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05 May
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Space-aged Bordeaux wine offered for private sale by Christie’s By Reuters

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By Steve Gorman (Reuters) - A space-aged bottle of fine French wine, part of a case of Bordeaux that was literally matured in Earth orbit for 14 months, is being put up for private sale by Christie's, and the auction house estimates it may fetch up to $1 million. The unprecedented offering of the 2000 vintage Petrus, an exclusive, world-class red produced from Merlot grapes in the Pomerol wine-growing region of Bordeaux, was announced in London on Wednesday. "This bottle of Petrus 2000 marks a momentous step in the pursuit of developing and gaining a greater...

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05 May
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Activision Blizzard Earnings, Revenue beat in Q1 By Investing.com

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Activision Blizzard (NASDAQ:ATVI) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. Activision Blizzard announced earnings per share of $0.84 on revenue of $2.07B. Analysts polled by Investing.com anticipated EPS of $0.698 on revenue of $1.78B. Activision Blizzard shares are down 4% from the beginning of the year and are trading at $90.35 , down-from-52-week-high.They are under-performing the Nasdaq which is up 5.78% from the start of the year. Activision Blizzard shares gained 1.84% in after-hours trade the report. Activision Blizzard follows other major Technology sector earnings this...

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05 May
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Canada’s Alberta confirms first death linked to AstraZeneca vaccine By Reuters

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(Reuters) - The Canadian province of Alberta reported its first death of a patient from a rare blood clot condition after receiving the AstraZeneca (NASDAQ:AZN) COVID-19 vaccine, its chief medical officer confirmed late Tuesday. The Alberta case marks the second case of blood clots, and the only death after more than 253,000 doses of AstraZeneca were administered in the province, the statement added. AstraZeneca did not immediately respond to Reuters' request for a comment. Last month, the province of Quebec reported Canada's first death of a patient after receiving the AstraZeneca COVID-19 vaccine. The rare...

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05 May
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Siemens Energy cuts sales outlook on heels of Siemens Gamesa By Reuters

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FRANKFURT (Reuters) - Siemens Energy, which supplies turbines to the power sector, on Wednesday lowered the upper end of its target range for 2021 sales, hurt by weaker-than-expected demand, project delays and the ongoing coronavirus crisis. Revenues are now expected to grow 3-8% in the year to September, compared with a previous range of 2-12%. According to Refinitiv estimates, sales are expected to grow 6% to 29.1 billion euros ($35 billion). The outlook cut comes less than a week after Siemens Gamesa, the world's No. 1 maker of offshore wind turbines in which Siemens...

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05 May
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Xilinx Earnings, Revenue beat in Q4 By Investing.com

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Xilinx reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Xilinx announced earnings per share of $0.82 on revenue of $851M. Analysts polled by Investing.com anticipated EPS of $0.7335 on revenue of $818.31M. Xilinx shares are down 0% from the beginning of the year and are trading at $123.08 , down-from-52-week-high.They are under-performing the Nasdaq which is up 5.78% from the start of the year. Xilinx follows other major Technology sector earnings this month Xilinx's report follows an earnings beat by Apple on April 28, who...

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05 May
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Lyft Makes Progress on Road to Profit After Q1 Results Beat By Investing.com

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By Yasin Investing.com – Lyft (NASDAQ:LYFT) reported Tuesday better-than-expected first-quarter results as reopening of the economy boosted its recovery, inching the ride-hailing business closer toward profitability. Shares rose 1.6% in after-market hours. Lyft reported a Q1 loss per share of $0.35, narrower than consensus estimates for a loss of $0.53 a share, while revenues of $609 million topped estimates for $554.7 million. The beat was led by the ride-hailing business as the economy reopens.   "We had an exceptionally strong Q1 as more people started moving again. Our results meaningfully exceeded our outlook...

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05 May
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Dollar tries to build rally, eyes major euro bulwark By Reuters

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By Wayne Cole SYDNEY (Reuters) - The dollar tried to extend a rally on Wednesday as chatter about the possibility of higher U.S. interest rates and a sell-off in tech stocks soured risk sentiment to the benefit of the safe-haven currency. The rebound put pressure on the euro which dropped to $1.2012 and threatened to breach important chart support in the $1.1995/1.2000 area. "If sustained, this could suggest today's session may be important for near-term direction, particularly if EURUSD managed to close below the key $1.20 pivot," said Ned Rumpeltin, European head of FX strategy at...

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05 May
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Asia shares flat, holidays help blunt U.S. tech retreat By Reuters

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By Wayne Cole SYDNEY (Reuters) - Asian shares risked falling for a fourth straight session on Wednesday as sentiment took a knock from a selloff in large cap Wall Street tech darlings, combined with talk of rising U.S. interest rates. Holidays in Japan, China and South Korea limited the early reaction, leaving MSCI's broadest index of Asia-Pacific shares outside Japan dithering either side of flat. Japan's Nikkei was shut, but futures traded down at 28,735 compared to the last cash close of 28,812. Nasdaq futures steadied after a sharp pullback overnight, while S&P 500 futures...

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05 May
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Verisk Earnings, Revenue miss in Q1 By Investing.com

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Verisk reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. Verisk announced earnings per share of $1.23 on revenue of $726.1M. Analysts polled by Investing.com anticipated EPS of $1.25 on revenue of $726.39M. Verisk shares are up 6% from the beginning of the year and are trading at $188.55 , down-from-52-week-high.They are broadly in line with the Nasdaq which is up 5.78% from the start of the year. Verisk shares gained 0.02% in after-hours trade the report. Verisk follows other major Financial sector earnings this month...

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