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Exclusive: Aspen’s Jennings leaving to launch inland marine business at K2
By David BullMay 13 - (The Insurer) - Josh Jennings is leaving his position as head of inland marine and property programs at Aspen Insurance to join expansive MGA platform K2 Insurance Services.Sources familiar with the situation said that Jennings is expected to launch a new inland marine offering...Reuters
Tue, May 13
Other
'Massive' EU sanctions on Russia would take time and US help, diplomats say
Europeans told Putin to back ceasefire or face more sanctionsMerz says energy and financial sectors could be targetedBut new measures would face political hurdles within EUSanctions would also need Trump backing to be effectiveBy John Irish, Lili Bayer and Julia Payne BRUSSELS/PARIS, May 13 (Reut...Reuters
Tue, May 13
Stocks
Why Nvidia Stock Surged Higher Again Today
The recovery in Nvidia (NASDAQ: NVDA) stock continues again today. After plunging more than 30% from 2025 highs, shares of the advanced semiconductor company have been staging a comeback in recent weeks.Today's move comes as CEO Jensen Huang attends the Saudi Arabia-U.S. investment forum along with ...The Motley Fool
Tue, May 13
Stocks
LIVE MARKETS-Tariffs on companies' minds, ESG fades
Nasdaq rallies ~1.5%, S&P 500 rises ~0.8%, Dow dipsTech leads S&P 500 sector gainers; Healthcare weakest groupEuro STOXX 600 index up ~0.1%Dollar slides; gold, bitcoin gain; crude up >2.5%US 10-Year Treasury yield rises to ~4.50%Welcome to the home for real-time coverage of markets brough...Reuters
Tue, May 13
Commodities
METALS-Temporary US-China trade truce, weaker dollar drive copper to six-week high
By Ashitha Shivaprasad May 13 (Reuters) - Copper prices rose on Tuesday after the United States said it would cut some tariffs on imports from China, where inventories have dropped significantly. Benchmark copper CMCU3 on the London Metal Exchange was up 0.8% at $9,594.50 a metric ton by 1550 GMT...Reuters
Tue, May 13
Stocks
Bone Biologics Corp reports results for the quarter ended March 31 - Earnings Summary
Bone Biologics Corp BBLG.OQ reported a quarterly adjusted loss of 32 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.31. The lone analyst forecast for the quarter was for a loss of 48 cents per share. Reported revenue wa...Reuters
Tue, May 13
Cryptocurrencies
Dogecoin Hits Critical Zone—Here’s What 3 Leading Analysts Are Watching
Dogecoin’s revival from the late-April trough at $0.1298 to Monday’s intraday spike at roughly $0.2597 has thrust the original meme-asset into a technically decisive arena, inspiring three top market technicians to publish fresh views. What’s Next For Dogecoin? Crypto analyst Ali Martinez plot...NewsBTC
Tue, May 13
Other
Oak Re bolsters senior ranks with four new hires
By Chris MunroMay 13 - (The Insurer) - Oak Re has added four senior staff to its ranks with the hires of Tom Dickson as president, Roland Morse as managing director for London, Karen Barker as credit underwriter and Deepon Sen Gupta as head of capital partnerships.Dickson has joined Oak Re as presid...Reuters
Tue, May 13
Cryptocurrencies
Bitcoin’s Biggest Believers? Corporations Take The Lead In Accumulation—Research
The race for Bitcoin is shifting. Big companies are racing ahead of funds and everyday investors. Corporate treasuries have grabbed 157,000 BTC so far this year. That’s roughly $16 billion at today’s prices. Meanwhile, exchange-traded funds have picked up 49,000 BTC—about $5 billion. Governments chi...Bitcoinist
Tue, May 13
Stocks
Two Key Developments Sparked a Rally for Nvidia Stock on Tuesday
Shares of Nvidia (NASDAQ: NVDA) were off to the races on Tuesday, climbing as much as 6.4%. As of 11:35 a.m. ET, the stock was still up 5.6%.The catalyst that sent the artificial intelligence (AI) chipmaker higher was news that the company could gain greater access to two important markets.Where to ...The Motley Fool
