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ANALYSIS-Walmart vs Target: tariffs highlight growing divide in fortunes
Walmart to raise prices to offset tariff costs, Target hesitant to do soTarget margins have been hit by higher shrink rates, markdownsWalmart same-store sales have outperformed Target over past three yearsWalmart diversification into advertising and memberships helps profitabilityBy Siddharth Cavale...Reuters
Thu, May 22
Stocks
EMERGING MARKETS-Falling commodity prices pressure Latam assets amid US fiscal concerns
LATAM FX little changed, stocks down 0.11%Mexico's headline inflation risesUkraine bonds slip as tensions escalateBy Nikhil Sharma May 22 (Reuters) - Latin American assets fell on Thursday, pressured by a drop in commodity prices and mounting anxiety over the U.S. fiscal cliff which subdued i...Reuters
Thu, May 22
Forex
FOREX-US dollar modestly recovers, but sentiment still tense; euro wobbles
US house passes Trump tax billTrump bill could add $3.8 trillion to debt over next decadeEuro drops on soft dataUS jobless claims suggest stable labor market so farBitcoin hits record high By Gertrude Chavez-Dreyfuss and Samuel Indyk NEW YORK/LONDON, May 22 (Reuters) - The U.S. dollar advanced on...Reuters
Thu, May 22
Stocks
Adtech firm MNTN poised to jump in NYSE debut after $187 million IPO
** MNTN, an advertising platform for internet-connected TVs which has Ryan Reynolds as its chief creative officer, set to open up to 25% above offer price in their New York Stock Exchange debut on Thursday** Stock recently indicated to open between $18-$20 vs $16 IPO price** MNTN and some existing i...Reuters
Thu, May 22
Forex
ECB's Nagel: market felt close to 'nuclear meltdown' after tariffs
BANFF, Alberta, May 22 (Reuters) - Financial markets appeared close to "nuclear meltdown" after the United States announced sweeping tariffs on April 2, European Central Bank policymaker Joachim Nagel said on Thursday, arguing this helped discipline the U.S. administration.U.S. stocks, bonds...Reuters
Thu, May 22
Other
Russia says it has received a list of POWs from Ukraine for upcoming swap, IFX cites Kremlin
MOSCOW, May 22 (Reuters) - Russia has received a list of names from Ukraine with the details of 1,000 prisoners of war that Kyiv wants freed in the largest exchange of its kind, the Kremlin said on Thursday, Russia's Interfax news agency reported.Interfax reported earlier on Thursday that Moscow...Reuters
Thu, May 22
Other
Adtech MNTN and investors raise $187.2 million in US IPO
May 22 (Reuters) - Marketing tech firm MNTN and some investors raised $187.2 million in a U.S. initial public offering, the company said on Wednesday, setting the stage for another closely watched listing that was delayed amid the "Liberation Day" market downturn. MNTN and some of its invest...Reuters
Thu, May 22
Cryptocurrencies
UK court partially dismisses $13.3B lawsuit against Binance
The Court of Appeal in the UK partly dismissed a lawsuit that Bitcoin SV investors had filed against Binance and other major crypto exchanges for allegedly working together to take down the token in 2019. These investors had asked for $13,397,932,170 in damages, saying that Binance’s and others removal of BSV from its list of […]Cryptopolitan
Thu, May 22
Other
JPMorgan To Lend More Than $7 Billion For OpenAI Data Center - The Information
May 22 (Reuters) - JPMORGAN HAS ALREADY LENT $2.3 BILLION FOR THE FIRST TWO ABILENE, TEXAS., DATA CENTERS - THE INFORMATIONJPMORGAN TO LEND MORE THAN $7 BILLION FOR OPENAI DATA CENTER - THE INFORMATIONSource text: https://tinyurl.com/472wawwhReuters
Thu, May 22
Stocks
Better Weight Loss Stock: Amgen or Viking Therapeutics?
Investors looking to cash in on the fast-growing market for weight management medicines will naturally turn to the two leaders in this area, Eli Lilly and Novo Nordisk. However, several other companies seem to have somewhat promising prospects in this field. This group includes Amgen (NASDAQ: AMGN) ...The Motley Fool
Thu, May 22
Other
Trump aide Witkoff to travel to Rome on Friday for Iran talks, source says
WASHINGTON, May 22 (Reuters) - U.S. special envoy Steve Witkoff will travel to Rome on Friday for a new round of talks with an Iranian delegation over Tehran's nuclear program, a source briefed on the matter said on Thursday.It will be the fifth such round of talks. The source, speaking on condi...Reuters
Thu, May 22
Other
Connecticut diocese's $31 million settlement for abuse survivors approved
By Mia MacGregorMay 22 - (The Insurer) - A U.S. bankruptcy court judge has approved the Diocese of Norwich’s Chapter 11 joint plan of reorganisation, establishing a settlement fund of $31 million to compensate survivors of sexual abuse, some of which will be funded by insurance. The approval marks t...Reuters
Thu, May 22
Stocks
Barclays: Q1 results good ’but could be the last carryover of 2024 momentum’
Investing.com -- In its U.S. equity insights note Thursday, Barclays (LON:BARC) said first-quarter 2025 earnings were “good (in some aspects very good)” across the S&P 500, but warned the performancInvesting.com
Thu, May 22
Commodities
Silver Price Forecast: Silver retreats from seven-week highs
Silver (XAG/USD) reverses sharply lower on Thursday after briefly testing $33.70, its highest level in seven weeks, showing signs of near-term fatigue after a strong upside breakout on Wednesday to trade around $32.95 during the American session.
Fxstreet
Thu, May 22
Other
Hinge Health, shareholders raise $437.3 million in US IPO
May 22 (Reuters) - Hinge Health and its selling stockholders raised $437.3 million in its U.S. initial public offering, the digital health startup said on Wednesday, after pricing its shares at the higher end of the marketed range. The company sold about 8.52 million shares and its shareholders,...Reuters
Thu, May 22
Stocks
LIVE MARKETS-Thursday data jamboree: Jobless claims, flash PMI, existing home sales
S&P 500, Dow edge red; Nasdaq up ~0.5%Comm Svcs leads S&P sector gainers; Utilities weakest groupEuro STOXX 600 index down ~0.9%Dollar up; bitcoin rallies >2%; gold dips; crude down >1%US 10-Year Treasury yield edges down to ~4.58%Welcome to the home for real-time coverage of markets b...Reuters
Thu, May 22
