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US judge to rule by May 14 on Rio Tinto copper project opposed by Native Americans
Judge to rule on land transfer by May 14Apache Stronghold opposes mine on religious groundsRio Tinto sees project as crucial for energy transitionBy Ernest Scheyder May 7 (Reuters) - A U.S. federal judge said he will rule by May 14 on whether to block the Trump administration from transferring Ar...Reuters
Wed, May 7
Stocks
Dutch Bros Inc reports results for the quarter ended March 31 - Earnings Summary
Dutch Bros Inc BROS.N reported quarterly adjusted earnings of 14 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 11 cents per share. Wall ...Reuters
Wed, May 7
Stocks
Skywater Technology Inc reports results for the quarter ended March 31 - Earnings Summary
Skywater Technology Inc SKYT.OQ reported a quarterly adjusted loss of 8 cents per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of five analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -...Reuters
Wed, May 7
Stocks
Avis Budget Group Inc reports results for the quarter ended March 31 - Earnings Summary
Avis Budget Group Inc CAR.OQ reported a quarterly adjusted loss of $3.27 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $-3.21. The mean expectation of nine analysts for the quarter was for a loss of $5.91 per share. Wall Street e...Reuters
Wed, May 7
Other
Soccer-Revamped Azteca stadium to reopen next March ahead of 2026 World Cup
MEXICO CITY, May 7 (Reuters) - Mexico City's government has confirmed that the famous Azteca Stadium, soon to be renamed "Estadio Ciudad de Mexico", will reopen in March next year ahead of the 2026 World Cup, Mayor Clara Brugada said on Wednesday.The renovated stadium, which hosted the 1...Reuters
Wed, May 7
Commodities
LIVESTOCK-CME cattle falter on profit-taking, choppy equity markets
By Heather Schlitz CHICAGO, May 7 (Reuters) - Chicago Mercantile Exchange live cattle and feeder cattle futures ticked down on Wednesday on falling equity markets and long liquidation, traders said. Hog futures tilted downward as Chinese retaliatory tariffs against U.S. agricultural products weig...Reuters
Wed, May 7
Stocks
Goodyear Tire & Rubber Co reports results for the quarter ended March 31 - Earnings Summary
Goodyear Tire & Rubber Co GT.OQ reported a quarterly adjusted loss of 4 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of eight analysts for the quarter was for a loss of 3 cents per share....Reuters
Wed, May 7
Other
Trump to sign order on drug prices as early as next week, Politico reports
By Patrick Wingrove and Jasper Ward WASHINGTON, May 7 (Reuters) - U.S. President Donald Trump is expected to sign an executive order as early as next week that would revive an effort to decrease drug costs by tying the amount the government pays for some medicines to lower prices abroad, Politico...Reuters
Wed, May 7
Commodities
Exxon agrees to supply Japan's Marubeni with low-carbon ammonia
By Sheila Dang HOUSTON, May 7 (Reuters) - Exxon Mobil XOM.N has signed a long-term agreement to supply 250,000 metric tons of low-carbon ammonia annually to Japanese trading house Marubeni 8002.T, the U.S. oil producer said on Wednesday, representing Exxon's first signed customer agreement fo...Reuters
Wed, May 7
Stocks
Innoviva Inc reports results for the quarter ended March 31 - Earnings Summary
Innoviva Inc INVA.OQ reported a quarterly adjusted loss of 74 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 46 cents. The lone analyst forecast for the quarter was for earnings of 29 cents per share. Revenue rose 14.4% to $...Reuters
Wed, May 7
Commodities
Corteva beats first-quarter profit estimates on higher seed pricing
Corteva's seed prices rose 3% in most regions, boosting core profitTotal sales fell 2% due to weakness in Europe, Latam and AsiaMay 7 (Reuters) - U.S. agrichemicals firm Corteva CTVA.N beat Wall Street expectations for first-quarter profit on Wednesday, helped by higher prices for its seeds.The ...Reuters
Wed, May 7
Stocks
Why Nebius Group Stock Jumped 10% Today
It was a volatile day on Wall Street as the Federal Reserve held interest rates steady at its Federal Open Market Committee meeting. The Fed noted increasing uncertainty and risks of slow growth and rising prices, however.Yet shares of artificial intelligence (AI) infrastructure company Nebius Group...The Motley Fool
Wed, May 7
Commodities
Texas Pacific Land misses first-quarter core profit estimates on lower oil prices
May 7 (Reuters) - Permian-focused land and royalty company Texas Pacific Land TPL.N missed Wall Street expectations for first-quarter core profit on Wednesday, as lower oil prices offset higher production.Brent crude futures LCoc1 fell on average in the first quarter from a year earlier on fears tha...Reuters
Wed, May 7
Stocks
Fortinet projects quarterly revenue below estimates, shares fall
May 7 (Reuters) - Fortinet FTNT.O forecast second-quarter and annual revenue slightly below Wall Street estimates on Wednesday, due to slowing demand for its cybersecurity services amid muted enterprise IT spending.Shares of the company fell 10% in extended trading, as forecast failed to impress inv...Reuters
Wed, May 7
Other
US judge sides with FDA's removal of Lilly's weight loss drug from shortage list
By Patrick Wingrove May 7 (Reuters) - A U.S. federal judge has sided with a U.S. regulator's decision last year to take Eli Lilly’s LLY.N blockbuster weight loss and diabetes drugs Zepbound and Mounjaro off a list of medicines in short supply, a ruling that could dash patients' hopes of r...Reuters
Wed, May 7
