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Stocks
Oppenheimer raises PT on Carrier Global after Q1 earnings beat estimates
** Oppenheimer raises PT on Carrier Global CARR.N to $85 from $73 - a 22% upside to the stock's last close ** Says co's trends broadly improving, with controllable levers including commercial expansion and after-market growth** Brokerage says confident of co's strong earnings starting to...Reuters
Fri, May 2
Stocks
Why RH Stock Plummeted 22% in April
RH (NYSE: RH) stock fell 22% in April, according to data provided by S&P Global Market Intelligence. It announced earnings, including a major miss on earnings per share (EPS), on the day of President Donald Trump's new tariff program announcement, and the combined blow led to a massive plunge in the...The Motley Fool
Fri, May 2
Commodities
Volkswagen core brand group profit falls on EU carbon provision, US tariffs
May 2 (Reuters) - Volkswagen VOWG_p.DE on Friday said its first-quarter operating profit for the core brand group, which includes its best-selling VW brand, declined by 46.3%, impacted by EU carbon provisions and write-downs on inventory related to U.S. tariffs.The operating profit for the core bran...Reuters
Fri, May 2
Commodities
ExxonMobil Says Economic Uncertainty, Threats Of Potential Increase In OPEC Supply, Has Put Pressure On Prices & Margins
May 2 (Reuters) - Exxon Mobil Corp XOM.N:EXXONMOBIL: ECONOMIC UNCERTAINTY, WITH THREATS OF POTENTIAL INCREASE IN OPEC SUPPLY, HAS PUT PRESSURE ON PRICES & MARGINS - PREPARED REMARKSEXXONMOBIL: REMAIN COMMITTED TO TAKING COSTS OUT OF THE BUSINESS - PREPARED REMARKSEXXONMOBIL: IF WE CAN IMPROVE NP...Reuters
Fri, May 2
Stocks
Copper miners rise on hopes for truce in U.S-China trade war
** Benchmark three-month copper CMCU3 on the London Metal Exchange up 2% at $9,385.50 a metric ton, after rising by nearly 1% in the previous session** Prices rose on signs that the U.S. and China were moving closer to a solution to their fractious trade war** U.S.-listed shares of global mining gia...Reuters
Fri, May 2
Stocks
Classover Holdings extends surge after Solana tie-up
** Shares of online learning platform Classover Holdings KIDZ.O rise 80% to $9.70 premarket ** Stock surged 366% to a valuation of $124.8 million on Thursday after co said it entered an equity purchase deal with Solana Strategic Holding and it would use proceeds from the deal to develop a solana-cen...Reuters
Fri, May 2
Stocks
Is Novo Nordisk Stock a Buy?
For years, Denmark-based Novo Nordisk (NYSE: NVO) was a fairly traditional develop-and-market pharmaceutical company that escaped notice by many investors. Though listed on American stock exchanges, it didn't distinguish itself much in the vast sea that is the domestic biotech and pharmaceutical sec...The Motley Fool
Fri, May 2
Stocks
70 Billion Reasons to Buy Alphabet Stock Right Now
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) recently gave investors some encouraging news during its first-quarter earnings release, including a better-than-feared result that was relatively upbeat for the rest of the year. This flies in the face of many investors' concerns regarding the effects of tari...The Motley Fool
Fri, May 2
Other
Apollo Global Posts Q1 Adjusted EPS Of $1.82
May 2 (Reuters) - Apollo Global Management Inc APO.N:APOLLO GLOBAL Q1 ADJUSTED EPS $1.82APOLLO GLOBAL Q1 TOTAL REVENUE $5.55 BILLION VS IBES ESTIMATE $4.49 BILLIONAPOLLO GLOBAL Q1 DIVIDEND $0.51 PER SHAREAPOLLO GLOBAL Q1-END TOTAL AUM $785 BILLION VS IBES ESTIMATE $776.77 BILLIONAPOLLO GLOBAL MANAGE...Reuters
Fri, May 2
Cryptocurrencies
DOGE, XRP ETFs, and gamble memecoin sentiment fuels bullish trade: Santiment social data
