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Commodities
PRECIOUS-US-China trade war spurs record-breaking rally in gold
Feb 5 (Reuters) - Gold prices climbed 1% on Wednesday, continuing their record rally as investors sought the safe-haven asset due to concerns about the escalating U.S.-China trade war and its impact on economic growth.
Reuters
Feb 5, 2025
Other
BRIEF-Pasithea Therapeutics Announces Positive Safety Review Committee (SRC) Recommendation from its ongoing Phase 1 Clinical Trial of PAS-004 in Advanced Cancer
Feb 5 (Reuters) - Pasithea Therapeutics Corp KTTA.O:PASITHEA THERAPEUTICS ANNOUNCES POSITIVE SAFETY REVIEW COMMITTEE (SRC) RECOMMENDATION FROM ITS ONGOING PHASE 1 CLINICAL TRIAL OF PAS-004 IN ADVANCED CANCERSource text: ID:nGNXf0tb0Further company coverage: KTTA.OReuters
Feb 5, 2025
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BRIEF-Algernon NeuroScience Appoints Validcare as CRO for its Phase 2a DMT Human Stroke Trial and Announces Validcare’s USD $170K Equity Investment
Feb 5 (Reuters) - Algernon Pharmaceuticals Inc AGN.CD:ALGERNON NEUROSCIENCE APPOINTS VALIDCARE AS CRO FOR ITS PHASE 2A DMT HUMAN STROKE TRIAL AND ANNOUNCES VALIDCARE’S USD $170K EQUITY INVESTMENTSource text: ID:nGNXb17RJPFurther company coverage: AGN.CDReuters
Feb 5, 2025
Stocks
Evercore Inc reports results for the quarter ended December 31 - Earnings Summary
Evercore Inc EVR.N reported quarterly adjusted earnings of $3.41 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $2.02. The mean expectation of nine analysts for the quarter was for earnings of $2.85 per share. Wall Street expe...Reuters
Feb 5, 2025
Stocks
ANALYSIS-Europe steps out from US shadow in 2025, but for how long
By Danilo Masoni MILAN, Feb 5 (Reuters) - European stocks have staged their best performance in a decade against Wall Street in the first six weeks of 2025, but hopes among some they can finally end years of underperformance could yet be dashed by long-standing structural challenges.Seizing on ex...Reuters
Feb 5, 2025
Other
Workday to cut 1,750 jobs in AI push
Adds share movement in paragraph 2, details and background throughout Feb 5 (Reuters) - Workday WDAY.O said on Wednesday it will cut around 1,750 jobs, or 8.5% of its current workforce, as the human capital management firm invests heavily in artificial intelligence to counter a softer macroeconom...Reuters
Feb 5, 2025
Other
BRIEF-Plymouth Industrial REIT Executes Value-Add Initiatives in Recently Acquired Memphis Logistics Portfolio
Feb 5 (Reuters) - Plymouth Industrial REIT Inc PLYM.N:PLYMOUTH INDUSTRIAL REIT EXECUTES VALUE-ADD INITIATIVES IN RECENTLY ACQUIRED MEMPHIS LOGISTICS PORTFOLIOSource text: ID:nGNX94wPmrFurther company coverage: PLYM.NReuters
Feb 5, 2025
Other
BRIEF-Ascot Resources Provides Further Update On CEO Review
Feb 5 (Reuters) - Ascot Resources Ltd AOT.TO:ASCOT RESOURCES PROVIDES FURTHER UPDATE ON CEO REVIEWASCOT RESOURCES PROVIDES FURTHER UPDATE ON CEO REVIEWASCOT RESOURCES LTD - NO CERTAINTY THAT SUFFICIENT CAPITAL WILL BE RAISEDSource text: ID:nGNX94kk5rFurther company coverage: AOT.TOReuters
Feb 5, 2025
Stocks
3 Social Security Changes Retirees Need to Know About in 2025
Without Social Security, millions of Americans would be living below the poverty line. With it, many don't -- even though the average monthly retirement benefit of $1,975 (as of December) is not all that huge. It works out to about $23,700 annually.Fortunately, Social Security does undergo some chan...The Motley Fool
