News
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Cryptocurrencies
Visa to Introduce First Stablecoin Cards Soon. This Crypto Wallet Token Could Explode
Payments giant Visa is transforming finance by partnering with Stripe’s Bridge to pilot stablecoin-linked cards in Latin America. The push towards real-world crypto utility aligns with the vision for Best Wallet Token’s ($BEST) ecosystem, particularly its planned Best Card feature designed for seaml...Bitcoinist
Thu, May 1
Commodities
Hershey posts robust quarterly results on North America snacks demand
May 1 (Reuters) - Hershey HSY.N posted a smaller-than-expected drop in sales for the first quarter and beat profit estimates on Thursday, helped by steady demand for its salty snacks business in North America.Sales in Hershey's North America snack business, home to Dot's pretzels and SkinnyP...Reuters
Thu, May 1
Stocks
America Movil SAB de CV reports results for the quarter ended March 31 - Earnings Summary
America Movil SAB de CV AMX.N reported quarterly adjusted earnings of 30 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 26 cents. The mean expectation of five analysts for the quarter was for earnings of 29 cents per share....Reuters
Thu, May 1
Technical Analysis
JPY pushes lower by dovish BoJ pulling back on tightening clarity – Scotiabank
The Japanese Yen (JPY) is weak, down 0.9% against the US Dollar (USD) and underperforming all the G10 currencies in response to the BoJ’s latest policy meeting, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Thu, May 1
Technical Analysis
GBP quiet despite improvement in manufacturing PMI – Scotiabank
The Pound Sterling (GBP) is entering Thursday’s NA session flat against the US Dollar (USD), outperforming all the G10 currencies with the exception of Euro (EUR), Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Thu, May 1
Other
RPT-Canada's Northern Graphite plans to put Quebec mine on care and maintenance
Northern Graphite seeks C$10 million to expand Lac de Iles mineChina's export controls on graphite increase supply uncertaintyNorthern Graphite says if it receives funding the mine could be in production for another 8 yearsBy Divya RajagopalMay 1 (Reuters) - Canadian miner Northern Graphite will...Reuters
Thu, May 1
Stocks
CVS Caremark deal boosts Novo Nordisk's shares
** Shares in Novo Nordisk NOVOb.CO are up 6.5% after CVS Health CVS.N said it would retain the Danish pharma group's Wegovy drug as a preferred product in its list of drugs eligible for reimbursement in the U.S.** CVS' pharmacy benefit management unit also plans to drop Eli Lilly's LLY.N...Reuters
Thu, May 1
Commodities
US-Ukraine minerals deal is economic partnership, signal to Russia, Bessent says
WASHINGTON, May 1 (Reuters) - The U.S.-Ukraine minerals deal is a full economic partnership that will allow President Donald Trump to negotiate with Russia on a stronger basis, Treasury Secretary Scott Bessent said on Thursday.The deal, signed on Wednesday, will give the United States preferential a...Reuters
Thu, May 1
Cryptocurrencies
Galaxy Digital Plans Nasdaq Listing and Metaplanet Raises $250M for its Bitcoin Strategy, Fueling Presales like BTC Bull Token
Presales like BTC Bull Token ($BTCBULL) may surge as Galaxy Digital plans a Nasdaq listing on May 16, with the shareholders’ meeting set for May 9. Mike Novogratz, Galaxy Digital CEO and founder, broke the news yesterday on Galaxy’s Newsroom, stating that the move would be ‘value enhancing to the co...Bitcoinist
Thu, May 1
Technical Analysis
CAD slips modestly on firmer USD – Scotiabank
The Canadian Dollar (CAD) has slipped a little overnight after briefly probing sub-1.38 levels late yesterday. President Trump commented that PM Carney will visit Washington shortly and anticipated a 'great relationship' with Canada, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Thu, May 1
Other
Mastercard first-quarter profit rises as consumer spending holds up
May 1 (Reuters) - Mastercard MA.N reported a jump in first-quarter profit on Thursday on the back of resilient spending in its card network, despite economic uncertainty sparked by a global trade war.Profit rose to $3.3 billion, or $3.59 per share, in the three months ended March 31, from $3 billion...Reuters
Thu, May 1
Other
Ametek's quarterly profit rises on strong sales at electromechanical unit
May 1 (Reuters) - Industrial tools maker Ametek Inc AME.N on Thursday reported a modest uptick in first-quarter earnings, aided by robust sales and order growth at its electromechanical business.The Berwyn, Pennsylvania-based company expects to weather the tariff-led macroeconomic environment with a...Reuters
Thu, May 1
Stocks
Howmet Aerospace Inc reports results for the quarter ended March 31 - Earnings Summary
Howmet Aerospace Inc HWM.N reported quarterly adjusted earnings of 86 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 57 cents. The mean expectation of twenty analysts for the quarter was for earnings of 78 cents per share. ...Reuters
Thu, May 1
Other
Tunisia leader's opponents, supporters stage rival rallies in sharp political split
By Tarek Amara TUNIS, May 1 (Reuters) - Opponents of Tunisian President Kais Saied protested on the streets of Tunis on Thursday, accusing him of using the judiciary and police to suppress critics, while his supporters held a counter-rally, highlighting a deepening political divide.The anti-Saied...Reuters
Thu, May 1
Economic Indicator
US Treasury Sec. Bessent: Two-year yields below federal funds rate is signal that Fed should cut rates
United States (US) Treasury Secretary Scott Bessent told Fox Business Network on Thursday the fact that the two-year US Treasury bond yield is below the federal funds rate is a signal that the Federal Reserve (Fed) should cut rates, per Reuters.Fxstreet
Thu, May 1
Other
Iran accuses U.S. of 'provocative statements' ahead of nuclear talks
DUBAI, May 1 (Reuters) - Iran accused the United States on Thursday of "contradictory behaviour and provocative statements" after Washington warned Tehran of consequences for backing Yemen's Houthis and imposed new oil-related sanctions on it in the midst of nuclear talks.Washington and ...Reuters
Thu, May 1
Other
Roblox lifts annual bookings forecast as spending defies tariff uncertainty
By Zaheer KachwalaMay 1 (Reuters) - Roblox RBLX.N raised its annual bookings forecast on Thursday and beat quarterly results estimates, a sign that spending on its vast library of user-generated videogames was holding up despite economic uncertainty driven by U.S. tariffs.The platform has aggressive...Reuters
Thu, May 1
Technical Analysis
EUR recovers from sub-1.13 dip in quiet labour day trade – Scotiabank
Euro (EUR) is entering Thursday’s NA session unchanged from Wednesday’s close, finding modest support following a short-lived dip below 1.1300, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Thu, May 1
Stocks
Here's What Investors Should Know About Ford Stock
Ford (NYSE: F) likely needs no introduction among the investment community. It's a storied company that has been a major part of the U.S. economy for quite some time, known for its popular trucks and SUVs. Even today, as the industry slowly shifts to a more sustainable future, Ford is aiming to rema...The Motley Fool
Thu, May 1
