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German antitrust head sees divergence in rhetoric with US peers, not in substance
By Foo Yun Chee BERLIN, May 19 (Reuters) - Germany's antitrust head Andreas Mundt on Monday addressed mounting concerns about the deviation in approaches between European regulators and their U.S. peers, saying the divergence is more in terms of rhetoric than substance.Such worries have been ...Reuters
Mon, May 19
Stocks
Novavax shares jump after long-awaited FDA approval of its COVID-19 vaccine
May 19 (Reuters) - Novavax NVAX.O shares surged more than 17% before the bell on Monday, following the long-delayed approval of its COVID-19 vaccine from the U.S. health regulator, albeit with new conditions.The U.S. Food and Drug Administration approved the vaccine, Nuvaxovid, but limited its use t...Reuters
Mon, May 19
Other
UPDATE-2-Spain blocks more than 65,000 Airbnb holiday rental listings
Spain targets Airbnb listings lacking licence numbers or owner detailsConsumer Minister Bustinduy aims to curb holiday rental illegalityAirbnb disputes ministry's authority over short-term rental rulingsBy Inti Landauro MADRID, May 19 (Reuters) - Spain has ordered Airbnb ABNB.O to withdraw mo...Reuters
Mon, May 19
Indices
USD: Moodys follows eventually with downgrade – MUFG
The US Dollar (USD) is softer and longer-term yields are higher with the S&P future down 1.0% suggesting the potential for a day of triple selling of US assets that is being driven by the decision of Moodys to downgrade the sovereign rating of the US from the top Aaa rating to Aa1.Fxstreet
Mon, May 19
Stocks
Warren Buffett Owns Domino's Stock. Should You Do the Same?
Yes, the Oracle of Omaha is stepping down. But I want to look at one of his investments from late last year. Domino's (NASDAQ: DPZ), owned by Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), is the biggest pizza chain in the world, and makes for a compelling investment.Where to invest $1,000 right no...The Motley Fool
Mon, May 19
Other
Cool Company Ltd expected to post earnings of 37 cents a share - Earnings Preview
Cool Company Ltd CLCO.OL is expected to show a fall in quarterly revenue when it reports results on May 21 for the period ending March 31 2025The Hamilton Bermuda-based company is expected to report a 1.4% decrease in revenue to $86.9 million from $88.13 million a year ago, according to the esti...Reuters
Mon, May 19
Economic Indicator
FXS Fed Sentiment Index stays in hawkish territory as markets await fresh comments
The Federal Reserve (Fed) left the interest rate unchanged at 4.25%–4.50% following the May policy meeting, as widely anticipated. In the policy statement, the Fed noted that the economic outlook uncertainty has increased further.Fxstreet
Mon, May 19
Other
Progressive Corp expected to post earnings of $3.50 a share - Earnings Preview
Progressive Corp PGR.N, PGR is expected to show a rise in quarterly revenue when it reports results on May 21 for the period ending June 30 2025The Village Of Mayfield Ohio-based company is expected to report a 18.5% increase in revenue to $21.206 billion from $17.9 billion a year ago, according t...Reuters
Mon, May 19
Forex
AUD/USD Price Forecast: Jumps to near 0.6450 on US downgrade
The AUD/USD pair gains sharply to near 0.6450 during European trading hours on Monday. The Aussie pair strengthens as the US Dollar (USD) underperforms after Moody’s downgraded the United States (US) Sovereign credit rating to Aa1 from Aaa in the wake of mounting debt levels.
