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Stocks
Why Viasat Is Losing Altitude Today
Satellite communications company Viasat (NASDAQ: VSAT) posted an unexpected quarterly loss, though the company's free cash flow was significantly better than expected.Investors are focused on the headline number, sending Viasat shares down as much as 8% at the open and down 3% as of 10:15 a.m. ET.Wh...The Motley Fool
Wed, May 21
Cryptocurrencies
Arthur Hayes slams Bank of Japan’s bond unwind plan as buyers vanish
Arthur Hayes, co-founder of BitMEX, called out the Bank of Japan on Wednesday over its latest bond-buying retreat, warning that the central bank was heading for disaster. “BOJ ‘bout to get Mike Tyson’d,” Arthur posted on X. “Every central wanker banker has a plan to raise rates until the bond market punches them in the […]Cryptopolitan
Wed, May 21
Cryptocurrencies
Cardano Founder: Crypto’s Crisis Is Cultural, Not Just Technical
Broadcasting live from Buenos Aires, Cardano founder Charles Hoskinson devoted nearly half an hour to a sweeping—and frequently caustic—diagnosis of what he believes ails the crypto asset industry. Speaking from Input Output Global’s new 100-seat office overlooking the Río de la Plata, the Cardano c...Bitcoinist
Wed, May 21
Stocks
Bernstein issues a warning on U.S. auto stocks: The downgrade cycle isn’t over
Investing.com -- Bernstein told investors in a note Wednesday not to be misled by strong second-quarter results in the U.S. auto sector, warning that a downturn looms in the second half of 2025 and inInvesting.com
Wed, May 21
Stocks
Q&A With Wall Street: Uber Stock Analysis
Uber's (NYSE: UBER) management team revealed key insights for investors considering buying or selling the stock.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of May ...The Motley Fool
Wed, May 21
Cryptocurrencies
Can Mutuum Finance (MUTM) Rally 40x in 2 Months? Top New Crypto to Watch Closely
In a market hungry for the next big cryptocurrency, Mutuum Finance (MUTM) is quickly becoming the talk of the town. With its bold vision, early-stage valuation, and rapidly growing buzz, some analysts and early investors believe this rising altcoin could deliver a staggering 40x return in just two months. As traders hunt for the best […]Cryptopolitan
Wed, May 21
Commodities
Silver Price Forecast: XAG/USD extends upside to near $33.20 on US credit downgrade
Silver price (XAG/USD) hits a fresh weekly high to near $33.20 during North American trading hours on Wednesday. The white metal strengthens as the US Dollar (USD) extends its downside on the United States (US) credit rating erosion in the wake of large debt levels and escalated fiscal imbalances.
Fxstreet
Wed, May 21
Other
King Risk acquires New Jersey-based Fidens Insurance Brokers
By Mia MacGregorMay 21 - (The Insurer) - King Risk Partners has acquired Fidens Insurance Brokers, a Red Bank, New Jersey-based firm specializing in commercial insurance. Founded in 2012, Fidens serves clients in various sectors such as construction, financial services, healthcare, manufacturing an...Reuters
Wed, May 21
Forex
South African rand near five-month high before Trump meeting
JOHANNESBURG, May 21 (Reuters) - The South African rand was steady on Wednesday, trading near a five-month high an hour before President Cyril Ramaphosa was set to meet U.S. President Donald Trump to try to improve relations.At 1440 GMT the rand traded at 17.9150 against the dollar ZAR=D3, near its ...Reuters
Wed, May 21
Commodities
US distillate fuel demand fell last week to lowest since April 2024
NEW YORK, May 21 (Reuters) - U.S. four-week average demand for distillate fuel oil, which includes diesel and heating oil, fell to about 3.6 million bpd in the week ended May 16, the lowest since April 2024, data from the Energy Information Administration showed.Product supplied of distillate fuels,...Reuters
Wed, May 21
Other
MSIG USA adds Axis Capital’s Ziegler as CFO, CAO
By Mia MacGregorMay 21 - (The Insurer) - MSIG USA has appointed Kent Ziegler from Axis Capital as chief financial officer and chief administrative officer. Ziegler spent six years at Axis Capital as a global corporate controller and has held leadership roles at Allied World, JPMorgan Chase, and Gulf...Reuters
Wed, May 21
Commodities
US regulator approves Freeport LNG’s restart of Phase 3 facilities
May 21 (Reuters) - U.S. liquefied natural gas company Freeport LNG on Wednesday received approval from the Federal Energy Regulatory Commission to restart operations at its Phase 3 facilities in Texas.The authorization includes LNG Tank 3 and its associated piping at one of the country’s major LNG ...Reuters
Wed, May 21
Other
Afreximbank says it is not participating in debt restructuring negotiations
NAIROBI, May 21 (Reuters) - African Export-Import Bank (Afreximbank) is not participating in debt restructuring negotiations related to any of its member countries, it said in a statement on Wednesday.Ghana and Zambia, member states of the pan-African multilateral financial institution, are undergoi...Reuters
Wed, May 21
Other
Hub launches US consulting practice for PEO services
By Mia MacGregorMay 21 - (The Insurer) - Hub International Limited has launched a U.S. consulting practice to advise clients on working with professional employer organizations (PEOs). These organizations offer outsourced HR services, such as payroll management and benefits administration.Hub’s PEO ...Reuters
Wed, May 21
Other
France summons Israeli ambassador after gunshots at diplomats in West Bank
PARIS, May 21 (Reuters) - France's foreign minister Jean-Noel Barrot said on Wednesday that he would summon the Israeli ambassador after diplomats came under fire by Israeli soldiers in the West Bank town of Jenin.Barrot, writing in a post on social media platform X, called the incident "una...Reuters
Wed, May 21
Other
Ukraine's Zelenskiy says he discussed joint steps with NATO chief Rutte
KYIV, May 21 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Wednesday he had spoken by telephone to NATO Secretary General Mark Rutte, and that they had discussed joint steps and the need to put pressure on Russia to secure "a just peace"."It is important that all decisions ...Reuters
Wed, May 21
Stocks
Here Are My Top 3 Real Estate Dividend Stocks to Buy Now
Investing in real estate stocks can be a great way to generate dividend income. Real estate investment trusts (REITs) must distribute at least 90% of their taxable income to investors to remain in compliance with IRS regulations. Because of that, most of these companies pay above-average dividends. ...The Motley Fool
Wed, May 21
Stocks
Guardian Pharmacy slides as shareholders look to cut stake in secondary offering
** Shares of Guardian Pharmacy Services GRDN.N plunge as much as 18.1%; last down 16.6% at $22.09** Pharmacy services company late Tuesday announced launch of stock offering of 7.5 million shares** About 6.1 million shares are being offered by certain selling stockholders and ~1.4 million newly issu...Reuters
Wed, May 21
