News
Important Only
LIVE MARKETS-Trade optimism powers stocks for second strong day
Main US indexes end mixed; Nasdaq, S&P 500 advance, Dow declinesTech leads S&P 500 sector gainers; Healthcare weakest groupDollar slides; gold gains; bitcoin up >2%; crude up >2.5%US 10-Year Treasury yield edges up to ~4.48%Welcome to the home for real-time coverage of markets brought ...Reuters
Tue, May 13
AST SpaceMobile Inc reports results for the quarter ended March 31 - Earnings Summary
AST SpaceMobile Inc ASTS.OQ reported a quarterly adjusted loss of 20 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -16 cents. The mean expectation of four analysts for the quarter was for a loss of 19 cents per share. Wall ...Reuters
Tue, May 13
Why Tesla Stock Jumped Today Even as Sales Continue to Plunge
Shareholders in Tesla (NASDAQ: TSLA) received more troubling news today. Not only did sales drop in the important China market in April, its business there has reportedly continued to decline this month.Yet shares jumped today. Tesla stock was 5.5% higher as of 2:58 p.m. ET. That reaction may have b...The Motley Fool
Tue, May 13
Why Topgolf Callaway Plunged Today
Topgolf Callaway (NYSE: MODG) shares were falling on Tuesday, down 13.4% as of 1:42 p.m. ET, despite the overall S&P 500 (SNPINDEX: ^GSPC) rallying about 1.1% at that time on the back of this morning's softer-than-expected inflation report. Topgolf Callaway reported earnings last night that actually...The Motley Fool
Tue, May 13
Atlanta Braves Holdings Inc reports results for the quarter ended March 31 - Earnings Summary
Atlanta Braves Holdings Inc BATRA.OQ reported a quarterly adjusted loss of 66 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -83 cents. The mean expectation of two analysts for the quarter was for a loss of 84 cents per sha...Reuters
Tue, May 13
Landstar System shares ease as results disappoint
** Shares of Landstar System LSTR.O are down 2.2% at $140.62 in afternoon trading Tues after the transportation services co earlier in the day reported weaker-than-expected earnings** LSTR also bucking broader trend in the mkt Tues, with the Nasdaq .IXIC last up about 1.9%** A Morningstar analyst wr...Reuters
Tue, May 13
Why Coinbase Global Stock Soared Today
Shares of Coinbase Global (NASDAQ: COIN) surged 23.8% higher at 2:30 p.m. ET on Tuesday, May 13. The operator of the leading cryptocurrency exchange in America will join the S&P 500 market index on its next update, scheduled for May 19.Why Coinbase is crashing the S&P 500 partyCoinbase will replace...The Motley Fool
Tue, May 13
Rigetti Computing Inc reports results for the quarter ended March 31 - Earnings Summary
Rigetti Computing Inc RGTI.OQ reported a quarterly adjusted loss of 8 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -14 cents. The mean expectation of six analysts for the quarter was for a loss of 5 cents per share. Wall ...Reuters
Tue, May 13
Energy stocks on Wall Street climb after US-China tariff cuts, economic outlook
** S&P 500 energy index .SPNY rises 1.7%, tracking a rise in oil prices O/R** Brent crude futures LCOc1 up 2.5% at $66.59/barrel; U.S. West Texas Intermediate crude futures CLc1 up 2.8% at $63.66/barrel** Oil prices were lifted by a temporary cut in U.S.-China tariffs and a better than expected ...Reuters
Tue, May 13
Wolfspeed jumps; WSJ reports Wolfspeed restructuring talks shift to Apollo, other creditors
** Shares of Wolfspeed WOLF.N are up 20.5% at $4.03 in higher volume Tues afternoon as the stock resumed trading following a Wall Street Journal report on the company** The Wall Street Journal, citing people familiar with the matter, reported that Apollo Global Management has engaged investment bank...Reuters
Tue, May 13
GLOBAL MARKETS-Dollar falls as global stocks gain after US inflation data
US-China tariff pause lifts sentiment but worries linger Traders reel in bets on Fed rate cutsBy Chris Prentice and Amanda Cooper NEW YORK/LONDON, May 13 (Reuters) - The dollar fell and major U.S. stock indexes were higher on Tuesday after data showed U.S. consumer inflation picked up less than e...Reuters
Tue, May 13
Microvast Holdings Inc reports results for the quarter ended March 31 - Earnings Summary
Microvast Holdings Inc MVST.OQ reported quarterly adjusted earnings of 6 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of three analysts for the quarter was for a loss of one cent per share. ...Reuters
Tue, May 13
Agricultural commodity traders gain on positive US planting data, fertilizer demand
** Shares of agricultural commodities traders rise in afternoon trade** "Fertilizer stocks are up likely on good U.S. planting data and strong global demand for fertilizer, which could send prices higher" - Morningstar analyst Seth Goldstein** Based on the latest U.S. Department of Agricultu...Reuters
Tue, May 13
US STOCKS-S&P 500, Nasdaq rise on soft inflation data, trade optimism
Indexes: Dow down 0.35%, S&P 500 up 0.92%, Nasdaq up 1.69%April CPI at 2.3% YoY versus 2.4% estimateCoinbase up after the stock's addition to the S&P 500UnitedHealth suspends annual forecast, CEO steps downBy Sinéad Carew and Shashwat Chauhan May 13 (Reuters) - The S&P 500 and the...Reuters
Tue, May 13
Cue Biopharma Inc reports results for the quarter ended March 31 - Earnings Summary
Cue Biopharma Inc CUE.OQ reported a quarterly adjusted loss of 17 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -25 cents. The mean expectation of three analysts for the quarter was for a loss of 15 cents per share. Wall S...Reuters
Tue, May 13
Energy Services Of America Corp reports results for the quarter ended March 31 - Earnings Summary
Energy Services Of America Corp ESOA.OQ reported a quarterly adjusted loss of 41 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -7 cents. The lone analyst forecast for the quarter was for earnings of 10 cents per share. Reve...Reuters
Tue, May 13
Why Archer Aviation Stock Is Skyrocketing Today
Shares of Archer Aviation (NYSE: ACHR) are surging on Tuesday. The company's stock gained 22.7% as of 2:11 p.m. ET and was up as much as 26.7% earlier in the day. The jump comes as the S&P 500 (SNPINDEX: ^GSPC) gained 0.8% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) rose 1.6%.The company, which de...The Motley Fool
Tue, May 13
Canada's WonderFi soars on $180 million deal with Robinhood
** Canadian crypto firm WonderFi Technologies' WNDR.TO shares jump 35.3% to C$0.35** Robinhood HOOD.O will buy WNDR, whose brands include crypto exchanges Bitbuy and Coinsquare, for C$250 million ($179 million), as retail trading platform looks to expand its international footprint** WNDR shareh...Reuters
Tue, May 13
iTeos rises as it looks to conserve cash after cancer drug setback
** Shares of cancer drug developer iTeos Therapeutics ITOS.O rise 13.6% to $7.86** ITOS and partner GSK GSK.L say they have terminated development of their experimental lung cancer therapy after its failure to significantly improve progression-free survival in two mid-stage trials** ITOS says it has...Reuters
Tue, May 13
Why Palantir Stock Is Skyrocketing Today -- A New Trump Deal Could Be Incoming
Shares of Palantir Technologies (NASDAQ: PLTR) are surging on Tuesday. The company's stock gained 9.2% as of 1:21 p.m. ET, and was up as much as 9.6% earlier in the day. The jump comes as the S&P 500 (SNPINDEX: ^GSPC) gained 0.8% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) rose 1.7%.Palantir's st...The Motley Fool
Tue, May 13
