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LIVE MARKETS-US stock futures add to gains, yields rise, after latest jobs data
US equity index futures green: Nasdaq 100 up ~0.9%May non-farm payrolls 139k vs 130k estimateEuro STOXX 600 index up ~0.1%Dollar rallies; gold off, crude up; bitcoin gains ~3.5%US 10-Year Treasury yield rises to ~4.47%Welcome to the home for real-time coverage of markets brought to you by Reuters re...Reuters
Fri, Jun 6
Virco Mfg Corp reports results for the quarter ended April 30 - Earnings Summary
Virco Mfg Corp VIRC.OQ reported quarterly adjusted earnings of 5 cents per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 13 cents. The lone analyst forecast for the quarter was for a loss of 13 cents per share. Revenue fell 27.8% to ...Reuters
Fri, Jun 6
Mackenzie Investments Announces Final Proceeds Relating To The Termination Of Mackenzie Global Sustainable Dividend Index ETF
June 6 (Reuters) - IGM Financial Inc IGM.TO:MACKENZIE INVESTMENTS ANNOUNCES FINAL PROCEEDS RELATING TO THE TERMINATION OF MACKENZIE GLOBAL SUSTAINABLE DIVIDEND INDEX ETF AND REDEMPTION OF USD UNITS OF MACKENZIE US LARGE CAP EQUITY INDEX ETFReuters
Fri, Jun 6
U.S. money market fund inflows surge on caution over tariffs
June 6 (Reuters) - U.S. money market funds witnessed huge inflows in the week ended June 4 as investor caution over a rise in U.S. tariffs on steel imports, uncertainties over President Donald Trump's trade disputes with China and a crucial employment report on Friday, boosted demand for safer i...Reuters
Fri, Jun 6
Euro zone bond yields little changed after US payroll data
June 6 (Reuters) - Euro zone bond yields were little changed on Friday after U.S. non-farm payroll data showed job growth in the United States slowed in May but was marginally better than forecast.Germany's 10-year bond yield DE10YT=RR, the benchmark for the euro area, pared some of the ...Reuters
Fri, Jun 6
INSTANT VIEW-US payrolls growth slows in May, unemployment rate steady
NEW YORK, June 5 (Reuters) - U.S. job growth slowed in May, while the unemployment rate held steady, potentially giving the Federal Reserve a buffer to delay the resumption of interest rate cuts.Nonfarm payrolls increased by 139,000 jobs last month after rising by a downwardly revised 147,000 in Apr...Reuters
Fri, Jun 6
Acrisure prices $550 million note offering
By Isha MaratheJune 6 - (The Insurer) - Acrisure LLC and Acrisure Finance Inc have announced the pricing of $550 million aggregate principal amount of 6.75% secured senior notes due 2032. The issuers intend to use the net proceeds from the offering – together with the proceeds from a new tranche of...Reuters
Fri, Jun 6
Omada Health set for Nasdaq debut after $150 million IPO
** Virtual chronic care provider Omada Health OMDA.O set to begin trading on the Nasdaq later in the day** San Francisco, California-based OMDA late on Thursday raised $150.1 million by selling 7.9 million shares at $19 apiece, the midpoint of its marketed range of $18 to $20 ** At IPO price, OMDA f...Reuters
Fri, Jun 6
Broadcom Stock Slips 4% as Earnings Only Slightly Beat Wall Street's Estimate Despite Strong AI Chip Sales
Shares of Broadcom (NASDAQ: AVGO) declined 4% in Thursday's after-hours trading, following the semiconductor and infrastructure software maker's release of its report for the second quarter of fiscal year 2025 (ended May 4). Broadcom's second-quarter earnings edged by Wall Street's expectation and r...The Motley Fool
Fri, Jun 6
Is Ford's Big Problem Rearing Its Ugly Head Again?
Let's take a moment to rewind back almost a year ago, when Ford Motor Company (NYSE: F) reported second-quarter earnings for 2024."It's a code-red situation at Ford after a disaster quarter," Daniel Ives, an analyst at Wedbush Securities, said in comparison to healthy results at crosstown rival Gene...The Motley Fool
Fri, Jun 6
G-III Apparel Group falls after pulling annual profit forecast on tariff woes
** Shares of Donna Karan parent G-III Apparel Group GIII.O down ~7% at $25.76 premarket** Co withdraws annual adjusted net income and adjusted EBITDA guidance on uncertainty around tariffs and related macroeconomic conditions** Sees ~$135.0 million in unmitigated cost of tariffs on goods imported in...Reuters
Fri, Jun 6
Musk Signals Truce with Trump, Tesla Stock Rebounds 5%
TradingKey - According to American media sources, Elon Musk has hinted at a willingness to ease tensions following a public fallout with Donald Trump. This development has influenced Tesla's shares to climb over 5% in pre-market trading.
TradingKey
Fri, Jun 6
CyberArk Software steady after upsized $1.1 bln convertible bond sale
** U.S.-listed shares of Israel-based CyberArk Software CYBR.O flat on light premarket volume after co raises more capital than targeted** Cybersecurity firm late Thurs announced pricing $1.1 bln 0% 5-yr convertible bond offering** Initial conversion price of $509.84 represents 30% premium to stock&...Reuters
Fri, Jun 6
US STOCKS SNAPSHOT-US stock index futures extend gains after May nonfarm payrolls data
June 6 (Reuters) - U.S. stock index futures extended gains on Friday after a stronger-than-expected jobs report calmed worries over the health of the labor market in the wake of President Donald Trump's tariff war.A Labor Department report showed nonfarm payrolls increased 139,000 in May, compar...Reuters
Fri, Jun 6
Here's How Often Warren Buffett Has Outperformed the S&P 500 -- and What It Means for Your Investing Strategy
Warren Buffett is one of the greatest investors of our time, building a portfolio that topped $258 billion as of the end of the latest quarter. The billionaire's known for identifying quality companies and getting in on them when they're trading at reasonable, and sometimes even dirt cheap, levels. ...The Motley Fool
Fri, Jun 6
Prediction: This "Magnificent Seven" Growth Stock Will Hit an All-Time in June. Here's Why It's Worth Buying Now.
Microsoft (NASDAQ: MSFT) stock has been on a tear ever since the tech giant reported its fiscal 2025 third-quarter earnings on April 30. The stock soared by 16.5% in May and is now just a few percentage points below its all-time high.Despite that run-up, there are plenty of reasons to believe that t...The Motley Fool
Fri, Jun 6
Venus Concept soars on $20 million sale of hair transplant business
** Shares of medical beauty device maker Venus Concept VERO.O rise 60% to $3.83 premarket** Co says it is selling its hair restoration business to Seoul-based firm Meta Healthcare for $20 million in cash** The sale includes the ARTAS and NeoGraft hair transplant tech and their California manufacturi...Reuters
Fri, Jun 6
FACTBOX-Brokerages lift S&P 500 annual targets on trade relief
June 6 (Reuters) - Major brokerages such as Barclays and Deutsche Bank have raised their S&P 500 .SPX index price targets, pointing to fading trade uncertainties and less tariff-driven pressure on earnings. RBC Capital Markets, Deutsche Bank and Barclays lifted their targets this week, bui...Reuters
Fri, Jun 6
Is UnitedHealth a Millionaire Maker?
There is a ton of money in America's healthcare system. The country's annual healthcare expenditures push $5 trillion, representing nearly a fifth of the world's largest economy. UnitedHealth (NYSE: UNH) has generated life-changing returns as one of the industry's most powerful companies.At its peak...The Motley Fool
Fri, Jun 6
