News
Important Only
Reuters4 hours ago
INSTANT VIEW-With Moody's downgrade, U.S. loses treasured Aaa credit rating
The Motley Fool4 hours ago
Why Viking Therapeutics Stock Bumped 3% Higher Today
The Motley Fool4 hours ago
Does Warren Buffett Know Something That Wall Street Doesn't? Berkshire Hathaway Is Pounding the Table On a Stock That Has Struggled.
Reuters4 hours ago
Soccer-Chelsea beat Manchester United to stay on course for Champions League
Reuters4 hours ago
GLOBAL MARKETS-Global equities gain, gold prices set for big weekly loss
The Motley Fool4 hours ago
Prediction: This "Magnificent Seven" Stock Will Be the Most Valuable Company in the World in 10 Years
Other
INSTANT VIEW-With Moody's downgrade, U.S. loses treasured Aaa credit rating
NEW YORK, May 16 (Reuters) - Moody's on Friday downgraded the credit rating of the United States by a notch to "Aa1" from "Aaa", citing rising debt and interest "that are significantly higher than similarly rated sovereigns".U.S. President Donald Trump's sweeping tax ...Reuters
4 hours ago
Stocks
Why Viking Therapeutics Stock Bumped 3% Higher Today
A major C-suite change at a potential competitor was a key factor behind the rise of Viking Therapeutics (NASDAQ: VKTX) stock on Friday, which closed the trading session 3% higher. That figure was well higher than the 0.7% increase of the benchmark S&P 500 index.What's new at NovoThat rival is Novo ...The Motley Fool
4 hours ago
Stocks
Does Warren Buffett Know Something That Wall Street Doesn't? Berkshire Hathaway Is Pounding the Table On a Stock That Has Struggled.
While Warren Buffett has been willing to adapt to changes in the stock market, he will always at his core be a value investor. Value investing is based on a simple-sounding premise: Buy stocks that are trading at less than their intrinsic value.Yet in practice, value investing is incredibly difficul...The Motley Fool
4 hours ago
Other
Soccer-Chelsea beat Manchester United to stay on course for Champions League
LONDON, May 16 (Reuters) - Chelsea stayed in the hunt for a Champions League place next season with a nervy 1-0 victory over Manchester United on Friday, courtesy of a goal from defender Marc Cucurella.The Spaniard headed home from close range, turning in a cross from captain Reece James, who bambo...Reuters
4 hours ago
Stocks
GLOBAL MARKETS-Global equities gain, gold prices set for big weekly loss
US consumer sentiment slumped in May, survey saysEuropean stocks post fifth week of gains Oil steadies after Thursday's drop By Chris Prentice and Stella Qiu NEW YORK/SYDNEY, May 16 (Reuters) - Wall Street gained on Friday, as European shares climbed to a fifth straight weekly gain on upbeat ...Reuters
4 hours ago
Stocks
Prediction: This "Magnificent Seven" Stock Will Be the Most Valuable Company in the World in 10 Years
If you looked at a list of the world's 20 most valuable companies from a decade ago, you'd notice several familiar names: Apple, Microsoft, Google (now Alphabet), and Berkshire Hathaway all made the list back then.But as much as things have stayed the same, there's also been considerable turnover an...The Motley Fool
4 hours ago
Other
INSTANT VIEW-Moody's downgrades U.S. credit rating from Aaa
May 16 (Reuters) - Moody's on Friday downgraded the credit rating of the United States by a notch to "Aa1" from "Aaa", citing rising debt and interest "that are significantly higher than similarly rated sovereigns".U.S. President Donald Trump's sweeping tax bill faile...Reuters
4 hours ago
Other
Defense and space tech firm Voyager reveals annual revenue rise in US IPO filing
May 16 (Reuters) - Defense technology and space solutions company Voyager Technologies has revealed a rise in its 2024 revenue in filings for its initial public offering in the United States on Friday.The company confidentially filed for the IPO in January. It did not disclose the number of shares i...Reuters
4 hours ago
Other
RPS: New entrants exert downward pressure on rates in the executive lines market in 2025
By Isha MaratheMay 16 - (The Insurer) - The executive lines insurance market is favorable for policyholders in 2025 as new entrants in cyber and technology errors and omissions, and general miscellaneous professional lines, push premiums down, wholesaler Risk Placement Services has said.In a new ma...Reuters
4 hours ago
Cryptocurrencies
BONK price slides despite partnership with DeFi Development Corp to launch Solana validator
BONK declined 4% on Friday despite an announcement from DeFi Development Corporation that it has entered a validator partnership with the Solana meme coin to expand its business and grow its SOL Per Share value.
