News
Important Only
Allstate rises after disclosing April catastrophe losses
** Property and casualty insurer Allstate's ALL.N shares rise ~1.2% to $202.93** ALL announces catastrophe losses for April to be $594 mln, or $469 mln after-tax** Company says catastrophe losses for April include 11 events, with roughly 60% of the losses related to two geographically widespread...Reuters
Thu, May 15
Cathie Wood Is Selling Palantir Stock. Should You?
During 2023 and 2024, investing in the technology sector seemed like a no-brainer. Euphoric narratives surrounding the artificial intelligence (AI) megatrend had investors plowing into different end markets across the technology spectrum, and minting a lot of profits in the process.But 2025 has been...The Motley Fool
Thu, May 15
Abbott rises after continuous glucose monitor reduce hospitalizations
** Shares of medical device maker Abbott Laboratories ABT.N up 1.8% at $130.92 ** ABT says its study of a continuous glucose monitoring (CGM) device called FreeStyle Libre showed a 78% reduction in the risk of hospitalization for heart-related issues in people with diabetes** Co says the study of th...Reuters
Thu, May 15
Walmart warns of higher prices, shares fall
** Shares of retail giant Walmart WMT.N down as much as 5.1% at $91.89 in early trade ** Co says it will have to start raising prices later this month due to high cost of tariffs ** U.S. shoppers will start to see prices rise at the end of May and certainly in June, CFO John David ...Reuters
Thu, May 15
US STOCKS-Wall St edges lower as trade truce rally ebbs, UnitedHealth falls
Indexes down: Dow 0.31%, S&P 500 0.33%, Nasdaq 0.64%Cisco gains after raising FY forecasts UnitedHealth down on report it faces criminal probeBy Shashwat Chauhan and Pranav Kashyap May 15 (Reuters) - Wall Street dipped on Thursday as elation from the U.S.-China tariff truce faded for majo...Reuters
Thu, May 15
US FDA approves Amneal's self-administered migraine treatment
May 15 (Reuters) - The U.S. Food and Drug Administration has approved Amneal Pharmaceuticals' AMRX.O self-administered migraine drug, giving way to a quick and more convenient treatment option for patients.The treatment, branded as Brekiya, delivers a single dose of the drug called dihydroergota...Reuters
Thu, May 15
Great News for Amazon Stock Investors
During a conference call with Wall Street analysts, Amazon (NASDAQ: AMZN) reiterated many of the reasons that it's a great business.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »*Stock prices used were the aftern...The Motley Fool
Thu, May 15
1 Super Stock Down 55% to Buy Hand Over Fist, According to Wall Street
Once known primarily as a cloud-native data warehouse provider, Snowflake (NYSE: SNOW) has since evolved into a prominent player in the artificial intelligence (AI)-powered enterprise data management space. The company is using its cloud computing, data, and artificial intelligence capabilities to a...The Motley Fool
Thu, May 15
Deere rises after Q2 earnings beat estimates
** Agricultural-equipment maker Deere & Co's DE.N shares up 5% at $521** Co posts Q2 adj. EPS of $6.64 vs analysts' avg. estimates of $5.58, according to data compiled by LSEG ** DE posts Q2 revenue of $11.2 bln vs estimates of $10.8 bln** However, co cuts annual net income forecast to $...Reuters
Thu, May 15
Foot Locker eyes best day after $2.4 bln deal from Dick's Sporting Goods
** Shares of Foot Locker FL.N surge as much as 83.6% to $23.63 in early trade ** Stock set for best day on record, if gains hold ** Co enters into definitive merger agreement under which Dick's Sporting Goods DKS.N will acquire it for $2.4 billion** The $24-per-share deal represents an 86.5%...Reuters
Thu, May 15
New Fortress Energy slides to an all-time low after Q1 loss
** Shares of U.S.-based LNG company New Fortress Energy NFE.O slide 51.8% to an all-time low of $3.27 ** Company late on Wednesday reported Q1 loss, hurt by weak performance in ships, terminal and infrastructure segments ** NFE reports Q1 net loss of $197.4 million, compared with net income of $...Reuters
Thu, May 15
MIDEAST STOCKS-Major Gulf markets varied as oil oversupply fears loom
May 15 (Reuters) - Saudi Arabia's benchmark stock index .TASI ended slightly lower on Thursday, weighed down by a fall in oil prices on expectations for a U.S.-Iran nuclear deal, while a surprise build in U.S. crude oil inventories last week heightened investor concerns about oversupply.Oil pric...Reuters
Thu, May 15
Deere Delivers Solid Results in Downturn
Here's our initial take on Deere & Co.'s (NYSE: DE) fiscal 2025 second-quarter financial results.Key MetricsMetricQ2 FY24Q2 FY25Changevs. ExpectationsRevenue$15.2 billion$12.8 billion-16%BeatEarnings per share$8.53$6.64-22%BeatOperating margin20.3%18.1%- 220 bpsn/aOperating cash flow (six months)$94...The Motley Fool
Thu, May 15
uCloudlink Unveils 4 Breakthrough Solutions at MVNOs World 2025: Driving Revenue, Network Optimization and User Retention for MVNOs
VIENNA, May 15, 2025 /PRNewswire/ -- uCloudlink (NASDAQ: UCL), the world's first and leading mobile data traffic-sharing marketplace, made its debut at MVNOs World 2025. On May 14, uCloudlink Brand Ambassador Matthias delivered a keynote speech titled "Innovations for: NEW REVENUE, BEST NETWORK...PR Newswire
Thu, May 15
Brokerages raise PT on Coreweave even as stock slides on heavy spending plan
** Shares of Nvidia-backed CoreWeave CRWV.O slide 2.4% to $65.83 after co to spend up to $23 bln this year to tap AI demand boom ** But, at least five brokerages raise PT after CRWV reports better-than-expected revenue in first quarterly report since March IPO** Barclays raises PT to $70 from $60, ...Reuters
Thu, May 15
UnitedHealth plunges on report of criminal probe for possible Medicare fraud
** Shares of health insurer UnitedHealth Group UNH.N drop 15.8% to five-year low of $259.97 ** Stock set for biggest weekly drop since 1998** The Wall Street Journal reported late on Wednesday the U.S. Department of Justice is carrying out a criminal investigation into UnitedHealth for possible Medi...Reuters
Thu, May 15
Oppenheimer cuts Toll Brothers' PT on expected reduction in 2025 forecast
** Oppenheimer cuts PT on luxury home builder Toll Brothers TOL.N to $155 from $165, upside of 47.5% to stock's last close; rating unchanged at 'outperform'** Co's shares down 1% at $104 in early trading** Brokerage expects co to lower annual closing forecast due to choppy demand dur...Reuters
Thu, May 15
Street View: Cisco rides AI wave as Wall Street expects strong upside
** Cisco Systems CSCO.O said on Wednesday that its finance chief Scott Herren will retire from the company in July, and raised its annual results forecast, betting on steady demand from cloud customers for its networking equipment, driven by the artificial intelligence boom** Shares of the networkin...Reuters
Thu, May 15
