News
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Stocks
TPG, Corpay to buy AvidXchange for $2.2 billion
May 6 (Reuters) - Global alternative asset manager TPG TPG.O will partner Corpay to buy payments solution firm AvidXchange AVDX.O for $2.2 billion in an all-cash deal, the companies said on Tuesday.The announcement sent AvidXchange's shares soaring about 20% in extended trading.Reuters
Tue, May 6
Other
Nuvista Energy Ltd expected to post earnings of 43 cents a share - Earnings Preview
Nuvista Energy Ltd NVA.TO is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Calgary Alberta-based company is expected to report a 8.1% increase in revenue to C$334 million from C$309.02 million a year ago, according to the esti...Reuters
Tue, May 6
Other
Clearfield Inc expected to post a loss of 19 cents a share - Earnings Preview
Clearfield Inc CLFD.OQ CLFD.O is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Plymouth Minnesota-based company is expected to report a 4.4% increase in revenue to $38.525 million from $36.91 million a year ago, according to th...Reuters
Tue, May 6
Stocks
Why Taiwan Semiconductor Manufacturing Stock Sank Today
Taiwan Semiconductor Manufacturing (NYSE: TSM) stock lost ground in Tuesday's trading. The company's share price ended the day down 2.3% amid a 0.8% decline for the S&P 500 (SNPINDEX: ^GSPC) and a 0.9% decline for the Nasdaq Composite (NASDAQINDEX: ^IXIC). The stock had been off as much as 3.3% earl...The Motley Fool
Tue, May 6
Stocks
Valhi Inc expected to post earnings of 66 cents a share - Earnings Preview
Valhi Inc VHI.N, VHI is expected to report resultson May 8 for the period ending March 31 2025LSEG's mean analyst estimate for Valhi Inc is for earnings of 66 cents per share. The one available analyst rating on the shares is "sell". The mean earnings estimate of analysts was unchanged...Reuters
Tue, May 6
Other
Trump announces four judicial nominees in Missouri
WASHINGTON, May 6 (Reuters) - U.S. President Donald Trump on Tuesday announced four judicial nominations in the state of Missouri, bringing the total number of judges he's nominated to sit on federal courts during his second term to five. The nominees are Joshua Divine, Zachary Bluestone, Maria...Reuters
Tue, May 6
Other
Brighthouse Financial Inc expected to post earnings of $4.55 a share - Earnings Preview
Brighthouse Financial Inc BHF.OQ BHF.O is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Charlotte North Carolina-based company is expected to report a 12.3% increase in revenue to $2.287 billion from $2.04 billion a year ago, a...Reuters
Tue, May 6
Other
PHX Minerals Inc expected to post earnings of 4 cents a share - Earnings Preview
PHX Minerals Inc PHX.N, PHX is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Oklahoma City Oklahoma-based company is expected to report a 27.1% increase in revenue to $10 million from $7.87 million a year ago, according to the ...Reuters
Tue, May 6
Cryptocurrencies
This Polymarket trader will take $400K if the Fed cuts rates tomorrow
Fed’s decision on Wednesday is awaited by Americans but more so by Polymarket bettors. One investor bet $7k on a decrease in interest rates by 25bps. However, the odds are pointing in a different direction. According to the majority of polymarket bettors (98%), the Fed will not change the interest rates. On the other hand, […]Cryptopolitan
Tue, May 6
Other
Iran-born engineer denied bail ahead of US trial tied to drone strike
By Nate Raymond BOSTON, May 6 (Reuters) - A U.S. judge declined on Tuesday to allow an Iranian-born engineer to be released on bail while he awaits trial on charges related to a deadly drone attack on a U.S. military base in Jordan carried out by Iran-backed militants last year.U.S. District Judg...Reuters
Tue, May 6
Other
Canada's Suncor reports first-quarter profit beat
May 6 (Reuters) - Canadian oil producer Suncor Energy SU.TO reported first-quarter profit above analysts' expectations on Tuesday, as it benefited from higher refined product sales volumes.The company reported an adjusted profit of C$1.31 ($0.9509) per share for the quarter, compared with analys...Reuters
Tue, May 6
Other
Jack Henry's third-quarter profit rises on strong fintech demand
May 6 (Reuters) - Jack Henry & Associates JKHY.O posted about a 28% rise in third-quarter profit on Tuesday, helped by strong demand for the financial technology company's products and services.The Monett, Missouri-based company offers a range of services from payment processing to business ...Reuters
Tue, May 6
Economic Indicator
Carney stresses Canada will never be for sale in first meeting with Trump
Carney, Trump show little animosity in Oval Office meetingCarney says leaders' lunch was constructiveCanada is second-largest US trading partner after MexicoCarney says he asked Trump to stop referring to Canada as the 51st stateBy David Ljunggren and Steve Holland WASHINGTON, May 6 (Reuters)...Reuters
Tue, May 6
Other
Beauty Health Co expected to post a loss of 13 cents a share - Earnings Preview
Beauty Health Co SKIN.OQ SKIN.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Long Beach California-based company is expected to report a 21.6% decrease in revenue to $63.806 million from $81.4 million a year ago, according ...Reuters
Tue, May 6
Other
US SEC's new chief says 15% of staff have left, contract cuts to come, sources say
By Chris Prentice and Douglas Gillison WASHINGTON, May 6 (Reuters) - The new head of the U.S. Securities and Exchange Commission told staff on Tuesday the agency has lost 15% of its headcount across offices and divisions and he expects to conduct a "targeted" reorganization, according to ...Reuters
Tue, May 6
Other
Nektar Therapeutics expected to post a loss of 16 cents a share - Earnings Preview
Nektar Therapeutics NKTR.OQ NKTR.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The San Francisco California-based company is expected to report a 29.0% decrease in revenue to $15.357 million from $21.64 million a year ago, acc...Reuters
Tue, May 6
Stocks
Why Gray Media Stock Slumped by Nearly 3% Today
An analyst's price-target cut was the news dinging Gray Media (NYSE: GTN) stock on the second trading day of the week. Even though that reduction wasn't dramatic, it nevertheless affected sentiment on Gray, and its share price dipped by almost 3%. That was a steeper fall than the S&P 500 index's 0.8...The Motley Fool
Tue, May 6
Other
Skye Bioscience Inc expected to post a loss of 29 cents a share - Earnings Preview
Skye Bioscience Inc SKYE.OQ SKYE.O is expected to show no change in quarterly revenue when it reports results on May 8 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Skye Bioscience Inc is for a loss of 29 cents per share. The current average analyst rating on ...Reuters
Tue, May 6
