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Stocks
AMD forecasts $1.5 billion revenue hit from US curbs on China chip exports
May 6 (Reuters) - Advanced Micro Devices AMD.O on Tuesday forecast a $1.5 billion hit to revenue this year due to new U.S. curbs on chips, which require the company to obtain a license to ship advanced artificial-intelligence processors to China.
Reuters
Wed, May 7
Stocks
Select Water Solutions Inc reports results for the quarter ended March 31 - Earnings Summary
Select Water Solutions Inc WTTR.N reported quarterly adjusted earnings of 8 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of five analysts for the quarter was for earnings of 6 cents per share...Reuters
Wed, May 7
Commodities
Gold soars to two-week high on trade jitters, India-Pakistan tensions
Gold rallied to a two-week peak on Tuesday as the Chinese markets resumed operations following a long weekend holiday and concerns about US trade policies. Geopolitical risks also boosted the precious metal, with a new conflict emerging between Pakistan and India.
Fxstreet
Wed, May 7
Commodities
Oil’s bounce may be short-lived as OPEC+ supply surge looms: Scotiabank
Investing.com -- Crude Oil WTI Futures rebounded Tuesday, following a slump a day earlier when major oil producers announced plans to ramp up production in the coming months, but the bears may soon re
Investing.com
Wed, May 7
Other
Adentra Says Q1 Sales USD 542.5 Million
May 6 (Reuters) - ADENTRA Inc ADEN.TO:ADENTRA Q1 ADJUSTED EBITDA USD 40 MILLIONADENTRA Q1 GROSS MARGIN 21.6%ADENTRA Q1 SALES USD 542.5 MILLION VERSUS. IBES ESTIMATE USD 542.3 MILLIONADENTRA INC - Q1 ADJUSTED BASIC EARNINGS PER SHARE OF $0.42ADENTRA INC - WE MAINTAIN A CONSERVATIVE NEAR-TERM OUTLOOKA...Reuters
Wed, May 7
Stocks
Equities close lower as tariff uncertainty weighs
NEW YORK, May 6 (Reuters) - U.S. stocks were lower for a second straight session on Tuesday as comments from U.S. President Donald Trump and Treasury Secretary Scott Bessent provided little clarity to the timeline for any trade deals.Reuters
Wed, May 7
Stocks
Masterbrand Inc reports results for the quarter ended March 31 - Earnings Summary
Masterbrand Inc MBC.N reported quarterly adjusted earnings of 18 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 29 cents. The lone analyst forecast for the quarter was for earnings of 20 cents per share. Revenue rose 3.5% to...Reuters
Wed, May 7
Stocks
Fortune Brands Innovations Inc reports results for the quarter ended March 31 - Earnings Summary
Fortune Brands Innovations Inc FBIN.N reported quarterly adjusted earnings of 66 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 83 cents. The mean expectation of seventeen analysts for the quarter was for earnings of 66 cent...Reuters
Wed, May 7
Stocks
Arcosa Inc reports results for the quarter ended March 31 - Earnings Summary
Arcosa Inc ACA.N reported quarterly adjusted earnings of 49 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 73 cents. The mean expectation of six analysts for the quarter was for earnings of 19 cents per share. Wall Street ex...Reuters
Wed, May 7
Stocks
Bristow Group Inc reports results for the quarter ended March 31 - Earnings Summary
Bristow Group Inc VTOL.N reported quarterly adjusted earnings of $1.06 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 39 cents. The mean expectation of two analysts for the quarter was for earnings of 65 cents per share. Revenue ...Reuters
Wed, May 7
Commodities
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, May 7 (Reuters) - Contract Target Support/Resistance Brent oil $60.92res $62.42/$63.62Palm oil (3rd month)3,702 ringgitres 3,765/3,804 ringgitWTI* $59.05/$57.61res $60.21/$61.38Spot gold$3,355/$3,319res $3,436/$3,467LME copper (3rd month)*$9,600/...Reuters
Wed, May 7
Stocks
Teradata Corp reports results for the quarter ended March 31 - Earnings Summary
Teradata Corp TDC.N reported quarterly adjusted earnings of 66 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 57 cents. The mean expectation of ten analysts for the quarter was for earnings of 56 cents per share. Wall Stree...Reuters
Wed, May 7
Stocks
Corsair Gaming Inc reports results for the quarter ended March 31 - Earnings Summary
Corsair Gaming Inc CRSR.OQ reported quarterly adjusted earnings of 11 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of six analysts for the quarter was for earnings of 12 cents per share. Wall...Reuters
Wed, May 7
Stocks
Suncor Energy Inc reports results for the quarter ended March 31 - Earnings Summary
Suncor Energy Inc SU.TO reported quarterly adjusted earnings of C$1.31 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of C$1.41. The mean expectation of nine analysts for the quarter was for earnings of C$1.20 per share. Wall Street ...Reuters
Wed, May 7
Stocks
Ashford Hospitality Trust Inc reports results for the quarter ended March 31 - Earnings Summary
Ashford Hospitality Trust Inc AHT.N reported a quarterly adjusted loss of $4.91 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $6.00. The lone analyst forecast for the quarter was for a loss of $11.32 per share. Revenue fell 8.7% ...Reuters
Wed, May 7
Cryptocurrencies
XRP Price Still On Bullish Path To $5 As Long As This Level Holds
The XRP price continues to show strong bullish signals in the medium term, with a crypto analyst forecasting a significant move to a new ATH. Despite ongoing market fluctuations, the cryptocurrency continues to hold key levels, maintaining a bullish path toward the $5 target. Elliott Wave Maps Out X...NewsBTC
Wed, May 7
Other
DIARY-Top Economic Events to June 27
May 7 (Reuters) - For other diaries, please see: Top Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYPolitical and General News POL/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY---------...Reuters
Wed, May 7
Other
Lawsuit accuses Diageo of duping US consumers about tequila purity
By Mike Scarcella May 6 (Reuters) - A new lawsuit accused spirits giant Diageo DGE.L of misleading consumers by deceptively labeling some of its popular tequila products as “100% tequila” despite containing other alcohols.The proposed class action filed on Monday in federal court in Brooklyn by c...Reuters
Tue, May 6
Other
Trump ramps up judicial nominations with four picks in Missouri
By Nate Raymond May 6 (Reuters) - U.S. President Donald Trump announced on Tuesday that he was nominating four Missouri lawyers with experience as prosecutors or working under the state's Republican attorney general to serve as federal trial court judges in the state.The new nominees brought ...Reuters
Tue, May 6
