News
Important Only
Other
DOGE expands presence at Wall St regulator, sources say
By Douglas Gillison and Chris Prentice May 2 (Reuters) - Presidential adviser Elon Musk's Department of Government Efficiency (DOGE) is expanding its presence at the U.S. Securities and Exchange Commission by adding a third staff member, according to people familiar with the matter.Since Marc...Reuters
Fri, May 2
Other
Lemonade Inc expected to post a loss of 95 cents a share - Earnings Preview
Lemonade Inc LMND.N, LMND.K is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The New York City-based company is expected to report a 21.9% increase in revenue to $145.207 million from $119.1 million a year ago, according to the mea...Reuters
Fri, May 2
Other
Sunstone Hotel Investors Inc expected to post earnings of 2 cents a share - Earnings Preview
Sunstone Hotel Investors Inc SHO.N, SHO is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The Aliso Viejo California-based company is expected to report a 11.0% increase in revenue to $240.947 million from $217.17 million a year ago...Reuters
Fri, May 2
Other
Belarus opposition warns against concessions to Lukashenko over release of US prisoner
Lukashenko seeks to repair ties with Trump administrationYouras Ziankovich freed after four years in prisonRelease seen as gift to Trump, handing him a 'quick win'Lukashenko's room for manoeuvre limited by MoscowBy Mark Trevelyan May 2 (Reuters) - The United States should not be "...Reuters
Fri, May 2
Other
Priority Technology Holdings Inc expected to post earnings of 18 cents a share - Earnings Preview
Priority Technology Holdings Inc PRTH.OQ PRTH.O is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The Alpharetta Georgia-based company is expected to report a 11.3% increase in revenue to $228.903 million from $205.72 million a year...Reuters
Fri, May 2
Stocks
Why Super Micro Computer Stock Is Plummeting This Week
Super Micro Computer (NASDAQ: SMCI) stock has seen big sell-offs this week. The company's share price was down 10.3% from last week's market close heading into the start of trading this Friday. Across the same period, the S&P 500 was up 1.4%.After the market closed on Tuesday, Supermicro published p...The Motley Fool
Fri, May 2
Stocks
GLOBAL MARKETS-Stocks gain on jobs data, signs China-US trade tensions may ease
US labour market stronger than expected China says door is open for trade talksJapan eyes US Treasury holdings as negotiation tool By Naomi Rovnick and Nell Mackenzie LONDON, May 2 (Reuters) - Global stocks rallied on Friday and Treasuries fell out of favour as optimism about an easing of U.S.-Ch...Reuters
Fri, May 2
Economic Indicator
US economy risks losing billions as travel demand weakens, analysts warn
Domestic spending also declines amid recession worriesAirlines retract forecasts due to trade war uncertaintiesForeign travel spending reduction could hit US GDP by up to 0.3%, analysts sayBy Siddarth S May 2 (Reuters) - Weakening travel demand, signaled by grim earnings forecasts of travel-relat...Reuters
Fri, May 2
Stocks
Truist raises Parker-Hannifin PT after Q3 profit beats estimate
** Truist Securities raises price target on Parker-Hannifin PH.N to $770 from $717, upside of 26% to the stock's last close** Says the airframes and engine component supplier will continue to look at both niche and larger acquisitions to accelerate the organic growth profile of the company and i...Reuters
Fri, May 2
Other
CCC Intelligent Solutions Holdings Inc expected to post earnings of 8 cents a share - Earnings Preview
CCC Intelligent Solutions Holdings Inc CCCS.OQ CCCS.O is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The Chicago Illinois-based company is expected to report a 10.0% increase in revenue to $249.848 million from $227.24 million a ...Reuters
Fri, May 2
Other
Target Hospitality Corp expected to post a loss of 2 cents a share - Earnings Preview
Target Hospitality Corp TH.OQ TH.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 The Woodlands Texas-based company is expected to report a 38.7% decrease in revenue to $65.367 million from $106.67 million a year ...Reuters
Fri, May 2
Other
Foghorn Therapeutics Inc. expected to post a loss of 34 cents a share - Earnings Preview
Foghorn Therapeutics Inc. FHTX.OQ FHTX.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 Cambridge Massachusetts-based company is expected to report a 15.2% increase in revenue to $5.816 million from $5.05 million ...Reuters
Fri, May 2
Other
Cognition Therapeutics Inc expected to post a loss of 11 cents a share - Earnings Preview
Cognition Therapeutics Inc CGTX.OQ CGTX.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 Cognition Therapeutics Inc is for a loss of 11 cents per share. The current average anal...Reuters
Fri, May 2
Stocks
Camden Property rises after Q1 FFO beats estimates
** Camden Property Trust's CPT.N shares rise 4% to $120, as Q1 fund from operations (FFO) beats analysts' estimates** Co posts Q1 FFO of $1.70/share, compared with analysts' average estimate of $1.68/share** CPT's Q1 property revenue was $390.6 mln, above the consensus of $388.9 mln*...Reuters
Fri, May 2
Stocks
American International Group Inc reports results for the quarter ended March 31 - Earnings Summary
American International Group Inc AIG.N reported quarterly adjusted earnings of $1.17 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.77. The mean expectation of sixteen analysts for the quarter was for earnings of $1.01 per shar...Reuters
Fri, May 2
Cryptocurrencies
Ripple gets aggressive with $20 billion bid to buy Circle
Ripple is reported to have increased its offer to purchase Circle, the issuer of USDC, from $5 billion to over $20 billion. The higher valuation is now under active negotiation, according to Bloomberg sources. If confirmed, the deal would shift the balance of power in the global stablecoin market. Ripple’s move to acquire Circle would […]Cryptopolitan
Fri, May 2
Other
Heron Therapeutics Inc expected to post a loss of 1 cent a share - Earnings Preview
Heron Therapeutics Inc HRTX.OQ HRTX.O is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending March 31 2025The Cary North Carolina-based company is expected to report a 7.9% increase in revenue to $37.417 million from $34.67 million a year ago, accord...Reuters
Fri, May 2
Other
Growhub Limited Files Form F-1 For IPO - SEC Filing
May 2 (Reuters) - GROWHUB LTD - THE GROWHUB LIMITED FILES FORM F-1 FOR IPO - SEC FILINGGROWHUB LTD - TO OFFER 3,750,000 CLASS A ORDINARY SHARES - SEC FILINGGROWHUB LTD - IPO PRICE ESTIMATED BETWEEN $4.00 AND $5.00 PER SHARE - SEC FILINGGROWHUB LTD - TO LIST ON NASDAQ UNDER SYMBOL 'TGHL' - SE...Reuters
Fri, May 2
Other
Motor racing-Verstappen and Piquet announce birth of daughter Lily
MIAMI, May 2 (Reuters) - Four times Formula One world champion Max Verstappen and partner Kelly Piquet announced the birth of daughter Lily on Friday.The 27-year-old Red Bull driver and reigning champion was due on track for practice and sprint qualifying at the Miami Grand Prix on Friday after his ...Reuters
Fri, May 2
