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Nuclear stocks surge on report Trump executive orders to boost industry

Nuclear stocks surge on report Trump executive orders to boost industry

By Vallari Srivastava and Medha Singh (Reuters) -Shares of nuclear power companies surged after a report that U.S. President Donald Trump would sign executive orders as soon as Friday to jumpstart the industry. Trump is expected to streamline the regulatory process for new reactor approvals and enhance fuel supply chains, Reuters reported citing four sources familiar with the matter. U.S. power co ...

2025-05-24 01:38:18
Wall St falls after Trump threatens steep tariffs on EU, Apple

Wall St falls after Trump threatens steep tariffs on EU, Apple

By Shashwat Chauhan and Kanchana Chakravarty (Reuters) -Wall Street’s main indexes slumped on Friday after U.S. President Donald Trump recommended 50% tariffs on the European Union, while Apple (NASDAQ:AAPL) tumbled after he warned it would have to pay tariffs if iPhones were not manufactured in the United States. "The European Union, which was formed for the primary purpose of taking advantage ...

2025-05-24 01:36:57
Intuit, Deckers among Friday’s market cap stock movers

Intuit, Deckers among Friday’s market cap stock movers

The stock market on Friday has experienced notable fluctuations, with some stocks making significant moves both upwards and downwards, largely influenced by the latest earnings reports and market news. Among the mega-cap and large-cap categories, stocks like Intuit (NASDAQ:INTU) are seeing a surge, while Deckers Outdoor Corp (NYSE:DECK) is witnessing a steep decline. Here are some of the key s ...

2025-05-24 01:34:02
Citi starts coverage of these ’safe haven’ food distributor stocks

Citi starts coverage of these ’safe haven’ food distributor stocks

Investing.com -- Citi initiated coverage on U.S. food distributors, calling the group a “relatively safe haven for macro and tariff concerns” and issuing Buy ratings on Performance Food Group (NYSE:PFGC) and US Foods. Sysco (NYSE:SYY) received a Neutral rating.In its note, Citi cited several favorable industry dynamics, including “restaurant wallet share as a likely buffer to macro risk ...

2025-05-24 01:32:40