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Forex
USD/CAD extends upside above 1.3950 on firmer US dollar after US-China trade talks
The USD/CAD pair extends the rally to around 1.3975 during the early Asian session on Tuesday, bolstered by a stronger US Dollar (USD).
USD/CAD
Fxstreet
May 12, 2025
Stocks
Infinity Natural Resources Inc reports results for the quarter ended March 31 - Earnings Summary
Infinity Natural Resources Inc INR.N reported quarterly adjusted earnings of $2.16 per share for the quarter ended March 31. The mean expectation of seven analysts for the quarter was for earnings of 65 cents per share. Wall Street expected results to range from 50 cents to $1.05 per share.Revenu...
Reuters
May 12, 2025
Other
Elliott wins support from ISS in proxy battle at Phillips 66
NEW YORK, May 12 (Reuters) - Elliott Investment Management on Monday scored a victory in its board fight at Phillips 66 PSX.N when prominent proxy advisory firm Institutional Shareholder Services recommended that investors elect all four of the activist's director nominees.
Reuters
May 12, 2025
Forex
GBP/USD falls back as tariff cuts bolster market sentiment
GBP/USD fell on Monday, tumbling a little over one percent and pushing the pair back down below the 1.3200 handle after a broad-based recovery in Greenback bidding.
GBP/USD
Fxstreet
May 12, 2025
Stocks
Hertz Global Holdings Inc reports results for the quarter ended March 31 - Earnings Summary
Hertz Global Holdings Inc HTZ.OQ reported a quarterly adjusted loss of $1.12 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.28. The mean expectation of ten analysts for the quarter was for a loss of 97 cents per share. Wall S...
Reuters
May 12, 2025
Forex
Silver Price Forecast: XAG/USD slips as US-China trade truce boosts US Dollar
Silver price ended Monday’s session with losses of over 0.40% as upbeat news from last weekend's meetings between US and Chinese delegations delivered an agreement to reduce tariffs for 90 days, marking the beginning of negotiations.
Silver
Fxstreet
May 12, 2025
Cryptocurrencies
PEPE Becomes Most Traded Meme Coin, Outsmarting DOGE With $4-B Volume
PEPE token is hogging the headlines, and for the right reasons. The meme coin, defying the odds, has gathered the right amount of steam to spring back to life. PEPE surged 16% today, closing a Cup & Handle chart pattern that enabled it to recuperate and improve on previous setbacks. Speculators ...
NewsBTC
May 12, 2025
Cryptocurrencies
‘Dark’ Stablecoins On The Horizon? CEO Warns Of Danger
Governments worldwide are clamping down on stablecoins. That might push some users to turn to so-called “dark” or private stablecoins. They offer uncensorable transfers, but they come with high risks and uncertain practical application. Related Reading: McGregor For President? With Bitco...
Bitcoinist
May 12, 2025
Other
US Medicare lays out timeline for third round of drug price negotiations
May 12 (Reuters) - The U.S. Centers for Medicare and Medicaid Services (CMS) said on Monday that it would announce a list of 15 drugs eligible for a third round of Medicare price negotiations by early February next year.For the first time, the list would include drugs payable under Medicare Part B -...
Reuters
May 12, 2025
Stocks
Why SelectQuote Stock Got Slammed Today
Veteran health insurance broker SelectQuote (NYSE: SLQT) wasn't quite looking like the wave of the future on Monday. The company's shares took a 12% hit on the day, following management's release of the latest set of quarterly figures. That was in rather sharp contrast to the overall stock market, w...
The Motley Fool
May 12, 2025
Other
California governor urges cities to 'take back the streets' from homeless
By Daniel Trotta May 12 (Reuters) - California Governor Gavin Newsom on Monday urged localities to "take back the streets" from homeless encampments, proposing language for every city and county to use in a local ban on camping in public.Newsom, a Democrat often mentioned as a potential p...
Reuters
May 12, 2025
Stocks
Why EchoStar Stock Plummeted by Over 16% Today
It's almost never encouraging for an investor to learn of a federal government investigation into one of their companies. That was the news driving down telecom services provider EchoStar (NASDAQ: SATS) on Monday; the market shunned the stock, to the point where it closed the day more than 16% down ...
The Motley Fool
May 12, 2025
Stocks
Sangamo Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary
Sangamo Therapeutics Inc SGMO.OQ reported a quarterly adjusted loss of 14 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -27 cents. The mean expectation of seven analysts for the quarter was for a loss of 13 cents per share...
Reuters
May 12, 2025
Stocks
Exchange Income Corp reports results for the quarter ended March 31 - Earnings Summary
Exchange Income Corp EIF.TO reported quarterly adjusted earnings of 28 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 20 cents. The mean expectation of ten analysts for the quarter was for earnings of 31 cents per share. Wa...
Reuters
May 12, 2025
Stocks
Pangaea Logistics Solutions Ltd reports results for the quarter ended March 31 - Earnings Summary
Pangaea Logistics Solutions Ltd PANL.OQ reported a quarterly adjusted loss of 3 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 25 cents. The mean expectation of three analysts for the quarter was for a loss of 12 cents per s...
Reuters
May 12, 2025
Commodities
G Mining Ventures to restate 2024 financial statements
May 12 (Reuters) - Canada-based mining company G Mining Ventures GMIN.TO said on Monday it will restate its consolidated financial statements for 2024 to reflect certain accounting adjustments that were identified during a financial review for the first quarter.The non-cash accounting adjustments wo...
Reuters
May 12, 2025
Other
Google is developing software AI agent ahead of annual conference, The Information reports
May 12 (Reuters) - Alphabet's Google GOOGL.O has been demonstrating to employees and outside developers an array of different products, including an AI agent for software development, ahead of its annual developer conference, The Information reported on Monday.The agent is intended to help softw...
Reuters
May 12, 2025
Other
Brazil's Brava Energia posts Q1 net profit of 829.2 million reais
May 12 (Reuters) - Brava Energia SA BRAV3.SA:REPORTS Q1 NET PROFIT OF 829.2 MILLION REAISREPORTS Q1 ADJUSTED EBITDA OF 1.07 BILLION REAIS
Reuters
May 12, 2025
Stocks
Why Blackstone Group Stock Skyrocketed by Nearly 7% on Monday
Ever-acquisitive financial services titan Blackstone Group (NYSE: BX) might soon be the owner of a big utility, if a media report is to be believed. On Monday, investors clearly believed, as they traded the company's stock well up after the article was published. Blackstone's shares closed the day u...
The Motley Fool
May 12, 2025
Stocks
Quest Resource Holding Corp reports results for the quarter ended March 31 - Earnings Summary
Quest Resource Holding Corp QRHC.OQ reported a quarterly adjusted loss of 50 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of three analysts for the quarter was for a loss of 5 cents per share...
Reuters
May 12, 2025
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