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Why Chevron Stock Soared 15.5% in Q1 While the Nasdaq Plunged 10%
The Nasdaq Composite (NASDAQINDEX: ^IXIC) plunged 10.4% in the first quarter of 2025. Oil stock Chevron (NYSE: CVX), however, bucked the broader market trend and surged 15.5% instead in Q1, according to data provided by S&P Global Market Intelligence.Energy was among the best-performing sectors in Q...The Motley Fool
Apr 8, 2025
Commodities
Ghana set to receive second drought insurance payout worth $1.9 million
By Henry GaleApril 8 - (The Insurer) - The government of Ghana is set to receive a second payout on its drought insurance policy to support vulnerable communities, the Global Shield against Climate Risks said on Tuesday.The $1.9 million claim relates to the effects of drought in Ghana's southern...Reuters
Apr 8, 2025
Other
Meghan, Duchess of Sussex, reveals 'scary' medical condition after giving birth
LONDON, April 8 (Reuters) - Meghan, the wife of Prince Harry, revealed on Tuesday she was diagnosed with postpartum pre-eclampsia after giving birth to one of her children, a medical condition she described as rare and scary. In the first episode of her new podcast, Confessions of a Female Founder, ...Reuters
Apr 8, 2025
Stocks
ANALYSIS-How Trump's policy risk is showing in Treasury bonds
US Treasuries' term premium, a measure of risk, remains positive despite falling yieldsSome investors concerned about Trump's impact on U.S. creditworthinessPositive term premium could be a sign bond vigilantes stirring, despite rally in Treasuries By Davide Barbuscia NEW YORK, April 8 (R...Reuters
Apr 8, 2025
Other
Fitch Says Tariffs Will Cut Revenue Growth And Profitability For Most Corporate Sectors Globally
April 8 (Reuters) - Fitch: FITCH: TARIFFS WILL CUT REVENUE GROWTH AND PROFITABILITY FOR MOST CORPORATE SECTORS GLOBALLYFITCH: HIGHER TARIFFS WILL MATERIALLY AFFECT U.S. & CHINESE HOMEBUILDERS, MEXICAN BUILDING MATERIALS & DIVERSIFIED INDUSTRIALS & LATAM AIRLINESReuters
Apr 8, 2025
Stocks
LIVE MARKETS-Go long duration in bond portfolios as US recession looms -BCA
Main US indexes rally; Nasdaq out front, up ~3%All S&P 500 sectors green; Tech leadsEuro STOXX 600 index up ~2.7%Dollar, bitcoin dip; gold, crude gainUS 10-Year Treasury yield rises to ~4.21%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share ...Reuters
Apr 8, 2025
Commodities
U.S. RESEARCH ROUNDUP- BlackRock, Morgan Stanley, ServiceNow
April 8 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including BlackRock, Morgan Stanley and ServiceNow on Tuesday. HIGHLIGHTS * BlackRock BLK.N: Jefferies cuts target price to $959 from $1175* CME Group Inc CME.O:...Reuters
Apr 8, 2025
Other
O-I France Considers Operational Adjustments At Multiple French Plants
April 8 (Reuters) - O-I Glass Inc OI.N:O-I FRANCE PROPOSES STRATEGIC BUSINESS TRANSFORMATIONO-I GLASS INC - ACTIONS COULD IMPACT APPROXIMATELY 320 POSITIONSO-I GLASS INC - CONSIDERS OPERATIONAL ADJUSTMENTS AT MULTIPLE FRENCH PLANTSO-I GLASS INC - CONSIDERING MULTI-MILLION EURO INVESTMENT IN FRENCH P...Reuters
Apr 8, 2025
Other
US CFPB asks to exit Biden-era case against MoneyGram
April 8 (Reuters) - The top U.S. watchdog for consumer finance has asked a federal court to withdraw from the agency's own 2022 case against MoneyGram, leaving the New York attorney general as the sole plaintiff, according to court papers.Under then-President Joe Biden, the agency had joined New...Reuters
Apr 8, 2025
Stocks
Boeing deliveries rise in March, shares up
