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Honda sees full-year profit down 59% as US tariffs bite, postpones Canada EV plans
TOKYO, May 13 (Reuters) - Japan's Honda Motor 7267.T forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to build an EV supply chain in Canada, amid the uncertainty stemming from U.S. President Donald Trump's tariffs.Reuters
Tue, May 13
LIVE MARKETS-STOXX muted as trade war truce celebration ends, earnings rumble on
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.comSTOXX MUTED AS TRADE WAR TRUCE CELEBRATION ENDS, EARNINGS RUMBLE ON Europe's STOXX 600 .STOXX is up 0.1% on Tuesday as the celebrat...Reuters
Tue, May 13
1 Super Stock Down 44% You'll Wish You'd Bought on the Dip, According to Wall Street
Cloud computing is the revolutionary technology that provides businesses with a cost-effective way to shift their operations online. But managing digital infrastructure can be tricky, because websites and online services need to be available 24/7 for customers and employees. That's where Datadog (NA...The Motley Fool
Tue, May 13
Bitcoin Had Its Worst-Ever Post-Halving Performance. Will the Next Halving Be Just as Lackluster?
It has now been slightly more than a year since the last Bitcoin (CRYPTO: BTC) halving took place. Its performance since then has been underwhelming, to say the least. While Bitcoin is up 56% since April 2024, that performance pales in comparison to what happened after three previous halving events....The Motley Fool
Tue, May 13
The Best Russell 2000 ETF to Invest $500 In Right Now
When we think of investing, some of the world's biggest names might pop into our minds -- from Amazon, to Nvidia or Coca-Cola. You'll find these large capitalization players in major indexes such as the S&P 500 (SNPINDEX: ^GSPC) or the Dow Jones Industrial Average (DJINDICES: ^DJI). It's a fantastic...The Motley Fool
Tue, May 13
2 Stocks Near Their 52-Week Lows That Still Aren't Worth Buying
Fundamental investing wisdom tells us to buy stocks with potential when they are trading at a lower valuation. But when a company's prospects look dim, its stock isn't going to be attractive even when trading near its 52-week low. There is plenty of room for struggling companies to dip further, so i...The Motley Fool
Tue, May 13
Want $1 Million in Retirement? Invest $100,000 in These 3 Stocks and Wait a Decade.
Most Americans believe they need at least $1.26 million to retire comfortably, according to Northwestern Mutual's 2025 Planning & Progress Study. Unfortunately, only 3.2% of American retirees have actually saved up more than $1 million across their retirement accounts, according to a recent Federal ...The Motley Fool
Tue, May 13
South African rand flat before local jobs data
JOHANNESBURG, May 13 (Reuters) - The South African rand was little changed in early trade on Tuesday before local jobs data, which economists predict could show a slight rise in unemployment.At 0750 GMT the rand traded at 18.2550 against the dollar ZAR=D3, the same level as at Monday's close.Sta...Reuters
Tue, May 13
3 Seemingly Unstoppable Stocks I'd Sell Right Now
Though Wall Street's major stock indexes have all entered correction territory in 2025, the iconic Dow Jones Industrial Average and benchmark S&P 500 remain firmly in a bull market. Throughout history, bull markets have, on average, lasted substantially longer than bear markets.But just because the ...The Motley Fool
Tue, May 13
India's Hindalco falls on tariff concerns for US unit Novelis
** Hindalco Industries' HALC.NS shares fall 2.4% to 636.6 rupees ** Multiple brokerages flag tariff concerns for the aluminium maker's U.S. unit Novelis** Novelis reported core profit above analysts' expectations in the March quarter on Monday, led by better shipments** However, co's...Reuters
Tue, May 13
Google Parent Alphabet Is Now the Cheapest "Magnificent Seven" Stock. You Might Be Surprised Which Stock Ranks Second.
While a rising tide lifts all boats, an ebbing tide causes boats to move lower. A similar effect is seen with the stock market. When the major market indexes decline, so do most stocks. However, one positive side effect is that these stocks become more attractively valued.We've seen this happen in 2...The Motley Fool
Tue, May 13
Social Security: The Most Critical Questions to Ask Before Claiming Benefits
In some ways, it would probably make seniors' lives easier if Social Security were to just enroll people automatically upon reaching a certain age. In that scenario, seniors would lose the opportunity to boost their benefits with delayed claims. But it would also mean they wouldn't have to rack thei...The Motley Fool
Tue, May 13
Galapagos jumps after it walks back on spinoff, appoints new CEO
** Shares in Galapagos GLPG.AS jump as much as 7% after it backtracked on a plan to split into two listed entities and appointed Henry Gosebruch as its new CEO** Galapagos had said in January it would provide around 2.45 billion euros ($2.72 billion) of cash for the new entity** "We look forward...Reuters
Tue, May 13
We Just Observed the S&P 500 Do Something for Only the 8th Time Since 1950 -- and It Has an Immaculate Track Record of Forecasting What's Next for Stocks
There are a lot of ways to grow your nominal wealth, including buying real estate, investing in Treasury bonds, or purchasing commodities, such as gold, silver, and oil. However, no other asset class can hold a candle to the average annual return generated by stocks over the last century.But even th...The Motley Fool
Tue, May 13
Did You Catch the Latest From Shopify and Axon Enterprise?
