News
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Stocks
Landsea Homes jumps on $1.2 billion go-private deal
** Shares of homebuilder Landsea Homes LSEA.O rise 59.4% to $11.18 premarket** New Home Co. is buying LSEA for $11.30/share in cash in deal worth about $1.2 bln, cos said late on Monday** New Home Co. is backed by Apollo Global Management APO.N, which is providing $650 mln in new cash equity** LSEA ...Reuters
Tue, May 13
Commodities
Venture Global says Q1 revenue $2.89 billion versus ibes estimate $2.76 billion
May 13 (Reuters) - Venture Global Inc VG.N:VENTURE GLOBAL Q1 REVENUE $2.89 BILLION VERSUS IBES ESTIMATE $2.76 BILLIONVENTURE GLOBAL Q1 EPS $0.15VENTURE GLOBAL OUTLOOK 2025 CONSOL ADJUSTED EBITDA $6.4 BILLION- $6.8 BILLIONVENTURE GLOBAL: EXPECTS TO EXPORT 145-150 CARGOS FROM CALCASIEU PROJECT AND 222...Reuters
Tue, May 13
Economic Indicator
COLUMN-Forget Trump. A UK deal with the EU is what matters: Klement
By Joachim Klement May 13 - The comprehensive trade deal announced by the U.S. and UK governments last week was a damp squib, but that shouldn’t worry Downing Street. The bigger prize is closer collaboration with the European Union, and that could accelerate after the UK-EU summit next week.The b...Reuters
Tue, May 13
Stocks
UnitedHealth falls after CEO Andrew Witty steps down, suspension of 2025 forecast
** Shares of health insurer UnitedHealth Group UNH.N fall 6.2% to $355.15 premarket ** CEO Andrew Witty decides to step down for personal reasons; co appoints Stephen Hemsley as new CEO effective immediately** Co also suspends 2025 outlook as medical expenditures expected to be higher than anticipat...Reuters
Tue, May 13
Stocks
FedEx rises after signing partnership with Amazon
** Shares of FedEx FDX.N up 1.7% at $237 premarket ** Amazon AMZN.O on Monday signed up FDX for residential deliveries** FDX says "mutually beneficial, multi-year agreement" covers residential delivery of select large packages for AMZN** 21 of 32 brokerages rate FedEx stock "buy" or ...Reuters
Tue, May 13
Other
South Korea Jeju Air crash families file criminal complaint against minister, 14 others
SEOUL, May 13 (Reuters) - Families of victims from the Jeju Air 089590.KS plane that crashed in December have filed a criminal complaint against 15 people including South Korean government officials and airline safety representatives, their lawyers said on Tuesday.Families of 72 of the victims from ...Reuters
Tue, May 13
Economic Indicator
USD/CNH can continue to weaken – UOB Group
US Dollar (USD) could continue to weaken vs Chinese Yuan (CNH); the major support at 7.1700 is likely out of reach for now. In the longer run, renewed downward momentum suggests 7.1700 is back in sight, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, May 13
Forex
Pound Sterling comes under pressure as UK labor market cools down
The Pound Sterling (GBP) trades with caution against its peers on Tuesday after the release of the United Kingdom (UK) labor market data for the three months ending March. The Office for National Statistics (ONS) reported that the ILO Unemployment Rate accelerated to 4.5%, as expected, from 4.4% ...
Fxstreet
Tue, May 13
Stocks
Tuya Upgraded to 'AA' ESG Rating by MSCI
SANTA CLARA, Calif., May 13, 2025 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading AI cloud platform service provider, today announced that MSCI has upgraded its Environmental, Social, and Governance (ESG) rating to 'AA' from 'A'...PR Newswire
Tue, May 13
Stocks
Tuya to Report First Quarter 2025 Financial Results on May 20, 2025 Eastern Time
SANTA CLARA, Calif., May 13, 2025 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading AI cloud platform service provider, today announced that it will report its first quarter 2025 unaudited financial results after the market closes...PR Newswire
Tue, May 13
Stocks
Venture Global rises on FY core profit forecast above estimates
** Shares of LNG producer Venture Global VG.N up ~3% to $10.20 premarket ** Company forecasts FY 2025 core profit above estimates, helped by higher LNG demand and shipments from its projects** VG expects to export 145 to 150 cargos from the Calcasieu project and 222 to 239 cargos from the Plaquemine...Reuters
Tue, May 13
Other
Shopee-owner Sea narrowly misses quarterly revenue estimates
May 13 (Reuters) - Southeast Asian technology firm Sea Ltd SE.N narrowly missed estimates for first-quarter revenue on Tuesday, as consumers dialed back spending on its e-commerce platform in the face of an uncertain economy.Its revenue stood at $4.84 billion for the January to March period, compare...Reuters
Tue, May 13
Stocks
Should Stock Market Investors Buy Affirm Stock?
Affirm (NASDAQ: AFRM) is worrying stock market investors after it reported an increase in default rates among borrowers.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices...The Motley Fool
Tue, May 13
Stocks
Why Amazon Stock Investors Can Be Optimistic About Its Long-Term Prospects
Amazon (NASDAQ: AMZN) may not like the macroeconomic policy coming from the U.S. President, but it is positioned to weather the storm better than its rivals.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »*Stock pr...The Motley Fool
Tue, May 13
Stocks
Better Buy: iShares Bitcoin Trust ETF or Strategy (MicroStrategy)?
Bitcoin (CRYPTO: BTC) continues to shine as the flagship cryptocurrency. Even with some volatility at the start of the year, Bitcoin's price has risen by over 9% since January and more than 60% during the past 12 months.Having Bitcoin exposure as part of a diversified portfolio is not a bad idea, an...The Motley Fool
Tue, May 13
