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Trump says he doesn't want Japan to own US Steel, shares plunge

US Steel (X) shares plunged in extended-hours trading after US President Donald Trump said he doesn't want Japan's Nippon Steel (NPSCY) to take over the company. Trump's comments come just after the White House said it would be revisiting Nippon's acquisition of US Steel. Former US President Joe Biden, Trump's predecessor, had blocked the deal. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

Yahoo Finance Video 8 hours ago

NISTF

NPSCY

X
Reddit’s conversational AI search tool leverages Google Gemini

Reddit Answers, the platform's conversational AI search tool, gets an upgrade through an integration with Google Gemini. This comes over a year after Reddit expanded its partnership with Google Cloud to access its Vertex AI platform to build AI agents. Google and Reddit announced the update on Wednesday, explaining that by incorporating Gemini on Vertex AI, it will help improve search relevance and provide quick answers for users. Reddit Answers has been in beta since December 2024 and allows us

TechCrunch 18 hours ago

RDDT

GOOG
Delta stock pops after earnings beat, 'murky' outlook amid tariff uncertainty

Delta Air Lines delivered a beat on earnings per share while revenues missed analyst expectations as elements from a "slower-growth" Q1 clouded the airline's full-year guidance.

Yahoo Finance 20 hours ago

DAL

AAL

UAL
Constellation Brands (NYSE:STZ) Reports Quarterly Net Loss of US$375 Million

Constellation Brands (NYSE:STZ) reported a challenging fourth quarter with a substantial net loss, contrasting their increase in sales and revenue from the previous year. This occurred as major financial markets, including the Dow and Nasdaq, saw significant rallies, driven by President Trump's tariff pause announcement. Despite these developments, Constellation's stock movement was relatively flat over the past week. These financial results and market trends suggest a complex landscape where...

Simply Wall St. 4 hours ago

STZ
S 500 Soars as Trump Pauses Tariffs on Trading Partners

- President Donald Trump announced a 90-day delay on most tariffs. - The S&P 500 had its best day in years on Wednesday. - The rally followed a steep four-day selloff.

etf.com 5 hours ago

VFFSX

VFIAX

VFINX
Cathie Wood Thinks These Firms Could Emerge Strong From a Recession

The ARK Invest CEO says companies offering innovative solutions—like some of the top holdings in her funds—tend to gain traction in tough times.

Barrons.com 6 hours ago

TSLA

PLTR
Constellation Brands to Divest Cheaper Wine Brands Amid Organizational Review

Alcohol heavyweight Constellation Brands will undergo a review of its organizational structuring that is expected to save the company more than $200 million by 2028.

The Wall Street Journal 8 hours ago

STZ
Compared to Estimates, Constellation Brands (STZ) Q4 Earnings: A Look at Key Metrics

Although the revenue and EPS for Constellation Brands (STZ) give a sense of how its business performed in the quarter ended February 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Zacks 8 hours ago

STZ
Corona beer maker Constellation forecasts annual profit below estimates on tariff hit

Shares of the Corona beer maker fell about 4% in extended trading as it also lowered its medium-term projections for net sales. For the fiscal year 2026, it forecast adjusted profit per share in the range of $12.60 to $12.90, compared with estimates of $13.97, according to data compiled by LSEG. The liquor maker also announced the sale of several of its wine brands such as Cook's and Meiomi to California-based The Wine Group for an undisclosed amount, and said it will review its organizational structuring.

Reuters 8 hours ago

STZ
Constellation Brands (STZ) Surpasses Q4 Earnings and Revenue Estimates

Constellation Brands (STZ) delivered earnings and revenue surprises of 15.35% and 1.53%, respectively, for the quarter ended February 2025. Do the numbers hold clues to what lies ahead for the stock?

Zacks 8 hours ago

STZ
Analyst sends eye-popping message on Palantir stock amid latest tariff

Here’s what could be next for Palantir stock.

TheStreet 9 hours ago

PLTR
Constellation Brands’s (NYSE:STZ) Q1: Beats On Revenue

Beer, wine, and spirits company Constellation Brands (NYSE:STZ) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 1.2% year on year to $2.16 billion. Its non-GAAP profit of $2.63 per share was 15.9% above analysts’ consensus estimates.

StockStory 9 hours ago

STZ
Trump says he does not want to see US Steel go to Japan

WASHINGTON (Reuters) -U.S. President Donald Trump said on Wednesday he does not want U.S. Steel Corp to go to Japan, suggesting he does not support Nippon Steel's $14 billion bid for the American steel producer. The comment appeared to contradict recent actions by the Trump administration. On Monday, Trump directed a national security panel to take a fresh look at Nippon Steel's all-cash bid for U.S. Steel to help determine if "further action" is appropriate, raising hopes the deal could gain an elusive green light.

