News
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Cryptocurrencies
Best Presales to Buy as $PEPE, $WIF & $BONK Sales Jump in Widely Anticipated Bull Market
The 24-hour trading volume for meme coins has surged by an astonishing ~60%, causing top tokens in this arena to explode. $PEPE’s daily trading volume has jumped by ~113%, while $WIF and $BONK witnessed significant spikes of ~56% and ~42%, respectively. As they continue to attract the attention of n...Bitcoinist
Mon, May 19
Commodities
EU's von der Leyen says EU-UK accords show Europe sticks together
LONDON, May 19 (Reuters) - European Commission President Ursula von der Leyen said agreements announced on Monday at a summit between the EU and Britain sent a message that the countries of Europe stick together."The message we are sending to the world today is (that)... at a time of global inst...Reuters
Mon, May 19
Stocks
US STOCKS-US stock futures slide after Moody's downgrade, yields up
Futures down: Dow 0.61%, S&P 500 1.05%, Nasdaq 1.42%Netflix down on JPM analyst focus list removalBlackstone infrastructure unit to acquire TXNM EnergyBy Shashwat Chauhan and Kanchana Chakravarty May 19 (Reuters) - Wall Street futures fell and Treasury yields rose on Monday after Moody...Reuters
Mon, May 19
Other
Billionaire Richard Li's FWD Group again files for Hong Kong listing
May 19 (Reuters) - FWD Group, a Hong Kong-based insurer backed by billionaire Richard Li, said on Monday it has again applied to list on the main board of the Hong Kong Exchanges and Clearing Limited (HKEX).The company did not give any financial or other details.Its previous attempts to go public we...Reuters
Mon, May 19
Commodities
PM Starmer hails 'new era' between Britain and the EU
LONDON, May 19 (Reuters) - British Prime Minister Keir Starmer said on Monday a new defence and trade agreement with the European Union marked a new era in their relationship following Brexit. "This is the first UK-EU summit," he told reporters. "It marks a new era in our relationship, a...Reuters
Mon, May 19
Forex
RPT-COLUMN- Undimmed US 'exceptionalism' seems improbable :Mike Dolan
By Mike Dolan LONDON, May 19 (Reuters) - With heads still spinning from Wall Street's 180 degree turn over the past six weeks, investors are skeptical over still 'exceptional' U.S. stock market valuations that have barely flinched.Few doubt a de-escalation of Washington's trade wa...Reuters
Mon, May 19
Commodities
Portugal's far-right Chega surges as ruling party misses majority
Ruling centre-right party wins most seats, short of majorityPortugal holds third election in three yearsAnti-immigration Chega party could become main oppositionBy Sergio Goncalves, Catarina Demony and Andrei Khalip LISBON, May 19 (Reuters) - Portugal's far-right Chega won a record vote share...Reuters
Mon, May 19
Stocks
GLOBAL MARKETS-Treasury yields rise; stocks, dollar retreat after US downgrade
S&P 500 futures down over 1%European, Asian shares fallTreasuries, dollar smart at Moody's downgrade U.S. tax bill passes key panelBy Samuel Indyk and Wayne Cole LONDON, May 19 (Reuters) - Treasury yields rose and U.S. stock futures slipped with the dollar on Monday due to concerns about...Reuters
Mon, May 19
Cryptocurrencies
Dogecoin Price Resistance In View: Why The Key Lies At $0.25
Over the last few days, the Dogecoin price has struggled to hold up with the Bitcoin price hitting multiple resistances. This has triggered a wave of liquidations for crypto traders who have been betting on the price to go higher. The decline has also raised concerns as to whether the bullish rally ...NewsBTC
Mon, May 19
Cryptocurrencies
Ethereum’s MVRV Indicator Flips Into Bullish Territory – Is A Rally On The Horizon?
