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Morning News Call - U.S., May 7
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
Wed, May 7
Stocks
Hain Celestial dives on annual sales forecast cut, downbeat Q3 results; CEO steps down
** Shares of organic and natural products company Hain Celestial HAIN.O down 28.5% at $1.99 premarket** Co now expects annual organic net sales growth to be down about 5% to 6%, compared to previous forecast of down 2% to 4%, on slower-than-anticipated volume recovery, and softening and volatile mac...Reuters
Wed, May 7
Other
Matador Technologies Announces New Bitcoin-Centric Identity As It Expands Into Technology And Investment Activities
May 7 (Reuters) - Matador Technologies Inc MATA.V:MATADOR TECHNOLOGIES ANNOUNCES NEW BITCOIN-CENTRIC IDENTITY AS IT EXPANDS INTO TECHNOLOGY AND INVESTMENT ACTIVITIESReuters
Wed, May 7
Stocks
Prediction: This Artificial Intelligence (AI) Stock Could Be Worth More Than Nvidia by 2030
Artificial intelligence (AI) has become a major tailwind for technology businesses over the last couple of years. But just how big of a factor is the AI boom for the world's largest enterprises?Consider semiconductor powerhouse Nvidia (NASDAQ: NVDA) as a prime example. Exactly two years ago, Nvidia'...The Motley Fool
Wed, May 7
Other
France's Macron: we want to diversify our economic partners
PARIS, May 7 (Reuters) - France wants to diversify its economic partners and is in favour of trade deals if they protect its producers and guarantees a level playing field.Macron, who was speaking alongside new German Chancellor Friedrich Merz at the Elysee palace, also said there was a need for mor...Reuters
Wed, May 7
Commodities
Elementl Power And Google Sign Strategic Agreement To Develop Locations For Advanced Nuclear Projects
May 7 (Reuters) - Alphabet Inc GOOGL.O:ELEMENTL POWER AND GOOGLE SIGN STRATEGIC AGREEMENT TO DEVELOP LOCATIONS FOR ADVANCED NUCLEAR PROJECTSELEMENTL POWER: STRATEGIC AGREEMENT WITH GOOGLE TO PRE-POSITION THREE PROJECT SITES FOR ADVANCED NUCLEAR ENERGYELEMENTL POWER: EACH PROJECT WITH GOOGLE WOULD GE...Reuters
Wed, May 7
Other
PAR Technology Corp expected to post a loss of 2 cents a share - Earnings Preview
PAR Technology Corp PAR.N, PAR is expected to show a fall in quarterly revenue when it reports results on May 9 for the period ending March 31 2025The New Hartford New York-based company is expected to report a 0.6% decrease in revenue to $104.827 million from $105.5 million a year ago, according ...Reuters
Wed, May 7
Stocks
Disney earnings, outlook beat estimates despite worries over economic uncertainty
Investing.com - Walt Disney (NYSE:DIS) has reported profit and revenue in its fiscal second quarter that topped estimates, while the entertainment giant annual forecast also beat projections despiInvesting.com
Wed, May 7
Stocks
US STOCKS-US stock futures up on China trade de-escalation hopes; Fed decision awaited
Futures up: Dow 0.73%, S&P 500 0.66%, Nasdaq 0.67%Fed's monetary policy announcement due at 2 pm ETAMD rises after upbeat Q2 revenue forecast Disney shines as earnings top expectationsBy Purvi Agarwal and Johann M Cherian May 7 (Reuters) - U.S. stock index futures rose on Wednesday as hop...Reuters
Wed, May 7
Cryptocurrencies
XRP At Make-Or-Break Technical Zone, Crypto Analyst Warns
XRP is pressing into a confluence of Fibonacci supports that could decide whether the late-2024 rally extends or snaps, according to a one-hour chart shared on X by independent analyst CasiTrades. The token last changed hands at $2.0995 on Binance when the snapshot was published, down 0.16% on the s...NewsBTC
Wed, May 7
Stocks
Why Take-Two Interactive Stock Rose 12.6% Last Month, but Has Slipped in May
Take-Two Interactive (NASDAQ: TTWO) stock posted double-digit gains across April's trading despite huge volatility for the market. The company's share price climbed 12.6% in the month. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) closed out the period down 0.8%, and the Nasdaq Composite (NASDAQINDEX: ^I...The Motley Fool
Wed, May 7
Stocks
Hims & Hers Jumps 18.2% on Incredible 111% Revenue Growth
Hims & Hers (NYSE: HIMS) stock soared 18.2% in trading on Tuesday after the company reported first-quarter revenue growth of 111% and an increase in 2025 guidance. The results were phenomenal and a short squeeze likely helped, which Travis Hoium discusses in this video.*Stock prices used were end-of...The Motley Fool
Wed, May 7
Stocks
Here's Why Archer Aviation Stock Is a Buy Before May 12
When it comes to investing in young, developing companies, there's always a trade-off to be made. Do you buy early, before it has proved its business concept? Or do you wait until the concept is proven and potentially miss out on some of the potential gains?If you are willing to take on the risk of ...The Motley Fool
Wed, May 7
Cryptocurrencies
Former Celsius CEO Fights DOJ’s 20-Year Punishment Proposal Ahead Of May 8 Sentencing
Celsius’ former CEO’s lawyers have filed a motion seeking a reduced one-year sentence and criticizing the US Department of Justice’s (DOJ) proposed 20-year punishment ahead of its upcoming sentencing hearing. Related Reading: Indonesia Suspends Sam Altman’s World Crypto Project For Alleged Registrat...Bitcoinist
Wed, May 7
Stocks
Honeywell rises after BofA upgrades rating on Q1 earnings
** Industrial and aerospace company Honeywell's shares HON.O rise 2.3% to $214.80 premarket** BofA lifts rating to "buy" from "neutral" following HON's "solid, beat-and-raise 1Q25 earnings" ** Lifts PT to $250 from $210, a 19% upside to the stock's last close*...Reuters
Wed, May 7
Stocks
CrowdStrike to layoff about 5% of its workforce; shares down
** Shares of cybersecurity company CrowdStrike CRWD.O fall 2.2% to $433.48 premarket ** CRWD to layoff about 500 employees, roughly 5% of its workforce, and will incur about $36 mln to $53 mln in charges related to layoffs, of which about $7 mln will be recognized in Q1 ended April 30** Co expects 2...Reuters
Wed, May 7
