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Stocks
LIVE MARKETS-US stock futures, yields rise after latest jobs report
U.S. equity index futures green: Russell 2000 up >1.5%Apr nonfarm payroll 177k vs 130k estimateEuro STOXX 600 index up >1.5%Dollar down; crude slips; gold, bitcoin gainU.S. 10-Year Treasury yield rises to ~4.28%Welcome to the home for real-time coverage of markets brought to you by Reuters rep...Reuters
Fri, May 2
Other
Cartesian Therapeutics Inc expected to post a loss of 71 cents a share - Earnings Preview
Cartesian Therapeutics Inc RNAC.OQ RNAC.O is expected to show a fall in quarterly revenue when it reports results on May 6 (estimated) for the period ending March 31 2025The Frederick Maryland-based company is expected to report a 86.5% decrease in revenue to $785.71 thousand from $5.84 million a ...Reuters
Fri, May 2
Other
CANADA RESEARCH ROUNDUP-Canadian National Railway, George Weston, Toromont Industries
May 2 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Canadian National Railway, George Weston and Toromont Industries, on Friday. HIGHLIGHTS * Bombardier BBDb.TO: CIBC raises target price to C$115 from C$106* Canadian National R...Reuters
Fri, May 2
Other
Dupont CEO Says Not Looking At M&A Before Spinoff Is Complete: Conf Call
May 2 (Reuters) - Dupont De Nemours Inc DD.N:DUPONT CEO SAYS TARIFF-RELATED NET COST IMPACT OF $60 MILLION WILL PRIMARILY IMPACT THE SECOND HALF OF 2025: CONF CALLDUPONT EXPECTS ADJUSTED EPS OF $1.05 IN SECOND QUARTER: CONF CALLDUPONT EXPECTS NET SALES OF $3.2 BILLION IN SECOND QUARTER: CONF CALLDUP...Reuters
Fri, May 2
Other
Marcus Corp expected to post a loss of 48 cents a share - Earnings Preview
Marcus Corp MCS.N, MCS is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The Milwaukee Wisconsin-based company is expected to report a 1.0% increase in revenue to $139.894 million from $138.55 million a year ago, according to the me...Reuters
Fri, May 2
Other
Trump says US economy in "transition," urges Fed to cut rates
May 2 (Reuters) - President Donald Trump on Friday said the U.S. economy is in a transition stage, citing strong employment and his tariff plan while reiterating his call for the U.S. Federal Reserve to lower its interest rate. "We’re only in a transition stage, just getting started!" he sai...Reuters
Fri, May 2
Stocks
INSTANT VIEW-April US payrolls growth slows before full tariff impact felt
May 2 (Reuters) - U.S. job growth slowed marginally in April, but the outlook for the labor market is increasingly darkening as President Donald Trump's aggressive tariff policy heightens economic uncertainty.Nonfarm payrolls increased by 177,000 jobs last month after rising by a downwardly revi...Reuters
Fri, May 2
Other
Fidelity National Information Services Inc expected to post earnings of $1.20 a share - Earnings Preview
Fidelity National Information Services Inc FIS.N, FIS is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The Jacksonville Florida-based company is expected to report a 1.6% increase in revenue to $2.507 billion from $2.47 billion a y...Reuters
Fri, May 2
Stocks
U.S. STOCKS ON THE MOVE-Airbnb, Cigna, Twilio
Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures rose on Friday as hopes of a de-escalation in a punishing U.S.-China trade war offset disappointing earnings upd...Reuters
Fri, May 2
Other
Prelude Therapeutics Inc expected to post a loss of 47 cents a share - Earnings Preview
Prelude Therapeutics Inc PRLD.OQ PRLD.O is expected to show no change in quarterly revenue when it reports results on May 5 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Prelude Therapeutics Inc is for a loss of 47 cents per share. The current average analyst ...Reuters
Fri, May 2
Other
Street View: Eli Lilly well positioned in weight-loss market despite CVS's decision
** Eli Lilly LLY.N on Thursday downplayed CVS Health's CVS.N decision to drop the company's obesity drug Zepbound from some lists of medicines it covers for reimbursement** CVS said it would drop coverage from July 1, but keep reimbursing for rival GLP-1 weight-loss drug Wegovy after negotia...Reuters
Fri, May 2
Other
Harmony Biosciences Holdings Inc expected to post earnings of 59 cents a share - Earnings Preview
Harmony Biosciences Holdings Inc HRMY.OQ HRMY.O is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The Plymouth Meeting Pennsylvania-based company is expected to report a 18.3% increase in revenue to $182.903 million from $154.62 mil...Reuters
Fri, May 2
Cryptocurrencies
Bitcoin Price Surge: Nears $100,000 Mark Post Breakthrough Of 10-Week High
The market’s largest cryptocurrency, Bitcoin (BTC), is once again nearing the $100,000 milestone, following a significant rally that has seen the cryptocurrency reach its highest price since late February. After experiencing downward pressure attributed to Donald Trump’s tariff policies, which trigg...NewsBTC
Fri, May 2
Stocks
Five Below soars after discount retailer raises Q1 forecasts
** Shares of discount chain Five Below jump ~12% to $84.14 premarket ** Co raises first-quarter net sales and adjusted income per share forecasts** Expects Q1 net sales to be about $967 million vs prior range of $905 million to $925 million** Expects Q1 adjusted income per sha...Reuters
Fri, May 2
Forex
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.2% higher at C$1.3822 to the greenback, or 72.35 U.S. cents, after trading in a range of 1.3804 to 1.3857.Canadian government 10-year bond yields CA10YT...Reuters
Fri, May 2
Cryptocurrencies
Trump’s World Liberty Financial Stablecoin Chosen For $2 Billion Binance Deal
A stablecoin launched by Donald Trump’s World Liberty Financial (WLFI) venture is being utilized by an Abu Dhabi investment firm for a substantial $2 billion investment in the crypto exchange Binance. This announcement was made by one of the co-founders of World Liberty during a crypto confere...Bitcoinist
Fri, May 2
