News
Important Only
Stocks
Vertex Pharma falls after Q1 results miss
** Shares of Vertex Pharmaceuticals VRTX.O fall 5.04% to $475 premarket** Co posted Q1 revenue of $2.77 billion, missing analyst estimates of $2.85 billion according to data compiled by LSEG** Co raised the low end of its full-year 2025 revenue forecast range to $11.85 billion from $11.75, keeping t...Reuters
Tue, May 6
Other
US puts sanctions on Myanmar warlord and militia linked to cyber scams
WASHINGTON, May 5 (Reuters) - The United States imposed sanctions on Monday on a Myanmar warlord, his two sons and the militia he leads for facilitating cyber scams, human trafficking and cross-border smuggling, the Treasury Department said.The Treasury said the warlord, Saw Chit Thu, is a central f...Reuters
Tue, May 6
Stocks
Prediction: Amazon Stock Will Be a Long-Term Winner Despite Economic and Tariff Uncertainty
Ahead of Amazon's (NASDAQ: AMZN) first-quarter earnings report, there was certainly some angst among investors. This was understandable, as both tariffs and a weaker economy could negatively impact the company's e-commerce operations.Ahead of its report, one Wall Street analyst said that Amazon woul...The Motley Fool
Tue, May 6
Other
Marriott cuts 2025 revenue outlook as travel demand slows
May 6 (Reuters) - Hotel operator Marriott International MAR.O trimmed its 2025 room revenue forecast on Tuesday, as it braces for slowing travel demand in the U.S. amid tariffs-induced fears of an economic recession. The company expects 2025 room revenue growth of 1.5% to 3.5%, compared with 2% to 4...Reuters
Tue, May 6
Other
Alchemab Therapeutics Signs Landmark $415M Licensing Agreement For ATLX-1282 With Eli Lilly And Company
May 6 (Reuters) - Eli Lilly and Co LLY.N:ALCHEMAB THERAPEUTICS SIGNS LANDMARK $415M LICENSING AGREEMENT FOR ATLX-1282 WITH ELI LILLY AND COMPANYALCHEMAB THERAPEUTICS: AGREEMENT WITH LILLY TO LICENSE ATLX-1282Reuters
Tue, May 6
Stocks
GLOBAL MARKETS-Stocks turn lower on lack of trade progress, German politics
Stocks fall ahead of Wednesday's Fed policy decision Germany's Merz unexpectedly fails to be elected chancellorInvestors await trade deals between US and partnersAsian FX in the spotlight after Taiwan dollar's surge By Samuel Indyk and Ankur Banerjee LONDON, May 6 (Reuters) - Global s...Reuters
Tue, May 6
Other
Pony AI Inc. And Uber Announce Strategic Partnership To Advance Autonomous Mobility
May 6 (Reuters) - Pony AI Inc PONY.O:PONY AI INC. AND UBER ANNOUNCE STRATEGIC PARTNERSHIP TO ADVANCE AUTONOMOUS MOBILITYPONY AI INC - STRATEGIC PARTNERSHIP TO DEPLOY PONY.AI'S ROBOTAXIS ONTO UBER PLATFORMPONY AI INC - PARTNERSHIP EXPECTED TO FIRST LAUNCH IN IN MIDDLE EAST LATER THIS YEARReuters
Tue, May 6
Other
Tidewater Renewables Canadian International Trade Tribunal Terminated Prelim Injury Inquiry For Anti-Subsidy, Anti-Dumping Duty Complaint
May 6 (Reuters) - Tidewater Renewables Ltd LCFS.TO:TIDEWATER RENEWABLES: CANADIAN INTERNATIONAL TRADE TRIBUNAL TERMINATED PRELIM INJURY INQUIRY FOR ANTI-SUBSIDY, ANTI-DUMPING DUTY COMPLAINTTIDEWATER RENEWABLES: COMPLAINT RELATED TO IMPORTS OF RENEWABLE DIESEL FROM UNITED STATESTIDEWATER RENEWABLES L...Reuters
Tue, May 6
Stocks
London stocks edge down amid ongoing tariff concerns
FTSE 100 down 0.2%, FTSE 250 fell 0.1% May 6 (Reuters) - British stocks edged lower on Tuesday, after a holiday closure on Monday, due to lingering tariff concerns and their economic impact, with attention shifting to upcoming Bank of England and U.S. Federal Reserve policy decisions.By 1019 GMT,...Reuters
