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Sportswear brand On rises after lifting annual profit margin target
U.S.-listed shares of sportswear brand On Holding ONON.N up 5% at $35.79 premarketCompany lifts annual profit margin forecast after beating Q1 sales estimates, helped by demand for its pricey running shoes, such as Cloudtilt, from affluent, younger customersQ1 sales jump 14.5% to 831.9 million Swiss...Reuters
Tue, May 12
Is It Time to Sell Costco Stock?
Key PointsCostco reported strong comps growth and profits over the past year.The market is worried about how well the retailer will perform with high inflation hitting consumers.Costco stock trades at an expensive valuation.10 stocks we like better than Costco Wholesale › Costco Wholesale (NASDAQ: C...The Motley Fool
Tue, May 12
Pfizer's Net Income Drops in Q1. Is Its Dividend Still Safe?
Key PointsPfizer's revenue rose last quarter, but profits were down by 9%.Based on its latest numbers, the company's payout ratio is now north of 91%.Acquisitions have impacted its earnings, however, and Pfizer's financials may improve over time.10 stocks we like better than Pfizer › One of the best...The Motley Fool
Tue, May 12
PRECIOUS-Gold falls as fading Middle East peace hopes lift dollar, oil
U.S. April CPI data due at 1230 GMTTrump calls Iranian counterproposal 'garbage'Trump to visit China this week, to discuss Iran with XiBy Noel John May 12 (Reuters) - Gold fell from a three-week high hit earlier on Tuesday, as slim hopes of a U.S.-Iran peace deal drove the dollar and oil ...Reuters
Tue, May 12
Quantum Computing Stocks IonQ and D-Wave Quantum Have Nearly Doubled in 5 Weeks -- Don't Take the Bait
Key PointsPure-play quantum computing stocks IonQ and D-Wave Quantum have rallied 98% and 84%, respectively, since March 30.Investors appear to be excited about the otherworldly growth prospects of high-profile quantum computing stocks.However, quantum computers remain a long way from mainstream uti...The Motley Fool
Tue, May 12
BuzzFeed jumps as Byron Allen to buy majority stake in co for $120 million
Shares of digital media firm BuzzFeed BZFD.O up 103.4% at $1.49 premarketMedia entrepreneur Byron Allen agrees to buy a ~52% stake in the company for $120 million and take over as CEOAllen Family Digital to acquire 40 million shares at $3 apiece, ~300% premium to Monday's closeBuzzFeed founder J...Reuters
Tue, May 12
Prediction: Bitcoin Will Hit $150,000 in 2026
Key PointsCorporations, individuals, and even some countries are accumulating Bitcoin.It won't ever be produced at a faster rate than it's being produced right now.Whether it's this year or over a longer period, the coin's price is probably going up. 10 stocks we like better than Bitcoin › Earlier t...The Motley Fool
Tue, May 12
Why Is Everyone Talking About Upstart Stock?
Upstart (NASDAQ: UPST) reiterated its outlook for the rest of 2026.Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »*Stock prices ...The Motley Fool
Tue, May 12
Can't Buy SpaceX Yet? Here Are 5 Ways to Get Exposure Before the IPO.
Key PointsSpaceX is gearing up for the largest IPO in history.Eager investors can get in the game now with three ETFs.A pair of well-known stocks also offers backdoor exposure to SpaceX.These 10 stocks could mint the next wave of millionaires › With Elon Musk's SpaceX rumored to be targeting a June ...The Motley Fool
Tue, May 12
Deutsche Bank starts EssilorLuxottica at 'hold' on demand, tech competition risks
Deutsche Bank initiates Franco-Italian eyewear group EssilorLuxottica ESLX.PA with "hold", citing risks from softer consumer sentiment and competition from big techThe broker flags softer-than-expected Q1 results and sees further risks from weakening consumer sentiment, driven by the conflic...Reuters
Tue, May 12
SanDisk Just Went Vertical -- Is the Stock Now Too Hot to Handle?
