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Silver miners rise as white metal's prices hit 13-year high
** U.S.-listed shares of silver miners up premarket, tracking white metal's rising prices GOL/** Spot silver XAG= up 3.1% at $35.58/ounce, its highest level since February 2012** Silver prices rose above key $35/ounce level for first time since October 2012 as investors look forward to U.S. non-...Reuters
Thu, Jun 5
Huge News for Costco Stock Investors!
Costco (NASDAQ: COST) reported a customer retention ratio of over 90% despite raising prices on annual memberships.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of J...The Motley Fool
Thu, Jun 5
Better Buy: SoundHound AI or Palantir Technologies Stock?
Two of the most popular AI stocks to invest in right now are Palantir Technologies (NASDAQ: PLTR) and SoundHound AI (NASDAQ: SOUN). Both have been impressive since the start of 2024, with Palantir rising around 650% and SoundHound AI increasing about 365%. Despite their strong performance over the p...The Motley Fool
Thu, Jun 5
Looking for Rock-Solid Passive Income Streams? These Top High-Yield Dividend Stocks Have Paid Their Investors for Over 100 Consecutive Quarters.
Hundreds of companies pay dividends. However, most aren't ideal stocks to buy and hold if you want to collect a bankable stream of passive income. That's because many companies have more volatile cash flows, weaker financial profiles, or lackluster growth prospects, impacting their ability to sustai...The Motley Fool
Thu, Jun 5
US STOCKS-Wall Street futures edge up as investors await key jobs data
Futures up: Dow 0.11%, S&P 500 0.05%, Nasdaq 0.05% June 5 (Reuters) - U.S. stock index futures edged higher on Thursday as investors looked ahead to the monthly jobs report to gauge the impact of President Donald Trump's trade policies on the labor market and the Federal Reserve's in...Reuters
Thu, Jun 5
Newborn Town Sets up its Global Headquarters in Hong Kong Science Park
[Hong Kong - June 5th, 2025 ] Newborn Town Inc. (Newborn Town or the company, stock code: 09911.HK), a leading global social entertainment company, has officially announced the establishment of its global headquarters in Hong Kong. The launch ceremony, held on June 5th, was attended by several distinguished guests, including Dr. Chiang Hok Lai, Deputy Director-General from the Office for Attracting Strategic Enterprises (‘OASES’) and Ms. Gladys Oon, Director of Corporate Development Division from Hong Kong Science and Technology Parks Corporation (‘HKSTP’), alongside key executives from Newborn Town, including Mr. Chunhe Liu, the Chairman (‘Chairman Liu’) and Mr. Pengliang Song, Senior Vice President, Mr. Linzhou Zheng, Vice President and Ms. Gloria Yu, Vice President.Newborn Town established its global headquarters in Hong Kong Science Park in the name of its subsidiary, Solo X Technology Limited. Regarding the strategic significance of establishing the global headquarters in Hong Kong, Chairman Liu emphasized, ‘Hong Kong boasts a world-class business environment, a well-established capital market and access to top-tier talent. The decision to establish our global headquarters here represents a pivotal step in Newborn Town's worldwide expansion strategy, marking the beginning of an exciting new chapter for our company.’Founded in 2009, Newborn Town has embarked on its global expansion journey since 2013 and went public on the Main Board of the Hong Kong Stock Exchange in 2019. Over the years, the company has consistently upheld its commitment to globalization, establishing over 20 operational centers across a number of strategic markets, including the Middle East and Southeast Asia. Its flagship products—MICO, YoHo, TopTop, SUGO, and Alice's Dream: Merge Games—are now available in more than 150 countries and regions.During the launch ceremony, Mr. Pengliang Song outlined the company's future plans in Hong Kong, ‘Our strategic focus will be twofold. Firstly, we aim to delve into the profound applications of artificial intelligence within the realm of social entertainment. Secondly, Secondly, we are dedicated to attracting global tech-savvy talent to drive collaborative initiatives between industry, academia, and research institutions.’Mr. Song also highlighted that Newborn Town established its MENA headquarters in Riyadh, Saudi Arabia in the second half of last year, strengthening its footprint in the Middle East. With the launch of its global headquarters in Hong Kong, a new chapter in Newborn Town's global expansion begins. ‘We look forward to collaborating with the Government of the Hong Kong Special Administrative Region (HKSAR), industry peers, and investment institutions and beyond. Through these partnerships, we aim to drive innovative developments in society, positioning ourselves as a global technology enterprise that exerts a positive influence on the world.’It has been reported that Newborn Town places significant emphasis on integrating AI into its business operations. The self-developed multi-model algorithm, Boomiix, has already enhanced commercialization