News
Important Only
LIVE MARKETS-S&P 500 index makes a leap, now down less then 5% from record close
US equity index futures mixed, changes modestApr CPI MM 0.2% vs 0.3% est; YY 2.3% vs 2.4% est Apr CPI core MM 0.2% vs 0.3% est; core YY 2.8% vs 2.8% estEuro STOXX 600 index up ~0.3%Dollar down; gold up; bitcoin, crude both up >1%US 10-Year Treasury yield flat at ~4.46%Welcome to the home for real...Reuters
Tue, May 13
NYSE Content Advisory: Pre-Market update + April Consumer Inflation Data released
NEW YORK, May 13, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE...PR Newswire
Tue, May 13
Truist raises PT on Curtiss-Wright after Q1 earnings beat
** Shares of aerospace & defense service provider Curtiss-Wright CW.N marginally up 0.2% at $388 premarket** Truist Securities raises price target to $356 from $338, a downside of 8% to the stock's last close** Brokerage reiterates rating on the stock at 'hold'** Says cockpit voice a...Reuters
Tue, May 13
Leap Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Leap Therapeutics Inc LPTX.OQ reported a quarterly adjusted loss of 37 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -51 cents. The lone analyst forecast for the quarter was for a loss of 38 cents per share. Reported reven...Reuters
Tue, May 13
Should You Buy Roku Stock Now With $500 and Hold for 10 Years?
Roku (NASDAQ: ROKU) reported its 2025 first-quarter financial results not long ago. Revenue of just over $1 billion and the loss per share of $0.19 both came in ahead of Wall Street estimates. Nonetheless, shares are 9% lower than the day of the announcement (as of May 9).As of this writing, this st...The Motley Fool
Tue, May 13
US STOCKS SNAPSHOT-US stock futures move higher after April inflation data
May 13 (Reuters) - U.S. stock index futures moved higher on Tuesday after a lower-than-expected inflation report boosted expectations that the Federal Reserve was on track to lower borrowing costs this year.A Labor Department report showed April consumer price inflation rose 0.2% on a monthly basis ...Reuters
Tue, May 13
Cytokinetics rise after heart disease drug meets main goal in late-stage study
** Shares of drug developer Cytokinetics CYTK.O 5.2% to $33.80 premarket** Company says experimental heart disease drug, aficamten, helped significantly improve patients' exercise capacity compared to standard-of-care treatment in a late-stage study** RBC Capital Markets estimates a $900 mln opp...Reuters
Tue, May 13
UK chips supplier IQE could move some production to US on tariff concerns
IQE considers dual sourcing to mitigate tariff impactCEO Meier discusses potential US production moveCEO says a full sale of Taiwan ops makes timing senseBy Yadarisa Shabong May 13 (Reuters) - Apple supplier IQE IQE.L is looking at moving some production to the United States, expanding its suppli...Reuters
Tue, May 13
Xilio Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Xilio Therapeutics Inc XLO.OQ reported a quarterly adjusted loss of 18 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -58 cents. The mean expectation of two analysts for the quarter was for earnings of 10 cents per share. W...Reuters
Tue, May 13
1 Unstoppable Stock That Keeps Crushing the Market: Should You Buy It in May and Hold Forever?
Investors looking to find businesses that can outperform the S&P 500 index over the long term should look at those that have done just that historically. The thinking is that companies that have performed well in the past are likely in a good position to continue doing so.In the past five years, one...The Motley Fool
Tue, May 13
Passage Bio Inc reports results for the quarter ended March 31 - Earnings Summary
Passage Bio Inc PASG.OQ reported a quarterly adjusted loss of 25 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -30 cents. The mean expectation of four analysts for the quarter was for a loss of 23 cents per share. Wall Str...Reuters
Tue, May 13
Stoke Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Stoke Therapeutics Inc STOK.OQ reported quarterly adjusted earnings of $1.98 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -57 cents. The mean expectation of ten analysts for the quarter was for a loss of 40 cents per share. Wal...Reuters
Tue, May 13
Nextdoor Holdings falls as Morgan Stanley downgrades on platform rebuild concerns
** Shares of advertising platform Nextdoor Holdings KIND.N down 3.6% to $1.34 premarket** Brokerage Morgan Stanley downgrades KIND to "underweight" from "equal weight", trims PT to $1.10 from $2.70** KIND's platform rebuild, called "NEXT", is introducing new uncertainty a...Reuters
Tue, May 13
TARIFFS BITE: NORTH AMERICAN AND ASIAN MANUFACTURERS RETRENCH IN APRIL, WITH GLOBAL MATERIAL PURCHASES DOWN AT ACCELERATED PACE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
The steep fall in global manufacturers' purchases signals a likely production slowdown in the near future North America factories respond to tariffs by buying less inputs and aggressively stockpiling Purchasing activity by Asian manufacturers at its weakest since Dec. 2023 as demand slumps acro...PR Newswire
Tue, May 13
IT TECH PACKAGING ANNOUNCES PRICING OF $1.4 MILLION PUBLIC OFFERING
BAODING, China, May 13, 2025 /PRNewswire/ -- IT Tech Packaging Inc. (NYSE American: ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced the pricing of a public offering of 6,899,500...PR Newswire
Tue, May 13
Infosys and LTA Sign Strategic Technology Partnership for the Historic Tournament at Queens Club, London
The multi-year engagement will leverage Infosys Topaz to deliver a range of AI-powered innovations, including match insights and immersive fan experiences BENGALURU, India, May 13, 2025 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services...PR Newswire
Tue, May 13
Venture Global falls on lower annual core profit forecast, Q1 profit miss
** Shares of LNG producer Venture Global VG.N fall 5.7% to $9.35 premarket ** Company lowers FY 2025 core profit forecast and reports a Q1 core profit that missed analysts' expectations ** VG cuts current-year core profit forecast to be between $6.4 billion and $6.8 billion, compared with pr...Reuters
Tue, May 13
