Concerns over slowing discretionary spend and rising trade pressures lead Seaport to cut ratings on key fintech names
Publicat el April 17, 2025 a les 20:36
Egypt Makes First Rate Cut Since 2020 With Inflation Tamed
Egypt cut interest rates for the first time in almost five years, potentially spurring investment key to an economic rebound while easing some of the Middle East’s highest debt-servicing costs.
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Publicat el April 17, 2025 a les 20:34
TSX up 60 Points at Midday, Led by Gains in Energy, Telecoms
The Toronto Stock Exchange is up near 60 points at midday, led by strong gains in energy (+2.4%) and
Publicat el April 17, 2025 a les 20:21
Ares Says Cash-Hungry Private Equity Investors Face Big Wait
Private equity investors will have to wait even longer before getting back their money back from older funds as global trade turmoil dims hopes of a deal revival, according to the head of Ares Management Corp.’s buyout business.
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Publicat el April 17, 2025 a les 20:19
Stocks are mixed as Trump lashes out at Powell
US stocks were mixed Thursday after President Donald Trump called for the termination of Federal Reserve Chair Jerome Powell for not cutting interest rates fast enough — a criticism he has levied multiple times in a long-standing feud between the president and the Fed chair.
Publicat el April 17, 2025 a les 20:06
Schwartz: Investors Should Stay Buckled | Bloomberg Open Interest 04/17/2025
Get a jump start on the US trading day with Matt Miller, Katie Greifeld and Sonali Basak on “Bloomberg Open Interest.” The President piles pressure on Powell… calling on the Fed to cut rates and saying “Powell’s termination cannot come fast enough!” UnitedHealth had its biggest intraday fall since 2015 after profits fell more than expected and it cut earning guidance for the year; Eli Lilly saw gains after its experimental weigh-loss pill worked as well as the Ozempic shot in a trial; Google is found guilty of illegally monopolizing some online ad technology; Netflix earnings on deck as analysts expect it to weather the market turmoil better than rivals. (Source: Bloomberg)
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Publicat el April 17, 2025 a les 20:04
Dow Tumbles Hard Due to UnitedHealth. There Are Still Lots of Winners.
UnitedHealth is single-handedly bringing down the Chalk it up to the fact that the Dow is a price-weighted average and not an index that ranks its components by market value. Shares of UnitedHealth tumbled 22% after the company reported weak earnings and issued disappointing financial guidance. The Dow fell more than 400 points, or 1.1%, as a result.
Publicat el April 17, 2025 a les 19:51
EU Weighs Export Restrictions on US If Trade Negotiations Fail
The European Union is working on a proposal to introduce restrictions on some exports to the US as a possible retaliatory tactic in the expansive trade war President Donald Trump initiated last month.
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Publicat el April 17, 2025 a les 19:49
Global Payments Stock Swoons Following $24B Worldpay Acquisition
Shares of Global Payments tumbled 17% Thursday after the fintech firm announced the acquisition of payment processing company Worldpay from private equity firm GTCR and Fidelity National Information Services for $24.25 billion in cash and stock.
Publicat el April 17, 2025 a les 19:36
Day Traders Refuse to Give Up Favorite Obsession: Leveraged Funds
A punishing stock selloff and soaring volatility couldn’t keep investors away from one of the market’s riskiest corners: leveraged exchange-traded funds.
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Publicat el April 17, 2025 a les 19:34