News
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Stocks
Will AI Search Engines Cripple Google's Dominance?
Artificial intelligence (AI) is rapidly changing the way many companies, across all industries, are doing their day-to-day work. Some of the biggest changes are undoubtedly in technology, where many top companies are investing heavily into AI chatbots and related functions. As that happens, one comp...The Motley Fool
Wed, May 14
Other
Totalis launches entertainment industry-focused MGA Spotlight
By Chris MunroMay 14 - (The Insurer) - Totalis Program Underwriters has added to its roster of MGAs with the launch of Spotlight Entertainment Insurance, which provides insurance solutions to ancillary businesses that support production companies within the entertainment industry.Spotlight has been ...Reuters
Wed, May 14
Other
Golf-McIlroy living the dream at Quail Hollow with career Grand Slam complete
By Frank PingueCHARLOTTE, North Carolina, May 14 (Reuters) - Rory McIlroy, whose Masters triumph last month completed a years-long pursuit of the career Grand Slam, said on Wednesday he has accomplished everything in golf he ever dreamed of and will not be burdened by any number-specific goals goin...Reuters
Wed, May 14
Stocks
Group 1 Automotive falls after Guggenheim downgrades to 'neutral'
** Automotive retailer co Group 1 Automotive GPI.N falls marginally 0.4% to $447 in early-trade** Guggenheim downgrades co to "neutral" from "buy"; price target unchanged at $426** Says rating change due to mix of premium valuation, potential tariff risk on the business and expected ...Reuters
Wed, May 14
Commodities
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
Stocks
European Wax Center rises on upbeat quarterly results, eyes best day
** Shares of out-of-home waxing services provider European Wax Center EWCZ.O rise as much as 26% to $4.99 in early trading** Stock set for its best day on record, if gains hold** Co beat estimates for Q1 revenue and adjusted core profit, according to data compiled by LSEG** System-wide sales rose 2....Reuters
Wed, May 14
Other
Solid Biosciences Inc expected to post a loss of 56 cents a share - Earnings Preview
Solid Biosciences Inc SLDB.OQ SLDB.O is expected to show no change in quarterly revenue when it reports results on May 16 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Solid Biosciences Inc is for a loss of 56 cents per share. The current average analyst ratin...Reuters
Wed, May 14
Stocks
Mesa Air falls after posting quarterly loss
** Mesa Air MESA.O shares fall 1% to $1 after posting Q4 loss** Co posts Q4 net loss of 60 cents, narrower than the loss of 69 cents in same quarter last year** MESA Q4 total operating revenue up nearly 1% to $115.3 mln** Including session moves shares are down 13.8% YTD compared with a 10% YTD decl...Reuters
Wed, May 14
Stocks
Microbot Medical Inc expected to post a loss of 13 cents a share - Earnings Preview
Microbot Medical Inc MBOT.OQ MBOT.O is expected to show no change in quarterly revenue when it reports results on May 16 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Microbot Medical Inc is for a loss of 13 cents per share. The one available analyst rating on...Reuters
Wed, May 14
Stocks
Dynatrace rises after FY 2026 forecasts beat estimates
** Shares of software intelligence company Dynatrace DT.N rise almost 3% to $52.07 after upbeat FY outlook, Q4 results** Co expects FY 2026 adj. EPS to be between $1.56 and $1.59, revenue to be $1.95 bln to $1.97 bln vs. analyst estimates of EPS of $1.54 and $1.94 bln revenue - LSEG data** Co posts ...Reuters
Wed, May 14
Stocks
AbbVie falls after Citi downgrades on US policy risks, pipeline concerns
** Shares of drugmaker AbbVie ABBV.N fall 1.5% to $185.43 after brokerage Citi downgrades to "neutral" from "buy"; cuts PT to $205 from $210** New PT represents 9.04% upside to stock's last close ** "While current fundamentals are solid, we suspect that the share impact fr...Reuters
Wed, May 14
Stocks
Tesla adds to gains as board committee studies new compensation package for Musk
Investing.com -- Tesla Inc (NASDAQ:TSLA) shares gained in pre-open trading Wednesday following reports that the board is looking at new ways to compensate CEO Elon Musk after a record-setting pay packInvesting.com
Wed, May 14
Stocks
BlackRock, PIF To Launch An Index Mandate Focusing On Saudi Equities
May 14 (Reuters) - BLACKROCK INC BLK.N:BLACKROCK AND PIF CONTINUE STRATEGIC COLLABORATION TO FURTHER DEVELOP AND ACCELERATE GROWTH OF CAPITAL MARKETS IN SAUDI ARABIABLACKROCK, PIF SIGN NON-BINDING LETTER OF INTENT (LOI) TO FORMALIZE THEIR STRATEGIC COLLABORATION THROUGH POTENTIAL NEW ALLOCATIONS TO ...Reuters
Wed, May 14
Other
Canadian industry minister says she plans to talk to head of Honda
OTTAWA, May 14 (Reuters) - New Canadian Industry Minister Melanie Joly on Wednesday told reporters she planned to talk to the head of Honda Motor 7267.T by the end of the day after the carmaker said it would pause a major Canadian project.Honda on Tuesday forecast a 59% profit decrease in the curren...Reuters
Wed, May 14
Other
Trump's drug pricing order threatens Roche's $50 billion US investment plans, company says
LONDON, May 14 (Reuters) - U.S. President Donald Trump's executive order on drug pricing threatens Roche's ROG.S planned $50 billion investment in the United States, the company said on Wednesday.Trump's order, signed Monday, directs pharmaceutical companies drugmakers to lower prices of...Reuters
Wed, May 14
Cryptocurrencies
Price Down, Bets Up: Dogecoin Open Interest Climbs To $1.62 Billion
Dogecoin traders are showing a lot of interest in futures contracts, even though the coin’s price has dipped a bit. That split between price moves and betting activity is drawing attention. Related Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling Futures Interest Cli...NewsBTC
Wed, May 14
Cryptocurrencies
Bitcoin To Replace US Dollar In ‘10 Years,’ Says Legendary Investor
Tim Draper, the legendary BTC investor and venture capitalist who famously bought almost 30,000 BTC for roughly $19 million at a 2014 US Marshals Service auction, believes the world will abandon the greenback for Bitcoin within a decade. Speaking in a wide-ranging podcast interview released this wee...Bitcoinist
Wed, May 14
