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Stocks
TRADING DAY-Tech tonic!
ORLANDO, Florida, May 1 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist From 'Lag 7' back to 'Mag 7'?The clouds of trade-related economic uncertainty are dark and heavy, but world markets were bathed in sunny optimism ...Reuters
Thu, May 1
Other
Soccer-Blistering first-half display helps Man United earn stunning victory in Bilbao
By Peter HallBILBAO, Spain, May 1 (Reuters) - Three first-half goals helped Manchester United put themselves on the cusp of the Europa League final on Thursday, with the Premier League side earning a 3-0 semi-final first leg win away at Athletic Bilbao. In a raucous San Memes atmosphere, with suppor...Reuters
Thu, May 1
Other
WRAPUP 1-Citadel, ExodusPoint, Schonfeld end rollercoaster April with gains
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON, May 1 (Reuters) - Global hedge funds ExodusPoint, Citadel, Schonfeld Strategic Advisors posted positive returns in a tumultuous April, when equities, bonds, currencies and commodities endured wild swings triggered by U.S. tariff announcements....Reuters
Thu, May 1
Other
Motor racing-Doohan welcomes Briatore's no-nonsense approach
By Matt MajendieMIAMI, May 1 (Reuters) - Jack Doohan has welcomed boss Flavio Briatore’s no-nonsense approach amid rumours Sunday’s Miami Grand Prix could be his last for the Alpine Formula One team.Even prior to the opening race of the season, his home grand prix, the Australian has been dogged by ...Reuters
Thu, May 1
Other
Canada lays 200 charges against ArcelorMittal for alleged violation of Fisheries Act
OTTAWA, May 1 (Reuters) - The Canadian government said on Thursday it laid 200 charges against steelmaker ArcelorMittal's MT.LU Canada unit for violating the country's Fisheries Act.The charges stem from several investigations launched by the Canadian environment ministry's enforcement o...Reuters
Thu, May 1
Stocks
Reddit surges after rosy Q2 revenue outlook
** Social media firm Reddit's RDDT.N shares rise 17.8% to $139.58 in extended trading ** RDDT forecasts second-quarter revenue above Wall Street estimates, betting on growing digital advertising spend on the social media platform despite uncertainty over marketing budgets** Co expects current-qu...Reuters
Thu, May 1
Stocks
Why Coca-Cola Consolidated Stock Plummeted Today
Coca-Cola Consolidated (NASDAQ: COKE) stock got hit with big sell-offs Thursday following the company's first-quarter earnings report. The company's share price closed out the daily session down 12% despite the backdrop of a 0.6% gain for the S&P 500.Coca-Cola Consolidated reported its Q1 results af...The Motley Fool
Thu, May 1
Stocks
Block plummets after trimming annual profit outlook
** Shares of payments firm Block XYZ.N down ~16% to $49.10 in after-the-bell trading** Co trims FY25 outlook for gross profit as spending slowdown fears climb** Also reports a 60% drop in Q1 profit as co records a $93.4 million remeasurement loss on its bitcoin investments, compared to a $233.4 mill...Reuters
Thu, May 1
Other
Dexcom beats quarterly sales estimates, reiterates annual forecast
May 1 (Reuters) - Medical device maker Dexcom DXCM.O beat first-quarter sales estimates helped by strong demand for its continuous glucose monitors (CGMs) used by patients with diabetes.Shares of the company rose 3.26% to $72.55 in after market trading. Increasing diabetes care awareness, wider ...Reuters
Thu, May 1
Other
ANALYSIS-Tesla without Musk? Board faces unique challenge whether he stays or goes
Tesla board defends Musk amid investor concerns, report it considered replacing himFinding a new CEO would be extremely difficult, investors sayTesla’s stock value relies mostly on Musk’s promises of robotaxis, robotsBy Rachael Levy, Abhirup Roy, Isla Binnie May 1 (Reuters) - Tesla's TSLA.O b...Reuters
Thu, May 1
Commodities
ICE canola futures higher on tighter stocks, rebounding soyoil
May 1 (Reuters) - ICE canola futures surged on Thursday on the anticipated tightening of old-crop canola stocks and rebounding soy oil futures, traders said.July canola RSN5 settled up $4.20 at $696.60 per metric ton. November RSX5 settled up $2.4 to $652.50. Steady demand for Canadian canola has he...Reuters
Thu, May 1
Stocks
Instacart soars after upbeat quarterly profit forecast
** Shares of grocery delivery platform Instacart CART.O up ~12% at $44.54 after the bell** Co forecast Q2 core profit between $240 million and $250 million, above analysts' estimate of $237.2 million- data compiled by LSEG** Q1 core profit of $244 million beats estimates of $229.4 million** Co s...Reuters
Thu, May 1
Stocks
Apple slips, quarterly results edge past estimates
** Shares of iPhone-maker Apple AAPL.O slip 2.2% to $208.60 in extended trading** Reports fiscal Q2 revenue of $95.36 bln vs est. of $94.68 bln — LSEG** Posts iPhone sales of 46.84 bln in Jan-March period vs est. of $46.17 bln** Apple reports fiscal Q2 sales in Greater China region of $16 bln vs. es...Reuters
Thu, May 1
Stocks
Why Dominion Energy Stock Edged Higher Today
Some investors were energized by Dominion Energy's (NYSE: D) latest earnings report, which was published before market open on Thursday. The lightly positive reaction to the gas and electric utility company's performance boosted its stock price, which closed the day nearly 1% higher. That was lofty ...The Motley Fool
Thu, May 1
Commodities
Albemarle CEO says 'math doesn't work' for US lithium refinery project
Lithium price too low to build U.S. lithium refineryCEO says governments will need to support industryAlbemarle doesn't have 'war chest' for M&AAuctions for lithium paused, may soon resumeBy Ernest Scheyder May 1 (Reuters) - Albemarle's ALB.N stalled plans to build the largest...Reuters
Thu, May 1
Technical Analysis
Solana and Litecoin Price Prediction: SOL shows bearish signs, LTC approaches key resistance
Solana (SOL) saw a 3% gain and Litecoin (LTC) rose 6% on Thursday following a market-wide recovery across cryptocurrencies. On-chain and technical indicators of the two altcoins show key price levels to watch out for as the market recovers.
Stocks
Live Nation posts lower-than-expected first quarter revenue
May 1 (Reuters) - Ticketmaster-parent Live Nation Entertainment LYV.N missed Wall Street estimates for first-quarter revenue on Thursday, hurt by higher concert ticket prices amid economic uncertainty.Consumers are reducing discretionary spending due to high inflation and recession fears, affecting ...Reuters
Thu, May 1