Tue, May 13
Other
Trump says US adding $1 trillion of investment with Saudi trip
RIYADH, May 13 (Reuters) - U.S. President Donald Trump said on Tuesday that the United States was adding over $1 trillion in investments with his trip to Saudi Arabia, citing multibillion-dollar commercial deals expected with large companies including Amazon AMZN.O, Oracle ORCL.N and others."...Reuters
Tue, May 13
Stocks
US STOCKS-S&P 500, Nasdaq rise on trade optimism after soft inflation data
Indexes: Dow down 0.40%, S&P 500 up 0.77%, Nasdaq up 1.49%April CPI at 2.3% YoY versus 2.4% estimateCoinbase up after firm to join S&P 500UnitedHealth suspends annual forecast, CEO steps downBy Shashwat Chauhan and Pranav Kashyap May 13 (Reuters) - The S&P 500 and the Nasdaq advan...Reuters
Tue, May 13
Other
Israeli military says it struck 'a Hamas command center' beneath a Gaza hospital
CAIRO, May 13 (Reuters) - The Israeli military said on Tuesday it had struck a "Hamas command center" beneath southern Gaza's European hospital.Gaza's health ministry confirmed the strikes without providing details on casualties.Reuters
Tue, May 13
Stocks
Why NuScale Power Stock Was Surging Today
Shares of NuScale Power (NYSE: SMR), the development-stage maker of small modular reactors, beat estimates in its first-quarter earnings report and is making progress with a range of initiatives.As of 10:48 a.m. ET, the stock was up 17.2% on the news.Where to invest $1,000 right now? Our analyst tea...The Motley Fool
Tue, May 13
Other
Trump says tax bill is in good shape to pass
May 13 (Reuters) - U.S. President Donald Trump said Tuesday that the newly unveiled tax legislation is well-positioned to pass, following the release of the House Republicans' tax plan details the day before."I'm pleased to report that the United States Congress is on the verge of passin...Reuters
Tue, May 13
Stocks
Hertz shares slump after quarterly results miss Wall Street estimates
By Chibuike Oguh NEW YORK, May 13 (Reuters) - Shares of Hertz Global HTZ.O fell more than 20% on Tuesday after the rental car company's results missed Wall Street expectations due to reduced vehicle fleet and a moderation in bookings.Estero, Florida-based Hertz reported a nearly 13% drop in r...Reuters
Tue, May 13
Other
US says Trump's 'unification' comment was about US-China trade
Trump makes 'unification' comment to reporters in White HouseU.S. de facto embassy says position on Taiwan has not changedChina has vowed to 'reunify' with Taiwan, by force if neededTaiwan rejects Beijing's sovereignty claims TAIPEI, May 13 (Reuters) - U.S. President Donald Tr...Reuters
Tue, May 13
Other
Golf-Timed to perfection, Thomas in form for PGA Championship
By Frank PingueCHARLOTTE, North Carolina, May 13 (Reuters) - Justin Thomas' game appears to be building toward something bigger and he could not have timed it any better given this week's PGA Championship at Quail Hollow Club is being contested at the site of his major breakthrough in 2017....Reuters
Tue, May 13
Other
Zelenskiy hopes to attend Pope Leo's inaugural Mass, top aide says
ROME, May 13 (Reuters) - Ukrainian President Volodymyr Zelenskiy plans to attend the inaugural Mass of newly elected Pope Leo at the Vatican on Sunday, war commitments permitting, a top presidential aide told Reuters on Tuesday.In a telephone interview from Kyiv, Zelenskiy's chief of staff Andri...Reuters
Tue, May 13
Other
US weighs letting UAE buy over a million advanced Nvidia chips, Bloomberg News reports
May 13 (Reuters) - The Trump administration is weighing a deal that would allow the UAE to import more than a million advanced Nvidia NVDA.O chips, a quantity that far exceeds limits under Biden-era AI chip regulations, Bloomberg News reported on Tuesday.Reuters
Tue, May 13