Key PointsSanDisk's stock has skyrocketed, driven by tremendous demand for its NAND memory.However, famous investor Michael Burry believes that investors should sell "any stocks going parabolic."The prudent approach with SanDisk is to ignore its stock chart and focus on its business and industry dyn...The Motley Fool
Tue, May 12
Tencent Music Entertainment Group Announces First Quarter 2026 Unaudited Financial Results
SHENZHEN, China, May 12, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced its unaudited financial results for the first quarter ended Ma...PR Newswire
Tue, May 12
Oil companies up as fading hopes of quick end to Iran war reignite supply worries
Shares of U.S. energy companies rise premarket, tracking a rise in crude prices O/RBrent crude futures LCOc1 up 1.9% at $106.21/barrel, while U.S. West Texas Intermediate CLc1 rise 2.4% to $100.38/barrelOil prices rise as hopes for a deal to end the U.S.-Israeli war on Iran fade, with stark differe...Reuters
Tue, May 12
AST SpaceMobile slips after first-quarter revenue miss
Shares of satellite communications firm AST SpaceMobile ASTS.O down 11.3% at $73.21 premarket Co posts Q1 rev of $14.73 mln, missing analyst est. of $37.63 mln"Our revenue declined during the first quarter due to the timing of gateway deployment to our commercial customers and the timing of comp...Reuters
Tue, May 12
Did Apple Just Drop a Big Hint About Its Future Growth Strategy?
Key PointsApple hasn't been a company known for making big acquisitions in the past.Its CFO recently hinted, however, that the company may be more willing to put its cash to work.10 stocks we like better than Apple › Apple (NASDAQ: AAPL) is undergoing a transition. CEO Tim Cook is stepping down from...The Motley Fool
Tue, May 12
European IT stocks fall as OpenAI launches corporate unit
Shares in European IT services companies track sharp declines in U.S. peers after OpenAI launches a $4 billion corporate unit and buys artificial intelligence consulting firm Tomoro, stoking fresh concerns about disruption in the sectorIT services firms Capgemini CAPP.PA, Sopra Steria SOPR.PA, Adess...Reuters
Tue, May 12
Disney Has a Trick Up Its Sleeve. Should You Buy the Stock Now?
Key PointsDisney's stock is down more than 40% in the past five years.New CEO Josh D'Amaro is focused on growth and efficiency at the entertainment company.10 stocks we like better than Walt Disney › Could a "super-app" be the answer to Disney's (NYSE: DIS) lackluster growth?At a recent investor pre...The Motley Fool
Tue, May 12
Warren Buffett Reveals Why Younger Investors May Have an Advantage Over Him When Picking Stocks
Key PointsYounger people who have grown up with a company's products may be in a better position than Buffett to know whether it's a good investment.Nvidia is the type of stock that Buffett may have invested in if he were comfortable with tech, given its excellent fundamentals and strong moat.Invest...The Motley Fool
Tue, May 12
HK Grey Market | Metis TechBio Soars 191%; Impact Therapeutics Jumps 41%
Metis TechBio, one of the "Top Three AI Drug Discovery" companies in Mainland China, soared 191% in Hong Kong’s grey market trading.Founded in 2020, Metis TechBio focuses on the delivery and application of payloads across a range of biological systems, using artificial intelligence-powered nanotechn...Tiger News
Tue, May 12
Top 5 HK Stock Gainers/Losers (>100B) (5.12)
SIGENERGY(06656) rose 6.7%, with a trading turnover 173.6 Million HKD, and a year-to-date rose 74.3%. HENGRUI PHARMA(01276) rose 4.84%, with a trading turnover 1.4 Billion HKD, and a year-to-date fell 2.5%. KNOWLEDGE ATLAS(02513) fell 6.56%, with a trading turnover 779.8 Million HKD, and a year-to-date rose 622.9%. MINIMAX-W(00100) fell 6.31%, with a trading turnover 881.7 Million HKD, and a year-to-date rose 318.5%.Longport
Tue, May 12
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