Fastenal (NASDAQ:FAST) Reports Q1 In Line With Expectations
Industrial supplier Fastenal (NASDAQ:FAST) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 3.4% year on year to $1.96 billion. Its GAAP profit of $0.52 per share was in line with
Asia markets ended mixed after volatile trading
Despite President Donald Trump's 90-day pause on most tariffs, markets are not out of the woods.
Ten trading days that shook financial markets
SINGAPORE/LONDON (Reuters) -The pain, said Shuntaro Takeuchi, was 10 out of 10. Not in the portfolio of Japanese stocks he runs out of Palo Alto, California, but in his appendix. The 10 trading days s
Tariff tensions threaten Canada’s construction market
In response to a trade war that experts say will hurt contractors in both countries, some Canadian jurisdictions have blocked U.S. firms from bidding on government contracts.
Investors flee U.S. assets but Chinese markets shrug off Trump’s 145% tariff as trade war begins
The tit-for-tat retaliation between the U.S. and China could wipe out all bilateral trade between the the world's two largest economies.
Exclusive-Chinese exchanges restrict daily stock sales as trade war with US escalates, sources say
Chinese bourses have set daily restrictions on net share sales by hedge funds and large retail investors, four sources said on Friday, as Beijing steps up support for its stock markets in an intensify
BlackRock assets hit record but Fink warns of market anxiety
BlackRock's assets increased to a record high value in the first quarter, but the CEO of the world's largest asset manager said anxiety was dominating markets, even if the recent selloff did not pose
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Trump’s trade war with China begins—and Apple, Tesla, and U.S. stocks are the first major casualties
Also: Fortune’s 100 Best Companies to Work For, Apple’s supply chain is trapped.
Analysis-Market distress could see trillions of dollar holdings seek currency protection
SINGAPORE (Reuters) -As Donald Trump's grand plan to redefine global trade whipsaws the U.S. dollar, investors who hold tens of trillions' worth assets in the currency may for the first time in decade