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Stocks
Why Cadence Design Systems Plunged Late in the Day Today
Shares of electronic design automation company Cadence Design Systems (NASDAQ: CDNS) dropped late Wednesday, finishing the day down 10.4%.Cadence is just one of a handful of companies that makes the software semiconductor designers use to design chips. With the increasing variety of chips and number...The Motley Fool
Wed, May 28
Stocks
Elf Beauty to acquire Hailey Bieber-owned Rhode for $1 billion; shares fall
** Shares of makeup company Elf Beauty ELF.N down ~10% at $81.75 after the bell** Model Hailey Bieber's makeup and skincare brand, Rhode, is being snapped up by co for about $1 billion** Elf said it would pay Rhode shareholders $800 million in cash and stock, along with additional potential earn...Reuters
Wed, May 28
Other
Almadex Stakes Pegmatite Dyke Complex With Rare Earth Element Potential In New Mexico, Usa
May 28 (Reuters) - Almadex Minerals Ltd DEX.V:ALMADEX STAKES PEGMATITE DYKE COMPLEX WITH RARE EARTH ELEMENT POTENTIAL IN NEW MEXICO, USAALMADEX MINERALS LTD - SEEKS JOINT VENTURE PARTNER TO EXPLORE PETACA DISTRICTReuters
Wed, May 28
Other
Fly-E Group Inc - And Ul Llc Enter Settlement Agreement - SEC Filing
May 28 (Reuters) - Fly-E Group Inc FLYE.O:FLY-E GROUP INC - AND UL LLC ENTER SETTLEMENT AGREEMENT - SEC FILINGFLY-E GROUP INC - FLY E-BIKE DEFENDANTS TO PAY UL $1 MILLION FOR SETTLEMENT- SEC FILINGSource text: [ID:n0001213900-25-048286]Reuters
Wed, May 28
Other
Intellinetics Inc - Enters ATM Offering Agreement With Lucid Capital Markets - SEC Filing
May 28 (Reuters) - Intellinetics Inc INLX.A:INTELLINETICS INC - ENTERS ATM OFFERING AGREEMENT WITH LUCID CAPITAL MARKETS - SEC FILINGINTELLINETICS INC - TO OFFER COMMON STOCK UP TO $10 MILLION - SEC FILINGSource text: [ID:n0001641172-25-012697]Reuters
Wed, May 28
Other
TAT Technologies Ltd Files For Offering Of 1.6 Million Ordinary Shares - SEC Filing
May 28 (Reuters) - TAT Technologies Ltd TATT.TA:TAT TECHNOLOGIES LTD FILES FOR OFFERING OF 1.6 MILLION ORDINARY SHARES - SEC FILINGTAT TECHNOLOGIES LTD FILES FOR OFFERING OF 2.5 MILLION ORDINARY SHARES BY SELLING SHAREHOLDERS - SEC FILINGSource text: [ID:n0001178913-25-001995]Reuters
Wed, May 28
Other
CMS Demands Immediate Action From Hospitals Failing To Meet Quality And Financial Oversight Standards In Pediatric Gender Procedures
May 28 (Reuters) - CMS DEMANDS IMMEDIATE ACTION FROM HOSPITALS FAILING TO MEET QUALITY AND FINANCIAL OVERSIGHT STANDARDS IN PEDIATRIC GENDER PROCEDURESCMS: SENT A LETTER TO SELECT HOSPITALS PERFORMING PEDIATRIC SEX TRAIT MODIFICATION PROCEDURES OUTLINING URGENT CONCERNS - WEBSITEReuters
Wed, May 28
Stocks
US STOCKS-Indexes end down ahead of Nvidia results; chip designers fall late
Nvidia results due after the bellDick's Sporting Goods up after first-quarter results beatIndexes: Dow down 0.6%, S&P 500 down 0.6%, Nasdaq down 0.5%By Caroline Valetkevitch NEW YORK, May 28 (Reuters) - U.S. stock indexes closed lower on Wednesday as investors digested minutes from th...Reuters
Wed, May 28
Other
MercadoLibre's fintech unit to apply for banking license in Argentina
SAO PAULO, May 28 (Reuters) - Latin American e-commerce giant MercadoLibre MELI.O said on Wednesday its fintech unit Mercado Pago will apply for a banking license in Argentina.In a statement, Mercado Pago said the move is aimed at expanding services, investment tools and credit lines, noting it was ...Reuters
Wed, May 28
Stocks
Salesforce gains on 2026 revenue forecast raise
** Shares of enterprise software provider Salesforce CRM.N rise 4.5% to $288 in extended trading** Company expects fiscal 2026 revenue forecast to be between $41 billion and $41.3 billion compared with prior forecast range of $40.5 billion to $40.9 billion** CRM reports Q1 revenue of $9.83 billion v...Reuters
Wed, May 28