Reuters 9 hours ago

X
Constellation Brands: Fiscal Q4 Earnings Snapshot

The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.28 per share. The wine, liquor and beer company posted revenue of $2.31 billion in the period. Its adjusted revenue was $2.16 billion, which also topped Street forecasts.

Associated Press Finance 9 hours ago

STZ
Top Analyst Reports for Procter & Gamble, Novo Nordisk & PepsiCo

Today's Research Daily features new research reports on 16 major stocks, including The Procter & Gamble Company (PG), Novo Nordisk A/S (NVO) and PepsiCo, Inc. (PEP), as well as two micro-cap stocks Genie Energy Ltd. (GNE) and Canterbury Park Holding Corporation (CPHC).

Zacks 9 hours ago

NVO

PG

PEP
Venus Concept Announces $1.1 Million Registered Direct Offering of Common Stock Priced At-The-Market Under Nasdaq Rules

TORONTO, April 09, 2025 (GLOBE NEWSWIRE) -- Venus Concept Inc. (“Venus Concept” or the “Company”) (NASDAQ: VERO), a global medical aesthetic technology leader, today announced that it has entered into definitive agreements for the purchase and sale of 328,573 shares of common stock at a purchase price of $3.50 per share in a registered direct offering priced at-the-market under Nasdaq rules. The closing of the offering is expected to occur on or about April 10, 2025, subject to the satisfaction

GlobeNewswire 10 hours ago

VERO
Constellation Brands Reports Fiscal Year and Fourth Quarter 2025 Financial Results and Fiscal Year 2026 to Fiscal Year 2028 Outlook

ROCHESTER, N.Y., April 09, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its fiscal year and fourth quarter 2025 financial results and fiscal year 2026 to fiscal year 2028 outlook. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Chief Financial Officer, Garth Hankinson, on Thursday, April 10, 2025 at 10:30 a.m. ET. Visit ir.cbrands.com t

GlobeNewswire 10 hours ago

STZ
Constellation Brands Repositions Wine and Spirits Business to a Portfolio of Exclusively Higher-Growth, Higher-Margin Brands Aligned to Consumer-Led Premiumization Trends

Signs agreement with The Wine Group to divest1 primarily mainstream wine brands and related facilities from its wine and spirits portfolioRetained portfolio for Constellation includes a collection of award-winning, iconic brands, predominantly priced $15 and above and in growing segments and channels ROCHESTER, N.Y., April 09, 2025 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that it has signed an agreement with The Wine Group to

GlobeNewswire 10 hours ago

STZ
Thrill-Seeking Investors Just Made a Fortune on Triple Leveraged ETFs

When stocks started tanking last week, investors in the biggest leveraged exchange-traded funds doubled down. Investors plowed a net $3.4 billion into the ProShares UltraPro QQQ ETF from Thursday to Tuesday, according to FactSet, including a record high $1.8 billion on Monday alone. The fund seeks to triple the daily performance of the Nasdaq-100 index, up or down.

The Wall Street Journal 10 hours ago

TQQQ

SOXL
Affirm Gets Unexpected Nod from Evercore After Brutal Trading Week

Affirm stock rebounds after Evercore calls it a standout in a tough market due to better risk management

GuruFocus.com 10 hours ago

AFRM

Performance Overview

Return	STEV	S&P 500 (^GSPC)
YTD	+22.73%	-7.22%
1-Year	-3.57%	+4.74%
3-Year	-70.65%	+21.58%

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Related News

Trump says he doesn't want Japan to own US Steel, shares plunge

Reddit’s conversational AI search tool leverages Google Gemini

Delta stock pops after earnings beat, 'murky' outlook amid tariff uncertainty

Constellation Brands (NYSE:STZ) Reports Quarterly Net Loss of US$375 Million

S 500 Soars as Trump Pauses Tariffs on Trading Partners

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Constellation Brands to Divest Cheaper Wine Brands Amid Organizational Review

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Corona beer maker Constellation forecasts annual profit below estimates on tariff hit

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Constellation Brands’s (NYSE:STZ) Q1: Beats On Revenue

Trump says he does not want to see US Steel go to Japan

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Top Analyst Reports for Procter & Gamble, Novo Nordisk & PepsiCo

Venus Concept Announces $1.1 Million Registered Direct Offering of Common Stock Priced At-The-Market Under Nasdaq Rules

Constellation Brands Reports Fiscal Year and Fourth Quarter 2025 Financial Results and Fiscal Year 2026 to Fiscal Year 2028 Outlook

Constellation Brands Repositions Wine and Spirits Business to a Portfolio of Exclusively Higher-Growth, Higher-Margin Brands Aligned to Consumer-Led Premiumization Trends

Thrill-Seeking Investors Just Made a Fortune on Triple Leveraged ETFs

Affirm Gets Unexpected Nod from Evercore After Brutal Trading Week

Performance Overview