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Trimble beats quarterly revenue estimates on strong product demand
May 7 (Reuters) - Trimble TRMB.O beat Wall Street expectations for first-quarter revenue on Wednesday, benefiting from robust demand for its navigation equipment and software services despite economic uncertainty.The demand for Trimble's navigation, mapping, and geospatial services has remained ...Reuters
Wed, May 7
Stocks
Disney rises on Q2 results beat
** Shares of media giant Walt Disney DIS.N rise 6.1% to $97.8 premarket** Disney+ gains 1.4 million customers in Q2** DIS reports adjusted EPS of $1.45 for Q2 vs estimate of $1.20 - data compiled by LSEG ** Co's Q2 revenue rose 7% to $23.62 billion vs estimate of $23.14 billion** Up to last clos...Reuters
Wed, May 7
Commodities
GRAINS-Chicago soy, corn and wheat higher on China-US trade optimism
BEIJING/PARIS, May 7 (Reuters) - Chicago soybean and grain futures rose on Wednesday as news of a planned meeting between senior U.S. and Chinese officials boosted hopes for easing trade tensions between the world's two largest economies.A weaker dollar =USD and steady crude oil prices LCOc1 als...Reuters
Wed, May 7
Stocks
AMD raised to Buy: BofA says company has ’multiple growth cylinders’
Investing.com -- Bank of America upgraded Advanced Micro Devices (NASDAQ:AMD) to Buy from Neutral, citing a “compelling” risk-reward profile and potential for 20%+ top-line growth in the next two years.The firm raised its price objective to $120 from $105, reflecting increased earnings estimates...
Investing.com
Wed, May 7
Stocks
Bunge Global gains on Q1 profit beat
** Shares of grain trader Bunge Global BG.N up 2.4% at $80 premarket** Company beat Q1 profit estimate, helped by higher tariff uncertainty-fueled demand for its products** BG posts Q1 adjusted profit of $1.81/share vs estimate of $1.30/share - data compiled by LSEG** "We benefited in the first ...Reuters
Wed, May 7
Commodities
Freeport LNG export plant in Texas on track to exit outage on Wed, LSEG data shows
May 7 (Reuters) - U.S. liquefied natural gas (LNG) company Freeport LNG's export plant in Texas was on track to take in more natural gas on Wednesday after shutting on Tuesday, a sign the plant was exiting an outage, according to gas flow data from financial firm LSEG.Officials at Freeport LNG w...Reuters
Wed, May 7
Stocks
Axalta Coating Systems Ltd reports results for the quarter ended March 31 - Earnings Summary
Axalta Coating Systems Ltd AXTA.N reported quarterly adjusted earnings of 59 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 48 cents. The mean expectation of nineteen analysts for the quarter was for earnings of 54 cents pe...Reuters
Wed, May 7
Economic Indicator
US Dollar resides near five-day low as traders gauge progress in trade talks, Fed policy
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, trades broadly flat on Wednesday at around 99.40 after printing a fresh five-day low on Tuesday.Fxstreet
Wed, May 7
Stocks
U.S. STOCKS ON THE MOVE-Charles River, Emerson Electric, Honeywell
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures rose on Wednesday as hopes of a de-escalation in trade tensions with Beijing firmed, while investors awaited the Federal Reserve's decision on interest rates tha...Reuters
Wed, May 7
Other
Willow Biosciences Says Mark Hodgson To Be Appointed As President And CEO
May 7 (Reuters) - Willow Biosciences Inc WLLW.TO:WILLOW BIOSCIENCES INC. ANNOUNCES $30.0 MILLION RECAPITALIZATION FINANCING AND PROPOSED APPOINTMENT OF NEW EXECUTIVE TEAM AND BOARD OF DIRECTORS TO FORM ATLAS ENERGY CORP.WILLOW BIOSCIENCES INC - MARK HODGSON TO BE APPOINTED AS PRESIDENT AND CEOWILLOW...Reuters
Wed, May 7
Other
EXCLUSIVE-Nordics and Estonia plan offline card payment back-up if internet cut
By Anne Kauranen HELSINKI, May 7 (Reuters) - Finland, Sweden, Norway, Denmark and Estonia are planning to roll out a system of offline card payments to provide a back-up if internet connections are lost, including due to sabotage, Bank of Finland board member Tuomas Valimaki said on Wednesday.The...Reuters
Wed, May 7
Other
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