Fxstreet
5 hours ago
Other
Ten inmates at New Orleans jail escape, including accused murderers
By Brad BrooksMay 16 (Reuters) - Ten inmates escaped from a jail in New Orleans, authorities said on Friday, including some charged with murder, but the city's police department was not notified until two hours after the discovery that the prisoners were missing. Orleans Parish Sheriff Susan Hut...Reuters
5 hours ago
Other
RPS appoints Foody to executive lines practice leader
By Isha MaratheMay 16 - (The Insurer) - Risk Placement Services has appointed Tim Foody, former area senior vice president within RPS’s executive lines practice, as its executive lines practice leader.The move was effective May 1.Foody will oversee a team delivering specialized cyber, D&O, EPL ...Reuters
5 hours ago
Other
US FDA clears first blood test for Alzheimer's detection
By Christy SanthoshMay 16 (Reuters) - The U.S. Food and Drug Administration has cleared Fujirebio Diagnostics' blood test to diagnose Alzheimer's disease, the regulator said on Friday, making the device the first of its kind to detect the brain-wasting condition.Blood tests could speed up di...Reuters
5 hours ago
Economic Indicator
Moody's downgrades US debt to AA1, citing rising interest costs and unsustainable debt growth
Moody's Ratings agency downgraded the US's sovereign debt credit rating after the market close on Friday. According to Moody's, the US is facing rising debt funding costs that far exceed those of similar government debt loads.Fxstreet
5 hours ago
Stocks
Sonnet Biotherapeutics Holdings Inc reports results for the quarter ended March 31 - Earnings Summary
Sonnet Biotherapeutics Holdings Inc SONN.OQ reported a quarterly adjusted loss of 89 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 56 cents. The lone analyst forecast for the quarter was for a loss of 92 cents per share. Re...Reuters
5 hours ago
Stocks
Adial Pharmaceuticals Inc reports results for the quarter ended March 31 - Earnings Summary
Adial Pharmaceuticals Inc ADIL.OQ reported a quarterly adjusted loss of 34 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -62 cents. The mean expectation of two analysts for the quarter was for a loss of 49 cents per share....Reuters
5 hours ago
Cryptocurrencies
Bitcoin Bandits Busted: DOJ Charges 12 In $263 Million Cyber Heist
A dozen more suspects have been added to a massive crypto theft case. Based on reports, the new names join Malone Lam, who was first indicted on September 19, 2024. They now face charges tied to stealing 4,100 Bitcoin last August and laundering roughly $263 million. Related Reading: Analysis: Saylor...Bitcoinist
5 hours ago
Cryptocurrencies
Bitcoin Panic Buying? Eric Trump Says The World Is Stockpiling BTC
Eric Trump, speaking at the Consensus 2025 conference in Toronto on May 15, painted a picture of a world scrambling for Bitcoin. He said he hears the same thing everywhere he goes—on planes, in boardrooms, even from big state funds. His comments came as he joined Hut 8 CEO Asher Genoot on a panel ab...NewsBTC
5 hours ago
Stocks
Did Elon Musk Just Give Nvidia Investors 40 Billion Reasons to Cheer?
When it comes to training generative AI models, Nvidia's (NASDAQ: NVDA) graphics processing units (GPUs) are hailed as the gold standard among industry experts. That's not exactly a novel conclusion considering the semiconductor powerhouse has amassed an estimated 90% or more of the GPU market.The m...The Motley Fool
5 hours ago
Other
FACTBOX-Top cases before the US Supreme Court
May 16 (Reuters) - The U.S. Supreme Court's current term includes cases involving birthright citizenship, guns, gender-affirming medical care for transgender minors, online pornography, religious rights, preventive healthcare, Planned Parenthood funding, job discrimination, federal regulatory po...Reuters
5 hours ago
Other
US FAA to announce temporary flight cuts at Newark after airline meetings
WASHINGTON, May 16 (Reuters) - The Federal Aviation Administration said Friday it plans to announce proposed temporary cuts to flights at Newark after meetings with major U.S. airlines to address congestion impacts from runway construction, equipment and staffing issues.The FAA held three days of on...Reuters
5 hours ago