Stocks
CANADA STOCKS-TSX ekes out another record high as bank earnings impress
TSX ends up 0.1%, at 26,283.45Posts new record closing highBMO gains 1.5% and National Bank adds 3.8%Definity Financial jumps 11.3%.By Fergal Smith May 28 (Reuters) - Canada's main stock index edged up on Wednesday to a record closing high as investors cheered quarterly earnings from some of...Reuters
Wed, May 28
Stocks
SentinelOne cuts annual revenue forecast
May 28 (Reuters) - SentinelOne S.N trimmed its annual revenue forecast on Wednesday, signaling cautious spending by businesses amid economic uncertainty, sending it shares down over 12% in extended trading. The company cut its annual revenue forecast to between $996 million and $1 billion, compar...Reuters
Wed, May 28
Other
US to ban foreign officials over 'flagrant censorship' on social media
Restrictions on visiting US an apparent escalation by WashingtonRubio says arrest warrants for social media posts 'unacceptable'EU officials defend content moderation as fighting hate speech, child pornBy Simon Lewis and Daphne Psaledakis WASHINGTON, May 28 (Reuters) - The U.S. wi...Reuters
Wed, May 28
Economic Indicator
Starting law firm associate pay has been flat since 2023, NALP reports
By Karen Sloan May 28 (Reuters) - The median base salary for first-year associates at U.S. law firms did not budge over the past two years despite some large law firms raising starting pay to $225,000, according to the National Association for Law Placement.First-year associates earned a median b...Reuters
Wed, May 28
Economic Indicator
Nvidia forecasts second-quarter revenue below estimates
May 28 (Reuters) - Nvidia NVDA.O forecast second-quarter revenue below market estimates on Wednesday, expecting a major hit to sales from tighter U.S. curbs on exports of its AI chips to key semiconductor market China.The artificial intelligence market bellwether expects revenue of $45 billion, plus...Reuters
Wed, May 28
Other
THE DAY AHEAD-North America, May 29
To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS - U.S Companies or Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/TDA-subscription-page For Morning News Call U.S. -- a...Reuters
Wed, May 28
Other
Sean 'Diddy' Combs allegedly threatened to leak sex tapes of his ex
Hip-hop mogul threatened release to internet, stylist saysCombs fails in bid to have judge declare a mistrialDefense says Combs was not involved in alleged arsonBy Jack Queen and Luc Cohen NEW YORK, May 28 (Reuters) - Sean "Diddy" Combs routinely beat his ex-girlfriend and during fits...Reuters
Wed, May 28
Other
Tennis-Raducanu outclassed by Swiatek but unbowed after French Open defeat
By Shrivathsa Sridhar PARIS, May 28 (Reuters) - Emma Raducanu admitted feeling exposed after a humbling second-round loss to defending French Open champion Iga Swiatek during her maiden appearance on Court Philippe Chatrier but the Briton said the experience had not left her demotivated.Raducanu ...Reuters
Wed, May 28
Stocks
Triumph Group Inc reports results for the quarter ended March 31 - Earnings Summary
Triumph Group Inc TGI.N reported quarterly adjusted earnings of 48 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 31 cents. The mean expectation of eight analysts for the quarter was for earnings of 35 cents per share. Wall...Reuters
Wed, May 28
Stocks
HP cuts annual profit forecast as tariffs weigh on demand, shares fall
By Juby BabuMay 28 (Reuters) - HP Inc HPQ.N cut its annual profit forecast on Wednesday as it expects a moderation in PC market growth at a time when the global economic environment remains volatile, sending its shares down 14% in extended trading.The uncertainty surrounding U.S. tariffs and associa...Reuters
Wed, May 28
