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US FDA to convene expert panel for Capricor Therapeutics' DMD cell therapy
By Siddhi Mahatole May 5 (Reuters) - Capricor Therapeutics CAPR.O said on Monday the U.S. Food and Drug Administration (FDA) plans to convene a panel of outside experts before deciding on the company's cell therapy for a heart condition related to Duchenne muscular dystrophy (DMD).Shares of t...Reuters
Mon, May 5
Other
Brazilian investor Tanure to name one GPA board member instead of three, source says
By Luciana Magalhaes and Patricia Vilas Boas May 5 (Reuters) - An investment fund controlled by Brazilian investor Nelson Tanure is expected to appoint just one member to the board of retail chain Grupo Pao de Açucar (GPA) at a shareholder meeting on Monday, a source with knowledge of the matter ...Reuters
Mon, May 5
Stocks
Why USA Rare Earth Stock Powered 76.9% Higher in April
It's been some ride for USA Rare Earth (NASDAQ: USAR) investors so far this year. From the time it began trading on March 14, when it completed its business merger with a special purpose acquisition company (SPAC), through the end of March, the stock had plunged 68%.But USA Rare Earth stock turned t...The Motley Fool
Mon, May 5
Commodities
US Gulf oil output to reach 2.4 mln bpd even amid volatility, industry leaders say
By Marianna Parraga and Sheila DangHOUSTON, May 5 (Reuters) - The U.S. Gulf of Mexico can continue growing oil output to 2.4 million barrels per day (bpd) from the current production level of 1.8 million bpd, even amid volatility not seen in decades, as the administration of U.S. President Donald Tr...Reuters
Mon, May 5
Other
EU's Ribera says Microsoft has committed to abide by European rules
By Pietro Lombardi BARCELONA, May 5 (Reuters) - Microsoft MSFT.O Chairman Brad Smith has told the European Commission his company will abide by European rules regardless of whether it agrees with them or not, the Commission's Vice President Teresa Ribera said on Monday.In a chat with reporter...Reuters
Mon, May 5
Stocks
Why This Could Be an Extremely Volatile Week for Nvidia
In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA). To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of May 2, 2025. The video was published on May 4, 2025.Where to invest $1...The Motley Fool
Mon, May 5
Other
Apple hit with app developer class action after US judge’s contempt ruling
By Mike Scarcella May 5 (Reuters) - Apple should return hundreds of millions of dollars to developers who claim the iPhone maker defied a U.S. judge’s order governing its lucrative App Store, causing them to pay inflated commissions for more than a year, a new lawsuit said.App developer Pure Swea...Reuters
Mon, May 5
Other
GM appoints insider Duncan Aldred to lead North America business
May 5 (Reuters) - General Motors GM.N on Monday named insider Duncan Aldred the president of its North America business, effective immediately, days after the automotive manufacturer cut its 2025 profit forecast on concerns over U.S. tariffs.Aldred, who has been with GM for 33 years, was most recent...Reuters
Mon, May 5
Other
Veracity’s Insurance Canopy now offering surety bonds
By Chris MunroMay 5 - (The Insurer) - Insurance Canopy has brought a new surety bond offering to market, with the small business-focused liability specialist distributing the product through its online platform.Pleasant Grove, Utah-based Insurance Canopy, which is part of MGA platform Veracity Insur...Reuters
Mon, May 5
Stocks
US airline stocks ascend as oil prices extend recent tumble
** Shares of U.S. airlines rise amid broader market weakness early Mon as oil prices extend recent slump** Brent crude futures LCOc1 down 2.3% to $59.86 and U.S. West Texas Intermediate crude CLc1 off 2.6% to $56.80 by 10:34 am ET after OPEC+ decided over the weekend to accelerate oil output hikes ...Reuters
Mon, May 5
Stocks
Here's Why Comfort Systems Soared More Than 23% in April and Is Set to Be a Winner in Trump's Presidency
Shares in Comfort Systems USA (NYSE: FIX) soared by 23.3% in April, according to data provided by S&P Global Market Intelligence. The move comes as the company's first-quarter earnings allayed fears that its growth was set to slow and leave its valuation exposed.A winner under BidenComfort Systems i...The Motley Fool
Mon, May 5
Stocks
Why Nvidia, Microsoft, and Meta Platforms Investors Just Had an Amazing Week
In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and Meta Platforms (NASDAQ: META). To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of May 2, 20...The Motley Fool
Mon, May 5
Other
TransAlta Corp expected to post earnings of 12 cents a share - Earnings Preview
TransAlta Corp TA.TO is expected to report resultson May 7 for the period ending March 31 2025LSEG's mean analyst estimate for TransAlta Corp is for earnings of 12 cents per share. The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "...Reuters
Mon, May 5
Stocks
Sunoco to buy Parkland for $9.1 billion; shares fall
** Shares of motor fuels distributor Sunoco SUN.N falls 5% to $55.02 in morning trade ** Whereas, shares of Canadian fuel distributor Parkland PKI.TO up 7.3% at C$38.94** Company says it will acquire Canada-based Parkland PKI.TO for $9.1 billion, including debt** SUN says Parkland shareholder...Reuters
Mon, May 5
Stocks
What Super Micro, Unity Software, and Altera Labs Stock Investors Should Know About Upcoming Earnings
In today's video, I discuss what Super Micro (NASDAQ: SMCI), Unity Software (NYSE: U), and Astera Labs (NASDAQ: ALAB) stock investors should know before earnings. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-...The Motley Fool
Mon, May 5
Stocks
US STOCKS-Wall St lower after Trump's fresh tariffs at start of Fed-decision week
Indexes down: Dow 0.17%, S&P 500 0.54%, Nasdaq 0.52%Berkshire Hathaway falls after Buffett to step down as CEOUS service sector picks up in AprilSkechers jumps after $9 billion take-private dealBy Purvi Agarwal and Johann M Cherian May 5 (Reuters) - Wall Street's main indexes fell on Mond...Reuters
Mon, May 5
Other
Netanyahu says new Gaza offensive will be intensive
JERUSALEM, May 5 (Reuters) - Israeli Prime Minister Benjamin Netanyahu said on Monday that a new offensive in Gaza will be an intensive military operation aimed at defeating Hamas, but stopped short of detailing just how much of the enclave's territory would be seized. "Population will be m...Reuters
Mon, May 5
Other
CNA says US P&C rate increases accelerate to 5% in Q1 as overall loss cost trend steady at 6.5%
By David BullMay 5 - (The Insurer) – CNA CEO Doug Worman has provided detailed commentary on pricing across the carrier’s P&C book, with the overall rate increase picking up by a point to 4% and hitting its highest level in six quarters at 5% in the U.S., where said the effect of social inflatio...Reuters
Mon, May 5
Commodities
Silver Price Forecast: XAG/USD surges to near $32.60 as US Dollar weakens, Fed policy in focus
Silver price (XAG/USD) rallies to near $32.60 during North American trading hours on Monday. The white metal strengthens as the US Dollar (USD) slumps at the start of the week, with the Federal Reserve’s (Fed) monetary policy meeting in focus.
Fxstreet
Mon, May 5
