Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now ASX - Delayed Quote • AUD Sunshine Metals Limited (SHN.AX) Follow Compare 0.0090 +0.0020 +(28.57%) At close: 4:10:36 PM GMT+10 Related News Stock market today: Dow, S&P 500, Nasdaq futures fall as Nvidia stock weighs on tech US stock futures fell after Nvidia revealed costly new curbs on chip exports to China, and investors grappled with uncertainty over President Trump's trade policy. ASML earnings, retail data, Fed Chair Powell speech: What to Watch Asking for a Trend host Josh Lipton highlights top stories to watch on Wednesday, April 16. A wave of earnings results will be posted, including from ASML Holding (ASML), US Bancorp (USB), and Citizens Financial Group (CFG). Fresh retail sales data will be released in the morning, with economists expecting total retail sales to increase to 1.3% and core retail sales to increase to 0.6%. The Homebuilder Confidence Index for April will also be released in the morning, with expectations of a decline to 38. More Federal Reserve commentary is coming tomorrow, including statements from Fed Chairman Jerome Powell, Cleveland Fed president Beth Hammack, Kansas City Fed president Jeff Schmid, and Dallas Fed president Lorie Logan. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. Trump promises 'expedited' process for Nvidia's US supercomputer plans as Big Tech pledges top $1.6 trillion Nvidia's announcement brings Big Tech’s investment pledges to US AI infrastructure to just north of $1.6 trillion since Trump's inauguration. Retail Sales Jump In Rush To Buy Autos, iPhones Before Trump Tariffs Hit; S&P 500 Futures Fall (Live Coverage) March retail sales jumped as consumers rushed to buy autos and Apple iPhones before the impact of Trump tariffs. S&P 500 futures fell. Nvidia Shares Fall 5% After U.S. Blocks China Chip Exports Wall Street Futures Drop as Nvidia Faces China Restrictions As Trade Wars Heat Up Over Trump's Tariffs, Is Taiwan Semiconductor Stock Still a Buy Before April 17? Semiconductor stocks are selling off as Trump's tariff agenda sparks ongoing tensions among trade partners. Is this an opportunity to buy Taiwan Semi? ASML Holds Forecast Despite Miss on Orders and Tariff Headwinds ASML maintains 2025 sales guidance despite lower-than-expected bookings and growing concerns over U.S. trade policies Nvidia hit with $5.5bn charge after promising half a trillion US investment - has Trump got what he wanted? The world’s biggest chipmaker and AI leader is set to invest heavily in the States across the coming years These Stocks Are Moving the Most Today: Nvidia, AMD, ASML, United, Travelers, Interactive Brokers, Tesla, J.B. Hunt, and More Nvidia discloses that sales of its H20 chips to China would require a license ‘for the indefinite future’ from the U.S. Department of Commerce, and ASML issues disappointing sales guidance. ASML Warns on Tariff Uncertainty, Logs Weak Orders ASML reported weaker-than-expected orders for its chip-making machines in the first quarter and warned that President Trump’s tariff policies were creating uncertainty for the industry. The Dutch company said Wednesday that while it expects this year and next to be growth years, “recent tariff announcements have increased uncertainty in the macro environment and the situation will remain dynamic for a while.” Shares of ASML traded down 5% on the caution, and contributed to a wider selloff in the global chips sector. Abbott Labs Profit Jumps on Gains in Nutrition, Medical Devices Abbott Labs recorded higher earnings and revenue in the first quarter as strong demand for its nutritional products and medical devices offset weakness in other segments. European Stocks Trim Losses as China Sees Potential for US Talks (Bloomberg) -- European equities pared losses after China said it’s open to trade talks if the Trump administration takes a number of steps and shows more respect. Most Read from BloombergHow Did This Suburb Figure Out Mass Transit?Trump Signs Executive Orders on Federal Purchasing, Office SpaceLA County Floats Leaner Budget Burdened by Fire and Legal CostsThe Stoxx Europe 600 Index was down 0.6% at 12:51 p.m. in London after falling as much as 1.4% earlier. Tech was the biggest laggard after th Abbott Laboratories Stock Slips as First-Quarter Sales Miss Expectations Abbott Laboratories declined slightly in premarket trading Wednesday after the healthcare company posted first-quarter sales that missed Wall Street expectations. Organic sales in the quarter rose 6.9%, or 8.3% excluding sales related to Covid-19 testing. CEO Robert Ford praised the “top-tier sales and EPS growth” in the quarter, saying Abbott’s diversified business model is what allows it to “navigate through periods of uncertainty.” Nvidia Warns $5.5 Billion Charge Amid Trade Restrictions, Driving Premarket Losses for US Equity Futures US equity futures were lower pre-bell Wednesday, with futures of technology-heavy Nasdaq Composite l ASML Stock Drops After Earnings. Sales Guidance Hit by Trump Tariffs Uncertainty. ASML Holding stock was falling after it gave underwhelming sales guidance. The Dutch chip-making equipment company said tariffs have increased uncertainty in its market. ASML has a virtual monopoly on the advanced machines used to manufacture the latest chips. How the U.S.-China Trade War Benefits Applied Materials Stock (AMAT) President Trump’s tariffs have overshadowed Applied Materials (AMAT) stock, stirring up short-term headaches for the semiconductor equipment titan. Despite a recent rebound, shares trade ~30% below their 52-week highs, with the decline somewhat justified. Indeed, higher costs and global trade tensions could dent the company’s near-term prospects. Still, the effort to restore chip manufacturing to U.S. soil promises a lucrative payoff in the long run. Given this narrative and AMAT’s unmatched rol La Rosa Holdings Corp. Reports 119% Year-Over-Year Increase in Revenue to $69.4 Million for Fiscal 2024; Surpassed Initial Revenue Guidance by Approximately $4.4 Million Revenue for the Fourth Quarter of 2024 Increased 55% Year-Over-Year to $17.7 Million Gross Profit Increased 110% Year-Over-Year to $6.0 Million in 2024 CELEBRATION, Fla., April 16, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a real estate and PropTech company, today provided a business update and reported financial results for the year ended December 31, 2024. Key Financial Highlights Total revenue increased 119% year-over-year to $69.4 million fo Market Chatter: Nvidia Didn't Inform Some China Customers About Chip Export Restrictions Nvidia (NVDA) did not inform some of its major customers in China about the new restrictions placed 5 Things to Know Before the Stock Market Opens News of the day for April 16, 2025 China Could Be Willing to Enter Trade Talks, Report Says. Here’s the Latest on Tariffs. Investors now consider a trade war to be the biggest threat to the stock market, according to a Bank of America survey of global fund managers. Performance Overview Trailing total returns as of 4/16/2025, which may include dividends or other distributions. Benchmark is S&P/ASX 200 [XJO] (^AXJO) Return SHN.AX S&P/ASX 200 [XJO] (^AXJO) YTD +12.50% -4.90% 1-Year -55.00% +1.92% 3-Year -76.92% +3.13%