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Stocks
Why Biohaven Stock Dove by Nearly 20% on Thursday
Volatile biotech stock Biohaven (NYSE: BHVN) is prone to sharp movements both up and down. On Thursday, it had one of its down days, with its share price eroding by almost 20% on a development with a top regulator. That was on a day when stocks generally did well, as indicated by the S&P 500 (SNPIND...The Motley Fool
Thu, May 15
Other
Grupo Argos posts Q1 net profit down 69%
BOGOTA, May 15 (Reuters) - Colombia's Grupo Argos ARG.CN reported a 69% year-on-year drop in first-quarter net profit on Thursday, falling to 1.19 trillion pesos ($282.6 million).However, adjusted net profit, excluding non-recurring items, tripled to 113 billion pesos compared to the same period...Reuters
Thu, May 15
Commodities
Brazil food companies Marfrig and BRF to merge, says source
SAO PAULO, May 15 (Reuters) - Brazilian food companies Marfrig MRFG3.SA and BRF BRFS3.SA are expected to announce a merger involving a share swap this evening, a source briefed on the matter told Reuters on condition of anonymity because the deal has not been made public yet.The companies are eyeing...Reuters
Thu, May 15
Cryptocurrencies
Dogecoin Consolidates With Purpose As Breakout Hints At A Rally To $0.4
As Wednesday drew to a close, Dogecoin witnessed a pullback due to growing bearish market sentiment, causing the dog-themed meme coin to enter a consolidation phase. DOGE’s price may be consolidating, but a crypto analyst claims that the development is a promising one that could trigger an upward tr...Bitcoinist
Thu, May 15
Cryptocurrencies
Is Bitcoin Price Turning Bullish Or Bearish? Crypto Analyst Reveals Critical Levels To Watch
Bitcoin’s price action in the past 24 hours has seen it slowly retracing from the $104,000 zone it started the week at. This range has become particularly significant as Bitcoin continues to flirt with levels last seen during its recent push toward new all-time highs. Bitcoin’s price mov...NewsBTC
Thu, May 15
Commodities
CORRECTED-Cava beats quarterly revenue estimates on strong demand
May 15 (Reuters) - Cava Group CAVA.N beat estimates for first-quarter revenue on Thursday, helped by robust demand for its Mediterranean cuisine despite a broader slowdown in dining out across the United States.Cava also maintained its annual forecasts for same-store sales growth and margin at a tim...Reuters
Thu, May 15
Other
US FAA plans new round of talks with airlines to cut Newark flights
By David ShepardsonMay 15 (Reuters) - The Federal Aviation Administration plans a third day of talks on Friday with airlines to temporarily reduce flights at New Jersey's Newark Liberty International Airport after completing an intensive day of discussions seeking to reduce delays, officials sai...Reuters
Thu, May 15
Other
EXPLAINER-Is Qatar's gift of a plane to President Trump allowed under US law?
By Mike Scarcella and Tom Hals May 15 (Reuters) - U.S. President Donald Trump's plan to accept a $400 million airplane from Qatar raises a raft of questions about the scope of laws that relate to gifts from foreign governments and are intended to thwart corruption and improper influence, lega...Reuters
Thu, May 15
Commodities
CANADA-CRUDE-Discount on Western Canada Select heavy crude widens
May 15 (Reuters) - The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) CLc1 widened on Thursday.WCS for June delivery in Hardisty, Alberta, settled at $9.25 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, after havi...Reuters
Thu, May 15
Other
Trump agenda hits speed bump in US Congress as hardliners revolt
House Budget Committee vote may be delayed due to opposition from hardlinersTrump's tax bill extends cuts from first term, costing $3.72 trillion over a decadeRepublicans need unity to pass bill amid Democratic opposition to social program cutsBy David Morgan WASHINGTON, May 15 (Reuters) - A ...Reuters
Thu, May 15
Other
Google hits 150 million users for subscription service with help of AI
By Kenrick Cai SAN FRANCISCO, May 15 (Reuters) - Alphabet's GOOGL.O Google One subscription service, which charges consumers for cloud storage and artificial intelligence features, recently crossed 150 million subscribers, the company told Reuters.That represents a 50% increase since February...Reuters
Thu, May 15
Stocks
Biofrontera Inc reports results for the quarter ended March 31 - Earnings Summary
Biofrontera Inc BFRI.OQ reported a quarterly adjusted loss of 47 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-2.88. The mean expectation of two analysts for the quarter was for a loss of 21 cents per share. Wall Street ...Reuters
Thu, May 15
Other
Credicorp posts 17.6% increase in Q1 net profit
May 15 (Reuters) - Credicorp BAP.LM, one of Peru's largest financial holding companies, posted a first-quarter net profit of 1.78 billion soles on Thursday, up 17.6% from the same period last year.Analysts polled by LSEG had on average predicted a net profit of 1.61 billion soles.Reuters
Thu, May 15
Stocks
Virgin Galactic shares rise as it stays on track to resume commercial spaceflights
** Shares of space company Virgin Galactic SPCE.N jumped as much as 24% to $4.15 after the bell** Company said it was keeping pace with plans to relaunch commercial spaceflights by the summer of 2026** SPCE has planned a commercial spaceflight carrying research payload in the summer of 2026, followe...Reuters
Thu, May 15
Stocks
TTWO Earnings: Waiting for GTA VI
Here's our initial take on Take-Two Interactive's (NASDAQ: TTWO) financial report.Key MetricsMetricQ4 2024Q4 2025Changevs. ExpectationsRevenue$1.40 billion$1.58 billion 13%BeatEarnings per share($17.02)($21.08)N/AMissedNet Bookings$1.35 billion$1.58 billion 17%n/aEBITDA($19.6 million)$161 millionN/A...The Motley Fool
Thu, May 15
Stocks
South Bow Corp reports results for the quarter ended March 31 - Earnings Summary
South Bow Corp SOBO.TO reported quarterly adjusted earnings of 47 cents per share for the quarter ended March 31. The mean expectation of nine analysts for the quarter was for earnings of 41 cents per share. Wall Street expected results to range from 20 cents to 47 cents per share.Revenue was $49...Reuters
Thu, May 15
Other
WRAPUP 10-Peace breakthrough unlikely as Putin declines to meet Zelenskiy in Turkey
Russian delegation head says talks to start Friday morningPutin stays away; Zelenskiy says Russian lineup looks 'decorative'Ukrainian team to be headed by defence ministerTrump says nothing will happen until he and Putin meetSecretary of State Rubio says US has low expectations for talks in ...Reuters
Thu, May 15
Other
CORRECTED-US rooftop solar companies say Republican House bill would be a major setback
Bill would scrap 30% tax credit for homeowners with solar panelsRooftop solar companies employ more than 100,000 workersMany top residential solar markets are in Republican statesBy Nichola GroomMay 15 (Reuters) - Companies that put solar panels on U.S. homes say a Republican budget bill advanced in...Reuters
Thu, May 15
