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urban-gro Inc expected to post a loss of 20 cents a share - Earnings Preview
urban-gro Inc UGRO.OQ UGRO.O is expected to show a fall in quarterly revenue when it reports results on May 9 (estimated) for the period ending June 30 2024The Lafayette Colorado-based company is expected to report a 3.4% decrease in revenue to $18.197 million from $18.84 million a year ago, accor...Reuters
Wed, May 7
Other
Orla Mining Ltd expected to post earnings of 10 cents a share - Earnings Preview
Orla Mining Ltd OLA.TO is expected to show a rise in quarterly revenue when it reports results on May 9 for the period ending March 31 2025The Vancouver British Columbia-based company is expected to report a 142.2% increase in revenue to $163.012 million from $67.3 million a year ago, according t...Reuters
Wed, May 7
Other
Gilead boosts planned US investments by $11 billion amid tariff threat
May 7 (Reuters) - Gilead Sciences GILD.O announced $11 billion in new planned investment in the U.S. to add to its domestic manufacturing and research heft, becoming the latest company to announce spending plans in reaction to President Donald Trump's tariff policy.The new investments, unveiled ...Reuters
Wed, May 7
Other
Chip tech provider Arm forecasts first-quarter revenue below estimates
May 7 (Reuters) - Arm Holdings first-quarter sales and profit below Wall Street estimates on Wednesday, as global trade tensions threaten revenue from its chip architecture used across the smartphone and data center industries.While Arm's fourth-quarter revenue slightly beat analysts' estima...Reuters
Wed, May 7
Other
FBI needs more money than White House requested, Patel tells lawmakers
Asks for $1 billion more in funding than White House sought, in rare riftSenator Durbin asks congressional watchdog to look into whether Patel is complying with rules on non-official tripsFBI director required to reimburse government for personal travel By Sarah N. Lynch and Andrew Goudsward WASH...Reuters
Wed, May 7
Other
Invivyd Inc expected to post a loss of 3 cents a share - Earnings Preview
Invivyd Inc IVVD.OQ IVVD.O is expected to show a rise in quarterly revenue when it reports results on May 9 (estimated) for the period ending March 31 2025The Waltham Massachusetts-based company is expected to report revenue of $34.45 million, according to the mean estimate from 3 analysts, based ...Reuters
Wed, May 7
Stocks
Contextlogic Inc expected to post a loss of 8 cents a share - Earnings Preview
Contextlogic Inc LOGC.OQ LOGC.O is expected to report results on May 9 for the period ending March 31 2025LSEG's mean analyst estimate for Contextlogic Inc is for a loss of 8 cents per share. The one available analyst rating on the shares is "hold". The mean earnings estimate of analys...Reuters
Wed, May 7
Other
Nkarta Inc expected to post a loss of 44 cents a share - Earnings Preview
Nkarta Inc NKTX.OQ NKTX.O is expected to show no change in quarterly revenue when it reports results on May 9 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Nkarta Inc is for a loss of 44 cents per share. The current average analyst rating on the shares is "...Reuters
Wed, May 7
Other
Cadrenal Therapeutics Inc expected to post a loss of $1.64 a share - Earnings Preview
Cadrenal Therapeutics Inc CVKD.OQ CVKD.O is expected to show no change in quarterly revenue when it reports results on May 9 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Cadrenal Therapeutics Inc is for a loss of $1.64 per share. The current average analyst r...Reuters
Wed, May 7
Stocks
US STOCKS-Late rally lifts stocks after Fed holds rates steady
