News
Important Only
Stocks
Citi downgrades AbbVie on US policy risks, pipeline concerns
** Citi downgrades drugmaker AbbVie ABBV.N 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 from quarterly surprises could diminish g...Reuters
Wed, May 14
Stocks
5 Timeless Warren Buffett Quotes That Could Transform Your Investment Approach and Grow Your Wealth
Warren Buffett has uttered lots of words of wisdom, but they're more than just sound bytes. If you actually apply his investing method, or at least use it to inform your own, you could supercharge your investments.Just look at his track record. Since Buffett took over Berkshire Hathaway (NYSE: BRK.A...The Motley Fool
Wed, May 14
Economic Indicator
EXCLUSIVE-Ketchup maker Kraft Heinz investing $3 billion upgrading US manufacturing
By Jessica DiNapoli NEW YORK, May 14 (Reuters) - Kraft Heinz KHC.O is spending $3 billion to upgrade its U.S. factories, its largest investment in its plants in a decade, even as executives say consumer sentiment is at its second-lowest point in 70 years, and it has cut sales and profit forecasts...Reuters
Wed, May 14
Other
TIMELINE-How Libya's crisis unfolded after its 2011 uprising
May 14 (Reuters) - Here is a timeline chronicling Libya's years of chaos and division: 2011 - Revolt and civil warAn uprising against Muammar Gaddafi's four-decade rule rapidly spreads, becoming an armed revolt aided by NATO airstrikes. Gaddafi is ousted in August and killed in October b...Reuters
Wed, May 14
Stocks
Tesla board explores new pay deal for CEO Elon Musk, FT reports
May 14 (Reuters) - Tesla's TSLA.O board has formed a special committee to review CEO Elon Musk's compensation, which could result in a new stock options package, the Financial Times reported on Wednesday.The two-member committee comprises Tesla board Chair Robyn Denholm and independent board...
Reuters
Wed, May 14
Forex
Sterling snaps seven-day streak of gains against the euro
May 14 (Reuters) - Sterling slid against the euro on Wednesday after seven straight days of gains, while it rose against a weakened dollar as the market shed the initial optimism from a de-escalation in U.S.-China trade tensions at the beginning of the week.
Indices
US Dollar extends losses for second consecutive day after inflation miss, Forex talks with Korea
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is adding to its losses and dives toward the 100-marker on Wednesday.Fxstreet
Wed, May 14
Stocks
KKR rises after Morgan Stanley upgrades to 'overweight'
** Alternative asset manager KKR's KKR.N shares rise 1.5% to $128.82 premarket** Morgan Stanley upgrades KKR to "overweight" from "equal-weight"; raises PT to $150 from $120, an 18% upside to stock's last close** Brokerage says greater-than-expected tariff de-escalation with ...Reuters
Wed, May 14
Cryptocurrencies
Bitcoin Barely Budges Despite Softer US CPI Data – What’s Next For BTC?
Bitcoin (BTC) remained largely stable after the release of the US Consumer Price Index (CPI) for April 2025, which came in below expectations. The data suggests inflation is continuing to cool, a potentially positive sign for risk-on assets like BTC. Bitcoin Makes Minimal Move After April CPI Data T
Other
Sinner hears Pope Leo's tennis confession
VATICAN CITY, May 14 (Reuters) - Italian tennis star Jannik Sinner had an audience on Wednesday with the newly elected Pope Leo XIV, himself a keen tennis player, the Vatican said.Sinner was invited to the Vatican along with his parents and a delegation from the Italian Tennis Federation.Leo joked e...Reuters
Wed, May 14
Other
Morning News Call - U.S., May 14
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
Wed, May 14
Stocks
Nu Q1 Earnings: Expansion Takes a Toll
Here's our initial take on Nu Holdings' (NYSE: NU) fiscal 2025 first-quarter financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsRevenue$2.74 billion$3.25 billion 19%BeatAdjusted EPS$0.09$0.12 33%MissedActive customers82.6 million98.7 million 19%n/aDeposits$24.3 billion$31.6 billio...The Motley Fool
Wed, May 14
Stocks
LIVE MARKETS-Is the BoE back in the money?
STOXX 600 down 0.5%ABN, Burberry pop on resultsTrump in the Middle EastNasdaq futures steadyWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com IS THE BOE BACK IN THE MONEY? The B...Reuters
Wed, May 14
Other
FAA holds meeting with US airlines to cap Newark flights
By David Shepardson WASHINGTON, May 14 (Reuters) - The Federal Aviation Administration is holding a two-day meeting with major airlines on Wednesday to discuss its proposal to cut flights at Newark Liberty International Airport in order to address major delays.The meeting in Washington comes as a...Reuters
Wed, May 14
Stocks
Will XRP Hit $5? 3 Things That Could Make It Happen by 2027
XRP's (CRYPTO: XRP) recent price is about $2.55, but during the next couple of years, there's a real chance that it could roughly double to reach $5 or higher.But for that to occur, three things in particular need to happen. Let's examine each so that you can decide whether to invest as these issues...The Motley Fool
Wed, May 14
Other
China's market regulator calls on platform firms to support individual businesses
BEIJING, May 14 (Reuters) - China's market regulator held a meeting on Tuesday to call on the country's platform companies to support individual business owners, according to a readout of the meeting released on Wednesday.The State Administration for Market Regulation encouraged platform com...Reuters
Wed, May 14
Forex
Turkey's Simsek says economic transformation on track despite slower growth
By Libby George and Karin Strohecker LONDON, May 14 (Reuters) - Turkey's finance minister said the country's economic transformation was on track and that the country was prepared to deal with slower growth. Finance Minister Mehmet Simsek said that tighter financial conditions, lower oil ...Reuters
Wed, May 14
