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SpaceX gets FAA approval to ramp up Starship launches in Texas
WASHINGTON, May 6 (Reuters) - The U.S. Federal Aviation Administration on Tuesday said SpaceX's proposal to increase the annual number of Starship launches from Texas to 25 would not have a major impact on the surrounding environment, green-lighting the company's expansion in the region.Reuters
Tue, May 6
Indices
Dow Jones Industrial Average slips 300 points as markets await Fed and trade updates
The Dow Jones Industrial Average (DJIA) followed the broader stock market lower on Tuesday, with equities taking a soft hit ahead of the Federal Reserve’s (Fed) upcoming rate call on Wednesday.Fxstreet
Tue, May 6
Stocks
Gold miners gain as safe-haven demand lifts bullion prices to 2-week peak
** Shares of gold miners gain, tracking rise in bullion prices GOL/** Spot gold XAU= up 1.9% at $3,395.94/ounce, after hitting its highest since April 22 earlier in the session** Gold prices rise supported by post-holiday buying from China and concerns over potential U.S. tariffs on pharmaceutical i...Reuters
Tue, May 6
Other
Diamondback Energy Expects Q2 Oil Production Between 866 – 900 Mboepd
May 6 (Reuters) - Diamondback Energy Inc FANG.O:DIAMONDBACK ENERGY EXPECTS Q2 OIL PRODUCTION BETWEEN 866 – 900 MBOEPDDIAMONDBACK EXPECTS 2026 PRODUCTION GROWTH IF PRICES HIT $65-$70, WITH LOWER OPEC SPARE CAPACITYDIAMONDBACK SAYS NO PRESSURE TO SELL ASSETS; CAN BE PATIENT AMID DOWN CYCLEDIAMONDBACK ...Reuters
Tue, May 6
Stocks
EVgo jumps on upbeat 2025 revenue forecast, Q1 revenue beat
** Shares of electric-vehicle charging company EVgo EVGO.O rise 33% to $3.7 ** Co reports Q1 revenue of $75.29 million vs estimate of $71.23 million - as per LSEG data** Posts adj net loss of 9 cents per share in Q1, in line with analysts' estimates** EVGO expects 2025 revenue in the range of $...Reuters
Tue, May 6
Stocks
Why SolarEdge Technologies Stock Is Shining Today
Shares of SolarEdge Technologies (NASDAQ: SEDG) caught a welcome ray of sunlight on Tuesday. The stock jumped as much as 20.3% higher in the morning session, backing down to a still-impressive gain of 16% at noon ET today. The maker of power management systems used in solar power installations crush...The Motley Fool
Tue, May 6
Other
Amazon's robotaxi unit Zoox recalls vehicles after self-driving Las Vegas crash
WASHINGTON, May 6 (Reuters) - Amazon.com's AMZN.O self-driving unit Zoox agreed to recall 270 driverless vehicles after an unoccupied robotaxi was involved in an April 8 crash with a passenger car in Las Vegas.Zoox said there were no injuries in the crash involving a Zoox robotaxi and a passenge...Reuters
Tue, May 6
Commodities
Mexico's Pemex sees 2025 crude goal short of government's goal
MEXICO CITY, May 6 (Reuters) - Mexican state oil firm Pemex said its average crude production goal in 2025 is 1.58 million barrels per day (bpd), according to a filing to the U.S. Securities and Exchange Commission.The figure, from a company filing dated April 29 but published by Pemex this week, is...Reuters
Tue, May 6
Other
Trump administration urges court to prevent release of pro-Palestinian students
Court hears cases concerning Rumeysa Ozturk and Mohsen Mahdawi Judge ordered Ozturk transferred to Vermont for Friday bail hearingTrump administration seeks to re-detain MahdawiBy Nate Raymond May 6 (Reuters) - The Trump administration urged a U.S. appeals court on Tuesday to allow immigration au...Reuters
Tue, May 6
Stocks
LIVE MARKETS-BofA private clients on a record buying streak
Main US indexes red; Nasdaq down ~0.7%Healthcare weakest S&P 500 sector; Utilities lead gainersDollar down; bitcoin edges up; gold up >2%; crude up >3%US 10-Year Treasury yield edges down to ~4.33%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. Yo...Reuters
Tue, May 6
Other
US FDA names oncologist Vinay Prasad as top vaccine official
May 6 (Reuters) - The US Food and Drug Administration has named Vinay Prasad, an oncologist who has previously criticized COVID-19 restrictions, as the director of its Center for Biologics Evaluation and Research, an internal email seen by Reuters said on Tuesday.The US FDA's commissioner, Marty...Reuters
Tue, May 6
Cryptocurrencies
Trump's crypto ventures cause tensions to bubble over as Democratic lawmaker scuttles key hearing
House panels were due to discuss crypto billRepresentative Maxine Waters objected due to concerns about Trump venturesTrump has touted a meme coin, family crypto project Crypto industry has sought to portray digital asset regulation as a bipartisan issueBy Hannah Lang May 6 (Reuters) - Tensions o...Reuters
Tue, May 6
Stocks
Biomea Fusion Inc reports results for the quarter ended March 31 - Earnings Summary
Biomea Fusion Inc BMEA.OQ reported a quarterly adjusted loss of 80 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.09. The mean expectation of five analysts for the quarter was for a loss of 61 cents per share. Wall Stre...Reuters
Tue, May 6
Other
Qatar Airways set to order about 100 widebody jets from Boeing, Bloomberg News reports
May 6 (Reuters) - Qatar Airways is finalizing a deal to buy around 100 widebody jets from Boeing BA.N, with an option to buy as many more, Bloomberg News reported on Tuesday, citing people familiar with the matter.The deal is expected to be announced during U.S. President Donald Trump's Middle E...Reuters
Tue, May 6
Stocks
Why Plug Power Stock Plunged Another 35% in April
The stock of Plug Power (NASDAQ: PLUG) has been an absolute disaster in 2025 so far: It has fallen for four straight months now. April was a wild ride, with the hydrogen-power stock plunging 35.4%, according to data provided by S&P Global Market Intelligence. At one point in trading on April 28, tho...The Motley Fool
Tue, May 6
Other
BREAKINGVIEWS-Dealmakers dance a Trump tango at Predators’ Ball
By Stephen GandelBEVERLY HILLS, May 6 (Reuters Breakingviews) - When the price of admission is $25,000, it’s easier to look on the bright side. At the annual Beverly Hills gathering of grandees hosted by Michael Milken, the onetime junk bond king, financiers expressed bold notes of optimism despite ...Reuters
Tue, May 6
