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Cryptocurrencies
Elon Musk to cut Federal Reserve’s spending after $2.5B design bill surfaces
Elon Musk said Wednesday he’s considering sending his federal efficiency unit to investigate the Federal Reserve after discovering the central bank is spending $2.5 billion on its headquarters renovation in Washington, DC. Elon made the statement inside the White House’s Roosevelt Room, where he told reporters: “Since at the end of the day, this is […]Cryptopolitan
Thu, May 1
Other
Motor racing-Sprint format makes Miami a hotter ticket
By Alan Baldwin May 1 (Reuters) - Miami Grand Prix President Tyler Epp speaks with the enthusiasm of a convert as the circuit around the Hard Rock Stadium prepares to host a Formula One sprint race for the second year in a row this weekend.Last season he had some doubts about the format, with its...Reuters
Thu, May 1
Stocks
Planning to Retire in 2030? Read This Before You Collect Your First Social Security Check.
If you're planning to retire within the next five to 10 years and are thinking about where Social Security fits into your retirement strategy, you're already ahead of the game. By understanding how Social Security is calculated, how early or late retirement can impact your monthly benefit, and how t...The Motley Fool
Thu, May 1
Other
South Korea's finance chief Choi Sang-mok retakes charge of the country
South Korea's acting leader Han Duck-soo resigns from roleFM Choi Sang-mok takes triple role as acting president, PMOfficials say Choi is disgruntled about taking roles amid political crisis, trade war By Cynthia Kim SEOUL, May 1 (Reuters) - In the latest twist and turn to South Korea's p...Reuters
Thu, May 1
Other
Coalition launches Allianz backed active cyber insurance in Nordics
By Michael JonesMay 1 - (The Insurer) - Coalition has launched its Allianz Commercial-backed active cyber insurance in the Nordic region, the company said on Thursday.Coalition said the product is available from May 1 in Denmark and in Sweden from May 8 through its subsidiary Coalition Insurance Sol...Reuters
Thu, May 1
Stocks
Opera Shares Jump as Forecast Is Music to Investors' Ears. But Is It Too Late to Buy the Stock?
Shares of Opera (NASDAQ: OPRA) rose after the web browser operator saw a huge jump in revenue and issued upbeat guidance. While the stock is down year to date, its shares are up more than 20% over the past year.For those unfamiliar with Opera, the company operates a portfolio of web and mobile brows...The Motley Fool
Thu, May 1
Stocks
1 Beaten-Down Stock to Buy and Hold for 10 Years
Viking Therapeutics (NASDAQ: VKTX) was one of the hottest biotech stocks of 2024; its shares soared last year following excellent clinical progress. However, things have been very different in 2025, at least so far: Its stock is down by 35% year to date due to a combination of factors.Should you ste...The Motley Fool
Thu, May 1
Stocks
Unfortunate News for Tesla Stock Investors
Tesla's (NASDAQ: TSLA) margins are likely to move lower as the full impact of tariffs increases costs.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
Here's How Tariffs Could Affect This Industry Giant. Should Investors Be Worried?
Trade tensions between the U.S. and China are threatening to disrupt spending by American consumers. Retailers heavily depend on imported Chinese goods, which could skyrocket in price amid tariffs if the two countries fail to negotiate and reach a trade deal soon.According to research by The Motley ...The Motley Fool
Thu, May 1
Other
Ukraine's foreign minister says minerals deal with US is milestone in bilateral relations
May 1 (Reuters) - Ukraine's Foreign Minister Andrii Sybiha said on Thursday a minerals deal signed with the United States "marks an important milestone in Ukraine–U.S. strategic partnership aimed at strengthening Ukraine's economy and security".Reuters
Thu, May 1
Stocks
US STOCKS-US stock index futures bounce as Microsoft, Meta jump after results
Futures up: Dow 0.72%, S&P 500 1.19%, Nasdaq 1.67% May 1 (Reuters) - U.S. stock index futures jumped on Thursday as shares of Microsoft and Meta Platforms surged after strong quarterly results from both the Magnificent Seven heavyweights pointed to a still-strong outlook for the technology se...Reuters
Thu, May 1
Cryptocurrencies
Singapore Gulf Bank launches clearing network for digital asset firms
Singapore Gulf Bank, a digital bank licensed by the Central Bank of Bahrain, launched a real-time currency clearing network designed to support digital asset firms. On May 1, the bank launched SGB Net, a multi-currency clearing network. SGB Net enables zero-fee transfers at any time of day and aims to bypass many of the constraints […]Cryptopolitan
Thu, May 1
Stocks
LIVE MARKETS-'The sooner, the better' for BoE to cut base rate to 3.5% - MS
FTSE down flat, other bourses shutInvestors cheer to US-Ukraine dealBullish updates from Microsoft, Meta Nasdaq futures up 1.8%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com'THE...Reuters
Thu, May 1
Stocks
Here's Why I'm Staying Away from Super Micro Stock
Artificial intelligence (AI) server manufacturer Super Micro Computer (NASDAQ: SMCI) regained compliance with the Nasdaq exchange earlier this year by filing its outstanding quarterly and annual financial reports. The company delayed filing its annual 10-K report last year due to issues with interna...The Motley Fool
Thu, May 1
Cryptocurrencies
Mike Novogratz's Galaxy Digital eyes listing on Nasdaq pending shareholder approval
Galaxy Digital Holdings Ltd., a leading digital asset fund manager under the leadership of CEO and founder Mike Novogratz, said on Wednesday that it intends to list on the Nasdaq Global Select Market on May 16.
Fxstreet
Thu, May 1
Stocks
Why United Airlines Stock Lost Altitude Wednesday
Investors didn't seem all that willing to board United Airlines (NASDAQ: UAL) stock on Hump Day, following speculation that it might be trying to partner with a peer carrier. The company's shares traded down marginally in consequence, on a day when the bellwether S&P 500 index landed slightly in pos...The Motley Fool
Thu, May 1
Other
Citigroup Hires Robert Lighthizer, Trump's Former Trade Czar - WSJ
May 1 (Reuters) - CITIGROUP HIRES ROBERT LIGHTHIZER, TRUMP’S FORMER TRADE CZAR - WSJCITIGROUP HIRED ROBERT LIGHTHIZER, TRUMP’S FORMER TRADE CHIEF, AS A SENIOR ADVISER ON GLOBAL TRADE - WSJSource text: https://tinyurl.com/3xbmb22aReuters
Thu, May 1
