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Paramount Global, Skydance Media merger deadline to get 90-day extension
April 7 (Reuters) - Skydance Media and Paramount Global's PARA.O $8 billion merger would be automatically extended by 90 days after its deadline of April 7 under the terms of the companies' agreement.Paramount's controlling shareholder, Shari Redstone, struck a two-step deal in July to s...
Reuters
Apr 7, 2025
Other
US Supreme Court backs Trump on deportations under 1798 law
By John Kruzel WASHINGTON, April 7 (Reuters) - The U.S. Supreme Court handed Donald Trump a victory on Monday by letting him use a 1798 law that historically has been employed only in wartime to swiftly deport alleged Venezuelan gang members as part of the Republican president's hardline appr...
Reuters
Apr 7, 2025
Stocks
Why Nvidia Stock Jumped in a Wildly Volatile Day for the Market
Nvidia (NASDAQ: NVDA) stock posted gains in Monday's wild day of trading. The company's share price closed out the day up 3.5% and had been up as much as 7.9% earlier in the session. On the other hand, the stock had also been down as much as 8.2% in the day's trading.The stock market saw incredible ...
The Motley Fool
Apr 7, 2025
Stocks
Why Lumentum Holdings Stock Bounced 5% Higher Today
Not for the first time this young month, Lumentum Holdings (NASDAQ: LITE) was a highflier on the stock exchange Monday. Shares of the optical electronics specialist closed the day more than 5% higher in price, thanks to two bullish new analyst notes -- one of which involved a recommendation upgrade....
The Motley Fool
Apr 7, 2025
Other
Samsung Elec estimates 0.2% drop in Q1 operating profit, beats expectations
SEOUL, April 8 (Reuters) - Samsung Electronics 005930.KS on Tuesday estimated a 0.2% drop in first-quarter operating profit from a year earlier, beating analysts' estimates on solid smartphone sales and better-than-expected sales of memory chips. The world's largest memory chipmaker estimate...
Reuters
Apr 7, 2025
Other
Harvard plans to borrow $750 million after federal funding threats
Harvard says it intends to issue up to $750 million of taxable bondsTrump administration said last week it was reviewing $9 billion in federal contracts and grantsUS government has set conditions Harvard must meet to receive federal moneyBy Kanishka Singh WASHINGTON, April 7 (Reuters) - Harvard U...
Reuters
Apr 7, 2025
Cryptocurrencies
90-Day tariff pause rumor triggers short-lived market rally
The cryptocurrency market witnessed intense volatility on Monday, triggered by conflicting reports concerning U.S. tariffs under President Trump’s administration. Bitcoin shot up from $75,000 to over $81,000 before dropping back below $79,000. The marked volatility stemmed mainly from market speculations that the White House may put on hold tariff increases for 90 days. The confusion […]
Cryptopolitan
Apr 7, 2025
Other
Musk's DOGE team can access sensitive data for now, appeals court rules
Majority of judges say privacy claims unlikely to succeedDissenting judge fears letting 'genie out of the bottle'Lawsuit filed by five labor groups, six military veteransBy Jonathan Stempel April 7 (Reuters) - A divided federal appeals court on Monday put on hold an injunction that blocke...
Reuters
Apr 7, 2025
Other
Trump to undergo annual physical exam this week
April 7 (Reuters) - President Donald Trump on Monday said he will undergo his annual physical examination on Friday at Walter Reed Army Medical Center in Bethesda, Maryland."I have never felt better, but nevertheless, these things must be done!" Trump wrote in a post on the Truth Social plat...
Reuters
Apr 7, 2025
Technical Analysis
USD/CHF stabilizes near 0.8600 after volatility, tariffs and recession fears support USD
The USD/CHF begins Tuesday’s Asian session slightly lower, following a wild trading day on Monday, which saw swings within the 0.8450–0.8673 range, and ended virtually unchanged. At the time of writing, the major trades at 0.8588, down 0.02%.
