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Forex
SNB cannot rule out possibility of negative rates, Schlegel says
LUCERNE, Switzerland, May 16 (Reuters) - Swiss National Bank Chairman Martin Schlegel said on Friday he could not rule out that negative interest rates may be needed in future, while reiterating that the central bank is not in favour of them.Reuters
Fri, May 16
Stocks
MORNING BID AMERICAS-Trade and inflation relief
By Mike Dolan LONDON, May 16 (Reuters) - What matters in U.S. and global markets todayBy Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets Wall Street stocks look set to sustain this week's gains, fueled by trade de-escalation hopes and soft April inflation readings. B...Reuters
Fri, May 16
Stocks
Down 9%, Should You Buy the Dip on AT&T?
AT&T's (NYSE: T) stock hit a 52-week high of $29.03 per share on April 3. That represented a gain of more than 60% over the previous year. Investors appear to have embraced AT&T for three reasons:Its wireless business was growing at an impressive rate.Its high dividend became even more attractive as...The Motley Fool
Fri, May 16
Other
Trump says journalist Austin Tice has not been seen in many years
ABOARD AIR FORCE ONE, May 16 (Reuters) - U.S. President Donald Trump said on Friday that American journalist Austin Tice, captured in Syria more than 12 years ago, has not been seen in years.Trump was asked if he brought up Tice when he met with Syria's new President Ahmed al-Sharaa during a vis...Reuters
Fri, May 16
Stocks
US equity funds draw first inflow in five weeks on tariff deal optimism
May 16 (Reuters) - U.S. equity funds attracted inflows for the first time in five weeks in the week through May 14 as optimism over progress in tariff negotiations and easing concerns about rising consumer prices lifted investor sentiment.According to LSEG Lipper data, investors bought a net $12.86 ...Reuters
Fri, May 16
Other
Petco Health and Wellness Company Inc expected to post a loss of 1 cent a share - Earnings Preview
Petco Health and Wellness Company Inc WOOF.OQ WOOF.O is expected to show a fall in quarterly revenue when it reports results on May 20 for the period ending April 30 2025The San Diego California-based company is expected to report a 2.0% decrease in revenue to $1.498 billion from $1.53 billion a y...Reuters
Fri, May 16
Other
FACTBOX-Trump's Gulf tour sparks AI, finance and energy deals
RIYADH/DUBAI, May 16 (Reuters) - U.S. President Donald Trump announced deals worth hundreds of billions of dollars between the United States and Gulf nations during his four-day tour of the oil- and gas-rich Middle East. The agreements span sectors including aviation, artificial intelligen...Reuters
Fri, May 16
Stocks
Prediction: MercadoLibre Will Beat the Market. Here's Why.
If you're happy with average market returns (and it's perfectly fine if you are), then owning a simple S&P 500 index fund will be all you need. If you're hoping to beat the market, though, that's going to require more. Specifically, for most people, it will mean picking individual stocks capable of ...The Motley Fool
Fri, May 16
Other
Xcel Brands Inc expected to post a loss of 95 cents a share - Earnings Preview
Xcel Brands Inc XELB.OQ XELB.O is expected to show a fall in quarterly revenue when it reports results on May 19 (estimated) for the period ending December 31 2024The New York City-based company is expected to report a 16.7% decrease in revenue to $1.905 million from $2.29 million a year ago, acco...Reuters
Fri, May 16
Stocks
Brokerages lower PT on UnitedHealth amid high uncertainty, criminal probe report
** At least 3 brokerages cut PT on UnitedHealth Group UNH.N, but maintain "outperform" rating after a report of a DOJ criminal probe over alleged Medicare fraud** Mizuho cuts to $350 from $515, Bernstein cuts to $377 from $594, and RBC Capital Markets cuts to $355 from $525** Mizuho says the...Reuters
Fri, May 16
Commodities
Pope Leo urges respect for migrants, challenging Trump views
Leo's immigrant background influences his call for compassionPope's speech covers peace, justice and religious freedomLeo condemns arms trade and urges multilateral diplomacyBy Philip Pullella VATICAN CITY, May 16 (Reuters) - U.S.-born Pope Leo XIV, in his first address to world diplo...Reuters
Fri, May 16
Other
American Vanguard Corp expected to post earnings of 20 cents a share - Earnings Preview
American Vanguard Corp AVD.N, AVD is expected to show a fall in quarterly revenue when it reports results on May 15 (estimated) for the period ending December 31 2024The Newport Beach California-based company is expected to report a 1.3% decrease in revenue to $170 million from $172.18 million a y...Reuters
Fri, May 16
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
