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EMERGING MARKETS-Asian shares up on U.S.-China hopes; Pakistan stocks fall after Indian air strikes
Shares in Manila, Jakarta and Seoul surgeChina to cut bank reserve requirements, ratesFed begins two-day meeting, rates likely on holdBy Roushni Nair May 7 (Reuters) - Asian shares rose and currencies rebounded on Wednesday, lifted by hopes that an upcoming high-level U.S.-China meeting could...Reuters
Wed, May 7
Meet the 9.1%-Yielding Dividend Stock That's a Potential Winner From President Trump's Tariffs
During Whirlpool's (NYSE: WHR) first-quarter earnings call in late April, CEO Marc Bitzer said he believes his company will be a "net winner of a new tariff policy." He has a strong case for thinking so, and it looks likely the appliance maker has real potential to see better days ahead.That said, i...The Motley Fool
Wed, May 7
BREAKINGVIEWS-Attacks cloud India's nascent safe haven status
By Una Galani and Shritama BoseHONG KONG/MUMBAI, May 7 (Reuters Breakingviews) - Skirmishes between India and Pakistan are not new. But the rich world's stake in South Asia is rapidly increasing. That makes the risk of a conflict between the nuclear-armed neighbours harder to ignore for countrie...Reuters
Wed, May 7
WRAPUP 7-US, China to hold ice-breaker trade talks in Geneva on Saturday
Bessent, Greer will hold trade talks with China's He LifengStock markets lifted by prospect of tensions easingU.S.-China tariffs "the equivalent of an embargo", Bessent saysChina injects new monetary stimulus to combat tariff blowBy Andrea Shalal, David Lawder and Laurie Chen WASHINGT...Reuters
Wed, May 7
Prediction: 5 Stocks That'll Be Worth More Than Artificial Intelligence (AI) Stock Nvidia 3 Years From Now
Since the start of 2023, there hasn't been a hotter trend on Wall Street than the evolution of artificial intelligence (AI). Empowering software and systems with tools that allow them to reason and act on their own, and potentially even learn new jobs and skillsets without the need for human oversig...The Motley Fool
Wed, May 7
The Biggest Reason You Can't Retire Only on Social Security (It's Not Benefit Cuts)
There are a good number of retired Americans today who effectively live on Social Security alone. And many people with savings still get the overwhelming majority of their retirement income from the monthly checks Social Security sends them.But if that's your plan for retirement, I'm here to tell yo...The Motley Fool
Wed, May 7
BMW rises on strong Q1 results, confirming FY outlook despite US tariffs
** BMW BMWG.DE rises 2.4%; tops Germany's blue-chip index .GDAXI, among best performers on STOXX 600 index .STOXX** German premium carmaker posts Q1 EBIT of 3.14 bln euros ($3.57 bln) vs year-ago 4.05 bln euros, but above analysts' estimate of 2.76 bln euros, per data compiled by LSEG** Conf...Reuters
Wed, May 7
SCOR rises after 'all the more impressive' Q1
** Shares in French reinsurer SCOR SCOR.PA rise more than 5% after Q1 results beat expectations, with net income of 200 mln euros ($227.20 mln) about 35% ahead of consensus** JP Morgan says it is an "impressive achievement" how the reinsurer managed to deliver a combined ratio of 85% and ad...Reuters
Wed, May 7
Ahold Delhaize jumps to all-time high on Q1 earnings beat
** Shares in supermarket group Ahold Delhaize AD.AS rise about 5% after it reported better-than-expected Q1 core profit and revenue growth ** Ahold reports underlying operating income at EUR 609 mln, above EUR 600 mln seen in company-compiled consensus** "Thanks to a consistent balancing of top ...Reuters
Wed, May 7
Microsoft, Nvidia, Meta Platforms, and Tesla Helped Propel This Vanguard ETF Over 13% Higher in 9 Days. Here's Why It's Still a Buy Now.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »The S&P 500 (SNPINDEX: ^GSPC) closed higher for nine consecutive trading days from April 21 to May 2. It marked the first nine-day winning streak since 2004.The marke...The Motley Fool
