News
Important Only
Cryptocurrencies
Alex Mashinsky faces a ‘death-in-prison sentence’ for Celsius collapse
Alex Mashinsky, the former CEO and co-founder of defunct crypto lender Celsius Network, is pushing back against what he calls a “venom-laced” attempt by federal prosecutors to secure a de facto life sentence. In a May 5 reply to the memorandum from the US Justice Department, the defendant is asking the court to grant him […]Cryptopolitan
Tue, May 6
Stocks
GLOBAL MARKETS-Stocks drift lower on lack of trade progress, dollar slips again
Stocks dip ahead of Wednesday's Fed policy decision Investors await trade deals between US and partnersAsian FX in the spotlight after Taiwan dollar's surge By Samuel Indyk and Ankur Banerjee LONDON, May 6 (Reuters) - Global stocks drifted lower on Tuesday and the dollar dipped against ma...Reuters
Tue, May 6
Stocks
Hong Kong central bank cuts duration in US treasury holdings
HONG KONG, May 6 (Reuters) - Hong Kong's de-facto central bank has been reducing duration in holdings of U.S. treasuries US10YT=RR, its chief said on Tuesday, diversifying into other currencies and assets as volatility grows in dollar bonds.The Hong Kong dollar has been among Asian units rallyin...Reuters
Tue, May 6
Stocks
Got $1,000 to Invest? This Top High-Yield Dividend Stock Is a No-Brainer Buy Amid Current Uncertainty.
There's a lot of uncertainty in the stock market these days. Tariffs could drive a resurgence in inflation and cause a global economic slowdown, and these headwinds could impact the profitability of many companies. However, Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP) is in a strong position to...The Motley Fool
Tue, May 6
Stocks
Why Viking Therapeutics Stock Surged Nearly 20% Higher in April
One of the best catalysts for a stock's rise is the withdrawal of a rival. That was an important dynamic behind the double-digit-percentage rise of biotech Viking Therapeutics' (NASDAQ: VKTX) stock in April. Another was a looming late-stage clinical trial of a closely watched pipeline drug that's lo...The Motley Fool
Tue, May 6
Commodities
India advances Kashmir hydro projects after suspending pact with Pakistan, document shows
India accelerates four hydro projects after treaty suspensionPakistan says attempts to divert water could be 'act of war'Pakistan depends on the Indus system for 80% of its farmsBy Aftab Ahmed and Sarita Chaganti Singh SRINAGAR, May 6 (Reuters) - India has advanced the start date of four ...Reuters
Tue, May 6
Stocks
2 Tech Stocks That Could Help Set You Up for Life
Finding growth technology stocks at a reasonable price in today's market is not easy. Despite some major ups and downs during 2020, 2022, and now 2025, technology stocks have generally gone on a tear since the Great Recession of 2008-09, making investors a fortune in the process. Today, a lot of the...The Motley Fool
Tue, May 6
Economic Indicator
UK services sector contracts at steepest pace since 2023, PMI shows
LONDON, May 6 (Reuters) - Britain's services sector, accounting for much of the economy, shrank in April for the first time since October 2023 and at the fastest pace in more than two years, according to a survey that showed U.S. tariff turmoil is hammering exports and sentiment. The S&P Gl...Reuters
Tue, May 6
Commodities
EU keeps options open as it readies response to expanding US tariffs
BRUSSELS, May 6 (Reuters) - The European Union will prepare countermeasures to the multitude of U.S. tariffs imposed on EU imports during President Donald Trump's 90-day pause, with all options on the table, European Trade Commissioner Maros Sefcovic said on Tuesday.Reuters
Tue, May 6
Stocks
Here Is My Top Artificial Intelligence (AI) Stock to Buy in May
Some investors who didn't buy artificial intelligence (AI) stocks last year may have worried that they missed their chance. Many of these stocks had soared, with valuations reaching sky-high levels, on optimism the technology would be the next big game changer -- as the internet was many years ago. ...The Motley Fool
Tue, May 6
Other
Tesla's UK sales lowest in over two years in April as Europe snubs Musk
By Alessandro Parodi May 6 (Reuters) - Tesla's TSLA.O new car sales in Britain plummeted 62% year-on-year in April to their lowest in over two years, even as demand for electric vehicles rose, data from research group New AutoMotive showed on Tuesday.Sales of billionaire Elon Musk's EV ca...Reuters
Tue, May 6
Stocks
Why Chewy Stock Crushed It in April
Many investors spent April worrying about the effect of the still-fresh tariff war on their holdings. To hedge against this concern, they sought out stocks considered to be relatively well insulated from possible sudden price spikes of materials and components made abroad.Enter Chewy (NYSE: CHWY), t...The Motley Fool
Tue, May 6
Other
Dialysis firm FMC tops market expectations in 1st quarter
By Isabel DemetzMay 6 (Reuters) - World's largest dialysis specialist Fresenius Medical Care's FMEG.DE first-quarter results beat market expectations across the board on Tuesday, sending its shares 5% higher, as revenue grew organically in all its segments.While patient treatment in the U.S....Reuters
Tue, May 6
Stocks
UK's Argentex resumes trading after two weeks; stock plummets
May 6 (Reuters) - ** Shares of currency risk management firm Argentex AGFX.L sink more than 91% to an all-time low of 4.73p** Co resumes trading on the AIM index, following temporary suspension of shares on April 22 due to liquidity crunch** Revolving credit facility of 20 mln pounds ($26.6 mln) ...Reuters
Tue, May 6
Stocks
3 Leading Tech Stocks to Buy in 2025
It's been a rough year for many tech stocks. The Trump administration's tariffs, the intensifying trade wars, and other macro headwinds have all made it difficult to invest in tech companies, which rely heavily on overseas supply chains and healthy economies.However, a handful of tech stocks are res...The Motley Fool
Tue, May 6
