News
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Stocks
With Competition Rising, Should Investors Give Up On This Top Growth Stock?
Intuitive Surgical (NASDAQ: ISRG) has delivered market-crushing returns over the past two decades, thanks to its leadership in the robotic-assisted surgery (RAS) market. Part of the company's appeal is that its crown jewel has had little competition.However, that may change soon. Recent developments...The Motley Fool
Thu, May 8
Stocks
J.P. Morgan upgrades Rockwell Automation to 'neutral' as profit margins rise
** J.P. Morgan upgrades Rockwell Automation ROK.N to 'neutral' from 'underweight'; raises PT to $271 from $201** Although the overall economic situation is still challenging and not showing significant improvement, company profit margins are increasing - brokerage** ROK shares up 2.4...Reuters
Thu, May 8
Stocks
BofA raises Howmet Aerospace price target on promising growth prospects
** BofA Global Research raise price objective on Howmet Aerospace HWM.N to $185 from $140, an upside of 18% to the stock's last close** Says it expects progress on Boeing commercial aircraft build rates to drive growth in 2025 ** Adds demand across commercial aerospace, defense and industrial en...Reuters
Thu, May 8
Technical Analysis
USD extending post-Fed gains as markets focus on US/UK trade deal – Scotiabank
The US Dollar (USD) is entering Thursday’s NA session with broad strength against all of the G10 currencies and is seeing notable gains vs. Japanese Yen (JPY), Swiss Franc (CHF), Canadian Dollar (CAD), and New Zealand Dollar (NZD), Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Thu, May 8
Stocks
U.S. STOCKS ON THE MOVE-Intel, Occidental Petroleum, Kenvue
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures gained on Thursday on news that the Trump administration was on the cusp of a trade agreement with Britain, while chip stocks advanced on the prospect of fewer expor...Reuters
Thu, May 8
Cryptocurrencies
China likely to record a dip in April exports due to US tariffs
Exports of products made in inland China, a long-term pillar of its post-pandemic recovery, appear to be sputtering under the weight of renewed US tariffs by the Trump administration. China is one of the countries hardest hit by the US-imposed tariffs, which have escalated the geopolitical tensions between the two economic superpowers, with effects spilling […]Cryptopolitan
Thu, May 8
Other
Ambani's Reliance pulls trademark application for codename of Pakistan strikes
By Arpan Chaturvedi NEW DELHI, May 8 (Reuters) - Asia's richest man Mukesh Ambani's film studio has withdrawn an application to trademark the codename for India's military strikes against Pakistan after a public and political uproar on social media against the move.In a statement, bi...Reuters
Thu, May 8
Stocks
Apollo-backed Aspen set for NYSE return after upsized $398 million IPO
** Bermuda-based specialty insurer Aspen Insurance AHL.N set to begin trading on the New York Stock Exchange on Thursday under ticker symbol "AHL"** Aspen parent Apollo Global Management APO.N late Wednesday sold 13.25 million shares at $30 apiece in Aspen's upsized IPO to raise $397.5 m...Reuters
Thu, May 8
Stocks
GLOBAL MARKETS-Europe lifted by trade deal signals as BoE cuts rates
European shares higher on reports of US-UK trade dealBoE cuts UK rates to after Sweden and Norway holdFed caution supports dollar in FX marketsOil climbs out of recent troughBy Marc Jones LONDON, May 8 (Reuters) - World shares inched higher on Thursday, buoyed by U.S. President Donald Trump’s pro...Reuters
Thu, May 8
Economic Indicator
QUOTES-Bank of England policymakers speak after rate cut
LONDON, May 8 (Reuters) - The Bank of England cut its main interest rate by 0.25 percentage points to 4.25% on Thursday, despite an unexpected three-way split among policymakers as U.S. President Donald Trump's tariffs weigh on global economic growth. Here's what Bank of England officials ...Reuters
Thu, May 8
Stocks
Crypto stocks gain as bitcoin nears $100,000
** Shares of cryptocurrency and blockchain-related firms gain premarket, tracking bitcoin rise to a 2-1/2 month high** Bitcoin BTC=, world's biggest cryptocurrency, up 2.9% to $99,519 after climbing as high as $99,875** Ether ETH= lifts 8.4% to $1,949** Crypto exchange Coinbase Global COIN.O up ...Reuters
Thu, May 8
Other
Trump taking harder approach towards Russia, says US former adviser
Ex-Ukraine adviser says Trump taking tougher Russia stanceVolker suggests Trump realising Putin does not want end to warMinerals deal 'politically important' for Trump, he says By Elizabeth Piper KYIV, May 8 (Reuters) - President Donald Trump is adopting a tougher approach towards Russia ...Reuters
Thu, May 8
Stocks
Viatris rises after quarterly results beat
** Shares of generic drugmaker Viatris VTRS.O rise 1.1% to $8.69 premarket ** VTRS posts Q1 adj profit of 50 cents per share, compared with analysts' estimate of 49 cents per share, according to data compiled by LSEG ** Company reports Q1 revenue of $3.25 billion vs estimates of $3.23 billion **...Reuters
Thu, May 8
Cryptocurrencies
Robinhood Is Bringing US Securities On-Chain in Europe – Boost for Altcoins
Robinhood is about to shake up the finance world again. The trading app is planning to build its own blockchain platform to enable European investors to trade tokenized U.S. securities. The idea is as bold as it is historic: turn stocks and ETFs into blockchain-based assets, and open access to more ...Bitcoinist
Thu, May 8
Stocks
ConocoPhillips rises after Q1 profit beat
** Shares of oil and gas producer ConocoPhillips COP.N up 1.5% at $89.00 premarket** Company beats Q1 profit estimates, benefiting from higher production** COP reports Q1 adjusted profit of $2.09/shr vs estimate of $2.06/shr - data compiled by LSEG** COP says Chief Financial Officer Bill Bullock wil...Reuters
Thu, May 8
Other
Cheniere Reports First Quarter 2025 Results And Reconfirms Full Year 2025 Financial Guidance
May 8 (Reuters) - Cheniere Energy Inc LNG.N:CHENIERE REPORTS FIRST QUARTER 2025 RESULTS AND RECONFIRMS FULL YEAR 2025 FINANCIAL GUIDANCE: RECONFIRMS FULL YEAR 2025 FINANCIAL GUIDANCEQTRLY REVENUE $5.4 BILLIONQTRLY EPS $1.57Q1 EARNINGS PER SHARE VIEW $2.70, REVENUE VIEW $4.91 BILLION -- LSEG IBES DAT...Reuters
Thu, May 8
Stocks
US STOCKS-US stock futures rise on news of imminent trade deal with Britain
Futures up: Dow 0.95%, S&P 500 1.11%, Nasdaq 1.42%US-UK potential trade deal expected at 10 a.m. ETArm slides after bleak first-quarter revenue forecast Krispy Kreme sinks after withdrawing FY forecastsBy Purvi Agarwal and Johann M Cherian May 8 (Reuters) - U.S. stock index futures gained on ...Reuters
Thu, May 8
Other
Earthquake of magnitude 5.6 strikes Peru-Ecuador border region, GFZ says
May 8 (Reuters) - An earthquake of magnitude 5.6 has struck the Peru-Ecuador border region, the German Research Centre for Geosciences (GFZ)said on Thursday. The quake was at a depth of 10 km (6.21 miles), GFZ said.Reuters
Thu, May 8