Wed, May 7
Legrand tops CAC40 after Q1 data centres-driven beat
** Shares in Legrand LEGD.PA rise about 2.5%, topping France's CAC40 blue-chip index .FCHI, after the French electrical and digital building infrastructure group reported Q1 results above expectations** Q1 sales grew 7.6% organically to 2.28 billion euros ($2.59 billion), above consensus of +4....Reuters
Wed, May 7
2 Artificial Intelligence (AI) Stocks to Buy Before They Soar 105% and 115%, According to Wall Street Analysts
The S&P 500 (SNPINDEX: ^GSPC) has fallen 8% from its high year to date as tariffs imposed by President Trump have raised the probability of a U.S. recession. Nevertheless, the Wall Street analysts below see triple-digit upside in AppLovin (NASDAQ: APP) and MongoDB (NASDAQ: MDB).Michael Pachter at We...The Motley Fool
Wed, May 7
NEWSMAKER-China’s trade tsar He Lifeng takes centre stage in US tariff talks
Vice Premier He to meet U.S. officials on Saturday He initially underwhelmed foreign investors, but has gained confidence and experienceHe described as ideological proponent of state-led growthBy Laurie Chen and Michael Martina BEIJING/WASHINGTON, May 7 (Reuters) - He Lifeng, a longtime confidant...Reuters
Wed, May 7
Warren Buffett's $174 Billion Warning to Wall Street Grows Louder -- and Not Even an S&P 500 Correction Has Quieted It
It's been an eventful week for Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett. On Saturday, May 3, the company held its annual shareholder meeting in Omaha, NE, which typically draws in the neighborhood of 40,000 attendees. It's quite the leap from Berkshire's early days, where its...The Motley Fool
Wed, May 7
PRECIOUS-Gold slips on US-China trade talk hopes; Fed policy on tap
Chinese, U.S. officials to hold ice-breaker meeting in GenevaFed interest rate decision due later in the dayIndia strikes Pakistan over tourist killings; Pakistan says Indian jets downedBy Anushree Mukherjee May 7 (Reuters) - Gold prices dropped on Wednesday as optimism surrounding U.S.-China tra...Reuters
Wed, May 7
Japan's Nikkei snaps 7-day winning streak as US tariff worries weigh
By Kevin Buckland TOKYO, May 7 (Reuters) - Japan's Nikkei share average edged lower on Wednesday, snapping a seven-session winning streak by the tiniest of margins, as pharmaceutical shares sank after U.S. President Donald Trump said he would reveal tariffs on drugs over the next two weeks.Au...Reuters
Wed, May 7
BREAKINGVIEWS-China’s wait-and-see approach exposes policy limit
By Ka Sing Chan HONG KONG, May 7 (Reuters Breakingviews) - China is biding its time ahead of planned trade talks with the United States. On Wednesday, the country's top three regulators announced a raft of new measures but held off on major spending. The reluctance partly stems from the gover...Reuters
Wed, May 7
South African rand flat with global focus on US rate decision
JOHANNESBURG, May 7 (Reuters) - The South African rand was little changed in early trade on Wednesday, as global investors focused on an interest rate decision by the U.S. Federal Reserve later in the day.At 0650 GMT, the rand traded at 18.22 against the dollar ZAR=D3 compared with Tuesday's clo...Reuters
Wed, May 7
EMERGING MARKETS-Asian shares, currencies rally on U.S.-China trade hopes
Shares in Manila, Jakarta and Seoul surgeChina to cut bank reserve requirements, ratesFed begins two-day meeting, rates likely on holdBy Roushni Nair May 7 (Reuters) - Asian shares rose and regional currencies rebounded on Wednesday, lifted by hopes that an upcoming high-level U.S.-China meeting ...Reuters
Wed, May 7
EMERGING MARKETS-Asian shares, currencies rally on U.S.-China trade hopes
Shares in Manila, Jakarta and Seoul surgeChina to cut bank reserve requirements, ratesFed begins two-day meeting, rates likely on holdBy Roushni Nair May 7 (Reuters) - Asian shares rose and regional currencies rebounded on Wednesday, lifted by hopes that an upcoming high-level U.S.-China meeting ...Reuters
Wed, May 7
