Stock market

Wells Fargo sees lower profit across apparel sector on tariff, recession risks
April 30, 2025 11:53 PM AEST| By InvestingInvesting.com -- Wells Fargo slashed 2026 earnings estimates across the U.S. apparel and footwear sector given the dual pressures of elevated tariffs on Chinese imports and expectations for a mild U.S

XPO posts Q1 earnings beat
April 30, 2025 10:29 PM AEST| By InvestingInvesting.com -- XPO (NYSE:XPO) reported first quarter 2025 earnings that beat analyst expectations, but revenue fell just short of estimates.

Citi questions Intel’s aggressive foundry push as it trails TSMC
April 30, 2025 09:57 PM AEST| By InvestingInvesting.com -- Citi analysts remain skeptical of Intel’s foundry ambitions, pointing to a significant technology gap versus Taiwan Semiconductor Manufacturing and ongoing challenges in gaining tra

Exclusive: Ace Green makes supply deal as battery recycling group eyes SPAC merger
April 30, 2025 09:47 PM AEST| By InvestingInvesting.com - Ace Green Recycling has secured a multi-year material supply deal with trading firm OM Commodities, as the sustainable battery recycling technology provider advances its plans to go pu

TSX finishes higher after Liberals win parliamentary elections
April 30, 2025 08:11 AM AEST| By InvestingInvesting.com -- Canada’s main stock exchange moved higher on Tuesday, as investors gauged the results from parliamentary elections and its potential impact on Ottawa’s trade negotiations with U.S

NVIDIA, Dell fall after-hours after SMCI’s Q3 warning
April 30, 2025 07:47 AM AEST| By InvestingInvesting.com - NVIDIA (NASDAQ:NVDA) shares fell 1.7% in after-hours trading on Tuesday after major customer Super Micro Computer Inc (NASDAQ:SMCI) issued preliminary third quarter results well below

Mondelez Q1 earnings beat, sees 10% drop in FY25 adj. EPS due to cocoa inflation
April 30, 2025 07:03 AM AEST| By InvestingInvesting.com -- Mondelez (NASDAQ:MDLZ) International Inc (BMV:MDLZ) reported first quarter 2025 earnings that surpassed analyst expectations, despite facing significant cocoa cost inflation. The snac

Nvidia stock dips amid Reuters report on AI chip export rule review
April 30, 2025 06:17 AM AEST| By InvestingInvesting.com -- Shares of Nvidia (NASDAQ:NVDA) edged lower, but remained higher by 0.5% as the market responded to a report from Reuters that Trump administration officials are considering changes to

Tesla sees a rare insider buy, but also a notable insider sale
April 30, 2025 06:01 AM AEST| By InvestingInvesting.com -- Tesla (NASDAQ:TSLA) saw a couple of notable insider trading transactions over the past 24 hours.

Intel CEO Lip-Bu Tan charts foundry roadmap
April 30, 2025 03:45 AM AEST| By InvestingInvesting.com -- Intel Corporation (NASDAQ:INTC) CEO, Lip-Bu Tan reaffirmed the company’s commitment to becoming a leading global foundry player, laying out a focused roadmap at the Direct Connect C

TSX edges higher after Liberals win parliamentary elections
April 30, 2025 03:13 AM AEST| By InvestingInvesting.com -- Canada’s main stock exchange moved higher on Tuesday, as investors gauged the results from parliamentary elections and its potential impact on Ottawa’s trade negotiations with U.S

Meta launches standalone AI app amid intensifying AI race
April 30, 2025 02:03 AM AEST| By InvestingInvesting.com -- Meta Platforms Inc (NASDAQ:META) has introduced a standalone Meta AI app, marking its most direct push yet into the competitive consumer artificial intelligence assistant market. The

BofA favors defense and value in the oil and gas sector
April 30, 2025 01:59 AM AEST| By InvestingInvesting.com -- Bank of America told investors it prefers a defensive and value-oriented approach to the U.S. oil and gas sector, as the market grapples with twin economic shocks: a trade war and a s

JPMorgan is convinced of the long-term opportunity for Qualcomm
April 30, 2025 01:57 AM AEST| By InvestingInvesting.com -- JPMorgan initiated coverage of Qualcomm (NASDAQ:QCOM) with an Overweight rating and a December 2025 price target of $185 per share in a note on Tuesday.

Honeywell faces $500 million tariff impact, but Kapur says mitigation in place
April 30, 2025 01:37 AM AEST| By InvestingInvesting.com -- Honeywell International Inc (NASDAQ:HON) disclosed it expects up to $500 million in tariff-related exposure this year, largely driven by rising tensions with China, but its leadership

Volaris downgraded by analysts on macro risks, weak U.S.-Mexico demand
April 30, 2025 01:23 AM AEST| By InvestingInvesting.com -- Shares of Mexican low-cost carrier Volaris were downgraded by Barclays (LON:BARC) and Morgan Stanley (NYSE:MS) to Equal Weight given the weakening demand on U.S.-Mexico routes and ris

Amazon says tariff pricing wasn’t planned for main site, as WH calls ’hostile act’
April 30, 2025 01:17 AM AEST| By InvestingInvesting.com -- Shares of Amazon (NASDAQ:AMZN) fell over 2% in pre-open trading Tuesday after White House Press Secretary Karoline Leavitt said a move by the e-commerce giant to break out tariff pric

UPS warns of "enormous" trade disruption as US-China tensions escalate
April 30, 2025 01:13 AM AEST| By InvestingInvesting.com -- United Parcel Service (NYSE:UPS) executives issued stark warnings about the impact of escalating trade tensions between the United States and China during the company’s first-quarte

Needham bullish on Twilio on upside on AI, free cash flow
April 30, 2025 12:47 AM AEST| By InvestingInvesting.com -- Needham is bullish on Twilio (NYSE:TWLO) Inc, which is Buy rating, added the stock to its Conviction List, citing confidence in the company’s ability to meet its long-term financial

Strategy initiated with a Buy rating at H.C. Wainwright
April 30, 2025 12:23 AM AEST| By InvestingInvesting.com -- H.C. Wainwright has initiated coverage of Strategy (formerly Microstrategy (NASDAQ:MSTR)) with a Buy rating and a $480 price target, calling it "one of the most compelling public equi

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