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Commodities
Diamondback lowers output forecast, says US shale at tipping point
By Tanay Dhumal and Shariq Khan May 5 (Reuters) - U.S. shale producer Diamondback Energy FANG.O lowered its output forecast for 2025 on Monday and said that a combination of global economic uncertainty and rising OPEC+ supply has brought U.S. oil production to a tipping point. On the same day,...Reuters
Mon, May 5
Other
B2Gold Corp expected to post earnings of 9 cents a share - Earnings Preview
B2Gold Corp BTO.TO is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Vancouver British Columbia-based company is expected to report a 25.7% increase in revenue to $579.94 million from $461.44 million a year ago, according to th...Reuters
Mon, May 5
Stocks
Simpson Oil slams Parkland Board for “clinging to control” after $9.1B Sunoco deal
Investing.com -- Simpson Oil launched a scathing rebuke of Parkland Fuel Corporation’s (TSX:PKI) board on Friday, accusing directors of delaying a shareholder vote in a bid to push through a $9.1 billInvesting.com
Mon, May 5
Other
Bbb Foods Inc expected to post earnings of 15 matambala a share - Earnings Preview
Bbb Foods Inc TBBB.N, TBBB.K is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Mexico City Mexico, D.f.-based company is expected to report a 28.2% increase in revenue to MXN16.266 billion from MXN12.68 billion a year ago, accor...Reuters
Mon, May 5
Other
Sinclair Inc expected to post a loss of $1.31 a share - Earnings Preview
Sinclair Inc SBGI.OQ SBGI.O is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Hunt Valley Maryland-based company is expected to report a 3.1% decrease in revenue to $773.143 million from $798 million a year ago, according to the...Reuters
Mon, May 5
Other
Pan American Silver Corp expected to post earnings of 17 cents a share - Earnings Preview
Pan American Silver Corp PAAS.TO is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Vancouver British Columbia-based company is expected to report a 12.6% increase in revenue to $677 million from $601.4 million a year ago, accor...Reuters
Mon, May 5
Other
Trump calls AI pope image a joke, but experts say it’s no laughing matter
Trump says AI pope image was in jestCommunications experts say AI is a powerful tool ripe for abuseAI allows for blending of true and false imagesBy James Oliphant and Steve Holland WASHINGTON, May 5 (Reuters) - President Donald Trump on Monday dismissed the backlash against an AI-generated i...Reuters
Mon, May 5
Other
Black Hills Corp expected to post earnings of $1.94 a share - Earnings Preview
Black Hills Corp BKH.N, BKH is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Rapid City South Dakota-based company is expected to report a 2.8% decrease in revenue to $706.075 million from $726.4 million a year ago, according t...Reuters
Mon, May 5
Stocks
Ero Copper Corp reports results for the quarter ended March 31 - Earnings Summary
Ero Copper Corp ERO.TO reported quarterly adjusted earnings of 35 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of twelve analysts for the quarter was for earnings of 20 cents per share. Wall...Reuters
Mon, May 5
Stocks
Sun Communities Inc reports results for the quarter ended March 31 - Earnings Summary
Sun Communities Inc SUI.N reported a quarterly adjusted loss of 34 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -22 cents. The mean expectation of six analysts for the quarter was for a loss of 4 cents per share. Wall Stre...Reuters
Mon, May 5
Other
Atmos Energy Corp expected to post earnings of $2.87 a share - Earnings Preview
Atmos Energy Corp ATO.N, ATO is expected to show a rise in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Dallas Texas-based company is expected to report a 10.5% increase in revenue to $1.82 billion from $1.65 billion a year ago, according to the mean es...Reuters
Mon, May 5
Other
Innovative Industrial Properties Inc expected to post earnings of $1.19 a share - Earnings Preview
Innovative Industrial Properties Inc IIPR.N, IIPR.K is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Park City Utah-based company is expected to report a 5.4% decrease in revenue to $71.395 million from $75.45 million a year ag...Reuters
Mon, May 5
Stocks
Siriuspoint Ltd reports results for the quarter ended March 31 - Earnings Summary
Siriuspoint Ltd SPNT.N reported quarterly adjusted earnings of 49 cents per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of two analysts for the quarter was for earnings of 23 cents per share. Wall Street expected results to range from 20 cen...Reuters
Mon, May 5
Cryptocurrencies
Bernstein projects $330 billion in corporate Bitcoin buys over the next five years
Asset manager Bernstein has projected that companies will spend $330 billion acquiring Bitcoin for their treasury in the next five years. In a research note from the investment firm, its analysts expect that Strategy will lead the corporate treasury inflows into BTC and expect smaller companies to follow. According to the analysts, they expect that public companies […]Cryptopolitan
Mon, May 5
Other
Identiv Inc expected to post a loss of 24 cents a share - Earnings Preview
Identiv Inc INVE.OQ INVE.O is expected to show a fall in quarterly revenue when it reports results on May 7 for the period ending March 31 2025The Santa Ana California-based company is expected to report a 78.0% decrease in revenue to $4.95 million from $22.49 million a year ago, according to the ...Reuters
Mon, May 5
Stocks
Tidewater Inc reports results for the quarter ended March 31 - Earnings Summary
Tidewater Inc TDW.N reported quarterly adjusted earnings of 83 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 89 cents. The mean expectation of seven analysts for the quarter was for earnings of 63 cents per share. Wall Stre...Reuters
Mon, May 5
Other
Big Four accounting firm PwC to slash about 1,500 jobs in the US
By Jaiveer Shekhawat May 5 (Reuters) - Big Four accounting firm PwC is laying off about 1,500 employees in the United States, a company spokesperson told Reuters on Monday.The workforce reduction equates to approximately 2% of our U.S. firm, the spokesperson said. PwC employs more than 75,000 peo...Reuters
Mon, May 5
Stocks
Celanese Corp reports results for the quarter ended March 31 - Earnings Summary
Celanese Corp CE.N reported quarterly adjusted earnings of 57 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $2.08. The mean expectation of twenty analysts for the quarter was for earnings of 38 cents per share. Wall Street ...Reuters
Mon, May 5
Other
Ford pulls guidance, warns it will take $1.5 billion hit from Trump's tariffs
Quarterly earnings fall to 14 cents/share but beat estimatesTariffs seen adding $2.5 bln in gross costs this yearFord shares drop 2.3% after hoursBy Nora Eckert and Nathan Gomes DETROIT, May 5 (Reuters) - Ford Motor suspended its annual guidance on Monday because of uncertainty around U.S. Presid...Reuters
Mon, May 5
