News
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Commodities
METALS-Copper rises on US-China dialogue hopes
SHANGHAI, May 6 (Reuters) - Copper prices edged higher on Tuesday, buoyed by signs of U.S.-China trade talks and despite U.S. Treasury Secretary Scott Bessent's defense of President Trump's tariffs.Benchmark copper CMCU3 on the London Metal Exchange (LME) was up 0.8% to $9,441 a metric ton a...Reuters
Tue, May 6
Stocks
Negative net leasing drags Castellum shares down
** Shares in Castellum CAST.ST slide 7% to nearly bottom of STOXX index .STOXX after the landlord posted weaker-than-expected Q1 results ** Handelsbanken analyst Johan Edberg point out that Castellum's result from property management of SEK 1.06 billion ($109.9 million) for the quarter missed...Reuters
Tue, May 6
Cryptocurrencies
XRP Price Rally Stalls, Investors Moving Into An Emerging Competitor Dubbed ‘XRP 2.0’
XRP’s extended price appreciation has bogged down, with the token trading at almost $2.20 despite bullish judicial tailwinds and building institutional appetite. While Ripple still reigns supreme over cross-border payments, investors eager for more thrilling returns are turning eyes to a new DeFi token gaining notoriety as “XRP 2.0.” With faster adoption potential and ambitious […]Cryptopolitan
Tue, May 6
Other
China says it would welcome visit by top EU leaders at an appropriate time
BEIJING, May 6 (Reuters) - China would welcome visits by European Council President Antonio Costa and European Commission President Ursula von der Leyen at an appropriate time to jointly hold a new round of China-EU leaders' meetings, a Chinese foreign ministry spokesperson told a regular press ...Reuters
Tue, May 6
Other
MediciNova Inc expected to post a loss of 14 cents a share - Earnings Preview
MediciNova Inc MNOV.OQ MNOV.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 MediciNova Inc is for a loss of 14 cents per share. The current average analyst rating on the shares...Reuters
Tue, May 6
Other
Vietjet forms joint venture with Qazaq Air, will operate Boeing 737 jets
HANOI, May 6 (Reuters) - Vietnamese budget airline Vietjet said on Tuesday it had bought a strategic stake in Kazakhstan's Qazaq Air to form a joint venture that will operate a fleet of at least 20 Boeing 737 aircraft.Vietjet said the joint venture, Vietjet Qazaqstan, was part of its internation...Reuters
Tue, May 6
Stocks
My 3 Favorite Stocks to Buy Right Now
Veteran investors know that the market's recent weakness is more of an opportunity than an omen. Sure, stocks may not have hit their ultimate bottom just yet. They're arguably closer to it than not, though. And five years from now, you won't care if you stepped in at the exact low. You'll just be gl...The Motley Fool
Tue, May 6
Technical Analysis
Ripple Price Prediction: XRP downside risks persist as Ripple sunsets eight-year quarterly report
Ripple (XRP) price is in a slow pullback, trading at $2.11 at the time of writing on Tuesday. Recovery has remained elusive above immediate hurdles, such as the extended descending trendline from January.
Fxstreet
Tue, May 6
Other
Bavarian Nordic Wins Contract Options In US For Freeze-dried Smallpox/Mpox Vaccines
May 6 (Reuters) - Bavarian Nordic A/S BAVA.CO:AWARDED CONTRACT OPTIONS FROM THE U.S. GOVERNMENT FOR PRODUCTION AND SUPPLY OF FREEZE-DRIED SMALLPOX/MPOX VACCINESEXERCISED OPTIONS TOTAL USD 143.6 MILLIONSECURES MANUFACTURING AND SUPPLY OF FREEZE-DRIED JYNNEOS® TO U.S. IN 2026FINANCIAL GUIDANCE FOR 202...Reuters
Tue, May 6
Stocks
UK's Anglo American falls after Peabody says may scrap deal to buy some coal assets
** Shares of Anglo American AAL.L down 1.5% at 2103.5 pence** Stock top loser on FTSE 100 index .FTSE ** Peabody Energy BTU.N says may terminate deal to buy Anglo's Australian steelmaking coal assets due to issues at Moranbah North mine** Anglo says does not believe mine stoppage constitutes a M...Reuters
Tue, May 6
Other
Arcapita Acquires A Majority Stake In Trustpoint
May 6 (Reuters) - ARCAPITA GROUP HOLDINGS LIMITED (ARCAPITA):EXPANDS US PRIVATE EQUITY PORTFOLIO WITH THE ACQUISITION OF TRUSTPOINTCOMPLETES ACQUISITION OF A MAJORITY STAKE IN TRUSTPOINT.ONE (TRUSTPOINT), A LEADING PROVIDER OF TECH-ENABLED LEGAL SERVICES TO LAW FIRMS AND CORPORATE CLIENTS IN THE UNI...Reuters
Tue, May 6
Commodities
Uniper aims to build 2 GW of gas-fired power plants in Germany
FRANKFURT, May 6 (Reuters) - Uniper UN0k.DE may build around 2 gigawatts (GW) of gas-fired power plants under German plans to build around 20 GW of capacity in a push to safeguard supply security, the group's finance chief Jutta Doenges said on Tuesday.Reuters
Tue, May 6
Stocks
Deliveroo rises on $3.9 billion takeover deal with Doordash
** Shares of British meal delivery firm Deliveroo ROO.L up 2%, hitting an over 3-year high of 175.6 pence** Under deal, Doordash will buyout ROO for 180 pence per share or a total value of 2.9 billion pounds ($3.86 billion)** DoorDash says financial terms of the deal are final but reserved the right...Reuters
Tue, May 6
Stocks
We Just Witnessed the S&P 500 Do Something for Only the 14th Time Since 1988 -- and This Event Has an 85% Success Rate of Forecasting Future Stock Returns
Though there are a number of ways to grow your wealth, including buying real estate, purchasing commodities, or tucking your money into a Treasury bond, none of these other asset classes has come remotely close to matching the annualized return of stocks over the last century.While stocks are known ...The Motley Fool
Tue, May 6
Cryptocurrencies
Ripple says XRP reports will look different moving forward, avoiding an SEC repeat-case scenario
Ripple CEO Brad Garlinghouse announced late Monday that the company will end its quarterly XRP Markets Report updates after Q2 2025. The CEO wants Ripple Labs to improve its transparency following the end of a prolonged legal battle with the US Securities and Exchange Commission (SEC). Garlinghouse made the announcement via a post on social […]Cryptopolitan
Tue, May 6