** Shares of Boeing BA.N rise 4.3% to $144.79 amid a broader market recovery** Planemaker's deliveries jump 41% over a year earlier to 41 jets in March ** Company booked 163 net orders in March, including 88 for 737 MAX** Its European rival Airbus AIR.PA delivered 71 airplanes in March** BA hold...Reuters
Apr 8, 2025
Commodities
US trade envoy says Australia hit with tariffs due to ban on US beef, pork
WASHINGTON, April 8 (Reuters) - U.S. Trade Representative Jamieson Greer on Tuesday defended the Trump administration's decision to apply a 10% tariff on Australia despite a free trade agreement, citing the country's ban on imports of U.S. beef and pork,"We should be running up the score...Reuters
Apr 8, 2025
Other
Nokia sues Acer, Asus, Hisense in US over video streaming technology
By Blake Brittain April 8 (Reuters) - Nokia NOKIA.HE sued Taiwanese tech companies Acer 2353.TW and Asus 2357.TW and China-based Hisense 600060.SS in the United States, expanding the companies' patent disputes over video coding technology.The complaints filed Monday in California, Georgia and...Reuters
Apr 8, 2025
Other
Trump administration weighs drone strikes on Mexican cartels, NBC News reports
April 8 (Reuters) - U.S. President Donald Trump's administration is considering drone strikes on drug cartels in Mexico to combat trafficking across the southern border, NBC News reported on Tuesday.It cited six current and former U.S. military, law enforcement and intelligence officials with kn...Reuters
Apr 8, 2025
Other
Sumitomo Teams With U.S. Fusion Startup On Cancer Treatments - Nikkei
April 8 (Reuters) - Nikkei:SUMITOMO TEAMS WITH U.S. FUSION STARTUP ON CANCER TREATMENTSSUMITOMO IS PARTNERING WITH U.S. NUCLEAR FUSION STARTUP SHINE TECHNOLOGIES TO ENTER THE ASIAN CANCER TREATMENT FIELDPARTNERSHIP BETWEEN SUMITOMO AND SHINE WILL COVER A RANGE OF FIELDS INCLUDING RADIOACTIVE WASTE R...Reuters
Apr 8, 2025
Other
Trump's vehicle tariffs to impact auto investments in Latam, says Anfavea president
SAO PAULO, April 8 (Reuters) - U.S. President Donald Trump's tariffs on vehicle imports should impact sector investments in Latin American countries due to idled production at Mexico plants, automakers association Anfavea president Marcio Leite said on Tuesday. Trump's tariffs on vehicles wi...Reuters
Apr 8, 2025
Other
Mexico's Grupo Herdez to propose spinoff of Nutrisa health chain
April 8 (Reuters) - Grupo Herdez HERDEZ.MX:SAID ON MONDAY IT WILL HOLD SHAREHOLDER MEETING APRIL 23TO PROPOSE PAYMENT OF DIVIDEND IN KIND REPRESENTING CAPITAL OF GRUPO NUTRISA AHEAD OF DIVIDEND, NUTRISA SHARES WOULD BE REGISTERED AND LISTED ON MEXICO'S MAIN STOCK EXCHANGE WITHOUT PUBLIC OFFERING...Reuters
Apr 8, 2025
Other
Janus Henderson to manage insurer Guardian's $45 billion public fixed-income portfolio
April 8 (Reuters) - Asset manager Janus Henderson JHG.N will manage Guardian Life Insurance's $45 billion investment-grade public fixed-income portfolio, the companies said in a statement.Insurance companies have turned to Wall Street firms to invest the premiums they collect from their clients,...Reuters
Apr 8, 2025
Other
Exclusive: Burns & Wilcox launches Atain-backed high-value homeowners cat program
By James ThalerApril 8 - (The Insurer) - Burns & Wilcox has launched an exclusive high-value homeowners program focused on catastrophe-exposed areas such as California, the Gulf Coast, the Atlantic states, Colorado and Florida, backed by A-rated paper from HW Kaufman carrier Atain Insurance Comp...Reuters
Apr 8, 2025
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