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TELUS International (CDA) Inc expected to post earnings of 5 cents a share - Earnings Preview
TELUS International (CDA) Inc TIXT.TO is expected to show a fall 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 1.1% decrease in revenue to $650.016 million from $657 million a year ago,...Reuters
Wed, May 7
Other
Amazon to spend $4 billion on cloud infrastructure in Chile
By Fabian Cambero SANTIAGO, May 7 (Reuters) - Amazon's cloud computing division will invest $4 billion to build its first data centers and other cloud infrastructure in Chile, the company's head of South Latin America told Reuters.Amazon Web Services (AWS) expects the cloud region, its th...Reuters
Wed, May 7
Other
Aura Biosciences Inc expected to post a loss of 49 cents a share - Earnings Preview
Aura Biosciences Inc AURA.OQ AURA.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 Aura Biosciences Inc is for a loss of 49 cents per share. The current average analyst rating o...Reuters
Wed, May 7
Economic Indicator
Romania revises May domestic debt issuance down to 4.38 bln lei-finmin data
BUCHAREST, May 7 (Reuters) - Romania has revised down its domestic debt issuance plan for May to some 4.38 billion lei ($971.91 million) from an initial target of 6.06 billion lei, finance ministry data showed on Wednesday, as political uncertainty fueled by a presidential election hurt demand.After...Reuters
Wed, May 7
Stocks
CPI Card Group Inc reports results for the quarter ended March 31 - Earnings Summary
CPI Card Group Inc PMTS.OQ reported quarterly adjusted earnings of 40 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 mean expectation of four analysts for the quarter was for earnings of 65 cents per share. Wal...Reuters
Wed, May 7
Other
Outbrain Inc expected to post a loss of 10 cents a share - Earnings Preview
Outbrain Inc OB.OQ OB.O is expected to show a rise in quarterly revenue when it reports results on May 9 for the period ending March 31 2025The New York City-based company is expected to report a 28.9% increase in revenue to $279.748 million from $216.96 million a year ago, according to the mean e...Reuters
Wed, May 7
Other
Koppers Holdings Inc expected to post earnings of 62 cents a share - Earnings Preview
Koppers Holdings Inc KOP.N, KOP is expected to show a fall in quarterly revenue when it reports results on May 9 for the period ending March 31 2025The Pittsburgh Pennsylvania-based company is expected to report a 1.4% decrease in revenue to $490.567 million from $497.6 million a year ago, accordi...Reuters
Wed, May 7
Stocks
US STOCKS-Wall St set for gains on China trade de-escalation hopes; Fed verdict awaited
Futures up: Dow 0.45%, S&P 500 0.32%, Nasdaq 0.20%Fed's monetary policy announcement due at 2 pm ETUber falls after Q1 revenue misses estimatesDisney shines as earnings top expectationsBy Purvi Agarwal and Johann M Cherian May 7 (Reuters) - U.S. stock index futures pointed to a slightly h...Reuters
Wed, May 7
Stocks
Bio-Techne rises on Q3 profit beat
** Shares of biotech firm Bio-Techne TECH.O rise 4.8% to $50.05 premarket** Co reports Q3 profit of 56 cents per share, surpassing estimates of 51 cents, according to data compiled by LSEG ** TECH posts Q3 revenue of $316.2 million, falling short of analysts' estimate of $317.53 million ** Inclu...Reuters
Wed, May 7
Stocks
Honeywell rises as BofA upgrades stock to Buy on a return to positive revisions
Investing.com -- Bank of America (NYSE:BAC) (BofA) has upgraded Honeywell (NASDAQ:HON) to Buy from Neutral and raised its price objective on the stock to $250 from $210, citing a return to stable or pInvesting.com
Wed, May 7
Other
Essent Group Ltd expected to post earnings of $1.65 a share - Earnings Preview
Essent Group Ltd ESNT.N, ESNT.K is expected to show a rise in quarterly revenue when it reports results on May 9 for the period ending March 31 2025The Hamilton Bermuda-based company is expected to report a 4.0% increase in revenue to $310.287 million from $298.36 million a year ago, according to...Reuters
Wed, May 7
Other
Telos Corp expected to post a loss of 5 cents a share - Earnings Preview
Telos Corp TLS.OQ TLS.O is expected to show a fall in quarterly revenue when it reports results on May 9 for the period ending March 31 2025The Ashburn Virginia-based company is expected to report a 1.3% decrease in revenue to $29.224 million from $29.62 million a year ago, according to the mean e...Reuters
Wed, May 7
Stocks
Upstart Falls as Investors Fear Stall
Here's our initial take on Upstart Holdings' (NASDAQ: UPST) first-quarter financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsProduction-adjusted revenue$127.8 million$213.4 million 67%BeatAdjusted earnings per share($0.31)$0.30N/MBeatAdjusted EBITDA($20.3 million)$42.6 millionN/Mn...The Motley Fool
Wed, May 7
Stocks
Palantir Just Delivered a Monster Quarter, but the Stock Is Plummeting. The Reason Why Is Obvious.
Until recently, the capital markets have exhibited abnormal levels of strength over the last few years. Perhaps the biggest influence fueling stocks during this period is the bullish narrative surrounding artificial intelligence (AI).Since May 5, 2022, the Invesco QQQ ETF -- which tracks the Nasdaq-...The Motley Fool
Wed, May 7
Other
FAA taking immediate steps to address flight woes at Newark
WASHINGTON, May 7 (Reuters) - The Federal Aviation Administration said Wednesday it is taking immediate steps to address ongoing woes that have disrupted hundreds of flights at Newark Liberty International Airport since April 28.The FAA said it is increasing air traffic controller staffing and addin...Reuters
Wed, May 7
Stocks
Baltic index falls as capesize segment declines
May 7 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell on Wednesday, as lower rates in the capesize segment overshadowed gains in the panamax and supramax segments.* The main index .BADI, which monitor...Reuters
Wed, May 7
Stocks
Novo Nordisk hopes to see US Wegovy sales recover soon
Wegovy sales expected to recover after FDA ban on copycatsGuidance for 2025 sales, profit both cut Slower US obesity market penetration Q4 sales narrowly miss, profits beatShares up 3.4%By Jacob Gronholt-Pedersen and Maggie Fick COPENHAGEN/LONDON, May 7 (Reuters) - Drugmaker Novo Nordisk NOVOb.CO...Reuters
Wed, May 7
Other
Plains All American Pipeline LP expected to post earnings of 43 cents a share - Earnings Preview
Plains All American Pipeline LP PAA.OQ PAA.O is expected to show a rise in quarterly revenue when it reports results on May 9 for the period ending March 31 2025The Houston Texas-based company is expected to report a 18.9% increase in revenue to $14.259 billion from $12 billion a year ago, accordi...Reuters
Wed, May 7
Stocks
Intermex slides on annual forecast cut
** Shares of money transfer services provider International Money Express, better known as Intermex IMXI.O, slide 11.2% to $11 premarket** IMXI cuts annual forecasts for profit and revenue, citing economic uncertainty ** "Current levels of uncertainty and volatility affecting market conditions a...Reuters
Wed, May 7
Forex
COLUMN-$1 trillion basis trade has barely barked, let alone bitten: McGeever
By Jamie McGeeverORLANDO, Florida, May 7 (Reuters) - Amid all the uncertainty surrounding U.S. growth, Federal Reserve policy, and the attractiveness of the dollar, the U.S. bond market is remarkably tranquil, calling into question long-held fears about the massive 'basis trade'.While Treasu...Reuters
Wed, May 7
