General News
Stocks Purr, Tariffs Roar
Stocks crept higher today. Three straight intraday rebounds nearly erased Friday's 2% S&P spanking.
Japan says it is leaving all options open against Trump's tariffs
Japanese Trade Minister Yoji Muto said on Thursday that Japan is leaving all options open to respond to U.S. President Donald Trump's newly announced tariffs.
Trump is 'bringing jobs back' to US with tariffs, says autoworker
Indiana steelworker Matt Novak and Michigan autoworker James Benson Jr. weigh in on what President Donald Trump's tariffs mean for their industries on 'The Evening Edit.' #trump #job #economy #tariffs #foxbusiness
Oil sinks nearly 3% after Trump announces sweeping new tariffs
Oil prices dropped $2 on Thursday after U.S. President Donald Trump announced reciprocal tariffs on trading partners, stoking concerns that a global trade war may dampen demand for crude.
Trump's tariffs are ‘a game changer,' not only for U.S. economy but for the world
President Donald Trump's new tariff plan is a tsunami that will slam into the global economy and have repercussions that are hard to quantify, economists said Wednesday.
Trump Tariffs Aim to Bring Down Curtain on Era of Globalization
The president wants companies to return production to the U.S., but it won't be easy.
Stock News
RH (RH) Q4 2024 Earnings Call Transcript
RH (NYSE:RH ) Q4 2024 Earnings Conference Call April 2, 2025 5:00 PM ET Company Participants Allison Malkin - IR, ICR Gary Friedman - Chairman & CEO Jack Preston - CFO Conference Call Participants Steven Forbes - Guggenheim Michael Lasser - UBS Max Rakhlenko - TD Cowen Andrew Carter - Stifel Bradley Thomas - KeyBanc Capital Markets Jonathan Matuszewski - Jefferies Seth Basham - Wedbush Securities Brian Nagel - Oppenheimer Cristina Fernandez - Telsey Advisory Group Operator Good day, everyone, and welcome to the RH Fourth Quarter and Fiscal Year 2024 Earnings Call. I would now like to turn the call over to Ms.
Melco Resorts & Entertainment: Discounted Way Into Asia-Pacific Gambling Recovery
Melco Resorts & Entertainment is shifting to an asset-light model, focusing on operating gaming floors rather than building new properties, to expand its footprint. Despite a 20.6% stock decline due to a crackdown on junkets, Melco's shares are undervalued with key expansions expected to boost earnings in 2025. Melco's Macau operations, including City of Dreams and Studio City, are crucial revenue drivers, with ongoing renovations aimed at attracting high-value customers organically.
Volkswagen to introduce 'import fee' on tariff-hit cars, WSJ reports
Volkswagen will introduce an "import fee" on vehicles affected by the 25% tariffs imposed by U.S. President Donald Trump, the Wall Street Journal reported on Wednesday.
Sylvan Receives Investment from Novo Holdings to Drive Further Growth
BEIJING--(BUSINESS WIRE)--Sylvan Receives Investment from Novo Holdings to Drive Further Growth.
Lost Money on TFI International Inc. (TFII)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
NEW YORK, NY / ACCESS Newswire / April 2, 2025 / If you suffered a loss on your TFI International Inc. (NYSE:TFII) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/tfi-international-inc-lawsuit-submission-form?prid=140618&wire=1 or contact Joseph E. Levi, Esq.
Class Action Filed Against Skyworks Solutions, Inc. (SWKS) Seeking Recovery for Investors - Contact Levi & Korsinsky
NEW YORK CITY, NY / ACCESS Newswire / April 2, 2025 / If you suffered a loss on your Skyworks Solutions, Inc. (NASDAQ:SWKS) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/skyworks-solutions-inc-lawsuit-submission-form?prid=140616&wire=1 or contact Joseph E. Levi, Esq.
Crypto News
Bitcoin Price Swings Wildly—Yet Bears Keep the Upper Hand!
Bitcoin price started a recovery wave above the $85,500 zone. BTC is trimming all gains and might decline again toward the $80,000 zone.
Bitcoin and Crypto Markets Hit Hard as Trump's Tariff Announcement Take Effect
Trump's new tariff policies sent shockwaves through the crypto market, triggering a $500M wipeout in liquidations. Bitcoin, Ethereum, and Solana all took major hits.
XRP News Today: XRP Slides on Trump Tariffs, ETF Hopes in Focus
XRP slides as Trump's trade war jolts markets. Eyes now turn to the SEC's potential appeal withdrawal and prospects for a US XRP-spot ETF.
OnlyFans Founder's New Startup and Hbar Foundation Submit Bid for TikTok
The duo join a growing number of crypto firms and tech giants vying for TikTok as a U.S. divest-or-ban deadline looms.
Bitcoin Fear & Greed Index Approaches Neutral As BTC Recovers To $85,000
Data shows the Bitcoin market sentiment has closed in on the neutral territory as the cryptocurrency's price has recovered to $85,000. Bitcoin Fear & Greed Index Is Now Close To Neutral Region The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment present among the investors in the Bitcoin and wider cryptocurrency markets.
What's Up With Cardano Sidechain Midnight? Update
Cardano's privacy-focused sidechain, Midnight, continues to make progress according to the most recent “State of the Network” report for March 2025. The update details recent progress, community insights, and new collaborations.
Forex News
USD/JPY to a three week low towards 147.50
USD/JPY, though, lost ground from above 150.25 (early highs) to below 148.00 and that has continued. USD/JPY has hit lows 147.60 as the flight into yen carried through.
GBP/USD Bulls in Action—Can They Extend The Rally?
The British Pound failed to continue higher above the 1.3000 resistance against the US Dollar. GBP/USD corrected some gains and tested the 1.2880 support.
AUD/USD remains weak below 0.6300 despite upbeat Chinese PMI data
AUD/USD remains weak below 0.6300 despite upbeat Chinese PMI data
CAD/JPY Outlook: Deterioration in US Growth and Tariff Risk May Spark Another Round of Yen Strength
This is a follow-up analysis of our prior report “CAD/JPY Technical: Trump's shock and awe trade policy manoeuvre erased CAD gains” published on 21 January 2025.
AUDCHF Wave Analysis
AUDCHF currency pair recently reversed up from the support area between the pivotal support level 0.5485 (which stopped the earlier impulse wave i at the start of March) and the lower daily Bollinger Band.
PBOC sets USD/CNY reference rate at 7.1889 vs. 7.1793 previous
The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1889 as compared to the previous day's fix of 7.1793 and 7.2532 Reuters estimate.