News
Important Only
Stocks
Here Is My Top Artificial Intelligence (AI) Stock to Buy in May (Hint: It's Not Nvidia)
Artificial intelligence (AI) has given the stock market a big boost in the past couple of years. Companies and governments around the globe have been rapidly adopting this technology thanks to its disruptive nature, especially considering the significant productivity gains that it is projected to de...The Motley Fool
Wed, May 7
Stocks
Fastly Inc reports results for the quarter ended March 31 - Earnings Summary
Fastly Inc FSLY.N reported a quarterly adjusted loss of 5 cents per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of ten analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -9 cents to -5 ce...Reuters
Wed, May 7
Stocks
Allakos Inc reports results for the quarter ended March 31 - Earnings Summary
Allakos Inc ALLK.OQ reported a quarterly adjusted loss of 29 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -81 cents. The mean expectation of three analysts for the quarter was for a loss of 29 cents per share. Wall Street...Reuters
Wed, May 7
Stocks
Why Apellis Pharmaceuticals Wilted on Wednesday
A big quarterly earnings miss was the news driving down the value of Apellis Pharmaceuticals (NASDAQ: APLS) stock in the middle of the trading week. Investors didn't take this development well, and they collectively pushed down Apellis by almost 6%, on a day when the S&P 500 (SNPINDEX: ^GSPC) closed...The Motley Fool
Wed, May 7
Other
New Zealand's central bank warns on supply chain impacts from US tariffs
By Lucy Craymer, Renju Jose WELLINGTON, May 8 (Reuters) - New Zealand's central bank said on Thursday the impact from U.S. tariffs on global supply chains could affect the country's economy, and it has identified industries that could be exposed more to the new trade rules."We know fr...Reuters
Wed, May 7
Commodities
Top potash producer Nutrien misses first-quarter profit estimates on lower prices
May 7 (Reuters) - Nutrien NTR.TO fell short of Wall Street expectations for first-quarter profit on Wednesday, as the top potash producer was impacted by lower prices and higher energy costs.Trade tensions between the United States and China following U.S. President Donald Trump's tariffs have l...Reuters
Wed, May 7
Other
Manulife profit rises as Asia, wealth management businesses see strong growth
May 7 (Reuters) - Manulife Financial MFC.TO posted a 3% jump in first-quarter profit on Wednesday, helped by the strong performance of its insurance business in Asia and overall growth in its global wealth and asset management business.Manulife has been expanding its investment advisory and retireme...Reuters
Wed, May 7
Other
Avidxchange Holdings-Will Be Required To Pay Arrow Borrower 2025 Termination Fee Of $78 Million, If Termination Of Deal Under Specified Circumstances
Avidxchange Holdings Inc AVDX.O:AVIDXCHANGE HOLDINGS-WILL BE REQUIRED TO PAY ARROW BORROWER 2025 TERMINATION FEE OF $78 MILLION, IF TERMINATION OF DEAL UNDER SPECIFIED CIRCUMSTANCESAVIDXCHANGE HOLDINGS-ARROW BORROWER 2025 REQUIRED TO PAY CO TERMINATION FEE OF $133 MILLION UPON TERMINATION OF DEAL UN...Reuters
Wed, May 7
Commodities
CANADA-CRUDE-Western Canada Select continues to show strength, as discount narrows again
May 7 (Reuters) - Canadian heavy crude pricing continues to show strength, as the discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) CLc1 narrowed again on Wednesday.WCS for June delivery in Hardisty, Alberta, settled at $8.75 a barrel under...Reuters
Wed, May 7
Other
Okeanis Eco Tankers Corp Files For Offering Of Up To 18.1 Million Shares Of Common Stock By Selling Shareholders - SEC Filing
Okeanis Eco Tankers Corp 7OK.F:OKEANIS ECO TANKERS CORP FILES FOR OFFERING OF UP TO 18.1 MILLION SHARES OF COMMON STOCK BY SELLING SHAREHOLDERS - SEC FILINGSource text: [ID:n0001104659-25-045561]Reuters
Wed, May 7
Commodities
Occidental Petroleum Is Not Able To Assess The Impact Of Any Final Trade Agreements Or Implemented Tariffs On Its Businesses
Occidental Petroleum Corp OXY.N:OCCIDENTAL PETROLEUM : IS NOT ABLE TO ASSESS THE IMPACT OF ANY FINAL TRADE AGREEMENTS OR IMPLEMENTED TARIFFS ON ITS BUSINESSESSource text: [ID:n0000797468-25-000076]Reuters
Wed, May 7
Other
Argentina's YPF swings to net loss in Q1
MEXICO CITY, May 7 (Reuters) - Argentine state oil company YPF sank into the red in the first quarter, it reported on Wednesday, swinging to a net profit loss of $10 million.That compares to a net profit of $657 million in the first quarter of 2024. Revenues, meanwhile, inched up 7% from a year ago ...Reuters
Wed, May 7
