News
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Stocks
Palantir Investors Just Got Spectacular News From CEO Alex Karp
After an unrelenting run that spanned more than two years and resulted in stock price gains of more than 1,000%, Palantir Technologies (NASDAQ: PLTR) is taking a well-deserved breather. The company got its start designing artificial intelligence (AI) solutions for the U.S. defense and intelligence i...The Motley Fool
Tue, May 6
Economic Indicator
Chinese travellers spend 8% more over May Day holiday than a year ago
BEIJING, May 6 (Reuters) - Chinese travellers spent 180.27 billion yuan ($24.92 billion) during the May Day holiday, one of China's longest breaks, a rise of 8% from last year, government data showed on Tuesday.Spending over the five-day holiday, which ended on Monday, is an important marker of ...Reuters
Tue, May 6
Other
US appeals court rejects Trump bid to revoke thousands of migrants' status
1st Circuit rejects Trump administration request for stayLower-court judge halted decision to cut short parole for thousands of migrantsMigrants hailed from Cuba, Haiti, Nicaragua and VenezuelaBy Nate Raymond BOSTON, May 5 (Reuters) - A federal appeals court rejected on Monday a request by U.S. P...Reuters
Tue, May 6
Stocks
BREAKINGVIEWS-China’s economy sails into dense trade war fog
By Hudson Lockett HONG KONG, May 6 (Reuters Breakingviews) - Donald Trump is not alone in his capacity to ignore reality: last week, Zhao Chenxin, vice chair of the National Development and Reform Commission, said Beijing was “fully confident” in hitting its yearly growth target of about 5%. That...Reuters
Tue, May 6
Other
Explosions heard in Sudanese city of Port Sudan, Reuters witness reports
May 6 (Reuters) - Explosions were heard in the Sudanese city of Port Sudan early on Tuesday, a Reuters witness reported, adding that the reason and the exact place of the explosions were unclear.During the ongoing civil war in Sudan, Port Sudan has become home to the country's primary airport, a...Reuters
Tue, May 6
Other
US judge orders North Carolina to certify Democrat winner of court election
Federal judge orders results certified in North Carolina Supreme Court raceDemocrats accused Republican candidate of seeking to overturn electionBy Nate Raymond May 5 (Reuters) - A federal judge ordered North Carolina's election board on Monday to not throw out any ballots cast by voters in N...Reuters
Tue, May 6
Stocks
Warren Buffett Announces Resignation as CEO! Berkshire Stock Plummets Over 5%, Sparking Market Concerns!
Warren Buffett's resignation as CEO of Berkshire Hathaway has led to a sharp drop in the company's stock price, falling over 5%, causing concerns in the market over the company’s future and outlook.TradingKey
Tue, May 6
Cryptocurrencies
Ethereum Holders Stay Committed Despite Unrealized Losses – Signs Of An Incoming Rally?
According to a recent CryptoQuant Quicktake post, Ethereum (ETH) accumulation addresses are continuing to stack ETH despite mounting unrealized losses. In the analysis, CryptoQuant contributor Carmelo Aleman noted that these addresses have increased their exposure to ETH, even as the asset trades we...NewsBTC
Tue, May 6
Economic Indicator
Chinese tourists made 314 million domestic trips over May Day holiday
BEIJING, May 6 (Reuters) - Chinese tourists made 314 million domestic trips during the five-day "May Day" holiday, according to data from the culture and tourism ministry, an annual 6.4% increase. Domestic tourists spent 180 billion yuan ($24.88 billion) over the May 1-5 break, the Ministry ...Reuters
Tue, May 6
Economic Indicator
China's services growth hits 7-month low as tariffs bite, Caixin PMI shows
Caixin PMI shows slowest new business growth since December 2022U.S. tariffs impact business sentiment, hiring plansPolicymakers urged to act amid tariff standoff effects BEIJING, May 6 (Reuters) - China's services activity expanded at the slowest pace in seven months in April, with new order...Reuters
Tue, May 6
Forex
FOREX-Dollar restrained by surge in Asian counterparts
Taiwan dollar steadies after surging at start of weekHong Kong buys $7.8 billion to maintain currency pegInvestors wary of U.S. dollar's safe-haven statusBy Rae Wee SINGAPORE, May 6 (Reuters) - The dollar struggled to make headway on Tuesday as an unprecedented two-day surge in its Taiwanese ...Reuters
Tue, May 6
Commodities
GRAINS-Chicago soybeans dip as traders track Sino-US trade talks, rising competition from Brazil
BEIJING, May 6 (Reuters) - Chicago soybean futures fell Tuesday, as traders assessed U.S.-China trade talks and rising competition from Brazil, while concerns over U.S. President Donald Trump's proposed EPA funding cuts, which could hit biofuel demand, also weighed on sentiment.Wheat declined fo...Reuters
Tue, May 6
Cryptocurrencies
XRP Price To $1,000: Analyst Reveals Target For When Banks Start Using XRP
XRP is currently finding it hard to close above $2.20 on the daily timeframe, which caused it to close its most recent weekly candlestick just below this level. Although the technicals show some sort of resistance at this zone, XRP fundamentals are still positive, and the cryptocurrency is on track ...Bitcoinist
Tue, May 6
Commodities
WTI rises above $57.50, continues recovery despite concerns over rising global supply
West Texas Intermediate (WTI) crude Oil price continues to recover during Asian trading on Tuesday, hovering around $57.60 per barrel after a nearly 2% decline on Monday. However, gains were capped by concerns over rising global supply following an OPEC+ decision to accelerate output increases.
Fxstreet
Tue, May 6
