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Why Oracle Stock Was on Fire Today
Speculation about a niche technology company possibly changing hands pushed up Oracle's (NYSE: ORCL) stock price on Thursday. The database king was mentioned by more than one speculating party as a potential buyer of the company, which has posted some impressive top-line growth numbers in its time. ...The Motley Fool
May 1, 2025
Stocks
Reddit's strong revenue forecast signals advertising strength
CEO warns Google search disruptions affecting DAUsReddit's Q1 revenue rose 61% from a year agoTotal active advertisers grew over 50%, says COOBy Jaspreet Singh May 1 (Reuters) - Reddit RDDT.N forecast second-quarter revenue above Wall Street estimates on Thursday, betting on growing digital a...Reuters
May 1, 2025
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Fairfax UW profit falls 74% in Q1 to $96.9 million as wildfire-driven cats bite
P&C (re)insurance UW profit of $96.9 million (Q1 2024: $373.0 million)P&C (re)insurance CR of 98.5%, up 4.9 points YoYQ1 2025 cat losses of $781.3 million (Q1 2024: 101.4 million)GPW up 5.0% YoY $8.40 billion, NPW increases 8.4% to $6.77 billionBy Chris MunroMay 1 - (The Insurer) - Fairfax F...Reuters
May 1, 2025
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Mettler-Toledo lowers annual profit forecast on tariff impact
May 1 (Reuters) - Medical equipment maker Mettler-Toledo International MTD.N lowered its annual profit forecast below Wall Street estimates on Thursday, anticipating market uncertainty and impact from tariffs.The company estimates global tariff costs of about $115 million on an annualized basis and ...Reuters
May 1, 2025
Other
May Day protesters across US rally against Trump policies, urge rule of law
Protests target immigration policies, wealthy decision-makersOrganizers accuse Trump of prioritizing profits for billionairesUS Rep Ocasio-Cortez: Republicans 'going after Medicaid next'Abrego Garcia's wife says her husband was 'disappeared'Former US Justice official calls for &#...Reuters
May 1, 2025
Stocks
Medical equipment maker Hologic lowers annual profit forecast on tariff uncertainty
May 1 (Reuters) - Medical equipment maker Hologic HOLX.O lowered its fiscal 2025 profit forecast, citing uncertainty around the tariffs imposed by U.S. President Donald Trump's administration, sending the company's shares down 3% after the bell on Thursday.The Marlborough, Massachusetts-base...Reuters
May 1, 2025
Other
Soccer-Blistering first-half display helps Man United earn stunning victory in Bilbao
By Peter HallBILBAO, Spain, May 1 (Reuters) - Three first-half goals helped Manchester United put themselves on the cusp of the Europa League final on Thursday, with the Premier League side earning a 3-0 semi-final first leg win away at Athletic Bilbao. In a raucous San Memes atmosphere, with suppor...Reuters
May 1, 2025
Commodities
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 1, 2025
Other
Mexico plans gradual reduction to 40-hour work week by 2030
MEXICO CITY, May 1 (Reuters) - Mexico's government will gradually reduce the standard work week to 40 hours, Labor and Social Security Minister Marath Bolanos said on Thursday, in a move expected to take full effect by January 2030.Speaking at a Labor Day event, Bolanos said the ministry will ho...Reuters
May 1, 2025
Stocks
Block trims forecast as consumer spending slowdown fears mount, shares slump
By Ateev BhandariMay 1 (Reuters) - Block XYZ.N cut its profit forecast for 2025 and missed estimates for quarterly earnings on Thursday as the payments firm grapples with muted consumer spending, sending its shares down 19% in extended trading.President Donald Trump's trade policies have sparked...Reuters