In this podcast, Motley Fool analyst Jason Moser and host Ricky Mulvey discuss:The economic outlook from the Federal Reserve and the new U.S. trade deal with the U.K.How Axon Enterprise keeps posting impressive growth numbers.What increased global uncertainty means for Shopify.Then, Ricky continues ...The Motley Fool
Tue, May 13
Japan's Nikkei jumps to 3-month peak on Sino-US tariff truce
By Kevin Buckland TOKYO, May 13 (Reuters) - Japan's Nikkei share average jumped to the highest in almost three months on Tuesday as the U.S. and China agreed to temporarily slash harsh reciprocal tariffs, easing concerns that their trade war could trigger a global recession. The Nikkei .N225 ...Reuters
Tue, May 13
LIVE MARKETS-Europe before the bell: mood tempers after U.S.-China truce
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: MOOD TEMPERS AFTER U.S.-CHINE TRUCEEuropean futures are signalling a slight move higher at the open as the mood...Reuters
Tue, May 13
Australia's Abacus Storage King rebuffs billionaire Kirsh-led buyout offer
Abacus shares rise as much as 3%Abacus net tangible assets come in at A$1.73Citi analysts see higher incoming offerBy Adwitiya Srivastava and Nikita Maria JinoMay 13 (Reuters) - Australia's Abacus Storage King ASK.AX has rejected an A$1.93 billion ($1.23 billion) buyout offer from a consortium l...Reuters
Tue, May 13
GLOBAL MARKETS-Asian stocks stall, dollar wobbles as trade optimism fizzles
US-China tariff pause lifts sentiment but worries linger Traders lower bets of Fed rate cut this year Focus now on economic data, US inflation set for TuesdayBy Ankur Banerjee and Rocky Swift TOKYO, May 13 (Reuters) - A rally in Asian stocks ran out of steam and the dollar stuttered on Tuesday as...Reuters
Tue, May 13
ProMIS Neurosciences Inc reports results for the quarter ended March 31 - Earnings Summary
ProMIS Neurosciences Inc PMN.OQ reported a quarterly adjusted loss of 21 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -19 cents. The lone analyst forecast for the quarter was for a loss of 12 cents per share. Reported reve...Reuters
Tue, May 13
Hungary's Richter announces acquisition of stake in U.S.-based Granata Bio
May 13 (Reuters) - Richter Gedeon Vegyeszeti Gyar Nyrt GDRB.BU says:ANNOUNCES ACQUISITION OF A SIGNIFICANT STAKE IN U.S.-BASED GRANATA BIO -STATEMENTIT WILL BECOME A MAJOR INVESTOR IN GRANATA BIO AND GAIN A SEAT ON GRANATA BIO'S BOARD OF DIRECTORS -STATEMENTCOMPANIES SIGNED A BINDING TERM SHEET ...Reuters
Tue, May 13
LIVE MARKETS-With a hiatus in the trade war, it is back to the grind
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.comWITH A HIATUS IN THE TRADE WAR, IT IS BACK TO THE GRINDWith markets given another reprieve from a global trade war, attention refocuses...Reuters
Tue, May 13
Agenus Inc reports results for the quarter ended March 31 - Earnings Summary
Agenus Inc AGEN.OQ reported a quarterly adjusted loss of $1.03 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-3.04. The mean expectation of four analysts for the quarter was for a loss of $1.65 per share. Wall Street expected r...Reuters
Tue, May 13
Japan's Nikkei jumps to 3-month peak on Sino-US tariff truce
TOKYO, May 13 (Reuters) - Japan's Nikkei share average jumped to the highest in almost three months on Tuesday as the U.S. and China agreed to temporarily slash harsh reciprocal tariffs, easing concerns that their trade war could trigger a global recession.
Reuters
Tue, May 13
Australia's Abacus Storage King rises on rejecting takeover bid
** Abacus Storage King ASK.AX rises as much as 3% to A$1.545; marks biggest intraday pct gain since April 7** Rental storage units provider rejects A$1.93 bln ($1.23 billion) takeover offer from consortium of Ki Corp and U.S.-based Public Storage PSA.N** Says offer did not reflect "compelling va...Reuters
Tue, May 13