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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
LIVE MARKETS-Semis vs Software: Who will triumph in this techno-thriller?
Nasdaq gains, S&P 500 slips, Dow declinesUitlities weakest S&P sector; Comm Svcs leads gainersEuro STOXX 600 index ~flatDollar down; crude off; gold up; bitcoin touches new highU.S. 10-Year Treasury yield rises to ~4.54%Welcome to the home for real-time coverage of markets brought to you by ...Reuters
Wed, May 21
Cool Company Q1 Revenue Hits $85.5 Million
Cool Company Ltd. (NYSE:CLCO) reported Q1 2025 results on May 21, 2025, highlighted by stable fleet employment, robust contracted backlog, and disciplined execution despite continued spot market weakness. Revenues marginally increased versus Q4 2024, offset by temporary voyage and repositioning cost...The Motley Fool
Wed, May 21
U.S. STOCKS ON THE MOVE-CFSB Bancorp, B Riley, Dycom Industries
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes slipped and government bond yields rose on Wednesday, as investors closely watched a pivotal debate over U.S. President Donald Trump's tax-cut bill that ha...Reuters
Wed, May 21
AM Best downgrades Nodak credit rating over volatile results
By David BullMay 21 - (The Insurer) - AM Best has downgraded the long-term issuer credit ratings of the members of Nodak Insurance Group from “a-plus” to “a” and affirmed the carrier’s A financial ratings reflecting the volatility of its operating results over the most recent five-year period.In a s...Reuters
Wed, May 21
EMERGING MARKETS-Latin American assets slip amid mounting concerns about US debt
LATAM FX flat, stocks down 0.5%Mexico retail sales rise in MarchChile's markets were closed for Navy DayBy Nikhil Sharma May 21 (Reuters) - Most Latin American assets fell on Wednesday, pressured by concerns over the growing U.S. fiscal debt, while a lack of any new developments on U.S. trade...Reuters
Wed, May 21
Alphabet rises as Wall Street cheers AI efforts at annual developer event
** Shares of Google-parent Alphabet GOOGL.O climb ~5% to $172.15 ** Google touted a flurry of AI developments at its annual I/O developer event on Tuesday** Company expands 'AI Mode' to all U.S. users, announces a $249.99-a-month subscription that would provide users with higher limits on AI...Reuters
Wed, May 21
Why Palo Alto Networks Dropped After Earnings Beat
Palo Alto Networks (NASDAQ: PANW) stock tumbled 6.6% through 11 a.m. ET Wednesday despite beating analyst expectations for fiscal Q3 2025 earnings last night.Heading into the report, Wall Street analysts forecast Palo Alto to earn $0.77 per share, adjusted for one-time items, on sales of just under ...The Motley Fool
Wed, May 21
US crude, fuel stocks up as crude imports rise, product demand slips, EIA says
By Georgina McCartney and Nicole JaoHOUSTON, May 21 (Reuters) - U.S. crude and fuel inventories posted surprise stock builds last week, the Energy Information Administration said on Wednesday, as crude imports hit a six-week high and gasoline, distillate demand slipped.Crude inventories rose by 1.3 ...Reuters
Wed, May 21
Why L3Harris Stock Inched Higher on Wednesday
Defense stock L3Harris Technologies (NYSE: LHX) is getting some positive attention on Wall Street today, after President Trump announced plans yesterday to spend $175 billion to build a Golden Dome missile shield over the United States. Shares of the defense contractor surged nearly 5% at the open,...The Motley Fool
Wed, May 21
2 No-Brainer Warren Buffett Stocks to Buy Right Now
Warren Buffett's Berkshire Hathaway has been a wealth-building machine for shareholders. His investing skills ultimately delivered a cumulative return on the stock of over 5,500,000% over the last 60 years.Even as Buffett prepares to hand over the reins to long-time lieutenant Greg Abel, along with ...The Motley Fool
Wed, May 21