The optimism around approvals of exchange-traded funds (ETFs) for Dogecoin (DOGE) and XRP has witnessed an uptick, with crowd sentiment increasingly turning positive for both tokens, according to social data from Santiment released Thursday. In the last two weeks, both cryptos have recorded a price increase of more than 6%. According to market intelligence firm […]Cryptopolitan
Fri, May 2
Commodities
Greece approves tender for hydrocarbons search in four offshore blocks
ATHENS, May 2 (Reuters) - Greece has approved an international tender for hydrocarbon exploration in four blocks in the Mediterranean Sea, following an expression of interest by Chevron CVX.N and Helleniq Energy HEPr.AT, the energy ministry said on Thursday.Greece this week issued a ministerial deci...Reuters
Fri, May 2
Forex
INDIA RUPEE-Rupee hits six-month peak before retreating on likely central bank intervention
MUMBAI, May 2 (Reuters) - The Indian rupee soared past 84 per U.S. dollar to touch a near six-month peak on Friday before reversing course on the back of likely dollar buying intervention by the central bank, via state-run lenders, traders said. Strong portfolio inflows and culling of bearish positi...Reuters
Fri, May 2
Other
Magna plans cost-cutting measures to cushion tariff hit after profit misses estimate
May 2 (Reuters) - Canadian auto parts supplier Magna International MG.TO said on Friday that it plans to implement cost-saving measures to cushion the hit from U.S. President Donald Trump's sweeping tariffs.The cost-cutting plans come after the company missed first-quarter profit estimates due t...Reuters
Fri, May 2
Stocks
Chevron falls on lower Q1 profit
** Shares of oil major Chevron CVX.N fall 1% to $153.80 premarket** CVX posts lower Q1 adjusted profit as oil and gas production and refining margins were down year-over-year** Company posts Q1 adjusted profit of $3.8 billion, or $2.18 per share, compared with $5.42 billion, or $2.93 per share, a ye...Reuters
Fri, May 2
Stocks
US STOCKS-Futures rise on signs of easing trade tensions, jobs data in focus
Futures up: Dow 0.55%, S&P 500 0.48%, Nasdaq 0.32% May 2 (Reuters) - U.S. stock index futures rose on Friday as hopes of a de-escalation in a punishing U.S.-China trade war offset disappointing earnings updates from Apple and Amazon.Global stocks rose as Beijing said on Friday it was "eva...Reuters
Fri, May 2
Stocks
Why Opendoor Stock Plunged 25% in April
Shares of Opendoor Technologies (NASDAQ: OPEN) stock dropped 25% in April, according to data provided by S&P Global Market Intelligence. The latest monthly housing data was negative, and it doesn't look like Opendoor's troubles will end anytime soon.A depressing real estate outlookOpendoor's trouble...The Motley Fool
Fri, May 2
Commodities
Itochu reports record annual profit helped by textiles, FamilyMart
TOKYO, May 2 (Reuters) - Japanese trading house Itochu 8001.T reported on Friday a record annual net profit of 880.3 billion yen ($6 billion), bolstered by its textile, food, and FamilyMart convenience store units.Profit rose 10% from the previous year, although it was slightly below an LSEG poll...Reuters
Fri, May 2
Stocks
Retiring in 2026? 3 Moves to Make Immediately.
The year leading up to your retirement date can be an exciting one, but it's also the time to make sure you're financially ready for that next step. If you're planning to end your career in 2026, here are three essential moves to make right now.1. Check your asset allocationToday's market is particu...The Motley Fool
Fri, May 2
Other
Chevron Says Q2 Downtime Expected To Be Around 105,000 BOEPD - Prepared Remarks
May 2 (Reuters) - Chevron Corp CVX.N:Q2 DOWNTIME EXPECTED TO BE AROUND 105,000 BARRELS OF OIL EQUIVALENT PER DAY - PREPARED REMARKSQ2 EARNINGS IMPACTS FROM REFINERY TURNAROUNDS EXPECTED TO BE $300 TO $350 MILLIONQ2 AFFILIATE DIVIDENDS EXPECTED TO BE AROUND $800 TO $900 MILLIONEXPECT GROWTH TOWARD SU...Reuters
Fri, May 2
