News
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Commodities
US Cash Crude-Coastal grades ease for second straight session
May 20 (Reuters) - Coastal grades eased for a second day on Tuesday, dealers said, as demand for U.S. exports weakened and European and Asian countries looked set to seek more barrels from OPEC+ producers as they raise output.Mars eased 10 cents, while Southern Green Canyon eased 30 cents. WTI Midla...Reuters
Tue, May 20
Other
Nissan North America Targets Nearly $2 Billion In Cost Cuts To Shift Out Of 'Crisis Mode' - Automotive News
May 20 (Reuters) - NISSAN NORTH AMERICA TARGETS NEARLY $2 BILLION IN COST CUTS TO SHIFT OUT OF ‘CRISIS MODE’ - AUTOMOTIVE NEWSSource text: https://www.autonews.com/nissan/an-nissan-to-downsize-us-workforce-0520/Reuters
Tue, May 20
Cryptocurrencies
Range-Bound Ethereum Sees Volatility – High Timeframe Levels Hold The Key
Ethereum is holding strong above the $2,500 mark after a volatile two-week stretch marked by heavy resistance and indecisive price action. While bulls have successfully defended key support levels, ETH continues to struggle against the supply wall just below $2,800. The broader crypto market mirrors...NewsBTC
Tue, May 20
Cryptocurrencies
Coinbase Faces DOJ Heat Over Hack As It Enters S&P Spotlight
Coinbase saw its stock dip on its big day in the S&P 500. It closed at about $263, down from its high. Then came news of a US Justice Department probe into how hackers stole customer data. It’s a sudden turn for the exchange that just replaced Discover Financial Services on the index. Related Re...Bitcoinist
Tue, May 20
Cryptocurrencies
Solana Price Prediction: $250 Next? Investors Watch New Crypto For 23x
Solana (SOL) is surging toward $200, fueled by a potential Golden Cross formation and bullish technical indicators. Trading near $172, the cryptocurrency eyes a 51% rally to $262 if it breaches the $178 resistance. Meanwhile, Mutuum Finance (MUTM) has captured attention as a high-growth presale opportunity. The project raised $8,900,000 and sold over 500 million […]Cryptopolitan
Tue, May 20
Stocks
ZTO Reports First Quarter 2025 Unaudited Financial Results
Parcels Volume Increased 19.1% to 8.5 BillionAdjusted Net Income Grew 1.6% to RMB2.3 BillionAnnual Volume Guidance Reiterated to Grow 20%-24% SHANGHAI, May 21, 2025 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express deliver...PR Newswire
Tue, May 20
Stocks
FinVolution Group Reports First Quarter 2025 Unaudited Financial Results
-First quarter Transaction Volume reached RMB52.1 billion, up 7.9% year-over-year- -First quarter International Transaction Volume reached RMB3.0 billion, up 36.4% year-over-year- -First quarter Revenue reached RMB3,481.0 million, up 10.0% year-over-year- -First quarter International Revenues rea...PR Newswire
Tue, May 20
Stocks
Tuya Reports First Quarter 2025 Unaudited Financial Results
SANTA CLARA, Calif., May 21, 2025 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financ...PR Newswire
Tue, May 20
Commodities
Iran faces U.S. without Plan B as nuclear red lines collide
Differences over enrichment put nuclear talks in balanceNo deal would expose Iran to sanctions, military threat, unrestIran would strengthen ties with China, Russia, officials sayBy Parisa Hafezi and John Irish DUBAI/PARIS, May 20 (Reuters) - While rising U.S.-Iran tensions over Tehran's uran...Reuters
Tue, May 20
Other
Wolfspeed prepares to file for bankruptcy within weeks, WSJ reports
May 20 (Reuters) - Semiconductor supplier Wolfspeed Inc WOLF.N is preparing to file for bankruptcy within weeks, as it struggles to address its debt pile, the Wall Street Journal reported on Tuesday, citing sources familiar with the matter.Reuters
Tue, May 20
Stocks
Why Agilysys Stock Triumphed on Tuesday
Agilysis (NASDAQ: AGYS), a developer of software solutions for the hospitality industry, was a welcome guest in many portfolios Tuesday. That's because the company delivered quarterly results that blew past analyst expectations; as a result, its share price rose a mighty 22% on the day. That was so ...The Motley Fool
Tue, May 20
Commodities
US natgas prices jump 10% on lower output, higher demand and technical buying
US LNG export feedgas hit record high in AprilUS gas output hit record high in AprilUS gas storage about 3% over five-year normalBy Scott DiSavinoMay 20 (Reuters) - U.S. natural gas futures soared about 10% on Tuesday on a decline in daily output, forecasts for more demand next week, long-term forec...Reuters
Tue, May 20
Other
Ultra High Point Holdings Ltd Files For U.S. IPO Of Up To 2.2 Million Ordinary Shares - SEC Filing
ULTRA HIGH POINT HOLDINGS LTD FILES FOR U.S. IPO OF UP TO 2.2 MILLION ORDINARY SHARES - SEC FILINGULTRA HIGH POINT HOLDINGS LTD - IPO PRICE EXPECTED BETWEEN $4.00 AND $5.00 PER SHARE - SEC FILINGULTRA HIGH POINT HOLDINGS LTD SAYS BANCROFT CAPITAL, LLC IS UNDERWRITER TO IPOULTRA HIGH POINT HOLDINGS L...Reuters
Tue, May 20
Stocks
GLOBAL MARKETS-Stocks dip, Treasury yields gain; investors weigh US fiscal concerns
US stocks end lower; S&P 500 snaps 6-day streak of gainsDollar declines while gold rises more than 1%Super-long Japanese government bond prices fall sharplyBy Caroline Valetkevitch NEW YORK, May 20 (Reuters) - Major stock indexes eased while longer-dated U.S. Treasury yields inched higher on ...Reuters
Tue, May 20
Other
James Hardie Industries Posts Q4 Sales Of $972 Million
May 21 (Reuters) - James Hardie Industries PLC JHX.AX:Q4 SALES USD 972 MILLIONQ4 ADJUSTED NET INCOME USD 156 MILLIONQ4 ADJUSTED EBIT USD 209.2 MILLIONQ4 ADJUSTED EBIT MARGIN 21.5%SEES FY26 NORTH AMERICA EBITDA MARGIN: AROUND 35.0%SEES FY26 TOTAL ADJUSTED EBITDA GROWTH: UP LOW SINGLE-DIGITSReuters
Tue, May 20
