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Why Archer Aviation Stock Plummeted This Week
Shares of Archer Aviation (NYSE: ACHR) fell this week. The company's stock lost 20.7% as of 1:58 p.m. ET on Friday. The loss comes as the S&P 500 (SNPINDEX: ^GSPC) fell 2.1% and the Nasdaq-100 lost 2%.Archer Aviation, which develops electric vertical takeoff and landing (eVTOL) aircraft, was the tar...The Motley Fool
Fri, May 23
CORRECTED-ANALYSIS-Investors see worsening US deficit outlook as tax bill heads to Senate
Investors weigh the potential of tax cuts to spark economic growth against deficit concerns Senate debate may increase price tag of fiscal measures, market participants say Heightened deficit concerns come on heels of Moody's downgradeBy Suzanne McGee May 23 (Reuters) - Investors are fe...Reuters
Fri, May 23
U.S. STOCKS ON THE MOVE-Delcath Systems, Seagate, Perpetua Resources
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes slumped on Friday after U.S. President Donald Trump recommended 50% tariffs on the European Union, while Apple tumbled after he warned it will have to pay tari...Reuters
Fri, May 23
Why Xerox Plunged on Friday
Shares of printer and services giant Xerox (NASDAQ: XRX) plunged 13.7% on Friday as of 1:30 p.m. ET, after the company announced a reduction in its dividend -- the second cut in the span of six months.The dividend cut isn't a great sign of confidence, but a positive, if there is one, is that the cut...The Motley Fool
Fri, May 23
LIVE MARKETS-Gauging the "one big beautiful bill's" potential fiscal effects
Main US indexes red, but off lows; Nasdaq down ~0.7%Tech weakest S&P 500 sector; Utilities lead gainersDollar down ~0.8%; bitcoin off >1%; crude up; gold rises >2%US 10-Year Treasury yield falls to ~4.51%Welcome to the home for real-time coverage of markets brought to you by Reuters report...Reuters
Fri, May 23
Why Quantum Computing Stock Skyrocketed This Week
Shares of Quantum Computing (NASDAQ: QUBT) soared higher this week. The company's stock jumped 7.3% as of 1:09 p.m. ET on Friday, but gained as much as 9.8% earlier in the week. The rise comes as the S&P 500 (SNPINDEX: ^GSPC) lost 2.5% and the Nasdaq-100 lost 2.2%.A string of positive news from othe...The Motley Fool
Fri, May 23
Why Copart Stock Is Plummeting Today
Shares of leading online vehicle auction platform Copart (NASDAQ: CPRT) were down 12% as of noon ET Friday, according to data provided by S&P Global Market Intelligence.Copart reported earnings on Friday and delivered sales and earnings per share growth of 8%. This top-line figure missed analysts' e...The Motley Fool
Fri, May 23
Copper miners gain on weaker US dollar, DRC mine concerns
** Shares of copper miners up, tracking prices of the red metal** Benchmark three-month copper CMCU3 on the London Metal Exchange up 1.2% at $9,617 a metric ton** Copper prices rise to their highest in more than three weeks, buoyed by a weaker U.S. dollar and worries about problems at a big mine in ...Reuters
Fri, May 23
UK stocks slip as Trump reignites tariff worries
FTSE 100 down 0.2%, FTSE 250 down 0.4%Trump recommends 50% tariff on EU importsUK retail sales for April rise more than expectedAJ Bell gains after posting 12% rise in profit May 23 (Reuters) - British equities slipped on Friday, as renewed trade tensions after U.S. President Donald Trump recomm...Reuters
Fri, May 23
JBS minority shareholders approve dual US-Brazil listing
Shares rise after plan was approved but later pared gainsJBS stock to be delisted from Sao Paulo Stock Exchange on June 6Company aims to be part of Russell and S&P 500 indices By Luciana Magalhaes and Ana Mano SAO PAULO, May 23 (Reuters) - Brazilian meatpacker JBS JBSS3.SA on Friday secured s...Reuters
Fri, May 23
US equity funds face weekly outflows on debt concerns, rising yields
