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Cryptocurrencies
Senator Rips GENIUS Act, Alleges Trump Cashing In On USD1 Coin
United States Sen. Elizabeth Warren is urging Congress to reject the GENIUS Act, a bill that would potentially pave the way for what she terms “crypto corruption.” Related Reading: Crypto Founder Warns: Skipping XRP Could Be The Real Risk The bill – the Guiding and Establishing Nat...Bitcoinist
Mon, May 5
Stocks
Why the iShares Bitcoin Trust ETF Rallied 14% in April
Shares of the Bitcoin (CRYPTO: BTC)-focused exchange traded fund iShares Bitcoin Trust ETF (NASDAQ: IBIT) rallied 14.3% in April, according to data from S&P Global Market Intelligence .The IBIT is the most-traded and liquid Bitcoin ETF, and is run by Blackrock (NYSE: BLK), the largest asset manager ...The Motley Fool
Mon, May 5
Other
PRESS DIGEST-Canada - May 5
May 5 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL Dallas-based Sunoco SUN.N made a friendly takeover bid for Parkland PKI.TO early Monday worth $9.1-billion, incl...Reuters
Mon, May 5
Other
Vistra Corp expected to post earnings of 70 cents a share - Earnings Preview
Vistra Corp VST.N, VST is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Irving Texas-based company is expected to report a 33.3% increase in revenue to $4.072 billion from $3.05 billion a year ago, according to the mean estimat...Reuters
Mon, May 5
Other
Dine Brands Global Inc expected to post earnings of $1.23 a share - Earnings Preview
Dine Brands Global Inc DIN.N, DIN is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Pasadena California-based company is expected to report a 5.5% increase in revenue to $217.563 million from $206.24 million a year ago, accordin...Reuters
Mon, May 5
Other
Marcus & Millichap Inc expected to post a loss of 16 cents a share - Earnings Preview
Marcus & Millichap Inc MMI.N, MMI is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Calabasas California-based company is expected to report a 8.6% increase in revenue to $140.2 million from $129.1 million a year ago, accord...Reuters
Mon, May 5
Commodities
Chipmaker Onsemi forecasts upbeat quarterly revenue on resilient demand from EV makers
May 5 (Reuters) - Onsemi ON.O forecast second-quarter revenue above Wall Street expectations on Monday, as demand for its chips used in electric vehicles remains resilient despite economic uncertainty brought on by U.S. President Donald Trump's tariffs on auto imports. Orders for Onsemi's s...Reuters
Mon, May 5
Commodities
Copersucar's Eco-Energy to sell ethanol produced at Green Plains plants
SAO PAULO, May 5 (Reuters) - Eco-Energy, a firm controlled by Brazil's sugar giant Copersucar, has reached a deal to sell and distribute ethanol produced at Green Plains Inc's GPRE.O plants in the United States, Copersucar said in a statement on Monday.Reuters
Mon, May 5
Forex
Thumzup Media Files $200 Million Shelf Registration To Further Bitcoin Treasury Strategy
May 5 (Reuters) - Thumzup Media Corp TZUP.O:THUMZUP MEDIA CORPORATION FILES $200 MILLION SHELF REGISTRATION FOR WORKING CAPITAL AND TO FURTHER ITS BITCOIN TREASURY STRATEGYTHUMZUP MEDIA CORP - BOARD AUTHORIZES THUMZUP TO HOLD UP TO 90% ASSETS IN BITCOINReuters
Mon, May 5
Stocks
GlycoMimetics Inc expected to post a loss of 5 cents a share - Earnings Preview
GlycoMimetics Inc GLYC.OQ GLYC.O is expected to show no change in quarterly revenue when it reports results on May 7 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for GlycoMimetics Inc is for a loss of 5 cents per share. The one available analyst rating on the sha...Reuters
Mon, May 5
Commodities
Cypress Creek Renewables Secures $150 Million In Financing
May 5 (Reuters) - Cypress Creek Renewables:CYPRESS CREEK RENEWABLES SECURES $150 MILLION IN FINANCING AND BEGINS CONSTRUCTION ON 104MW OSTREA SOLAR PROJECT IN WASHINGTON STATECYPRESS CREEK RENEWABLES: MUFG BANK ACTED AS COORDINATING LEAD ARRANGER FOR $150 MILLION CONSTRUCTION FINANCING WITH BNP PARI...Reuters
Mon, May 5
Commodities
Tyson Foods reformulates products with synthetic dyes, CEO says
CHICAGO, May 5 (Reuters) - Tyson Foods TSN.N. has been "proactively reformulating" products containing petroleum-based synthetic dyes and will finish work to eliminate them from its production process by the end of May, CEO Donnie King said on Monday.Most of the meat company's retail-bra...Reuters
Mon, May 5
Other
EyePoint Pharmaceuticals Inc expected to post a loss of 66 cents a share - Earnings Preview
EyePoint Pharmaceuticals Inc EYPT.OQ EYPT.O is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Watertown Massachusetts-based company is expected to report a 31.7% decrease in revenue to $7.977 million from $11.68 million a year a...Reuters
Mon, May 5
Cryptocurrencies
Bitcoin Faces Political Headwinds Even as the Best Presales Keep Finding Investors
The close of last week coughed up some rather unpleasant news for Bitcoin (and crypto) supporters. Arizona’s governor, Katie Hobbs, announced her decision to veto Senate Bill 1025, also known as the ‘Arizona Strategic Bitcoin Reserve Act.’ SB1025 would have allowed Arizona’s ...NewsBTC
Mon, May 5
Commodities
CANADA RESEARCH ROUNDUP-Artemis Gold, Secure Waste Infrastructure, Toromont Industries
May 5 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Artemis Gold, Secure Waste Infrastructure and Toromont Industries on Monday. HIGHLIGHTS * Artemis Gold Inc ARTG.V: Canaccord Genuity raises to buy from speculative buy* Fairfa...Reuters
Mon, May 5