Feb 5, 2025
Other
BRIEF-ValOre Affiliate Hatchet Uranium Corp. Closes $1,500,000 Financing Related to Saskatchewan Uranium Properties Acquisitions
Feb 5 (Reuters) - ValOre Metals Corp VO.V:VALORE AFFILIATE HATCHET URANIUM CORP. CLOSES $1,500,000 FINANCING RELATED TO SASKATCHEWAN URANIUM PROPERTIES ACQUISITIONSSource text: ID:nGNX3SjbZnFurther company coverage: VO.VReuters
Feb 5, 2025
Other
Syria's SDF says it has not received any plans from U.S. forces to withdraw
BEIRUT, Feb 5 (Reuters) - Syria's Kurdish-led Syrian Democratic Forces said on Wednesday the group had not received any plans from the U.S. forces in northern and eastern Syria to withdraw."Of course, ISIS and other malicious forces are waiting for the opportunity of the U.S. withdrawal to r...Reuters
Feb 5, 2025
Other
U.S. aid cuts make New York legal reforms "essential", Stiglitz says
By Duncan Miriri, Rodrigo Campos NEW YORK, Feb 5 (Reuters) - The U.S. move to freeze billions in financial aid boosts the need for New York State to alter a law in support of countries struggling to pay back debt, Nobel Prize laureate Joseph Stiglitz told Reuters. Stiglitz and other academics hav...Reuters
Feb 5, 2025
Stocks
US STOCKS-Nasdaq futures stumble on bleak Alphabet, AMD forecasts
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Chipotle falls after tepid sales forecastDisney gains after Q1 results beat estimates Futures down: Dow 0.04%, S&P 500 0.45%, Nasdaq 0.84%Updates with analyst commentBy Shashwat Chauhan and...Reuters
Feb 5, 2025
Stocks
Prediction: Nvidia Stock Is Going to Soar After Feb. 26
Nvidia (NASDAQ: NVDA) has gotten off to a bad start on the stock market in 2025, losing more than 10% of its value as of this writing, with Chinese artificial intelligence (AI) start-up DeepSeek's launch of a low-cost but capable AI model playing a key role in the semiconductor giant's troubles.When...The Motley Fool
Feb 5, 2025
Other
BRIEF-Old Dominion Freight Line Quarterly Cash Dividend To Increase 7.7% To $0.28 Per Share
Feb 5 (Reuters) - Old Dominion Freight Line Inc ODFL.O:OLD DOMINION FREIGHT LINE INC - QUARTERLY CASH DIVIDEND TO INCREASE 7.7% TO $0.28 PER SHARESource text: ID:nBw9hKX6WaFurther company coverage: ODFL.OReuters
Feb 5, 2025
Stocks
Harley-Davidson shares drop after reporting Q4 loss, missing estimates
Investing.com - Harley-Davidson Inc (NYSE:HOG) reported a wider-than-expected loss on Wednesday for the fourth quarter of 2024, as the iconic motorcycle manufacturer continued to face challenges in thInvesting.com
Feb 5, 2025
Stocks
BUZZ-Capri falls on bleak annual revenue forecast
** Versace parent Capri Holdings' CPRI.N shares down 5% at $22.80 premarket** Company forecasts fiscal 2026 net revenue of $4.1 billion, compared with analysts' estimates of $4.52 billion, according to data compiled by LSEG** Sees fiscal 2025 revenue of $4.4 billion, below analysts' expe...Reuters
Feb 5, 2025
Other
Kremlin says contacts with Trump team are intensifying
Kremlin: there have been Russian contacts with Trump teamTrump says there have been some very good talksZelenskiy says he is prepared to sit down with Putin Lavrov praises Trump for NATO comments Ukrainian debt risesAdds quotes from the Kremlin and Lavrov's NATO remarksBy Dmitry Antonov and Guy ...Reuters
Feb 5, 2025
