News
Important Only
Economic Indicator
Swedish central bank holds key rate, sees chance of cut ahead
Riksbank keep policy rate unchanged at 2.25%Says "wise to wait" as regards policy amid global uncertaintyMore probable inflation will be lower than March forecastRiksbank says could suggest slight easing of policy aheadBy Simon Johnson STOCKHOLM, May 8 (Reuters) - Sweden's central ban...Reuters
Thu, May 8
Stocks
Coach owner Tapestry raises annual sales forecast
May 8 (Reuters) - Coach parent Tapestry TPR.N on Thursday raised its fiscal 2025 revenue forecast for the third time, benefiting from limited exposure to Trump's sweeping tariffs and higher full-price sale of its popular Tabby handbags.The company expects annual revenue of about $6.95 billion, c...Reuters
Thu, May 8
Stocks
2 Top AI Stocks to Buy Right Now
Artificial intelligence (AI) has crossed the threshold from speculative technology to fundamental economic driver. AI capabilities are finally delivering on long-anticipated potential, with projections suggesting AI-enhanced productivity could contribute $15 trillion to $20 trillion to global GDP wi...The Motley Fool
Thu, May 8
Stocks
3 Magnificent Dividend Stocks Down 19% to 48% I'm Buying Right Now for My Daughter's Portfolio
While I don't expect my daughter to become a stock-picking fanatic like me, I've enjoyed building a portfolio with her that is full of simple(ish) businesses that any elementary-aged kid might appreciate. Typically, we try to prioritize buying a new stock each year and have developed a portfolio tha...The Motley Fool
Thu, May 8
Other
King Charles leads Britain's VE day celebrations
King Charles and Prince William to lay wreaths at Westminster AbbeyFrench and German leaders hold separate VE Day commemorationsConcert at Horse Guards Parade to feature veterans' stories and music LONDON, May 8 (Reuters) - Britain's King Charles and heir to the throne Prince William will...Reuters
Thu, May 8
Stocks
Molson Coors cuts annual forecasts on tariff pressures
May 8 (Reuters) - Molson Coors TAP.N lowered its forecast for annual sales and profit on Thursday, in anticipation of Trump's tariffs weighing on beer demand, sending the company's shares down about 9% in premarket trading. The company expects a low single-digit decline in annual net sales, ...Reuters
Thu, May 8
Economic Indicator
Trump slams Fed chairman after rate hold decision
WASHINGTON, May 8 (Reuters) - U.S. President Donald Trump criticized Federal Reserve Chair Jerome Powell on Thursday as "a fool," a day after the Fed held interest rates steady, citing risks of higher inflation and unemployment."'Too Late' Jerome Powell is a FOOL, who doesn’t hav...Reuters
Thu, May 8
Stocks
INDIA STOCKS-Indian shares fall as tensions with Pakistan escalate
By Vivek Kumar M and Bharath Rajeswaran May 8 (Reuters) - Indian shares fell on Thursday in their most volatile session in a month after the country said it "neutralised" attempts by Pakistan to "engage" several military targets in its northern and western regions.The Nifty 50 .NS...Reuters
Thu, May 8
Other
Bosch says US tariffs' impact is unpredictable, sees flat 2025 organic sales
FRANKFURT, May 8 (Reuters) - German automotive supplier Robert Bosch ROBG.UL said on Thursday it would not be able to estimate the impact of tariffs on its business until late in the year, and predicted 2025 sales to grow by a currency-adjusted 1% to 3%.Volatility in global trade makes the forecast ...Reuters
Thu, May 8
Stocks
Honest Company Inc reports results for the quarter ended March 31 - Earnings Summary
Honest Company Inc HNST.OQ reported quarterly adjusted earnings of 3 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of seven analysts for the quarter was for breakeven results per share. Wall ...Reuters
Thu, May 8
Stocks
Top of the Street: Skanska, Ahold Delhaize, Next, Weir, Forsikring
A round-up of notable broker activity this morning from Europe's top-ranked* analysts:** Jefferies downgrades Sweden-based construction company Skanska SKAb.ST to "hold" from "buy" due to increased macro uncertainty, seeing a delayed recovery in the U.S. commercial and Nordic res...Reuters
Thu, May 8
Technical Analysis
USD/CNH: The level to watch is at 7.1700 – UOB Group
US Dollar (USD) is expected to trade between 7.2070 and 7.2370 vs Chinese Yuan (CNH). In the longer run, USD could range-trade for a few days before resuming its decline; the level to watch is at 7.1700, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, May 8
Stocks
Corteva Inc reports results for the quarter ended March 31 - Earnings Summary
Corteva Inc CTVA.N reported quarterly adjusted earnings of $1.13 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 89 cents. The mean expectation of nineteen analysts for the quarter was for earnings of 88 cents per share. Wall Stre...Reuters
Thu, May 8
Stocks
Intel Slashes Arrow Lake Prices Amid Tough Competition From AMD
Intel (NASDAQ: INTC) launched its Arrow Lake family of desktop central processing units (CPUs), officially the Core Ultra 200 series, in late 2024. The company outsourced most of the manufacturing to TSMC, moved to a chiplet-based architecture, and managed to improve energy efficiency substantially,...The Motley Fool
Thu, May 8
Stocks
DHI Group Inc reports results for the quarter ended March 31 - Earnings Summary
DHI Group Inc DHX.N reported quarterly adjusted earnings of 4 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of three analysts for the quarter was for earnings of one cent per share. Wall Street...Reuters
Thu, May 8
Forex
Asian banks see big boost to wealth business as currencies rally
Asian currency rally boosts demand for wealth, forex productsTrump's tariffs push investors from U.S. assets to AsiaCurrency volatility drives demand for Asia banks' forex servicesBy Selena Li, Yantoultra Ngui and Anton Bridge HONG KONG/SINGAPORE, May 8 (Reuters) - A sharp rally in Asian...Reuters
Thu, May 8
Other
BOSCH CEO: Free Trade Restrictions Can Lead to Greater Regional Differentiation
May 8 (Reuters) - ROBERT BOSCH GMBH [RIC:RIC:ROBG.UL]:BOSCH CEO: RESTRICTIONS ON FREE TRADE CAN LEAD TO GREATER REGIONAL DIFFERENTIATION IN OUR PRODUCT DEVELOPMENTBOSCH CFO: IT IS TOO EARLY FOR CONCRETE FIGURES ON THE EFFECTS OF IMPORT DUTIES IN VIEW OF THE VOLATILE DISCUSSIONBOSCH CEO: UNFORTUNATEL...Reuters
Thu, May 8
Stocks
Joby rises after posting narrower quarterly loss
** Shares of air-taxi maker Joby Aviation JOBY.N rise 1.71% to $6.53 premarket ** On Wednesday, JOBY posted a narrower Q1 net loss of 11 cents, compared to 14 cents a year ago** Canaccord Genuity says "JOBY's manned transition flight activity and manufacturing partnership with Toyota is a ke...Reuters
Thu, May 8
