News
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Cryptocurrencies
Ripple Is ‘Fake It Till You Make It On Steroids,’ Claims Moonrock Capital CEO
The disclosure of Ripple Labs Inc.’s overture to purchase Circle Internet Financial for a reported $4 billion to $5 billion has ignited a rare public broadside from within the digital-asset industry itself, while simultaneously spotlighting diverging philosophies about how crypto networks should be ...Bitcoinist
Fri, May 2
Cryptocurrencies
Dogecoin Eyes $1.80 In Summer Rally As Analyst Flags Breakout Structure
The Dogecoin monthly chart has begun to echo the rhythmic, momentum-laden structures that prefaced each of the meme-coin’s historical breakouts, according to independent market technician Kevin, better known on X as @Kev_Capital_TA. In a fresh publication dated 1 May 2025, Kevin notes that DOGE clos...NewsBTC
Fri, May 2
Stocks
CANADA STOCKS-TSX gains on signs of easing Sino-US trade tensions
By Sukriti Gupta and Ragini Mathur May 2 (Reuters) - Canada's main stock index rose on Friday and was on track for its fourth consecutive weekly gain, as signs of potential easing in U.S.-China trade tensions and a stronger-than-expected U.S. jobs report boosted investor sentiment.Toronto Sto...Reuters
Fri, May 2
Cryptocurrencies
Ethereum (ETH) Pectra Upgrade Could Impact Price, but Analysts Think Ruvi AI (RUVI) Could Generate 10,000% Profits As it Hits $1
While the blockchain world waits for Ethereum’s Pectra upgrade to come, Ruvi AI is already making waves in blockchain and AI. Ethereum may make the headlines, but Ruvi AI’s progress is the opportunity for investors and innovators. About Ruvi AI Ruvi AI is a next gen platform that combines blockchain with AI to solve some […]Cryptopolitan
Fri, May 2
Cryptocurrencies
It Is Now Possible To Buy A Token With Similar Potential To Early XRP Or Cardano, This Might Be Your Best Shot
Mutuum Finance (MUTM) continues to make huge progress with its presale accumulation of $7.3 million while offering 430 million tokens to 9,200 unique token holders. The token currently in phase 4 sells at $0.025 and provides investors during this early period a unique opportunity to fund a project having practical DeFi applications. Mutuum Finance (MUTM) […]Cryptopolitan
Fri, May 2
Other
AIG’s Lexington grew NWP 23% in Q1 with submissions up 30%
By David BullMay 2 - (The Insurer) - Lexington was the biggest driver of the 14% net premium written (NPW) growth recorded by AIG’s North America commercial insurance division in Q1, with the wholesale-only unit growing by 23% led by a 27% expansion in casualty.AIG chairman and CEO Peter Zaffino pro...Reuters
Fri, May 2
Other
WTW acquires California-based trade credit insurer CFS
By Mia MacGregorMay 2 - (The Insurer) - Willis has acquired specialty credit insurance brokerage CFS International, based in Irvine, California. Founded in 1990, CFS specializes in trade credit insurance solutions for global firms. “Bringing CFS into WTW further demonstrates our commitment to buildi...Reuters
Fri, May 2
Stocks
ANALYSIS-Amazon sellers are stocking up in the face of tariffs, but it's a short-term fix
Third-party sellers build inventory to avoid tariff impact Once stocks run out, they may have to hike prices, analysts sayAmazon sellers may have to accept tighter margins to back sales By Deborah Mary Sophia and Arriana McLymore May 2 (Reuters) - Amazon AMZN.O on Thursday tried to temper investo...Reuters
Fri, May 2
Stocks
South African rand lifted by global risk appetite despite poor PMI survey
JOHANNESBURG, May 2 (Reuters) - The South African rand strengthened on Friday, helped by optimism about an easing of U.S.-China trade tensions and better-than-expected U.S. jobs data that boosted global risk appetite.The gains came despite another weak local purchasing managers' index (PMI) surv...Reuters
Fri, May 2
Stocks
