3 Reasons to Avoid ALNT and 1 Stock to Buy Instead
  • April 29, 2025

3 Reasons to Avoid ALNT and 1 Stock to Buy Instead

While the broader market has struggled with the S&P 500 down 5% since October 2024, Allient has surged ahead as its stock price has climbed by 19.5% to $21.01 per share. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

3 Reasons to Avoid THS and 1 Stock to Buy Instead
  • April 29, 2025

3 Reasons to Avoid THS and 1 Stock to Buy Instead

What a brutal six months it’s been for TreeHouse Foods. The stock has dropped 38.5% and now trades at $22.64, rattling many shareholders. This was partly driven by its softer quarterly results and might have investors contemplating their next move.

Hedge funds venture back to markets to buy bank shares, says Goldman Sachs
  • April 29, 2025

Hedge funds venture back to markets to buy bank shares, says Goldman Sachs

LONDON (Reuters) -Hedge funds returned into markets last week to buy bank stocks having sold out of positions for eight straight weeks, a Goldman Sachs note shows. Financial firms including U.S. banks became the second-most net bought stock behind real estate this year, said the note released on Friday and seen by Reuters on Tuesday. Trading desks at JPMorgan Chase and Morgan Stanley brought in record revenue as markets boomed early in the year, while Wells Fargo earned more fees from clients quarterly presentations showed.

Stocks Climb With Earnings, Economic Data in Focus: Markets Wrap
  • April 28, 2025

Stocks Climb With Earnings, Economic Data in Focus: Markets Wrap

(Bloomberg) -- Stocks posted modest gains as traders tackled a deluge of European earnings while they awaited progress in trade negotiations and a series of updates on the US economy.Most Read from BloombergNew York City Transit System Chips Away at Subway Fare EvasionNYC’s Congestion Toll Raised $159 Million in the First QuarterNewsom Says California Is Now the World’s Fourth-Biggest EconomyThe Last Thing US Transit Agencies Should Do NowAt Bryn Mawr, a Monumental Plaza Traces the Steps of Blac

Beijing will not engage in market dumping, China's ambassador to India says
  • April 28, 2025

Beijing will not engage in market dumping, China's ambassador to India says

MUMBAI (Reuters) -China will not dump its goods in other countries due to its trade and tariff war with the U.S., Beijing's ambassador to India, Xu Feihong, wrote in an article on Tuesday, trying to allay fears of cheap Chinese goods flooding other markets. In tit-for-tat tariffs between the world's two biggest economies, China and the U.S. have hiked levies on each other's goods to over 100% since U.S. President Donald Trump took office in January, rattling global markets. The trade war has stoked fears that Chinese firms may divert goods to other markets, hitting competitiveness of exports from other countries.