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Stocks
Is Tesla Stock Overvalued?
Tesla (NASDAQ: TSLA) stock has recovered from lows hit earlier this year, but the company's operations continue to struggle. Will the company live up to lofty expectations in AI and robotics or is this stock overvalued?*Stock prices used were end-of-day prices of May 12, 2025. The video was publishe...The Motley Fool
Thu, May 15
Stocks
Tariffs Have Crushed Amazon Stock. Here's Why It Could Still Become Wall Street's First $5 Trillion Company Instead of Nvidia.
If one word can sum up the story of the stock market in 2025, it is tariffs. President Donald Trump has levied baseline tariffs on goods from many nations around the globe, but his administration has taken its most aggressive stance against China. For weeks, Chinese imports were being taxed at an av...The Motley Fool
Thu, May 15
Stocks
X Financial to Report First Quarter 2025 Financial Results on May 20, 2025
SHENZHEN, China, May 15, 2025 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company"), a leading online personal finance company in China, today announced that it will release its unaudited financial results for the first quarter ended March 31, 2025, before the open of U.S. markets o...PR Newswire
Thu, May 15
Economic Indicator
Powell's lean to job market under microscope as Fed revisits strategy
Fed reviewing policy framework during two-day conferenceCurrent framework was adopted in August 2020Fed's approach was meant to limit sacrifice of jobs to inflationBy Howard Schneider WASHINGTON, May 15 (Reuters) - With mounting evidence that tight labor markets do not necessarily boost infla...Reuters
Thu, May 15
Other
Republicans embrace Trump's populist tax push with midterms in mind
Working-class voters turned toward Trump in NovemberCritics argue tax bill favors wealthy despite populist rhetoricHouse bill could add $3.7 trillion to national debtTemporary relief may not meet expectations for lower-income AmericansBy David Morgan and Bo Erickson WASHINGTON, May 15 (Reuters) -...Reuters
Thu, May 15
Other
US Supreme Court to hear Trump bid to restrict birthright citizenship
Trump order targeted children of certain immigrantsThree judges issued orders blocking policy nationwideAdministration challenges nationwide injunctionsBy Andrew Chung, John Kruzel WASHINGTON, May 15 (Reuters) - The U.S. Supreme Court is poised on Thursday to consider Donald Trump's attempt t...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, legal ex...Reuters
Thu, May 15
Other
IN CASE YOU MISSED IT–Schedule of Reuters features from this week
May 15 - Every week, Reuters journalists produce scores of multimedia features and human-interest stories from around the world.Below are some stories from this week selected by our editors, as well as explanatory context and background to help you understand world headlines. For a full schedule of ...Reuters
Thu, May 15
Stocks
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025June 17-18 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)July 29-30 (second day: statement released 1400 EDT/18...Reuters
Thu, May 15
Other
Sean 'Diddy' Combs' ex-girlfriend to face cross-examination at hip-hop mogul's criminal trial
Cassie Ventura accuses Combs of rape and abuseCombs' lawyers suggest Ventura motivated by moneyCombs also faces multiple civil lawsuits for sexual abuseBy Jack Queen and Jonathan Stempel NEW YORK, May 15 (Reuters) - Sean “Diddy” Combs' former girlfriend Casandra Ventura will likely face a...Reuters
Thu, May 15
Economic Indicator
PREVIEW-JPMorgan investors look for clarity on tariff impact, succession plan
Investors await bank's commentary on economy and business impactAll eyes on any clues regarding succession timelineNo changes on earnings outlook expectedShareholders keen to learn more on buyback, AIBy Nupur Anand NEW YORK, May 15 (Reuters) - JPMorgan Chase JPM.N investors will be keen to le...Reuters
Thu, May 15
Other
EXPLAINER-What is US birthright citizenship, and can Trump end it?
By Tom Hals WILMINGTON, Delaware, May 15 (Reuters) - The U.S. Supreme Court will hear arguments on Thursday on President Donald Trump's bid to broadly enforce his executive order ending birthright citizenship, a principle that has been recognized in the United States for more than 150 years. ...Reuters
Thu, May 15
Other
Group that opposed OpenAI's restructuring raises concerns about new revamp plan
By Anna Tong SAN FRANCISCO, May 15 (Reuters) - A group that opposed OpenAI's restructuring wrote in a letter this week that the startup's new organizational plan still does not go far enough to safeguard the ChatGPT creator from generating dangerous artificial intelligence technology.In t...Reuters
Thu, May 15
Commodities
ANALYSIS-Trump's Qatari 747 may need fighter escorts to serve as Air Force One
Plane could be restricted to flying inside US unless significant upgrades made, experts sayTrump could waive specific safety requirements, if he choosesTrump has dismissed criticism of his plan to receive and use the planeBy Mike Stone, David Shepardson and Tim Hepher WASHINGTON, May 15 (Reuters)...Reuters
Thu, May 15
Other
Ant Group quarterly profit down 31.4% year-on-year to 5.4 billion yuan
SHANGHAI, May 15 (Reuters) - China's Ant Group posted net profit of 5.4 billion yuan ($749 million) for the three months to December 31, down 31.4% from a year earlier, Reuters calculations based on Alibaba Group Holdings' 9988.HK earnings released on Thursday showed.The e-commerce giant rep...Reuters
Thu, May 15
Stocks
US STOCKS-US stock futures slide as tariff rally eases, UnitedHealth slips
Futures down: Dow 0.4%, S&P 500 0.64%, Nasdaq 0.84%Fed Chair Jerome Powell to speak later in the dayUnitedHealth down after report co under criminal probe May 15 (Reuters) - U.S. stock index futures slipped on Thursday as a rally fueled by the U.S.-China tariff truce appeared to ease, while U...Reuters
Thu, May 15
Stocks
Lockheed Martin edges higher after Trump floats possible new F-55 warplane, F-22 upgrade
** Defense giant Lockheed Martin's shares LMT.N rise 1.5% to $456 premarket** U.S. examining possible development of twin-engined warplane to be known as F-55, as well as upgrade to its LMT-made F-22 Raptor called F-22 Super, President Donald Trump said** Trump referred to the proposed F-55 as b...Reuters
Thu, May 15
Stocks
What Most-Favored-Nation Status Could Mean for Pharmaceutical Stocks
Recently, the Trump Administration signed an executive order to lower the prices Americans pay for prescription drugs. According to the administration, the U.S. funds roughly 75% of global pharmaceutical profits despite having less than 5% of the population.It's no secret that brand-name drugs in th...The Motley Fool
Thu, May 15
Economic Indicator
Trump: India has offered US a trade deal with no tariffs
May 15 (Reuters) - U.S. President Donald Trump said on Thursday that India had offered a trade deal that proposed "no tariffs" for American goods, while expressing his dissatisfaction with Apple's (AAPL.O) plans to invest in India.New Delhi is seeking to clinch a trade deal with the U.S....Reuters
Thu, May 15
Economic Indicator
DXY: Markets are very sensitive to comments surrounding FX – OCBC
There was quite a bit of volatility in FX markets overnight, with USD declining at first, in response to the Bloomberg headline that US discussed FX with South Korea. DXY was last at 100.77 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Thu, May 15
