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Stocks
Zillow Group Inc reports results for the quarter ended March 31 - Earnings Summary
Zillow Group Inc Z.OQ reported quarterly adjusted earnings of 41 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of twenty five analysts for the quarter was for earnings of 38 cents per share. ...Reuters
Thu, May 8
Commodities
Citi cuts its 0-3 month Brent forecast to $55 per barrel
May 8 (Reuters) - Citi Research on Thursday lowered its 0-3 month Brent price forecast to $55 per barrel, from a previous estimate of $60."A U.S.-Iran deal and easing sanctions could see Brent move lower toward $50; no deal and even escalatory action (for instance, to curb Iran's nuclear pro...Reuters
Thu, May 8
Stocks
Australia's Adelong Gold dips on plans to buy gold project, discounted placement
** Shares of Adelong Gold falls 12.5% to A$0.007** Stock fell as much as A$25% in early trade, their largest intraday pct loss since mid February** Mineral explorer executes binding sale agreement to acquire 100% interest in Lauriston gold project from unit of Great Pacific Gold Corp GPAC.V** Transa...Reuters
Thu, May 8
Stocks
Magnite Inc reports results for the quarter ended March 31 - Earnings Summary
Magnite Inc MGNI.OQ reported quarterly adjusted earnings of 12 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of eleven analysts for the quarter was for earnings of 7 cents per share. Wall Stre...Reuters
Thu, May 8
Cryptocurrencies
Bitcoin Investors Are Taking Profits Aggressively – Signs Of A Local Top?
According to a recent CryptoQuant Quicktake post, Bitcoin (BTC) investors are aggressively taking profits following the latest surge in the digital asset’s price. This uptick in profit-taking mirrors investor behavior typically seen during the late stages of a bull market. Bitcoin Profit-Taking Rise...NewsBTC
Thu, May 8
Cryptocurrencies
Crypto Analyst Says “Altseason Is Dawning” As Bitcoin Dominance Reaches HTF Resistance, What To Expect
The Bitcoin Dominance (BTC.D) has made an unexpected climb into a historically strong resistance zone, now hovering near the 64.7% mark in the High Time Frame (HTF). This sharp move has sparked considerable interest among analysts and traders, with key technical indicators and chart formations sugge...Bitcoinist
Thu, May 8
Cryptocurrencies
Over 32% of Australians Have Owned Crypto: What’s Driving the Surge?
Crypto adoption in Australia has boomed. It’s turning into a permanent part of how people invest, store value, and make online payments. And the numbers back that up. A 2025 report shows that 32.5% of Australians have either owned or currently hold cryptocurrency. That’s a notable increase from prev...Bitcoinist
Thu, May 8
Stocks
INDIA STOCKS-Indian benchmarks tepid as traders gauge geopolitical tensions, Fed comments
By Vivek Kumar M and Bharath Rajeswaran May 8 (Reuters) - Indian benchmark indexes were subdued on Thursday, as investors weighed geopolitical tensions with Pakistan, persistent concerns over inflation and unemployment risks in the United States.The Nifty 50 .NSEI was flat at 24,411.5 and the BSE...Reuters
Thu, May 8
Stocks
GXO Logistics Inc reports results for the quarter ended March 31 - Earnings Summary
GXO Logistics Inc GXO.N reported quarterly adjusted earnings of 29 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of seventeen analysts for the quarter was for earnings of 25 cents per share. W...Reuters
Thu, May 8
Other
Swisscom's Q1 revenue grows by almost 40%
May 8 (Reuters) - Swisscom SCMN.S reported a 39.3% rise in its first-quarter revenue on Thursday, meeting market expectations, citing the successful acquisition of Vodafone Italia.Group revenue on a reported basis came in at 3.76 billion Swiss francs ($4.56 billion) in the quarter, in line with anal...Reuters
Thu, May 8
Cryptocurrencies
UK becomes the first country to make a trade deal with Trump
President Donald Trump will announce on Thursday that the United States has reached a trade agreement with the UK, according to The New York Times. The deal, set to be revealed early morning during a press event inside the Oval, would be the first confirmed agreement since Trump hit dozens of US trading partners with […]Cryptopolitan
Thu, May 8
Commodities
PRESS DIGEST-British Business - May 8
May 8 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Britain's trade deal with India will result in a 200 million pounds ($266.90 million) annual tax revenue loss ...Reuters
Thu, May 8
Forex
Sterling jumps with Aussie as Trump moots 'major' trade deal
TOKYO, May 8 (Reuters) - The pound jumped on Thursday, taking the Australian dollar with it, after U.S. President Donald Trump said he would announce "a major trade deal" later in the day, with the New York Times reporting it would be Britain.
Other
Tekna Q1 Total Revenue At CAD 8.4 Million
May 8 (Reuters) - Tekna Holding ASA TEKNA.OL:TEKNA REPORTS Q1 2025 RESULTS: STRONG MATERIALS ORDER INTAKE AND OPERATIONAL PROGRESS DESPITE UNCERTAINTY FROM U.S. TARIFFSCONFIDENCE RETURNED FOLLOWING CONFIRMATION THAT TEKNA PRODUCTS ARE EXEMPT UNDER UNITED STATES-MEXICO-CANADA AGREEMENTGEOPOLITICAL AN...Reuters
Thu, May 8
Other
PIMCO sees heightened US recession risks, FT reports
May 8 (Reuters) - U.S. bond giant PIMCO told the Financial Times that recession risks are at their highest in years and warned investors may be underestimating President Donald Trump's resolve to restore the steep tariffs that roiled markets last month. "We very well may have a recessio...Reuters
Thu, May 8
Stocks
EMERGING MARKETS-Malaysia's ringgit leads Asian FX losses ahead of BNM rate decision
Ringgit leads losses ahead of BNM rate decisionEquities rise on China stimulus, US-China trade talksMarkets await key Taiwan, China trade data By Roushni Nair May 8 (Reuters) - The Malaysian ringgit led losses across muted Asian currencies on Thursday ahead of the central bank's expected rate...Reuters
Thu, May 8
