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North Dakota oil producers plan to drop rigs due to weaker prices, state regulator says
HOUSTON, May 16 (Reuters) - Oil and gas operators in North Dakota have indicated they plan to drop rigs due to weaker oil prices, Nathan Anderson, director of the state's Department of Mineral Resources said on Friday.Reuters
Fri, May 16
Commodities
CBOT soybeans steady after plunging in previous session
CHICAGO, May 16 (Reuters) - Chicago Board of Trade soybean futures steadied on Friday after tumbling on Thursday as sliding soyoil futures pulled the soy complex lower.Soyoil futures continued to grind lower on Friday after plunging to their daily limit in the previous session as uncertainty over a ...Reuters
Fri, May 16
Commodities
ICE canola futures end higher, led by front-month July
May 16 (Reuters) - ICE canola futures closed higher on Friday, led by the nearby July contract on tightening supplies of last year's harvest amid brisk export demand, along with bargain-buying following a two-session slide, traders said.• July canola RSN5 settled up $8.30 at $702.70 per metric t...Reuters
Fri, May 16
Stocks
US STOCKS-Wall Street set for weekly gains on trade deal, weak data curbs enthusiasm
Indexes up: Dow 0.67%, S&P 500 0.52%, Nasdaq 0.33%Charter Communications rises after co to buy Cox CommunicationsU. Mitch Consumer Sentiment Index at 50.8 vs 53.4 estimateApplied Materials falls after Q2 revenue miss By Sinéad Carew and Pranav Kashyap May 16 (Reuters) - Wall Street's main...Reuters
Fri, May 16
Other
OpenAI to help UAE develop one of world's biggest data centers, Bloomberg News reports
May 16 (Reuters) - Microsoft-backed MSFT.O OpenAI plans to help develop a large new data center in the United Arab Emirates that may eventually be one of the largest in the world, Bloomberg News reported on Friday.Reuters
Fri, May 16
Commodities
CBOT corn falls on good growing conditions in US Corn Belt
CHICAGO, May 16 (Reuters) - Chicago Board of Trade corn futures sank on Friday on ideal growing and planting conditions in the U.S. Midwest, traders said.Rains in the Midwest are set to expand from Sunday through Wednesday to recharge moisture supplies and aid crop growth, according to Commodity Wea...Reuters
Fri, May 16
Stocks
Fold Holdings Inc reports results for the quarter ended March 31 - Earnings Summary
Fold Holdings Inc FLD.OQ reported a quarterly adjusted loss of 22 cents per share for the quarter ended March 31. The lone analyst forecast for the quarter was for a loss of 10 cents per share. Revenue was $7.09 million; analysts expected $8.40 million. Fold Holdings Inc's reported EPS for t...Reuters
Fri, May 16
Stocks
Why New Fortress Energy Stock Imploded This Week
Shares of New Fortress Energy (NASDAQ: NFE) were in free fall this week. The company's stock plummeted 62.7% as of 1:55 p.m. on Friday. The collapse came as the S&P 500 and the Nasdaq Composite both saw major gains.The liquefied natural gas (LNG) company reported its first-quarter numbers this week,...The Motley Fool
Fri, May 16
Stocks
Ondas Holdings Inc reports results for the quarter ended March 31 - Earnings Summary
Ondas Holdings Inc ONDS.OQ reported a quarterly adjusted loss of 15 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -17 cents. The mean expectation of five analysts for the quarter was for a loss of 10 cents per share. Wall ...Reuters
Fri, May 16
Stocks
Siyata Mobile Inc reports results for the quarter ended March 31 - Earnings Summary
