News
Important Only
Stocks
CANADA STOCKS-TSX opens lower as Trump reignites tariff worries
May 23 (Reuters) - Canada's main stock index opened lower on Friday, tracking global peers, amid renewed trade tensions sparked by U.S. President Donald Trump's recommendation of 50% tariffs on European Union imports.At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exchange's S&P/TSX co...Reuters
Fri, May 23
Other
Hezbollah seeks boost in Lebanon vote as disarmament calls grow
Iran-backed Lebanese militant group aims to maintain political sway after pounding in war with IsraelReconstruction aid for Lebanon tied to Hezbollah disarmament, foreign minister saysHezbollah has linked any talks over its arms to Israeli withdrawal from south Lebanon US backs sustainable reconstru...Reuters
Fri, May 23
Stocks
US STOCKS SNAPSHOT-Wall St falls at open after Trump threatens EU, Apple with fresh tariffs
May 23 (Reuters) - Wall Street dropped at the open on Friday after U.S. President Donald Trump recommended 50% tariffs on the European Union, while Apple slid after he warned the company would have to pay tariffs if its phones were not made in the United States.The Dow Jones Industrial Average .DJI ...Reuters
Fri, May 23
Stocks
TSX outperformance could hold, Canada Cycle Indicator nears two-year high - BofA
Investing.com -- The Toronto Stock Exchange S&P/TSX Composite has outpaced the S&P 500 by 5% year-to-date, and Bank of America (NYSE:BAC) Securities expects this momentum to persist. Strategist TysonInvesting.com
Fri, May 23
Stocks
Buckle Inc reports results for the quarter ended April 30 - Earnings Summary
Buckle Inc BKE.N reported quarterly adjusted earnings of 70 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 69 cents. The mean expectation of two analysts for the quarter was for earnings of 70 cents per share. Wall Street e...Reuters
Fri, May 23
Stocks
Booz Allen Hamilton Holding Corp reports results for the quarter ended March 31 - Earnings Summary
Booz Allen Hamilton Holding Corp BAH.N reported quarterly adjusted earnings of $1.61 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.33. The mean expectation of thirteen analysts for the quarter was for earnings of $1.59 per sh...Reuters
Fri, May 23
Cryptocurrencies
Cardano Sees 25% OI Jump In 24 Hours As Bulls Eye Reversal Above $1
Cardano is currently showing a lot of bullish momentum as buyers have been returning to the crypto market. While its price is still below the $1 mark, there have been a lot of activity surrounding the altcoin that could suggest a run-up is on the horizon. These span from rising interest from crypto ...Bitcoinist
Fri, May 23
Cryptocurrencies
Binance’s CZ denies WSJ report that he acted as a ‘fixer’ for Trump’s WLF
Changpeng Zhao (CZ), founder and ex-CEO of Binance has denied allegations made by The Wall Street Journal (WSJ) that he acted as a “fixer” for former President Donald Trump’s crypto venture, World Liberty Financial (WLF). The claims were made in a report published on March 13, which Zhao claims is riddled with “inaccuracies” and is […]Cryptopolitan
Fri, May 23
Stocks
Should Investors Be Concerned About Rivian's Recent Delivery Results?
It seems like ages ago, but many investors forgot that at the end of 2023, Rivian Automotive (NASDAQ: RIVN) arguably had more momentum than any other young electric-vehicle (EV) maker. Sales were still heading higher, and the company had received numerous awards for quality and reception of its R1 v...The Motley Fool
Fri, May 23
Other
German minister: Trump tariffs help nobody, EU will continue talks
May 23 (Reuters) - German Foreign Minister Johann Wadephul on Friday said U.S. President Donald Trump's threat to raise tariffs on European Union trade helped nobody, and that Berlin would continue to support the EU to negotiate with Washington. Speaking alongside his Indian counterpart in Berli...Reuters
Fri, May 23
Forex
Polish trade minister plays down 50% U.S. tariff threat, says US-EU trade talks ongoing
By Jan Strupczewski BRUSSELS, May 23 (Reuters) - Polish Trade Minister Michal Baranowski played down on Friday the threat of the United States imposing 50% tariffs on European goods from June 1 as a move in the ongoing negotiations, underlining there was time for EU-U.S. talks until early Jul...Reuters
Fri, May 23
Other
Bladex Acts as Global Coordinator and Mandated Lead Arranger for Staatsolie $1.6bn Syndicated Credit Facility
May 23 (Reuters) - Foreign Trade Bank of Latin America Inc BLX.N:BLADEX ACTS AS GLOBAL COORDINATOR AND MANDATED LEAD ARRANGER FOR STAATSOLIE US$1.6BN SYNDICATED CREDIT FACILITYFOREIGN TRADE BANK OF LATIN AMERICA INC - PROCEEDS TO FUND STAATSOLIE'S 20% INTEREST IN GRANMORGU PROJECTFOREIGN TRADE B...Reuters
Fri, May 23
Economic Indicator
Canada March retail sales rise 0.8%; seen up 0.5% in April
OTTAWA, May 23 (Reuters) - Canadian retail sales grew by 0.8% in March from February, more than analysts had forecast, and looked set to have increased by 0.5% in April, Statistics Canada data indicated on Friday. The largest increase was the 4.8% gain posted by motor vehicle and parts dealers, t...Reuters
Fri, May 23
Stocks
Why Shares of The Metals Company Are Soaring This Week
Extending the 17% rise of last week, shares of The Metals Company (NASDAQ: TMC) continued climbing higher this week. After a positive article about the deep-sea mining company surfaced last weekend, an analyst's positive take on the company inspired the bulls to continue their buying spree.According...The Motley Fool
Fri, May 23
Commodities
CBOT Trends-Wheat steady-down 3 cents, corn down 1-4, soybeans down 7-9
CHICAGO, May 23 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Friday.NOTE: CBOT agricultural markets will be closed on Monday for the U.S. Memorial Day holiday. WHEAT - Steady to do...Reuters
Fri, May 23
Cryptocurrencies
Trump threatens 50% tariff on EU starting June 1 as trade talks stall
President Donald Trump announced Friday that the United States will impose a 50% tariff on all goods imported from the European Union, starting June 1, citing a complete breakdown in negotiations with the 27-member bloc. Trump made the announcement on Truth Social, writing, “I am recommending a straight 50% Tariff on the European Union,” and […]Cryptopolitan
Fri, May 23
Other
Trump will sign nuclear power orders on Friday, energy chief Wright says
May 23 (Reuters) - U.S. Energy Secretary Chris Wright said that President Donald Trump will sign executive orders on Friday aimed at boosting nuclear power. Reuters reported on Thursday that Trump would sign orders that aim to jumpstart the nuclear energy industry by easing the regulatory process on...Reuters
Fri, May 23
Other
Americans scramble as weight-loss drug discounts fall short, copies face crackdown
Deadline for halting sales of compounded Wegovy passed on ThursdayPatients stockpile copies, take other stepsExperts warn against self-adjusted doses at homeBy Sriparna Roy May 23 (Reuters) - After years of easily available, cheap copies of Eli Lilly's and Novo Nordisk's highly effective...Reuters
Fri, May 23
Other
S&P: Hub set for $6.0 billion of revenue in 2026 as recap aids deleveraging
By David BullMay 23 - (The Insurer) - Hub International’s revenue is expected to “modestly” exceed $5.5 billion in 2025 and reach $6.0 billion next year, with EBITDA margins forecast to remain steady at 34% to 35%, according to S&P Global Ratings.S&P upgraded Hub’s long-term issuer credit ra...Reuters
Fri, May 23