Bernstein upgrades Reddit, says it’s ’executing under the cloud of unknowns’
Investing.com -- Bernstein upgraded Reddit (NYSE:RDDT) to Market-Perform from Underperform in a note this week, pointing to strong execution despite lingering uncertainties around user growth and plInvesting.com
Fri, May 2
Other
INSIGHT-How Trump blindsided Netanyahu with his Iran nuclear gamble
Trump's pivot to diplomacy shocks Netanyahu, who sought U.S. backing for military strikeNetanyahu wants zero enrichment and dismantling of Iran's nuclear infrastructureIran open to expanded IAEA access, demands guarantees against future U.S. withdrawal from nuclear pactIran considers exporti...Reuters
Fri, May 2
Other
REFILE-DIARY-Political and General News Events from May 2
May 2 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY ----------...Reuters
Fri, May 2
Stocks
WRAPUP 2-Citadel, ExodusPoint, Schonfeld end rollercoaster April with gains
Multi-strategy funds return between 0.5% and over 3% April returnsStock pickers mostly flat for the year so far after deleveragingCTAs struggle in choppy marketsBy Carolina Mandl and Nell Mackenzie NEW YORK/LONDON, May 2 (Reuters) - The biggest multi-strategy hedge funds posted positive returns w...Reuters
Fri, May 2
Forex
Cboe delivers record profit as tariff risks drive hedging rush
CBOE posts record options volumes in Q1Profit, revenue top Wall Street expectations Q2 off to robust start, outgoing CEO saysBy Arasu Kannagi Basil May 2 (Reuters) - Derivatives exchange Cboe Global Markets CBOE.Z reported a record first-quarter profit on Friday and boosted its annual revenue gro...Reuters
Fri, May 2
Stocks
LendingTree sinks after quarterly sales forecast misses estimates
** Shares of online lending marketplace LendingTree TREE.O fall 27% to $39.47** Stock set for biggest single-day percent drop in over 9 years, if losses hold** Late on Thursday, co forecast Q2 sales between $241 mln and $248 mln; analysts were expecting sales of $248.5 mln - LSEG** Co posts Q1 sales...Reuters
Fri, May 2
Other
Aon names DiLorenzo head of US casualty for reinsurance solutions
By Mia MacGregorMay 2 - (The Insurer) - Aon has promoted Anthony DiLorenzo to head of U.S. casualty for reinsurance solutions, effective immediately. He takes over the role from Amanda Lyons, who was appointed as Aon's global product leader for reinsurance solutions in May 2024. DiLorenzo joined...Reuters
Fri, May 2
Other
Ukraine's parliament will vote on ratifying U.S. minerals deal on May 8, lawmaker says
KYIV, May 2 (Reuters) - Ukraine's parliament will hold a vote on May 8 to ratify a minerals deal signed with the United States earlier this week, a lawmaker said on Friday, while the prime minister suggested the agreement will help Kyiv with supplies of air defence systems. Ukraine and the U.S. ...Reuters
Fri, May 2
Stocks
FTSE 100 recovers Trump tariff losses, set for record daily winning streak
LONDON, May 2 (Reuters) - Britain's FTSE 100 .FTSE on Friday rose above its closing level on April 2, the day U.S. President Donald Trump announced his plans for reciprocal tariffs on trade partners. If Friday's gains hold, the index will have risen for a 15th straight day, a new record of c...Reuters
Fri, May 2
Other
Huge New York sign tells under-fire Valencia leader he need not return home
MADRID, May 2 (Reuters) - A giant digital sign in New York's Times Square told beleaguered Spanish politician Carlos Mazon on his visit to the city that he had "228 reasons not to come home", in reference to how many people died in October's flash floods on the Valencian regional lea...Reuters
Fri, May 2
Commodities
OPEC+ moves up video conference to discuss June oil production - Bloomberg
Investing.com -- The Organization of Petroleum Exporting Countries and allies (OPEC+) has rescheduled its video conference to discuss oil production levels for June. The meeting, initially planned forInvesting.com
Fri, May 2
