News
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Stocks
Netflix up after Canaccord raises price target
** Shares of Netflix NFLX.O up 1.1% at $1,190.96** Canaccord Genuity raises PT on NFLX to $1,380 from $1,200** Brokerage believes NFLX's ad tier may be approaching an inflection point and emerging as a key driver of its long-term growth strategy ** NFLX has been growing its investment in U.S. pr...Reuters
Fri, May 16
Other
Apple Asked Epic Sweden Resubmit Fortnite App Update Without Including US Storefront Of App Store- Bloomberg News Reporter On X
May 16 (Reuters) - APPLE: ASKED EPIC SWEDEN RESUBMIT FORTNITE APP UPDATE WITHOUT INCLUDING US STOREFRONT OF APP STORE- BLOOMBERG REPORTER ON XAPPLE DID NOT TAKE ANY ACTION TO REMOVE LIVE VERSION OF FORTNITE FROM ALTERNATIVE DISTRIBUTION MARKETPLACES IN THE EC - BLOOMBERG NEWS REPORTER ON XSource tex...Reuters
Fri, May 16
Other
Russia says Ukraine talks yielded a prisoner swap deal and an agreement to keep talking
Russia says it is satisfied with talksSays two sides agreed to keep talkingSays each side will set out vision of future ceasefire By Vladimir Soldatkin and Andrew Osborn ISTANBUL, May 16 (Reuters) - Russia said on Friday that the first direct talks with Ukraine in more than three years had yield...Reuters
Fri, May 16
Stocks
Assura takeover battle heats up as UK peer PHP outbids US suitors
New PHP offer is 4.7% higher than KKR-Stonepeak bidAnalyst says PHP offer is more attractiveAssura says its board is reviewing PHP's new offer By Yamini Kalia and Yadarisa Shabong May 16 (Reuters) - British healthcare real estate investor Primary Health Properties (PHP) PHP.L has offered to b...Reuters
Fri, May 16
Forex
USD/CHF Price Forecast: Rejection at resistance risks fresh downside
The US Dollar (USD) is trading higher against the safe-haven Swiss Franc (CHF) on Friday, as markets continue to digest the ongoing developments in tariff negotiations, interest rate expectations, and broader risk sentiment.
Fxstreet
Fri, May 16
Stocks
Doximity falls on FY26 revenue forecast miss
** Shares of telehealth firm Doximity DOCS.N slump 14.7% to $49.84 after co's forecast misses expectations** Co forecasts FY26 revenue between $619 mln and $631 mln vs analysts' estimate of $635 mln - data compiled by LSEG ** Midpoint of Q1 revenue outlook also below estimate ** At least fou...Reuters
Fri, May 16
Other
NATO allies need to close defence spending gaps, Italy and Germany say
By Angelo Amante ROME, May 16 (Reuters) - Boosting defence spending is a task for all NATO members willing to close gaps with allies, ministers from historic low-spenders Italy and Germany said on Friday, following a round of talks with European counterparts.Germany's Boris Pistorius and Ital...Reuters
Fri, May 16
Other
Cycling-Ayuso pounces to win Giro stage seven, Roglic takes pink jersey
May 16 (Reuters) - Spain's Juan Ayuso made his move on the climb to the finish to win stage seven of the Giro d'Italia on Friday, his first Grand Tour stage success, with Primoz Roglic moving into the overall lead.The first mountain stage of the race, a 168km ride from Castel di Sangro to Ta...Reuters
Fri, May 16
Stocks
U.S. STOCKS ON THE MOVE-Inozyme Pharma, Emerson Electric, Stanley Black & Decker
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes were subdued on Friday, but were still on track for robust weekly gains buoyed by a U.S.-China tariff truce and cooling inflation, while focus was on a pivotal...Reuters
Fri, May 16
Commodities
Venezuela's PDVSA begins exporting crude grade previously shipped by Chevron, data says
May 16 (Reuters) - Venezuela's state-run PDVSA has begun exporting a heavy crude grade that had been shipped by Chevron CVX.N since 2022, maritime data showed, following the cancellation of cargoes to the U.S. producer last month amid payment uncertainty.Reuters
Fri, May 16
Other
Nvidia seeks Shanghai R&D site after US chip curbs, say sources
CEO Jensen Huang underlined China's importance during April visitShanghai could offer incentives for Nvidia projectShanghai may provide large area of land for R&D centreBy Julie Zhu and Clare Jim HONG KONG, May 16 (Reuters) - Nvidia NVDA.O is seeking a site in Shanghai for a research and ...Reuters
Fri, May 16
Other
Macron says, after call with Trump, that Russia does not want peace
PARIS, May 16 (Reuters) - French President Emmanuel Macron said he had spoken to U.S. President Donald Trump while in Albania for a meeting of top European leaders with Ukraine's President, and that Russia was not showing that it was ready for peace in Ukraine."We just had a phone call with ...Reuters
Fri, May 16
Commodities
EU readying new sanctions to increase pressure on Russia, von der Leyen says
Leaders from across Europe meet in TiranaEU threatens Russia with more sanctions over UkraineZelenskiy says his priority is obtaining unconditional ceasefire By Andrew Gray and Fatos Bytyci TIRANA, May 16 (Reuters) - The European Union is working on a new package of sanctions to increase pressure...Reuters
Fri, May 16
Stocks
CANADA STOCKS-TSX steady, poised for sixth weekly gain amid trade optimism
By Sanchayaita Roy May 16 (Reuters) - Canada's main stock index held steady on Friday and was set for a sixth consecutive weekly gain, as investors anticipate more trade agreements amid easing tariff tension and softer U.S. inflation data.The Toronto Stock Exchange's S&P/TSX composit...Reuters
Fri, May 16
Other
Israel says it severely damaged Yemeni ports, vows to kill Houthi leader
May 16 (Reuters) - Israel said it attacked and severely damaged Houthi-controlled ports in Yemen on Friday, with its defence minister vowing in a statement to hunt down and kill the group's leader Abdul Malik al-Houthi.Reuters
Fri, May 16
Commodities
US freight industry hopes for back-to-school demand boost after tariff truce
Analysts predict spike in orders during back-to-school seasonHigher imports to benefit carriers and railroads Freight influx could hit U.S. West Coast ports by June-end By Abhinav Parmar May 16 (Reuters) - A 90-day trade thaw between Washington and Beijing could prove to be a welcome reprieve for...Reuters
Fri, May 16
Commodities
Vibra Foods linked to first Brazil case of bird flu on commercial farm, sources say
SAO PAULO, May 16 (Reuters) - Brazil's first bird flu outbreak on a commercial farm has been found on a supplier linked to privately owned chicken processor Vibra Foods, according to two sources briefed on the matter speaking on condition of anonymity on Friday. The company did not have an immed...Reuters
Fri, May 16
Stocks
UBS upgrades Caterpillar on improved trade prospects
** Brokerage UBS upgrades construction equipment maker Caterpillar CAT.N to "neutral" from "sell", raises PT to $357 from $272** New PT a 2% upside to the stock's last close** Brokerage sees upside for CAT following better-than-expected outcomes of U.S. trade discussions with Chi...Reuters
Fri, May 16
