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Neuralink Says Launching Our First Clinical Trial In The Middle East At Cleveland Clinic Abu Dhabi
May 14 (Reuters) - NEURALINK: LAUNCHING OUR FIRST CLINICAL TRIAL IN THE MIDDLE EAST AT CLEVELAND CLINIC ABU DHABINEURALINK: UAE-PRIME TRIAL EXPLORES HOW INDIVIDUALS WITH MOTOR AND SPEECH IMPAIRMENT CAN USE THOUGHT TO CONTROL DEVICES & COMMUNICATESource text: https://tinyurl.com/bdmwwc66Further ...Reuters
Wed, May 14
Stocks
AI chipmaker AMD unveils $6 billion buyback plan
May 14 (Reuters) - Advanced Micro Devices AMD.O on Wednesday announced a new $6 billion stock buyback plan, joining a string of chipmakers that are looking to reduce their float as the AI trade that has powered their shares shows some signs of slowing. Shares of the Santa Clara, California-based com...Reuters
Wed, May 14
Stocks
Aerospace parts maker Loar falls as top holders to trim stakes
** Shares of Loar Holdings LOAR.N fall 7.5% to $86.18 early Weds after aerospace parts suppler launches secondary offering** White Plains, New York-based firm late Tues said certain stockholders to sell 9 mln shares** Hedge fund Abrams Capital Management, a 40% holder, Blackstone BX.N and GPV Loar, ...Reuters
Wed, May 14
Stocks
Exelixis hits 25-year high after lifting 2025 revenue forecast
** Shares of cancer drugmaker Exelixis EXEL.O rise as much as 19.2% to near 25-year high of $45.29 ** Stock is set for its best day in over five years, if gains hold** Co late on Tuesday raised 2025 rev. forecast between $2.25 billion and $2.35 billion, compared with prior view of between $2.15 bill...Reuters
Wed, May 14
Other
Warner Bros Discovery revives HBO Max branding for global push
May 14 (Reuters) - Warner Bros Discovery WBD.O is hitting rewind on Max's branding, bringing back the HBO name it dropped from the streaming service two years ago.The company will rebrand its streaming platform as HBO Max this summer, betting that the iconic brand's global reputation will dr...Reuters
Wed, May 14
Stocks
US STOCKS-S&P flat as investors focus on trade developments
Indexes up: Dow 0.07%, S&P 500 0.03%, Nasdaq 0.26%Three Fed speakers scheduled to speak on WednesdayAmerican Eagle Outfitters drops after withdrawing FY forecastBy Shashwat Chauhan and Pranav Kashyap May 14 (Reuters) - The S&P 500 was flat in choppy trading on Wednesday after the week...Reuters
Wed, May 14
Economic Indicator
Domino's India operator posts higher profit on strong online sales, new stores
By Shivani TannaMay 14 (Reuters) - India's Jubilant FoodWorks JUBI.NS reported increased fourth-quarter profit and sales growth on Wednesday, as the Domino's Pizza franchisee benefited from strong online sales due to discounts and free deliveries, as well as new store additions.India's f...Reuters
Wed, May 14
Stocks
Legend Biotech slips after brokerages cut PT
** Shares of biopharmaceutical company Legend Biotech LEGN.O slip 5.6% to $29.33 after at least two brokerages cut PT following Q1 results** Truist cuts PT to $71 from $88; says co's multiple myeloma cancer drug Carvykti's U.S. growth was slower with manufacturing facility in partnership wit...Reuters
Wed, May 14
Other
US health secretary Kennedy says he will spend any money Congress appropriates for NIH
WASHINGTON, May 14 (Reuters) - U.S. health secretary Robert F. Kennedy Jr. said at a House Appropriations Committee hearing on Wednesday he would spend any funds appropriated by Congress for biomedical research at the National Institutes for Health.Kennedy was responding to a question from Represent...Reuters
Wed, May 14
Other
China pauses some non-tariff measures on US entities
BEIJING, May 14 (Reuters) - China on Wednesday paused some non-tariff measures taken against 17 U.S. entities put on its unreliable entity list in April and 28 U.S. entities on its export control list, the commerce ministry said.Reuters
Wed, May 14
Commodities
INSIGHT-Rogue communication devices found in Chinese solar power inverters
Rogue communication devices found in Chinese solar invertersUndocumented cellular radios also found in Chinese batteries U.S. says continually assesses risk with emerging technologyU.S. working to integrate 'trusted equipment' into the gridBy Sarah McFarlane LONDON, May 14 (Reuters) - U.S...Reuters
Wed, May 14
Other
Trump envoy Witkoff says he will go to Turkey on Friday for Russia-Ukraine talks
DOHA, May 14 (Reuters) - U.S. President Donald Trump's envoy Steve Witkoff said he and Secretary of State Marco Rubio would travel to Istanbul on Friday for Russia-Ukraine talks. Witkoff told reporters in Doha that it was unclear if Russian President Vladimir Putin will attend the planned talks...Reuters
Wed, May 14
Commodities
EU ready to take slow road in US trade talks in pursuit of bigger deal
US says European Union moving 'much slower' than some othersEU officials say won't accept unfair deal to secure quick winEU wants a comprehensive trade agreement By Philip Blenkinsop and Jan Strupczewski BRUSSELS, May 14 (Reuters) - When U.S. Treasury Secretary Scott Bessent this week...Reuters
Wed, May 14
Stocks
LIVE MARKETS-Would-be homebuyers whistle past mortgage rate uptick
Nasdaq up ~0.4%, Dow edges green, S&P 500 just above flatTech leads S&P 500 sector gainers; Utilities weakest groupEuro STOXX 600 index off ~0.2%Dollar, crude decline; bitcoin off >1%; gold slides ~2%US 10-Year Treasury yield edges down to ~4.49%Welcome to the home for real-time coverage ...Reuters
Wed, May 14
Stocks
American Eagle Outfitters sinks after pulling annual outlook
** Apparel company American Eagle Outfitters AEO.N down as much as 8.8% at $11.60 in early trading** Co withdrew its annual forecasts on Tuesday and took a $75 million inventory charge on its spring and summer collection due to economic uncertainty fueled by tariffs** Jefferies cuts PT on the stock ...Reuters
Wed, May 14
Other
Galectin Therapeutics Inc expected to post a loss of 20 cents a share - Earnings Preview
Galectin Therapeutics Inc GALT.OQ GALT.O is expected to report results on May 16 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Galectin Therapeutics Inc is for a loss of 20 cents per share. The one available analyst rating on the shares is "hold". The ...Reuters
Wed, May 14
Commodities
TABLE-US generated fewer renewable blending credits in April, EPA says
NEW YORK, May 14 (Reuters) - The United States generated fewer renewable blending credits in April versus the prior month, data from the Environmental Protection Agency showed on Wednesday.About 1.16 billion ethanol (D6) blending credits were generated in April, compared with about 1.21 billion in M...Reuters
Wed, May 14
