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BYD factory delayed in Brazil to be 'fully functional' by end-2026, says official
By Fabio Teixeira RIO DE JANEIRO, May 12 (Reuters) - Chinese electric car maker BYD's 002594.SZ new factory in Brazil will be "fully functional" by December 2026, after its operations were delayed because of an investigation into labor abuses, Bahia state labor secretary Augusto V...
Reuters
Mon, May 12
Other
Bionano Genomics Inc
expected to post a loss of $3.02 a share - Earnings Preview
Bionano Genomics Inc BNGO.OQ BNGO.O is expected to show a fall in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The San Diego California-based company is expected to report a 28.9% decrease in revenue to $6.233 million from $8.77 million a year ago, accordi...
Reuters
Mon, May 12
Other
Kayne Anderson BDC Announces March 31, 2025 Financial Results And Declares Second Quarter 2025 Dividend Of $0.40 Per Share
May 12 (Reuters) - Kayne Anderson BDC Inc KBDC.N:KAYNE ANDERSON BDC, INC. ANNOUNCES MARCH 31, 2025 FINANCIAL RESULTS AND DECLARES SECOND QUARTER 2025 DIVIDEND OF $0.40 PER SHAREKAYNE ANDERSON BDC INC QTRLY NET INVESTMENT INCOME OF $28.7 MILLION, OR $0.40 PER SHARE
Reuters
Mon, May 12
Stocks
TRADING DAY-Tariff truce a market 'game changer'
By Jamie McGeever ORLANDO, Florida, May 12 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist Movin' on upRelief and optimism coursed through world markets on Monday, putting a fire under stocks, the dollar and bond yields...
Reuters
Mon, May 12
Forex
EUR/JPY Price Analysis: Euro holds near 165.00 as bullish momentum builds
The EUR/JPY pair advanced on Monday, trading near the 165.00 zone after the European session, reflecting a strong bullish tone as the market heads into the Asian session.
EUR/JPY
Fxstreet
Mon, May 12
Stocks
Bolt Biotherapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Bolt Biotherapeutics Inc BOLT.OQ reported a quarterly adjusted loss of 29 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -28 cents. The mean expectation of four analysts for the quarter was for a loss of 36 cents per share. ...
Reuters
Mon, May 12
Economic Indicator
Mexico’s Finance Minister ‘reasonably confident’ about fiscal projections – El Financiero
Mexico’s Finance Minister Edgar Amador noted that he is "reasonably confident" about the Treasury's fiscal and growth projections for the year.
USD/MXN
Fxstreet
Mon, May 12
Other
Yduqs posts Q1 adjusted net profit of 153.7 mln reais (LSEG poll 149 mln reais)
May 12 (Reuters) - YDUQS Participacoes SA YDUQ3.SA:REPORTS Q1 ADJUSTED NET PROFIT OF 153.7 MILLION REAIS (LSEG POLL 149 MILLION REAIS)REPORTS Q1 ADJUSTED EBITDA OF 514.5 MILLION REAIS (LSEG POLL 542 MILLION REAIS)
Reuters
Mon, May 12
Other
Jeff McElfresh To Update Shareholders At The 53Rd Annual J.P. Morgan Global Technology, Media And Communications Conference On May 13
May 12 (Reuters) - JPMorgan Chase & Co JPM.N:JEFF MCELFRESH TO UPDATE SHAREHOLDERS AT THE 53RD ANNUAL J.P. MORGAN GLOBAL TECHNOLOGY, MEDIA AND COMMUNICATIONS CONFERENCE ON MAY 13
Reuters
Mon, May 12
Stocks
GCT Semiconductor Holding Inc
expected to post a loss of 10 cents a share - Earnings Preview
GCT Semiconductor Holding Inc GCTS.N, GCTS.K is expected to report resultson May 14 for the period ending March 31 2025The San Jose California-based company is expected to report revenue of $1.874 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst estim...