Fed keeps rates unchanged, as expectedDisney lifts DowGoogle, Apple weigh on NasdaqBy Chuck Mikolajczak NEW YORK, May 7 (Reuters) - U.S. stocks advanced on Wednesday in choppy trading after the Federal Reserve kept U.S. interest rates unchanged in a move that was widely expected by market par...Reuters
Wed, May 7
Cryptocurrencies
Enthusiasts Who Missed Pepe Coin (PEPE) Are Now Flocking to Mutuum Finance (MUTM)
Pepe Coin (PEPE) enthusiasts, still reeling from missing its meteoric 2023 surge, are now channeling their fervor into Mutuum Finance (MUTM), a decentralized finance project gaining rapid traction. Mutuum Finance (MUTM) is currently navigating its fourth presale phase, having raised $7.6 million and sold 443 million tokens to over 9,500 holders. Priced at $0.025, the […]Cryptopolitan
Wed, May 7
Cryptocurrencies
Ripple (XRP) Focuses on Institutional Adoption, But Ruvi AI (RUVI) is Rewarding Investors With 100% Early Bonus and $1.00 Price Prediction
Ripple’s XRP is on the path to institutional adoption and everyone’s talking about how it will change the world. But while Ripple is building in the payment space, another revolutionary project Ruvi AI is making waves by combining AI with blockchain. Ruvi AI – Blockchain + AI Ruvi AI is not just a tech buzzword […]Cryptopolitan
Wed, May 7
Other
Trump signals China initiated planned trade meeting
Trump says "no" to tariff cuts to get China to negotiating tablePlanned talks seen as effort toward trade de-escalationTrump's China envoy Perdue touts personal ties to presidentBy Michael Martina and Jeff Mason WASHINGTON, May 7 (Reuters) - U.S. President Donald Trump on Wednesday su...Reuters
Wed, May 7
Economic Indicator
Doubleline Capital's Gundlach Says I Do Think The Fed Will Probably Cut Rates By Year End - CNBC Interview
May 7 (Reuters) - DOUBLELINE CAPITAL'S GUNDLACH SAYS AS THE ECONOMY WEAKENS, LONG TERM INTEREST RATES COULD VERY WELL BE GOING ABOVE - CNBC INTERVIEWDOUBLELINE CAPITAL'S GUNDLACH SAYS WE'RE IN A RISK-OFF MARKET ON INTERMEDIATE TERM BASIS- CNBC INTERVIEWDOUBLELINE CAPITAL'S GUNDLACH S...Reuters
Wed, May 7
Other
Boeing taps Wisk Aero CEO to head commercial airplane product development
By Dan Catchpole SEATTLE, May 7 - Boeing-owned Wisk Aero announced Wednesday that its CEO Brian Yutko is leaving to take over product development for Boeing's BA.N commercial airplanes division. In his new role, Yutko will still oversee Wisk, which is developing an autonomous air taxi, Boeing...Reuters
Wed, May 7
Other
Trump administration will rescind Biden-era AI chip export curbs, Bloomberg News reports
May 7 (Reuters) - U.S. President Donald Trump's administration plans to rescind Biden-era AI chip curbs, which set restrictions on the export of advanced AI chips, Bloomberg News reported on Wednesday.Reuters
Wed, May 7
Technical Analysis
Forex Today: All eyes are on the Bank of England
The US Dollar edged higher as markets digested the Federal Reserve’s decision to leave interest rates unchanged on Wednesday. Adding to the Greenback’s modest strength were renewed hopes of a US-China trade deal materialising sooner rather than later.
Commodities
GRAINS-Chicago soybeans end down amid US-China trade jitters
Soybeans fell after Trump said he won't preemptively lower China tariffsCorn, wheat lose ground on favorable weather conditionsBy Heather Schlitz CHICAGO, May 7 (Reuters) - Chicago soybean, corn and wheat futures ended a choppy session lower on Wednesday as signs of a thaw in the U.S.-China t...Reuters
Wed, May 7
Commodities
U.S. Plains HRW Wheat-Basis steady as selling increases gradually
CHICAGO, May 7 (Reuters) - Spot basis bids for hard red winter (HRW) wheat were steady in the southern U.S. Plains on Wednesday as K.C. HRW wheat futures KWN25 weakened and a quiet trade slowly picked up, according to dealers. Protein premiums for railcar wheat to and through Kansas City rose 3...Reuters
Wed, May 7
