News
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China central bank lowers policy rate when injecting short-term cash
SHANGHAI, May 8 (Reuters) - China's central bank lowered the key policy rate when injecting short-term cash into the banking system on Thursday.The People's Bank of China (PBOC) injected 158.6 billion yuan ($21.95 billion) worth of seven-day reverse repurchase agreements at 1.4%, down from 1...Reuters
Thu, May 8
Cryptocurrencies
Crypto Today: BTC price breaches $97.5K as FOMC sparks gains in SOL, Alpaca and SUI staking markets
Cryptocurrencies sector valuation posts mild 24-hours gains of 1% on Wednesday, breaking past the $3.1 trillion for the first time this week, according to Coingecko data. The US Federal Reserve dominated newsreels with a third consecutive rate pause accompanied by hawkish-leaning meeting notes.
Stocks
Amplitude Inc reports results for the quarter ended March 31 - Earnings Summary
Amplitude Inc AMPL.OQ reported quarterly breakeven results per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of ten analysts for the quarter was for a loss of one cent per share. Wall Street expected res...Reuters
Thu, May 8
Other
Goto Gojek Tokopedia Says Has Not Made Any Decision Regarding Any Proposals
May 8 (Reuters) - GoTo Gojek Tokopedia PT Tbk GOTO.JK:COMPANY HAS NOT MADE ANY DECISION REGARDING ANY PROPOSALS IT MAY HAVE BECOME AWARE OF OR RECEIVEDAWARE OF RECENT MEDIA SPECULATION AND RECURRING RUMOURS REGARDING A TRANSACTION BETWEEN THE COMPANY AND GRABReuters
Thu, May 8
Forex
FOREX-Dollar on front foot after Fed signals no rush to cut rates
Fed flags rising risks of higher inflation and unemploymentPowell says appropriate policy response "not at all clear"Investors watching Sino-U.S. talks on Saturday in SwitzerlandBy Kevin Buckland TOKYO, May 8 (Reuters) - The U.S. dollar held steady against the euro on Thursday following i...Reuters
Thu, May 8
Other
Apple asks US appeals court to pause ruling in Epic Games case
By Mike Scarcella May 7 (Reuters) - Apple AAPL.O has asked a federal appeals court to temporarily pause key provisions in a U.S. judge’s ruling that ordered the tech company to immediately open its lucrative App Store to more competition.Apple told the San Francisco-based 9th U.S. Circuit Court o...Reuters
Thu, May 8
Other
Venezuela minister says opposition negotiated members' exit from Argentine residence
Cabello says exit of opposition staffers from embassy was negotiatedOpposition says operation surprised Maduro regimeOpposition leader Machado hails operation, calls for release of detained activists May 7 (Reuters) - Venezuela's interior minister on Wednesday said the exit of Venezuelan oppo...Reuters
Thu, May 8
Stocks
Light & Wonder's ASX-listed shares drop as quarterly results miss estimates
** Australia-listed shares of Light & Wonder LNW.AX fall as much as 5.8% to A$136.950 ** Stock is top loser in the benchmark index .AXJO ** The U.S.-based gaming co reports first-quarter adjusted EBITDA of $311 million, which miss Citi estimates of $316 million** Posts quarterly revenue of $774 ...Reuters
Thu, May 8
Economic Indicator
US Presi. Trump: Big news conference Thursday morning concerning a major trade deal
US President Donald Trump announced during the Asian trading hours on Thursday of “a big news conference (Thursday) tomorrow morning at 10:00 a.m. (14 GMT) in the Oval Office. concerning a major trade deal with representatives of a big, and highly respected, country.”Fxstreet
Thu, May 8
Economic Indicator
AUD/USD advances to near 0.6450, upside appears limited due to Fed cautious tone
The AUD/USD pair edges higher in Thursday’s Asian session, trading around 0.6440 after falling over 1% in the previous session. The pair had previously touched a five-month high of 0.6514 on Wednesday, but retreated amid Federal Reserve’s (Fed) cautious policy outlook.
Fxstreet
Thu, May 8
Technical Analysis
New Zealand PM Luxon: Remain confident about NZ economic recovery
New Zealand's Prime Minister Christopher Luxon crossed the wires in the last hour, saying that the sharp deterioration of financial markets in early April has somewhat recovered, but markets remain volatile.
Fxstreet
Thu, May 8
Stocks
Viemed Healthcare Inc reports results for the quarter ended March 31 - Earnings Summary
Viemed Healthcare Inc VMD.OQ reported quarterly adjusted earnings of 6 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of two analysts for the quarter was for earnings of 6 cents per share. Wall...Reuters
Thu, May 8
Other
Trump says he hopes India and Pakistan stop now after going 'tit-for-tat'
Trump offers help to reduce India-Pakistan tensionsU.S. has been in touch with both sides in recent daysRubio discussed India-Pakistan tension in call with SaudiBy Kanishka Singh WASHINGTON, May 7 (Reuters) - President Donald Trump said on Wednesday Washington's partner India and U.S. ally Pa...Reuters
Thu, May 8
Other
Apollo's Aspen Insurance raises $397.5 million in US IPO
May 7 (Reuters) - Aspen Insurance priced its New York initial public offering within its marketed range on Wednesday, raising $397.5 million for the Bermuda-based specialty insurer.The Apollo Global Management-owned APO.N insurer sold 13.25 million shares at $30 apiece, compared with its targeted ra...Reuters
Thu, May 8
Stocks
Mativ Holdings Inc reports results for the quarter ended March 31 - Earnings Summary
Mativ Holdings Inc MATV.N reported a quarterly adjusted loss of 14 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 2 cents. The lone analyst forecast for the quarter was for a loss of 11 cents per share. Revenue fell 3.1% to ...Reuters
Thu, May 8
Stocks
ACADIA Pharmaceuticals Inc reports results for the quarter ended March 31 - Earnings Summary
ACADIA Pharmaceuticals Inc ACAD.OQ reported quarterly adjusted earnings of 11 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of nineteen analysts for the quarter was for earnings of 11 cents p...Reuters
Thu, May 8
