News
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Cryptocurrencies
Toobit Experts Predict: When Will Bitcoin Hit 200k in 2025?
As the cryptocurrency market continues its rollercoaster journey, investors and enthusiasts are keenly watching Bitcoin’s trajectory. With whispers of a $200,000 price tag circulating, many are wondering if this bold milestone is within reach in 2025. Toobit experts, known for their data-driven insi...NewsBTC
Mon, May 12
Technical Analysis
Silver Price Forecast: XAG/USD faces rejection near descending channel hurdle, around $33.00
Silver (XAG/USD) attracts heavy intraday selling in the vicinity of the $33.00 round figure and dives to over a one-week trough during the first half of the European session on Monday.
Fxstreet
Mon, May 12
Other
First white South Africans fly to US under Trump refugee plan
U.S. prioritises Afrikaner arrivals while blocking othersForty-nine South Africans en route to U.S. Trump says the white refugees face racial discriminationBy Tim Cocks JOHANNESBURG, May 12 (Reuters) - The first 49 white South Africans deemed victims of racial discrimination and granted refugee s...Reuters
Mon, May 12
Other
Nissan to cut over 10,000 more jobs globally, NHK reports
TOKYO, May 12 (Reuters) - Nissan Motor 7201.T will additionally cut more than 10,000 jobs globally, bringing the total cuts including previously announced layoffs to about 15% of its workforce, Japan's public broadcaster NHK reported on Monday.The new cuts will bring the cuts at the struggling J...Reuters
Mon, May 12
Commodities
China's foreign minister meets counterparts from Venezuela, Peru, Uruguay and Cuba
BEIJING, May 12 (Reuters) - China's foreign minister on Monday met with his counterparts from Venezuela, Peru, Uruguay and Cuba in Beijing, statements released by China's foreign ministry said.China is willing to work with countries in the Global South to safeguard multilateralism and free t...Reuters
Mon, May 12
Other
'Magnificent Seven' stocks rise as US-China trade deal boosts market confidence
** The "Magnificent Seven" group of megacap stocks up in premarket trading after the United States and China reached a deal to cut down reciprocal tariffs** Tesla TSLA.O leading gains with a 7% climb, while Nvidia NVDA.O up 4.5%; Meta Platforms META.O and Amazon.com AMZN.O rise between 5% an...Reuters
Mon, May 12
Stocks
What Will Berkshire Hathaway Look Like Without Warren Buffett? Here's What Charlie Munger Predicted 10 Years Ago.
With Warren Buffett's stunning announcement that he will retire by the end of the year, investors are wondering what's in store for Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). Vice Chairman Greg Abel is taking over, but will Berkshire Hathaway be the same?A decade ago, Charlie Munger, Buffett's d...The Motley Fool
Mon, May 12
Stocks
Vipshop to Announce First Quarter 2025 Financial Results on May 20, 2025
GUANGZHOU, China, May 12, 2025 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced that it plans to release its first quarter 2025 financial results on Tuesday, May 20, 2025, b...PR Newswire
Mon, May 12
Other
Rokstone adds Bishop to UK and Ireland casualty team
By Navneeta NandanMay 12 - (The Insurer) - Aventum Group-owned Rokstone has appointed Matt Bishop as class underwriter for its newly launched UK and Ireland casualty division, the company said on Monday.Bishop is the latest underwriter to join Rokstone from Convex and will link up with former collea...Reuters
Mon, May 12
Other
Willis launches Lloyd's backed FinTech Plus
By Michael JonesMay 12 - (The Insurer) - Willis has launched FinTech Plus, a Lloyd's-backed global insurance solution aimed to address the financial risk landscape for FinTech firms, the company said on Monday.This global solution now includes options for comprehensive cyber protection, which Wi...Reuters
Mon, May 12
Stocks
Billionaire Chase Coleman Has 68% of His $24.5 Billion Portfolio Invested in 10 Stocks. Here's the Best of the Bunch.
At age 49, Chase Coleman III is relatively young to be one of the wealthiest people on the planet. But his net worth of $6 billion landed him at No. 581 on Forbes' 2025 ranking of the world's billionaires. Coleman manages even more money than that $6 billion figure. His Tiger Global Management watch...The Motley Fool
Mon, May 12
Stocks
Wondering if Pfizer's 7.6% Dividend Yield Is Sustainable? Here's What You Need to Know.
Income investors have liked Pfizer (NYSE: PFE) for years. However, the big drugmaker's exceptionally juicy dividend these days has made its stock even more attractive.But when a dividend yield reaches ultrahigh levels, investors can feel a heightened level of uncertainty. Wondering if Pfizer's 7.6% ...The Motley Fool
Mon, May 12
Stocks
US STOCKS-US stock futures jump as US-China trade stand-off thaws
Futures advance: Dow 1.99%, S&P 500 2.5%, Nasdaq 3.31% May 12 (Reuters) - U.S. stock index futures jumped on Monday after the United States and China said they had reached a deal to reduce tariffs, easing concerns of an all-out trade war that had gripped global markets. Speaking after talks ...Reuters
Mon, May 12
Stocks
Is Meta Platforms a Better "Magnificent Seven" Stock to Buy Right Now Than Apple?
Sometimes adjectives lose their zing. That might appear to be the case this year when a certain description is used for some of the biggest companies on the planet. Most of the so-called "Magnificent Seven" stocks aren't so magnificent anymore.However, just because these stocks aren't flying as high...The Motley Fool
Mon, May 12
Stocks
U.S.-China Tariff Deal Exceeds Expectations, Risk Assets Rally in Major Reversal! Nasdaq Futures Up 3%, Hong Kong Stocks Jump 6%, Oil Rises 3%, Gold..
TradingKey – Following high-level economic and trade talks, both China and the United States announced "substantial progress" in their negotiations. According to a joint statement released on May 12, China will cut its tariffs on U.S. goods from 125% to 10%, while the U.S. will reduce tariffs on...
TradingKey
Mon, May 12
Other
Pro-Kurdish DEM Party calls for legal framework for PKK process
ANKARA, May 12 (Reuters) - The decision by the Kurdistan Workers Party (PKK) militant group to dissolve has opened the door to a new era but the process requires a legal framework, senior pro-Kurdish DEM Party official Gulistan Kilic Kocyigit told Reuters on Monday."Steps must be taken to build ...Reuters
Mon, May 12
Stocks
President Trump Just Walked Back Another Social Security Change -- and It's a Small Victory for Seniors
The first few months of President Donald Trump's second term have brought a flurry of Social Security changes that may have left you feeling anxious and a little confused. So far, most of the changes he's made are procedural, affecting things like how you verify your identity when you call the Socia...The Motley Fool
Mon, May 12
