News
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Stocks
Sell in May and Go Away? Absolutely Not -- 1 Artificial Intelligence (AI) Stock to Buy Hand Over Fist Instead.
If you regularly invest in stocks, you've probably heard the saying "sell in May and go away." It came about because the S&P 500 typically delivers weaker returns in the six-month period between May and October, compared to the six-month period between November and April.Seasonality is likely the cu...The Motley Fool
Fri, May 9
Other
Delta And Korean To Acquire 25% Stake In Westjet For $550 Million
May 9 (Reuters) - Air France KLM SA AIRF.PA:DELTA AND KOREAN TO ACQUIRE 25% STAKE IN WESTJET FOR $550 MILLIONDELTA AND KOREAN TO ACQUIRE INDEPENDENT EQUITY STAKES TOTALING 25% IN WESTJET FOR $550 MILLIONDELTA HAS RIGHT AND INTENT TO SELL AND TRANSFER A 2.3% STAKE IN WESTJET TO AIR FRANCE-KLMDELTA SE...Reuters
Fri, May 9
Other
Japan Considers Exporting Next-Generation Jet Fighter Co-Developing With UK, Italy To Australia, Nikkei Reports
May 9 (Reuters) - JAPAN CONSIDERS EXPORTING NEXT-GENERATION JET FIGHTER CO-DEVELOPING WITH UK, ITALY TO AUSTRALIA - NIKKEIINDIA, CANADA ALSO HAVE SHOWN INTERESTS - NIKKEISource text: https://www.nikkei.com/article/DGXZQOUA245HM0U5A420C2000000/Reuters
Fri, May 9
Economic Indicator
Greek EU-harmonised inflation eases to 2.6% y/y in April
May 9 (Reuters) - Greece's annual EU-harmonised inflation slowed to 2.6% in April from 3.1% in March, data showed on Friday.Month-on-month consumer inflation rose by 0.5%The cost of food and non-alcoholic beverages rose 2.1% year-on-year in April, with prices in hotels, cafes and restaurants goi...Reuters
Fri, May 9
Other
South Korean court rejects conservative's bid to confirm his status as party's presidential candidate - Yonhap
SEOUL, May 9 (Reuters) - A South Korean court has rejected an injunction filed by presidential hopeful Kim Moon-soo to confirm his status as the candidate for the presidency for his conservative party, Yonhap News Agency reported on Friday.Kim has clashed with his own major conservative People Power...Reuters
Fri, May 9
Cryptocurrencies
Massive Buy Pressure Hits Binance as Bitcoin Reclaims $100,000
Bitcoin’s price has finally reclaimed the $100,000 milestone after ranging below it for several weeks. This latest surge signals renewed momentum in the broader crypto market. At the time of writing, the asset trades at $100,383, reflecting a 3.5% gain over the past 24 hours. Despite this climb, Bit...NewsBTC
Fri, May 9
Stocks
1 Emerging Trend Could Boost Ethereum for Years and Years
Ethereum (CRYPTO: ETH) may have a way out of its doldrums. More than that, it might be in the early stages of riding a trend that could send its price to stratospheric heights.And the trend could last for a very long time, too.Where to invest $1,000 right now? Our analyst team just revealed what the...The Motley Fool
Fri, May 9
Stocks
Yatsen to Announce First Quarter 2025 Financial Results on May 16, 2025
GUANGZHOU, China, May 9, 2025 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it will release its unaudited financial results for the first quarter of 2025, on Friday, May 16, 2025, befo...PR Newswire
Fri, May 9
Stocks
UK's BP shares tick up on report of additional takeover interest from rivals
** BP shares rise 2.8% ICAG.L to 365.55p** Shell SHEL.L, Chevron CVX.N, Exxon MobilXOM.N and TotalEnergies TTEF.PA and ADNOC have "run the numbers" for a possible takeover of BP, Financial Times reports ** Vitol could be interested in elements of the business-FT** Report says BP consulting p...Reuters
Fri, May 9
Other
Taiwan denounces Russia, China for distorting World War Two history
Taiwan says Beijing trying to claim undue credit for winning warChinese President Xi in Moscow for war anniversary paradeChina views democratically governed Taiwan as its own territoryBy Ben Blanchard TAIPEI, May 9 (Reuters) - Taiwan criticised Russia and China on Friday for distorting World War ...Reuters
Fri, May 9
Stocks
3 Reasons Nvidia Stock Is Still a Top Artificial Intelligence Buy Right Now
Nvidia (NASDAQ: NVDA) stock hit some tough headwinds in 2025 -- shares of the chip designer are down 15% year to date as of this writing. However, evidence is piling up that this selloff may not be justified.The stock price pulled back for multiple reasons -- among them, fears of a potential drop in...The Motley Fool
Fri, May 9
Other
Russia parades drones it uses against Ukraine on Moscow's Red Square
MOSCOW, May 9 (Reuters) - Russia on Friday paraded combat drones that its forces use in the war in Ukraine on Moscow's Red Square in what state TV said was a first. President Vladimir Putin, Chinese President Xi Jinping and more than two dozen other foreign leaders looked on as various truck-mou...Reuters
Fri, May 9
Stocks
India's Asian Paints set for worst week in nearly 5 months
** Shares of Asian Paints ASPN.NS down 0.5% at 2292 rupees** For the week, ASNP is down 4.5%, set for its worst weekly fall since mid-December, if losses hold ** ASPN said on Thursday demand conditions were at their worst in decades, unlikely to improve in near term ** Co missed estimates for ...Reuters
Fri, May 9
Cryptocurrencies
Robinhood CEO Says US Crypto Is Rising From The Ashes
The CEO of Robinhood, Vladimir Tenev, has disclosed that the United States is finally providing crypto some room to breathe.It has been years since there has been tight regulation and unclear rules. Things are finally looking better for crypto firms. In a sit-down interview with Crypto in America...
Bitcoinist
Fri, May 9
Forex
Bank of England's Bailey says global environment likely to stay challenging
LONDON, May 9 (Reuters) - Global economic conditions are likely to continue to be more challenging and less predictable than in previous decades, increasing difficulties for central bank forecasters, Bank of England Governor Andrew Bailey said on Friday."We need no reminder that the global econo...Reuters
Fri, May 9
Stocks
Wall Street Remains Overwhelmingly Bullish About This 9.2%-Yielding Dividend Stock Despite Economic Uncertainty and Volatility
Financial services stocks aren't enjoying the kind of year many thought they would so far in 2025. The prospects of lower interest rates and relaxation of regulations by the Trump administration seemed promising. However, those predicting a positive environment for financial services stocks weren't ...The Motley Fool
Fri, May 9
