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LIVE MARKETS-Israeli shekel may not be the poster boy for disinflation story
STOXX 600 up 0.3%ECB cuts interest rates by 25 bpsNATO defence ministers meetWall Street futures edge upWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com ISRAELI SHEKEL MAY NOT BE ...
Reuters
Thu, Jun 5
Cracker Barrel rises after Q3 profit beat
** Shares of casual dining chain Cracker Barrel Old Country Store CBRL.O rise 2.8% to $59.40 premarket** Co posts Q3 adj profit per share of 58 cents vs analysts' expectations of 30 cents - data compiled by LSEG** Posts Q3 revenue of $821.1 mln vs estimates of $824.3 mln** Expects 2025 revenue b...
Reuters
Thu, Jun 5
Can Archer Aviation's Air Taxi Make It to the First Flight?
Archer Aviation (NYSE: ACHR) is in a race. In fact, right now, it has a lot of races going on. One of the most important is taking place on the balance sheet. The big question is whether or not it can get its first air taxi service up and running before the cash runs out.Here's a look at the likelih...
The Motley Fool
Thu, Jun 5
Regenxbio rises on early data from muscle disorder gene therapy trial
** Shares of gene therapy developer Regenxbio RGNX.O up 2.7% at $10.35 premarket ** RGNX says its experimental gene therapy, RGX-202, for the treatment of Duchenne muscular dystrophy (DMD) was safe with no serious adverse events observed in early-stage study** DMD causes skeletal and heart muscle we...
Reuters
Thu, Jun 5
ChargePoint stumbles on Q1 revenue miss
** EV charging network operator ChargePoint Holdings' CHPT.N shares dip 15.31% to 75 cents premarket** Co reported quarterly rev. of $97.64 million for the quarter ended April 30, down 8.8% from a year ago and below analysts’ expectations of $100.53 million** "While we give ChargePoint credi...
Reuters
Thu, Jun 5
2 Recession-Proof Stocks to Buy and Hold
President Trump's trade policies are sparking concerns about a potential recession. Though it's hard to predict an upcoming economic downturn, it's never a bad idea for investors to buy shares of companies that can perform relatively well even in bad times. These corporations often have robust under...
The Motley Fool
Thu, Jun 5
PRECIOUS-Gold rises as traders await US data; silver hits over 13-year high
US non-farm payroll data due on FridayTrump says Fed chief must lower interest rateSilver hits highest level in more than 13 yearsBy Anushree Mukherjee and Brijesh Patel June 5 (Reuters) - Gold held its ground on Thursday as investors looked forward to U.S. non-farm payrolls data due later this w...
Reuters
Thu, Jun 5
Phio Pharma up after H.C. Wainwright assumes coverage with 'buy' rating
** Shares of drug developer Phio Pharmaceuticals PHIO.O rises 12.4% to $2.36 premarket ** Brokerage H.C. Wainwright assumes coverage with "buy" rating; sets PT at $14 ** New PT represents a near seven-fold increase from the stock's last close** "We believe Phio is flying under the ra...
Reuters
Thu, Jun 5
Euro, bond yields, stocks little changed after ECB rate cut
LONDON, June 5 (Reuters) - The euro and euro zone government bond yields were little changed on Thursday after the European Central Bank cuts its deposit rate by 25 basis points to 2%, in line with expectations. The euro EUR=EBS was last flat on the day against the dollar at $1.1423, broadly in line...
Reuters
Thu, Jun 5
Copper miners gain as red metal hits two-month high on supply worries
** U.S.-listed shares of copper miners gain premarket, tracking red metal's prices** Benchmark three-month copper CMCU3 on London Metal Exchange up 1.5% at $9,761 per metric ton, strongest since April 1** Copper prices rise amid dwindling inventories in London Metal Exchange warehouses and suppl...
Reuters
Thu, Jun 5
Great News for Nio's Massive Battery-Swapping Ambitions
Nio (NYSE: NIO) has always been a fascinating stock to follow with its many ups and downs. The Chinese automaker is poised for strong growth on the back of launching two entirely new brands, Onvo and Firefly.Nio is also intriguing for its decision to push battery-swap technology, which it offers at ...
The Motley Fool
Thu, Jun 5
LIVE MARKETS-Retail investors take on riskier bets despite uncertainties
STOXX 600 up 0.3%ECB set to cut interest ratesNATO defence ministers meetWall Street futures edge upWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com RETAIL INVESTORS TAKE ON RISKI...
Reuters
Thu, Jun 5
'In an uncertain world, opportunities abound' - Citi on European health cos
** Citi is more constructive on the opportunities in European Healthcare Services and MedTech, seeing fewer near-term risks to consensus in an uncertain market ** The broker says Q1 earnings largely showed resilient end-markets as well as a stable cost/operating environment, with guidance ranges ...
Reuters
Thu, Jun 5
PVH slides after forecasting second-quarter profit below estimates
** Shares in Tommy Hilfiger parent PVH Corp PVH.N slump 8.4% to $74 premarket ** Co forecasts Q2 adj. EPS between $1.85 and $2, below estimates of $2.08 - data compiled by LSEG ** Also trims FY adj. EPS to between $10.75 and $11, down from previous range of $12.40-$12.75** "Navigating a highly d...
Reuters
Thu, Jun 5
Billionaire Ken Griffin Just Bought More Shares of These Unstoppable Dividend Stocks
Some stock-trading platforms enable their users to automatically replicate the positions taken by experienced investors or other famous figures. Many investors might prefer to do their own research before buying shares of a company, but it's still a good idea to pay attention to some of the moves mo...
The Motley Fool
Thu, Jun 5
Is Netflix Stock a Buy?
Netflix (NASDAQ: NFLX) is the clear winner in streaming with over 300 million subscribers, but will the growth story for Netflix continue for the next decade? We dig into the company's strategy, growth, and valuation in this video.*Stock prices used were end-of-day prices of June 2, 2025. The video ...
The Motley Fool
Thu, Jun 5
Turning the page on packaging waste: Amcor's AmFiber™ Performance Paper proves recyclability in Brazil
Successful trials show AmFiberTM Performance Paper can be a smart choice in Brazil's mixed-paper recycling streams ZURICH, June 5, 2025 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, announced that its AmFiber™ Pe...
PR Newswire
Thu, Jun 5
RPT-BREAKINGVIEWS-Keep Fannie and Freddie on tight financial leashes
By Gabriel Rubin WASHINGTON, June 4 (Reuters Breakingviews) - There’s fresh talk about releasing the biggest financial rescues in U.S. history back into the wild. President Donald Trump last week hinted at accelerating efforts to reprivatize mortgage buyers Fannie Mae and Freddie Mac while also s...
Reuters
Thu, Jun 5
RPT-BREAKINGVIEWS-Industrial mega-deal shows safe isn’t always sound
By Sebastian Pellejero NEW YORK, June 4 (Reuters Breakingviews) - Flowserve FLS.N and Chart Industries GTLS.N are following a simple premise: bigger is better. The industrial equipment makers on Wednesday announced a $19 billion all-stock merger of equals, creating a sprawling enterprise across ...
Reuters
Thu, Jun 5
Waterdrop Inc. Announces First Quarter 2025 Unaudited Financial Results, Net profit rises 34.2% year-on-year
BEIJING, June 5, 2025 /PRNewswire/ -- On June 5, 2025, Waterdrop Inc. (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare services with a positive social impact, unveiled its unaudited financial results for the three months ended March 31, 2025. During the quarter, ...
PR Newswire
Thu, Jun 5
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