News
Important Only
Stocks
U.S. STOCKS ON THE MOVE-HCI Group, Tesla, Kingstone
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes rose on Friday, marking their third straight day of gains, as investors assessed fresh comments from President Donald Trump regarding tariffs on China ahead of...Reuters
Fri, May 9
Other
ESSA Pharma Inc expected to post a loss of 17 cents a share - Earnings Preview
ESSA Pharma Inc EPIX.OQ EPIX.O is expected to report results on August 4 (estimated) for the period ending June 30 2025LSEG's mean analyst estimate for ESSA Pharma Inc is for a loss of 17 cents per share. The current average analyst rating on the shares is "hold" and the breakdown of re...Reuters
Fri, May 9
Other
Hudbay Minerals Inc expected to post earnings of 11 cents a share - Earnings Preview
Hudbay Minerals Inc HBM.TO is expected to show a rise in quarterly revenue when it reports results on May 9 for the period ending March 31 2025The Toronto Ontario-based company is expected to report a 9.3% increase in revenue to $573.886 million from $524.99 million a year ago, according to the m...Reuters
Fri, May 9
Stocks
Sun Life rises after higher Q1 profit
** Life insurer Sun Life Financial SLF.TO shares jump ~5.1% to C$87.79 ** On Thursday, SLF reported a rise in Q1 profit, helped by strength in its Asia market and strong performance in its wealth and asset management business.** Company reported net income of C$928 mln ($666.09 million) or C$1.62 pe...Reuters
Fri, May 9
Other
Santander rejects NatWest's nearly $15 billion bid for UK retail unit, FT reports
May 9 (Reuters) - Banco Santander SAN.MC has rejected an offer of around 11 billion pounds ($14.63 billion) from NatWest NWG.L for its UK retail bank, saying the bid undervalued the business, the Financial Times reported on Friday.The approach by the state-backed British lender, which was being advi...Reuters
Fri, May 9
Other
Terns Pharmaceuticals Inc expected to post a loss of 29 cents a share - Earnings Preview
Terns Pharmaceuticals Inc TERN.OQ TERN.O is expected to show no change in quarterly revenue when it reports results on August 4 (estimated) for the period ending June 30 2025LSEG's mean analyst estimate for Terns Pharmaceuticals Inc is for a loss of 29 cents per share. The current average anal...Reuters
Fri, May 9
Other
Ovid Therapeutics Inc expected to post a loss of 14 cents a share - Earnings Preview
Ovid Therapeutics Inc OVID.OQ OVID.O is expected to show a fall in quarterly revenue when it reports results on May 12 (estimated) for the period ending March 31 2025The New York City-based company is expected to report a 66.2% decrease in revenue to $50 thousand from $148 thousand a year ago, acc...Reuters
Fri, May 9
Other
US FDA permits use of three natural-source colors in food items
May 9 (Reuters) - The U.S. Food and Drug Administration said on Friday that it had granted permissions to three new color additives, marking them as safe to use in food products and expanding the range of natural-source colors available to manufacturers. Health Secretary Robert F. Kennedy Jr. and...Reuters
Fri, May 9
Other
Editas Medicine Inc expected to post a loss of 59 cents a share - Earnings Preview
Editas Medicine Inc EDIT.OQ EDIT.O is expected to show a fall in quarterly revenue when it reports results on May 12 for the period ending March 31 2025The Cambridge Massachusetts-based company is expected to report a 37.8% decrease in revenue to $706 thousand from $1.14 million a year ago, accord...Reuters
Fri, May 9
Other
Passage Bio Inc expected to post a loss of 23 cents a share - Earnings Preview
Passage Bio Inc PASG.OQ PASG.O is expected to show no change in quarterly revenue when it reports results on May 12 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Passage Bio Inc is for a loss of 23 cents per share. The current average analyst rating on the sha...Reuters
Fri, May 9
Other
INSIGHT-Inside China's decision to come to the table on Trump tariffs
China's economic concerns prompt trade talks with Trump team, officials sayGeneva talks highlight deep mistrust between US and ChinaEasing of Trump's rhetoric cleared path for talks, officials sayUS letter to China on fentanyl created friction, officials sayBy Antoni Slodkowski and Laurie Ch...Reuters
Fri, May 9
Stocks
2 Artificial Intelligence (AI) Stocks That Look Undervalued in Today's Market
The artificial intelligence (AI) boom is still in full swing, and experts agree that most of its shareholder value creation still lies ahead. It's like the internet in the early 2000s, personal computers in the 1980s and 1990s, or gas-powered cars replacing horse-drawn carriages long before that. Th...The Motley Fool
Fri, May 9
Other
Gallagher Re: Shift in reinsurers supporting MGA business as Swiss Re and Munich Re cut back
By David BullMay 9 - (The Insurer) - There has been a significant shift in the line-up of top 10 reinsurers supporting U.S. MGA and programs business, as industry giants Swiss Re and Munich Re have cut back their participation and companies such as Topsail Re and ICW have moved up the rankings, acco...Reuters
Fri, May 9
Other
MAG Silver Corp expected to post earnings of 24 cents a share - Earnings Preview
MAG Silver Corp MAG.TO is expected to show no change in quarterly revenue when it reports results for the period ending June 30 2025LSEG's mean analyst estimate for MAG Silver Corp is for earnings of 24 cents per share. The current average analyst rating on the shares is "buy" and th...Reuters
Fri, May 9
Technical Analysis
EUR/USD Price Analysis: Euro steadies near 1.1300 as bullish signals gain traction
The EUR/USD pair advanced modestly on Friday, trading near the 1.1300 zone after the European session. Price action remained contained within the day’s range, reflecting steady demand despite mixed short-term momentum signals.
Fxstreet
Fri, May 9
Economic Indicator
Fed's independent structure has proved its worth, Waller says
By Howard Schneider PALO ALTO, California, May 9 (Reuters) - The structure of the Federal Reserve's Board of Governors, with members who cannot be fired over policy disputes and serve for periods staggered across presidential terms, has "stood the test of time" and should be preserved...Reuters
Fri, May 9
Other
Leap Therapeutics Inc expected to post a loss of 38 cents a share - Earnings Preview
Leap Therapeutics Inc LPTX.OQ LPTX.O is expected to show no change in quarterly revenue when it reports results on May 12 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Leap Therapeutics Inc is for a loss of 38 cents per share. The one available analyst rating ...Reuters
Fri, May 9
