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White House removes NTSB vice chair
By David Shepardson WASHINGTON, May 6 (Reuters) - The White House on Monday removed the vice chair of the National Transportation Safety Board, the latest in a series of dismissals by President Donald Trump from independent U.S. government agencies. Alvin Brown, a Democrat who was the first-e...Reuters
Tue, May 6
Other
Talen Energy Corp expected to post earnings of $1.19 a share - Earnings Preview
Talen Energy Corp TLN.OQ TLN.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Houston Texas-based company is expected to report a 3.0% decrease in revenue to $493.643 million from $509 million a year ago, according to the mea...Reuters
Tue, May 6
Economic Indicator
EUR/GBP slumps to near 0.8460 as Pound Sterling outperforms across the board
The EUR/GBP pair falls sharply to near 0.8460 during North American trading hours on Tuesday, the lowest level seen in a month. The pair slumps as the Pound Sterling (GBP) outperforms its peers in a risk-off market sentiment.
Fxstreet
Tue, May 6
Other
Stagwell Inc expected to post earnings of 15 cents a share - Earnings Preview
Stagwell Inc STGW.OQ STGW.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The New York City-based company is expected to report a 0.8% decrease in revenue to $664.404 million from $670.06 million a year ago, according to the mea...Reuters
Tue, May 6
Stocks
LIVE MARKETS-US stocks pull in their horns as Fed meeting kicks off
Main US indexes red; Nasdaq off most, down ~0.8%Healthcare weakest S&P 500 sector; Utilities lead gainersEuro STOXX 600 index off ~0.2%Dollar down; bitcoin dips; gold up >1.5%; crude up >3.5%US 10-Year Treasury yield edges up to ~4.36%Welcome to the home for real-time coverage of markets b...Reuters
Tue, May 6
Commodities
EUROPE GAS-Prices hit 1-week high on tight supply, EU's Russian gas ban plans
May 6 (Reuters) - Dutch and British wholesale gas prices rose more than 6% on Tuesday hitting their highest levels since in a week, as unplanned outages and European plans to phase out Russian gas supplies supported sentiment.The benchmark Dutch front-month contract TRNLTTFMc1 was up by 2.18 euros, ...Reuters
Tue, May 6
Stocks
DoorDash: Strong Growth, Big Deals
Here's our initial take on DoorDash's (NASDAQ: DASH) financial report.Key MetricsMetricQ1 2024Q1 2025Changevs. ExpectationsRevenue$2.51 billion$3.03 billion21%MissedEarnings per share($0.06)$0.44n/aBeatTotal orders620 million732 million18%n/aGross order value$19.2 billion$23.1 billion20%n/aDoorDash ...The Motley Fool
Tue, May 6
Stocks
Should You Buy Wayfair Stock Amid Rising Tariffs?
Wayfair (NYSE: W) sources a significant percentage of its products from China, which faces a massive tariff increase.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of...The Motley Fool
Tue, May 6
Stocks
3 Growth Stocks With Incredible Upside Potential
Wall Street has seen dramatic volatility in 2025, affected by high inflation across several major economies, escalating U.S.-China trade wars, and rising geopolitical tensions. While the U.S. equity market has somewhat stabilized, investors remain concerned about the Federal Reserve's hawkish tone a...The Motley Fool
Tue, May 6
Other
Berry Corporation (Bry) expected to post earnings of 9 cents a share - Earnings Preview
Berry Corporation (Bry) BRY.OQ BRY.O is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Dallas Texas-based company is expected to report a 30.4% increase in revenue to $171 million from $131.11 million a year ago, according to th...Reuters
Tue, May 6
Other
MDU Resources Group Inc expected to post earnings of 36 cents a share - Earnings Preview
MDU Resources Group Inc MDU.N, MDU is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Bismarck North Dakota-based company is expected to report a 46.2% decrease in revenue to $653.135 million from $1.21 billion a year ago, accord...Reuters
Tue, May 6
Other
Veru Inc expected to post a loss of 6 cents a share - Earnings Preview
Veru Inc VERU.OQ VERU.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Miami Florida-based company is expected to report a 86.0% decrease in revenue to $580 thousand from $4.14 million a year ago, according to the mean estima...Reuters
Tue, May 6
Other
Scansource Inc expected to post earnings of 78 cents a share - Earnings Preview
Scansource Inc SCSC.OQ SCSC.O is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Greenville South Carolina-based company is expected to report a 7.5% increase in revenue to $809.107 million from $752.6 million a year ago, accordi...Reuters
Tue, May 6
Other
Deals of the day-Mergers and acquisitions
May 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday: ** Industrial tools maker AMETEK will acquire FARO Technologies at an enterprise value of about $920 million, the two companies said, s...Reuters
Tue, May 6
Other
Neurogene Inc expected to post a loss of $1.06 a share - Earnings Preview
Neurogene Inc NGNE.OQ NGNE.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 Neurogene Inc is for a loss of $1.06 per share. The current average analyst rating on the shares is &...Reuters
Tue, May 6
Economic Indicator
Russia's oil price in roubles at two-year low, 40% below budgeted level, data shows
Average oil price dips below 4,000 roubles per barrelGlobal oil prices fall on tariffs war, OPEC+ output hikeRussia ups deficit estimate, cuts energy revenue forecastTrump: With lower oil, Putin is more eager to settle warKremlin: Oil price crucial, but national interests come first MOSCOW, May 6...Reuters
Tue, May 6
Other
Restaurant Brands International Inc expected to post earnings of 79 cents a share - Earnings Preview
Restaurant Brands International Inc QSR.N, QSR is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Toronto Ontario-based company is expected to report a 23.8% increase in revenue to $2.153 billion from $1.74 billion a year ago, ac...Reuters
Tue, May 6
Stocks
CANADA STOCKS-TSX opens flat after fresh Trump tariffs; Fed meet in focus
May 6 (Reuters) - Canada's main stock index opened subdued on Tuesday, as renewed tariff threats from U.S. President Donald Trump dampened investor sentiment ahead of the Federal Reserve's monetary policy decision meeting.At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exchange's S&P/T...Reuters
Tue, May 6
Other
Kiora Pharmaceuticals Inc expected to post a loss of 67 cents a share - Earnings Preview
Kiora Pharmaceuticals Inc KPRX.OQ KPRX.O is expected to show a fall in quarterly revenue when it reports results on May 8 (estimated) for the period ending March 31 2025The Encinitas California-based company is expected to report a 95.3% decrease in revenue to $750 thousand from $16 million a year...Reuters
Tue, May 6
