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Cryptocurrencies
Doubts Grow Over Cardano (ADA) Hitting $5, Analysts Highlight A Stronger Crypto Token Opportunity
Despite Cardano’s (ADA) strong technical foundation and loyal community, doubts are emerging about its ability to hit the much-anticipated $5 mark in the near future. Trading around $0.67, ADA’s price growth has been sluggish. While Cardano remains a solid project with long-term potential, analysts are now pointing to newer tokens with higher upside in the […]Cryptopolitan
Fri, May 9
Stocks
Brainstorm Cell Therapeutics Inc expected to post a loss of 97 cents a share - Earnings Preview
Brainstorm Cell Therapeutics Inc BCLI.OQ BCLI.O is expected to show no change in quarterly revenue when it reports results on May 15 for the period ending March 31 2025LSEG's mean analyst estimate for Brainstorm Cell Therapeutics Inc is for a loss of 97 cents per share. The one available analy...Reuters
Fri, May 9
Other
POET Technologies Inc expected to post a loss of 6 cents a share - Earnings Preview
POET Technologies Inc POET.OQ, POET.O is expected to show a rise in quarterly revenue when it reports results on May 13 (estimated) for the period ending March 31 2025The Toronto Ontario-based company is expected to report a 4,492.4% increase in revenue to $400 thousand from $8.71 thousand a year ...Reuters
Fri, May 9
Commodities
GRAINS-Chicago soy, corn and wheat higher with trade talks, weather in focus
By Ella Cao and Gus Trompiz BEIJING/PARIS, May 9 (Reuters) - Chicago soybean, corn and wheat futures edged higher on Friday as looming U.S.-China talks raised hopes of an easing in trade tensions.A lower dollar =USD and brisk weekly U.S. exports also helped corn recover from a six-week low on Thu...Reuters
Fri, May 9
Economic Indicator
Mexican Peso holds recent gains as traders await Consumer Confidence data and trade talks outcome
The Mexican Peso (MXN) is trading broadly flat against the US Dollar (USD) in Friday’s European session, as attention turns to upcoming Mexican Consumer Confidence data and a series of Federal Reserve (Fed) speeches, as traders head towards the weekend focusing on the US-China trade discussions to b
Fxstreet
Fri, May 9
Stocks
Oil firms rise ahead of US-China trade talks
** U.S.-listed shares of oil firms rise premarket, tracking jump in oil prices O/R** Brent Crude futures LCOc1 up 1.9% at $64.03/barrel; U.S. West Texas Intermediate crude CLc1 rises 2% to $61.12/barrel** Oil prices rise as trade tensions between China and the United States showed signs of easing an...Reuters
Fri, May 9
Other
Morning News Call - U.S., May 9
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
Fri, May 9
Commodities
Aon pegs latest SCS losses in hundreds of millions of US dollars
By Rebecca DelaneyMay 9 - (The Insurer) - Severe convective storm (SCS) activity in the U.S. and Europe over the past week are expected to generate economic losses in the hundreds of millions, according to Aon's weekly cat report on Friday.Two severe weather outbreaks hit the southern and easter...Reuters
Fri, May 9
Other
DURECT Corp expected to post a loss of 12 cents a share - Earnings Preview
DURECT Corp DRRX.OQ DRRX.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 Cupertino California-based company is expected to report a 84.0% decrease in revenue to $291.67 thousand from $1.83 million a year ago, ac...Reuters
Fri, May 9
Stocks
Investors pull money out of US equity funds for a fourth straight week
May 9 (Reuters) - U.S. equity funds saw outflows for a fourth straight week through May 7, driven by uncertainties around trade tariffs and as investors awaited U.S.-China trade talks for more clues.Investors withdrew a net $16.22 billion from U.S. equity funds during the week, the largest weekly ne...Reuters
Fri, May 9
Stocks
Affirm falls after dour Q4 revenue forecast
** Buy now, pay later lender Affirm's AFRM.O shares fall 7% to $50.45 before the bell** AFRM late Thursday forecast Q4 revenue largely below Wall Street expectations ** Co expects gross merchandise value (GMV) growth to moderate in Q4 from levels observed in April** "We observed an increase ...Reuters
Fri, May 9
Stocks
Gyre Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Gyre Therapeutics Inc GYRE.OQ reported quarterly adjusted earnings of 3 cents per share for the quarter ended March 31. The lone analyst forecast for the quarter was for earnings of 3 cents per share. Revenue was $22.06 million; analysts expected $28.40 million. Gyre Therapeutics Inc's repor...Reuters
Fri, May 9
Economic Indicator
Sweden cuts GDP growth forecasts for 2025 and 2026
STOCKHOLM, May 9 (Reuters) - The Swedish government lowered its GDP growth forecast for 2025 and 2026 on Friday to 1.8% and 2.3%, respectively.Its forecast from April was for growth of 2.1% this year and 2.8% in 2026. Finance Minister Elisabeth Svantesson had flagged that this would be revised lower...Reuters
Fri, May 9
Cryptocurrencies
Best Crypto to Buy as Ethereum Makes 4-Year History with Pectra Upgrade
Ok, Ethereum – where did THAT come from? Ethereum – the long-suffering poster-boy for altcoins – has been languishing in Bitcoin’s shadow for what feels like ages. After all-time-highs over $4K in December, it declined well over 50%, hitting lows near $1500 in April. But, fueled by a long-awaited Pe...Bitcoinist
Fri, May 9
Other
Ikena Oncology Inc expected to post a loss of 19 cents a share - Earnings Preview
Ikena Oncology Inc IKNA.OQ IKNA.O is expected to show no change in quarterly revenue when it reports results on August 6 (estimated) for the period ending June 30 2025LSEG's mean analyst estimate for Ikena Oncology Inc is for a loss of 19 cents per share. The current average analyst rating on ...Reuters
Fri, May 9
Stocks
Hims & Hers ticks lower after big boost to convertible offering
** Shares of Hims & Hers Health HIMS.N down 0.4% to $51.19 before the bell as telehealth firm's capital raise boosted by ~90% ** San Francisco, California-based co late Thurs announced $870 mln 0% 5-yr convertible bond offering, upsized from $450 mln** Initial conversion price of $70.67 r...Reuters
Fri, May 9
Other
India's Dr Reddy's beats quarterly profit view on new drug launches
HYDERABAD, May 9 (Reuters) - Indian generic drugs maker Dr Reddy's Laboratories REDY.NS reported a fourth-quarter profit that beat analysts' expectations on Friday, helped by new drug launches in oncology and other chronic therapy areas.The company's consolidated net profit increased to ...Reuters
Fri, May 9
Stocks
2 AI Stocks That Could Go Parabolic
Global equity markets have been exceptionally volatile in 2025, rattled by increasing trade tensions between the U.S. and China, rising global conflicts, and growing concerns about impending recessions in major economies.However, this market volatility also presents a rare opportunity to invest in h...The Motley Fool
Fri, May 9
