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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
Stocks
MIDEAST STOCKS-Dubai's main share index hits fresh record high
May 19 (Reuters) - Most stock markets in the Gulf settled higher on Monday including Dubai's main share index .DFMGI, which rose 0.7% to a record high for a second consecutive session.The index had scaled a record on Friday, boosted by a slew of business agreements between the United Arab Emir...Reuters
Mon, May 19
Other
Trump to speak with Putin, then call Zelenskiy, White House says
WASHINGTON, May 19 (Reuters) - U.S. President Donald Trump will speak with Russian President Vladimir Putin at 10 a.m. ET (1400GMT) on Monday and will call Ukrainian President Ukrainian President Volodymyr Zelenskiy when his call with Putin concludes, the White House said.Reuters
Mon, May 19
Stocks
U.S. STOCKS ON THE MOVE-Novavax, Reddit, BorgWarner
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes were on track to open lower on Monday as Treasury yields rose after Moody's downgraded the U.S. sovereign rating, sharpening focus on its mounting debt. .N...Reuters
Mon, May 19
Commodities
Heavy rains kill 6 in China's south, disaster alerts issued
HONG KONG, May 19 (Reuters) - Heavy weekend rains in China's southern Guangdong and Guangxi provinces killed at least six people and disrupted trains and power supply, state media said, with alerts issued for severe flooding and geological disasters in parts of the country.China's National M...Reuters
Mon, May 19
Other
White House says all Republican lawmakers must support tax bill
WASHINGTON, May 19 (Reuters) - The White House urged every Republican in the House of Representatives and Senate on Monday to support President Donald Trump's sweeping tax bill, which won approval from a key congressional committee on Sunday."It is absolutely essential that Republicans unite...Reuters
Mon, May 19
Other
Vance says Trump to engage Russia, Ukraine leaders amid 'impasse'
May 19 (Reuters) - U.S. Vice President JD Vance said on Monday that Washington recognized the impasse over talks regarding Russia's war in Ukraine as President Donald Trump prepared to hold talks with the leaders of both countries."We realize there's a bit of an impasse here. And I think...Reuters
Mon, May 19
Other
Bath & Body Works appoints former Nike executive Daniel Heaf as CEO
May 19 (Reuters) - Bath & Body Works BBWI.N said on Monday it has appointed former Nike NKE.N chief strategy and transformation officer, Daniel Heaf, as chief executive, effective immediately.He replaces Gina Boswell, who has been at the helm of the beauty and skincare firm since November 2022. ...Reuters
Mon, May 19
Other
Moody’s Strips U.S. of AAA Rating — VIX Fear Index Surges 15%! Is a Fiscal Storm Coming?
TradingKey - Following Moody’s downgrade of the U.S. sovereign credit rating last Friday, global investor concerns over the sustainability of U.S. fiscal policy have triggered a sharp rise in market anxiety. On Monday, May 19, the VIX Volatility Index surged by over 15%.TradingKey
Mon, May 19
Commodities
CBOT Trends-Wheat up 1-6 cents, corn and soybeans up 1-4 cents
CHICAGO, May 19 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Monday.WHEAT - Up 1 to 6 cents per bushel* CBOT wheat futures higher for the fourth time in five sessions, supported by a w...Reuters
Mon, May 19
Cryptocurrencies
Crypto Whales Buy Over $1M Solaxy in Less than Two Weeks. Is $SOLX the Next Crypto to Explode?
Solaxy $SOLX is blasting through the crypto-verse at the moment. An impressive surge in buying over the past two weeks highlights growing investor confidence as this presale nears its close. Recent whale purchases of Solaxy ($SOLX) have totaled over $1M, with a significant $375K investment in a sing...Bitcoinist
Mon, May 19
Stocks
B. Riley falls after CFO transition announcement
** Shares of investment bank B. Riley Financial RILY.O down 1.2% at $3.3 premarket ** RILY says Scott Yessner to become finance chief, effective June 3** Yessner will succeed Phillip Ahn as CFO ** RILY said last week it will miss 10-Q filing deadline for quarter ended March 31** As of last close, R...Reuters
Mon, May 19