Reuters
Mon, May 12
Other
Microvast Holdings QTRLY Non-GAAP EPS $0.06 QTRLY Revenue $116.5 Million
May 12 (Reuters) - Microvast Holdings Inc MVST.O:MICROVAST HOLDINGS INC - QTRLY NON-GAAP EPS $0.06; QTRLY REVENUE $116.5 MILLIONMICROVAST HOLDINGS INC - FOR REMAINDER OF 2025, CO MAINTAINS TARGET REVENUE GROWTH OF 18% TO 25% YOY AND REVENUE GUIDANCE OF $450 MILLION- $475 MILLION
Reuters
Mon, May 12
Other
Aeva Technologies Inc
expected to post a loss of 51 cents a share - Earnings Preview
Aeva Technologies Inc AEVA.OQ AEVA.O is expected to show a rise in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The Mountain View California-based company is expected to report a 10.7% increase in revenue to $2.333 million from $2.11 million a year ago, ac...
Reuters
Mon, May 12
Other
Aterian Inc
expected to post a loss of 69 cents a share - Earnings Preview
Aterian Inc ATER.OQ ATER.O is expected to show a fall in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The Summit New Jersey-based company is expected to report a 26.0% decrease in revenue to $14.95 million from $20.21 million a year ago, according to the e...
Reuters
Mon, May 12
Other
Republicans float new tax breaks for tips, local taxes in Trump budget package
Plan calls for extending 2017 tax cuts, tightening Medicaid benefitsIncorporates many of Trump's campaign promisesWould add trillions of dollars to U.S. debtBy Bo Erickson, David Morgan and Andy Sullivan WASHINGTON, May 12 (Reuters) - Republicans in the U.S. Congress proposed new tax breaks f...
Reuters
Mon, May 12
Commodities
Chevron attempting to restart El Segundo, California refinery after taking units offline last week
NEW YORK, May 12 (Reuters) - Chevron CVX.N is attempting to restart the El Segundo, California refinery after taking units offline last week, sources familiar with plan operations said on Monday.The El Segundo refinery has brought its 100,500-barrel per day (bpd) crude distillation unit back online,...
Reuters
Mon, May 12
Other
Usio Inc
expected to post earnings of 2 cents a share - Earnings Preview
Usio Inc USIO.OQ USIO.O is expected to show a rise in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The San Antonio Texas-based company is expected to report a 8.2% increase in revenue to $21.992 million from $20.32 million a year ago, according to the mean...
Reuters
Mon, May 12
Stocks
Immunome Inc reports results for the quarter ended March 31 - Earnings Summary
Immunome Inc IMNM.OQ reported a quarterly adjusted loss of 52 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-2.51. The mean expectation of nine analysts for the quarter was for a loss of 68 cents per share. Wall Street ex...
Reuters
Mon, May 12
Other
zSpace, Inc.
expected to post a loss of 16 cents a share - Earnings Preview
zSpace, Inc. ZSPC.OQ ZSPC.O is expected to report resultson May 14 for the period ending March 31 2025The San Jose California-based company is expected to report revenue of $5.027 million, according to the mean estimate from 3 analysts, based on LSEG data.LSEG's mean analyst estimate for zSpac...
Reuters
Mon, May 12
Stocks
Why SoundHound AI Stock Skyrocketed Today
Shares of SoundHound AI (NASDAQ: SOUN) were soaring on Monday. The artificial intelligence (AI) voice technology company's stock closed the day up 22.6%, and was up as much as 24.9% earlier in the day. The significant jump comes as the S&P 500 (SNPINDEX: ^GSPC) gained 3.3% and the Nasdaq Composite (...
The Motley Fool
Mon, May 12
Other
Sigma Lithium Corp
expected to post a loss of 2 cents a share - Earnings Preview
Sigma Lithium Corp SGML.V is expected to show a rise in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The Vancouver British Columbia-based company is expected to report a 22.3% increase in revenue to C$61.639 million from C$50.41 million a year ago, accord...
Reuters
Mon, May 12
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