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Cryptocurrencies
‘The Big Short’ Coming For Bitcoin? Why BTC Will Clear $110,000
Market commentator Miya has outlined an interesting theory on why the Bitcoin price is poised to hit $110,000 by the end of the year. The expert alluded to current macro conditions and how it is bound to favor the flagship crypto at the end of the day. Why The Bitcoin Price Will Hit $110,000 In an a...NewsBTC
Wed, May 7
Stocks
Is Lowe's an Excellent Dividend Stock to Buy Now?
The home improvement industry in the U.S. generates roughly $1 trillion in annual revenue.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of May 4, 2025. The video was...The Motley Fool
Wed, May 7
Stocks
Rivian or Tesla? The EV Stock to Buy Now for the Next 10 Years
Tesla (NASDAQ: TSLA) made early investors rich -- but is Rivian (NASDAQ: RIVN) the next big electric vehicle (EV) winner?With Tesla sinking and political headwinds mounting, some analysts say Rivian's Amazon and Volkswagen deals could fuel a massive comeback.Where to invest $1,000 right now? Our ana...The Motley Fool
Wed, May 7
Commodities
Greece, Egypt agree to boost ties, back Gaza reconstruction plan
ATHENS, May 7 - Greece and Egypt signed a "strategic partnership" deal on Wednesday as they seek to step up political coordination to help safeguard stability in the Eastern Mediterranean amid the ongoing war in Gaza. "Our bilateral cooperation is based on political, economic, and cul...Reuters
Wed, May 7
Stocks
BofA upgrades Wynn to 'buy'; shares fall after early gains
** Shares of casino operator Wynn Resorts WYNN.O reverse course, down more than 1% to $83 after rising 3% in early trade** BofA Global Research raises rating to "buy" from "neutral"; ups PT to $100 from $90, a 20% upside to stock's last close** Brokerage says WYNN's UAE casin...Reuters
Wed, May 7
Other
New York Times subscribers jump on bundling strength, busy news cycle
NYT added 250,000 digital-only subscribers in Q1Total subscribers reached over 11 millionNYT said Q1 revenue rose 7.1%Digital ad revenue strong, but print weakBy Jaspreet Singh May 7 (Reuters) - The New York Times NYT.N added more digital subscribers in the first quarter than Wall Street had expe...Reuters
Wed, May 7
Commodities
U.S. nuclear power plant outages
May 7 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Total o...Reuters
Wed, May 7
Economic Indicator
Mexico central bank expects further rate cuts, governor says
May 7 (Reuters) - Mexican central bank governor Victoria Rodriguez expects further cuts to the benchmark interest rate if inflation holds steady as expected, she told Reuters."We foresee that the inflationary environment will allow us to continue with the cycle of cuts to the reference rate,"...Reuters
Wed, May 7
Stocks
Icahn Enterprises LP reports results for the quarter ended March 31 - Earnings Summary
Icahn Enterprises LP IEP.OQ reported a quarterly adjusted loss of 79 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -9 cents. The lone analyst forecast for the quarter was for earnings of 19 cents per share. Revenue fell 10....Reuters
Wed, May 7
Stocks
SmartRent Inc reports results for the quarter ended March 31 - Earnings Summary
SmartRent Inc SMRT.N reported a quarterly adjusted loss of 8 cents 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 three analysts for the quarter was for a loss of 4 cents per share. Wall Street ex...Reuters
Wed, May 7
Other
US congratulates Germany's Merz on becoming chancellor
WASHINGTON, May 7 (Reuters) - Vice President JD Vance on Wednesday extended congratulations from the United States to Germany's Friedrich Merz after the conservative leader was elected chancellor."I know that we'll have a conversation with him in the next couple of days," Vance said ...Reuters
Wed, May 7
Stocks
Ardmore Shipping Corp reports results for the quarter ended March 31 - Earnings Summary
Ardmore Shipping Corp ASC.N reported quarterly adjusted earnings of 14 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 92 cents. The mean expectation of four analysts for the quarter was for earnings of 13 cents per share. Wa...Reuters
Wed, May 7
Other
Putin and Maduro sign strategic partnership agreement
MOSCOW, May 7 (Reuters) - Russian President Vladimir Putin and Venezuelan President Nicolas Maduro on Wednesday signed a strategic partnership agreement in a ceremony shown on state TV.The two leaders discussed energy and oil during their talks in Moscow on Wednesday, Russia's Interfax news agen...Reuters
Wed, May 7
Other
FM unveils virtual program for AI and data center risk
By Rebecca DelaneyMay 7 - (The Insurer) - Commercial property insurer FM has launched the FM Intellium program to help clients understand the risks associated with the recent boom in AI technologies and cloud computing.These technological innovations require data centers and subsequent power generat...Reuters
Wed, May 7
Stocks
CrowdStrike to lay off 5% of staff, reaffirms forecasts
May 7 (Reuters) - CrowdStrike CRWD.O reiterated its fiscal 2026 first quarter and annual forecasts on Wednesday and announced a plan to cut about 500 roles, roughly 5% of its workforce, to streamline operations and reduce costs.The cybersecurity company will incur about $36 million to $53 million in...Reuters
Wed, May 7
Other
Lockton PL Ferrari appoints Atkins London office manager
By Michael JonesMay 7 - (The Insurer) - Specialist P&I broker Lockton P.L Ferrari has appointed Pippa Atkins as manager of its London office, the company said on Wednesday.Atkins will be in charge of the day-to-day management of the London team and will handle strategic decision-making, alongsid...Reuters
Wed, May 7
Stocks
Emerson Electric raises annual profit forecast, shares jump
May 7 (Reuters) - Emerson Electric EMR.N raised its full-year profit forecast on Wednesday on the back of strong demand for its automation services and products that also helped the company report second-quarter earnings ahead of Wall Street estimates.The company's shares jumped more than 3% to ...Reuters
Wed, May 7
Stocks
TPG Inc reports results for the quarter ended March 31 - Earnings Summary
TPG Inc TPG.OQ reported quarterly adjusted earnings of 51 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 49 cents. The mean expectation of twelve analysts for the quarter was for earnings of 46 cents per share. Wall Street ...Reuters
Wed, May 7
Other
Patriot Growth partners with aviation specialist LGA
By Michael JonesMay 7 - (The Insurer) - Patriot Growth Insurance Services has partnered with Texas-based aviation insurance agency Ladd Gardner Aviation Insurance (LGA), the company said on Tuesday.Founded in 2007 by Ladd Gardner, LGA specialises in aviation-related coverage for aircraft owners, ope...Reuters
Wed, May 7
Stocks
Cencora up on raising 2025 profit forecast
** Shares of drug distributor Cencora COR.N rise 5.7% to $307.50 ** Co raises annual adj.profit forecast on strong demand for costly specialty medicines and weight-loss drugs** Expects 2025 adj.profit to be between $15.70 and $15.95 per share, up from its previous expectation of $15.30 to $15.60 per...Reuters
Wed, May 7
