News
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Commodities
US Cash Crude-Crude grades largely strengthen as WTI/Brent spread widens
May 29 (Reuters) - U.S. cash crude grades largely strengthened on Thursday, dealers said, as U.S. crude's discount to the international benchmark Brent widened. A wider spread encourages foreign buying of U.S. crude. U.S. crude futures' discount to Brent WTCLc1-LCOc1 widened to as much as mi...Reuters
Thu, May 29
Cryptocurrencies
US SEC voluntarily dismisses lawsuit against Binance
May 29 (Reuters) - The U.S. Securities and Exchange Commission voluntarily dismissed its lawsuit against Binance, the world's largest cryptocurrency exchange, a Thursday court filing shows.A joint stipulation of dismissal signed by lawyers for the SEC, Binance and Binance founder Changpeng Zhao ...Reuters
Thu, May 29
Stocks
GLOBAL MARKETS-Stocks gain, dollar weakens as court battle over tariffs take center stage
U.S. appeals court reinstate tariffsWall Street stocks finish higherDollar loses ground against safe havensOil prices settle lower, gold rises By Chibuike Oguh NEW YORK, May 29 (Reuters) - Global stocks rose while the U.S. dollar weakened on Thursday as markets digested an ongoing court battle ov...Reuters
Thu, May 29
Commodities
CIF/FOB Gulf Grain-Corn barge bids flat to weaker, US export demand slows
CHICAGO, May 29 (Reuters) - Basis bids for corn delivered by barge to U.S. Gulf Coast terminals were mostly flat to down on Thursday as South American suppliers offered cheaper grain on the global market, traders said.Brazil is offering corn at values 10 cents below the U.S. Gulf from July through D...Reuters
Thu, May 29
Forex
FOREX-US dollar drops as investors prepare for court battle on tariffs
Tariff concerns weigh on US currencyJobless claims rise in latest weekFiscal issues remain in focus as Congress works on tax and spending billBy Karen Brettell NEW YORK, May 29 (Reuters) - The dollar fell on Thursday as investors prepared for U.S. President Donald Trump to battle a U.S. trade cou...Reuters
Thu, May 29
Other
Nvidia, Dell to supply next US Department of Energy supercomputer
By Stephen Nellis BERKELEY, California, May 29 (Reuters) - The U.S. Department of Energy on Thursday said its "Doudna" due in 2026 will use technology from Nvidia and Dell.The computer, named for Nobel Prize-winning scientist Jennifer Doudna who made key CRISPR gene-editing discoveries, w...Reuters
Thu, May 29
Other
Creditors of Brazil's Braskem skeptical of Tanure bid, say sources
Sources say banks were surprised by Tanure's offerLenders prefer restructuring, share sale plan, sources sayTanure says he is committed to long-term investment in BraskemBy Luciana Magalhaes SAO PAULO, May 29 (Reuters) - Brazil's government and major banks, key creditors of Braskem BRKM5....Reuters
Thu, May 29
Stocks
Zscaler Inc reports results for the quarter ended April 30 - Earnings Summary
Zscaler Inc ZS.OQ reported quarterly adjusted earnings of 84 cents per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 88 cents. The mean expectation of thirty nine analysts for the quarter was for earnings of 75 cents per share. Wall ...Reuters
Thu, May 29
Stocks
Gap Inc reports results for the quarter ended April 30 - Earnings Summary
Gap Inc GAP.N reported quarterly adjusted earnings of 51 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 41 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 45 cents per share. Wall Street ...Reuters
Thu, May 29
Stocks
Red Robin Gourmet Burgers Inc reports results for the quarter ended March 31 - Earnings Summary
Red Robin Gourmet Burgers Inc RRGB.OQ reported quarterly adjusted earnings of 19 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -80 cents. The mean expectation of four analysts for the quarter was for a loss of 49 cents per...Reuters
Thu, May 29
Stocks
Ulta Beauty up after raising annual profit forecast
** Shares of cosmetics seller Ulta Beauty ULTA.O up 9.5% at $461.99 in extended trading** ULTA expects annual profit to be in the range of $22.65 to $23.20 per share, vs prior forecast of $22.50 to $22.90 per share** Expects fiscal 2025 comparable sales in the range of flat to up 1.5%, vs earlier fo...Reuters
Thu, May 29
Stocks
UiPath Inc reports results for the quarter ended April 30 - Earnings Summary
UiPath Inc PATH.N reported quarterly adjusted earnings of 11 cents per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 13 cents. The mean expectation of twenty one analysts for the quarter was for earnings of 10 cents per share. Wall S...Reuters
Thu, May 29
Stocks
PagerDuty Inc reports results for the quarter ended April 30 - Earnings Summary
PagerDuty Inc PD.N reported quarterly adjusted earnings of 24 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 17 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 19 cents per share. Wall S...Reuters
Thu, May 29
Stocks
NetApp Inc reports results for the quarter ended April 30 - Earnings Summary
NetApp Inc NTAP.OQ reported quarterly adjusted earnings of $1.93 per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of $1.80. The mean expectation of seventeen analysts for the quarter was for earnings of $1.90 per share. Wall Street ex...Reuters
Thu, May 29
Stocks
Ulta Beauty Inc reports results for the quarter ended April 30 - Earnings Summary
Ulta Beauty Inc ULTA.OQ reported quarterly adjusted earnings of $6.72 per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of $6.47. The mean expectation of twenty six analysts for the quarter was for earnings of $5.81 per share. Wall Str...Reuters
Thu, May 29
Stocks
Costco Wholesale Corp reports results for the quarter ended May 31 - Earnings Summary
Costco Wholesale Corp COST.OQ reported quarterly adjusted earnings of $4.28 per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of $3.78. The mean expectation of twenty nine analysts for the quarter was for earnings of $4.24 per share. Wal...Reuters
Thu, May 29
