News
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Cryptocurrencies
Coinbase Sees Major Bitcoin Withdrawals as Binance Derivatives Activity Rebounds
Bitcoin is trading above $95,000, moving closer to the psychologically significant $100,000 price level. This recovery follows several weeks of steady gains, although the asset remains approximately 12.6% below its all-time high recorded in January. Some analysts are now focusing on underlying trend...NewsBTC
Thu, May 1
Cryptocurrencies
Cardano Founder Predicts ‘Ethereum’s Death’ In The Next 10-15 Years, Could This Emerging Token Be Set To Substitute It?
The founder of Cardano Charles Hoskinson has generating market-wide attention by predicting that Ethereum will permanently disappear between 10 to 15 years. During a virtual AMA session on April 23 the founder stated that scaling difficulties and governance problems represent insurmountable obstacles for Ethereum’s survival. The creator of Cardano Hoskinson declared users are shifting toward […]Cryptopolitan
Thu, May 1
Stocks
This Company Just Bought $1.4 Billion of Bitcoin. Should You?
Strategy (NASDAQ: MSTR) just bought more than $1.4 billion of Bitcoin on April 28 (CRYPTO: BTC), and it isn't the first time. With such a purchase, the company is sending an unambiguous signal that it thinks the coin's value is going to continue increasing.But that doesn't mean you should follow in ...The Motley Fool
Thu, May 1
Economic Indicator
US announced job cuts decline in April, recruitment firm Challenger says
WASHINGTON, May 1 (Reuters) - Layoffs announced by U.S. employers dropped in April, but companies remained resistant to boost hiring amid an uncertain economic outlook because of tariffs.Global outplacement firm Challenger, Gray & Christmas said on Thursday that planned job cuts fell 62% to 105,...Reuters
Thu, May 1
Stocks
US STOCKS-US stock futures jump as Microsoft, Meta climb after results
Futures up: Dow 0.80%, S&P 500 1.24%, Nasdaq 1.83%General Motors gains after offering new forecastMcDonald's slips after surprise drop in Q1 salesBy Lisa Pauline Mattackal and Purvi Agarwal May 1 (Reuters) - U.S. stock index futures rose on Thursday, powered by Magnificent Seven heavyweig...Reuters
Thu, May 1
Other
Rio Tinto shareholders reject call to review dual-listed structure
Just over 80% of shareholders voted against proposed reviewPalliser says it will keep engaging with shareholders to enable them to challenge leadershipRio chairman says board open-minded about all routes that maximise shareholders' valueBy Melanie Burton and Clara Denina MELBOURNE/LONDON, May...Reuters
Thu, May 1
Other
Quanta beats quarterly profit estimates, raises annual profit forecast
May 1 (Reuters) - Energy contractor Quanta Services PWR.N beat first-quarter profit estimates and raised its annual forecast on Thursday, aided by sustained strength in demand for its infrastructure services.The ongoing power grid modernization and electrification in the U.S. and construction of dat...Reuters
Thu, May 1
Forex
FOREX-Yen slides as tariffs keep BOJ on hold, dollar steady
Yen sold as BOJ holds rates but cuts economic forecastsDollar is steadyFriday's US jobs data in focusMuch of Europe closed for May Day holidayBy Samuel Indyk and Tom Westbrook LONDON/SINGAPORE, May 1 (Reuters) - The yen slid on Thursday as the Bank of Japan (BOJ) lowered growth forecasts ...Reuters
Thu, May 1
Stocks
1 Stock-Split Stock to Buy Hand Over Fist in May and 1 to Avoid
The mere fact that a company recently executed a stock split isn't much of an investment thesis. The move neither creates nor destroys bottom-line profits or shareholder value -- it simply lowers the stock price by dividing the same business value into a larger number of equal slices.That being said...The Motley Fool
Thu, May 1
Commodities
US-Ukraine minerals deal economic partnership, signal to Russia, Bessent says
WASHINGTON, May 1 (Reuters) - The U.S.-Ukraine minerals deal is a full economic partnership that will that allow President Donald Trump to negotiate with Russia on a stronger basis, Treasury Secretary Scott Bessent said in an interview on Thursday.The deal will show "Russian leadership that ther...Reuters
Thu, May 1
Cryptocurrencies
Wall Street’s Morgan Stanley plans to bring crypto trading to its E*Trade platform
Morgan Stanley is preparing to roll out crypto trading on its E*Trade platform next year, in what would be the most aggressive move yet by a big American bank to let regular people buy coins like Bitcoin and Ether. The development was reported by Bloomberg, and people at the company say it’s still early, but […]Cryptopolitan
Thu, May 1
Other
CNH Industrial lowers annual profit forecast on softening equipment demand
May 1 (Reuters) - Farm and construction equipment maker CNH Industrial CNH.N on Thursday slashed its annual profit forecast, hurt by subdued demand for its machines amid economic uncertainty triggered by U.S. President Donald Trump's sweeping tariffs.Farm equipment demand has been subdued as fal...Reuters
Thu, May 1
Other
Howmet Aerospace lifts 2025 profit forecast on robust parts demand
May 1 (Reuters) - Howmet Aerospace HWM.N on Thursday raised its 2025 profit forecast on robust demand for the U.S. supplier's fasteners and other critical aircraft parts as planemakers try to produce more jets. The updated outlook, which includes current assumptions on tariff impacts, projects ...Reuters
Thu, May 1
Stocks
McDonald's down after surprise fall in quarterly global comparable sales
** McDonald's MCD.N shares fall 1.6% to $314.40 in premarket trading** Fast food giant posts surprise fall in Q1 global comparable sales as economic uncertainty hits demand for dining out** Q1 comparable sales in McDonald's biggest market, the United States, fell 3.6%, compared with analysts...Reuters
Thu, May 1
Stocks
Is the Vanguard Russell 2000 Index Fund ETF a Buy Now?
Investing can be super easy. Most of the time, it's hard to beat the wealth-building power of holding a simple S&P 500 (SNPINDEX: ^GSPC) index fund over the long haul. A low-fee exchange-traded fund (ETF) can do the job, such as the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) or the Vanguard S&P 500 ETF (...The Motley Fool
Thu, May 1
Stocks
What Is a Retirement Advisor and Why Do You Need One?
What would you do if you had a compound fracture? Would you prefer a general practitioner to treat it, or would you rather see a trained orthopedic surgeon? No matter how knowledgeable a general practitioner is, they don't have the additional training required to do surgery. The same is true of fina...The Motley Fool
Thu, May 1
Other
Mcdonald's Reports Q1 Adjusted Eps $2.67 Versus IBES Estimate $2.66
May 1 (Reuters) - McDonald's Corp MCD.N:Q1 ADJUSTED EPS $2.67 VERSUS IBES ESTIMATE $2.66Q1 GLOBAL COMPARABLE SALES DOWN 1% VERSUS IBES ESTIMATE OF RISE OF 0.95%Q1 US COMPARABLE SALES DOWN 3.6% VERSUS IBES ESTIMATE OF DOWN 0.54%Q1 SYSTEMWIDE SALES DECREASED 1%Q1 REVENUE $5.96 BILLION VERSUS IBES ...Reuters
Thu, May 1
