News
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Hewlett Packard Enterprise rises as Evercore turns bullish
** Hewlett Packard Enterprise's HPE.N shares up 1.4% at $17.71 early Tues after Evercore upgrades AI server maker to 'outperform' from 'in line'** Brokerage hikes PT by $5 to $22, or 26% above stock's last close** Evercore analyst team led by Amit Daryanani says current risk/...Reuters
Tue, May 20
Archer Aviation falls after Culper Research says short on co
** Shares of air-taxi maker Archer Aviation ACHR.N fall 2% to $11 in morning trade after short-seller Culper Research says it is short on ACHR** Says over the past 12 months, co has "systematically misled, deceived, or outright lied to investors about virtually every supposed milestone related t...Reuters
Tue, May 20
Jefferies upgrades Air Canada to 'hold', hikes PT
** Jefferies upgrades Air Canada's AC.TO rating to 'hold' from 'underperform', raises PT to C$18 from C$12** New PT a downside of 4% to the stock's last close** Shares marginally down at C$18.70 in choppy morning trade** Says co avoided macro uncertainty in Q1, and capacity a...Reuters
Tue, May 20
D-Wave Quantum jumps on sixth-generation quantum computer launch
** Shares of D-Wave Quantum QBTS.N jump almost 21.2% to all-time high of $16** Co announces sixth-generation quantum computer release, says it's D-Wave's most advanced quantum processor till date** New system helpful for real-world use cases in areas including optimization, materials simulta...Reuters
Tue, May 20
CORRECTED-BREAKINGVIEWS-Drahi’s French exit may require local carve-up
By Jennifer JohnsonLONDON, May 20 (Reuters Breakingviews) - Patrick Drahi’s French telco sale may not be straightforward. On Monday, Bloomberg reported that the Moroccan-born billionaire is looking for suitors for a controlling stake in telecoms operator SFR. But the pool of eligible bidders is rel...Reuters
Tue, May 20
Prediction: This Will Be The First Major Stock Purchase by Berkshire Hathaway in the Post-Buffett Era
Besides news about tariffs, one of the bigger storylines in the financial world as of late has to do with Warren Buffett stepping down as CEO of Berkshire Hathaway at the end of the year.While his resignation came as a shocker for most, tapping Greg Abel as his successor wasn't much of a surprise. S...The Motley Fool
Tue, May 20
LIVE MARKETS-And then it was Tuesday: Stocks shuffle lower
Main US indexes red; Nasdaq, off ~0.5%, down mostTech down most among S&P sectors; Utilities lead gainersEuro STOXX 600 index up ~0.8%Dollar dips; crude, bitcoin both down about 1%; gold gainsUS 10-Year Treasury yield rises to ~4.52%Welcome to the home for real-time coverage of markets brought t...Reuters
Tue, May 20
Victoria's Secret adopts 'poison pill' after Australian billionaire's firm raises stake
May 20 (Reuters) - Victoria's Secret VSCO.N adopted a shareholder rights plan on Tuesday, after Australian billionaire Brett Blundy's investment firm increased its stake in the lingerie maker.The 'poison pill' plan, known as a limited-duration shareholder rights plan, was adopted to ...Reuters
Tue, May 20
This Artificial Intelligence (AI) Chipmaker Just Got a Game-Changing Boost From Amazon, and Nvidia Investors Should Be Paying Close Attention
Each quarter, investors get a glimpse into which stocks "smart money" investors on Wall Street are buying and selling thanks to a nifty tool called the Form 13F. These filings are required by the Securities and Exchange Commission (SEC), and essentially serve as an itemized breakdown of what stocks ...The Motley Fool
Tue, May 20
ResMed falls after rival's sleep apnea drug succeeds in late-stage study
** Shares of medical device maker ResMed RMD.N fall 3.8% to $244.56** RMD's rival Apnimed said late on Monday that its oral pill met the main goal in a late-stage study to treat obstructive sleep apnea** Apnimed's experimental drug, AD109, showed a mean reduction of 55.1% on a scale that mea...Reuters
Tue, May 20
Morgan Stanley sees ’more risk than reward’ for Asana, downgrades stock to sell
Investing.com -- Morgan Stanley downgraded Asana to Underweight from Equal-weight on Monday, warning that the stock’s recent rally is at odds with mounting risks and a deteriorating market position.“WInvesting.com
Tue, May 20
CANADA STOCKS-TSX opens slightly higher, investors assess inflation data
May 20 (Reuters) - Canada's main stock index opened higher on Tuesday, led by gains in metal mining shares, as investors parsed the country's inflation data.At 9:32 a.m. ET (1332 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 0.1% at 25,998.42 points.Reuters
Tue, May 20
RBC upgrades Westshore Terminals as Grassy Mountain revives export potential
Investing.com -- RBC (TSX:RY) Capital Markets has upgraded Westshore Terminals Investment Corp (TSX:WTE) to Outperform from Sector Perform following a surprise decision to restart the approval processInvesting.com
Tue, May 20
US STOCKS SNAPSHOT-Wall St opens lower ahead of Fed commentary
May 20 (Reuters) - Wall Street's main indexes opened lower on Tuesday as investors awaited commentary from Federal Reserve officials through the day to assess the potential impact of U.S. President Donald Trump's tariffs in the second half of 2025.The Dow Jones Industrial Average .DJI fell 5...Reuters
Tue, May 20
Aura Biosciences Inc reports results for the quarter ended March 31 - Earnings Summary
Aura Biosciences Inc AURA.OQ reported a quarterly adjusted loss of 55 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -40 cents. The mean expectation of five analysts for the quarter was for a loss of 49 cents per share. Wall...Reuters
Tue, May 20
Eagle Materials Inc reports results for the quarter ended March 31 - Earnings Summary
Eagle Materials Inc EXP.N reported quarterly adjusted earnings of $2.08 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.24. The mean expectation of thirteen analysts for the quarter was for earnings of $2.48 per share. Wall Stre...Reuters
Tue, May 20
