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Stocks
Vsee Health Inc expected to post a loss of 9 cents a share - Earnings Preview
Vsee Health Inc VSEE.OQ VSEE.O is expected to report resultson May 20 (estimated) for the period ending December 31 2024The Boca Raton Florida-based company is expected to report revenue of $3.522 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst estim...Reuters
Tue, May 20
Forex
Sterling steady against dollar, traders digest UK-EU reset deal
By Lucy Raitano (Reuters) May 20 - The pound held steady against the dollar on Tuesday but stayed close to a near three-week high hit on Monday after Britain agreed a major trade and defence reset with the European Union.At 1138 GMT, the pound was flat against the dollar at $1.33640 GBP=D3, havin...Reuters
Tue, May 20
Cryptocurrencies
Class Action Lawsuit Filed Against Strategy Over Alleged Bitcoin Misleading
On May 16, a class action lawsuit was filed against Michael Saylor’s Strategy (previously MicroStrategy) and its top executives, including President and CEO Phong Le and Chief Financial Officer Andrew Kang. The plaintiff, Anas Hamza, alleges that the Bitcoin (BTC) proxy firm misrepresented cru...Bitcoinist
Tue, May 20
Cryptocurrencies
Can Dogecoin Price Reach $0.7 Again? What The Volume Trend Says
The Dogecoin price has failed to reach its all-time high peaks after repeated rallies and subsequent beat downs. So far, it has been a dance between testing major resistance levels, and bulls trying to hold support as sell-offs mount. During this time, there has been a lot of fluctuations in the vol...NewsBTC
Tue, May 20
Stocks
RPT-BREAKINGVIEWS-Richard Li's IPO saga may end with a whimper
By Hudson LockettHONG KONG, May 20 (Reuters Breakingviews) - Conditions are not ideal for FWD's long-delayed listing, but then they never have been. After several runs at an initial public offering in New York and Hong Kong, the insurer founded by tycoon Richard Li once again filed a listing app...Reuters
Tue, May 20
Stocks
FreshPet Stock Analysis: Buy, Hold, or Sell?
FreshPet (NASDAQ: FRPT) serves the large and growing pet industry with secular tailwinds supporting expansion.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 16...The Motley Fool
Tue, May 20
Stocks
RPT-BREAKINGVIEWS-China entices savers to cross risky Rubicon
By Ka Sing Chan HONG KONG, May 20 (Reuters Breakingviews) - The People’s Republic has just entered a new era: on Tuesday, one-year bank deposit rates dipped below 1% for the first time ever. As a consequence, savers may shift more of their record 160 trillion yuan ($22 trillion) parked there into...Reuters
Tue, May 20
Other
RPT-BREAKINGVIEWS-Blackstone’s $12 bln utility deal tempts overload
By Robert Cyran NEW YORK, May 19 (Reuters Breakingviews) - Electricity providers are desperate for money to satisfy growing demand and private equity firms have stockpiles of it they’re struggling to invest. This simple logic explains Blackstone Infrastructure’s BX.N plan to buy U.S. utility TXNM...Reuters
Tue, May 20
Other
RPT-BREAKINGVIEWS-Congress tax plan deepens hard-to-fill budget hole
By Gabriel Rubin WASHINGTON, May 19 (Reuters Breakingviews) - Budget gimmicks that grease legislative negotiations don’t work on investors in U.S. government debt. Republicans in Congress are inching towards a deficit-busting $4.5 trillion tax cut bill. If passed, it would add almost $4 trillion ...Reuters
Tue, May 20
Other
RPT-BREAKINGVIEWS-Weaker Donald Trump will struggle to keep promises
By Hugo Dixon LONDON, May 19 (Reuters Breakingviews) - Donald Trump can still cut deals and issue orders. But the U.S. president’s power has waned since he imposed sky-high tariffs in April, only to backtrack. In particular, the balance of power between the United States and China, which should b...Reuters
Tue, May 20
Other
Sustainable Switch: Trump targets Temporary Protected Status
May 20 - By Sharon KimathiEnergy and ESG Editor, Reuters Digital sharon.kimathi@thomsonreuters.com Hello! Today’s newsletter continues to follow the myriad human-rights lawsuits in the United States Supreme Court as President Donald Trump targets migration protections, workers’ rights,...Reuters
Tue, May 20
Other
Trade disputes should be resolved as quickly as possible, Germany says ahead of G7
By Christian KraemerBERLIN, May 20 (Reuters) - Ongoing trade disputes with the United States should be resolved as quickly as possible for the benefit of all, German Finance Minister Lars Klingbeil said on Tuesday, ahead of meeting his counterparts from other Group of Seven countries. "Tariffs a...Reuters
Tue, May 20
Stocks
Tesla going all-in on autonomy as China ’may have already won the EV battle’: MS
Investing.com -- Morgan Stanley said in a note Tuesday that it believes Tesla (NASDAQ:TSLA) is shifting its focus from cars to autonomy as the competitive pressure from Chinese automakers intensifies.
Investing.com
Tue, May 20
Other
Russia says Ukraine must decide if it will discuss peace accord memorandum
MOSCOW, May 20 (Reuters) - Russia said on Tuesday that Ukraine had to decide whether or not it would cooperate in discussing a memorandum ahead of a potential future peace accord that Moscow has discussed with the United States. Russian President Vladimir Putin, after a call with President Donald Tr...Reuters
Tue, May 20
Cryptocurrencies
Negative reporting from MSM like WSJ is making it difficult for Americans to invest in stocks, Jim Cramer
Investor sentiment is dwindling because of grim headlines from mainstream media outlets like the Wall Street Journal, according to CNBC’s Jim Cramer. The Mad Money host believes news publications are spreading negative news about the US market, saying it’s becoming “so difficult to own American stocks.” Cramer gave his opinion on social platform X early […]Cryptopolitan
Tue, May 20
Commodities
PRESS DIGEST-Canada - May 20
May 20 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** Canada Post says it has received strike notices from its union, putting roughly 55,000 postal workers on track to ...Reuters
Tue, May 20
Indices
US Dollar tests weekly low as US debt downgrade continues to weigh
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is slipping lower for a second consecutive day on Tuesday as markets continue to digest the recent downgrade of the rating in US debt, which led to a rollercoaster in US bond markets.Fxstreet
Tue, May 20
Stocks
Should You Buy C3.ai Stock Before May 28?
C3.ai (NYSE: AI) emerged as a promising growth stock in artificial intelligence (AI) in 2023, when ChatGPT was still fairly fresh in the minds of investors. That year, shares of C3.ai rose by 157%. And while it still rallied another 20% last year, the hype has been fading fast. This year, the AI sto...The Motley Fool
Tue, May 20
