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Convenience store owner Yesway raises $280 million in US IPO

Convenience store owner Yesway raises $280 million in US IPO

April 21 (Reuters) - Convenience store owner Yesway said on Tuesday it had raised $280 million in its U.S. initial public offering.    The Fort Worth, Texas-based company sold 14 million shares in its offering at $20 apiece, at the lower end of its marketed range of $20 to $23 per share.
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Stocks gain, dollar wobbles as Trump extends Iran ceasefire

Stocks gain, dollar wobbles as Trump extends Iran ceasefire

SINGAPORE, April 22 (Reuters) - U.S. stock futures rose and the dollar wavered on Wednesday after President Donald Trump said he would indefinitely extend the Iran ceasefire keeping sentiment buoyed although with the Strait of Hormuz still closed oil held onto its recent gains.
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AI chipmaker Forge Nano to list via $1.6 billion SPAC deal

AI chipmaker Forge Nano to list via $1.6 billion SPAC deal

April 21 (Reuters) - Forge Nano, a U.S.-based semiconductor equipment and advanced materials company, plans to go public through a $1.6 billion blank-check deal with Archimedes Tech SPAC Partners II , the companies announced on Tuesday.
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US stock futures climb as AI optimism tempers Middle East concerns

US stock futures climb as AI optimism tempers Middle East concerns

April 21 (Reuters) - U.S. stock index futures rose on Tuesday as renewed artificial intelligence optimism bolstered markets battered by repeated back-and-forth linked to headlines about the Middle East conflict. J.P.
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U.S. Stock Market Experiences Volatility Amid Iran Cease-Fire Deadline

U.S. Stock Market Experiences Volatility Amid Iran Cease-Fire Deadline

U.S. Stock Market Experiences Volatility Amid Iran Cease-Fire Deadline
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3M beats quarterly profit estimates as cost-control push swells margins

3M beats quarterly profit estimates as cost-control push swells margins

April 21 (Reuters) - Industrial giant 3M posted a rise in first-quarter profit on Tuesday, as cost-control measures helped offset inflationary and tariff-linked pressures in an uncertain economic environment.
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Musk bought $1.4 billion SpaceX shares last year, The Information reports

Musk bought $1.4 billion SpaceX shares last year, The Information reports

April 21 (Reuters) - Elon Musk increased his stake in SpaceX last year by purchasing $1.4 billion worth of stock from current and former employees, The Information reported on Tuesday. 
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Best Buy taps insider Bonfig to succeed veteran Barry as CEO

Best Buy taps insider Bonfig to succeed veteran Barry as CEO

By Savyata Mishra and Juveria Tabassum April 22 (Reuters) - Best Buy on Wednesday named insider Jason Bonfig as CEO, replacing longtime executive Corie Barry, in a leadership change that comes as the U.S. retailer grapples with weak consumer demand and tariff‑related supply‑chain pressures.
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European shares set to open lower as hopes for US-Iran peace fade

European shares set to open lower as hopes for US-Iran peace fade

April 20 (Reuters) - Futures tracking Europe's main stock indexes fell more than 1% on Monday, as hopes for peace in the Middle East ebbed with tensions reigniting after Washington seized an Iranian cargo ship that tried to run its blockade and Tehran vowed to retaliate.
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Oil prices rise and US stocks give back a bit of their record-breaking rally

Oil prices rise and US stocks give back a bit of their record-breaking rally

Oil prices are climbing following the latest rise of U.S.-Iran tensions, but the moves are more modest than they were earlier in the war
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US stock futures fall after rally as Mideast tensions flare

US stock futures fall after rally as Mideast tensions flare

April 20 (Reuters) - U.S. stock index futures inched lower on Monday after a record rally on Wall Street last week as dimming prospects of an end to the Iran conflict prompted investors to curb their risk appetite.
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TopBuild shares jump after $17 billion QXO deal

TopBuild shares jump after $17 billion QXO deal

April 20 (Reuters) - Shares of U.S. building products distributor and installer TopBuild jumped nearly 20% in premarket trading on Monday, a day after the company agreed to be acquired by construction supplies distributor QXO in a $17 billion deal amid industry-wide consolidation.