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GLOBAL MARKETS-Stocks drift lower on lack of trade progress, dollar slips again
Stocks dip ahead of Wednesday's Fed policy decision Investors await trade deals between US and partnersAsian FX in the spotlight after Taiwan dollar's surge By Samuel Indyk and Ankur Banerjee LONDON, May 6 (Reuters) - Global stocks drifted lower on Tuesday and the dollar dipped against ma...Reuters
Tue, May 6
Hong Kong central bank cuts duration in US treasury holdings
HONG KONG, May 6 (Reuters) - Hong Kong's de-facto central bank has been reducing duration in holdings of U.S. treasuries US10YT=RR, its chief said on Tuesday, diversifying into other currencies and assets as volatility grows in dollar bonds.The Hong Kong dollar has been among Asian units rallyin...Reuters
Tue, May 6
Got $1,000 to Invest? This Top High-Yield Dividend Stock Is a No-Brainer Buy Amid Current Uncertainty.
There's a lot of uncertainty in the stock market these days. Tariffs could drive a resurgence in inflation and cause a global economic slowdown, and these headwinds could impact the profitability of many companies. However, Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP) is in a strong position to...The Motley Fool
Tue, May 6
Why Viking Therapeutics Stock Surged Nearly 20% Higher in April
One of the best catalysts for a stock's rise is the withdrawal of a rival. That was an important dynamic behind the double-digit-percentage rise of biotech Viking Therapeutics' (NASDAQ: VKTX) stock in April. Another was a looming late-stage clinical trial of a closely watched pipeline drug that's lo...The Motley Fool
Tue, May 6
2 Tech Stocks That Could Help Set You Up for Life
Finding growth technology stocks at a reasonable price in today's market is not easy. Despite some major ups and downs during 2020, 2022, and now 2025, technology stocks have generally gone on a tear since the Great Recession of 2008-09, making investors a fortune in the process. Today, a lot of the...The Motley Fool
Tue, May 6
Here Is My Top Artificial Intelligence (AI) Stock to Buy in May
Some investors who didn't buy artificial intelligence (AI) stocks last year may have worried that they missed their chance. Many of these stocks had soared, with valuations reaching sky-high levels, on optimism the technology would be the next big game changer -- as the internet was many years ago. ...The Motley Fool
Tue, May 6
Why Chewy Stock Crushed It in April
Many investors spent April worrying about the effect of the still-fresh tariff war on their holdings. To hedge against this concern, they sought out stocks considered to be relatively well insulated from possible sudden price spikes of materials and components made abroad.Enter Chewy (NYSE: CHWY), t...The Motley Fool
Tue, May 6
UK's Argentex resumes trading after two weeks; stock plummets
May 6 (Reuters) - ** Shares of currency risk management firm Argentex AGFX.L sink more than 91% to an all-time low of 4.73p** Co resumes trading on the AIM index, following temporary suspension of shares on April 22 due to liquidity crunch** Revolving credit facility of 20 mln pounds ($26.6 mln) ...Reuters
Tue, May 6
3 Leading Tech Stocks to Buy in 2025
It's been a rough year for many tech stocks. The Trump administration's tariffs, the intensifying trade wars, and other macro headwinds have all made it difficult to invest in tech companies, which rely heavily on overseas supply chains and healthy economies.However, a handful of tech stocks are res...The Motley Fool
Tue, May 6
Don't Sweat Amazon's Tariff Impact. Here's Why the Stock Remains a No-Brainer Buy.
Amazon (NASDAQ: AMZN) announced its 2025 first-quarter results following the market close on Thursday. It beat Wall Street's earnings estimates for the first quarter of 2025. The e-commerce and cloud services giant met analysts' Q1 revenue expectations, raking in a whopping $155.7 billion. But worri...The Motley Fool
Tue, May 6
Zalando beats first-quarter sales forecast despite 'cautious' consumers
Zalando revenue up 7.9%, GMV up 6.5% in Q1Zalando confirms guidance despite 'fast-changing' environmentTikTok Shop starts using ZEOS logistics service in EuropeBy Helen Reid LONDON, May 6 (Reuters) - European online fashion retailer Zalando ZALG.DE reported first-quarter revenue that was ...Reuters
Tue, May 6
5 Reasons to Buy Realty Income Stock Like There's No Tomorrow
Over the past few months, the Trump Administration's unpredictable tariffs, the intensifying trade wars, and fears of a global recession drove many investors away from higher-risk stocks. Elevated interest rates also kept them locked into certificates of deposits (CDs), T-bills, and bonds.In this ki...The Motley Fool
Tue, May 6
Indian pharma stocks drop 1% after Trump signs order to boost US drug manufacturing
** Indian pharma stocks .NIPHARM down 1%** Sixteen stocks in 20-member Nifty Pharma index trade in the red** U.S. President Donald Trump signed executive order overnight aiming to reduce time taken to approve pharmaceutical plants in the country** Move meant to boost local drug manufacturing in U.S....Reuters
Tue, May 6
Prediction: The Block Sell-Off Is a Buying Opportunity
Block (NYSE: XYZ) got blocked by a number of potential investors after the fintech company's first-quarter earnings disappointed the market. The stock is now trading down more than 46% on the year as of this writing, following its recent sell-off.While best known for its original Square business, it...The Motley Fool
Tue, May 6
Got $1,000? 2 Top Growth Stocks to Buy That Could Double Your Money
The concerns around tariffs and the impact on the economy triggered a sharp sell-off for stocks recently. But this uncertainty hasn't seemed to slow the momentum for the artificial intelligence (AI) market. Top companies enabling the AI era are still in position to deliver significant returns for in...The Motley Fool
Tue, May 6
3 Top Dividend Stocks to Buy in May
Despite the volatility in the broader stock market, the S&P 500 index (SNPINDEX: ^GSPC) is still offering investors a tiny dividend yield of just 1.3%. You can do much better than that with companies like NextEra Energy (NYSE: NEE), Chevron (NYSE: CVX), and Enbridge (NYSE: ENB), which offer yields a...The Motley Fool
Tue, May 6
Warren Buffett Just Sent Wall Street a $174 Billion Warning. Here's What Investors Absolutely Must Know.
Warren Buffett has led Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) for six decades, during which he turned what began as a small textile mill into a trillion-dollar conglomerate. Berkshire stock has returned 20% annually since Buffett took control in 1965, due in large part to savvy acquisitions ...The Motley Fool
Tue, May 6
Should You Buy Airbnb Stock Before May 13?
For years, Airbnb (NASDAQ: ABNB) has been teasing the idea of expanding the business "beyond the core."The home-sharing marketplace is now set to unveil its first big initiative on that front on May 13 as the company said in its first-quarter shareholder letter that it would "go beyond places to sta...The Motley Fool
Tue, May 6
3 Stocks That Could Be Easy Wealth Builders
Contrary to a common assumption, making big investment gains doesn't necessarily require constant monitoring of your portfolio or taking on extreme risks. Scaling back your risk and dialing back your trading activity, in fact, could actually improve your overall performance. The key is simply findin...The Motley Fool
Tue, May 6
Indian pharma stocks drop 1% after Trump signs order to boost U.S. drug manufacturing
** Indian pharma stocks .NIPHARM down 1.14%** Eighteen stocks in 20-member Nifty Pharma index trade in the red** U.S. President Donald Trump signed executive order overnight aiming to reduce time taken to approve pharmaceutical plants in the country** Move meant to boost local drug manufacturing in ...Reuters
Tue, May 6
