Latest News View More Stocks gain after mild US inflation; yields buoyed by trade tensions U.S. Treasury yields remained elevated after pulling further away from recent lows the day before, on escalating tit-for-tat tariff battles between the United States and trading partners. The euro was steady after slipping back from a five-month high on Wednesday, when President Donald Trump warned of a response to the European Union's threatened counter-tariffs on U.S. goods. Japan's Nikkei gained 0.9%, buoyed by advances in chip-sector heavyweights such as Advantest and Tokyo Electron. Reuters • 12 minutes ago ^GSPC +0.49% Intel's new CEO Lip-Bu Tan has a history as a successful underdog Oil Holds Hefty Gain After US Inflation Slowdown Aids Sentiment Asian Stocks Stabilize After Churn in Wall Street: Markets Wrap Intel names new CEO to lead the struggling chipmaker’s turnaround effort Couche-Tard Says Ready to Boost Bid If Seven & i Engages Taiwan Warns of Currency Risks From Stock Outflows, Trump Policy Stock Market News View More South Korea Braces for Market Disruptions After Trump Tariffs (Bloomberg) -- South Korea’s Acting President Choi Sang-mok urged top policymakers to prepare for possible market disruptions after President Donald Trump proceeded with plans to apply 25% tariffs on global steel and aluminum imports.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspe Bloomberg • 1 hour ago Quantum stocks rebound from dip after new 'supremacy' announcement Dollar bounces on rise in yields as trade war roils markets After-Hours Trading of US Stocks Has Picked Up Steam in Asia Why software stocks could be a safe haven for investors in a tariff-induced recession Goldman just cut its US stock forecast. It lays out 3 things that could spark a recovery. Stock market today: Dow, S&P 500, Nasdaq futures trade flat as tariffs loom over cool inflation data Earnings View More GoTo Earnings Forecast Tops Estimates as Cost Cuts Kick In (Bloomberg) -- Indonesian ride-hailing and food delivery provider GoTo Group forecast earnings for this year above analysts’ estimates, a sign of confidence as it battles intensifying competition from Grab Holdings Ltd.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pe Bloomberg • 2 hours ago Quest Resource (NASDAQ:QRHC) Reports Sales Below Analyst Estimates In Q4 Earnings Q4 Earnings Outperformers: Lincoln Educational (NASDAQ:LINC) And The Rest Of The Education Services Stocks Specialized Consumer Services Q4 Earnings: Frontdoor (NASDAQ:FTDR) Simply the Best Q4 Earnings Review: Toys and Electronics Stocks Led by Mattel (NASDAQ:MAT) Solo Brands (NYSE:DTC) Reports Sales Below Analyst Estimates In Q4 Earnings, Stock Drops 19.2% Xponential Fitness (XPOF) Q4 Earnings Report Preview: What To Look For Adobe needs to prove it is an 'AI winner' Adobe's (ADBE) first quarter results exceeded expectations, with adjusted earnings per share (EPS) coming in at $5.08 compared to the expected $4.97, and revenue coming in at $5.71 billion compared to the expected $5.66 billion. Wolfe Research managing director and head of software research Alex Zukin joins Market Domination Overtime to discuss Adobe's position in the artificial intelligence (AI) market, highlighting its unique combination of content creation tools. He also emphasizes the importance of demonstrating AI-driven growth metrics to restore investor confidence in Adobe's long-term prospects. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. 03:59 'Capitulatory signals' indicate potential upside for chip stocks 04:00 Tariff uncertainty puts market in price discovery mode 04:15 Sticky inflation categories see relief: Shelter, energy, food 04:37 Tax season: The most common filing mistakes, how to amend them From the Yahoo Finance Newsroom View More Trump is cutting the Department of Education in half. Here's how it could impact you and your loans. Intel appoints Lip-Bu Tan as CEO, stock jumps 11% Tesla US registrations dip 11% in January, the latest sign of demand weakness and consumer backlash Trump close to naming Bowman as Fed's top bank cop, signaling shift in regulatory stance: reports Stock market today: Tech rally leads Nasdaq, S&P 500 higher as Tesla, Nvidia surge after cool CPI print Porsche stock slides on profit forecast; company may 'pass' tariff costs on to customers Edward Jones CEO: Crypto still isn't an asset class Treasury Secretary Scott Bessent to CEOs: It's common sense to cut taxes Premium News View More Influencer Marketing Growth to Slow on TikTok Ban, Tariffs FTC Continues Microsoft Antitrust Probe Under Trump Kohl's to Continue Losing Market Share Amid Macro Headwinds, UBS Says OPEC Maintains Oil Demand Growth Outlooks, Flags Rising Tariff Uncertainty S&P 500, Nasdaq Rise After Consumer Inflation Report Uber Terminates Deal for Delivery Hero's Foodpanda Business in Taiwan Weekly Crude Inventories Rise Less Than Expected; Oil Prices Jump Equities Rise Intraday After CPI Report Housing View More 20 Housing Markets Where Homes Will Skyrocket in Value Before the End of 2025 A silver lining amid the Trump-induced market chaos: Lower mortgage rates