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Stocks
Why Vail Resorts Stock Soared on Wednesday
The return of a leader was the news driving Vail Resorts (NYSE: MTN) stock up toward a peak on Wednesday. The company's share price popped by almost 9% on the day after this development hit the headlines, comparing most favorably to the S&P 500's (SNPINDEX: ^GSPC) 0.6% decline.The former and current...The Motley Fool
Wed, May 28
Stocks
Nordson beats quarterly revenue estimates helped by growth in medical business
May 28 - Dispensing equipment maker Nordson NDSN.O beat Wall Street estimates for second-quarter revenue and profit on Wednesday, helped by growth in its medical and fluid solutions business. Shares of the Westlake, Ohio-based manufacturer rose more than 3% in extended trading. The medical and fluid...Reuters
Wed, May 28
Stocks
Birkenstock slips as L Catterton to slice stake in secondary offering
** Shares of German sandals maker Birkenstock BIRK.N down 1.9% in extended trading to $53.25 after it launches secondary offering** Co says affiliate of private equity firm L Catterton to sell ~15.7 mln shares ** Concurrently, co to repurchase $200 mln worth of shares, (roughly ~3.7 mln shares) from...Reuters
Wed, May 28
Stocks
This Stock Pays a Monthly Dividend. Here Is How Much You Would Need to Invest to Receive $100 Every Month
When you work at your job, you're trading your time and energy for money. The magic of investing in dividend stocks reverses this concept. When your investments pay you, you can keep more time and energy for yourself, not your boss.Many stocks pay a quarterly dividend, but Realty Income (NYSE: O) wi...The Motley Fool
Wed, May 28
Other
Moderna Says HHS Will Terminate Co's Award For Late-Stage Development Of Pre-Pandemic Influenza Vaccines
May 28 (Reuters) - Moderna Inc MRNA.O:MODERNA: HHS WILL TERMINATE CO'S AWARD FOR LATE-STAGE DEVELOPMENT OF PRE-PANDEMIC INFLUENZA VACCINESMODERNA: WILL EXPLORE ALTERNATIVES FOR LATE-STAGE DEVELOPMENT AND MANUFACTURING OF H5 PROGRAMMODERNA: PHASE 1/2 H5 AVIAN FLU VACCINE STUDY SHOWS POSITIVE INTE...Reuters
Wed, May 28
Commodities
LIVESTOCK-CME lean hog futures up as grilling season kicks off
By Renee Hickman CHICAGO, May 28 (Reuters) - Chicago Mercantile Exchange lean hog futures rose on Wednesday for a second day in a row as stronger demand was anticipated with the spring/summer grilling season getting into gear following the Memorial Day holiday in the U.S. CME most actively trade...Reuters
Wed, May 28
Other
Trump pardons former New York lawmaker Michael Grimm
May 28 (Reuters) - U.S. President Donald Trump signed a full pardon for former U.S. Representative Michael Grimm of New York, who had pleaded guilty to a felony tax evasion charge in 2014, a White House official said on Wednesday.A Republican like Trump, Grimm represented districts that included Sta...Reuters
Wed, May 28
Cryptocurrencies
Ethereum Futures Market Boom As Open Interest Surges To A New Peak
Ethereum has gained bullish traction with the crypto asset reclaiming and surging past the $2,600 price level as Tuesday drew to a close. ETH’s recent upward performance has been attributed to several key factors in ETH’s market dynamics, including the Open Interest (OI). A Sharp Uptick In Ethereum ...Bitcoinist
Wed, May 28
Cryptocurrencies
Crypto Firms Flee Ukraine—Weld Money Becomes Latest To Exit
Ukraine’s crypto card market is shrinking fast. Weld Money, a fintech that let people spend crypto through a Mastercard-linked card, is closing its doors in the country. Users have been told to pull out their money by the end of next month or risk losing access. Related Reading: Tether’s 2-Year, $5 ...NewsBTC
Wed, May 28
Cryptocurrencies
Ruvi AI (RUVI) Set to Lead 2025 with a 13,233% ROI, Leaving Avalanche’s (AVAX) ATH in the Dust
Ruvi AI (RUVI) is getting a lot of attention with a 13,233% ROI by 2025. That’s a big deal compared to Avalanche (AVAX) all time high (ATH) which now looks small in comparison. Avalanche’s ATH and Place in Blockchain Avalanche (AVAX) is a major player in blockchain. Known for fast transactions and interoperability, Avalanche has […]Cryptopolitan
Wed, May 28
Cryptocurrencies
Dogecoin Price Prediction: Can DOGE Reach $1 Before Mutuum Finance (MUTM) Does It?
