL HEARING THAT DEEP-SEA MINING INDUSTRY AT 'INFLECTION POINT' AND 'ONE OF CHINA'S CORE RESOURCE STRATEGIES'CEO: SPECULATION ABOUT DEEP-SEA MINING'S ECONOMIC VIABILITY FUELED BY ACTIVIST...Reuters
Apr 29, 2025
Commodities
EU wheat stuck near lows as harvest optimism outweighs export hopes
April 29 - Euronext wheat hovered near contract lows on Tuesday as favourable crop conditions in much of the Northern Hemisphere kept attention on ample supply and tempered talk of low prices stirring export demand for French wheat.September wheat BL2U5, the most active position on Euronext's Pa...Reuters
Apr 29, 2025
Other
Pentagon chief cancels program on women in security that was signed into law by Trump
By Idrees Ali and Phil Stewart WASHINGTON, April 29 (Reuters) - U.S. Defense Secretary Pete Hegseth on Tuesday canceled a program that promoted the contributions of women in national security sectors, even though it was signed into law by President Donald Trump in 2017 and has been championed by ...Reuters
Apr 29, 2025
Stocks
Why Viking Therapeutics Stock Popped Again Today
Shares of Viking Therapeutics (NASDAQ: VKTX) jumped 12.5% through 11:40 a.m. ET on Tuesday on further support from Wall Street analysts.Viking stock inched higher Monday after Truist Securities analyst Joon Lee lowered his price target, while predicting the company will benefit from phase 3 clinical...The Motley Fool
Apr 29, 2025
Other
Beazley’s Pearson: Insurers can act as enabler in brownfield site development
By Rebecca DelaneyApril 17 - (The Insurer) - Interest in redeveloping disused industrial land is growing across the UK, and Beazley's Nicholas Pearson believes insurance can play an important role in helping facilitate regeneration by making difficult sites more attractive to investors, particul...Reuters
Apr 29, 2025
Other
Engine Capital pushes Lyft to explore strategic options, including sale
April 29 (Reuters) - Activist investment firm Engine Capital wants Lyft LYFT.O to consider strategic alternatives, including a sale, piling more pressure in its proxy battle against the ride-sharing platform.The investor, which owns about 1% of Lyft, also accused the company's board of lacking f...Reuters
Apr 29, 2025
Other
US targets China, Iran-based firms in fresh Iran sanctions
April 29 (Reuters) - The United States on Tuesday imposed sanctions on a network based in Iran and China that it accused of procuring ballistic missile propellant ingredients on behalf of Iran's Islamic Revolutionary Guard Corps as President Donald Trump's administration seeks to increase pr...Reuters
Apr 29, 2025
Stocks
Regeneron's first-quarter results miss on lower Eylea demand
By Mariam Sunny April 29 (Reuters) - Regeneron's REGN.O first-quarter results missed Wall Street estimates on Tuesday due to stiff competition for its blockbuster drug Eylea, further stoking investor worries as U.S. regulators denied approval for a more convenient version of the eye therapy. ...Reuters
Apr 29, 2025
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