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Stocks
BMW expects car tariffs to fall from July in upbeat take on trade war
Expects some tariffs to fall from H2In talks with various U.S. policymakers, CEO saysQ1 auto EBIT margin at 6.9% vs 6.3% in LSEG pollBMW shares up 1.3%Warns of 'notable' tariff impact in Q2 By Christoph Steitz and Nick CareyFRANKFURT/LONDON, May 7 (Reuters) - BMW BMWG.DE expects U.S. car tar...Reuters
Wed, May 7
Stocks
MORNING BID AMERICAS-Trade talks at last
By Mike Dolan LONDON, May 7 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial MarketsWall Street's latest stutter seems to have been cut short, as stock futures welcomed the announcement of upcoming U.S.-China trade t...Reuters
Wed, May 7
Stocks
US STOCKS-US stock futures rise on China trade de-escalation hopes; Fed on watch
Futures up: Dow 0.54%, S&P 500 0.56%, Nasdaq 0.57% May 7 (Reuters) - U.S. stock index futures rebounded on Wednesday as hopes of a de-escalation in trade tensions with Beijing firmed, while the Federal Reserve's ongoing monetary policy meeting remained in focus. Washington announced late ...Reuters
Wed, May 7
Other
Great Restaurant Development Holdings Ltd Files To Withdraw Us IPO Plans - SEC Filing
May 7 (Reuters) - Great Restaurant Development Holdings Ltd HPOT.O:GREAT RESTAURANT DEVELOPMENT HOLDINGS LTD FILES TO WITHDRAW US IPO PLANS - SEC FILINGGREAT RESTAURANT DEVELOPMENT HOLDINGS LTD: SAYS HAD PREVIOUSLY FILED FOR US IPO IN DEC 2024Source text: [ID:n0001641172-25-008908]Reuters
Wed, May 7
Other
S&P Honda Motor Outlook Revised To Negative On Likely Impact Of U.S. Tariffs 'A-/A-2' Ratings Affirmed
May 7 (Reuters) - Honda Motor Co Ltd 7267.T:S&P: HONDA MOTOR OUTLOOK REVISED TO NEGATIVE ON LIKELY IMPACT OF U.S. TARIFFS; 'A-/A-2' RATINGS AFFIRMEDS&P: HONDA MOTOR'S PROFITABILITY TO LIKELY DECLINE MORE THAN PREVIOUSLY ASSUMED BECAUSE OF U.S. TARIFF HIKESS&P: HONDA MOTOR WIL...Reuters
Wed, May 7
Other
TABLE-EU Commission sells 3-month EU-Bills at average yield of 2.029%
May 7 (Reuters) - The European Commission, on behalf of the European Union, carried out on Wednesday an EU-Bills auction. The results of this auction are as follows: EU-BillsEU-BillsEU-BillsISINEU000A4D5544EU000A4EAKN8EU000A4EAKP3Date of auction07-05-202507-05-202507-05-2025Settlement date09-05-20...Reuters
Wed, May 7
Other
Putin and Venezuela's Maduro to sign strategic partnership pact
MOSCOW, May 7 (Reuters) - Russian President Vladimir Putin will hold talks with Venezuelan President Nicolas Maduro in Moscow on Wednesday and the two leaders will sign a strategic partnership agreement, the Kremlin said.Spokesman Dmitry Peskov told reporters it would be a "weighty, substantial ...Reuters
Wed, May 7
Other
Clear Channel Outdoor Holdings, Inc. Agrees To Sell Its Brazil Business To An Affiliate Of Eletromidia S.A.
