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Pakistan's stock, international bonds soar after ceasefire with India
By Sudipto Ganguly and Libby George May 12 (Reuters) - Pakistan's stocks closed up 9.4% and its international bonds also recorded strong gains on Monday after a ceasefire deal with neighbouring India agreed over the weekend fuelled a relief rally. Pakistan's main stocks benchmark - the KS...Reuters
Mon, May 12
INSTANT VIEW-US-China agree to cut tariffs, 90-day pause
LONDON/SHANGHAI, May 12 (Reuters) - Stocks and the dollar surged on Monday after the United States and China said they had agreed on a 90-day pause on tariffs and reciprocal duties would drop sharply, giving investors some confidence that a full-scale trade war may have been averted.U.S. Treasur...Reuters
Mon, May 12
History Says Now Is the Time to Buy Nvidia Stock
History doesn't normally repeat itself, but it often rhymes. So investors can take what has happened in the past as an indicator of what might happen in the future.With that in mind, a pattern seems to be developing with Nvidia (NASDAQ: NVDA) stock: It has made large price gains in May in each of th...The Motley Fool
Mon, May 12
Birchcliff Energy Ltd expected to post earnings of 20 cents a share - Earnings Preview
Birchcliff Energy Ltd BIR.TO is expected to report results on May 14 for the period ending March 31 2025LSEG's mean analyst estimate for Birchcliff Energy Ltd is for earnings of 20 cents per share. The current average analyst rating on the shares is "buy" and the breakdown of recommend...Reuters
Mon, May 12
Shipping companies gain as US, China reach deal to cut tariffs
** Shares of U.S. shipping companies rise in premarket trade after Washington and Beijing agree to temporarily slash reciprocal tariffs** The U.S. will cut extra tariffs on China to 30% from 145%, while Chinese duties on U.S. imports will fall to 10% from 125%; measures effective for 90 days** Share...Reuters
Mon, May 12
Prediction: These 2 Stocks Will Outperform the Market in the Next Five Years
Regardless of how stocks are performing right now, history tells us that the market tends to generate solid returns over long periods. Investors can do even better than the average market performance by buying shares of companies likely to beat broader equities.Two excellent candidates are Vertex Ph...The Motley Fool
Mon, May 12
CSX rises as BofA hikes PO after new five-year labor deal
** Railroad operator CSX Corp CSX.O shares rise 3% to $30 premarket ** BofA Global Research raises price objective to $31 from $30, an upside of 7.9% to the stock's last close; rating unchanged at 'neutral'** Says co and Brotherhood of Locomotive Engineers & Trainmen agreed to a ...Reuters
Mon, May 12
Rockwell Medical Inc reports results for the quarter ended March 31 - Earnings Summary
Rockwell Medical Inc RMTI.OQ reported a quarterly adjusted loss of 4 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -6 cents. The mean expectation of two analysts for the quarter was for a loss of 5 cents per share. Wall St...Reuters
Mon, May 12
BREAKINGVIEWS-US-China truce cools down trade war, for now
By Hudson Lockett HONG KONG, May 12 (Reuters Breakingviews) - Doomsday has been undone, for now. Forty days after President Donald Trump announced his reckless reciprocal tariffs in the White House Rose Garden, leading to a full-blown U.S.-China trade war with triple-digit levies, both sides have...Reuters
Mon, May 12
MORNING BID AMERICAS-Trade peace in our time?
By Mike Dolan LONDON, May 12 (Reuters) - What matters in U.S. and global markets todayBy Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets A confusing mix of trade policy shifts and opaque economic data has left financial markets and the Federal Reserve searching for ...Reuters
Mon, May 12
The Ultimate Growth Stock to Buy With $1,000 Right Now
Got an extra $1,000 you're ready to invest for a while but don't know which stocks to buy? If so, you're not alone. The past few weeks have been full of tariff-driven turmoil. The beginning of earnings season has only added to the uncertainty.There's arguably at least one name, however, that's worth...The Motley Fool
Mon, May 12
US medical device makers climbs after US and China agree to slash tariffs
** Shares of U.S. medical device makers rise premarket, after the U.S. and China agreed to temporarily slash reciprocal tariffs on each other's goods** The U.S. will cut tariffs on Chinese imports from 145% to 30% and China will cut tariffs on US imports from 125% to 10%** Shares of GE Healthcar...Reuters
Mon, May 12
US retailers rise after US, China agree to ease some tariffs, 90-day pause
** Shares of retailers surge in premarket trading after U.S. and China agree to ease some tariffs and a 90-day pause** While a 30% tariff is still a significant hit to retailers’ margins, ... the tentative deal provides some breathing room as retailers gear up for back-to-school and holiday shopping...Reuters
Mon, May 12
Gryphon Digital Mining soars on merger with Eric Trump-backed American Bitcoin
** Bitcoin miner Gryphon Digital Mining's GRYP.O shares rocket 332.7% to $2.25 premarket** Hut 8 HUT.O arm American Bitcoin set to go public through merger with Nasdaq-listed Gryphon** Combined company will operate under the American Bitcoin brand on Nasdaq under the ticker symbol "ABTC"...Reuters
Mon, May 12
Liquidia falls after United Therapeutics files new patent suit over inhaled drug
** Shares of biopharma firm Liquidia Corp LQDA.O fall 5% to $14.50 premarket** United Therapeutics Corporation UTHR.O filed a litigation against Liquidia on May 9 in the U.S. District Court of North Carolina, alleging infringement of U.S. Patent, LQDA says** The lawsuit seeks to block Liquidia from...Reuters
Mon, May 12
Better Buy: Joby Aviation vs. Southwest Airlines
With the S&P 500 down more than 3% year to date (as of this writing), many investors aren't feeling so motivated to add positions to their holdings right now. This lack of interest, however, can be shortsighted. Times like these are when savvy investors who recognize the potential of quality compani...The Motley Fool
Mon, May 12
US big banks rise as US-China trade war softens
** Shares of big U.S. banks rise premarket as investors welcome the temporary slashing of tariffs by the two biggest world economies, signaling de-escalation of a trade war that has stoked fears of recession and roiled financial markets** Goldman Sachs up 5.1%, Bank of AmericaReuters
Mon, May 12
Apple rises after report on co considering raising iPhone prices
** Shares of Apple AAPL.O rise 7% to $212.03 premarket** AAPL is considering raising prices of its fall iPhone lineup, Wall Street Journal reports, citing people familiar with matter** Co is seeking to add new features and design changes, report says ** Apple is determined to avoid any scenario i...Reuters
Mon, May 12
LIVE MARKETS-European banks: a resilient earnings season
STOXX 600 up 0.9%US-China reach deal to slash tariffsMiners, luxury lead gainersS&P futures surge 3.1%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comEUROPEAN BANKS: A RESILIENT E...Reuters
Mon, May 12
CANADA STOCKS-TSX futures rise as US-China slash tariffs
May 12 (Reuters) - Futures for Canada's main stock index surged on Monday, after the United States and China agreed to temporarily slash reciprocal tariffs, bolstering investor optimism and easing fears of an all-out trade war unsettling global markets.June futures on the S&P/TSX index .SXFc...Reuters
Mon, May 12