Tue, May 6
Commodities
ADM reports first-quarter profit beat
May 6 (Reuters) - Grain trader Archer-Daniels-Midland ADM.N on Tuesday beat Wall Street expectations for first-quarter profit, helped by robust performance in its nutrition segment.The Chicago-based company posted an adjusted profit of 70 cents per share for the three months ended March 31, compared...Reuters
Tue, May 6
Commodities
GRAINS-Corn firms; soy stays subdued with weather, trade talks in focus
PARIS/BEIJING, May 6 (Reuters) - Chicago corn futures edged up on Tuesday after hitting a one-month low in the previous session, while wheat steadied, although the cereals remained curbed by favourable U.S. crop conditions and worries over international trade tensions. Soybeans eased for a seco...Reuters
Tue, May 6
Other
India panel to review copyright law amid legal challenges to OpenAI
By Arpan Chaturvedi NEW DELHI, May 6 (Reuters) - India has set up a panel to review if existing copyright law is sufficient to tackle AI-related disputes, an official memo showed, at a time when OpenAI faces legal challenges stemming from accusations of exploiting copyrighted material.A case in ...Reuters
Tue, May 6
Other
Global Self Storage Inc expected to post a share - Earnings Preview
Global Self Storage Inc SELF.OQ SELF.O is expected to report resultson May 8 (estimated) for the period ending March 31 2025The Millbrook New York-based company is expected to report revenue of $3.152 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst e...Reuters
Tue, May 6
Stocks
Insurer Lemonade jumps after raising annual forecasts
** Insurer Lemonade's LMND.N shares jump 11.7% to $33.51 before the bell** LMND raises its expectations for 2025 gross earned premium and revenue ** Co also reiterates forecast for positive adjusted free cash flow in 2025 despite hit from California wildfires** In its shareholder letter, LMND sa...Reuters
Tue, May 6
Cryptocurrencies
Breaking Down The New US Crypto Market Structure Bill Draft: 6 Key Insights
In line with US President Donald Trump’s regulatory agenda aimed at fostering innovation and broader adoption of cryptocurrencies in the country, Fox journalist Eleanor Terret has reported that a new market structure discussion draft from the House of Representatives aims to clarify the treatm...Bitcoinist
Tue, May 6
Other
Leidos beats quarterly estimates on robust weaponry demand
May 6 (Reuters) - Defense contractor Leidos Holdings LDOS.N on Tuesday beat Wall Street estimates for first-quarter profit and revenue, helped by the robust demand for weapon systems.Rising geopolitical tensions around the world and expectations of a higher U.S. defense budget under President Donald...Reuters
Tue, May 6
Cryptocurrencies
Positive Bitcoin Forecast: Expert Anticipates BTC Will Not Dip Below $100K Next Year
As Bitcoin (BTC) inches closer to the coveted $100,000 mark, optimism in the broader cryptocurrency market is palpable. Following a recovery that saw Bitcoin rise to approximately $97,800 last week, it has since retraced to around $94,340, reflecting a slight 0.4% decrease over the last 24 hours, ac...NewsBTC
Tue, May 6
Stocks
Is Intuitive Machines Stock a Buy Now?
The current market downturn may have some investors running for the safety of conservative stock picks. Others, however, recognize today as a great time to pick up out-of-this-world growth stocks at a discount. Intuitive Machines (NASDAQ: LUNR), for example, fits the bill perfectly. After rocketing ...The Motley Fool
Tue, May 6