Siyata Mobile Inc SYTA.OQ reported a quarterly adjusted loss of $2.23 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-882.00. The lone analyst forecast for the quarter was for a loss of $2.48 per share. Revenue rose 4.7% to $2.4...Reuters
Fri, May 16
Other
OpenAI To Help UAE Develop One Of World's Biggest Data Centers - Bloomberg News
May 16 (Reuters) - OPENAI TO HELP UAE DEVELOP ONE OF WORLD’S BIGGEST DATA CENTERS - BLOOMBERG NEWSOPENAI IS EXPECTED TO BE ONE OF THE PRIMARY ANCHOR TENANTS FOR A RECENTLY ANNOUNCED 5-GIGAWATT DATA CENTER CAMPUS IN ABU DHABI- BLOOMBERG NEWSSource text: https://tinyurl.com/ytyc4bdmReuters
Fri, May 16
Stocks
Virgin Galactic's stock goes ballistic, up 76%
** Shares of Virgin Galactic Holdings SPCE.N surge 76%, after the space company said late on Thursday it was keeping pace with plans to relaunch commercial spaceflights by the summer of 2026** SPCE on track for largest single-day pct gain since its 2019 stock listing via a blank-check company** SPCE...Reuters
Fri, May 16
Economic Indicator
What to Watch in the Week Ahead and on Monday, May 19
ON MONDAYJPMorgan Chase is scheduled to hold its investor day, where key executives will highlight the bank's growth strategies. Federal Reserve Bank of Atlanta President Raphael Bostic is expected to give welcome remarks and moderate a discussion before the 2025 Financial Markets Conference - &...Reuters
Fri, May 16
Other
Mexican indicted in US in first after cartel designated as terrorist group
MEXICO CITY, May 16 (Reuters) - A 39-year-old woman is the first Mexican national to be indicted in the United States on charges of providing material support to a cartel designated as a foreign terrorist organization, the U.S. Department of Justice said on Friday, citing Texas court documents.Maria...Reuters
Fri, May 16
Other
NJ Rail Transit Service Suspended Due To Ongoing Strike By Locomotive Engineers
May 16 (Reuters) - JetBlue Airways Corp JBLU.O:JETBLUE AIRWAYS: DUE TO AN ONGOING STRIKE BY LOCOMOTIVE ENGINEERS REPRESENTED BY BLET, ALL NJ TRANSIT RAIL SERVICE IS CURRENTLY SUSPENDEDSource text: [ID:]Reuters
Fri, May 16
Other
'Non-starter' Ukraine talks renew call for US sanctions bill
By Patricia Zengerle WASHINGTON, May 16 (Reuters) - U.S. senators renewed calls on Friday for Congress to pass sanctions on Russia after Russia-Ukraine ceasefire talks showed little progress, but no votes were scheduled on bills introduced six weeks ago aimed at pressuring Moscow to negotiate ser...Reuters
Fri, May 16
Other
Athletics-Clayton twins shine in Diamond League 100m, Tebogo wins 200m by a whisker
Tia Clayton beats twin sister in women's 100mTebogo wins 200m by 0.01 secondsWeber beats Chopra in javelin as both clear 90mDOHA, May 16 (Reuters) - Jamaica's Tia Clayton edged her twin sister Tina Clayton in the women's 100 metres at the Doha Diamond League meet on Friday while Olympic ...Reuters
Fri, May 16
Other
Resilience expands in Germany and Austria with Mairhofer hire
By Michael JonesMay 16 - (The Insurer) - Resilience has expanded its European insurance operations to Germany and Austria, hiring Thorsten Mairhofer as head of the region, the company said on Tuesday.The company will offer cyber insurance and technology errors and omissions solutions for companies w...Reuters
Fri, May 16
Other
FLOWSERVE - JOHN GARRISON ASSUMES ROLE OF INDEPENDENT CHAIR
May 16 (Reuters) - Flowserve Corp FLS.N:FLOWSERVE - DAVID ROBERTS DID NOT STAND FOR RE-ELECTION; JOHN GARRISON ASSUMES ROLE OF INDEPENDENT CHAIRFLOWSERVE ANNOUNCES RESULTS OF 2025 ANNUAL MEETING OF SHAREHOLDERS AND QUARTERLY DIVIDENDReuters
Fri, May 16
