News
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Commodities
EU to present plan on Tuesday on how to wean itself off Russia energy
BRUSSELS, May 5 (Reuters) - The European Union will present a roadmap plan on May 6 on how to wean itself off Russian energy, European Commission spokesperson Stefan de Keersmaecker said on Monday."Tomorrow, the College will discuss a roadmap to end Russian energy imports," he said, referrin...Reuters
Mon, May 5
Other
Lument Finance Trust Inc expected to post earnings of 9 cents a share - Earnings Preview
Lument Finance Trust Inc LFT.N, LFT is expected to show a fall in quarterly revenue when it reports results on May 7 (estimated) for the period ending March 31 2025The New York City-based company is expected to report a 28.6% decrease in revenue to $25.317 million from $35.44 million a year ago, a...Reuters
Mon, May 5
Other
Fathom Holdings Inc expected to post a loss of 21 cents a share - Earnings Preview
Fathom Holdings Inc FTHM.OQ FTHM.O is expected to show a rise in quarterly revenue when it reports results on May 7 (estimated) for the period ending March 31 2025The Cary North Carolina-based company is expected to report a 17.8% increase in revenue to $83.037 million from $70.5 million a year ag...Reuters
Mon, May 5
Other
American Vanguard Corp expected to post earnings of 20 cents a share - Earnings Preview
American Vanguard Corp AVD.N, AVD is expected to show a fall in quarterly revenue when it reports results on May 7 (estimated) for the period ending December 31 2024The Newport Beach California-based company is expected to report a 1.3% decrease in revenue to $170 million from $172.18 million a ye...Reuters
Mon, May 5
Stocks
GLOBAL MARKETS-Oil slips, Taiwan dollar surges at start of central bank-heavy week
European shares little changed, London closedU.S. stock futures dip, oil prices fallTaiwan dollar surgesBy Dhara Ranasinghe LONDON, May 5 (Reuters) - Oil prices fell on Monday after oil-producing group OPEC+ agreed to accelerate oil production increases, while Taiwan's dollar surged to almost...Reuters
Mon, May 5
Cryptocurrencies
Bitcoin Caught In Bearish Drift As It Slips Below Key Support Averages, Bears Taking Over?
According to a recent post on X by Shaco AI, Bitcoin (BTC) is showing a bit of “stage fright” as it hovers just below key short-term moving averages, signaling a potential loss of momentum. At the time of writing, BTC is trading at $94,383, beneath both the 25-hour Simple Moving Average (SMA) at $95...NewsBTC
Mon, May 5
Stocks
Stock Market Selloff: 4 No-Brainer Stocks to Buy Right Now
In 2025, Wall Street has been rattled with increasing concerns about U.S.-China trade wars, escalating geopolitical pressures, rising economic uncertainties, and growing recession fears. The benchmark S&P 500 index is down nearly 4.7% in 2025.However, this market volatility and sell-off have opened ...The Motley Fool
Mon, May 5
Stocks
Why Archer Aviation Stock Soared 17.2% Higher in April
Extending the 5.6% decline that it suffered in March, the S&P 500 (SNPINDEX: ^GSPC) inched almost 0.7% lower in April. Of course, there were stocks that bucked the trend and managed to gain altitude last month. Archer Aviation (NYSE: ACHR), for example, ascended 17.2% higher, according to data provi...The Motley Fool
Mon, May 5
Commodities
RPT-COLUMN-Big Oil in business as usual mode despite nearing storm: Bousso
Oil majors warn of worsening global economic conditionsYet most stick to large shareholder return programmesAnd are borrowing more in order to pay for their expensesBy Ron Bousso LONDON, May 2 (Reuters) - Top oil and gas companies are watching the worsening global economic outlook with trepidatio...Reuters
