News
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Commodities
Canadian Natural Resources beats first-quarter profit estimates
May 8 (Reuters) - Canadian Natural Resources CNQ.TO beat analysts' estimates for first-quarter profit on Thursday as it benefited from higher oil and natural gas production.On an adjusted basis, the company earned C$1.16 ($0.8366) per share in the quarter, compared with analysts' average exp...Reuters
Thu, May 8
Economic Indicator
Taiwan April exports jump 30% ahead of U.S. tariffs, strong H1 seen
Exports +29.9% y/y vs +16.0% forecast in Reuters pollExport value hit second-highest in a single monthExports to China +22.3% y/y (prior month +12.6%)Exports to U.S. +29.5% y/y (prior month +39.9%)Taiwan sees good chances for H1 export value to hit record Taiwan sees uncertainty in geopolitics, Trum...Reuters
Thu, May 8
Technical Analysis
USD/CAD Price Forecast: Remains confined in a multi-week-old range; not out of the woods yet
The USD/CAD pair attracts buyers for the second successive day on Thursday and recovers further from the year-to-date (YTD) low, around the mid-1.3700s touched earlier this week.
Fxstreet
Thu, May 8
Technical Analysis
GBP/USD remains below 1.3335 – UOB Group
Provided Pound Sterling (GBP) remains below 1.3335 against US Dollar (USD), it could edge lower to 1.3265. In the longer run, the current price movements are part of a 1.3240/1.3450 range-trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, May 8
Cryptocurrencies
Bitcoin’s ‘Key’ Stakeholders Moving In Right Direction, Analytics Firm Says
The analytics firm Santiment has explained how the key Bitcoin holders are showing behavior that could prove to be a bullish sign for the asset. Bitcoin Sharks & Whales Have Loaded Up During The Last 6 Weeks In a new post on X, Santiment has talked about the latest trend in the supply of some [&...Bitcoinist
Thu, May 8
Commodities
Lanxess' Chairman Says The Co Is In A Good Position As Far As US Market Concerned -Conf Call
May 8 (Reuters) - LANXESS AG LXSG.DE:LANXESS AG- CHAIRMAN: AS FAR AS THE US MARKET IS CONCERNED, WE ARE IN A GOOD POSITION -CONF CALLLANXESS AG- CHAIRMAN: US ADMINISTRATION PUT A LOT OF PRODUCTS ON EXEMPTIONS, SO NOT ALL THE PRODUCTS ARE IMPACTED -CONF CALLLANXESS AG- CHAIRMAN: THERE ARE MANY PRODUC...Reuters
Thu, May 8
Stocks
Is Berkshire Hathaway Stock a Millionaire Maker?
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) entered 2025 with the wind at its back because of an astute shift the company made in 2024. That helped it outperform the S&P 500 (SNPINDEX: ^GSPC) this year as the index fell amid geopolitical and economic concerns.Don't expect outperformance like this ...The Motley Fool
Thu, May 8
Commodities
Near-record US container import streak expected to snap in May due to tariffs
By Lisa Baertlein LOS ANGELES, May 8 (Reuters) - U.S. container imports surged in April as companies raced to avoid President Donald Trump's tariffs, which now include a 145% duty on goods from China, but executives at the country's two busiest ports said the trend looked set to rever...Reuters
Thu, May 8
Other
Consilium appoints Woodward as chief claims officer
By Navneeta NandanMay 8 - (The Insurer) - Specialty insurance group Aventum’s (re)insurance broking arm Consilium has named Nick Woodward as chief claims officer, the company said on Thursday.Woodward will head the claims advocacy team and will be supported by a nine-strong claims team. He will also...Reuters
Thu, May 8
Other
Saudi Arabia sits on fence over BRICS with eye on vital ties with US
Riyadh loath to risk Trump administration's anger by joining China-aligned group, sources saySaudis balancing China trade relations with long-standing US allianceAttending BRICS meeting but holding off on joining developing nations blocBy Pesha Magid, Maha El Dahan and Manya Saini RIYADH/DUBA...Reuters
Thu, May 8
Stocks
Japan's Nikkei ends higher; NTT Data surges on takeover report
TOKYO, May 8 (Reuters) - Japan's Nikkei share average rose on Thursday as chip-related shares tracked a rally in U.S. semiconductor stocks, while NTT Data surged following a takeover report.The Nikkei .N225 ended 0.41% higher at 36,928.63 after breaking a seven-day winning run on Wednesday.The b...Reuters
Thu, May 8
Technical Analysis
Pepe price confirms buy signal as whales’ risk appetite skyrockets
Pepe’s price (PEPE) surges over 10% to trade at $0.0000090 at the time of writing on Thursday, mirroring a bullish wave in the wider cryptocurrency market. Investor interest appears to have started favouring altcoins, especially meme coins like PEPE.
Fxstreet
Thu, May 8
Stocks
Prediction: This Magnificent Vanguard Index Fund Will Beat the S&P 500 Again in 2025
The S&P 500 (SNPINDEX: ^GSPC) delivered a return of 25% (including dividends) last year, but had you invested in the Vanguard S&P 500 Growth ETF (NYSEMKT: VOOG) instead, you would have earned a much higher return of 35.9%. The exchange-traded fund (ETF) tracks the performance of the S&P 500 Growth i...The Motley Fool
Thu, May 8
Other
India agrees on conditional nod for Starlink operations in country, CNBC-TV18 reports
May 8 (Reuters) - The Indian government has agreed to a conditional nod for SpaceX's Starlink to start offering satellite-based internet services in the country, television news channel CNBC-TV18 reported on Thursday.Starlink and the Indian Department of Telecommunications did not immediately re...Reuters
Thu, May 8
Stocks
McEwen Mining Inc reports results for the quarter ended March 31 - Earnings Summary
McEwen Mining Inc MUX.N reported a quarterly adjusted loss of 12 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -5 cents. The mean expectation of two analysts for the quarter was for a loss of 9 cents per share. Revenue fell...Reuters
Thu, May 8
Stocks
GLOBAL MARKETS-Shares lifted by trade deal hopes, dollar holds post-Fed gains
European shares higher on reports of US-UK trade dealBoE expected to cut rates after Sweden and Norway holdsFed caution supports dollar in FX marketsOil edges out of recent troughBy Marc Jones LONDON, May 8 (Reuters) - World shares inched higher on Thursday buoyed by U.S. President Donald Trump’s...Reuters
Thu, May 8
