News
Important Only
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
Other
Air Canada expected to post a loss of 54 cents a share - Earnings Preview
Air Canada AC.TO is expected to show a rise in quarterly revenue when it reports results on May 9 for the period ending March 31 2025The Saint-laurent Quebec-based company is expected to report a 1.2% increase in revenue to C$5.289 billion from C$5.23 billion a year ago, according to the mean est...Reuters
Wed, May 7
Cryptocurrencies
Terawulf Inc expected to post a loss of 7 cents a share - Earnings Preview
Terawulf Inc WULF.OQ WULF.O is expected to show a rise in quarterly revenue when it reports results on May 9 for the period ending March 31 2025The Easton Maryland-based company is expected to report a 1.6% increase in revenue to $43.132 million from $42.43 million a year ago, according to the mea...Reuters
Wed, May 7
Stocks
LIVE MARKETS-Benchmark Treasury yield cruising above the cloud
US equity index futures green; small-cap Russell 2000 up ~0.8%Mortgage market index 248.4 vs 223.7 last weekEuro STOXX 600 index down ~0.4%Dollar slips; gold down >1%; crude up slightly; bitcoin up >2%US 10-Year Treasury yield edges up to ~4.32Welcome to the home for real-time coverage of mark...Reuters
Wed, May 7
Cryptocurrencies
Tether’s $1 Billion Mint Powers Tron — Is A Breakout Brewing?
Tron (TRX) is retaining its position after a tumultuous weekend in the general crypto space. The token remains close to $0.24, recording a negligible decline of only 0.91% over the last day. Even as there is tame price action, analysts are in close observation looking for indications of a potential ...NewsBTC
Wed, May 7
Forex
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.2% lower at C$1.3802 to the greenback, or 72.45 U.S. cents, after trading in a range of 1.3764 to 1.3806.Canadian government 10-year bond yields CA10YT=R...Reuters
Wed, May 7
Stocks
Planning to Retire in 2030? Read This Before You Collect Your First Social Security Check.
If you plan to apply for Social Security in 2030, you may feel like the next five years can't go by fast enough. You're probably ready to reap some rewards from the program you've paid into your entire working life, and you may be ready to start your transition into retirement if you're not already ...The Motley Fool
Wed, May 7
Other
Ultralife Corp expected to post earnings of 15 cents a share - Earnings Preview
Ultralife Corp ULBI.OQ ULBI.O is expected to show a rise in quarterly revenue when it reports results on May 9 for the period ending March 31 2025The Newark New York New York-based company is expected to report a 14.5% increase in revenue to $48 million from $41.93 million a year ago, according to...Reuters
Wed, May 7
Stocks
Asset Entities soars on deal to emulate Strategy's bitcoin playbook
** Shares of social media marketing company Asset Entities ASST.O more than double premarket** Stock was last trading at $1.54, on course to hit its highest since January 22 if current gains hold** Co agreed to merge with Strive Asset Management, a unit of Vivek Ramaswamy's financial services fi...Reuters
Wed, May 7
Economic Indicator
US tariffs, Europe slowdown reshape global solar panels trade
SINGAPORE, May 7 (Reuters) - Solar panel makers in Laos and Indonesia, mostly owned by Chinese firms, boosted their share in the U.S. market after steep tariffs hit exports from other Southeast Asian countries including Cambodia and Thailand, trade data showed.Reuters
Wed, May 7
Other
Enbridge Inc expected to post earnings of 96 cents a share - Earnings Preview
Enbridge Inc ENB.TO is expected to show a rise in quarterly revenue when it reports results on May 9 for the period ending March 31 2025The Calgary Alberta-based company is expected to report a 28.9% increase in revenue to C$14.225 billion from C$11.04 billion a year ago, according to the mean es...Reuters
Wed, May 7
Stocks
AMD Earnings: Data Center Shines Again
Here's our initial take on Advanced Micro Devices' (NASDAQ: AMD) fiscal 2025 first-quarter financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsRevenue$5.47 billion$7.44 billion 36%BeatEarnings per share (adjusted)$0.62$0.96 55%BeatData center revenue$2.34 billion$3.67 billion 57%n/...The Motley Fool
Wed, May 7
Other
AMC Networks Inc expected to post earnings of 80 cents a share - Earnings Preview
AMC Networks Inc AMCX.OQ AMCX.O is expected to show a fall 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 4.5% decrease in revenue to $569.368 million from $596.46 million a year ago, according to the...Reuters
Wed, May 7
