Search
News
Important Only
Iran war could affect stability of Swiss power supply, authorities say
May 7 (Reuters) - The war in Iran has created uncertainty regarding the availability of gas for the coming winter, the Swiss Federal Electricity Commission said on Thursday.In an extreme scenario, this could also affect the stability of the European and Swiss electricity supply, it said.Reuters
Thu, May 7
Warby Parker Q1 revenue beats estimates on customer growth
OverviewU.S. eyewear retailer's Q1 revenue rose 8.3%, beating analyst expectationsNet income for Q1 fell slightly year-over-year to $3.2 mlnGross margin declined to 54% due to higher fixed and supply chain costsOutlookWarby Parker sees 2026 net revenue of $959-$976 mln, about 10%-12% growth vs 2...Reuters
Thu, May 7
Marine Products Q1 revenue rises on higher pricing
OverviewU.S. fiberglass boat maker's Q1 revenue rose 13% yr/yr on higher prices and mixAdjusted EPS was $0.05; net loss driven by $5 mln in merger-related costsGross margin fell to 16.6% due to higher labor and overhead costsOutlookCompany did not provide specific financial guidance or outlook f...Reuters
Thu, May 7
Pipeline operator Targa forecasts core profit above estimates on boost in gas volumes
May 7 (Reuters) - Pipeline operator Targa Resources TRGP.N forecast current-year adjusted core profit above analysts' expectations on Thursday, helped by higher transport volumes of natural gas liquids through its system.U.S. natural gas futures NGc1 averaged $9.54 per million British Thermal Un...Reuters
Thu, May 7
GRAINS-Grains track crude lower on hopes of Mideast truce, wheat pressured by US rain forecast
Hopes of U.S.-Iran deal weigh on farm productsForecasts of rains in key U.S. wheat areas adding pressureBy Sybille de La Hamaide and Naveen Thukral PARIS/SINGAPORE, May 7 (Reuters) - Chicago grain futures fell on Thursday, in line with a sharp fall in crude prices, on hopes of a poten...Reuters
Thu, May 7
Cheniere Energy posts first-quarter loss
May 7 (Reuters) - Cheniere Energy LNG.N swung to a loss in the first quarter from year-ago profit on Thursday, hurt by billions of dollars in losses tied to LNG-linked derivative contracts as geopolitical tensions and volatile global gas prices rattled energy markets.The Houston, Texas-based company...Reuters
Thu, May 7
Primo Brands Q1 sales beat estimates on retail performance
OverviewUS beverage company's Q1 net sales rose 0.8%, beating analyst expectationsAdjusted EPS for Q1 missed analyst expectationsCompany repurchased $29 mln in shares during the quarterOutlookPrimo Brands raises 2026 organic net sales growth outlook to 1%-3% from 0%-1%Company widens 2026 adjuste...Reuters
Thu, May 7
REFILE-India's Westlife Foodworld posts quarterly profit rise on demand recovery
May 7 (Reuters) - Westlife Foodworld WEST.NS, which operates McDonald's MCD.N restaurants in west and south India, reported a 56% rise in fourth-quarter profit on Thursday on steady demand for discounted meals.The company's consolidated net profit rose to 23.8 million Indian rupees ($252,513...Reuters
Thu, May 7
Maersk CEO Says Reopening Of The Red Sea Would Help Lower Fuel Costs
May 7 (Reuters) - AP Moeller - Maersk A/S MAERSKb.CO:MAERSK CEO: WE FORESEE SOFTER GROWTH IN THE SECOND HALF OF THE YEAR, BUT IT DEPENDS ON HOW THE MIDDLE EAST CONFLICT EVOLVESMAERSK CEO: REOPENING THE RED SEA WOULD HELP LOWER FUEL COSTSFurther company coverage: [MAERSKb.CO]Reuters
Thu, May 7
RPT-ROI-Shrinking US fuel stocks leave Trump exposed: Bousso
By Ron Bousso LONDON, May 7 (Reuters) - U.S. fuel markets are flashing warning signs. President Donald Trump has repeatedly argued that gasoline prices will “drop like a rock” once the Iran conflict ends. Yet the sharp and persistent drawdowns in U.S. stocks of crude, gasoline and diesel in r...Reuters
