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Stocks
Why Heavy Equipment Stocks Gained Ground Today
Over the weekend, the United States and China laid out the framework for a trade deal and suspended some of the most onerous tariffs imposed by the two countries.It isn't a done deal yet, but shares of heavy equipment companies that were facing a two-sided blow from the tariffs are rallying on the n...The Motley Fool
Mon, May 12
Other
Belite Bio Inc expected to post a loss of 37 cents a share - Earnings Preview
Belite Bio Inc BLTE.OQ BLTE.O is expected to show no change in quarterly revenue when it reports results on May 14 for the period ending March 31 2025LSEG's mean analyst estimate for Belite Bio Inc is for a loss of 37 cents per share. The current average analyst rating on the shares is "bu...Reuters
Mon, May 12
Stocks
Perpetua Resources Corp reports results for the quarter ended March 31 - Earnings Summary
Perpetua Resources Corp PPTA.TO reported quarterly adjusted earnings of 12 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -12 cents. The lone analyst forecast for the quarter was for a loss of 5 cents per share. Reported re...Reuters
Mon, May 12
Other
Intelligent Protection Management Corp expected to post a loss of 8 cents a share - Earnings Preview
Intelligent Protection Management Corp IPM.OQ IPM.O is expected to show a rise in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The Jericho New York-based company is expected to report a 122.3% increase in revenue to $5.774 million from $2.6 million a year ...Reuters
Mon, May 12
Stocks
BioCardia Inc expected to post a loss of 39 cents a share - Earnings Preview
BioCardia Inc BCDA.OQ BCDA.O is expected to report resultson May 14 for the period ending March 31 2025LSEG's mean analyst estimate for BioCardia Inc is for a loss of 39 cents per share. The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 ...Reuters
Mon, May 12
Other
Celcuity Inc expected to post a loss of 86 cents a share - Earnings Preview
Celcuity Inc CELC.OQ CELC.O is expected to show no change in quarterly revenue when it reports results on May 14 for the period ending March 31 2025LSEG's mean analyst estimate for Celcuity Inc is for a loss of 86 cents per share. The current average analyst rating on the shares is "buy...Reuters
Mon, May 12
Other
Trump calls out weight-loss drugs as target of price-cut push
U.S. weight-loss drug prices exceed those in other developed countriesDrugmakers say they support fairer cost-sharing across countriesSome 40% of Americans estimated to have obesityExecutive order to focus on drugs with largest price disparities, expenditures By Deena Beasley May 12 (Reuters) - T...Reuters
Mon, May 12
Stocks
US STOCKS-Wall Street equity indexes rally after US-China tariff truce
By Sinéad Carew and Shashwat Chauhan May 12 (Reuters) - Wall Street's three major indexes rallied sharply on Monday with the S&P 500 hitting its highest levels since early March as a U.S.-China agreement to temporarily slash tariffs brought some hopes for the easing of a global trade war,...Reuters
Mon, May 12
Cryptocurrencies
XRP Analyst Highlights Ultimate Targets And Selling Strategy As XRP Price Rebounds
XRP analyst Egrag Crypto has alluded to an analysis in which he revealed his ultimate targets and selling strategy for the altcoin. This comes as the altcoin’s price rebounds, looking to break the $3 resistance and reach new highs. Analyst Highlights Strategy As XRP Price Rebounds In an X post...Bitcoinist
Mon, May 12
Commodities
US will fast-track Utah uranium mine permit
May 12 (Reuters) - The U.S. Interior Department said on Monday it will fast-track environmental permitting for Anfield Energy's AEC.V proposed Velvet-Wood uranium mine project in Utah to boost President Donald Trump's efforts to ramp up domestic energy production.As a result, the project'...Reuters
Mon, May 12
Stocks
EMERGING MARKETS-FX tumbles, stocks higher on commodity boost after US-China tariff relief
Brazil says China to invest $4.78 billion as Lula visits BeijingEconomists say Brazil's monetary tightening cycle is overChile central bank seen holding rate at 5% next meeting, poll showsIndian, Pakistani assets soar after ceasefire By Nikhil Sharma, Johann M Cherian and Purvi Agarwal May 12...Reuters
Mon, May 12
Commodities
Oil prices settle up at 2-week high as US, China ease tariffs
U.S. and China agree to 90-day pause on tariffsSaudi Aramco expects oil demand to remain resilient this yearIraq oil exports on track to decline in May and JuneBy Scott DiSavino NEW YORK, May 12 (Reuters) - Oil prices rose about 1.5% to settle at a two-week high on Monday, after the U.S. and Chin...Reuters
Mon, May 12
Other
CORRECTED-Grifols says on course to meet 2025 outlook as net profit triples
MADRID, May 12 (Reuters) - Grifols's net profit almost tripled from a year earlier, which the Spanish drugmaker said reinforced its confidence in meeting its full-year guidance.Reported group profit grew by 179% in the first three months of the year to 60 million euros ($66.41 million) while adj...Reuters
Mon, May 12
Stocks
Kroger, other staples companies fall, as market rallies on tariff news
** Shares of supermarket operator Kroger Co KR.N was down 4.2% at $68.84 in afternoon trading Mon, hitting their lowest level since mid-April, while grocer Albertsons ACI.N was down 1.2% at $22.21** Kroger was among the biggest decliners in the S&P 500 consumer staples .SPLRCS sector Monday, whi...Reuters
Mon, May 12
Stocks
TSX Composite set for biggest turnover since 2022 as trade tensions reshape index
Investing.com -- Canada’s S&P/TSX Composite Index is on track to see its largest reshuffle in nearly three years, driven by strong price divergence across sectors and geopolitical uncertainty, accordiInvesting.com
Mon, May 12
Other
'Black Swan' hedge fund Universa reaps 100% return amid tariff chaos, investor says
Universa uses options to profit from severe market dislocations'Black Swan' author Taleb is Universa's scientific adviserUniversa gained 4,000% during March 2020 COVID market crashBy Carolina Mandl NEW YORK, May 12 (Reuters) - "Black Swan" hedge fund Universa Investments poste...Reuters
Mon, May 12
Other
Cannes Film Festival director wants more details on Trump tariff plans
CANNES, France, May 12 (Reuters) - Cannes Film Festival director Thierry Fremaux wants more details before discussing President Donald Trump's proposed tariffs on films made outside the United States, he said on Monday. Fremaux, speaking to journalists one day before the festival is due to start...Reuters
Mon, May 12
Stocks
Ethereum Heats Up to Lead Crypto Higher
The crypto market has been on a tear over the past week and had a great weekend as news broke that tariffs would be reduced between the U.S. and China. But the trade started to unwind as crypto fell, starting shortly after trading began on Wall Street on Monday.Ethereum (CRYPTO: ETH) has been the bi...The Motley Fool
Mon, May 12
Commodities
ICE canola futures mixed despite soyoil surge
WINNIPEG, Manitoba, May 12 (Reuters) - ICE canola futures were slightly weaker for old-crop months and modestly higher for new-crop months on Monday, despite excitement in the Chicago grains complex and exuberance in equity markets.• The news of a U.S.-China trade war ceasefire spurred a relief rall...Reuters
Mon, May 12
