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Cybersecurity Giant CrowdStrike Misses Q2 Revenue Forecast; Profits Lean on Cost-Cutting, Not Growth Under 'Blue Screen Shadow'
TradingKey - On June 3rd, Eastern Time, cybersecurity company CrowdStrike (CRWD.US) reported earnings for the first quarter of fiscal year 2026 (ending April 30, 2025). It provided revenue guidance for the second quarter, resulting in a 6% drop in its stock price after hours.
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Wed, Jun 4
Fed's Inaction Spurs Bessent to Act! U.S. Treasury Executes Record-Breaking Treasury Buyback
TradingKey - On Tuesday, June 3, at 2 p.m. EST, the U.S. Treasury announced the results of its unprecedented $10 billion Treasury buyback. This marks the largest single Treasury buyback operation in history.TradingKey
Wed, Jun 4
Citigroup and Melius Raise Target Prices: Is Broadcom’s AI Business on the Brink of Explosion?
TradingKey - U.S. East Coast time Tuesday, shares of Broadcom (AVGO), the U.S.-listed chipmaker, rose 3.27% to close at $256.85, hitting a new all-time high and surpassing its previous record of $251.88 set in December last year.
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Wed, Jun 4
NVIDIA regains title of world's most valuable company! Stock rises 2.8%, AI leader makes triumphant return
TradingKey - On Tuesday, U.S. East Coast time, NVIDIA (NVIDIA.US) shares rose 2.8% to close at $141.22, giving the company a market capitalization of $3.45 trillion and surpassing Microsoft to reclaim the top spot among the world's largest listed companies.
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Wed, Jun 4
Japan's Nikkei surges on trade deal hopes lift tech; Toyota Industries slides
TOKYO, June 4 (Reuters) - Japanese stocks snapped a three-session skid on Wednesday after the yen weakened and hopes rose for a potential trade deal that could reopen the technology markets with China.The benchmark Nikkei 225 Index .N225 closed 0.8% higher, while the broader Topix ...Reuters
Wed, Jun 4
Gold steadies as modest US jobs data offsets trade uncertainty
OECD warns of global economic slowdown due to trade warChina tells US to get ties back on "right track"Fed officials cautious on policy outlook amid trade uncertaintyBy Anmol Choubey June 4 (Reuters) - Gold prices steadied on Wednesday as a somewhat strong U.S. jobs data for April offset ...Reuters
Wed, Jun 4
South Korea's new President Lee vows to revive democracy from 'near demise'
Liberal leader sworn in, vows to revive democracy, economyEconomy is under siege from global protectionism, Lee saysLee wins 49.4% of votes in heavy turnoutElection called after Yoon ousted over martial lawWhite House calls South Korea election 'fair' By Hyunsu Yim and Ju-min Park SEOUL, ...Reuters
Wed, Jun 4
U.S. April JOLTS Job Openings Unexpectedly Rise, Labor Market Recovery Still Uncertain
TradingKey – The U.S. labor market showed unexpected strength in April as the JOLTS job openings data came in higher than expected, offering some relief amid concerns over Trump’s escalated steel and aluminum tariffs. U.S. stock indexes rose on Tuesday. However, the report also highlighted ongoing..TradingKey
Wed, Jun 4
Australia's Mayne Pharma slides on US co's notice to scrap $432 mln deal
Mayne Pharma MYX.AX slides as much as 12.5% to A$4.14, lowest since November 21, 2024. Co gets purported notice to terminate $432 million acquisition offer from U.S.-based Cosette Pharmaceuticals. Says it intends to reject termination notice as invalidReuters
Wed, Jun 4
Trump's New Move in the Crypto Space! Social Media Platform to Launch Truth Social Bitcoin ETF
TradingKey - After announcing plans to raise more than $2 billion to purchase bitcoin, pro-crypto President Donald Trump has made another move into the cryptocurrency sector. On Tuesday (the 3rd), the New York Stock Exchange filed an application with the U.S. Securities and Exchange Commission (SEC)
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Wed, Jun 4
Kospi Index Rises Over 2% After Lee Jae-Myung Won South Korea Presidency
TradingKey - The candidate from South Korea's Democratic Party, Lee Jae-myung, has officially been confirmed as the winner of the 21st South Korean presidential election and will assume office immediately. Investors' confidence was boosted by Lee’s victory, as he seeks to end political turmoil and..TradingKey
Wed, Jun 4
FOREX-Dollar edges down as trade tensions simmer ahead of jobs data
TOKYO, June 4 (Reuters) - The dollar drifted lower on Wednesday as the market looked ahead to U.S. employment data for immediate trading cues, while waiting on developments in President Donald Trump's tariff negotiations with key trading partners including China.Reuters
Wed, Jun 4
Japan's service sector growth slows in May, PMI shows
TOKYO, June 4 (Reuters) - Growth in Japan's service-sector activity slowed in May on weaker demand, offering little to mitigate falling factory activity and resulting in a near-zero growth for business overall, a private sector survey showed on Wednesday.Reuters
Wed, Jun 4
