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LIVE MARKETS-Kenvue's not-so-smooth sailing course could change, Canaccord Genuity says
Main US indexes turn negative; Dow slides >1.5%Healthcare weakest S&P sector; Comm Svcs sole gainerDollar down; crude dips; gold, bitcoin riseU.S. 10-Year Treasury yield jumps to ~4.58%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share you...Reuters
Wed, May 21
Evolv Technologies Holdings Inc reports results for the quarter ended March 31 - Earnings Summary
Evolv Technologies Holdings Inc EVLV.OQ reported a quarterly adjusted loss of 2 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -9 cents. The mean expectation of four analysts for the quarter was for a loss of 4 cents per sh...Reuters
Wed, May 21
Why CoreWeave Rallied Big Yet Again Today
Shares of artificial intelligence (AI) "neocloud" CoreWeave (NASDAQ: CRWV) rocketed higher another 19.2% on Monday as of 12:26 p.m. ET.The big move follows a big jump last Friday, two days after CoreWeave reported impressive first-quarter results, and Nvidia disclosed that it had increased its stake...The Motley Fool
Wed, May 21
Southern Company falls after upsized $1.45 billion convertible bonds offering
** Shares of energy provider Southern Company SO.N fall as much as 1.1%; last down 0.8% at $90.06** Southern Company late on Tuesday announced pricing of its offering of $1.45 billion convertible bonds due 2028** Offering upsized from initial size of $1.25 billion convertible bonds** Initial convers...Reuters
Wed, May 21
Copper miners gain on softer dollar, US debt concerns
** Shares of copper miners up, tracking prices of the red metal** Benchmark three-month copper CMCU3 on the London Metal Exchange up 0.1% at $9,528 a metric ton at 1615 GMT (12:15 p.m. ET)** Copper prices edged higher as investors spooked by growing U.S. debt levels looked for hard assets as the dol...Reuters
Wed, May 21
LIVE MARKETS-Is the transportation canary singing a song about recession?
Nasdaq gains, S&P 500 slips, Dow declinesHealthcare weakest S&P sector; Comm Svcs leads gainersDollar down; crude slips; gold up; bitcoin rises >2%U.S. 10-Year Treasury yield rises to ~4.54%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can ...Reuters
Wed, May 21
Cipher Mining declines following $150 million convertible bonds offering
** Shares of bitcoin miner Cipher Mining CIFR.O fall as much as 11.6%; last down 5.2% at $3.59** CIFR announced late on Tuesday that it had priced its public offering of $150 million of five-year convertible bonds ** Proceeds will be use to complete phase-1 of its Black Pearl data center project and...Reuters
Wed, May 21
GLOBAL MARKETS-Stocks mixed, dollar dips; Trump tax bill adds to US fiscal concerns
U.S. stocks mixed in early trading; S&P 500 down slightlyTax-cut bill fuels further federal deficit concernsJapanese bonds in focus after steep selloff on TuesdayInvestors concerned about report of Israel preparing strike on Iran By Caroline Valetkevitch, Lawrence White NEW YORK/LONDON, May 2...Reuters
Wed, May 21
James Hardie Delivers Strong Q4 Results
James Hardie Industries (NYSE:JHX) reported fourth quarter and full-year results for fiscal 2025 on May 20, posting $2.9 billion in North America sales, a $1 billion EBITDA, and a 35% EBITDA margin. Management reaffirmed the company's material conversion strategy, highlighted the transformative Azek...The Motley Fool
Wed, May 21
US STOCKS-S&P 500 dips, debt concerns in focus as Trump's tax bill faces overnight test
Indexes: Dow down 0.78%, S&P 500 down 0.17%, Nasdaq up 0.36%Wolfspeed plunges after reports of potential bankruptcyTarget falls after cutting annual sales forecastUnitedHealth drops after report on secret payments, HSBC downgradeBitcoin hits fresh all-time highBy Shashwat Chauhan and Kanchana Ch...Reuters
Wed, May 21
Target cuts annual forecasts as tariff pressure mounts, demand slows further
Target expects low-single digit fall in full-year sales from about 1% growth earlierQuarterly same-store sales tumble 3.8%, worse than expectedDEI rollback impacted quarterly performance - CEOCEO says pricing will depend on sourcing products in US, reducing China exposureAdjusted Q1 earnings $1.30/s...Reuters
Wed, May 21
Why Alphabet Stock Is Leading the Market Today
Shares of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) have finally come to life on Wednesday after the company's I/O presentation yesterday. Alphabet announced numerous new AI products and advances that show Google is leading in artificial intelligence (AI), not falling behind. After years of worrying a...The Motley Fool
Wed, May 21
Why QXO Stock Is Down Today
QXO (NYSE: QXO) is restocking its war chest, but that comes with a near-term hit to existing holders.Shares of QXO traded down 10% as of 11 a.m. ET after the building products distribution company launched a new stock and convertible offering.Where to invest $1,000 right now? Our analyst team just r...The Motley Fool
Wed, May 21
European stocks ease from 2-month highs as retailers, luxury stocks weigh
Julis Baer reveals writedown, shares drop JD Sports falls, warns US tariffs could hit pricesUK inflation rises more than forecast in April By Sruthi Shankar, Ragini Mathur and Purvi Agarwal May 21 (Reuters) - European stocks were little changed on Wednesday as gains in broader stocks outweighed d...Reuters
Wed, May 21
Lowe's Pro Sales Rise as Outlook Holds
Lowe's Companies (NYSE:LOW) delivered Q1 2025 results on May 21, 2025, posting sales in line with guidance amid challenging DIY spending and adverse weather effects. Key highlights include resilient Pro segment growth, strengthened online sales ( 6%), gross margin expanded by 19 basis points, and an...The Motley Fool
Wed, May 21
CXApp Inc reports results for the quarter ended March 31 - Earnings Summary
CXApp Inc CXAI.OQ reported a quarterly adjusted loss of 8 cents per share for the quarter ended March 31. The lone analyst forecast for the quarter was for a loss of 24 cents per share. Revenue fell 32.7% to $1.22 million from a year ago; analysts expected $1.70 million. CXApp Inc's reported ...Reuters
Wed, May 21