May 7 (Reuters) - Clear Channel Outdoor Holdings Inc CCO.N:CLEAR CHANNEL OUTDOOR HOLDINGS, INC. AGREES TO SELL ITS BRAZIL BUSINESS TO AN AFFILIATE OF ELETROMIDIA S.A.CLEAR CHANNEL OUTDOOR HOLDINGS INC - DEAL VALUED AT APPROXIMATELY R$80 MILLION OR US$14 MILLIONReuters
Wed, May 7
Other
Cummins Inc - Enters Underwriting Agreement With Major Banks - SEC Filing
May 7 (Reuters) - Cummins Inc CMI.N:CUMMINS INC - ENTERS UNDERWRITING AGREEMENT WITH MAJOR BANKS - SEC FILINGCUMMINS INC - TO SELL $300 MILLION 4.250% NOTES DUE 2028 - SEC FILINGCUMMINS INC - TO SELL $700 MILLION 4.700% NOTES DUE 2031 - SEC FILINGCUMMINS INC - TO SELL $1 BILLION 5.300% NOTES DUE 203...Reuters
Wed, May 7
Other
CrowdStrike Holdings Inc - Expects Q1 Fiscal 2026 Results In-Line Or Above Guidance - SEC Filing
May 7 (Reuters) - CrowdStrike Holdings Inc CRWD.O:CROWDSTRIKE HOLDINGS INC - EXPECTS Q1 FISCAL 2026 RESULTS IN-LINE OR ABOVE GUIDANCE - SEC FILINGCROWDSTRIKE HOLDINGS INC - REAFFIRMS GUIDANCE FOR FISCAL YEAR 2026 - SEC FILINGCROWDSTRIKE HOLDINGS INC - PLAN TO REDUCE APPROXIMATELY 500 POSITIONS OR 5%...Reuters
Wed, May 7
Other
Grab looks to strike a deal to acquire Indonesia's GoTo in Q2, sources say
By Yantoultra Ngui, Kane Wu and Fanny PotkinSINGAPORE/HONG KONG, May 7 (Reuters) - U.S.-listed ride-hailing and food delivery firm Grab GRAB.O is looking to strike a deal to take over smaller Indonesian rival GoTo GOTO.JK in the second quarter, two sources with knowledge of the matter said.Singapore...Reuters
Wed, May 7
Economic Indicator
Gold tumbles as progress in US-China trade talks offsets India-Pakistan conflict
Gold (XAU/USD) drops by more than 1% on Wednesday to $3,391 at the time of writing, ahead of the Federal Reserve (Fed) rate decision and after statements from both China and the United States (US) confirmed that trade talks will kick off this weekend.
Fxstreet
Wed, May 7
Other
Bunge beats quarterly profit estimates
May 7 (Reuters) - Bunge BG.N beat Wall Street expectations for first-quarter profit on Wednesday as the grain trader and processor benefited from higher processing margins.The Missouri-based company posted an adjusted profit of $1.81 per share for the three months ended March 31, compared with analy...Reuters
Wed, May 7
Other
EUROPE RESEARCH ROUNDUP-British Land, Imperial Brands, Vodafone
May 7 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including British Land, Imperial Brands and Vodafone on Wednesday. HIGHLIGHTS* Aena AENA.MC: Citigroup raises target price to EUR 220 from EUR 210* British Land BLND.L: Peel Hunt raises targe...Reuters
Wed, May 7
Commodities
Barrick Mining's quarterly profit beats on gold price rally
May 7 (Reuters) - Barrick Mining ABX.TO reported a first-quarter profit on Wednesday that beat analysts' estimates, driven by a surge in gold prices.On an adjusted basis, the company, previously known as Barrick Gold, earned 35 cents per share in the quarter, compared with analysts' average ...Reuters
Wed, May 7
Stocks
2 Stocks That Could Turn $1,000 Into $5,000 by 2030
When you consider that the S&P 500 returned about 9% annually on average over the last 30 years, a fivefold gain in just five years amounts to a monumentally high return. You have to be extremely selective when looking for such gains, finding stocks that combine a reasonable valuation and tremendous...The Motley Fool
Wed, May 7
Cryptocurrencies
72% Of Binance Traders Go Long On Dogecoin, What Does This Mean For Price?
Despite the Dogecoin price struggling and dropping recently, it seems investors are still very bullish on the meme coin. This is evidenced by the fact that there are now a large majority of crypto traders who are choosing to bet on a recovery for the meme coin rather than further decline. This is mo...NewsBTC
Wed, May 7
