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Stocks
AMD to sell ZT Systems' server-manufacturing business to Sanmina in $3 billion deal
May 19 (Reuters) - AMD will sell the server-manufacturing business of recently acquired ZT Systems to Sanmina in a $3 billion deal, making the U.S.-based contract manufacturer its partner for building AI hardware as the chip designer works to onshore supply chains.The deal, announced on Monday, high...Reuters
Mon, May 19
Other
Deals of the day-Mergers and acquisitions
May 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday: ** AMD AMD.O has agreed to sell the server-manufacturing business of recently acquired ZT Systems to Sanmina in a $3 billion deal, making the contract manufacturer its partner for buil...Reuters
Mon, May 19
Economic Indicator
Burger King's India operator posts smaller loss as cheaper menus draw more diners
May 19 (Reuters) - Restaurant Brands Asia RESR.NS, the India franchisee of Burger King, reported a narrower fourth-quarter loss on Monday, as its affordable menu appealed to cost-conscious customers.The company reported a net loss of 562.8 million rupees ($6.6 million) for the three months ended Mar...Reuters
Mon, May 19
Other
Spain blocks more than 65,000 Airbnb holiday rental listings
Spain targets Airbnb listings lacking licence numbers or owner detailsConsumer rights minister aims to curb holiday rental illegalityAirbnb says will appeal, many listings in the list are lawfulBy Inti Landauro MADRID, May 19 (Reuters) - Spain has ordered Airbnb ABNB.O to withdraw more than 65,00...Reuters
Mon, May 19
Economic Indicator
Fed's Jefferson: Will keep policy in a place to be sure inflation expectations remain anchored
Federal Reserve (Fed) Vice Chairman Philip Jefferson said on Monday that there are risks to both jobs and inflation and added that it is appropriate to wait and see on rate decisions, given the the uncertainty, per Reuters.Fxstreet
Mon, May 19
Other
Putin-Trump meeting not currently being prepared, RIA cites Kremlin as saying
MOSCOW, May 19 (Reuters) - A meeting between Russian President Vladimir Putin and U.S. President Donald Trump is not currently being prepared, Russian state news agency RIA cited Kremlin spokesman Dmitry Peskov as saying on Monday.Reuters
Mon, May 19
Other
Miter Raised Total Of $38 Mln, Including Recent $23 Mln Round Led By Bessemer Venture Partners & Coatue Management
May 19 (Reuters) - MITER: RAISED TOTAL OF $38 MILLION, INCLUDING RECENT $23 MILLION ROUND LED BY BESSEMER VENTURE PARTNERS & COATUE MANAGEMENTFurther company coverage: [ ]Reuters
Mon, May 19
Other
White House says Trump disagrees with Moody's US downgrade
WASHINGTON, May 19 (Reuters) - The White House said on Monday that President Donald Trump disagreed with Moody's decision to downgrade the U.S. sovereign credit rating. White House spokeswoman Karoline Leavitt told reporters the world had confidence in the U.S. economy.Reuters
Mon, May 19
Forex
NZD/USD recovers above 0.5900 as traders weigh US downgrade, mixed New Zealand data
The New Zealand Dollar (NZD) is recovering firmly above the 0.5900 mark agains the US Dollar (USD) on Monday, last seen trading around 0.5910, up nearly 0.50% on the day. The NZD/USD pair draws support from broad US Dollar weakness following Moody’s downgrade of the US credit rating.
Fxstreet
Mon, May 19
Stocks
Target Hospitality Corp reports results for the quarter ended March 31 - Earnings Summary
Target Hospitality Corp TH.OQ reported a quarterly adjusted loss of 4 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 20 cents. The mean expectation of three analysts for the quarter was for a loss of 2 cents per share. Wall ...Reuters
Mon, May 19
Stocks
Datavault AI Inc reports results for the quarter ended March 31 - Earnings Summary
Datavault AI Inc DVLT.OQ reported a quarterly adjusted loss of 18 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-5.35. The mean expectation of two analysts for the quarter was for a loss of 14 cents per share. Revenue ros...Reuters
Mon, May 19
Stocks
SPAR Group Inc reports results for the quarter ended December 31 - Earnings Summary
SPAR Group Inc SGRP.OQ reported a quarterly adjusted loss of 24 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 9 cents. The lone analyst forecast for the quarter was for earnings of 2 cents per share. Revenue fell 49.2% t...Reuters
Mon, May 19
Stocks
US STOCKS SNAPSHOT-Wall St opens lower after Moody's rating cut; yields rise
May 19 (Reuters) - Wall Street's main indexes opened lower on Monday as Treasury yields rose after Moody's downgraded the U.S. sovereign rating, sharpening focus on its mounting debt.The Dow Jones Industrial Average .DJI fell 111.9 points, or 0.26%, at the open to 42542.81. The S&P 500 ....Reuters
Mon, May 19
Cryptocurrencies
$15M Gone? Telegram Crypto Project’s Co-Founder Arrested For Alleged Fraud
A co‑founder of Blum, a crypto project built into Telegram Mini Apps, was arrested this week in Moscow on fraud charges. Vladimir Smerkis, who once ran Binance’s operations in Russia, now faces an investigation under Article 159 of the Russian Criminal Code. His detention has sent shockwaves through...Bitcoinist
Mon, May 19
Cryptocurrencies
Dogecoin On The Edge: Major Breakout Or Breakdown Imminent?
The Dogecoin price could be at a critical juncture for a breakout but momentum needs to persist. On the four-hour chart shared by analyst Josh Olszewicz, price has been sliding inside a clearly defined falling-wedge formation since printing a local high at $0.25941 on 13 May. The upper and lower bou...NewsBTC
Mon, May 19
Stocks
3 Reasons Amazon Stock Looks Like an Incredible Bargain Right Now
Tech stocks have driven the bulk of market gains over the past two decades, fueled by relentless innovation and digital transformation. But as investors continue to bid up the usual suspects, truly compelling value opportunities have become increasingly scarce in the big tech arena.Amazon (NASDAQ: A...The Motley Fool
Mon, May 19
Stocks
2 Monster Stocks to Hold for the Next 10 Years
Consumer staples companies sell things that people tend to buy regardless of the economic environment and stock market dynamics. They are looked at as safe-haven investments for that reason.But two of the industry's best-known companies are struggling today and, if you think long term, that is likel...The Motley Fool
Mon, May 19
Stocks
Regeneron rises on deal to buy 23andMe for $256 million
** Shares of drugmaker Regeneron Pharmaceuticals REGN.O rise 2% to $606 premarket** REGN says it has agreed to buy bankrupt genetic testing firm 23andMe Holding for $256 million** The agreement excludes the purchase of 23andMe's telehealth service Lemonaid Health ** 23andMe's bankruptcy proc...Reuters
Mon, May 19
Stocks
Sable Offshore surges as it restarts SYU platforms, doubles production guidance
** Sable Offshore's SOC.N shares up 20.6% premarket to $34.80 after co announces restart of production at the Santa Ynez Unit (SYU) offshore platforms off the California coast and doubles production guidance for second half of 2025** SOC shares set to surpass record intraday high of $32.33 hit o...Reuters
Mon, May 19