Thu, May 7
RPT-Oil supply shock to worsen as inventories fall further even if conflict ends
Oil inventories and emergency reserves rapidly depleting, raising risk of supply shortagesExecutives warn full impact of Strait of Hormuz closure not yet felt, citing lag effectsAnalysts expect higher prices and volatility as seasonal demand rises and buffers fadeBy Stephanie Kelly and Seher Dareen ...Reuters
Thu, May 7
First Chinese product tanker attacked on Monday near the Strait of Hormuz, Caixin reports
BEIJING, May 7 (Reuters) - A large refined-products tanker owned by a Chinese shipowner was attacked off the UAE's Al Jeer Port on May 4, at the entrance to the Strait of Hormuz, Chinese media Caixin reported on Thursday.The vessel's deck caught fire and the ship was marked "CHINA OWNER ...Reuters
Thu, May 7
METALS-Copper holds steady, supported by US-Iran peace proposal
By Pratima DesaiMay 7 (Reuters) - Copper prices held steady on Thursday as sentiment was supported by hopes for easing tensions between the United States and Iran, a softer dollar and signs of strong demand in top consumer China, traders said.Benchmark copper CMCU3 on the London Metal Exchange was l...Reuters
Thu, May 7
Antofagasta Sees Heightened Level Of Uncertainty In Respect Of Macro-Economic Environment
May 7 (Reuters) - Antofagasta PLC ANTO.L:ANTOFAGASTA PLC - CHAIRMAN'S COMMENTS AT 2026 ANNUAL GENERAL MEETINGANTOFAGASTA: IN RESPECT OF MACRO-ECONOMIC ENVIRONMENT, WE ARE SEEING A HEIGHTENED LEVEL OF UNCERTAINTYReuters
Thu, May 7
Edison first-quarter profit hit as Iran war disrupts Qatar LNG supplies
Edison EBIT halved due to Qatar LNG supply disruptionsQatarEnergy force majeure led to unwinding of commodity hedgesEdison expects 2026 core earnings at low end of guidanceBy Francesca Landini MILAN, May 7 (Reuters) - Italian energy company Edison EDNn.MI trimmed its full-year guidance on Thursda...Reuters
Thu, May 7
TECHNICALS-New York coffee may test support at $2.8185
For more technical analyses, please click SINGAPORE, May 7 (Reuters) - New York July coffee KCN6 may test support at $2.8185 per lb, a break below which could open the way toward the $2.7575 to $2.7820 range.A wave c from $2.9720 travels close to its 61.8% projection level of $2.8185 again, which is...Reuters
Thu, May 7
Japan, UAE agree to hold talks on expanded oil supply and joint stockpiles
By Yuka Obayashi TOKYO, May 7 (Reuters) - Tokyo agreed with the United Arab Emirates in ministerial talks this week to advance discussions on energy cooperation, such as expanding joint crude oil stockpiles in Japan and increasing UAE crude supplies, Japan's industry ministry said on Thursday...Reuters
Thu, May 7
WTI Oil dips to levels approaching $90.00 amid Hormuz opening rumours
Crude Oil prices extend losses for the third consecutive day on Thursday, with the US benchmark West Texas Intermediate (WTI) trading at $90.66 at the time of writing, as progress in the US-Iran peace talks has sparked speculation about the reopening of the Strait of Hormuz.
Fxstreet
Thu, May 7
Featured Tools
Top News
Cerebras Systems IPO 2026: Date, Price, Valuation, and Whether CBRS Is Worth Buying
April 2026 CPI Preview: Will Hot Inflation Crush Nasdaq, S&P 500 & NVDA? Explosive Market Reaction Guide
Copper Prices Near All-Time Highs. Citi: If Strait of Hormuz Is Unblocked, Price Will Rise to $15,000 by Year-End
SK Hynix Surges 15% to New High: HBM Shortage Until 2028, How Much Longer Can AI Memory King Rise?
PPI Report April 2026: How Inflation Data Is Moving HIMS, CEG, and PLUG Stock Today
Market Movers
Tradingkey
