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Wood Mackenzie sees challenges meeting gas power demand over next 15 years
May 14 (Reuters) - The gas turbine market might have trouble satisfying strong demand in the next 15 years due to manufacturing constraints, rising costs and competition from renewables, energy research firm Wood Mackenzie said in a report on Wednesday.Wood Mackenzie expects new gas-fired generation...Reuters
Wed, May 14
Stocks
Elicio Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Elicio Therapeutics Inc ELTX.OQ reported a quarterly adjusted loss of 87 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.15. The mean expectation of three analysts for the quarter was for a loss of 83 cents per share. Wa...Reuters
Wed, May 14
Other
Lockheed Martin CFO Says F35 Lot 19 Award Has The Potential To Accelerate Compared To Previous Expectation Of H2 Of The Year - Conf.
May 14 (Reuters) - Lockheed Martin Corp LMT.N:LOCKHEED MARTIN CFO: F35 LOT 19 AWARD HAS THE POTENTIAL TO ACCELERATE COMPARED TO PREVIOUS EXPECTATION OF H2 OF THE YEAR - CONF.LOCKHEED MARTIN CFO: WHAT OUR CUSTOMER IS TELLING US NOW IS TO EXPECT LOT 18 AND LOT 19 TO BE COMBINED INTO A SINGLE AWARDLOCK...Reuters
Wed, May 14
Other
'Too good to be true': investors eye Syria after Trump sanctions move
Lifting sanctions expected to boost Syrian economy and attract investmentsSyrian diaspora, Turkey, Gulf states expected to invest in reconstructionChallenges remain with armed groups, Kurdish demands, and sectarian violenceSyrian billionaire says ready to investBy Timour Azhari and Karin Strohecker ...Reuters
Wed, May 14
Stocks
Chicago Atlantic BDC Inc reports results for the quarter ended March 31 - Earnings Summary
Chicago Atlantic BDC Inc LIEN.OQ reported quarterly adjusted earnings of 34 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 33 cents. The mean expectation of two analysts for the quarter was for earnings of 31 cents per shar...Reuters
Wed, May 14
Stocks
Why Super Micro Computer Stock Soared Again Today
The rally in Super Micro Computer (NASDAQ: SMCI) stock continued today as investors got another positive data point on the artificial intelligence (AI) server maker.One day after the stock jumped after Wall Street analysts said it was one of the best ways to get exposure to AI, Supermicro, as the co...The Motley Fool
Wed, May 14
Other
Mali judge expected to order reopening of Barrick mine under new management, sources say
DAKAR, May 14 (Reuters) - A Malian judge is on Thursday expected to order the reopening of Barrick MiningABX.TO 's Loulo-Gounkoto complex under new management at the request of Mali's government, three people familiar with the matter said.A dispute between the state and the Canadian miner ha...Reuters
Wed, May 14
Other
EXCLUSIVE-Microsoft's Office-Teams offer will likely stave off EU antitrust fine, sources say
By Foo Yun Chee BRUSSELS, May 14 (Reuters) - Microsoft MSFT.O is set to stave off a possible hefty antitrust fine as EU regulators are likely to accept an offer on its Office and Teams products, three people familiar with the matter said on Wednesday, amid tensions with the United States over the...Reuters
Wed, May 14
Stocks
Why Intel Stock Is Sinking Today
Shares of Intel (NASDAQ: INTC) are falling on Wednesday. The semiconductor giant's stock lost 4.4% as of 3:30 p.m. ET and as much as 4.9% earlier in the day. The fall comes as the S&P 500 lost 0.2% and the Nasdaq Composite rose 0.3%.A Citi research note revealed Intel's market share has fallen to a ...The Motley Fool
Wed, May 14
Stocks
Seaport starts coverage of Enova with 'buy' rating
** Seaport Research initiates coverage of online financial services provider Enova International ENVA.N with a "buy" rating, saying co has a strong competitive advantage** Brokerage says ENVA has a superior data advantage that is applied to all aspects of its business** "As an online len...Reuters
Wed, May 14
Other
Rumble hires litigator David Boies in Google antitrust lawsuit ahead of trial
By Mike Scarcella May 14 (Reuters) - Video sharing platform Rumble is adding famed litigator David Boies to its trial team in a federal lawsuit accusing Alphabet’s Google of suppressing online video competition, a court filing showed.Boies will work with a group of attorneys from law firm Cadwala...Reuters
Wed, May 14
Stocks
U.S. STOCKS ON THE MOVE-Robinhood, Oklo, Chimera Investment
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The S&P 500 wavered between gains and losses on Wednesday after a robust start to the week spurred by soft inflation data and the U.S.-China tariff truce, as investors watched for trade ...Reuters
Wed, May 14
Other
Bypassed by Trump, Israel dismayed but silent
Trump's Middle East focus shifts to Gulf business dealsPM Netanyahu's right-wing govt at odds with some U.S. policy shiftsU.S.-Israel relations strong but diverging priorities evident, say observersBy James Mackenzie JERUSALEM, May 14 (Reuters) - Israel's right-wing government has mai...Reuters
Wed, May 14
Other
US drug overdose deaths dropped to 5-year low in 2024, CDC data shows
By Mariam SunnyMay 14 (Reuters) - Drug overdose deaths in the United States fell nearly 27% in 2024, federal estimates showed on Wednesday, marking the steepest decline ever and reaching the lowest levels since 2019. Nearly 80,391 people died from drug overdose in the U.S. in 2024, compared with 110...Reuters
Wed, May 14
Stocks
Halozyme falls after Morgan Stanley downgrades
** Shares of biopharma co Halozyme Therapeutics HALO.O fall 4.5% to $47.98** Morgan Stanley downgrades HALO's rating to "equal-weight" from "overweight"; cuts PT to $62 from $73** The U.S. Centers for Medicare and Medicaid Services (CMS) draft may impact HALO's drug pricing, ...Reuters
Wed, May 14
Other
Irenic Capital Management Intends To Vote Against Some Legacy Members Of Forward Air's Board At AGM
May 14 (Reuters) - Irenic Capital Management:IRENIC CAPITAL MANAGEMENT: AGREE WITH ANCORA HOLDINGS GROUP'S DECISION TO WITHHOLD SUPPORT FOR SOME LEGACY DIRECTORS AT FORWARD AIR'S ANNUAL MEETINGIRENIC CAPITAL MANAGEMENT: INTENDS TO VOTE AGAINST SOME LEGACY MEMBERS OF FORWARD AIR'S BOARD A...Reuters
Wed, May 14
Other
US FDA expands use of Merck's cancer drug for adrenal gland tumors
May 14 (Reuters) - The U.S. Food and Drug Administration said on Wednesday it has approved the expanded use of Merck's MRK.N cancer drug to treat two rare types of adrenal gland tumors.The drug, Welireg, became the first FDA-approved oral treatment for pheochromocytoma and paraganglioma (PPGL), ...Reuters
Wed, May 14
Other
CANADA RESEARCH ROUNDUP-Constellation Software, Exchange Income, Paramount Resources
May 14 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Constellation Software, Exchange Income and Paramount Resources on Wednesday. HIGHLIGHTS * Constellation Software Inc CSU.TO: Jefferies raises PT to C$5850 from C$5350 * Dream Off...Reuters
Wed, May 14
Stocks
Why Remitly Global Stock Was Sliding Today
Shares of Remitly Global (NASDAQ: RELY), the tech-forward remittance specialist, were pulling back today due to talk in Washington about a possible remittance tax as lawmakers look for ways to dissuade immigrants from sending money out of the country or collect a fee on those transactions.As a resul...The Motley Fool
Wed, May 14
