News

Johnson & Johnson shares fell Tuesday, after the company said a judge rejected its proposed plan to settle thousands of claims alleging its baby powder and other talc products cause ovarian cancer.

The former Chicago mayor and 2028 presidential contender will rejoin Centerview Partners, historically an outpost of Democratic influence.

Shares of breakfast restaurant chain First Watch Restaurant Group (NASDAQ:FWRG) jumped 7.7% in the morning session after TD Cowen upgraded the stock's rating from Hold to Buy and assigned a price target of $22, which implied a potential 20% upside. The firm anticipated improvements in same-store sales due to "more effective" marketing. This upgrade suggested that TD Cowen felt there was a decent possibility of an upward surprise to FWRG's growth projection, which could translate to improved inve

Shares of fashion conglomerate PVH (NYSE:PVH) jumped 18.7% in the morning session after the company reported impressive fourth quarter 2024 results, with sales and earnings exceeding Wall Street's expectations. In North America, sales remained steady, supported by the benefit of earlier wholesale shipments. Meanwhile, European sales declined as planned, reflecting the company's deliberate strategy to prioritize quality over volume.

Michael Saylor's perpetual capital raising machine could be nearing its limit, according to Monness, Crespi, Hardt & Co.

U.S. equities rose at midday as investors anticipated tomorrow's tariffs announced by the White House won't be as tough as anticipated.

BERLIN (Reuters) -Continental AG expects production of light vehicles in North America to fall by around 7% in the first quarter, the German auto supplier said on Tuesday, citing "economic uncertainty" ahead of looming tariffs on the sector. "The current tariff situation and the development of new product launches are creating high levels of uncertainty, impacting strategic planning and market predictions," Continental said. The comments come ahead of earlier announced U.S. import tariffs on cars that come into force on April 3, with broader duties expected to be announced by U.S. President Donald Trump on Wednesday.

Macro factors weigh on Bitcoin, despite another $2B Saylor buy

As markets brace for Trump’s tariff announcement, Bitcoin faces uncertainty with a 4.54% weekly drop to $83,597.34, signaling mixed investor sentiment.

"This crypto-friendly stance has the potential to accelerate crypto adoption, including by institutional investors," an ESMA spokesperson said.