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Exelixis rises after lifting 2025 revenue forecast
** Shares of cancer drugmaker Exelixis EXEL.O rise 5.6% to $39 premarket** Co late on Tuesday raised 2025 rev. forecast to between $2.25 billion and $2.35 billion, compared with prior view of between $2.15 billion and $2.25 billion** Co posted Q1 total rev. of $555.4 million, beating analysts' e...Reuters
May 14, 2025
Stocks
Supermicro's DLC-2, the Next Generation Direct Liquid-Cooling Solutions, Aims to Reduce Data Center Power, Water, Noise, and Space, Saving on Electricity Cost by up to 40%, and Lowering TCO by up to 20%
Up to 40% power savings of data center Faster time-to-deployment and reduced time-to-online by providing end-to-end liquid-cooling solution Up to 40% reduced water consumption with warm water cooling now available at an inlet temperature of up to 45°C, reducing the necessity of chillers En...PR Newswire
May 14, 2025
Commodities
OPEC expects slower 2025 oil supply growth from rivals after price drop
Demand growth forecasts left unchangedCuts 2025 non-OPEC+ supply growth forecast by 100,000 bpdSays Kazakhstan cuts output in April, still above OPEC+ quotaBy Alex Lawler LONDON, May 14 (Reuters) - OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other pr...Reuters
May 14, 2025
Commodities
IFC issues $40 million to build Ukraine's first soy protein concentrate plant
KYIV, May 14 (Reuters) - The International Finance Corporation has issued a $40 million financing package for Ukraine farm group Astarta to build the country's first soy protein concentrate plant, it said on Wednesday.The financing package includes a $27 million loan for IFC's own account an...Reuters
May 14, 2025
Commodities
PRESS DIGEST-Canada - May 14
May 14 (Reuters) - The following are the top stories from The Globe and Mail. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL- Former journalist Evan Solomon has been appointed Canada's first minister for artificial intelligence, a newly created ro...Reuters
May 14, 2025
Stocks
US STOCKS-Wall St on track for higher open as trade optimism holds
Futures up: Dow 0.19%, S&P 500 0.27%, Nasdaq 0.37%Three Fed speakers scheduled to speak on WednesdayAmerican Eagle Outfitters drops after withdrawing FY forecastBy Shashwat Chauhan and Pranav Kashyap May 14 (Reuters) - Wall Street's main indexes were set to open higher on Wednesday after ...Reuters
May 14, 2025
Other
British brokers hail 'new era' of regulation following FCA reforms
By Ryan HewlettMay 14 - (The Insurer) - British insurance brokers have hailed “a new era” of relations with UK regulators after the Financial Conduct Authority on Wednesday unveiled proposals to streamline its rulebook for the UK insurance market.Opening the British Insurance Brokers’ Association an...Reuters
May 14, 2025
Other
Turkish, US, Syrian top diplomats to weigh details of Syria's release from US sanctions
ANTALYA, Turkey, May 14 (Reuters) - The foreign ministers of Turkey, the United States and Syria will meet in southern Turkey on Thursday to discuss details of U.S. President Donald Trump's pledge to lift sanctions on Syria, Turkish Foreign Minister Hakan Fidan said on Wednesday.In a surprise an...Reuters
May 14, 2025
Forex
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% lower at C$1.3945 to the greenback, or 71.71 U.S. cents, after trading in a range of 1.3902 to 1.3946.Canadian government 10-year bond yields CA10YT=R...Reuters
May 14, 2025
Cryptocurrencies
XRP Price Rejected At Resistance: Why $2.69 Holds The Key
XRP is facing a strong resistance level on its path to the $3 price level and above, with the past 24 hours witnessing some sort of rejection at this resistance level. XRP price action has gradually built momentum in May, leading to a sharp move toward the upper $2.60 range. On May 12, XRP briefly t...NewsBTC
May 14, 2025
Stocks
Momentum traders are ’in no rush’ to add to their long positions: UBS
Investing.com -- Despite a strong rebound in risk assets, momentum-driven Commodity Trading Advisors (CTAs) are holding back from aggressively increasing long positions, according to UBS.“CTAs have beInvesting.com
May 14, 2025
Other
MOVES-Citi hires Wyatt Crowell to head North America commercial bank
NEW YORK, May 14 (Reuters) - Citigroup C.N on Wednesday appointed Wyatt Crowell as head of its North America commercial bank. Crowell will start in the role this month and report to the global head of Commercial Bank, Tasnim Ghiawadwala, and head of North America, Sunil Garg.Crowell joins from HSBC ...Reuters
May 14, 2025
Other
Sustainable Finance Newsletter - Elections matter: Banking, climate policy edition
By Ross Kerber May 14 (Reuters) - Of the 11 stories listed on Tuesday as top Sustainable Finance pieces on our wire at midday, I counted nine as being about government or public policy. These included news about a U.S. House budget proposal that would reduce government support for clean energ...Reuters
May 14, 2025
Other
Danish aid group exits six countries, slashes more jobs after Trump cuts
GENEVA, May 14 (Reuters) - The Danish Refugee Council, a major humanitarian group, said on Wednesday it will end its relief programmes in six countries and slash 650 additional jobs after the United States, its number two donor, cut funding.U.S. President Donald Trump has drastically scaled back for...Reuters
May 14, 2025
Stocks
COLUMN-Calling the 'Global South', your time is ... now?: McGeever
By Jamie McGeeverORLANDO, Florida, May 14 (Reuters) - The era of 'U.S. exceptionalism' may be over – and with it the Washington-led world economic and financial order of the last 50 years. This leaves investors with a big question, how will this reshape capital flows? The most obvious destin...Reuters
May 14, 2025
Stocks
MP Materials up after deal with Saudi's Ma'aden on developing rare earth supply chain
** Shares of rare earths producer MP Materials MP.N rise 6.1% to $22.05 premarket** Co signs agreement with Saudi Arabian mining company Ma'aden to jointly establish a fully integrated, end-to-end rare earth supply chain in Saudi Arabia** Co says the memorandum of understanding was signed on the...Reuters
May 14, 2025
Other
Turkish, Ukrainian ministers discuss peace, Zelenskiy visit, Turkish source says
ANKARA, May 14 (Reuters) - The foreign ministers of Turkey and Ukraine discussed efforts to reach a ceasefire and lasting peace between Russia and Ukraine, and President Volodymyr Zelenskiy's planned Ankara visit, during a meeting on Wednesday, a Turkish foreign ministry source said.Turkish Fore...Reuters
May 14, 2025
Stocks
Hertz drops after $250 mln stock sale plans unveiled
** Shares of Hertz Global HTZ.O down 1.5% to $5.68 premarket as car rental firm looks to raise capital, including equity** Co files mixed shelf including up to $250 mln ATM (at the market) equity sales program to be handled by Jefferies, Barclays, and BMO among 11 other investment banks** It says it...Reuters
May 14, 2025
Stocks
NYSE Content Advisory: Pre-Market update + S&P 500 turns positive for 2025
NEW YORK, May 14, 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. Kristen Scholer delivers the pre-market update on May 14t...PR Newswire
May 14, 2025
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