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Stocks
Regeneron slides after skin cancer drug combo misses trial goal
Shares of Regeneron REGN.O decline 11.3% to $619.70 premarketThe drugmaker said late Friday its experimental drug combination did not show statistically significant improvement in survival without progression of a type of skin cancer in a late-stage study vs Merck's MRK.N KeytrudaThe trial was t...
Reuters
14 hours ago
Commodities
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $76.02 per troy ounce, up 0.11% from the $75.94 it cost on Friday.
Silver
Fxstreet
14 hours ago
Commodities
IEA chief Birol: commercial oil inventories depleting rapidly, only weeks left
PARIS, May 18 (Reuters) - Fatih Birol, head of the International Energy Agency, said on Monday that commercial oil inventories were depleting rapidly amid the Iran war and the closure of the Strait of Hormuz, and that those inventories only had a few weeks left.Birol also said at the G7 meeting in P...
Reuters
14 hours ago
Other
China’s Xpeng begins mass production of robotaxis in Guangzhou
BEIJING, May 18 (Reuters) - Chinese electric vehicle maker Xpeng 9868.HK said on Monday it had begun mass production of its first robotaxi at its Guangzhou headquarters, targeting fully driverless operations by early 2027.The Tesla TSLA.O rival is accelerating its shift toward driverless vehicles an...
Reuters
14 hours ago
Forex
British Pound: Downside risk versus US Dollar below 200-DMA – Societe Generale
Societe Generale economists argue that the British Pound (GBP) and Gilts face a pivotal period as the Bank of England (BoE) reacts to persistent inflation and wage pressures, which have slowed the pace of rate cuts and hurt long-end Gilts.
GBP/USD
Fxstreet
14 hours ago
Commodities
Russia says it's in constant contact with Cuba on how to ease impact of US blockade
MOSCOW, May 18 (Reuters) - Russia is in constant contact with Cuba's leadership to determine what can be done to ease the impact of the U.S. oil blockade on the Caribbean island, the Kremlin said on Monday.The U.S. blockade has strangled supply and led to strict rationing, with gasoline and dies...
Reuters
14 hours ago
Other
Taiwan open to direct talks between Trump and Lai amid concerns after Beijing summit
Trump suggested he might speak to Taiwan President LaiChina claims democratically governed Taiwan as its ownUS is Taiwan's most important arms supplier TAIPEI, May 18 (Reuters) - Taiwan would welcome a direct call between President Donald Trump and President Lai Ching-te, a senior Taiwanese d...
Reuters
14 hours ago
Forex
New Zealand Dollar advances as US Dollar correction outweighs weak Chinese data
NZD/USD rebounds around 0.5860 on Monday at the time of writing, up 0.35% on the day, after earlier touching a low near 0.5822 following disappointing economic data from China.
NZD/USD
Fxstreet
14 hours ago
Stocks
PRECIOUS-Gold edges higher from over 1-1/2-month low but higher yields cap gains
US 10-year Treasury yields rise to their highest since February 2025Brent rises above $110/bbl on fresh Middle East tensionsTraders see 40% chance of a US interest rate hike in DecemberBy Noel John May 18 (Reuters) - Gold edged higher on Monday from a more than one-and-a-half-month low hit earlie...
Reuters
14 hours ago
Stocks
Delta, Macy’s climb as Berkshire discloses new stakes; UnitedHealth slips
Shares of Delta Air Lines DAL.N and department store operator Macy’s M.N rise premarket while health insurer UnitedHealth UNH.N falls after Berkshire BRKa.N disclosed portfolio changesDAL and M climb 2.5% and 5.6%, respectively, after BRKa revealed a $2.65 bln investment in Delta and a smaller stake...
