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Take Five: The deal is on
LONDON, May 9 (Reuters) - As global growth worries grow, the coming days could be defined by relief if further U.S. trade deals come through - with focus on China - or more pessimism if data disappoint. U.S. President Donald Trump heads to the Middle East, Asian currencies are on the rise, and Germa...Reuters
Fri, May 9
Cathie Wood Just Bought These 2 Stocks Down 42% and 87%. Should You?
Cathie Wood has made a name for herself as a top growth investor. She has made some bold moves as head of investing company Ark Invest. Although some of Ark's exchange-traded funds (ETFs) have a spotty track record, some of them have outperformed the market, and she has drawn attention to her compan...The Motley Fool
Fri, May 9
European stocks climb on hopes of easing US-China trade tensions
May 9 (Reuters) - European shares ticked higher on Friday, as investors bet on de-escalation in the trade war ahead of discussions between the U.S. and China over the weekend.The pan-European STOXX 600 index .STOXX rose 0.3%, as of 0708 GMT, with all regional bourses trading higher, led by a 0.5% ga...Reuters
Fri, May 9
Should You Buy Nio While It's Below Its IPO Price?
Nio (NYSE: NIO), a leading maker of electric vehicles in China, went public at $6.26 per ADR on Sept. 12, 2018. On Feb. 9, 2021, its stock closed at a record high of $62.84. Its shares surged more than 10-fold as it dazzled investors with its explosive growth rates.But today, Nio's stock trades at a...The Motley Fool
Fri, May 9
2 Popular AI Stock to Sell Before They Fall 64% and 67%, According to Certain Wall Street Analysts
The S&P 500 (SNPINDEX: ^GSPC) has tumbled 4% year to date as President Trump's unorthodox trade policies have sown economic uncertainty. Companies are still spending money on artificial intelligence, but certain Wall Street recommend selling Palantir Technologies (NASDAQ: PLTR) and Upstart Holdings ...The Motley Fool
Fri, May 9
2 Magnificent Seven Stocks that are Screaming Buys Today
By the end of last year, Magnificent Seven stocks may have seemed out of reach for many investors. These top technology players saw their shares surge -- and they even led gains in the S&P 500 index -- on optimism about the ability of artificial intelligence (AI) to revolutionize business and our da...The Motley Fool
Fri, May 9
Japan's Nikkei ends at more than one-month high on optimism around trade talks
TOKYO, May 9 (Reuters) - Japan's Nikkei share average closed at a more than one-month high on Friday, as risk appetite was lifted after a U.S. trade agreement with Britain raised optimism for progress in talks with other countries.The Nikkei .N225 rose 1.56% to 37,503.33, its highest closing lev...Reuters
Fri, May 9
Wall Street's Newest Stock-Split Stock -- Which Has Gained 343% in 5 Years -- Is Set to Make History
For much of the last two-and-a-half years, the evolution of artificial intelligence (AI) has dominated the discussion on Wall Street. Investors almost always have a next-big-thing trend to captivate their attention, and AI has certainly fit the bill since late 2022.However, AI isn't the only trend i...The Motley Fool
Fri, May 9
With Warren Buffett Stepping Down as CEO of Berkshire Hathaway, Could Coca-Cola and American Express Be on the Chopping Block?
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has an equity portfolio that typically features around 50 stocks, but CEO Warren Buffett definitely plays favorites. There are a select few stocks that he has praised over and over again and that he said he'd never sell while he was in charge, including ...The Motley Fool
Fri, May 9
US equity outflows continue for 4th straight week; Europe, Japan see inflows - BofA
LONDON, May 9 (Reuters) - Outflows from U.S. stocks continued for a fourth straight week in the week to Wednesday, BofA Global Research said in a note on Friday, while investors bought international stocks, led by inflows to Europe. U.S. stocks suffered $9.3 billion of outflows in the week, with the...Reuters
Fri, May 9
Investors looking beyond US scoop-up Asian funds
By Rae Wee and Gaurav Dogra SINGAPORE/BENGALURU, May 9 (Reuters) - Investors have been selling U.S. shares and piling into Asian equity funds, as the Trump administration's tariffs cast a cloud over the U.S. growth outlook and whether years of world-beating gains in U.S. markets may be drawin...Reuters
Fri, May 9
UK Stocks-Factors to watch on May 9
May 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.35%.* IAG: IAG ICAG.L on Friday said it had placed an order for 53 new Airbus AIR.PA and Boeing BA.N long-haul aircraft, and also reported a better than expected first-quarter profit.* Tra...Reuters
Fri, May 9
Mitsubishi Heavy forecasts 10% profit growth this year on strong defence demand
By Kantaro Komiya TOKYO, May 9 (Reuters) - Japan's Mitsubishi Heavy Industries 7011.T on Friday projected a 9.6% growth in operating profit for the year on robust defence demand, while excluding the potential impact of U.S. tariffs, though the outlook and fiscal 2024-25 earnings missed estim...Reuters
Fri, May 9
LIVE MARKETS-Europe before the bell: sentiment helped by US-UK trade deal
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.comEUROPE BEFORE THE BELL: SENTIMENT HELPED BY US-UK TRADE DEALEuropean stock futures are trading higher on Friday after the U.S. and Brit...Reuters
Fri, May 9
GLOBAL MARKETS-Stocks jump in Japan, Taiwan on trade optimism; bitcoin soars
U.S. deal with UK is first since Trump's tariff pauseU.S. officials to meet with Chinese negotiators on SaturdayBitcoin leaps to highest since January; gold falls for third dayChip shares rise in Japan, Taiwan; China stocks struggleBy Kevin Buckland TOKYO, May 9 (Reuters) - Stocks surged in J...Reuters
Fri, May 9
LIVE MARKETS-US-China talks stir hope, and scepticism
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.comUS-CHINA TALKS STIR HOPE, AND SCEPTICISMWithout doubt, markets are more optimistic now about a thaw in global trade tensions than they ...Reuters
Fri, May 9
China's SMIC has strong quarter but outlook cloudy due to tariffs, production yields
SMIC revenue rises 28% in Q1, misses expectationsSMIC says impact on chip sector mitigated by tariff exemptionsCompany says "hard landing" could still be in store for industryShares slide 6.8%By Che Pan and Brenda Goh BEIJING, May 9 (Reuters) - China's top foundry, Semiconductor Manu...Reuters
Fri, May 9
IGM Financial Inc reports results for the quarter ended March 31 - Earnings Summary
IGM Financial Inc IGM.TO reported quarterly adjusted earnings of C$1.00 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 94 cents. The mean expectation of five analysts for the quarter was for earnings of C$1.03 per share. Wall Str...Reuters
Fri, May 9
Wheaton Precious Metals Corp reports results for the quarter ended March 31 - Earnings Summary
Wheaton Precious Metals Corp WPM.TO reported quarterly adjusted earnings of 55 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of twelve analysts for the quarter was for earnings of 50 cents pe...Reuters
Fri, May 9
Australia's Austco Healthcare rises after unit renews supply deal in US
** Shares of Austco Healthcare AHC.AX rise 5.4% to A$0.295, their highest level since April 3** Stock marks biggest intraday pct gain since May 5** Healthcare communication solutions provider says unit renewed supplier agreement with one of the largest U.S. healthcare service providers** Says Austco...Reuters
Fri, May 9
