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Stocks
Zalando beats first-quarter sales forecast despite 'cautious' consumers
Zalando revenue up 7.9%, GMV up 6.5% in Q1Zalando confirms guidance despite 'fast-changing' environmentTikTok Shop starts using ZEOS logistics service in EuropeBy Helen Reid LONDON, May 6 (Reuters) - European online fashion retailer Zalando ZALG.DE reported first-quarter revenue that was ...Reuters
Tue, May 6
Forex
ANALYSIS-'Asian crisis in reverse' as currencies soar on the dollar
Taiwan dollar rockets to record gainsSing dollar near decade high, ringgit, yuan, baht and won rise'Asian demand for dollars is waning' - analystBy Rae Wee and Samuel Shen SINGAPORE/SHANGHAI, May 6 (Reuters) - A wave of dollar selling in Asia is an ominous sign for the greenback as th...Reuters
Tue, May 6
Stocks
5 Reasons to Buy Realty Income Stock Like There's No Tomorrow
Over the past few months, the Trump Administration's unpredictable tariffs, the intensifying trade wars, and fears of a global recession drove many investors away from higher-risk stocks. Elevated interest rates also kept them locked into certificates of deposits (CDs), T-bills, and bonds.In this ki...The Motley Fool
Tue, May 6
Economic Indicator
US Dollar Index falls to near 99.50 as 2-year Treasury yield drops over half a percent
The US Dollar Index (DXY), which measures the US Dollar (USD) against a basket of six major currencies, is depreciating after registering gains in the previous session, trading near 99.60 during the European hours on Tuesday.Fxstreet
Tue, May 6
Forex
EUR/USD moves slightly higher as US Dollar trades cautiously ahead of Fed policy decision
EUR/USD ticks up to near 1.1350 in Tuesday’s European session. The major currency pair edges higher as the US Dollar (USD) trades cautiously, with investors focusing on the Federal Reserve’s (Fed) interest rate decision, which will be announced on Wednesday.
Fxstreet
Tue, May 6
Other
Chemical maker Covestro cuts 2025 profit forecast, plans more local production
Narrows 2025 EBITDA forecast to 1-1.4 billion eurosImplements regional production strategy amid US tariff threatCFO cites high transport costs, plans investments in Asia, USBy Patricia Weiss and Bartosz Dabrowski May 6 (Reuters) - Germany's Covestro 1COV.DE on Tuesday cut its 2025 core profit...Reuters
Tue, May 6
Stocks
Indian pharma stocks drop 1% after Trump signs order to boost US drug manufacturing
** Indian pharma stocks .NIPHARM down 1%** Sixteen stocks in 20-member Nifty Pharma index trade in the red** U.S. President Donald Trump signed executive order overnight aiming to reduce time taken to approve pharmaceutical plants in the country** Move meant to boost local drug manufacturing in U.S....Reuters
Tue, May 6
Stocks
Prediction: The Block Sell-Off Is a Buying Opportunity
Block (NYSE: XYZ) got blocked by a number of potential investors after the fintech company's first-quarter earnings disappointed the market. The stock is now trading down more than 46% on the year as of this writing, following its recent sell-off.While best known for its original Square business, it...The Motley Fool
Tue, May 6
Stocks
Got $1,000? 2 Top Growth Stocks to Buy That Could Double Your Money
The concerns around tariffs and the impact on the economy triggered a sharp sell-off for stocks recently. But this uncertainty hasn't seemed to slow the momentum for the artificial intelligence (AI) market. Top companies enabling the AI era are still in position to deliver significant returns for in...The Motley Fool
Tue, May 6
Stocks
3 Top Dividend Stocks to Buy in May
Despite the volatility in the broader stock market, the S&P 500 index (SNPINDEX: ^GSPC) is still offering investors a tiny dividend yield of just 1.3%. You can do much better than that with companies like NextEra Energy (NYSE: NEE), Chevron (NYSE: CVX), and Enbridge (NYSE: ENB), which offer yields a...The Motley Fool
Tue, May 6
Other
Merz fails to be elected chancellor by German parliament
BERLIN, May 6 (Reuters) - German conservative leader Friedrich Merz failed to garner the parliamentary majority needed to become chancellor on Tuesday in an unexpected setback for his new coalition with the centre-left Social Democrats.The lower house of parliament, or Bundestag, now has 14 days to ...Reuters
Tue, May 6
Stocks
Warren Buffett Just Sent Wall Street a $174 Billion Warning. Here's What Investors Absolutely Must Know.
