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4 Stocks That Turned $1,000 Into $1 Million
This is real. It is actually possible to make a million dollars in the stock market with just a $1,000 investment.However, these big gains are never quick. The $1,000,000 payouts are also quite rare. Few investments can combine the multi-decade longevity and game-changing business success that's req...The Motley Fool
May 2, 2025
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Athletics-American sprinter Kerley to miss Grand Slam Track meet after arrest
May 2 (Reuters) - Twice Olympic 100 metres medallist Fred Kerley has been arrested and will not compete in Grand Slam Track's inaugural U.S.-based event in Miami this weekend, the circuit said on Friday.Kerley, who won a bronze medal in the 100m final at the 2024 Paris Olympics and silver in the...Reuters
May 2, 2025
Stocks
U.S. STOCKS ON THE MOVE-Duolingo, Instacart, DuPont
Eikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes advanced on Friday, as signs of a de-escalation in the trade war with China and a strong jobs report calme...Reuters
May 2, 2025
Economic Indicator
Bund yields set for biggest daily rise in two months after US data
By Stefano Rebaudo May 2 (Reuters) - Euro area benchmark Bund yields were on track for their biggest daily rise since early March, tracking moves from U.S. Treasuries after strong jobs data.Borrowing costs had risen early in the session as investors scaled back bets on European Central Bank rate ...Reuters
May 2, 2025
Stocks
Spotify's US app update with purchase links gets Apple approval
By Jaspreet Singh May 2 (Reuters) - Spotify SPOT.N said on Friday its U.S. app update has secured Apple's AAPL.O approval to show pricing information and external payment links, days after a judge barred the iPhone maker from charging commission on off-app purchases.Shares of Spotify, founded...Reuters
May 2, 2025
Stocks
Cytokinetics tumbles as FDA delays heart drug review by 3 months
** Shares of drug developer Cytokinetics CYTK.O fall 15.5% to $36.27** Late on Thursday, co said that the US FDA has extended the review date for its marketing application of heart disease drug aficamten to Dec. 26** Previous action date was Sept 26** Extension is due to the FDA needing more time to...Reuters
May 2, 2025
Commodities
US adds 10 more mining projects to fast-track permitting list
May 2 - The Trump administration on Friday added 10 more U.S. mining projects to a fast-track permitting list aimed at expanding critical minerals production across the country.The projects - which would supply copper, palladium and other minerals - have been granted FAST-41 status, a federal initia...Reuters
May 2, 2025
Stocks
Winchester Bancorp falls in Nasdaq debut after mutual bank conversion
** Community bank Winchester Bancorp's WSBK.O shares fall 6.5% to $9.35 in Nasdaq debut** Stock opened for trading at $10.1 vs $10 offer price** WSBK sold ~4 million shares in its initial public offering in connection with its mutual bank conversion** Mutual-to-stock conversion occurs when finan...Reuters
May 2, 2025
Other
ADVISORY-Inadvertently issued alert from a research report by Willis Towers Watson withdrawn
A stray alert from a research report on insurance buyers by a unit of Willis Towers Watson WTW.O has been withdrawn as it was inadvertently published.There will be no substitute. STORY_NUMBER:TUA3PP6DLSTORY_TIME:[03:05:24]Reuters
May 2, 2025
Stocks
Imperial Oil Ltd reports results for the quarter ended March 31 - Earnings Summary
Imperial Oil Ltd IMO.TO reported quarterly adjusted earnings of C$2.52 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of C$2.23. The mean expectation of nine analysts for the quarter was for earnings of C$2.17 per share. Wall Street...Reuters
May 2, 2025
Stocks
Bunge-Viterra merger stalled by US-China trade tensions, Bloomberg reports
** Shares of grain trader Bunge BG.N rise 1% to $79.28 ** Company's $34 billion merger with Glencore-backed GLEN.L Viterra is being stalled by U.S-China trade tensions, Bloomberg News reports** Bunge says it is in the final stage of a regulatory approval** The merger was first announced in 2023...Reuters
May 2, 2025
Other
Citizens board approves $4.49 billion risk transfer against backdrop of 10% plus rate reductions
By David BullMay 2 - (The Insurer) - The board of Citizens Property Insurance Corporation has approved management’s proposal for a $4.49 billion risk transfer program that will include $2.89 billion of new private risk transfer, which is expected to feature a significant portion of cat bond capacity...Reuters
May 2, 2025
Technical Analysis
USD/CAD dips as easing trade tensions and soft US data weigh on Greenback
The USD/CAD is trading with losses around the 1.3800 level on Friday, as the pair continues to retreat from the prior session’s highs. The move comes as the US Dollar weakens broadly across the board after a failed attempt to reclaim the 100.00 mark on the US Dollar Index (DXY).
Fxstreet
May 2, 2025
Forex
TABLE-Mexico economy seen growing 0.2% this year: Banxico analysts poll
MEXICO CITY, May 2 (Reuters) - Private sector analysts expect the Mexican economy to grow just 0.2% this year, a drop from their March forecast of 0.5%, a Mexican central bank survey showed Friday.MarchAprilInflation, end year pct20253.703.8020263.703.74Core inflation, end year20253.763.9020263.643....Reuters
May 2, 2025
Other
REFILE-Bunge's merger with Viterra stalled by US-China trade tensions, Bloomberg says
May 2 (Reuters) - Bunge Global's BG.N $34 billion merger with Glencore-backed GLEN.L Viterra is being stalled by trade tensions between the U.S. and China, Bloomberg News reported on Friday, citing people familiar with the matter.Reuters
May 2, 2025
Other
Markel looks to 'double down' in US wholesale and specialty
By Chris MunroMay 2 - (The Insurer) - Markel plans to “double down” on its commitment to the U.S. wholesale and specialty sector in response to what Markel Insurance CEO Simon Wilson said is a “structural shift” of business moving to the E&S channel.This publication reported in April that Markel...Reuters
May 2, 2025
Cryptocurrencies
President Trump vows to revoke Harvard’s tax break, calls it payback
President Donald Trump said Friday that his administration will revoke Harvard University’s tax-exempt status, saying the school deserves it after what he described as repeated failures to act in the public interest. “It’s what they deserve!” Trump posted on Truth Social, escalating his campaign against elite universities and turning his months-long threats into official government […]Cryptopolitan
May 2, 2025
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Market Movers
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