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News of the day for April 10, 2025

Non-lethal weapons company Byrna (NASDAQ:BYRN) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 57.3% year on year to $26.19 million. Its GAAP profit of $0.07 per share was in line with analysts’ consensus estimates.

The US stock market, fresh off its third-best day in modern history, is sinking back into reality: Although President Donald Trump paused most of his “reciprocal” tariffs, his other massive import taxes have already inflicted significant damage, and the economy won’t easily recover from the fallout.

European and Asian stocks rocketed higher on Thursday after Donald Trump paused his “reciprocal” tariffs, but Wall Street and its international rivals could still have a long way to fall.

CarMax shares fell sharply Thursday after the used-car retailer's fiscal fourth-quarter profit and used-vehicle sales came in below analysts' expectations.

Furniture company Lovesac (NASDAQ:LOVE) reported Q4 CY2024 results beating Wall Street’s revenue expectations, but sales fell by 3.6% year on year to $241.5 million. The company expects next quarter’s revenue to be around $139 million, close to analysts’ estimates. Its GAAP profit of $2.13 per share was 13.7% above analysts’ consensus estimates.

Used automotive vehicle retailer Carmax (NYSE:KMX) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 6.7% year on year to $6.00 billion. Its GAAP profit of $0.58 per share was 11.9% below analysts’ consensus estimates.

The head of the Bank of France says America's USP of 'constancy' is at risk from Trump's erratic trade decisions.

Overseas stock indexes are rallying after President Donald Trump said he would pause "reciprocal" tariffs for 90 days for all trading partners except China. U.S. stock futures are pulling back after soaring yesterday on the news.

The White House claimed the "art" of Trump's deal hadn't been appreciated by media and the markets.