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Stocks
Why Alphabet Stock Popped Today
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock got a small lift on Tuesday, rising 2% higher through 10:30 a.m. ET. The move came in response to President Trump, in one of his first acts in office in his second term, signing an executive order that revoked another executive order (by his predecessor ...
The Motley Fool
Jan 21, 2025
Other
ABB increasing U.S. investment to raise local production, CFO says
DAVOS, Switzerland, Jan 21 (Reuters) - ABB ABBN.S.S is increasing its investments in the United States as a way to deal with tariff hikes expected from the new Trump administration and to benefit from the country's economic growth, Chief Financial Officer Timo Ihamuotila said on Tuesday."We will be ...
Reuters
Jan 21, 2025
Stocks
Trump's first day in office gets mixed reception from US stocks
By Medha Singh and Ananya Mariam Rajesh Jan 21 (Reuters) - Tesla, prison operators and other notable "Trump trades" were volatile on Tuesday as investors assessed a blitz of executive orders by President Donald Trump within hours of taking the oath of office.Trump laid out sweeping plans to maxim...
Reuters
Jan 21, 2025
Other
UPDATE 3-FDA approves standalone use of J&J's ketamine-derived depression treatment
Adds Spravato sales in paragraph 4, background in paragraphs 7-10Jan 21 (Reuters) - The U.S. Food and Drug Administration expanded approval for Johnson & Johnson's JNJ.N nasal spray, Spravato, to allow it to be used as a standalone treatment for patients with severe depression, the company said on T...
Reuters
Jan 21, 2025
Stocks
Why Lucid Stock Is Falling Today
Lucid (NASDAQ: LCID) stock is falling in Tuesday's trading following President Donald Trump's inauguration on Monday. The company's share price was down 5.5% as of 10:30 a.m. ET. At the same point in time, the S&P 500 index was up 0.3%, and the Nasdaq Composite index was flat.At the inauguration, Tr...
The Motley Fool
Jan 21, 2025
Stocks
Here's Why 3M Stock Spiked Higher Today
Shares in industrial conglomerate 3M (NYSE: MMM) spiked by 6% in early morning trading as the market warmed to the company's fourth-quarter earnings report.3M's turnaround continuesThe earnings report and guidance were solid enough and helped confirm the bullish case for 3M stock. While its end mark...
The Motley Fool
Jan 21, 2025
Stocks
Should You Buy Intel Stock Before Jan. 30?
Intel (NASDAQ: INTC) struggles to get on the right path as the company seeks better leadership.Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free »*Stock prices used were the afternoon prices of Jan. 16, 2025. The video was published on Jan. 18,...
The Motley Fool
Jan 21, 2025
Economic Indicator
Euro area government bonds react cautiously to Trump announcements
Updates in European afternoon tradeBy Stefano Rebaudo Jan 21 (Reuters) - Euro zone government bonds edged down on Tuesday, showing a relatively muted reaction to U.S. President Donald Trump's announcement that he wouldn't immediately impose new tariffs, which left investors in a wait-and-see mode...
Reuters
Jan 21, 2025
Other
BRIEF-Cambridge Nutritional Sciences Got Summons For Unit In Relation To Breach Of HSE Regulations
Jan 21 (Reuters) - Cambridge Nutritional Sciences PLC CNSL.L:CAMBRIDGE NUTRITIONAL SCIENCES: GOT SUMMONS FOR UNIT OMEGA DIAGNOSTICS IN RELATION TO AN ALLEGED HISTORICAL BREACH OF HSE REGULATIONSCAMBRIDGE NUTRITIONAL SCIENCES PLC - GOT SUMMONS WITH A FIRST HEARING SCHEDULED FOR 18TH MARCH 2025Source ...
Reuters
Jan 21, 2025
Stocks
BUZZ-Qorvo extends rally as Morgan Stanley turns bullish on Starboard stake news
** Shares of chipmaker Qorvo QRVO.O up 3.1% to $86.84 early Tues after Morgan Stanley upgrades to 'overweight' from 'equal-weight' in wake of Starboard taking a big stake** QRVO shares on Fri closed up >14% after the activist investor revealed 7.7% stake worth more than $500 mln, looking to boost th...
