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Economic Indicator
AUD/USD Price Forecast: Wobbles around 200-day EMA near 0.6400 for almost two weeks
The AUD/USD pair jumps to near 0.6430 on Friday. The Aussie pair strengthens as the US Dollar (USD) corrects sharply, even as hopes of a de-escalation in the trade war between the United States (US) and China have improved.
Fxstreet
May 2, 2025
Other
Trump to take away Harvard’s tax exempt status
WASHINGTON, May 2 (Reuters) - U.S. President Donald Trump on Friday said his administration will strip Harvard University of its tax exempt status."We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve!" Trump said in a post on his social media platform.Reuters
May 2, 2025
Stocks
DTE Energy Co reports results for the quarter ended March 31 - Earnings Summary
DTE Energy Co DTE.N reported quarterly adjusted earnings of $2.10 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.67. The mean expectation of fourteen analysts for the quarter was for earnings of $2.00 per share. Wall Street ex...Reuters
May 2, 2025
Cryptocurrencies
Why Top Dogecoin (DOGE) And Ethereum (ETH) Wallets Are Quietly Building Positions In This New Token
Numerous top Dogecoin (DOGE) and Ethereum (ETH) wallets are acquiring positions in the decentralized finance project Mutuum Finance (MUTM) through its ongoing presale phase. Mutuum Finance (MUTM) has accomplished a fundraising total of $7.3 million by selling 430 million tokens to 9,200 investors. Forward momentum in phase 4 operates at a price point of $0.025 […]Cryptopolitan
May 2, 2025
Stocks
1 No-Brainer Tech Stock Down 18% to Buy on the Dip in 2025
Needless to say, 2025 hasn't been the best year for most big tech stocks, with many of them down significantly through April 29. This can be attributed to a few things: inflated valuations (much of it coming from artificial intelligence hype), macroeconomic factors, and the newly announced tariffs f...The Motley Fool
May 2, 2025
Stocks
Did Huawei Just Say "Checkmate" to Nvidia?
Privately held Chinese tech conglomerate Huawei is reportedly building a new chip to rival Nvidia (NASDAQ: NVDA), which has long been considered the world's dominant artificial intelligence (AI) chipmaker.However, export regulations dating back to 2022 have gradually curbed Nvidia's ability to sell ...The Motley Fool
May 2, 2025
Forex
Cboe posts record quarterly profit as market volatility sparks hedging rush
May 2 (Reuters) - Derivatives exchange Cboe Global Markets CBOE.Z reported a record first-quarter profit on Friday as heightened market volatility fueled strong growth in options trading.Exchanges thrive during times of market turmoil as trading volumes surge and investors hedge their portfolios to ...Reuters
May 2, 2025
Commodities
RPT-COLUMN-Chicago corn still chasing 50-year streak as prices stagnate: Braun
By Karen Braun NAPERVILLE, Illinois, May 1 (Reuters) - U.S. farmers are now in the thick of corn-planting, a period usually filled with anticipation for the upcoming harvest potential.But the markets may not be bringing much joy to producers given that new-crop Chicago corn futures started May on...Reuters
May 2, 2025
Other
York Water Co expected to post earnings of 33 cents a share - Earnings Preview
York Water Co YORW.OQ YORW.O is expected to show a rise in quarterly revenue when it reports results on May 5 (estimated) for the period ending March 31 2025The York Pennsylvania-based company is expected to report a 7.8% increase in revenue to $19 million from $17.63 million a year ago, according...Reuters
May 2, 2025
Other
Morning News Call - U.S., May 2
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
May 2, 2025
Forex
FOREX -Dollar on back foot ahead of payrolls data even as trade talks go on
China's Commerce Ministry evaluates US offer for trade talksYen hits three-week low against the dollar then reboundsNon-farm payrolls report awaited for Fed rate cut cluesBy Rocky Swift TOKYO, May 2 (Reuters) - The dollar dipped on Friday, with investors nervous about chasing its recent rebou...Reuters
May 2, 2025
Other
IGM Biosciences Inc expected to post a loss of 41 cents a share - Earnings Preview
IGM Biosciences Inc IGMS.OQ IGMS.O is expected to show a rise in quarterly revenue when it reports results on May 6 (estimated) for the period ending March 31 2025The Mountain View California-based company is expected to report a 524.1% increase in revenue to $3.102 million from $497 thousand a ye...Reuters
May 2, 2025
Stocks
Palantir Stock: Bull vs. Bear
Palantir (NASDAQ: PLTR) is arguably one of the hottest stocks in town.In the last 12 months, the tech company delivered a remarkable 425% return to investors (as of writing). Strong financial growth and ongoing strong prospects are teh main driver of its outstanding stock performance.Where to invest...The Motley Fool
May 2, 2025
Other
Impactive Capital Issues Letter To WEX Shareholders Announcing Intention To Vote Against 3 Directors At Annual Meeting
May 2 (Reuters) - WEX Inc WEX.N:IMPACTIVE CAPITAL ISSUES LETTER TO WEX SHAREHOLDERS ANNOUNCING INTENTION TO VOTE AGAINST 3 DIRECTORS AT ANNUAL MEETINGIMPACTIVE CAPITAL: TO VOTE AGAINST VANWOERKOM, SMITH, NEARY AT WEX ANNUAL MEETINGReuters
May 2, 2025
Other
Aclaris Therapeutics Inc expected to post a loss of 12 cents a share - Earnings Preview
Aclaris Therapeutics Inc ACRS.OQ ACRS.O is expected to show a fall in quarterly revenue when it reports results on May 5 (estimated) for the period ending March 31 2025The Wayne Pennsylvania-based company is expected to report a 46.6% decrease in revenue to $1.28 million from $2.4 million a year a...Reuters
May 2, 2025
Other
Relmada Therapeutics Inc expected to post a loss of 31 cents a share - Earnings Preview
Relmada Therapeutics Inc RLMD.OQ RLMD.O is expected to show no change in quarterly revenue when it reports results on May 6 (estimated) for the period ending March 31 2025LSEG's mean analyst estimate for Relmada Therapeutics Inc is for a loss of 31 cents per share. The current average analyst ...Reuters
May 2, 2025
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Market Movers
Dell Technologies Inc Stock (DELL) Moved Down by 4.95% on May 12: Facts Behind the Movement
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Texas Instruments Inc Stock (TXN) Moved Down by 3.35% on May 12: What Investors Need To Know
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