Mon, May 5
Other
Berkshire Hathaway Board Appoints Greg Abel President & CEO, Warren Buffett To Remain Chairman
May 5 (Reuters) - Berkshire Hathaway Inc BRKa.N:BERKSHIRE HATHAWAY INC. NEWS RELEASEBERKSHIRE HATHAWAY INC - WARREN BUFFETT TO RECOMMEND GREG ABEL AS CEO EFFECTIVE JAN 1, 2026BERKSHIRE HATHAWAY INC - WARREN BUFFETT TO REMAIN AS CHAIRMAN OF BOARDBERKSHIRE HATHAWAY INC - BOARD UNANIMOUSLY APPOINTS GRE...Reuters
Mon, May 5
Stocks
Zimmer Biomet rises after quarterly results beat estimates
** Shares of medical device maker Zimmer Biomet Holdings ZBH.N rise 1.5% to $103.87 premarket** ZBH posts Q1 adj. profit of $1.81 per share, beating analysts' estimate of $1.77 per share, according to data compiled by LSEG ** Company reports Q1 revenue of $1.91 billion vs estimates of $1.90 ...Reuters
Mon, May 5
Forex
Sterling gains against dollar ahead of this week's BoE meeting
May 5 (Reuters) - Sterling rose against a weaker dollar on Monday, ahead of the Bank of England's next policy decision due later this week.The pound was up 0.29% versus the dollar 4> to 1.33045 at 1107 GMT, broadly in line with moves across broader currency markets. FRX/ Newsflow in Britain w...Reuters
Mon, May 5
Stocks
US media stocks down after Trump unveils 100% tariff on foreign-made movies
** Shares of U.S. media firms fall premarket after President Trump orders 100% tariff on movies produced outside the country to save 'dying' Hollywood** Among the hardest hit stocks before the bell are Netflix NFLX.O, down 5%, and Warner Bros Discovery WBD.O, off 3%** Trump on Sun called oth...Reuters
Mon, May 5
Commodities
GRAINS-Soybeans ease after rally, U.S. trade, crop condition news awaited
Soybean traders await news of U.S./China trade talksPositive U.S. crop condition, planting report expectedBy Michael Hogan HAMBURG, May 5 (Reuters) - Chicago soybean futures fell on Monday as traders awaited updates on possible U.S.-China trade talks amid mounting competition from Brazil.Wheat an...Reuters
Mon, May 5
Stocks
Berkshire board names Greg Abel as CEO, Buffett to remain chair, CNBC reports
May 5 (Reuters) - Berkshire Hathaway's BRKa.N board voted unanimously to name Greg Abel president and CEO starting next year, while Warren Buffett will stay on as chairman, CNBC reported on Monday, citing sources.The move officially initiates the transition that will see Buffett step aside after...Reuters
Mon, May 5
Forex
CORRECTED-Australian dollar perched at five-month top, outlook brightens
SYDNEY, May 5 (Reuters) - The Aussie hit a five-month peak on Monday on the back of a soft U.S. dollar, which has been constrained by a meteoric rise in the Taiwanese currency, while the kiwi also gained ground ahead of the quarterly jobs data this week. There has been muted reaction to the astonish...Reuters
Mon, May 5
Other
Qatar Airways Increases Flights To Toronto And São Paulo
May 5 (Reuters) - QATAR AIRWAYS:QATAR AIRWAYS EXPANDS SERVICES TO NORTH AND SOUTH AMERICA, INCREASING FLIGHTS TO TORONTO AND SÃO PAULOFROM 19 JUNE 2025, QATAR AIRWAYS WILL OPERATE FIVE WEEKLY FLIGHTS TO TORONTOFROM 25 JUNE 2025, QATAR AIRWAYS WILL EXPAND FREQUENCIES TO SÃO PAULO TO 17 WEEKLY FLIGHTSReuters
Mon, May 5
Commodities
EU to present roadmap plan on Tuesday on how to wean itself off Russia energy
BRUSSELS, May 5 (Reuters) - The European Union will present a roadmap plan on May 6 on how to wean itself off Russian energy, European Commission spokesperson Stefan de Keersmaecker said on Monday.The plan will be presented on Tuesday by Dan Jorgensen, EU Commissioner for Energy and Housing, he adde...Reuters
Mon, May 5
