GameStop shares gained ground to start the week ahead of the scheduled release of the video game retailer’s earnings report after Tuesday’s closing bell. Monitor these key chart levels.
The benchmark diesel price used for most fuel surcharges rose for the first time in three weeks. The post Benchmark diesel price up first time in 3 weeks, futures markets edge higher appeared first on FreightWaves.
(Bloomberg) -- Traders battered by one of the fastest US stock slides on record may be poised for a reprieve.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsLibraries Warn They Could Be ‘Cut off at the Knees’ by DOGEEquity strategists at firms including JPMorgan Chase & Co.,
The stock of 23andMe dropped 59% Monday after filing for federal bankruptcy protection and the exit of its CEO, a dramatic collapse for a biotech company that once dazzled Silicon Valley.
Homebuilder KB Home (NYSE:KBH) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling 5.2% year on year to $1.39 billion. The company’s full-year revenue guidance of $6.8 billion at the midpoint came in 3.4% below analysts’ estimates. Its GAAP profit of $1.49 per share was 6.4% below analysts’ consensus estimates.
Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped 8.6% in the morning session after stocks rebounded (Nasdaq +2.0%, S&P 500 +1.5%) following a report from The Wall Street Journal stating that the Trump administration's reciprocal tariffs, to be announced on April 2, 2025, would be more narrowly targeted.
Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 9.9% in the afternoon session after stocks rebounded (Nasdaq +2.0%, S&P 500 +1.5%) following a report from The Wall Street Journal stating that the Trump administration's reciprocal tariffs, to be announced on April 2, 2025, would be more narrowly targeted. The market reaction indicated that investors took that as a sign the economic impact of the tariffs, particularly on inflation and growth, might not be as bad as they initial
Shares of social commerce platform Pinterest (NYSE: PINS) jumped 5.3% in the morning session after stocks rebounded (Nasdaq +2.0%, S&P 500 +1.5%) following a report from The Wall Street Journal stating that the Trump administration's reciprocal tariffs, to be announced on April 2, 2025, would be more narrowly targeted. The market reaction indicated that investors took that as a sign the economic impact of the tariffs, particularly on inflation and growth, might not be as bad as they initially fe
The S&P 500 snapped a four-week losing streak last week, an event that historically presages gains in the year ahead.
For more than a month, President Donald Trump and his administration have been promoting April 2 as a kind of tariffs Super Bowl, during which all of his many promised import taxes will go into effect. But as he has demonstrated many times before, Trump once again appears to be offering a lot of hype and little action.