TCW and Threadneedle Are Eyeing Complex Mortgage Bonds Over CLOs February inflation data shows housing costs rose at the slowest pace in over 3 years 5 Worst Florida Cities To Buy Property in the Next 5 Years, According to Real Estate Agents US Mortgage Rates Drop for a Sixth Week to Lowest Since December Mortgage and refinance rates today, March 12, 2025: Struggling economy pushes rates down Wells Fargo sues JPMorgan, Meyer Chetrit over $481M allegedly inflated mortgage Personal Finance How much money should you keep in a high-yield savings account? Yahoo Personal Finance • 6 hours ago Southwest is eliminating free checked bags — Here’s how you can still get the perk Best savings interest rates today, March 12, 2025 (top rate at 4.30% APY) Tech Oil eases on concerns about escalating tariff wars' impact on global economy Reuters • 1 hour ago The list of major companies laying off staff this year, including Porsche, Wayfair, Starbucks, and Meta Intel hires former board member as new CEO in struggling chipmaker's latest comeback attempt Crypto HANetf Unveils Europe's First Leveraged Crypto ETCs etf.com • 4 hours ago Crypto influencer says Bitcoin could see a 30% ‘correction’ to $70,000 Why the market is wrong about Bitcoin’s future More News Stock market today: Dow, S&P 500 lead losses as struggles continue amid Trump's latest tariff threats Stock markets built on the latest steep losses driven by recession fears. Warren Buffett Is Selling Bank of America and Citigroup Stock and Is Piling Into This High-Yield Investment Instead Buffett bought more than $166 billion of this investment in 2024. Wall Street's souring view on the US stock market isn't just about the economy — it's about AI too As economic uncertainty has spawned a stock market sell-off, one of investors' favorite trades of the past two years is going through its own rerating of expectations. Kimmeridge eyes more Canada oil and gas activism amid trade war, underperformance Kimmeridge Energy Management will pursue more activism among Canadian oil and gas producers, a senior executive told Reuters on Tuesday, as it targets underperforming companies and potential benefits emanating from the trade war with the United States. President Donald Trump has ratcheted up tariffs on his country's northern neighbor, although Canadian oil and gas exports to the U.S. have so far received fewer penalties. The tensions should instigate fresh thinking to boost Canadian energy exports, especially of liquefied natural gas, to other countries, according to Kimmeridge managing partner Mark Viviano. Analyst Report: Knight-Swift Transportation Holdings Inc. Knight-Swift is the largest full-truckload carrier in the US, with a diversified transportation offering. Pro forma for the U.S. Xpress deal, about 82% of revenue derives from Knight’s asset-based trucking business, with full truckload (for-hire dry van, refrigerated, and dedicated contract) making up 69% and less than truckload 13%. Truck brokerage and other asset-light logistics services make up 9% of revenue, with intermodal near 6%. Knight's intermodal operations use the Class I railroads for the underlying movement of its shipping containers and include drayage (regional trucking services to and from inland intermodal ramps/terminals). The remainder of revenue reflects services offered to shippers and third-party truckers, including equipment maintenance and leasing. Oil up 2% on tighter US supplies but tariff concerns loom NEW YORK (Reuters) -Oil prices rose 2% on Wednesday, as U.S. government data showed tighter-than-expected oil and fuel inventories, though investors kept an eye on mounting fears of a U.S. economic slowdown and the impact of tariffs on global economic growth. Also on Wednesday, the Organization of the Petroleum Exporting Countries kept its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel would support consumption. Gold Climbs as Investors Seek Safety Amid Tariff Flip-Flop (Bloomberg) -- Gold climbed — regaining a small foothold above $2,900 an ounce — as traders sought safety in bullion, with President Donald Trump’s latest tariff announcement intensifying concern that a global trade war could risk tilting the US economy into a recession. Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsWhere New York City's Zoning Reform Will Add HousingElectric Construction Equipment Promises a Q The GDP warnings are adding up: Morning Brief The onset of stagflation will be much harder to ignore than a market correction. Corporate gloom deepens as new Trump tariffs take effect PARIS/CHICAGO (Reuters) -Makers of goods from sportswear to luxury cars and chemicals painted a gloomy picture on Wednesday of consumer and industrial health, hitting share prices and adding to concerns about the damage from U.S. President Donald Trump's trade wars. Increased tariffs on all U.S. steel and aluminium imports took effect on Wednesday, as Trump stepped up his campaign to reorder global trade in favour of the United States. Europe and Canada swiftly retaliated. Analyst Report: Adobe Inc. Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
