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GLOBAL MARKETS-Stocks on guard for payrolls, Tesla tumbles as Trump-Musk bromance sours
SYDNEY, June 6 (Reuters) - Asian shares were subdued on Friday as investors hunkered down for the all-important payrolls report, while Tesla suffered huge losses on the very public feud between President Donald Trump and billionaire Elon Musk.Reuters
Fri, Jun 6
China, HK stocks open flat as US-China call offers little relief on trade tensions
SHANGHAI, June 6 (Reuters) - China and Hong Kong stocks opened flat on Friday, as a call between Washington and Beijing offered little clarity to ease ongoing trade tensions.China's blue-chip CSI300 Index .CSI300 edged down 0.1%, while the Hong Kong benchmark Hang Seng .HSI nudged 0.1% higher.U....Reuters
Fri, Jun 6
Why Viasat Stock Floated Higher Today
Satellite stocks were in vogue in late trading on Thursday, thanks to a rapidly escalating spat between two of the most high-profile individuals in the world. A beneficiary of this was Viasat (NASDAQ: VSAT), which ended up booking a 2.6% gain in its share price on the day. That made it an outperform...The Motley Fool
Fri, Jun 6
Australia's EBR Systems rises on heart pacer implants in the U.S.
** Shares of EBR Systems EBR.AX rises as much as 9.5% to A$1.215, set for their strongest intraday session since May 23** Medtech firm says heart pacer WiSE System has been successfully implanted in the first commercial patients in the U.S., following recent FDA approval** Adds, it remains on track ...Reuters
Fri, Jun 6
PRECIOUS-Gold heads for weekly gain on weak US economic data, softer dollar
June 6 (Reuters) - Gold prices rose on Friday and headed for weekly gains, as weaker U.S. economic data bolstered demand and a softer dollar lent further support, while investors awaited U.S. payroll data for clues on the Federal Reserve's monetary policy trajectory.FUNDAMENTALS* Spot gold XAU= ...Reuters
Fri, Jun 6
RPT-COLUMN-Wall Street's 'hopium' high not exhausted yet: McGeever
By Jamie McGeeverORLANDO, Florida, June 5 (Reuters) - By any measure, the recent resilience of U.S. stocks is remarkable, with Wall Street powering through numerous headwinds to erase all its tariff-fueled losses and move into positive territory for the year. And although these headwinds haven't...Reuters
Fri, Jun 6
GLOBAL MARKETS-US stocks end lower, crude gains as Trump-Musk row distracts from trade talks, data
NEW YORK, June 5 (Reuters) - Wall Street veered to a sharply lower close and crude prices advanced on Thursday as a high-profile dispute between U.S. President Donald Trump and billionaire Elon Musk overshadowed trade talks between Washington and Beijing and a spate of downbeat economic data.Reuters
Fri, Jun 6
Trump-Musk row slams Tesla shares, $150 billion in market value wiped out
June 5 (Reuters) - Tesla shares went into free-fall on Thursday as President Donald Trump publicly feuded with the electric vehicle maker's billionaire CEO Elon Musk, his self-proclaimed "First Buddy." Investors watched the unfolding drama with growing worry about what the fracas could mean for Musk
Reuters
Fri, Jun 6
Lululemon slumps after lowering annual profit forecast
** Shares of Lululemon Athletica LULU.O fall 16% to $277.99 in extended trade** Company cuts annual profit forecast, as consumer demand waned amid increased competition and a gradual economic slowdown triggered by uncertainty over the Trump administration's trade policy ** LULU now expects annua...Reuters
Fri, Jun 6
US STOCKS-Wall Street stocks end down as Tesla slumps 14% on Trump-Musk feud
Dow -0.25%, S&P 500 -0.53%, Nasdaq -0.83%Tesla slumps on growing Trump-Musk public feudInitial jobless claims rose for second straight weekTrump, Xi talks in focusBy Saeed Azhar, Kanchana Chakravarty and Sukriti Gupta NEW YORK, June 5 (Reuters) - Wall Street's stock indexes ended lowe...Reuters
Fri, Jun 6
QUOTES -Trump, Musk public feud escalates; Nasdaq falls; Tesla, DJT tumble,
NEW YORK, June 5 (Reuters) - President Donald Trump threatened on Thursday to cut off government contracts with companies owned by billionaire Elon Musk, as the alliance between the world's most powerful man and its richest erupted into a rancorous public fight. The feud, which exploded in sp...Reuters
Fri, Jun 6
Move Over Nvidia, Taiwan Semiconductor, and Micron. Brad Gerstner's Altimeter Capital Just Gave Investors 2,999,536 Reasons to Check Out the Hottest Artificial Intelligence (AI) IPO Stock of 2025
Brad Gerstner is the founder and CEO of hedge fund Altimeter Capital. Some of his more notable wins include being an early investor in data cloud company Snowflake and Asian ridehailing leader Grab.As is the case with many investment funds, Altimeter has made artificial intelligence (AI) stocks a co...The Motley Fool
Fri, Jun 6
Newsmax Stock Plummeted Today -- Is Now the Time to Buy?
Newsmax (NYSE: NMAX) stock got hit with another round of big sell-offs in Thursday's trading. The company's share price closed out the day's trading down 10.5% amid the backdrop of a 0.6% decline for the S&P 500 and a 0.9% decline for the Nasdaq Composite.Sell-offs picked up as the day progressed as...The Motley Fool
Thu, Jun 5
Verizon: A Mediocre Investment or a Reliable Dividend Player?
Explore the exciting world of Verizon (NYSE: VZ) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices of April 30, 2025. The video was publishe...The Motley Fool
Thu, Jun 5
Lululemon tumbles as slowing demand, tariff costs prompt annual profit cut
Shares drop 22% after downbeat Q2 forecast, annual profit target cutLululemon says economic uncertainty affects consumer spending, store trafficStrategic price increases planned to offset tariff impactBy Ananya Mariam Rajesh June 5 (Reuters) - Lululemon cut its profit forecast for the year, hurt ...Reuters
Thu, Jun 5
Five Below: Strong Q1 Comparable Sales
Here's our initial take on Five Below's (NASDAQ: FIVE) fiscal 2025 first-quarter financial report.Key MetricsMetricQ1 FY24Q1 FY25Changevs. ExpectationsRevenue$811.9 million$970.5 million 19.5%BeatEarnings per share (adjusted)$0.60$0.86 43%BeatComparable sales growth(2.3%)7.1% 9.4 ppn/aNew store open...The Motley Fool
Thu, Jun 5
Enghouse Systems Ltd reports results for the quarter ended April 30 - Earnings Summary
Enghouse Systems Ltd ENGH.TO reported quarterly adjusted earnings of 24 cents per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of three analysts for the quarter was for earnings of 37 cents per share. ...Reuters
Thu, Jun 5