Warren Buffett has led Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) for six decades, during which he turned what began as a small textile mill into a trillion-dollar conglomerate. Berkshire stock has returned 20% annually since Buffett took control in 1965, due in large part to savvy acquisitions ...The Motley Fool
Tue, May 6
Forex
Argentex secures fresh credit facility and revamps board as trading resumes
LONDON, May 6 (Reuters) - Argentex Group AGFX.L resumed trading on London's AIM on Tuesday after securing an initial six month 20 million pound ($26.57 million) revolving credit facility with IFX Payments, the UK currency risk manager said in a statement.Argentex's shares had been suspended...Reuters
Tue, May 6
Forex
Swiss National Bank ready to take rates below zero to tackle low inflation
ZURICH, May 6 (Reuters) - The Swiss National Bank is ready to intervene in the foreign currency markets and cut interest rates even below zero to prevent inflation falling below its price stability target, Chairman Martin Schlegel said on Tuesday."No one likes these negative interest rates, obvi...Reuters
Tue, May 6
Stocks
Should You Buy Airbnb Stock Before May 13?
For years, Airbnb (NASDAQ: ABNB) has been teasing the idea of expanding the business "beyond the core."The home-sharing marketplace is now set to unveil its first big initiative on that front on May 13 as the company said in its first-quarter shareholder letter that it would "go beyond places to sta...The Motley Fool
Tue, May 6
Stocks
3 Stocks That Could Be Easy Wealth Builders
Contrary to a common assumption, making big investment gains doesn't necessarily require constant monitoring of your portfolio or taking on extreme risks. Scaling back your risk and dialing back your trading activity, in fact, could actually improve your overall performance. The key is simply findin...The Motley Fool
Tue, May 6
Stocks
Indian pharma stocks drop 1% after Trump signs order to boost U.S. drug manufacturing
** Indian pharma stocks .NIPHARM down 1.14%** Eighteen stocks in 20-member Nifty Pharma index trade in the red** U.S. President Donald Trump signed executive order overnight aiming to reduce time taken to approve pharmaceutical plants in the country** Move meant to boost local drug manufacturing in ...Reuters
Tue, May 6
Stocks
Billionaires Are Buying a BlackRock ETF That Wall Street Analysts Say May Soar 110% in 2025
In the fourth quarter, the hedge fund billionaires listed below added to their positions in the iShares Bitcoin Trust (NASDAQ: IBIT), an exchange-traded fund (ETF) from BlackRock that tracks the spot price of Bitcoin.Israel Englander of Millennium Management bought 6.3 million shares of the spot Bit...The Motley Fool
Tue, May 6
Cryptocurrencies
SUI Breakout To $4 Imminent? Analyst Says A Correction To This Level Could Come First
SUI, one of the leading altcoins of this cycle, targets the key $4.00 barrier after its recent price surge. Amid its reclaim of key supports, an analyst suggests the cryptocurrency could retest a crucial level before its upcoming expansion. Related Reading: Avalanche Bounces Off Key Price Level: Top...NewsBTC
Tue, May 6
Cryptocurrencies
Binance Founder Proposes BNB And Bitcoin For Kyrgyzstan’s Strategic Crypto Reserve
Changpeng Zhao (CZ), the co-founder and former CEO of crypto exchange Binance, has taken on a pivotal advisory role in shaping crypto regulations and strategic reserves for various countries. This initiative has gained momentum, especially in the United States under President Donald Trump, and now e...Bitcoinist
Tue, May 6
