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Estee Lauder posts smaller-than-expected drop in quarterly sales
May 1 (Reuters) - Cosmetics giant Estee Lauder EL.N posted a smaller-than-expected drop in third-quarter sales on Thursday, supported by resilient demand for its fragrances and haircare even as the broader makeup and beauty category underperformed.The MAC lipstick maker's net sales fell 10% to $...Reuters
Thu, May 1
Forex
Bio-polymer maker Itaconix to hike some prices, cut costs to mitigate tariff hit
May 1 (Reuters) - Specialty chemicals company Itaconix ITXI.L said on Thursday it would implement selective price increases and look at cutting supply chain costs to offset the impacts of proposed U.S. tariffs, which are expected to raise production expenses.The developer of sustainable, bio-based p...Reuters
Thu, May 1
Other
Australia's WiseTech discloses role in US cloud firm E2open's strategic review
May 1 (Reuters) - WiseTech Global WTC.AX, one of Australia’s top-listed tech firms, confirmed on Thursday that it is participating in a strategic review of U.S.-based cloud logistics company E2open ETWO.N, following media speculation around a potential buyout.The Australian Financial Review has repo...Reuters
Thu, May 1
Technical Analysis
USD: US economy contracts ahead of nonfarm payrolls report – MUFG
The US dollar has continued to rebound ahead of tomorrow’s nonfarm payrolls report for April. It has resulted in the dollar index rising back above the 100.00-level overnight although US dollar gains are mainly against the yen.
Fxstreet
Thu, May 1
Cryptocurrencies
Bitcoin Sentiment Nearly Back To Neutral—Green Sign For Rally?
Data shows the Bitcoin Fear & Greed Index is close to the neutral territory again, a sign that market sentiment has seen a cooldown. Bitcoin Fear & Greed Index Is Now Close To Edge Of Greed Territory The “Fear & Greed Index” is an indicator created by Alternativethat tells us...NewsBTC
Thu, May 1
Cryptocurrencies
Whales Accumulate 43,100 Bitcoin In Two Weeks – Major Move Incoming?
Bitcoin is up 28% from its April low, showing renewed strength as it continues to trade near the $95,000 mark. Bulls are firmly in control after weeks of steady gains, but momentum is beginning to slow. Price action at current levels suggests some exhaustion, and the market is now waiting for a clea...Bitcoinist
Thu, May 1
Stocks
I'd Recommend All Social Security Beneficiaries Make This 1 Move Now
It's been a confusing couple of months for Social Security beneficiaries. You've probably had to adjust to the Trump administration's new rule changes only to see some of those new rules walked back a few weeks later.Wait times for phone support can eat up more than an hour of your day while it can ...The Motley Fool
Thu, May 1
Stocks
SoFi Stock Analysis: Buy, Hold, or Sell After Excellent Earnings Results?
SoFi Technologies (NASDAQ: SOFI) delivered better-than-expected results for the first quarter of 2025.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of April 28, 2025...The Motley Fool
Thu, May 1
Stocks
Should Investors Buy T-Mobile Stock on the Dip?
Telecommunications companies are preparing to increase prices on devices and accessories to offset tariff cost increases.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon price...The Motley Fool
Thu, May 1
Stocks
Is Target Stock Too Cheap to Pass Up?
Target (NYSE: TGT) has withstood pressure from online retail and other big box retailers while leveraging its footprint to provide convenient products for customers. But investors haven't put much value on the stock, which is trading at just 11x earnings, which may be a steal long-term.*Stock prices...The Motley Fool
Thu, May 1
Commodities
INSIGHT-Pentagon's AI metals program goes private in bid to boost Western supply deals
AI model aims to promote deals by offering more certainty on future pricingPentagon will continue to fund the AI program through at least 2029More than 30 companies have joined non-profit Critical Minerals ForumBy Ernest Scheyder May 1 (Reuters) - A U.S. government-created artificial intelligence...Reuters
Thu, May 1
Other
PREVIEW-Berkshire outguns market as Buffett reaches 60 years in charge
Cash stake provides bufferTrump tariffs could weigh on Berkshire businessesBerkshire outperformance resembles earlier eraBy Jonathan Stempel OMAHA, Nebraska, May 1 (Reuters) - Berkshire Hathaway BRKa.N has held up well in a rocky year for stocks, and shareholders this weekend will be seeking reas...Reuters
Thu, May 1
Other
FACTBOX-Warren Buffett and Berkshire Hathaway at a glance
By Jonathan StempelOMAHA, Nebraska, May 1 (Reuters) - Tens of thousands of people will descend on Omaha, Nebraska, to attend the annual shareholder weekend for billionaire Warren Buffett's Berkshire Hathaway BRKa.N.Buffett, 94, is expected to answer shareholder questions over four and a half hou...Reuters
Thu, May 1
Other
Horse racing-Baffert returns to Kentucky Derby after ban, Journalism hot favourite
By Amy TenneryNEW YORK, May 1 (Reuters) - The crown jewel of American horse racing will welcome back the sport's most famous trainer at the Kentucky Derby this year, as Bob Baffert returns from a three-year ban, while heavy favourite Journalism hopes to make some headlines of his own.Two Baffert...Reuters
Thu, May 1
Commodities
IN CASE YOU MISSED IT–Schedule of Reuters features from this week
May 1 - Every week, Reuters journalists produce scores of multimedia features and human-interest stories from around the world.Below are some stories from this week selected by our editors, as well as explanatory context and background to help you understand world headlines. For a full schedule of n...Reuters
Thu, May 1
Stocks
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025May 6-7 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)June 17-18 (second day: statement released 1400 EDT/1800 ...Reuters
Thu, May 1
Other
New CEO at Buffett's HomeServices says buyers, sellers can handle tariffs, changes
Buyers, sellers more cautious as rates, economy fluctuateCEO Kelly says home listings benefit from wider exposureKelly reports to Buffett heir apparent Greg AbelBy Jonathan Stempel OMAHA, Nebraska, May 1 (Reuters) - The new chief executive of Berkshire Hathaway's BRKa.N HomeServices of Americ...Reuters
Thu, May 1
Commodities
Venezuela loses 20% of oil exports after cargo cancellations to Chevron
May 1 (Reuters) - Venezuela's oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level in nine months, as cargo cancellations to U.S.-based producer Chevron CVX.N forced ships to return and left some ports empty, ship tracking data and documents showed.Venezue...Reuters
Thu, May 1
Other
Big Tech's fortunes diverge as AI powers cloud, tariffs hit consumer electronics
AI boosts Microsoft and Alphabet earnings amid trade warConsumer electronics face tariff-strains, impacting Apple and AmazonSamsung and Qualcomm warn of growing demand uncertaintiesMicrosoft's AI-driven Azure growth boosts investor confidenceBy Aditya Soni and Deborah Mary Sophia May 1 (Reute...Reuters
Thu, May 1
Other
Judge in Meta case weighs key question for AI copyright lawsuits
By Blake Brittain May 1 (Reuters) - A federal judge in San Francisco will hear arguments on Thursday from Meta Platforms META.O and a group of authors in the first court hearing over a pivotal question in high-stakes copyright cases over AI training.U.S. District Judge Vince Chhabria will conside...Reuters
Thu, May 1
