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EMERGING MARKETS-Brazilian real jumps following rate hike; US-UK deal spurs global sentiment
Latam FX up 1%, stocks up 2.1%Brazil hikes interest rate to 14.75%, highest since August 2006Mexico's annual inflation was 3.93% in AprilIndia's rupee logs worst day since February 2023By Pranav Kashyap May 8 (Reuters) - Brazil's currency jumped on Thursday following an overnight inte...Reuters
Thu, May 8
Fidelity National Financial Inc reports results for the quarter ended March 31 - Earnings Summary
Fidelity National Financial Inc FNF.N reported quarterly adjusted earnings of 78 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 76 cents. The mean expectation of six analysts for the quarter was for earnings of $1.10 per sh...Reuters
Thu, May 8
US STOCKS-Wall Street rallies as first trade deal reached
US-UK trade deal reduces tariffs on US goods Boeing gains after UK to buy planes worth $10 blnArm slides after bleak Q1 revenue forecastBy Chuck Mikolajczak NEW YORK, May 8 (Reuters) - U.S. stocks rallied on Thursday as investors cheered a new trade agreement hammered out between the United State...Reuters
Thu, May 8
Bitcoin Soars Past $101,000 as Crypto Bounces Back
The crypto market came to life on Thursday as investors continued to buy riskier assets like cryptocurrencies and growth stocks. The Federal Reserve's move to not change interest rates yesterday played a role, but so does the seeming idea that trade tensions are easing.At 2:30 p.m. ET, Bitcoin (CRYP...The Motley Fool
Thu, May 8
Why Tesla Stock Is Surging Today
Shares of Tesla (NASDAQ: TSLA) are climbing on Thursday. The electric vehicle (EV) maker's stock gained 4.1% as of 3:20 p.m. ET and was up as much as 4.9% earlier in the day. The rise comes as the S&P 500 gained 1.1% and the Nasdaq Composite rose 1.8%.The company's stock is seeing a boost after Pres...The Motley Fool
Thu, May 8
GLOBAL MARKETS-Global stock index rises with dollar on trade optimism after US-UK deal
Equities rise after US-UK trade deal announcementUS dollar advances with bond yields, oil settles upBoE cuts UK rates, Sweden and Norway hold ratesBy Sinéad Carew and Marc Jones NEW YORK/LONDON, May 8 (Reuters) - Global equities rose on Thursday, with Wall Street outperforming, while the doll...Reuters
Thu, May 8
Citi trims price target for Australia-listed shares of Light & Wonder after quarterly earnings miss
** Analysts at Citi lower PT for Australia-listed shares of Light & Wonder LNW.AX to A$193, retain "buy" rating** The U.S.-based gaming company on Thursday reported first-quarter adj. EBITDA of $311 mln, nearly 1% below Visible Alpha consensus** Brokerage lowers adj. EBITDA estimates by ...Reuters
Thu, May 8
US Physical Therapy Inc reports results for the quarter ended March 31 - Earnings Summary
US Physical Therapy Inc USPH.N reported quarterly adjusted earnings of 48 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 51 cents. The mean expectation of six analysts for the quarter was for earnings of 43 cents per share. ...Reuters
Thu, May 8
Why Carvana Stock Popped Today
Shares of Carvana (NYSE: CVNA) were moving higher today after the online used car retailer delivered strong results in its first-quarter earnings report, easily beating estimates and tamping down concerns about an impact from tariffs.As of 2:41 p.m. ET, the stock was up 12.4% on the news.Where to in...The Motley Fool
Thu, May 8
US FDA approves Verastem's ovarian cancer therapy
By Padmanabhan Ananthan and Christy SanthoshMay 8 (Reuters) - The U.S. Food and Drug Administration has approved Verastem's VSTM.O combination therapy for patients with a rare type of ovarian cancer who have received prior treatment, the regulator said on Thursday.Verastem said the combination t...Reuters
Thu, May 8
Why Rigetti Stock Is Skyrocketing Today: It's More Than Trump's Trade Deal
Shares of Rigetti Computing (NASDAQ: RGTI) are skyrocketing on Thursday. The quantum computing start-up's stock surged 10.5% as of 2:50 p.m. ET and was up as much as 12.3% earlier in the day. The rise comes as the S&P 500 gained 1.3% and the Nasdaq Composite rose 1.8%.The quantum computing company i...The Motley Fool
Thu, May 8
Canadian Natural reports first-quarter profit beat and record oil and gas output
Canadian heavy crude trading at extremely tight discount to WTI Canadian producers see benefits from Trans Mountain pipeline expansionPathways group hoping to resume negotiations with government By Amanda Stephenson and Vallari Srivastava May 8 (Reuters) - Canadian Natural Resources Ltd CNQ....Reuters
Thu, May 8
Openlane Inc reports results for the quarter ended March 31 - Earnings Summary
Openlane Inc KAR.N reported quarterly adjusted earnings of 31 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 19 cents. The mean expectation of seven analysts for the quarter was for earnings of 21 cents per share. Wall Stre...Reuters
Thu, May 8
SandRidge Energy Inc reports results for the quarter ended March 31 - Earnings Summary
SandRidge Energy Inc SD.N reported quarterly adjusted earnings of 39 cents per share for the quarter ended March 31. The lone analyst forecast for the quarter was for earnings of 43 cents per share. Revenue was $42.60 million; analysts expected $43.32 million. SandRidge Energy Inc shares had fal...Reuters
Thu, May 8
Why AppLovin Stock Surged Higher This Week
Shares of AppLovin (NASDAQ: APP), an adtech company, spiked by 12.4% this week, according to data compiled by S&P Global Market Intelligence, after the company reported better-than-expected revenue and earnings and said it would sell its gaming division.The sale will not only generate cash for AppLo...The Motley Fool
Thu, May 8
Lee Enterprises Inc reports results for the quarter ended March 31 - Earnings Summary
Lee Enterprises Inc LEE.OQ reported a quarterly adjusted loss of $2.07 per share for the quarter ended March 31. The lone analyst forecast for the quarter was for a loss of 58 cents per share. Revenue was $137.38 million; analysts expected $142.55 million. Lee Enterprises Inc's reported EPS ...Reuters
Thu, May 8
Beyond Meat Inc reports results for the quarter ended March 31 - Earnings Summary
Beyond Meat Inc BYND.OQ reported a quarterly adjusted loss of 67 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -72 cents. The mean expectation of seven analysts for the quarter was for a loss of 48 cents per share. Wall St...Reuters
Thu, May 8
Why MercadoLibre Stock Rocketed Higher on Thursday
Shares of MercadoLibre (NASDAQ: MELI) charged sharply higher on Thursday, gaining as much as 10.6%. As of 2:32 p.m. ET, the stock was still up 6.7%.The catalyst that sent the online retail and fintech specialist higher was its quarterly financial report, which far exceeded expectations.Where to inve...The Motley Fool
Thu, May 8
LENSAR Inc reports results for the quarter ended March 31 - Earnings Summary
LENSAR Inc LNSR.OQ reported a quarterly adjusted loss of $2.32 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -19 cents. The mean expectation of two analysts for the quarter was for a loss of 15 cents per share. Wall Street expect...Reuters
Thu, May 8