Reuters
14 hours ago
Stocks
Warren Buffett's Successor, Greg Abel, Just Sold 16 Stocks, but Piled Into an AI Titan That's Now a Top-5 Position for Berkshire Hathaway
Key PointsWarren Buffett's retirement as CEO on Dec. 31 means Greg Abel has the final say on Berkshire's day-to-day operations and its mammoth investment portfolio.Quarterly Form 13F filings show Abel green-lit the complete sale of 16 stocks in the first quarter -- and valuation likely played a big ...
The Motley Fool
14 hours ago
Other
Kremlin says it has 'very serious expectations' for Putin trip to China
MOSCOW, May 18 (Reuters) - Russia has "very serious expectations" for President Vladimir Putin's trip to China this week, and the two sides will use it to develop their privileged partnership, the Kremlin said on Monday.Putin is to visit China on Tuesday and Wednesday.The Russian delegat...
Reuters
14 hours ago
Stocks
Better Buy: Starbucks vs. Dutch Bros Stock
Key PointsStarbucks is demonstrating impressive progress in its turnaround plans, and it pays a dividend with an attractive yield.Dutch Bros is growing at a fast pace and has large expansion opportunities.Both stocks trade at similar P/E ratios.10 stocks we like better than Starbucks › You might thi...
The Motley Fool
14 hours ago
Other
China’s Xpeng begins mass production of robotaxis in Guangzhou
BEIJING, May 18 (Reuters) - Chinese electric vehicle maker Xpeng 9868.HK said on Monday it had begun mass production of its first robotaxi at its Guangzhou headquarters, targeting fully driverless operations by early 2027.The Tesla TSLA.O rival is accelerating its shift toward driverless vehicles an...
Reuters
14 hours ago
Stocks
Is Amazon Starting an Nvidia-Style Run?
Key PointsNvidia stock has soared more than 1,000% over the past few years as it gained momentum in the AI chip market.Amazon is already an AI winner -- but another big AI opportunity may lie ahead.These 10 stocks could mint the next wave of millionaires › Nvidia (NASDAQ: NVDA) has rocketed higher s...
The Motley Fool
14 hours ago
Forex
USD/CAD Price Forecast: 50% Fibo retracement near 1.3755 acts as key barrier
The USD/CAD pair trades marginally lower to near 1.3735 during the European trading session on Monday. The Loonie pair faces selling pressure as the US Dollar (USD) turns upside down due to hopes that the United States (US) and Iran will break the deadlock and reach a deal soon.
USD/CAD
Fxstreet
14 hours ago
Stocks
The Quantum Computing IPO Wall Street Hasn't Figured Out Yet -- but Should in 2026
Key PointsGrowth investors have been speculating on quantum computing stocks as part of a broader AI strategy during the past year.Quantinuum is a quantum computing company backed by Nvidia, Amgen, JPMorgan, and Honeywell.Like many of its peers, Quantinuum is generating real revenue -- but losses ar...
The Motley Fool
14 hours ago
Other
Trump tells Fortune he should have asked for bigger Intel stake
May 18 (Reuters) - U.S. President Donald Trump said he "should have asked for more" of a stake in Intel INTC.O on behalf of the U.S. government, in an interview with Fortune magazine published on Monday. The Trump administration last year took a 10% stake in Intel and announced an investment...
Reuters
14 hours ago
Stocks
Prediction: D-Wave Quantum Stock (QBTS) Will Be Worth This Much by the End of 2026
Key PointsD-Wave Quantum has made headlines as a pioneer in quantum computing technology.The company's technology has garnered commercial traction, but adoption remains extremely limited.D-Wave's weak financial profile and lofty valuation are reminiscent of the way tech stocks were priced during the...
The Motley Fool
14 hours ago
Stocks
Baidu's US-listed shares rise on upbeat quarterly revenue
Chinese search-engine provider Baidu's BIDU.O U.S.-listed shares rise 3.0% to $139.40 premarketBIDU reports Q1 rev of 32.1 billion yuan ($4.72 billion), compared with analysts' avg est of 31.35 billion yuan, according to data compiled by LSEGRev from Baidu's core AI-powered business up 4...
Reuters
14 hours ago
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