USD/CHF
Fxstreet
Apr 7, 2025
Other
Ancora calls on U.S. Steel to delay annual shareholder meeting over CFIUS review
April 7 (Reuters) - Activist investor Ancora Holdings on Monday called on U.S. Steel's X.N board to delay its annual stockholders meeting until a Committee on Foreign Investment (CFIUS) review is complete.The move comes after U.S. President Donald Trump directed the CFIUS to conduct and finalize...
Reuters
Apr 7, 2025
Other
Expanding AI use, White House orders agencies to develop strategies and name leaders
By David Shepardson WASHINGTON, April 7 (Reuters) - The White House said on Monday it is ordering federal agencies to name chief AI officers and develop strategies for an expansion of the government's use of artificial intelligence, rescinding Biden-era orders intended to place safeguards on ...
Reuters
Apr 7, 2025
Cryptocurrencies
Bitcoin At Risk? Jack Dorsey Says It Must Be More Than A Store Of Value
Jack Dorsey, co-founder of Twitter and CEO of Block Inc., has warned that Bitcoin could face failure if it doesn’t become a widespread payment method. His comments challenge the popular view of Bitcoin as “digital gold.” Related Reading: Crypto Could Thrive Amid Trump’s Trade Chaos...
Bitcoinist
Apr 7, 2025
Other
Study strengthens link between maternal diabetes and autism
Diabetes during pregnancy linked to higher neurodevelopmental disorder risk in childrenGestational diabetes poses lower risk than pre-existing diabetesDiabetes affects up to 9% of U.S. pregnancies, CDC reportsBy Nancy LapidApril 7 (Reuters) - A large new study adds to evidence that diabetes during p...
Reuters
Apr 7, 2025
Cryptocurrencies
Crypto lawyer sues US DHS to uncover Satoshi Nakamoto’s true identity
Crypto attorney James Murphy, also known on X as MetaLawMan, just filed a lawsuit against the U.S. Department of Homeland Security in Washington, D.C., demanding the release of information that could expose the true identity of Satoshi Nakamoto, the unknown figure behind Bitcoin, according to a report by Crypto In America. James filed the case […]
Cryptopolitan
Apr 7, 2025
Stocks
Why Lam Research Stock Crushed the Market Today
Chip fabrication equipment maker Lam Research (NASDAQ: LRCX) experienced a bit of a rally in its stock on Monday. A big researcher flagged the company as a fine bargain in the semiconductor universe, and investors took the recommendation to heart. They pushed Lam's stock up by more than 5% in value ...
The Motley Fool
Apr 7, 2025
Stocks
Should Investors Buy Palo Alto Networks Stock During the Tariff-Induced Sell-Off?
Palo Alto Networks (NASDAQ: PANW) stock got caught up in the recent sell-off, even though the trade war did not directly impact the company.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were ...
The Motley Fool
Apr 7, 2025
Other
REFILE-Senator Warner says new Trump TikTok extension may violate law
WASHINGTON, April 7 (Reuters) - The top Democrat on the Senate Intelligence Committee said on Monday that President Donald Trump's decision to extend a deadline for China-based ByteDance to divest short video app TikTok's U.S. assets violates the law.Senator Mark Warner also said the reporte...
Reuters
Apr 7, 2025
Cryptocurrencies
Binance founder Changpeng Zhao named on Pakistan’s Crypto Council as strategic advisor
Pakistan has just become the latest country to take public interest in crypto, tapping Changpeng Zhao, the co-founder of the world’s largest crypto exchange, Binance, to set up a platform that will be able to compete globally in digital finance. CZ’s role as a guardian will see him bring all his years of experience in […]
Cryptopolitan
Apr 7, 2025
Other
Western Forest Products Inc. To Seek Authorization For Share Consolidation At Upcoming Annual And Special Meeting Of Shareholders
Western Forest Products Inc WEF.TO:WESTERN FOREST PRODUCTS INC. TO SEEK AUTHORIZATION FOR SHARE CONSOLIDATION AT UPCOMING ANNUAL AND SPECIAL MEETING OF SHAREHOLDERSWESTERN FOREST PRODUCTS INC - SHARE CONSOLIDATION RATIO TO BE BETWEEN 1 FOR 25 AND 1 FOR 40
Reuters
Apr 7, 2025
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