May 1, 2025
Other
Vance does not see Russia's war in Ukraine ending 'any time soon' -Fox News interview
May 1 (Reuters) - The war in Ukraine is not going to end "any time soon," U.S. Vice President JD Vance said in an interview with Fox News on Thursday.It is "going to be up to the Russians and Ukrainians now that each side knows what the other's terms for peace are. It's going to ...Reuters
May 1, 2025
Other
EXCLUSIVE-UN eyes major overhaul amid funding crisis, internal memo shows
Global body roiled by cuts from donors, including U.S.Task force suggests merging U.N. agencies to improve efficiencyUN document refers to 'duplication', bloating of senior managementSuggests relocating staff to lower-cost citiesBy Emma Farge and John Shiffman GENEVA/UNITED NATIONS, May 1...Reuters
May 1, 2025
Other
Gallagher’s brokerage organic growth accelerates to 9.5% in Q1
9.5% brokerage segment organic growth (7.1% Q4 2024, 8.8% Q1 2024)Brokerage adjusted Ebitdac of $1.44 billion, Ebitdac margin 43.4%Risk management organic growth of 3.9% (6.0% in Q4 2024, 13.3% Q1 2024) Risk management Ebitdac $76.5 million, Ebitdac margin 20.5%By Michael LoneyMay 1 - (The Insurer) ...Reuters
May 1, 2025
Other
Stryker beats quarterly estimates of string medical device demand
May 1 (Reuters) - Stryker SYK.N beat Wall Street estimates for quarterly profit on Thursday, fueled by strong demand for its medical and surgical devices.Device makers have benefited from a surge in demand as more people in the U.S., particularly older Americans, sought health care services and sur...Reuters
May 1, 2025
Other
Gran Tierra Energy Inc Qtrly Net Loss $19 Mln
May 1 (Reuters) - Gran Tierra Energy Inc GTE.TO:GRAN TIERRA ENERGY INC. REPORTS FIRST QUARTER 2025 RESULTS, RECORD PRODUCTION AND CONTINUED EXPLORATION SUCCESSGRAN TIERRA ENERGY INC - AVERAGE QUARTERLY PRODUCTION OF 46,647 BOEPDGRAN TIERRA ENERGY INC - QTRLY NET LOSS OF $19 MILLIONReuters
May 1, 2025
Other
Amgen Q1 Adjusted EPS $4.90 Vs IBES Estimate $4.30
May 1 (Reuters) - Amgen Inc AMGN.O:AMGEN Q1 ADJUSTED EPS $4.90 VERSUS IBES ESTIMATE $4.30AMGEN Q1 TOTAL REVENUE $8.15 BILLION VERSUS IBES ESTIMATE $8.06 BILLIONAMGEN OUTLOOK FY TOTAL REVENUE $34.3 BILLION TO $35.7 BILLION VERSUS IBES ESTIMATE $35.09 BILLIONAMGEN: 2025 SHARE REPURCHASES NOT TO EXCEED...Reuters
May 1, 2025
Stocks
Amazon cloud revenue, income forecast disappoint, shares slide
AWS revenue growth misses expectations, lagging behind MicrosoftAmazon's Q1 revenue totals $155.7 billionQ2 net sales forecast between $159 billion and $164 billion, largely above estimatesBy Deborah Mary Sophia and Greg Bensinger May 1 (Reuters) - Amazon.com AMZN.O on Thursday reported first...Reuters
May 1, 2025
Other
US VP Vance says Indian response to Kashmir attack should avoid regional war
WASHINGTON, May 1 (Reuters) - U.S. Vice President JD Vance said on Thursday that India's response to the Islamist militant attack last week in India-administered Kashmir should be done in a way that does not lead to a broader regional conflict.In an interview on Fox News, Vance said Pakistan sho...Reuters
May 1, 2025
Other
Ingersoll Rand cuts annual profit forecast amid demand slowdown
May 1 (Reuters) - Air compressor maker Ingersoll Rand IR.N trimmed its full-year adjusted profit forecast on Thursday, expecting sluggish demand for its products.The company now expects annual adjusted profit to be between $3.28 and $3.40 per share, down from its previous expected range of $3.38 to ...Reuters
May 1, 2025
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