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Stocks
Is C3.ai a Phenomenal Under-the-Radar AI Stock?
C3.ai (NYSE: AI) has risen and fallen several times since the artificial intelligence (AI) arms race kicked off in 2022. Right now, C3.ai's stock is in the falling stage, around 50% off its all-time high, although it nearly notched a new all-time high at the end of 2024. However, some investors thin...The Motley Fool
Fri, May 16
Other
Eyenovia Inc expected to post a loss of $9.60 a share - Earnings Preview
Eyenovia Inc EYEN.OQ EYEN.O is expected to show a rise in quarterly revenue when it reports results on May 19 (estimated) for the period ending March 31 2025The New York City-based company is expected to report a 9,900.0% increase in revenue to $400 thousand from $4 thousand a year ago, according ...Reuters
Fri, May 16
Stocks
Lithium Americas falls on $1 billion mixed shelf offering
** U.S. listed shares of Lithium Americas LAC.N, LAC.TO fall ~8% at $2.89 premarket** Company late on Thursday filed for mixed shelf offering of about $1 billion ** LAC plans to use proceeds from both share offerings to finance capital expenditures, repay debt and for other general purposes** Compan...Reuters
Fri, May 16
Stocks
Senseonics up after $50 mln stock offering, Abbott investment
** Shares of medtech firm Senseonics Holdings SENS.A up 2 cents to 57 cents premarket after equity raise news** Maker of continuous glucose monitoring (CGM) systems late Thurs sold 100 mln shares at 50 cents for $50 mln gross proceeds** In concurrent private placement, Abbott Laboratories ABT.N to ...Reuters
Fri, May 16
Cryptocurrencies
Bitcoin Next Leg Up Loading? Analyst Says BTC Could Trade Sideways For Two Weeks
After reclaiming the crucial $100,000, Bitcoin (BTC) is testing its recently recovered levels as support, with some analysts suggesting that the price will see a short-term sideways move before breaking out of its key resistance. Related Reading: Avalanche (AVAX) Eyes 30% Rally Amid Cup-And-Handle P...NewsBTC
Fri, May 16
Stocks
Where Will Archer Aviation Be in 5 Years?
Electric vertical take-off and landing aircraft and landing aircraft are nearing commercial launch, and that opens up a multi-billion-dollar market for Archer Aviation (NYSE: ACHR). But where will the company be in 5 years? This video explains everything you need to know.*Stock prices used were end-...The Motley Fool
Fri, May 16
Other
Money 101 for new college graduates
New grads should follow a 50/30/20 budgetStudent loans are second-highest household debt after mortgagesBudgeting crucial for unemployed grads to manage debtsBy Lauren Young NEW YORK, May 15 - This was originally published in the On The Money newsletter, where we share U.S. personal finan...Reuters
Fri, May 16
Commodities
Caspian Pipeline Consortium increased Q1 oil transit to 17.85 mln t, IFX reports
MOSCOW, May 16 (Reuters) - The Caspian Pipeline Consortium (CPC) increased oil transit to 17.85 million metric tons in the first quarter of this year, the Interfax news agency reported on Friday, citing Kazakhstan's state energy company KazMunayGaz KMGZ.KZ.Reuters
Fri, May 16
Commodities
EXPLAINER-How could the EU ban Russian gas?
By Kate Abnett BRUSSELS, May 16 (Reuters) - The European Commission will next month propose legal measures to fully phase out the EU's Russian gas imports by the end of 2027, and ban spot contracts with Russia by the end of this year.Here's how that could work.HOW WILL THE EU BAN RUSSIAN ...Reuters
Fri, May 16
Stocks
Estee Lauder up after investor Michael Burry's Scion Asset Management buys shares
** Shares of cosmetics giant Estee Lauder EL.N up ~5% at $66.96 premarket** 'Big Short' investor Michael Burry's Scion Asset Management buys shares of EL, a regulatory filing showed on Thursday** On Monday, Washington and Beijing announced a truce in their trade war following which U.S. ...Reuters
Fri, May 16
Other
Trump says Iran needs to move quickly on proposal
May 16 (Reuters) - U.S. President Donald Trump on Friday said Iran has his administration's proposal and knows it needs to move quickly, a day after saying Washington and Tehran were close to a nuclear deal. "They have a proposal. More importantly, they know they have to move quickly or s...Reuters
Fri, May 16
Other
At Russia-Ukraine talks, Turkey says it's critical to achieve ceasefire
ISTANBUL, May 16 (Reuters) - Turkish Foreign Minister Hakan Fidan said on Thursday that it was critical to achieve a Russia-Ukraine ceasefire as soon as possible as the two sides met for their first direct peace talks in more than three years of war. Speaking at the start of their meeting in Istanbu...Reuters
Fri, May 16
Commodities
Silver Price Forecast: XAG/USD slides to near $32.30 on US-China trade optimism
Silver price (XAG/USD) falls sharply to near $32.30 during European trading hours on Friday. The white metal is down over 1% as investors become increasingly confident about a trade deal between the United States (US) and China.
Fxstreet
Fri, May 16
Other
Trump says he did not consult with Israel on Syria
ABU DHABI, May 16 (Reuters) - President Donald Trump said he did not consult ally Israel about the U.S. decision to recognize Syria's new government, despite deep Israeli suspicion of Islamist President Ahmed al-Sharaa's administration."I didn't ask them about that. I thought it was ...Reuters
Fri, May 16
Stocks
Constellation Brands up after Berkshire Hathaway doubles stake
** Shares of Corona beer maker Constellation Brands STZ.N up 3.8% at $197.90 premarket** Warren Buffett's Berkshire Hathaway BRKa.N said on Thursday it more than doubled its stake in the company** Said stake grew to ~12 million shares worth $2.2 billion from 5.6 million shares at year end, givin...Reuters
Fri, May 16
Commodities
IEA sees Oil market still significantly oversupplied despite higher demand forecast – Commerzbank
The International Energy Agency (IEA) has left its forecast for the increase in global Oil demand virtually unchanged. It expects growth of 740 thousand and 760 thousand barrels per day this year and next year respectively. However, demand momentum is expected to slow over the course of the year.Fxstreet
Fri, May 16
Other
APEC highlights 'fundamental challenges' in global trade as tariffs overshadow meeting
APEC adopts joint statement on trade after two-day meetingTrade envoys cite 'fundamental challenges' No joint response discussed over Trump's tariffs, South Korea saysGreer's attendance raised stakes, prompted high-level meetingsBy Jihoon Lee SEOGWIPO, South Korea, May 16 (Reuters...Reuters
Fri, May 16