Ethereum’s brief upswing on Sunday was met with significant resistance at the $2,600 price, which triggered a bearish wave, pushing its price back to $2,360. While its price is demonstrating weakening momentum, reports show that several ETH key metrics have moved into positive territory. A Positive ...Bitcoinist
Mon, May 19
Stocks
RPT-BREAKINGVIEWS-The post-truce state of US-China trade looks dire
By Hudson Lockett HONG KONG, May 19 (Reuters Breakingviews) - Markets appear to be writing off the latest Sino-American trade conflict as quickly as they priced it in. China’s benchmark CSI 300 index .CSI300 is up 1.4% this year, marking a full recovery from its sharp drop in early April after Pr...Reuters
Mon, May 19
Stocks
Biohaven falls after RBC downgrades on regulatory uncertainty
** Brokerage RBC Capital Markets downgrades Biohaven Pharmaceuticals BHVN.N to "sector perform" from "outperform", trims PT to $21 from $54** New PT still implies a 23.7% upside to the stock's last close** Shares of BHVN fall 3.8% to $15.4 premarket** Brokerage says the drugmaker...Reuters
Mon, May 19
Other
RPT-BREAKINGVIEWS-India's embrace of hot money will pay off slowly
By Shritama Bose MUMBAI, May 19 (Reuters Breakingviews) - India is shaking off a decade-old suspicion of flighty foreigners. Officials are easing rules to let them own more of its $600 billion of company debt and smoothing access to treasuries. Global economic conditions do not favour an immediat...Reuters
Mon, May 19
Stocks
The Stock Market Is Soaring: This Tech ETF Could Help You Turn $100 per Month Into Nearly $500,000 With Next to No Effort
The stock market has been on a nauseating rollercoaster of ups and downs this year, but those who have stuck it out have reaped the rewards.As of this writing, the S&P 500 (SNPINDEX: ^GSPC) has soared by nearly 20% since it bottomed out in early April. Regardless of what the next few months have in ...The Motley Fool
Mon, May 19
Other
EY negligently missed huge fraud at collapsed hospital operator, $3 bln UK trial hears
By Sam Tobin LONDON, May 19 (Reuters) - EY failed to spot a major fraud by main shareholders of UAE hospital operator NMC Health in what lawyers for the firm's administrators described as disgraceful auditing, at the start of a roughly $3 billion London trial on Monday.The administrators of N...Reuters
Mon, May 19
Other
IES Holdings Appoints Matthew Simmes To Succeed Jeffrey Gendell As CEO
May 19 (Reuters) - IES Holdings Inc IESC.O:IES HOLDINGS, INC. APPOINTS MATTHEW SIMMES TO SUCCEED JEFFREY GENDELL AS CHIEF EXECUTIVE OFFICERIES HOLDINGS INC - GENDELL TO BECOME EXECUTIVE CHAIRMAN AND CONTINUE LEADING BOARDReuters
Mon, May 19
Other
Former US President Biden diagnosed with 'aggressive' prostate cancer
Biden, family reviewing treatment optionsBiden's health was scrutinized amid 2024 reelection bid Biden was oldest to win US presidency until TrumpBy Joseph Ax and Nandita Bose May 18 (Reuters) - Former U.S. President Joe Biden has been diagnosed with an "aggressive form" of prostate c...Reuters
Mon, May 19
Stocks
Richtech Robotics slides on $100 mln stock offering plans
** Richtech Robotics' RR.O shares down 8.9% premarket to $2.35 as co looks to raise equity ** Maker of robots for restaurants, hotels, senior living homes and other businesses late Fri filed $100 mln ATM (at-the-market) stock offering agreement with Rodman & Renshaw, BTIG and H.C. Wainwrigh...Reuters
Mon, May 19
Other
Motor racing-Imola faces the chop and Verstappen will feel the loss
By Alan Baldwin IMOLA, Italy, May 19 (Reuters) - Max Verstappen has won four times in a row at Imola but a fifth next year looks unlikely with Formula One set to drop the Italian circuit.There is no contract for 2026 and Formula One chief executive Stefano Domenicali, who was born and grew up in ...Reuters
Mon, May 19
Economic Indicator
Fed's Bostic: Leaning towards one cut this year with more concern about inflation than jobs - CNBC
AMELIA ISLAND, May 19 (Reuters) - Atlanta Fed president Raphael Bostic said on Monday the central bank may only be able to cut interest rates by a quarter point over the rest of the year given concerns about rising inflation stoked by higher import taxes.Progress in returning inflation to the Fed...Reuters
Mon, May 19
