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GLOBAL MARKETS-World stocks end higher on US jobs data, signs of easing trade tensions
U.S. labor market stronger than expected China says door is open for trade talksJapan eyes US Treasury holdings as negotiation tool By Stephen Culp NEW YORK, May 2 (Reuters) - Wall Street and European stocks rallied and U.S. Treasury yields surged on Friday as investor risk appetite was strengthe...Reuters
Fri, May 2
Stocks
Why Investors Were Avoiding GeneDx Holdings Stock This Week
With a nearly 39% stock price decline this week, according to data compiled by S&P Global Market Intelligence, GeneDx Holdings (NASDAQ: WGS) was deep in the doghouse with investors. They traded out of the stock following the company's latest earnings release and a subsequent round of analyst price t...The Motley Fool
Fri, May 2
Other
Ero Copper Corp expected to post earnings of 20 cents a share - Earnings Preview
Ero Copper Corp ERO.TO is expected to show a rise in quarterly revenue when it reports results on May 5 for the period ending March 31 2025The Vancouver British Columbia-based company is expected to report a 21.7% increase in revenue to $128.7 million from $105.79 million a year ago, according to...Reuters
Fri, May 2
Other
Marchex Inc expected to post a loss of 2 cents a share - Earnings Preview
Marchex Inc MCHX.OQ MCHX.O is expected to show a rise in quarterly revenue when it reports results on May 5 (estimated) for the period ending March 31 2025The Seattle Washington-based company is expected to report a 3.0% increase in revenue to $11.92 million from $11.57 million a year ago, accordi...Reuters
Fri, May 2
Forex
FOREX-US dollar retreats, but off lows, after solid jobs report
US nonfarm payrolls rise by 177,000 in MarchReport does not reflect fallout from tariffs -analystChina seeks to address US concerns on role in fentanyl tradeUS rate futures reduce bets on June cutBy Gertrude Chavez-Dreyfuss NEW YORK, May 2 (Reuters) - The U.S. dollar fell on Friday, but trimmed l...Reuters
Fri, May 2
Other
Offerpad Solutions Inc expected to post a loss of 54 cents a share - Earnings Preview
Offerpad Solutions Inc OPAD.N, OPAD.K is expected to show a fall in quarterly revenue when it reports results on May 5 for the period ending March 31 2025The Tempe Arizona-based company is expected to report a 36.7% decrease in revenue to $180.511 million from $285.36 million a year ago, according...Reuters
Fri, May 2
Other
US revokes Romania from visa waiver travel program
WASHINGTON, May 2 (Reuters) - The Trump administration said on Friday it is removing Romania from the U.S. visa waiver program allowing visa-free travel to the United States.The outgoing administration of then President Joe Biden said on January 9 it was admitting Romania to the program, saying it h...Reuters
Fri, May 2
Other
Trump 2026 space budget would cancel NASA rocket, lunar station
Trump proposal would cut NASA's current budget by 24%Cuts would affect joint missions with Europe, Canada, Japan'Mars-focused programs' would get $1 billion boostBy Joey Roulette WASHINGTON, May 2 (Reuters) - U.S. President Donald Trump's budget proposal seeks to axe key parts of ...Reuters
Fri, May 2
Other
Heritage Insurance Holdings Inc expected to post earnings of 45 cents a share - Earnings Preview
Heritage Insurance Holdings Inc HRTG.N, HRTG.K is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The Tampa Florida-based company is expected to report a 11.7% increase in revenue to $213.685 million from $191.3 million a year ago, a...Reuters
Fri, May 2
Other
Kimball Electronics Inc expected to post earnings of 19 cents a share - Earnings Preview
Kimball Electronics Inc KE.OQ KE.O is expected to show a fall in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The Jasper Indiana-based company is expected to report a 20.5% decrease in revenue to $338.082 million from $425.04 million a year ago, according t...Reuters
Fri, May 2
Commodities
Goldman Sachs sees 410,000-bpd hike in OPEC+ June supply
May 2 (Reuters) - Goldman Sachs on Friday said it expects OPEC+ to announce a second consecutive increase in supply for June on Saturday, due to modest compliance from Kazakhstan, lower-than-expected OECD inventories, and Saudi Arabia's ability to handle lower oil prices.The Wall Street bank exp...Reuters
Fri, May 2
Other
EXCLUSIVE-US readies Russia sanctions over Ukraine, unclear if Trump will sign, sources say
US officials have prepared package of sanctions on Russia, sources sayTargets include natural resources and banking entitiesTrump has not decided whether to deploy the sanctionsBy Jonathan Landay, Gram Slattery, Erin Banco and Steve Holland WASHINGTON, May 2 (Reuters) - U.S. officials have finali...Reuters
Fri, May 2
Other
United Airlines travelers face check-in issues on website and app
May 2 (Reuters) - United Airlines UAL.O said on Friday it was experiencing issues with travelers unable to check in for upcoming flights.Travelers were facing issues related to accessing the airline's website and app, data from Downdetector showed.United, in a post on social media platform X, sa...Reuters
Fri, May 2
Other
US State Dept OKs possible sale of F-16 training, sustainment for Ukraine
WASHINGTON, May 2 (Reuters) - The U.S. State Department has approved the potential sale of F-16 training and sustainment, along with related equipment, for Ukraine for $310 million, the Pentagon said on Friday.The principal contractors include Lockheed Martin Aeronautics LMT.N, BAE Systems BAES.L an...Reuters
Fri, May 2
Other
Nature's Sunshine Products Inc expected to post earnings of 17 cents a share - Earnings Preview
Nature's Sunshine Products Inc NATR.OQ NATR.O is expected to show a fall in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The Lehi Utah-based company is expected to report a 1.4% decrease in revenue to $109.392 million from $110.99 million a year ago, ac...Reuters
Fri, May 2
Other
US military creates new military zone along border with Mexico
WASHINGTON, May 2 (Reuters) - The U.S. military has created a second military zone along the border with Mexico, adding an area in Texas where troops can temporarily detain migrants or trespassers after doing the same in New Mexico.President Donald Trump launched an aggressive immigration enforcemen...Reuters
Fri, May 2
Stocks
Palladyne AI Corp expected to post a loss of 21 cents a share - Earnings Preview
Palladyne AI Corp PDYN.OQ PDYN.O is expected to report resultson May 6 (estimated) for the period ending March 31 2025The Salt Lake City Utah-based company is expected to report revenue of $1.2 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst estimate...Reuters
Fri, May 2
Other
TMX Group Ltd expected to post earnings of 48 cents a share - Earnings Preview
TMX Group Ltd X.TO is expected to show a rise in quarterly revenue when it reports results on May 5 for the period ending March 31 2025The Toronto Ontario-based company is expected to report a 17.4% increase in revenue to C$406 million from C$345.9 million a year ago, according to the mean estima...Reuters
Fri, May 2
Other
Measles cases in Texas rise to 683, state health department says
By Sriparna Roy May 2 (Reuters) - Measles cases in Texas rose 3% to 683 over three days, the state's health department reported on Friday, as nationwide cases of the childhood disease approach the 1,000-mark.As of May 1, a total of 935 confirmed measles cases were reported by 30 jurisdiction...Reuters
Fri, May 2
Commodities
PJM selects 51 US projects for additional power generation capacity
May 2 (Reuters) - PJM Interconnection said on Friday it has selected 51 U.S. projects that can be brought online quickly to help provide more than 9,300 MW of reliable electricity capacity under its Reliable Resource Initiative."The Reliability Resource Initiative (RRI) is a one-time opportunity...Reuters
Fri, May 2
