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REFILE-Democratic-led states sue to prevent Trump from gutting health agencies
May 5 (Reuters) - A group of Democratic-led states filed a lawsuit on Monday to challenge the Trump administration's decision to gut the U.S. Department of Health and Human Services by firing 10,000 of its employees and shuttering entire agencies within the department.Attorneys general from 19 s...Reuters
Mon, May 5
Stocks
2 Top Growth Stocks to Buy and Hold Forever
Selecting stocks to buy and hold for a lifetime will naturally lead investors to focus on the best companies in the world. With all the uncertainty swirling around the markets and economy this year, this is more relevant than ever.Some of the best companies to invest in are ones that sell a service ...The Motley Fool
Mon, May 5
Stocks
Carlyle CEO Harvey Schwartz says actively looking for investments
May 5 (Reuters) - Harvey Schwartz, CEO of the Carlyle Group, says his firm is actively seeking opportunities to deploy some of the firm's $80 billion in free capital into new investments.Schwartz, speaking to the annual Milken Institute's global conference, said the timing of any new investm...Reuters
Mon, May 5
Stocks
Why Shares of Tesla Are Sinking Today
Shares of the electric vehicle (EV) maker Tesla (NASDAQ: TSLA) traded roughly 3.3% lower as of 12:21 p.m. ET today. Sales continued to struggle in Europe and the stock also fell, despite an analyst recommending that investors hold the name.Sales in Europe aren't improvingTesla's stock has been hit h...The Motley Fool
Mon, May 5
Stocks
The Best Company in Big Tech?
In this podcast, Motley Fool analyst Nick Sciple and host Dylan Lewis discuss:Microsoft posting double-digit growth across five segments and continuing to put capital expenditures to work on AI and the cloud.Why Microsoft is leading big tech and has the best near-term outlook for the "Magnificent Se...The Motley Fool
Mon, May 5
Other
Versus Media Holdings Files For Offering Of Minimum 21.8 & Maximum 65.5 Class A Ordinary Shares - SEC Filing
May 5 (Reuters) - VS Media Holdings Ltd VSME.O:VERSUS MEDIA HOLDINGS LTD: FILES FOR OFFERING OF MINIMUM 21.8 AND MAXIMUM 65.5 CLASS A ORDINARY SHARES - SEC FILINGSource text: [ID:n0001641172-25-008650]Reuters
Mon, May 5
Stocks
Onsemi falls after Q1 revenue declines as end-market demand remains weak
** Chipmaker Onsemi's ON.O shares reverse premarket gains to fall 8.7% to $38.28 in afternoon trading ** Co's Q1 rev falls ~22% from a year earlier to $1.45 bln, but exceeds analysts' average estimate $1.40 bln, according to data compiled by LSEG** Morningstar says Onsemi remains in t...Reuters
Mon, May 5
Economic Indicator
WRAPUP 1-US services sector expands with hints of rising price pressures
Services sector PMI increases 0.8 point to 51.6 in AprilPrices paid index highest since January 2023; orders riseTariffs, government funding cuts worrisome for businesses By Lucia Mutikani WASHINGTON, May 5 (Reuters) - The U.S. services sector's growth picked up in April, while a measure of p...Reuters
Mon, May 5
Other
Romania PM resigns after far-right wins first-round of president vote
Far-right leader Simion won first-roundHe will face centrist mayor in May 18 run-offRomanian local debt yields jump, eurobond prices fall By Luiza Ilie and Elizaveta Gladun BUCHAREST, May 5 (Reuters) - Romanian Prime Minister Marcel Ciolacu resigned on Monday, a day after a far-right oppositi...Reuters
Mon, May 5
Other
Allies seek deal on more Patriots for Kyiv before NATO summit, source says
Ukraine desperate to get more PatriotsU.S. officials say plan to provide systems came under BidenZelenskiy said he and Trump discussed missile defenseBy Sabine Siebold BERLIN, May 5 (Reuters) - Ukraine's Western allies are in discussions about supplying additional Patriot air defence systems ...Reuters
Mon, May 5
Other
Citigroup CEO Says Put $800 Million Into The Apollo Vehicle With Which We Had A $25 Billion Private Credit Partnership - Milken Conference
May 5 (Reuters) - Citigroup Inc C.N:CITIGROUP CEO SAYS PUT $800 MILLION INTO THE APOLLO VEHICLE WITH WHICH WE HAD A $25 BILLION PRIVATE CREDIT PARTNERSHIP - MILKEN CONFERENCEReuters
Mon, May 5
Stocks
Integra tumbles after FY profit forecast trimmed
** Shares of medical equipment maker Integra Lifesciences IART.O down 27.3% at $12.25, after hitting more than 13-year low of $11.60 ** Co cuts annual adj. EPS to between $2.19 and $2.29 from previously prior view of $2.41 to $2.51 ** IART estimates tariffs to hit FY earnings by 22 cents/share ** In...Reuters
Mon, May 5
Cryptocurrencies
Dogecoin Price Ready For Next 500% Wave, Here’s The Target
The Dogecoin price, currently trading below $0.2, appears to be gearing up for an explosive move, with technical analysts eyeing a potential 500% rally in the coming months. Following a period of correction and consolidation, the chart structure suggests that a bullish breakout is on the horizon — o...Bitcoinist
Mon, May 5
Stocks
Reddit rebounds after Seaport turns bullish
** Reddit's RDDT.N shares up 3.8% at $118.21 on Mon after Seaport Research upgrades social media platform to 'buy' from 'neutral'** Seaport sets PT at $165, implying 45% upside to stock's last close** While user growth is slowing near term, RDDT continues to demonstrate stron...Reuters
Mon, May 5
Other
US flies reusable hypersonic test vehicle for second time
By Mike StoneWASHINGTON, May 5 (Reuters) - The U.S. performed a second successful test of a reusable hypersonic test vehicle in March, the Pentagon said on Monday, enabling quicker development of U.S. hypersonic capabilities.Unlike single use rockets, the reusable vehicle can be put back to work qu...Reuters
Mon, May 5
Forex
FOREX-Dollar weakens against major currencies as markets weigh tariff uncertainty
Dollar hits fresh record low against Taiwan dollarDollar trims losses slightly against yen after ISM dataFed seen on hold this week, less chance of June cut Euro, sterling gain ahead of central bank meetingsBy Chibuike Oguh NEW YORK, May 5 (Reuters) - The U.S. dollar was mostly lower against majo...Reuters
Mon, May 5
Stocks
Why United Airlines Stock Popped on Monday
A bit of litigation news is boosting share prices for United Airlines (NASDAQ: UAL) stock this morning.Over the weekend, the Chicago Sun-Times reported American Airlines Group (NASDAQ: AAL) is suing Chicago's O'Hare Airport (more precisely, the "Chicago Department of Aviation") for "prematurely reor...The Motley Fool
Mon, May 5
