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Allurion Technologies Inc expected to post a loss of $8.58 a share - Earnings Preview
Allurion Technologies Inc ALUR.N, ALUR.K is expected to show a fall in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The Natick Massachusetts-based company is expected to report a 41.4% decrease in revenue to $5.5 million from $9.39 million a year ago, acco...Reuters
Mon, May 12
Other
Kremlin says Putin is serious about Ukraine peace talks but says no more
MOSCOW, May 12 (Reuters) - The Kremlin said on Monday that Russian President Vladimir Putin was serious about trying to find peace at talks he has proposed in Turkey but his spokesman said he could say no more about the talks after Ukraine demanded the Kremlin chief attend. Putin on Sunday ...Reuters
Mon, May 12
Forex
Sterling falls against dollar, firms versus euro, yen after US-China tariff deal
By Medha Singh May 12 (Reuters) - The pound slumped against a stronger dollar on Monday but firmed against the euro and yen as the United States and China temporarily cut reciprocal tariffs following negotiations over the weekend. The U.S. and China agreed to temporarily slash tariffs in a deal t...Reuters
Mon, May 12
Other
ATS Corp expected to post earnings of 37 cents a share - Earnings Preview
ATS Corp ATS.TO is expected to show a fall in quarterly revenue when it reports results on May 14 (estimated) for the period ending March 31 2025The Cambridge Ontario-based company is expected to report a 13.4% decrease in revenue to C$685.814 million from C$791.5 million a year ago, according to...Reuters
Mon, May 12
Other
ARS Pharmaceuticals Inc expected to post a loss of 35 cents a share - Earnings Preview
ARS Pharmaceuticals Inc SPRY.OQ SPRY.O is expected to show a rise in quarterly revenue when it reports results on May 14 for the period ending March 31 2025The San Diego California-based company is expected to report revenue of $7.482 million, according to the mean estimate from 6 analysts, based ...Reuters
Mon, May 12
Other
G Mining Ventures Corp expected to post earnings of 25 cents a share - Earnings Preview
G Mining Ventures Corp GMIN.TO is expected to report resultson May 14 for the period ending March 31 2025LSEG's mean analyst estimate for G Mining Ventures Corp is for earnings of 25 cents per share. The current average analyst rating on the shares is "buy" and the breakdown of recomme...Reuters
Mon, May 12
Stocks
Moleculin Biotech rises after EMA approves late-stage study of cancer therapy
** Shares of drug developer Moleculin Biotech MBRX.O rise 11.4% to $1.17 premarket** Co says European Medicines Agency (EMA) has approved its application to conduct late-stage study to test its experimental drug, Annamycin** Annamycin is potential treatment for acute myeloid leukemia - type of blood...Reuters
Mon, May 12
Other
INSIGHT-This US-owned factory in China made toys for Walmart. Tariffs put it on life support
For a US-owned toy factory in China, tariffs are an existential threatThe US and China agreed to lower tariffs for 90 days on MondayHuntar Company CEO says any tariff over 50% would make survival difficultBy Nicholas P. Brown May 12 (Reuters) - The emails started pouring in on April 9, the day Pr...Reuters
Mon, May 12
Other
Hub International valuation rises to $29 billion after $1.6 billion investment
By Ryan HewlettMay 12 - (The Insurer) - Hub International has secured a minority investment of approximately $1.6 billion in a deal which hands the Chicago-headquartered intermediary an enterprise valuation of $29 billion, the company said on Monday.The investment is being led by funds and accounts ...Reuters
Mon, May 12
Stocks
Trump set to sign executive order aimed at lowering US drug prices
WASHINGTON, May 12 (Reuters) - An executive order to be signed by President Donald Trump on Monday will direct his government to take actions against "discriminatory" policies in foreign countries that suppress drug prices aboard, a White House official said.Briefing reporters, the official ...Reuters
Mon, May 12
Commodities
COMMODITIES-Oil jumps, soy rises as US-China tariff pause brings relief
Crude oil futures rise more than 3%Soybean futures trading at highest in over three monthsSpot gold prices fall on drop in safe-haven demandBy Seher Dareen May 12 (Reuters) - Oil prices jumped more than 3% on Monday while soybeans traded at close to their highest in over three months after the Un...Reuters
Mon, May 12
Cryptocurrencies
Bitcoin To $400,000, Solana To $420, Ethereum Dead Weight, Says Fund Manager
In an interview that spanned everything from macro-economics to meme-coin mania, veteran trader and Asymmetric founder Joe McCann laid out a forceful—but narrowly targeted—thesis: Bitcoin’s institutional flows can propel it to the high six-figure range, Solana is “the fastest horse” toward a mid-thr...NewsBTC
Mon, May 12
Stocks
LIVE MARKETS-US stock futures rocket on US-China deal to reduce tariffs
US equity index futures green: Nasdaq 100 up ~4%Euro STOXX 600 index up >1%Dollar surges; crude up ~4%; bitcoin slips; gold slides >2.5%US 10-Year Treasury yield jumps to ~4.46%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thought...Reuters
Mon, May 12
Forex
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Monday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.4% lower at C$1.3996 to the greenback, or 71.45 U.S. cents, after trading in a range of 1.3895 to 1.3998.Canadian government 10-year bond yields CA10YT=RR r...Reuters
Mon, May 12
Stocks
1 Boring AI Stock That Could Be a Surprise Winner
Appian (NASDAQ: APPN) has evolved over the years from a low-code software company to a process-automation company, and it's now making another transition to an artificial intelligence (AI) company.Along the way, Appian has provided the same service for its customers. It automates workflows, dramatic...The Motley Fool
Mon, May 12
Stocks
COLUMN-Fed tests limits of 'wait and see': McGeever
By Jamie McGeever ORLANDO, Florida, May 12 (Reuters) - A split is emerging between the Federal Reserve and other major central banks as they try to assess the economic impact of the rapidly shifting global trade war.The Fed has kept interest rates on hold in the face of rising inflation risk, whi...Reuters
Mon, May 12
Other
Chegg to lay off 22% of workforce as AI tools shake up edtech industry
May 12 (Reuters) - Chegg CHGG.N said on Monday it would lay off about 22% of its workforce, or 248 employees, to cut costs and streamline its operations as students increasingly turn to AI-powered tools such as ChatGPT over traditional edtech platforms. The company, an online education firm that o...Reuters
Mon, May 12
Commodities
Saudi Aramco Exec Says Despite Recent Market Volatility, Oil Market Fundamentals Remain Sound - Conf Call
May 12 (Reuters) - Saudi Arabian Oil Co 2222.SE:SAUDI ARAMCO EXEC SAYS DESPITE RECENT MARKET VOLATILITY, OIL MARKET FUNDAMENTALS REMAIN SOUND - EARNINGS CONFERENCE CALLSAUDI ARAMCO EXEC: CURRENTLY, IT IS PREMATURE TO ASSESS THE FULL IMPACT OF TRADE NEGOTIATIONS, AS THERE ARE MANY MOVING PARTSARAMCO ...Reuters
Mon, May 12
Stocks
NYSE Content Advisory: Pre-Market update + U.S. & China agree to ease tariffs
NEW YORK, May 12, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE...PR Newswire
Mon, May 12
Stocks
US asset managers rise as US, China cut tariffs
** Shares of U.S. asset managers rise premarket, as investors welcome the temporary slashing of tariffs by the world's two biggest economies, signaling de-escalation of a trade war that has stoked fears of recession and roiled financial markets** Blackstone BX.N up 7.1%, KKR KKR.N rises 6.8% and...Reuters
Mon, May 12
