Investor News for Wednesday, 16 April 2025

​On April 16, 2025, the stock market experienced modest declines amid escalating trade tensions and new U.S. export controls on advanced AI-related computer chips.​Reuters+3AP News+3The Guardian+3

Market Index Movements:

  • S&P 500: Declined by 0.2%.​Reuters
  • Nasdaq Composite: Decreased by 0.1%.​
  • Dow Jones Industrial Average: Dropped by 0.4%.​

These movements reflect investor concerns over the potential impact of recent trade developments.​

Notable Stock Movements:

  • NVIDIA (NVDA): Shares fell approximately 6.5% after the company announced it expects first-quarter results to include up to $5.5 billion in charges related to new U.S. government licensing requirements for exports to China and certain other countries.
  • Advanced Micro Devices (AMD): Experienced a decline of about 6.8%, influenced by the same export restrictions affecting the semiconductor industry. ​AP News
  • Bunzl: The UK-based business supplies distributor saw its shares plummet by 23.1% after cutting its 2025 forecast and suspending its share buyback program, marking its worst trading day ever. ​Reuters

Financial Sector

  • U.S. Bancorp (USB): Reported earnings of $1.03 per share, surpassing estimates of $0.99. Revenue came in at $6.96 billion, slightly below the expected $6.98 billion. ​Nasdaq
  • First Horizon Corporation (FHN): Announced strong first-quarter results, continuing its positive momentum. ​PR Newswire
  • Citizens Financial Group (CFG): Expected to report earnings of $0.75 per share on revenue of $1.94 billion. ​Nasdaq
  • Bank OZK (OZK): Projected earnings of $1.41 per share on revenue of $403.2 million. ​Nasdaq

Technology & Industrials

  • ASML Holding (ASML): Shares declined over 4% after reporting weaker-than-expected Q1 net bookings and a subdued sales outlook for Q2, citing macroeconomic uncertainties exacerbated by tariffs. ​Investopedia
  • Prologis (PLD): Reported first-quarter results, highlighting strong execution amid uncertainty. ​Prologis

Healthcare

  • Abbott Laboratories (ABT): Reported first-quarter results and reaffirmed full-year guidance, projecting full-year 2025 adjusted diluted earnings per share of $5.05 to $5.25. ​Abbott Mediaroom

Transportation

  • CSX Corporation (CSX): Expected to report earnings of $0.37 per share on revenue of $3.46 billion. ​Nasdaq

Consumer & Retail

  • Metro Inc. (MRU.TO): Reported second-quarter fiscal 2025 results, with earnings of C$1.02 per share.

These developments underscore the market’s sensitivity to international trade policies and their direct impact on key industries.​

Comments, Complaints, and Asides welcome