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Expedia shares fall after soft US travel demand leads to revenue miss
By Aatreyee Dasgupta May 9 (Reuters) - Shares of Expedia EXPE.O fell 7.5% on Friday, after the online travel-booking platform missed Wall Street estimates for quarterly revenue due to weak demand in the United States.Expedia joins its peers as the travel industry braces for a slowdown ahead of th...Reuters
Fri, May 9
Onto Innovation shares near 2-year low on weak quarterly forecasts
** Shares in semiconductor equipment maker Onto Innovation Inc ONTO.N down 30.3% at $88.58, hitting lowest point since May 2023** Co forecasts Q2 revenue in the range of $240 million-$260 million vs estimates of $263.7 mln, and Q2 adj. EPS between $1.21 and $1.35 vs estimates of $1.46 - LSEG **...Reuters
Fri, May 9
Perpetua Resources Corp expected to post a loss of 5 cents a share - Earnings Preview
Perpetua Resources Corp PPTA.TO is expected to show no change in quarterly revenue when it reports results on May 12 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Perpetua Resources Corp is for a loss of 5 cents per share. The current average analyst rating o...Reuters
Fri, May 9
Lundin Gold Inc reports results for the quarter ended March 31 - Earnings Summary
Lundin Gold Inc LUG.TO reported quarterly adjusted earnings of 64 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 24 cents. The mean expectation of eleven analysts for the quarter was for earnings of 59 cents per share. Wall...Reuters
Fri, May 9
US STOCKS-Wall St range-bound as caution sets in ahead of US-China talks
Indexes down: Dow 0.31%, S&P 500 0.09%, Nasdaq up 0.02%Fed officials: tariffs to boost inflation, slow growth this yearInsulet jumps after quarterly profit beats estimatesExpedia falls after soft US travel demand leads to revenue missBy Purvi Agarwal and Johann M Cherian May 9 (Reuters) - Wal...Reuters
Fri, May 9
LIVE MARKETS-Individual investor bulls make a leap - AAII
S&P 500, Nasdaq both around flat; Dow slipsConsumer staples leads S&P 500 sector decliners; energy on topEuro STOXX 600 index up ~0.4%Dollar down; bitcoin up slightly; gold, crude both up >1%US 10-Year Treasury yield ~flat at ~4.36%Welcome to the home for real-time coverage of markets bro...Reuters
Fri, May 9
Aprea Therapeutics Inc expected to post a loss of 86 cents a share - Earnings Preview
Aprea Therapeutics Inc APRE.OQ APRE.O is expected to show a fall in quarterly revenue when it reports results on May 12 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Aprea Therapeutics Inc is for a loss of 86 cents per share. The current average analyst rating...Reuters
Fri, May 9
Compass falls after forecasting Q2 revenue below estimates; brokerages cut PT
** Home brokerage Compass Inc COMP.N slumps over 17% to $6.39** COMP on Thursday said it expects Q2 revenue in the range of $2 billion to $2.15 billion, the midpoint of which is below analysts' estimate of $2.12 billion, according to data compiled by LSEG ** Company posted Q1 revenue of $1.36 bi...Reuters
Fri, May 9
GLOBAL MARKETS-Stocks edge higher while dollar slips as investors look to trade talks
World stocks gain on trade optimismU.S. deal with UK was first since Trump's tariff pauseChina/U.S. negotiations set for weekend Bitcoin touches highest since January; oil rises 1%U.S. dollar, Treasury yields pull back By Sinéad Carew and Nell Mackenzie NEW YORK/LONDON, May 9 (Reuters) - MSCI...Reuters
Fri, May 9
U.S. STOCKS ON THE MOVE-HCI Group, Tesla, Kingstone
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes rose on Friday, marking their third straight day of gains, as investors assessed fresh comments from President Donald Trump regarding tariffs on China ahead of...Reuters
Fri, May 9
Sun Life rises after higher Q1 profit
** Life insurer Sun Life Financial SLF.TO shares jump ~5.1% to C$87.79 ** On Thursday, SLF reported a rise in Q1 profit, helped by strength in its Asia market and strong performance in its wealth and asset management business.** Company reported net income of C$928 mln ($666.09 million) or C$1.62 pe...Reuters
Fri, May 9
2 Artificial Intelligence (AI) Stocks That Look Undervalued in Today's Market
The artificial intelligence (AI) boom is still in full swing, and experts agree that most of its shareholder value creation still lies ahead. It's like the internet in the early 2000s, personal computers in the 1980s and 1990s, or gas-powered cars replacing horse-drawn carriages long before that. Th...The Motley Fool
Fri, May 9
Predictive Oncology Inc expected to post a loss of 9 cents a share - Earnings Preview
Predictive Oncology Inc POAI.OQ POAI.O is expected to report resultson May 13 (estimated) for the period ending March 31 2025The Pittsburgh Pennsylvania-based company is expected to report revenue of $1.5 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analy...Reuters
Fri, May 9
Stifel cuts GXO Logistics PT on slower print business
** Stifel cut GXO Logistics' GXO.N price target to $63 from $66, an upside of 58.7% to the stock's last close ** Reiterates rating of 'buy'** Says co's print business underperformed in comparison to other logistics peers, especially due to slower revenue growth in Europe** Co'...Reuters
Fri, May 9
Why Tesla Stock Continued Its Monster Run Friday
Tesla (NASDAQ: TSLA) reported a relatively weak first quarter less than a month ago, but investors have been piling into the stock anyway. That continued today with Tesla shares soaring 5.7% as of 10:45 a.m. ET.That gives the stock a nearly 30% return since it reported first-quarter results on April...The Motley Fool
Fri, May 9
LIVE MARKETS-US-UK trade deal not game changer - Oxford Economics
S&P 500 flat; Nasdaq up slightly; Dow dipsEnergy leads S&P 500 sector gainers; consumer staples down mostEuro STOXX 600 index up ~0.7%Dollar down; bitcoin, gold up; crude gains >1%US 10-Year Treasury yield edges down to ~4.36%Welcome to the home for real-time coverage of markets brought t...Reuters
Fri, May 9
UniCredit board members seek M&A clarity after setbacks, sources say
By Elvira Pollina and Valentina Za MILAN, May 9 (Reuters) - Some UniCredit CRDI.MI board members are seeking clarity from CEO Andrea Orcel on his M&A plans and have asked him to explain the way forward, two sources said, after a spat with Rome delivered another setback to his ambition to grow...Reuters
Fri, May 9
Apollo-backed Aspen Insurance extends momentum after NYSE return
** Bermudian specialty insurer Aspen Insurance's AHL.N shares rise ~3% to $33.46 ** AHL returned to the New York Stock Exchange on Thursday after more than six years ** The stock closed up 8.3% at $32.50 on Thursday after rising as high as $34 in its NYSE return ** Parent Apollo Global APO.N...Reuters
Fri, May 9
EMERGING MARKETS-Latam assets up amid cenbank moves, Sino-US trade whispers
LATAM stocks up 0.8%, FX up 0.4%Peru's central bank cuts rates by 25 bps Brazil's annual inflation rises to 5.53% in April S&P Global raises fears of Romania rating cut to junk categoryBy Pranav Kashyap May 9 (Reuters) - Latin American currencies ticked up on Friday, poised to etch ou...Reuters
Fri, May 9
