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China's CATL to raise at least $4 billion in Hong Kong listing
More than 20 cornerstone investors subscribed for $2.62 billion worth of sharesCATL's shares to start trading on Hong Kong Stock Exchange on May 20Maximum offer price of HK$263 per shareBy Scott Murdoch May 12 (Reuters) - Chinese battery manufacturer CATL 300750.SZ aims to raise at least HK$3...Reuters
Sun, May 11
Stocks
Citi, Morningstar hike PT on Australia's Macquarie post results
** Citi upgrades Macquarie Group MQG.AX to "neutral" from "sell"; hikes PT to A$200 from A$177** MQG's 5.5% jump in FY profit in line with Citi estimate** Brokerage sees co benefitting from its balanced assets portfolio allocation, potential to improve its Return on Equity from r...Reuters
Sun, May 11
Other
OpenAI negotiates with Microsoft for new funding and future IPO, FT reports
May 11 (Reuters) - OpenAI and Microsoft MSFT.O are rewriting terms of their multibillion-dollar partnership in a negotiation designed to allow the ChatGPT maker to launch a future IPO, while protecting the software giant's access to cutting-edge AI models, the Financial Times reported on Sunday....Reuters
Sun, May 11
Forex
AUD/USD gathers strength above 0.6400 amid optimism in US-China trade talks
The AUD/USD pair edges higher to around 0.6420 during the early Asian session on Monday. Optimism in US-China trade negotiations in Geneva, Switzerland, boosts the Australian Dollar (USD) against the Greenback.
Fxstreet
Sun, May 11
Other
Hamas says it will release Israeli-American hostage Edan Alexander
Hamas seeks ceasefire, humanitarian aid with Alexander's releaseQatar and Egypt see release as step towards ceasefire talksTrump's envoy calls release a positive step forwardBy Samia Nakhoul and Nidal al-Mughrabi CAIRO, May 11 (Reuters) - Israeli-American hostage Edan Alexander will soon ...Reuters
Sun, May 11
Commodities
CORRECTED-Trump 'starting to doubt' that Ukraine will reach deal with Russia
May 11 (Reuters) - U.S. President Donald Trump said on Sunday that he was "starting to doubt" that Ukraine will reach a ceasefire deal with Russia, and he urged Ukraine to meet with Russian officials in Turkey on Thursday to negotiate."I'm starting to doubt that Ukraine will make a d...Reuters
Sun, May 11
Stocks
Investors welcome news of progress in US-China trade talks; US stock futures rise
Investors do not expect rapid, easy resolution on tariffsUS negotiators report 'substantial progress' after two days of talksMarkets recover ground after sharp tariff-fueled selloffHopes high for increased clarity, but volatility fears remainAfter first day, Trump said US, China negotiated &...Reuters
Sun, May 11
Other
Trump to sign executive order on reducing prescription drug prices
WASHINGTON, May 11 (Reuters) - U.S. President Donald Trump said on Sunday he would sign an executive order that he said would reduce prescription drug and pharmaceutical prices by between 30% and 80%. In a post on Truth Social, Trump said he would sign the executive order on Monday morning."They...Reuters
Sun, May 11
Stocks
2 Affordable Dividend Growth Stocks to Buy And Hold Forever
Long-term investing is the key to sustainable returns in the stock market because it smooths out near-term volatility to let a company's fundamental value shine through. Regular dividend payments sweeten the deal by providing consistent income that can grow larger over time. Let's explore some reaso...The Motley Fool
Sun, May 11
Stocks
In His Final Annual Meeting as Berkshire Hathaway's CEO, Warren Buffett Once Again Repudiated President Donald Trump's Tariffs
Warren Buffett surprised Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) shareholders earlier this month at the annual shareholders meeting when he announced that he would be ending a 60-year reign as the company's president and CEO at the end of 2025. Greg Abel will take over both roles, and Buffett ...The Motley Fool
Sun, May 11
Stocks
The Best Stocks to Invest $1,000 in Right Now
The stock market may not seem like the friendliest place for investors right now, with the three major benchmarks -- the S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite -- down since the start of the year. Worries about President Donald Trump's plan to impose tariffs on imports h...The Motley Fool
Sun, May 11
Stocks
AI Data Center Demand Is Growing Too Fast. That's an Opportunity for Bloom Energy.
Artificial intelligence (AI) is a powerful tool, and it's likely to change the world in interesting, if not incredible, ways. But AI doesn't exist in a vacuum. The hardware that supports it needs to be housed and powered. The infrastructure buildout to do those two things is going to be massive, and...The Motley Fool
Sun, May 11
