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Stocks
BREAKINGVIEWS-US-China truce cools down trade war, for now
By Hudson Lockett HONG KONG, May 12 (Reuters Breakingviews) - Doomsday has been undone, for now. Forty days after President Donald Trump announced his reckless reciprocal tariffs in the White House Rose Garden, leading to a full-blown U.S.-China trade war with triple-digit levies, both sides have...Reuters
Mon, May 12
Cryptocurrencies
From Tokyo With Bitcoin: Metaplanet Tops El Salvador In Crypto Holdings
Metaplanet, which is listed in Tokyo, has added nearly $130 million to its Bitcoin reserve to become among the largest holders globally, surpassing El Salvador. The company says the latest purchase increases its balance to 6,796 Bitcoin, just a whisker above the 6,714 coins possessed by the Central ...Bitcoinist
Mon, May 12
Other
Polestar narrows quarterly loss on cost-saving push, improved demand
May 12 (Reuters) - Swedish electric-vehicle maker Polestar PSNY.O reported a 31% reduction in its quarterly loss on Monday, in a sign that the company's efforts to cut costs across its business and push sales of its higher-priced models were bearing fruit.Polestar had been grappling with balloon...Reuters
Mon, May 12
Other
Israeli quantum computing firm Classiq raises $110 million in private funding
JERUSALEM, May 12 (Reuters) - Israeli quantum computing startup Classiq has raised $110 million in a mid-stage private funding round, it said on Monday, bringing its total fundraising to $173 million.Quantum computing holds the promise of carrying out calculations that would take today’s systems mil...Reuters
Mon, May 12
Stocks
MORNING BID AMERICAS-Trade peace in our time?
By Mike Dolan LONDON, May 12 (Reuters) - What matters in U.S. and global markets todayBy Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets A confusing mix of trade policy shifts and opaque economic data has left financial markets and the Federal Reserve searching for ...Reuters
Mon, May 12
Other
Taiwan test fires for first time new US-supplied HIMARS rocket system
By Ann Wang and Annabelle Chih JIUPENG, Taiwan, May 12 (Reuters) - Taiwan on Monday test-fired for the first time a new U.S.-supplied rocket system that has been widely used by Ukraine against Russia and could be deployed to hit targets in China if there is a war with Taiwan.The United States is ...Reuters
Mon, May 12
Other
Sally Beauty Holdings Expects FY Comparable Sales To Be Flat To Down 1% Vs Prior Year
May 12 (Reuters) - Sally Beauty Holdings Inc SBH.N:SALLY BEAUTY HOLDINGS INC Q2 CONSOLIDATED COMPARABLE SALES DECREASE OF 1.3%SALLY BEAUTY OUTLOOK FY ADJUSTED OPERATING MARGIN 8-8.5%SALLY BEAUTY Q2 SALES USD 883.146 MILLION VERSUS. IBES ESTIMATE USD 901.5 MILLIONSALLY BEAUTY Q2 NET EARNINGS USD 39.2...Reuters
Mon, May 12
Commodities
US Nat Gas opens lower on storage surplus – ING
US natural gas prices fell early Thursday as rising inventories outweighed modest weather-driven demand expectations, with the supply surplus building faster than anticipated, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Mon, May 12
Cryptocurrencies
Dogecoin price 40% surge tests crucial resistance amid easing trade tensions
Dogecoin (DOGE) rally gains bullish momentum to exchange hands at $0.25 at the time of writing on Monday. Since the tariff-triggered crash on April 7, the largest meme coin by market capitalization has edged higher on easing trade tensions.
Fxstreet
Mon, May 12
Stocks
The Ultimate Growth Stock to Buy With $1,000 Right Now
Got an extra $1,000 you're ready to invest for a while but don't know which stocks to buy? If so, you're not alone. The past few weeks have been full of tariff-driven turmoil. The beginning of earnings season has only added to the uncertainty.There's arguably at least one name, however, that's worth...The Motley Fool
Mon, May 12
Stocks
US medical device makers climbs after US and China agree to slash tariffs
** Shares of U.S. medical device makers rise premarket, after the U.S. and China agreed to temporarily slash reciprocal tariffs on each other's goods** The U.S. will cut tariffs on Chinese imports from 145% to 30% and China will cut tariffs on US imports from 125% to 10%** Shares of GE Healthcar...Reuters
Mon, May 12
Stocks
US retailers rise after US, China agree to ease some tariffs, 90-day pause
** Shares of retailers surge in premarket trading after U.S. and China agree to ease some tariffs and a 90-day pause** While a 30% tariff is still a significant hit to retailers’ margins, ... the tentative deal provides some breathing room as retailers gear up for back-to-school and holiday shopping...Reuters
Mon, May 12
Stocks
Gryphon Digital Mining soars on merger with Eric Trump-backed American Bitcoin
** Bitcoin miner Gryphon Digital Mining's GRYP.O shares rocket 332.7% to $2.25 premarket** Hut 8 HUT.O arm American Bitcoin set to go public through merger with Nasdaq-listed Gryphon** Combined company will operate under the American Bitcoin brand on Nasdaq under the ticker symbol "ABTC"...Reuters
Mon, May 12
Stocks
Liquidia falls after United Therapeutics files new patent suit over inhaled drug
** Shares of biopharma firm Liquidia Corp LQDA.O fall 5% to $14.50 premarket** United Therapeutics Corporation UTHR.O filed a litigation against Liquidia on May 9 in the U.S. District Court of North Carolina, alleging infringement of U.S. Patent, LQDA says** The lawsuit seeks to block Liquidia from...Reuters
Mon, May 12
Commodities
US Virgin Islands involved in US international ship registry proposal, governor says
LONDON, May 12 (Reuters) - The U.S. Virgin Islands (USVI) is involved in a proposal that aims to create a US international ship registry domiciled in the U.S. territory, the island's governor said.President Donald Trump's administration is considering the proposal as part of efforts to enlar...Reuters
Mon, May 12
Other
EU's Virkkunen will travel to the United States on Tuesday
BRUSSELS, May 12 (Reuters) - Henna Virkkunen, the European Union's tech commissioner, will go to the United States on Tuesday, an EU spokesperson said on Monday, following phone conversations with MetaMETA.O's Mark Zuckerberg.Brussels has moved forward with billions of euros' worth of fi...Reuters
Mon, May 12
Stocks
Better Buy: Joby Aviation vs. Southwest Airlines
With the S&P 500 down more than 3% year to date (as of this writing), many investors aren't feeling so motivated to add positions to their holdings right now. This lack of interest, however, can be shortsighted. Times like these are when savvy investors who recognize the potential of quality compani...The Motley Fool
Mon, May 12
Stocks
US big banks rise as US-China trade war softens
** Shares of big U.S. banks rise premarket as investors welcome the temporary slashing of tariffs by the two biggest world economies, signaling de-escalation of a trade war that has stoked fears of recession and roiled financial markets** Goldman Sachs up 5.1%, Bank of AmericaReuters
Mon, May 12
Stocks
Apple rises after report on co considering raising iPhone prices
** Shares of Apple AAPL.O rise 7% to $212.03 premarket** AAPL is considering raising prices of its fall iPhone lineup, Wall Street Journal reports, citing people familiar with matter** Co is seeking to add new features and design changes, report says ** Apple is determined to avoid any scenario i...Reuters
Mon, May 12
