News
Important Only
Stocks
Analog Devices rises on strong third-quarter forecast
** Shares of chip maker Analog Devices ADI.O rise 3% to $229 in premarket trading** ADI expects adjusted Q3 profit per share to be $1.92 +/- 10 cents, above estimates of $1.83** Q3 revenue forecast to be $2.75 billion +/- $100 million, above estimates of $2.62 billion - as per data compiled by LSEG*...Reuters
Thu, May 22
Other
Global vaccine and health bodies could team up more to tackle US-led funding crisis
Global health sector faces funding crunch after aid cutsVaccine group Gavi and the Global Fund to Fight Aids, Tuberculosis and Malaria mull merging some functions Closer collaboration will help countries, they sayBy Jennifer Rigby LONDON, May 22 (Reuters) - Two global health groups that fund bill...Reuters
Thu, May 22
Indices
USD consolidates as Treasurys steady – Scotiabank
The US Dollar (USD) is consolidating. Global market sentiment remains soft, following yesterday’s hefty US equity market losses. Asian and European stocks are down and US equity futures are narrowly mixed, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Thu, May 22
Stocks
StandardAero down after Carlyle, GIC chop stakes in $840 mln secondary offering
** Shares of aircraft maintenance services firm StandardAero SARO.N down 0.7% before the bell to $28.18 after secondary offering priced ** Scottsdale, Arizona-based firm co late Weds announced 30 mln shares offloaded by PE firm Carlyle CG.O and Singapore's sovereign weal...Reuters
Thu, May 22
Other
India's Sun Pharma posts quarterly profit rise on strong demand for rare disease drugs
May 22 (Reuters) - Sun Pharmaceutical SUN.NS, India's largest drugmaker by revenue, reported a rise in adjusted quarterly profit on Thursday, driven by strong domestic demand for its drugs to treat rare diseases.The Mumbai-based firm's consolidated profit before exceptional items and tax ros...Reuters
Thu, May 22
Forex
EUR soft but in range as markets digest disappointing PMIs/stronger IFO – Scotiabank
Euro (EUR) is entering Thursday’s NA session with a 0.3% decline against the US Dollar (USD) and underperforming most of the G10 currencies with the exception of SEK and NZD, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Thu, May 22
Stocks
Melius Research downgrades Marvell Technology on concerns over custom silicon business
** Brokerage Melius Research downgrades chipmaker Marvell technology MRVL.O to "hold", sets PT at $66** PT still implies 9.8% upside to the stock's last close** Brokerage previously expected Marvell to do well due to its custom silicon business, but now thinks this may not happen** Flags...Reuters
Thu, May 22
Other
Israelis feel besieged by global antisemitism after Washington attacks
By Dedi Hayun and Emily Rose JERUSALEM, May 22 (Reuters) - When Jerusalem resident Ziv Halsband woke up to news that two staff members of the Israeli embassy in Washington had been killed, the software developer came to a disturbing conclusion: Jews were not safe anywhere."We hope that Trump ...Reuters
Thu, May 22
Stocks
London stocks fall as US fiscal worries, UK budget deficit hit sentiment
FTSE 100, FTSE 250 slide 0.7%UK budget deficit comes in at 20 billion pounds in AprilUK business downturn eases, PMI data showsJohnson Matthey jumps on Honeywell deal May 22 (Reuters) - London equities fell on Thursday in broad-based declines as concerns over a deteriorating fiscal outlook in the...Reuters
Thu, May 22
Cryptocurrencies
Best Altcoins to Buy as Bitcoin Explosion Promises New Altcoin Season
After hitting ATH after ATH, Bitcoin ($BTC) is now edging close to the $111K mark after briefly touching it earlier today. A combination of institutional demand, supply-side dynamics, and broader macroeconomic conditions has driven $BTC’s recent surge to a record high. As $BTC dominates the spotligh...Bitcoinist
Thu, May 22
Forex
AUD/USD slips below 0.6420 ahead of US PMI data
The Australian Dollar (AUD) inches lower against the US Dollar (USD) on Thursday, erasing earlier gains. The AUD/USD pair is holding within a narrow range, down 0.50% at the time of writing, to trade around 0.6420 in the European trading hours.
Fxstreet
Thu, May 22
Other
Neo Performance Materials exits China separation facilities
May 22 (Reuters) - Canadian rare earths company Neo Performance Materials NEO.TO said on Thursday it has exited from its China separation facilities, helping it reduce its exposure to volatile pricing and free up working capital and cash balances.Reuters
Thu, May 22
Forex
EXCLUSIVE-EU to delay bank rules as it waits for Trump's deregulation moves, sources say
Basel III trading book rules likely to be delayed to 2027US has stalled implementation of Basel III packageDelay reflects industry concerns about competitivenessBy Francesco Canepa, Jan Strupczewski and Giuseppe Fonte FRANKFURT, May 22(Reuters) - The European Union is set to delay new, global rul...Reuters
Thu, May 22
Other
Lucid Diagnostics Files Prospectus For Potential Offer, Sale From Time To Time Of Up To 37 Million Shares Of Common Stock By Selling Stockholders
May 22 (Reuters) - Lucid Diagnostics Inc LUCD.O:LUCID DIAGNOSTICS FILES PROSPECTUS FOR POTENTIAL OFFER, SALE FROM TIME TO TIME OF UP TO 37 MILLION SHARES OF COMMON STOCK BY SELLING STOCKHOLDERSSource text: [ID:n0001641172-25-011959]Reuters
Thu, May 22
Stocks
3 No-Brainer Artificial Intelligence (AI) Stocks to Buy Right Now
Although the market has rebounded recently, multiple AI stocks still look like great long-term buys. Investors need to look past the price they could have bought them for just a month ago, as those prices are long gone. Furthermore, investors shouldn't sit on the sidelines waiting for another drop, ...The Motley Fool
Thu, May 22
