News
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Fannie, Freddie OTC shares climb as Trump prepares to take firms public
May 28 (Reuters) - Over-the-counter (OTC) shares of Fannie Mae FNMA.PK and Freddie Mac FMCC.PK jumped in premarket trading on Wednesday after U.S. President Donald Trump said he was working on taking the housing giants public in a post on Truth Social. "I am working on TAKING THESE AMAZING COMPA...Reuters
Wed, May 28
Boston Scientific falls after discontinuing heart device, FDA approval pursuit
** Shares of medical device maker Boston Scientific BSX.N fall 2% to $103 premarket** BSX says it is discontinuing worldwide sales of its experimental heart device and will no longer seek US FDA approval in the country or other regions** Co says the decision was made due to increased regulatory requ...Reuters
Wed, May 28
GLOBAL MARKETS-Shares edge lower, long-end yields rise after soft Japanese auction
Shares dip after recent jump Nvidia results in focus40-year Japanese government bond auction sees tepid demandDollar inches higherBy Samuel Indyk and Rocky Swift LONDON, May 28 (Reuters) - European shares were a touch softer on Wednesday after Tuesday's advance, while the dollar was supported...Reuters
Wed, May 28
Brokerages raise PT on AutoZone after Q3 sales beat
** Brokerages raise their PT on AutoZone Inc AZO.N after auto parts retailer on Tuesday beat Wall Street estimates for Q3 sales** Guggenheim says Q3 was mixed, yet constructive as domestic commercial growth continues to gain momentum** BMO says hub and mega hub ramp up continues to grow faster as co...Reuters
Wed, May 28
LIVE MARKETS-Have reduced bets on BoE cuts gone too far?
STOXX 600 down 0.3%Defence stocks rise, drugmakers fallNvidia results awaitedWall Street futures higherWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comHAVE REDUCED BETS ON BOE CUTS GO...Reuters
Wed, May 28
BREAKINGVIEWS-New Stellantis CEO reflects carmakers’ grey skies
By Neil Unmack LONDON, May 28 (Reuters Breakingviews) - Companies facing adversity often look outside for leadership. That’s occasionally been the case for the car sector, where some of the most iconic bosses were by no means industry veterans. Think of Fiat Chrysler Automobiles’ old CEO Sergio M...Reuters
Wed, May 28
Abercrombie & Fitch surges after Q1 results beat
** Apparel maker Abercrombie & Fitch ANF.N up 26% at $97.18 premarket** Co tops estimates for Q1 sales and profit helped by resilient demand for its jeans and dresses** Q1 net sales of $1.10 bln beat estimates of 1.07 bln, while adjusted EPS of $1.59 also tops estimates - LSEG** Co also expects ...Reuters
Wed, May 28
POLL-With Trump tariff jitters, S&P 500 to finish year nearly even with 2024
reuters://realtime/verb=Open/url=cpurl://apps.cp./cms/?pageId=stock-index-poll poll dataBy Caroline Valetkevitch NEW YORK, May 28 (Reuters) - The S&P 500 will finish the year near current levels, according to a Reuters poll, after many strategists in recent months cut their 2025 forecast for ...Reuters
Wed, May 28
Could Investing $1,000 in This Warren Buffett Dividend Stock Make You a Millionaire One Day?
Warren Buffett's incredible track record allocating capital for Berkshire Hathaway makes him a legend. For the average investor, following the conglomerate's portfolio to find potential ideas is a smart use of time.In Berkshire's massive $277 billion portfolio, one well-known consumer brand is curre...The Motley Fool
Wed, May 28
Spero soars as UTI drug trial with partner GSK stops after early success
** Shares of drug developer Spero Therapeutics SPRO.O jumps 241.6% to $2.33 premarket ** Co and partner GSK GSK.L to stop trial of experimental urinary tract drug tebipenem HBr due to early success after it met the main goal of a late-stage study ** The decision comes after a recommendation from an ...Reuters
Wed, May 28
Where Will XRP (Ripple) Be in 5 Years?