As the crypto market anticipates the next bull run, investors are closely watching whether Dogecoin (DOGE) can achieve the long-sought $1 milestone before emerging contenders like Mutuum Finance (MUTM). Mutuum Finance (MUTM) has passed Phase 4 of its presale, raising a total of $9.4 million from over 11,300 purchasers of its tokens. The official presale […]Cryptopolitan
Wed, May 28
Other
US defence chief looks to woo allies in Asian security forum debut
Hegseth set to make debut at Asia's premier defence forumAllies concerned about United States' commitmentQuestions linger about Hegseth on the global stageBy Idrees Ali SINGAPORE, May 29 (Reuters) - U.S. Defense Secretary Pete Hegseth will try to convince Asian defence leaders this weeken...Reuters
Wed, May 28
Commodities
US cancels more $700 million funding for Moderna bird flu vaccine
By Patrick WingroveMay 28 (Reuters) - The Trump administration has cancelled a contract awarded to Moderna MRNA.O for the late-stage development of its bird flu vaccine for humans, as well as the right to purchase shots, according to the drugmaker. Moderna in January was awarded $590 million by the ...Reuters
Wed, May 28
Other
BREAKINGVIEWS-Tireless Nvidia growth exhausts even its valuation
By Robert Cyran NEW YORK, May 28 (Reuters Breakingviews) - Nvidia’s NVDA.O unflagging pace has exhausted even ardent supporters. The chipmaker on Wednesday unveiled yet another quarter of astonishing revenue growth, its $44 billion exceeding the figure from a year earlier by 69%. It would have be...Reuters
Wed, May 28
Cryptocurrencies
The FCA and Bank of England are collaborating to create a stablecoin and crypto regulation regime
The UK’s Financial Conduct Authority (FCA) in collaboration with the Bank of England will be creating and proposing detailed regulations for stablecoins and crypto custody services. The attempt to bring clarity and security to the cryptocurrency industry has reached a new milestone with both the UK’s FCA and the Bank of England collaborating to propose […]Cryptopolitan
Wed, May 28
Other
US to end use of race, gender in highway, transit contracts
USDOT says program's use of race- and sex-based presumptions is unconstitutionalMinority, women advocacy groups say program repeatedly upheld by courts, approved by CongressTrump has sought to end DEI programs across federal government, statesBy David Shepardson and Nate Raymond May 28 (Reute...Reuters
Wed, May 28
Commodities
CIF/FOB Gulf Grain-Corn barge bids mostly steady to lower
CHICAGO, May 28 (Reuters) - Basis bids for corn delivered by barge to U.S. Gulf Coast terminals were mostly steady to lower on Wednesday, traders said.U.S. corn export sales are beginning to slow after demand has been strong, brokers said, noting that some Asian buyers are increasingly booking Brazi...Reuters
Wed, May 28
Other
Magnitude 5.5 earthquake strikes southern Iran region, EMSC says
May 29 (Reuters) - An earthquake of magnitude 5.5 struck the southern Iran region, the European Mediterranean Seismological Centre (EMSC) said on Thursday.The quake was at a depth of 27 kilometers (16.78 miles), EMSC said.Reuters
Wed, May 28
Stocks
EQB Inc reports results for the quarter ended April 30 - Earnings Summary
EQB Inc EQB.TO reported quarterly adjusted earnings of C$2.31 per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of C$2.81. The mean expectation of ten analysts for the quarter was for earnings of C$2.58 per share. Wall Street expected r...Reuters
Wed, May 28
Stocks
REX Financial launches covered call Nvidia ETF hours before earnings release
By Suzanne McGee May 28 (Reuters) - REX Financial launched a single-stock exchange-traded fund tied to Nvidia NVDA.O, the powerhouse chipmaker that has dominated stock market returns over the last two years, on Wednesday morning, hours ahead of the release of Nvidia's earnings.The new fund, t...Reuters
Wed, May 28
