News
Important Only
Other
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
Mon, May 19
Other
Blackstone bets on soaring power demand with $11.5 billion TXNM Energy deal
By Tanay Dhumal May 19 (Reuters) - Blackstone Infrastructure BX.N will acquire utility company TXNM Energy TXNM.N in an $11.5 billion deal, including debt, as the investment firm bets on rising U.S. electricity demand and a shift to cleaner energy sources.Shares of TXNM rose as much as 8.3% to $5...Reuters
Mon, May 19
Other
U.S. RESEARCH ROUNDUP-Advansix, Cognizant, Inozyme Pharma
May 19 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Advansix, Cognizant and Inozyme Pharma, on Monday. HIGHLIGHTS* Advansix Inc ASIX.N: Piper Sandler raises to overweight from neutral* Cognizant CTSH.O: JP Morgan rais...Reuters
Mon, May 19
Economic Indicator
SNB's Schlegel: Switzerland is not a currency manipulator except when it needs to be
Chairman of the Swiss National Bank (SNB) Martin Schlegel noted on Monday that uncertainty surrounding inflation has made it more difficult to actively manage foreign currency flows, noting that there are functionally no suitable alternatives for central banks to manage their holdings without US Tre
Fxstreet
Mon, May 19
Cryptocurrencies
Ethereum Flashes Golden Cross Signal – Can Bulls Push ETH To $3,000?
Ethereum is now trading at a pivotal juncture after days of consistent selling pressure that have pushed the price down by more than 12% since last Tuesday. Currently hovering around the $2,400 mark, ETH is struggling to maintain bullish momentum, and many analysts warn that a deeper correction coul...NewsBTC
Mon, May 19
Cryptocurrencies
On-Chain Oscillator Shows Bitcoin Far From Cycle Peak – Can BTC Push Above ATH?
Bitcoin faced a turbulent Sunday as price action delivered a sharp twist, surging to fresh local highs of $107,000 before swiftly retracing to $102,000 within hours. This sudden spike and drop shocked investors who were gearing up for a steady breakout into price discovery. The dramatic move undersc...Bitcoinist
Mon, May 19
Economic Indicator
CORRECTED-WRAPUP 2-US consumer sentiment slumps, households brace for inflation surge
Consumer sentiment drops to nearly three-year low in MayInflation expectations soar due to tariffsSingle-family housing starts hit nine-month low in AprilImport prices rise 0.1% in April, driven by capital goods By Lucia Mutikani WASHINGTON, May 16 (Reuters) - U.S. consumer sentiment deteriorated...Reuters
Mon, May 19
Economic Indicator
Fed's Kashkari: US economy entered the year strong, but lots of uncertainty now
According to Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari, although the year saw a strong start for the US economy, ongoing uncertainty at the hands of the Trump administration's trade policies has put a significant dent in investor sentiment, creating turbulence in markets andFxstreet
Mon, May 19
Other
After Putin call, Trump says Russia-Ukraine talks to begin 'immediately'
May 19 (Reuters) - U.S. President Donald Trump said his call with Russia's President Vladimir Putin on Monday went very well and that Moscow and Kyiv would immediately start negotiations toward a ceasefire and end to the war. Under pressure from Trump, delegates from the warring countries met la...Reuters
Mon, May 19
Commodities
PRECIOUS-Gold firms on safe-haven demand after Moody's US downgrade
US dollar hits weakest level since May 8 Trump and Putin talk about ending war in UkraineChina's platinum jewellery demand revives - WPIC By Sarah Qureshi May 19 (Reuters) - Gold prices drifted higher on Monday, steered by a softer dollar and safe-haven demand after Moody's downgraded the...Reuters
Mon, May 19
Other
K-Tech Solutions Files For US IPO
May 19 (Reuters) - K-Tech Solutions:K-TECH SOLUTIONS FILES FOR US IPO - SEC FILINGK-TECH SOLUTIONS CO LTD SAYS AMERICAN TRUST INVESTMENT SERVICES, INC IS UNDERWRITER TO IPOK-TECH SOLUTIONS CO LTD - IPO OFFERING OF 2 MILLION CLASS A SHARESK-TECH SOLUTIONS: INTEND TO APPLY TO LIST OUR CLASS A SHARES O...Reuters
Mon, May 19
Stocks
U.S. STOCKS ON THE MOVE-Plug Power, BGC Group, Paramount Group
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes slipped on Monday and Treasury yields spiked after Moody's surprise downgrade of the U.S. sovereign credit rating due to mounting debt sparked anxiety abou...Reuters
Mon, May 19
Commodities
Bipartisan group of US lawmakers introduce bill to boost nuclear power
By Timothy Gardner WASHINGTON, May 19 (Reuters) - U.S. senators from both major parties introduced a bill on Monday aimed at offsetting China and Russia's growing influence on international nuclear energy development.WHY IT'S IMPORTANTThe United States has more nuclear power capacity than...Reuters
Mon, May 19
Other
Trump says Russia, Ukraine to begin peace talks immediately
May 19 (Reuters) - U.S. President Donald Trump said his call with Russia's President Vladimir Putin on Monday went very well and that Moscow and Kyiv "will immediately start negotiations" toward a ceasefire and end to the war. In a post on Truth Social, Trump said that the Vatican, "...Reuters
Mon, May 19
Stocks
Mexico's Femsa up after $250 mln share buyback announcement
** Shares of Mexico's Femsa FEMSAUBD.MX rise 2.55% in Mexico City after share buyback agreement ** The company, which controls one of the largest Coca-Cola bottlers and a network of convenience store chains, announces a$250 million share repurchase agreement in the U.S.** "In our opinion, al...Reuters
Mon, May 19
