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JPMORGAN CEO Of Asset And Wealth Says We're Going To Have Inflation But The US Consumer Is Fine
June 5 (Reuters) - JPMorgan Chase & Co JPM.N:JPMORGAN CEO OF ASSET AND WEALTH MANAGEMENT MARY ERDOES SAYS WE'RE GOING TO HAVE INFLATION BUT THE US CONSUMER IS FINEJPMORGAN EXEC SAYS WE'RE NOT SEEING STRESSES IN THE US CONSUMER ANYWHERE, WHICH IS REMARKABLEReuters
Thu, Jun 5
INTRODUCING THE STAR OF STAR OF THE SEAS: ROYAL CARIBBEAN NAMES DIANA ROSS GODMOTHER
Diana Ross will take center stage as the godmother of the ultimate family vacation coming August 2025 MIAMI, June 5, 2025 /PRNewswire/ -- The ultimate family vacation is getting ready to set sail, and a star-studded godmother is leading the way. Royal Caribbean has announced musical icon Dia...PR Newswire
Thu, Jun 5
Life Time falls after $590 mln secondary offering
** Life Time Group's LTH.N shares down 2.7% to $29.06 early Thurs after fitness chain operator announces pricing of secondary offering resulting in gross proceeds of $590 mln** Offering priced at $29.50, which represents 1.2% discount to stock's last close** Buyout firms Leonard Green & ...Reuters
Thu, Jun 5
Scinai more than doubles after Italian approval for biotech acquisition
** U.S.-listed shares of Scinai Immunotherapeutics 2F5y.F, SCNI.O rise 104% to $5.15** Stock set for its best day on record, if gains hold** Co says it received Italian government's clearance to potentially acquire Italian biotech firm Pincell, which is developing novel antibody to treat severe ...Reuters
Thu, Jun 5
UiPath's AI Pivot Is Underway. Time to Buy the Stock?
With the advent of artificial intelligence (AI), UiPath (NYSE: PATH) has had to make a significant technological pivot. But this isn't the first time the company has undertaken a major technological shift.It began by outsourcing software services and transitioned into a leading robotic process autom...The Motley Fool
Thu, Jun 5
HPE Q2 Revenue Rises on AI and Cloud
Hewlett Packard Enterprise Company (NYSE:HPE) released its Q2 FY2025 earnings on June 3, reporting revenue of $7.6 billion, a 7% year-over-year increase, and non-GAAP EPS of $0.38, exceeding the high end of guidance. Management raised the lower end of its full-year non-GAAP EPS range and reaffirmed ...The Motley Fool
Thu, Jun 5
Brown-Forman's gloomy forecasts send shares of Jack Daniel's maker tumbling
By Neil J Kanatt June 5 (Reuters) - Brown-Forman BFb.N forecast a decline in annual revenue and profit on Thursday, as the Jack Daniel's maker navigates soft consumer spending amid tariff-related uncertainties, sending its shares plunging about 15%.Worries of a possible recession and product ...Reuters
Thu, Jun 5
BMO Capital Markets raises PT on Constellation Energy post power deal with Meta
** BMO Capital Markets raises PT on utility company Constellation Energy CEG.O to $350 from $337, maintains rating of "outperform"** New PT represents 16.8% upside to stock's last close ** Brokerage raises PT after CEG on Tuesday signed power agreement with Meta Platforms to keep ...Reuters
Thu, Jun 5
3 Little-Known Social Security Rule(s) All Married Retirees Should Know
At first glance, Social Security retirement seems uncomplicated. For years, you pay into the system, and once you hit retirement age, you begin receiving regular monthly payments based either on your own work record or spousal benefits. While that's a relatively accurate bird's-eye view of how Socia...The Motley Fool
Thu, Jun 5
Deals of the day-Mergers and acquisitions
June 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday: ** Australian MGA ATC Insurance Solutions has agreed to acquire fellow BP Marsh investee company Sterling Insurance, in a deal that increases the specialist UK insurance investor'...Reuters
Thu, Jun 5
What Nvidia, AMD, and CoreWeave Stock Investors Should Know About the Recent AI Training Benchmark
In today's video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA) and other semiconductor companies. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of June 4, 2025. The video was publishe...The Motley Fool
Thu, Jun 5
Berkshire Near All-time Highs: Could This Be Buffett's Final Defining Act?
Berkshire Hathaway (NYSE: BRK.B) is trading near record highs, Warren Buffett is stepping down, and $347 billion in cash sits idle. Is this a perfect opportunity to buy more, or a warning sign? This video breaks down the leadership transition, latest earnings, stock moves, and valuation to help you ...The Motley Fool
Thu, Jun 5
Five Below Sales Jump and Outlook Raised
Five Below (NASDAQ:FIVE) reported first quarter 2025 earnings on June 4, 2025, delivering $970.5 million in total sales ( up 19.5% year over year) and a comparable sales increase of 7.1%, with $0.86 in adjusted earnings per diluted share, surpassing management expectations. Management highlighted su...The Motley Fool
Thu, Jun 5
Brown-Forman Corp reports results for the quarter ended April 30 - Earnings Summary
Brown-Forman Corp BFb.N reported quarterly adjusted earnings of 31 cents per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 56 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 34 cents per share. Wal...Reuters
Thu, Jun 5
Where Will Kohl's Stock Be in 1 Year?
Kohl's (NYSE: KSS) is navigating what may be the most difficult period in its 63-year history. Shares of the department store giant have plummeted 42% year to date, amid falling sales -- testing the retailer's relevance.Despite these challenges, the company remains profitable and is pushing forward ...The Motley Fool
Thu, Jun 5
CANADA STOCKS-TSX opens higher on US-China trade optimism
June 5 (Reuters) - Canada's main stock index opened higher on Thursday, mirroring Wall Street peers, as U.S.-China talks boosted trade deal optimism and investors awaited key job data.At 9:32 a.m. ET (1331 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 0.3% at ...Reuters
Thu, Jun 5
Jack Daniels parent Brown-Forman slumps on dour annual forecasts
** Shares of Brown-Forman BFb.N down about 18% at $27.27 in early trading** The Jack Daniels whiskey maker expects both organic net sales and organic operating income for fiscal 2026 to decline in the low single-digit percentage range** BFb posts a 1% and 3% rise in fiscal year 2025 organic net sale...Reuters
Thu, Jun 5
US STOCKS SNAPSHOT-Wall Street opens higher as investors focus on trade, key jobs data
June 5 (Reuters) - U.S. stock indexes opened higher on Thursday after signs of tariff negotiations between the U.S. and China, while investors looked ahead to a key jobs report to gauge the health of the labor market amid trade uncertainties.The Dow Jones Industrial Average .DJI rose 60.2 points, or...Reuters
Thu, Jun 5
Cracker Barrel Old Country Store Inc reports results for the quarter ended April 30 - Earnings Summary
Cracker Barrel Old Country Store Inc CBRL.OQ reported quarterly adjusted earnings of 58 cents per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 88 cents. The mean expectation of nine analysts for the quarter was for earnings of 30 ce...Reuters
Thu, Jun 5