Fxstreet
Mon, May 19
Forex
Sterling rises against weaker dollar as UK-EU agree trade reset
By Lucy Raitano (Reuters) May 19 - The pound rose against a weaker dollar and fell against the euro on Monday after Britain agreed a major trade and defence reset with the European Union, though FX market attention stayed on U.S. developments. Britain agreed the most significant reset of ties wit...Reuters
Mon, May 19
Stocks
Undervalued and Overlooked: 3 AI Stocks With Long-Term Upside
In recent years, stocks in the artificial intelligence (AI) field have become known for achieving sky-high valuations. Nvidia shot higher amid surprisingly strong demand for AI accelerators, and recently, Palantir's valuation has reached nosebleed levels as its software delivers notable productivity...The Motley Fool
Mon, May 19
Economic Indicator
USD/CNH: Expected to trade in a sideways range of 7.1990/7.2190 – UOB Group
US Dollar (USD) is expected to trade in a sideways range of 7.1990/7.2190. In the longer run, a breach of 7.2330 would indicate that the likelihood of USD declining to 7.1700 has faded, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, May 19
Stocks
LIVE MARKETS-The dollar's fiscal frown
STOXX 600 down 0.6%Moody's cuts U.S. debt ratingWall St futures down over 1%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com.THE DOLLAR'S FISCAL FROWN We've got used to a ...Reuters
Mon, May 19
Stocks
Oil firms fall as Moody's downgrades US credit rating, slow growth in China
** U.S.-listed shares of oil firms fall premarket, tracking falling oil prices O/R** Brent crude futures LCOc1 down 0.7% at $64.95/barrel, U.S. West Texas Intermediate crude CLc1 fall 0.4% to $62.23/barrel** Oil prices fell after Moody's downgraded the U.S. sovereign credit rating and official ...Reuters
Mon, May 19
Other
South Africa's Ramaphosa aims to mend US ties with Musk business push
Trump has singled out South Africa for criticismRamaphosa could propose Tesla tariff reductionsSouth African president will also discuss Starlink accessBy Nellie Peyton JOHANNESBURG, May 19 (Reuters) - South Africa's President Cyril Ramaphosa plans to discuss business opportunities for Elon M...Reuters
Mon, May 19
Stocks
Should You Buy Rivian Stock While It's Below $20?
Rivian Automotive (NASDAQ: RIVN) shares have traded sideways for years, even though there has been plenty of volatility along the way. Surprisingly, the company's sales have grown tremendously over that time. Two years ago, Rivian stock traded roughly where the stock trades today, and yet revenue ha...The Motley Fool
Mon, May 19
Other
Carrier Hosts 2025 Investor Day To Showcase Transformed Portfolio And Focused Strategy For Growth And Significant Value Creation
May 19 (Reuters) - Carrier Global Corp CARR.N:CARRIER HOSTS 2025 INVESTOR DAY TO SHOWCASE TRANSFORMED PORTFOLIO AND FOCUSED STRATEGY FOR GROWTH AND SIGNIFICANT VALUE CREATIONCARRIER GLOBAL MEDIUM-TERM OUTLOOK ABOUT 6-8% ORGANIC SALES GROWTH PER YEARCARRIER GLOBAL MEDIUM-TERM OUTLOOK MID-TEENS ADJUST...Reuters
Mon, May 19
Other
Euro zone yields rise with fiscal policy in focus after US downgrade
By Stefano Rebaudo May 19 (Reuters) - Euro zone government bond yields edged up on Monday, taking the lead from U.S. Treasuries as a Moody's downgrade of the U.S. credit rating underlined concerns about future fiscal policies.The rating agency move could complicate President Donald Trump'...Reuters
Mon, May 19
Other
Txnm Energy Enters Agreement To Be Acquired By Blackstone Infrastructure
May 19 (Reuters) - TXNM Energy Inc TXNM.N:TXNM ENERGY ENTERS AGREEMENT TO BE ACQUIRED BY BLACKSTONE INFRASTRUCTURETXNM ENERGY INC - BLACKSTONE INFRASTRUCTURE TO BUY TXNM ENERGY FOR $61.25 PER SHARETXNM ENERGY INC - ACQUISITION REFLECTS TOTAL ENTERPRISE VALUE OF $11.5 BILLIONTXNM ENERGY INC - PAT COL...Reuters
Mon, May 19
