Shares of diversified industrial manufacturing company Worthington (NYSE:WOR) jumped 23.1% in the morning session after the company reported strong first-quarter (fiscal Q3 2025) results, which blew past analysts' estimates for the key metrics we track, including sales, operating income, and earnings estimates.
Shares of server solutions provider Super Micro (NASDAQ:SMCI) fell 8.8% in the afternoon session after stocks pulled back (Nasdaq -1.5%, S&P 500 -1.2%) amid fresh concerns about trade tariffs. The pullback followed comments from President Trump clarifying the scope of his administration's 25% tariffs on Venezuela. He noted that it would apply to any country that does business with Venezuela. For example, 25% is on top of the already-in-place 20% tariff on China because China imports oil from Ven
Shares of network chips maker MACOM Technology Solutions (NASDAQ: MTSI) fell 6.8% in the afternoon session after stocks pulled back (Nasdaq -1.5%, S&P 500 -1.5%) amid fresh concerns about trade tariffs. The pullback followed comments from President Trump clarifying the scope of his administration's 25% tariffs on Venezuela. He noted that it would apply to any country that does business with Venezuela. For example, 25% is on top of the already-in-place 20% tariff on China because China imports oi
Shares of payroll and human resources software provider, Paychex (NASDAQ:PAYX) jumped 6.2% in the morning session after the company reported decent first quarter (fiscal Q3 2025) earnings. There weren't many resounding positives in these results. Both revenue and EBITDA were roughly in line with expectations. However, free cash flow improved significantly.
Shares of e-commerce software platform Shopify (NYSE:SHOP) fell 5.9% in the afternoon session after stocks pulled back (Nasdaq -1.5%, S&P 500 -1.2%) amid fresh concerns about trade tariffs. The pullback followed comments from President Trump clarifying the scope of his administration's 25% tariffs on Venezuela. He noted that it would apply to any country that does business with Venezuela. For example, 25% is on top of the already-in-place 20% tariff on China because China imports oil from Venezu
LONDON (Reuters) -U.S. President Donald Trump emerged as one of the biggest threats hanging over the British economy on Wednesday, when the country's fiscal watchdog said slow growth and a heavy debt burden made it especially vulnerable to his proposed tariffs. Finance minister Rachel Reeves delivered a politically unpopular cut to the welfare budget and other reductions in her spending plans, all to keep the economy on track for a key fiscal target that was designed to reassure investors after short-lived former Prime Minister Liz Truss's market meltdown of 2022. But the country's independent fiscal watchdog said a global trade war could reduce economic output, while a rise in Bank of England interest rates and gilt yield expectations could wipe out her small headroom against that fiscal target.
Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 5.9% in the morning session after stocks pulled back (Nasdaq -1.5%, S&P 500 -1.2%) amid fresh concerns about trade tariffs. The pullback followed comments from President Trump clarifying the scope of his administration's 25% tariffs on Venezuela. He noted that it would apply to any country that does business with Venezuela. For example, 25% is on top of the already-in-place 20% tariff on China because China imports oil fr
Shares of power management chips maker Monolithic Power Systems (NASDAQ:MPWR) fell 6.3% in the afternoon session after stocks pulled back (Nasdaq -1.5%, S&P 500 -1.2%) amid fresh concerns about trade tariffs. The pullback followed comments from President Trump clarifying the scope of his administration's 25% tariffs on Venezuela. He noted that it would apply to any country that does business with Venezuela. For example, 25% is on top of the already-in-place 20% tariff on China because China impo
Shares of networking chips designer Marvell Technology (NASDAQ: MRVL) fell 7.9% in the afternoon session after stocks pulled back (Nasdaq -1.5%, S&P 500 -1.2%) amid fresh concerns about trade tariffs. The pullback followed comments from President Trump clarifying the scope of his administration's 25% tariffs on Venezuela. He noted that it would apply to any country that does business with Venezuela. For example, 25% is on top of the already-in-place 20% tariff on China because China imports oil
Paul Atkins, President Donald Trump's pick to run the U.S. Securities and Exchange Commission, pledged on Wednesday that regulations under his leadership would benefit the crypto sector and prevent politics from "stifling" capital formation, according to prepared testimony made public by the Senate. "A top priority of my chairmanship will be to work with my fellow Commissioners and Congress to provide a firm regulatory foundation for digital assets through a rational, coherent, and principled approach," Atkins said in written remarks. Atkins is due to appear for a Senate confirmation hearing on Thursday.
