Stocks closed higher on Tuesday, propelled by investors’ hopes for a trade deal.… MORE
Category Archives: Top News
Wells Fargo upgrades Sherwin-Williams to overweight, cites limited headwinds from tariffs
Wells Fargo’s price target of $420 implies a potential upside of 21% for shares of Sherwin-Williams.… MORE
Sell in May? Don’t get taken in by seasonal trading patterns
Seasonal barometers have not been bullish. January was up, but February and March were down, as was the first quarter and November through April.… MORE
Auto giant Stellantis suspends full-year guidance due to uncertainties over Trump tariffs
Auto giant Stellantis on Wednesday said it was withdrawing its full-year financial guidance due to U.S. tariff uncertainties.… MORE
Volkswagen posts 37% drop in first-quarter profit, says Trump tariffs could weigh on outlook
Europe’s biggest carmaker reported operating profit of 2.9 billion euros ($3.3 billion) for the first three months of the year.… MORE
UBS posts profit beat but ‘material risk’ from Trump tariffs darkens outlook
UBS on Wednesday beat bottom line expectations as the lender seeks to rein in steep share declines that have cost it the crown of continental Europe’s largest bank amid sweeping U.S. tariffs.… MORE
Lars Klingbeil to become Germany’s vice chancellor and finance minister, Social Democratic Party says
The Social Democratic Party’s Lars Klingbeil has been tapped to become Germany’s next finance minister in the incoming centrist coalition government.… MORE
Euro zone economy expands by better-than-expected 0.4% in the first quarter
The figure was ahead of the 0.2% forecast in a Reuters poll of economists, and comes amid severe tariff headwinds.… MORE
Germany’s economy expands by 0.2% in the first quarter, in line with expectations
A Reuters poll had projected 0.2% growth from the previous quarter.… MORE
Samsung flags uncertain economic climate after smartphone, chip sales power quarterly results beat
The South Korean company posted a record quarterly revenue, up 10% from a year earlier, while its first-quarter operating profit climbed 1.5%.… MORE