There is a lot you could do with $6,500 -- put a down payment on a new car, buy a top-of-the-line gaming laptop, or even take an extended vacation somewhere warm and sunny. But if you used that cash to buy XRP (CRYPTO: XRP) in 2015, you would have a jaw-dropping $1,000,000 today. That's enough to st...The Motley Fool
Wed, May 28
Is Nvidia a Millionaire-Maker Stock?
Over the last few decades, the American technology sector has made boatloads of millionaires -- not only for founders and CEOs, but also for the thousands of regular people who work at these companies or buy their stock. With shares up by over 23,000% over the last decade, Nvidia (NASDAQ: NVDA) is t...The Motley Fool
Wed, May 28
U.S. STOCKS ON THE MOVE-Veru, GameStop, Azul
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures were subdued on Wednesday after a sharp rally in the previous session, when cooling tariff tensions buoyed sentiment, as investors awaited AI bellwether Nvidia's...Reuters
Wed, May 28
Solar Alliance Energy Announces Appointment Of New CFO
May 28 (Reuters) - Solar Alliance Energy Inc SOLR.V:SOLAR ALLIANCE ENERGY, INC. ANNOUNCES APPOINTMENT OF NEW CFOSOLAR ALLIANCE ENERGY INC - APPOINTS JAWAD CHUGTAI AS CFOSOLAR ALLIANCE ENERGY INC - CHRISTINA WU RESIGNS AS CFO OF SOLAR ALLIANCESOLAR ALLIANCE ENERGY - WORKING WITH THE TSX VENTURE EXCHA...Reuters
Wed, May 28
CenterPoint Energy drops after $800 mln equity offering
** Shares of utility CenterPoint Energy CNP.N down 2.2% before the bell at $36.90 after follow-on priced with forward sale component ** Houston, Texas-based CenterPoint late Tues announced ~21.6 mln shares at $37 for total deal size of $800 mln ** Offering price represents 1.9% disc...Reuters
Wed, May 28
Analysts Are Saying TJX Companies Is a Buy Despite Lackluster Quarterly Earnings. Are They Right?
TJX Companies (NYSE: TJX), the retail conglomerate that owns TJ Maxx and Marshall's, didn't wow the market with its most recent quarterly performance. In mid-May it published first-quarter of its fiscal 2026 results that disappointed investors, who traded out of the company's stock mainly due to wea...The Motley Fool
Wed, May 28
GameStop rises after it announces purchase of Bitcoin
** Gamestop GME.N shares rise 4.5% to $36.57 in premarket trading** The company says will purchase 4,710 Bitcoin** Bitcoin BTC= world's largest cryptocurrency was trading down 0.7% at $108,903 on Wednesday.** Up to last close, stock had risen 11.7% YTDReuters
Wed, May 28
Veru rises as combo drug shows fewer side effects than semaglutide alone in trial
** Shares of weight-loss drug developer of Veru VERU.O rise 46% to 74 cents premarket** VERU says combination of its experimental drug, enobosarm, and semaglutide resulted in fewer gastrointestinal side effects such as diarrhea and nausea in mid-stage trial, compared with semaglutide alone** Combo d...Reuters
Wed, May 28
1 Top Cryptocurrency to Buy Before It Soars 9,105%, According to MicroStrategy's Co-Founder Michael Saylor
With Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, now having recently surpassed $111,000, few investors have done better than MicroStrategy's co-founder Michael Saylor. Saylor made a big bet on Bitcoin in 2020, investing most of the company's remaining capital in Bitcoin, and has been ...The Motley Fool
Wed, May 28
US STOCKS-US stock futures muted after sharp rally, focus on Nvidia earnings
Futures: Dow flat, S&P 500 up 0.07%, Nasdaq up 0.18%Nvidia results due after markets closeAzul falls on bankruptcy filingBy Shashwat Chauhan and Kanchana Chakravarty May 28 (Reuters) - U.S. stock index futures were subdued on Wednesday after a sharp rally in the previous session, when cooling...Reuters
Wed, May 28