May 23 (Reuters) - U.S. equity funds saw huge outflows in the week ended May 21, as Treasury yields surged on fears President Donald Trump’s proposed tax-cut bill could add trillions to U.S. debt if passed by Congress.According to LSEG Lipper data, investors withdrew a net $11 billion from U.S. equi...Reuters
Fri, May 23
European stocks close week lower on Trump's EU, Apple tariff threats
Trump threatens 25% tariff on non-US made iPhonesGerman stocks fall from near record levelsBond yields slip after run-up By Sruthi Shankar, Medha Singh, Ragini Mathur and Purvi Agarwal May 23 (Reuters) - European shares closed sharply lower on Friday after U.S. President Donald Trump ramped up t...Reuters
Fri, May 23
Perpetua Resources submits application to US EXIM for debt financing; shares up
** Shares of mining company Perpetua Resources PPTA.O gain 4% to $13.73** Company says it has submitted a formal application to the U.S. Export-Import (EXIM) Bank, seeking debt financing of up to $2 billion to construct its Idaho antimony and gold Stibnite project** Application for $2 billion is hig...Reuters
Fri, May 23
BREAKINGVIEWS-Telegraph’s $675 mln price tag merits a fact check
By Jennifer Johnson LONDON, May 23 (Reuters Breakingviews) - After what can charitably be described as a protracted sale process, the Telegraph has some good news: it has finally found an owner. The less-good news: that owner is U.S. investor RedBird Capital Partners, part of a joint venture whic...Reuters
Fri, May 23
Why Intuit Stock Was Moving Higher Today
Shares of Intuit (NASDAQ: INTU), the parent of TurboTax, QuickBooks, Credit Karma, and Mailchimp, were moving higher today after the financial technology company reported better-than-expected results in its fiscal third-quarter earnings report.As of 10:42 a.m. ET, the stock was up 9.1% on the news.W...The Motley Fool
Fri, May 23
QUOTES-Reaction to Trump's threat of 50% tariffs on EU goods
LONDON, May 23 (Reuters) - U.S. President Donald Trump threatened once again on Friday to ramp up his trade war, recommending a 50% tariff on European Union goods starting June 1 and warning Apple AAPL.O he may impose a 25% tariff on iPhones manufactured outside the U.S. Here is some reaction to ...Reuters
Fri, May 23
Perpetua submits application for up to $2 billion loan to US EXIM for antimony project
May 23 (Reuters) - Perpetua Resources PPTA.O said on Friday it had submitted a formal application to the U.S. Export-Import Bank for potential debt financing of up to $2 billion to construct its Idaho antimony and gold Stibnite project.The company had received a letter of interest from the EXIM Ban...Reuters
Fri, May 23
Delcath Systems rises after Wainwright PT raise
** Shares of medical device maker Delcath Systems DCTH.O up 2% at $16.43** H.C. Wainwright raises PT on DCTH to $29 from $24** DCTH's intention to enter into a Medicaid National Drug Rebate (NDRA) Agreement "is prudent given that it could not only aid in accessing a larger patient base but a...Reuters
Fri, May 23
LIVE MARKETS-Individual investor bulls and bears crisscross - AAII
Main US indexes red, but off lows; Nasdaq down ~1.1%Tech weakest S&P 500 sector; Utilities up, Staples ~flatEuro STOXX 600 index down ~1%Dollar down ~0.7%; bitcoin down >1.5%; crude up; gold up ~2%US 10-Year Treasury yield falls to ~4.50%Welcome to the home for real-time coverage of markets b...Reuters
Fri, May 23
INSTANT VIEW-Markets fall as Trump recommends 50% tariff on EU, targets Apple
LONDON/NEW YORK, May 23 (Reuters) - U.S. President Donald Trump cranked up his trade threats on Friday, targeting both smartphone giant Apple AAPL.O along with imports from the European Union, roiling global markets.Trump threatened to impose a 25% tariff on Apple for any iPhones sold, but not manuf...Reuters
Fri, May 23