Reuters
Jan 21, 2025
Other
Cravath hires ex-Trump DOJ antitrust official Finch from Paul Weiss
By Sara Merken Jan 21 (Reuters) - Andrew Finch, who was a top U.S. Justice Department antitrust official in the first Donald Trump administration, has joined Cravath, Swaine & Moore from rival New York law firm Paul, Weiss, Rifkind, Wharton & Garrison. Finch most recently co-chaired the antitrust...
Reuters
Jan 21, 2025
Forex
BUZZ-COMMENT-Yen may falter on a BoJ hike
Jan 21 (Reuters) - U.S. tariffs and BOJ policy are set to be the big drivers of USD/JPY, with downside yen risks growing even if a rate hike materializes.With Day 1 market euphoria over the avoidance of immediate tariffs followed shortly followed by President Donald Trump threatening 25% duties on C...
Reuters
Jan 21, 2025
Cryptocurrencies
UPDATE 1-Crypto lobbying risks regulatory capture, South African cenbank boss tells Davos event
Updates throughout with additional comments from panel, contextBy Elizabeth Howcroft and Iain Withers DAVOS/PARIS/LONDON, Jan 21 (Reuters) - Surrounded by crypto executives buoyed by Donald Trump's presidency, South Africa's central bank chief on Tuesday criticized industry lobbying of U.S. polic...
Reuters
Jan 21, 2025
Other
Lawsuits challenge Trump's birthright citizenship, other orders
Legal challenge to Trump's birthright citizenship orderUnion disputes attempt to soften job protection for federal workersChallenges filed within hours of Trump taking officeBy Nate Raymond BOSTON, Jan 21 (Reuters) - Immigrant and civil rights groups have filed the first lawsuits challenging exec...
Reuters
Jan 21, 2025
Other
MEDIA-NYT eyes U.S. subscription bundle partners- Axios
-- Source link: https://tinyurl.com/uhnzd8ft-- Note: Reuters has not verified this story and does not vouch for its accuracy ((Bengaluru newsroom, globalnewsmonitoring@thomsonreuters.com))
Reuters
Jan 21, 2025
Other
MOVES-Wells Fargo hires JPMorgan executive as head of cards and merchant services
Jan 21 (Reuters) - U.S. bank Wells Fargo WFC.N named JPMorgan Chase JPM.N executive Ed Olebe as its new head of cards and merchant services on Tuesday, effective immediately.Olebe, who joined JPMorgan in 2016, succeeds Ray Fischer, who has decided to retire, Wells Fargo said. "Ed’s industry expertis...
Reuters
Jan 21, 2025
Economic Indicator
Canadian price growth edged lower on tax holiday in December – RBC Economics
The tick lower in inflation in December to 1.8% was above our own assumption for a 1.5% increase, but largely due to a smaller than assumed reduction in prices from the temporary GST/HST holiday in December, and was still slightly below market expectations for a 1.9% reading, RBC Economics' Assistan
Fxstreet
Jan 21, 2025
Economic Indicator
TREASURIES-US yields sink as markets cautious amid tariff uncertainty
US 10-year, two-year yields slip but tariff threat lingersMarkets price in 39 bps of Fed easing in 2025Trump says he may impose tariffs on Canada, Mexico next monthUS 2/10 yield curve flattens, hits narrowest gap since late DecemberAdds new comment, NEW YORK dateline, byline, updates pricesBy Gertru...
Reuters
Jan 21, 2025
Other
Auto file - China eyeballs old German car plants; India's EV blitz
By Nick Carey, European Autos Correspondent Greetings from London! The biggest news so far this week is something that didn’t happen. Donald Trump did not, as he had promised, follow through with wide-ranging tariffs, particularly on Canada. Mexico and China. This is Trump’s tried and tested mod...
Reuters
Jan 21, 2025
Cryptocurrencies
Elon Musk’s D.O.G.E Goes Live Amid Backlash – Could Send These 5 Presales to 100x in 2025
Despite being hit with three lawsuits within minutes of Trump reclaiming the presidency, Elon Musk’s Department of Government Efficiency (D.O.G.E) is officially live. And it’s bringing attention to these five presales set to 100x. D.O.G.E aims to minimize the federal budget by $2T through meas...
Bitcoinist
Jan 21, 2025
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