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Thoma Bravo to buy Olo in deal valuing restaurant tech firm at $2 billion
July 3 (Reuters) - Buyout firm Thoma Bravo has agreed to acquire Olo OLO.N in an all-cash deal valuing the company at about $2 billion, the restaurant software provider said on Thursday, sending its shares up more than 13% in early trading.Olo shareholders will receive $10.25 per share in cash under...Reuters
Thu, Jul 3
Lucid rises after reporting 38% jump in quarterly deliveries
** Shares of electric-vehicle maker Lucid LCID.O rise 7.3% to $2.2** Delivered 3,309 vehicles in the second quarter, a rise of 38% from the same quarter last year but below estimates of 3,611 vehicles, according to analysts polled by Visible Alpha ** Demand for LCID's luxury EV cars have remaine...Reuters
Thu, Jul 3
LIVE MARKETS-US reliance on T-bills means easier financial conditions
Main US indexes rally; Nasdaq up ~0.8%; Early close 1 PM EDTMay factory orders 8.2% vs 8.2% est; ISM N-mfg PMI 50.8 vs 50.5 estEuro STOXX 600 index up ~0.4%Dollar rises; bitcoin up >1%; gold, crude declineUS 10-Year Treasury yield rises to ~4.33%Welcome to the home for real-time coverage of marke...Reuters
Thu, Jul 3
This Tech Giant Now Claims Artificial Intelligence Is Doing Up to 50% of Its Work
Artificial intelligence (AI) has the potential to revolutionize companies and industries across the board. And one marketing company that has been investing heavily into AI agents is Salesforce (NYSE: CRM). CEO Marc Benioff is extremely excited about the potential for its Agentforce platform to auto...The Motley Fool
Thu, Jul 3
Assembly Launches 'Assembly Control' to Elevate Brand Safety, Suitability, and Campaign Performance in Programmatic Media
First-of-its-kind custom solution prioritizes advertisers' brand safety and campaign performance NEW YORK, July 3, 2025 /PRNewswire/ -- Assembly, a leading media company part of the Stagwell (NASDAQ: STGW) challenger network, announced today the launch of Assembly Control, a proprietary bra...PR Newswire
Thu, Jul 3
Baltic index slips for seventh straight day on weaker capesize rates
July 3 (Reuters) - The Baltic Exchange's main sea freight index, which monitors rates for vessels moving dry bulk commodities, fell for the seventh straight session on Thursday, weighed down by lower demand for capesize vessels. * The main index .BADI dropped to its lowest point since June 3, sh...Reuters
Thu, Jul 3
Olo shares jump after Thoma Bravo to acquire co
** Shares of restaurant technology provider Olo OLO.N jump 13.2% to $10.09** Olo enters into definitive agreement to be acquired by buyout firm Thoma Bravo** OLO's shareholders to receive $10.25 per share in all-cash deal, offer implies a premium of over 15% to OLO's last close** Deal values...Reuters
Thu, Jul 3
GLOBAL MARKETS-Strong US jobs data lifts dollar, UK bonds steady after jolt
Dollar and bond yields rise on strong US payrollsInvestors await passage of US tax cut and spending billUK bond markets stabilise after sharp selloffBy Marc Jones LONDON, July 3 (Reuters) - Strong U.S. jobs data sent the dollar and Wall Street higher on Thursday, while in Europe, Britain's bo...Reuters
Thu, Jul 3
Crypto Shares Shine. Cipher Mining up 13%; Bit Digital up 10%; SharpLink Gaming, TeraWulf up over 7%; Hut 8 up 5%
Crypto shares jumped on Thursday as Bitcoin rose above $110K while Ethereum rose above $2,600. Cipher Mining up 13%; Bit Digital up 10%; SharpLink Gaming, TeraWulf up over 7%; Hut 8 up 5%.Bitcoin climbs to $110,279, a three-week high, as ETF inflows continue and macro worries ease, Saxo Bank notes. ...Tiger News
Thu, Jul 3
INSTANT VIEW-US job growth beats expectations in June
NEW YORK, July 3 (Reuters) - U.S. job growth in June rose above expectations, while the unemployment rate fell, suggesting the labor market is stable.Nonfarm payrolls increased by 147,000 jobs in June, after rising 144,000 in May, the Labor Department showed on Thursday. Economists polled by Reuters...Reuters
Thu, Jul 3
CANADA STOCKS-TSX opens higher as investors assess economic data, trade talks
July 3 (Reuters) - Canada's main stock index opened higher to hit a record high on Thursday as investors assessed domestic and U.S. economic data, while a U.S.-Vietnam trade pact renewed optimism around global trade deals ahead of the July 9 tariff deadline.At 9:31 a.m. ET (1331 GMT), the Toront...Reuters
Thu, Jul 3
US STOCKS SNAPSHOT-S&P 500, Nasdaq hit fresh record highs after strong jobs data
July 3 (Reuters) - The S&P 500 and the Nasdaq opened at fresh record highs on Thursday after a stronger-than-expected jobs report pointed to resilience in the labor market amid concerns about U.S. President Donald Trump's tariff policies.The Dow Jones Industrial Average .DJI rose 81.3 points...Reuters
Thu, Jul 3
Nasdaq Opens 0.6% Higher, S&P 500 Rises To Fresh Record After A Better-Than-Expected June Jobs Report
U.S. stocks rose on Thursday after a better-than-expected jobs report fueled optimism the U.S. economy was hanging tough despite fast-changing trade policy and geopolitics.Nonfarm payrolls rose by 147,000 in June, the Bureau of Labor Statistics reported Thursday. That’s above the Dow Jones forecast ...Tiger News
Thu, Jul 3
Why CoreWeave Rallied 46.5% in June
Shares of artificial intelligence (AI) neocloud CoreWeave (NASDAQ: CRWV) rocketed 46.5% in June, according to data from S&P Global Market Intelligence.CoreWeave went public in March under a cloud of scrutiny and fears over tariffs. However, it has since become an AI darling, skyrocketing not only in...The Motley Fool
Thu, Jul 3
The TSLY ETF Is an Income Monster
Many ETFs have come onto the market recently that use various options strategies to boost income. For example, some ETFs use covered call strategies to produce yields of 10% or more for investors from relatively low-paying portfolios of stocks.YieldMax ETFs take this idea to the next level, using ag...The Motley Fool
Thu, Jul 3
INSTANT VIEW-US job growth beats expectations in June
NEW YORK, July 3 (Reuters) - U.S. job growth in June rose above expectations, while the unemployment rate fell, suggesting the labor market is stable.Nonfarm payrolls increased by 147,000 jobs in June, after rising 144,000 in May, the Labor Department showed on Thursday. Economists polled by Reuters...Reuters
Thu, Jul 3
US STOCKS-Wall Street set to open higher after strong jobs data
Futures up: S&P 500 0.17%, Nasdaq 0.22%, Dow 0.1%US job growth beats expectations in JuneTripadvisor gains on report Starboard Value built stakeSynopsys, Cadence rise as US lifts China export curbsBy Sruthi Shankar and Nikhil Sharma July 3 (Reuters) - Wall Street was on track to open high...Reuters
Thu, Jul 3
