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Economic Indicator
Fed's Bostic: Leaning towards one cut this year with more concern about inflation than jobs - CNBC
AMELIA ISLAND, May 19 (Reuters) - Atlanta Fed president Raphael Bostic said on Monday the central bank may only be able to cut interest rates by a quarter point over the rest of the year given concerns about rising inflation stoked by higher import taxes.Progress in returning inflation to the Fed...Reuters
Mon, May 19
Stocks
On the Eve of COMPUTEX, NVIDIA Unveils NVLink Fusion to Unlock the Global AI Computing 'Acceleration Code’
TradingKey - On the eve of the Taipei International Computer Show (COMPUTEX 2025), American chip giant NVIDIA (NVDA) announced on Monday that it will open its proprietary chip interconnect technology, NVLink Fusion, to other chip design companies.
TradingKey
Mon, May 19
Other
Elbit Systems signs $55 million Israeli helicopter protection systems deal
TEL AVIV, May 19 (Reuters) - Israel has signed a five-year $55 million contract with Elbit Systems ESLT.TA, ESLT.O for advanced protection systems for the Air Force's Black Hawk and Apache combat helicopters, the defence ministry said on Monday.The project includes technology to ensure maximum p...Reuters
Mon, May 19
Other
Sanmina Announces Acquisition Of Data Center Infrastructure Manufacturing Business Of ZT Systems From AMD
May 19 (Reuters) - Advanced Micro Devices Inc AMD.O:SANMINA ANNOUNCES ACQUISITION OF DATA CENTER INFRASTRUCTURE MANUFACTURING BUSINESS OF ZT SYSTEMS FROM AMDADVANCED MICRO DEVICES INC - DEAL VALUED UP TO $3 BILLION INCLUDING CONTINGENT CONSIDERATIONADVANCED MICRO DEVICES INC - ZT SYSTEMS ANNUAL NET ...Reuters
Mon, May 19
Other
Altimmune Announces Initiation of RECLAIM Phase 2 Trial Evaluating the Efficacy and Safety of Pemvidutide in Alcohol Use Disorder
May 19 (Reuters) - Altimmune Inc ALT.O:ALTIMMUNE ANNOUNCES INITIATION OF RECLAIM PHASE 2 TRIAL EVALUATING THE EFFICACY AND SAFETY OF PEMVIDUTIDE IN ALCOHOL USE DISORDER (AUD)ALTIMMUNE INC - IMPACT PHASE 2B TRIAL TOPLINE DATA EXPECTED IN Q2 2025ALTIMMUNE INC - PHASE 2 TRIAL IN ALD TO INITIATE ENROLLM...Reuters
Mon, May 19
Indices
US Dollar faces selling pressure after Moody’s US downgrade
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is on the back foot on Monday and trades around 100.40 at the time of writing. The DXY is undergoing some selling pressure with the Greenback losing some support and trust in markets again.Fxstreet
Mon, May 19
Stocks
Infosys a Top 100 Global Brand for 2025. Achieves 34% Brand Value Surge, Ranks among the Top 5% of Most Trusted Brands in the U.S.
BENGALURU, India, May 19, 2025 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has been ranked, for the fourth consecutive year, among the 100 most valuable brands in the world, according t...PR Newswire
Mon, May 19
Commodities
GRAINS-Soybean prices rebound, improved US weather limits upside
Soybeans up after falls late last week, bargain buying supportsWheat firms on worries over Chinese crop conditions; corn risesBy Michael Hogan HAMBURG, May 19 (Reuters) - Chicago soybeans, corn and wheat rose on Monday, supported by a weaker dollar which makes U.S. supplies cheaper in export mark...Reuters
Mon, May 19
Other
Sanmina to buy ZT Systems' manufacturing business from AMD in $3 billion deal
May 19 (Reuters) - Sanmina SANM.O said on Monday it has entered into an agreement to acquire the data center infrastructure manufacturing business of ZT Systems from chipmaker AMD AMD.O in a deal valued at about $3 billion.AMD had earlier acquired ZT Systems.Reuters
Mon, May 19
Other
Klarna swings to $3 mln adjusted profit in Q1
COPENHAGEN, May 19 (Reuters) - Swedish fintech Klarna, which last month paused plans for an initial public offering, reported a first-quarter adjusted profit of $3 million on Monday, lifted by growing volumes in the United States and efficiency gains from artificial intelligence.Klarna's compara...Reuters
Mon, May 19
Stocks
Qorvo nominates Starboard's Peter Feld to board, ends boardroom battle
May 19 (Reuters) - Chipmaker Qorvo QRVO.O said on Monday it will nominate activist investor Starboard Value's managing member Peter Feld to its board, ending a boardroom battle as the Apple AAPL.O supplier's stock shows signs of recovery. Stiff competition and a shift in demand towards entry...Reuters
Mon, May 19
Stocks
U.S. STOCKS ON THE MOVE-Novavax, gold miners, TXNM Energy
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures fell on Monday, while Treasury yields rose after ratings agency Moody's downgraded the country's sovereign rating by one notch, bringing forward concerns aro...Reuters
Mon, May 19
Economic Indicator
Fed's Bostic: Inflation not moving to target as fast as anticipated
In an interview with CNBC on Monday, Atlanta Federal Reserve (Fed) President Raphael Bostic said that inflation is not moving to target as fast as anticipated and reiterated that he leans toward only one rate cut this year because it will take time to understand the impact of tariffs, per Reuters.Fxstreet
Mon, May 19
Stocks
2 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade
It isn't easy to assess where a rapidly changing industry like artificial intelligence (AI) will be a decade from now. However, I think I've pinpointed two stocks at the forefront of the AI arms race that will be fine 10 years later.Meta Platforms (NASDAQ: META) and Taiwan Semiconductor Manufacturin...The Motley Fool
Mon, May 19
Commodities
RPT-COLUMN-Funds get short CBOT corn but ink record bullish oilshare bets: Braun
By Karen Braun NAPERVILLE, Illinois, May 18 (Reuters) - Speculators sold significantly more Chicago corn than expected last week, establishing their first bearish stance on the yellow grain in nearly seven months.However, funds’ massive CBOT soybean meal short combined with their building bullish...Reuters
Mon, May 19
Other
Zai Lab Receives U.S. FDA Fast Track Designation For Zl-1310, A Dll3-Targeted Antibody-Drug Conjugate, For Treatment Of Extensive-Stage Small Cell Lung Cancer
May 19 (Reuters) - Zai Lab Ltd 9688.HK:ZAI LAB RECEIVES U.S. FDA FAST TRACK DESIGNATION FOR ZL-1310, A DLL3-TARGETED ANTIBODY-DRUG CONJUGATE, FOR TREATMENT OF EXTENSIVE-STAGE SMALL CELL LUNG CANCERZAI LAB LTD - TO INITIATE PIVOTAL STUDY FOR ZL-1310 IN 2025Reuters
Mon, May 19