efficiency across several products of the company.Ms. Gladys Oon, Director, Corporate Development Division from HKSTP added: "AI is a vital pillar in Hong Kong's diverse industries. The involvement of Newborn Town will accelerate innovation, research and development, as well as the practical application of AI technologies within the realm of social entertainment, further contributing to the city's development. HKSTP attracts global tech enterprises and talents, offering comprehensive support and fostering cross-sector collaboration to position innovation and technology as a new engine of economic growth. "Looking ahead, Mr. Song concluded: "In a future where AI significantly enhances productivity, the demand for leisure and entertainment will grow, highlighting the importance of ongoing innovation." In his view, Newborn Town will remain dedicated to nurturing the global social entertainment ecosystem, leveraging the market insights and vast user service experience it has accumulated."Let the ‘shrubs’ of our app portfolio flourish and grow abundantly, cultivating a business ecosystem that evolves into global ‘emotional values forests’—a digital space where global users can unwind, be entertained, and seek connection and comfort. With this vision, Newborn Town is rooted in Hong Kong and sets our sights on the world. By leveraging technology to empower social entertainment, we aim to deliver positive emotional experiences to a broader global audience."For enquiries, please contactDLK Advisory pr@dlkadvisory.com05/06/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Thu, Jun 5
Gold miners rise as traders await US data
** U.S.-listed shares of gold miners gain premarket, tracking rise in gold prices GOL/** Spot gold XAU= rise 0.5% to $3,391.84/ounce** Gold prices held its ground as investors looked forward to U.S. non-farm payrolls data due later this week to assess the U.S. interest rate path** Top miners Newmont...Reuters
Thu, Jun 5
Hims & Hers Goes on a Buying Spree
Hims & Hers (NYSE: HIMS) is using some of its recent $1 billion capital raise to buy ZAVA, a European healthcare company. In this video, Travis Hoium explains why this will keep the company's revenue growing at an incredible pace.*Stock prices used were end-of-day prices of June 3, 2025. The video w...The Motley Fool
Thu, Jun 5
Prediction: This Unstoppable Stock Will Be the World's First $5 Trillion Company. (Hint: It's Not Apple.)
While Apple historically wins the race to various valuation milestones, I think a different company will beat it to the punch to the $5 trillion level, and no, it isn't Microsoft either. I believe that Nvidia (NASDAQ: NVDA) will win this race, and thanks to its unwavering growth, it will leave both ...The Motley Fool
Thu, Jun 5
Chewy slips as Jefferies downgrades stock on valuation concerns
** Shares of online pet products retailer Chewy CHWY.N down 2.7% to $46 premarket** Brokerage Jefferies downgrades Chewy to "hold" from "buy" due to valuation concerns, with note titled "Valuation Gives Us Paws," citing stock is "primed for a beat and raise" but has l...Reuters
Thu, Jun 5
Ferguson falls marginally after Berenberg downgrades to 'hold'
** Ferguson Enterprises' FERG.N shares fall slightly to$215 premarket** Berenberg cuts rating to 'hold' from 'buy', but increases PT to $215 from $200, downside of nearly 1% to stock's last close ** Brokerage expects short-term slowdown in underlying market growth in 2025 due...Reuters
Thu, Jun 5
Lean FIRE vs. Fat FIRE: Which Path Fits Your Values?
If you don't want to spend the next several decades tied to a desk, you might find the Financial Independence, Retire Early (FIRE) movement appealing. The whole idea is to save aggressively while you're young so you can build up a large nest egg and retire much earlier than the average person -- som...The Motley Fool
Thu, Jun 5
Why Trump Media's Crypto Strategy Could Result in Huge Gains for Its Shareholders
Trump Media and Technology Group (NASDAQ: DJT) is an evolving and expanding company. It has gone from just focusing on social media to expanding out into video streaming, financial services, and also crypto. And it's that latter opportunity, in crypto, which may have the most potential to light a fi...The Motley Fool
Thu, Jun 5
Should You Buy CrowdStrike Stock Right Now?
CrowdStrike (NASDAQ: CRWD) reported quarterly financial results that disappointed stock market investors.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of June 2, 202...The Motley Fool
Thu, Jun 5
ANALYSIS-US stocks heal from tariff pain but trade news to keep markets edgy
S&P 500 now up 1.5% for 2025, closing in on February record highCboe volatility index recedes, around long-term medianInvestors still wary of tariff-tied volatility, with valuations elevatedBy Lewis KrauskopfNEW YORK, June 5 (Reuters) - After months of Wall Street gyrations to the twists and tur...Reuters
Thu, Jun 5
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025June 17-18 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)July 29-30 (second day: statement released 1400 EDT/18...Reuters
Thu, Jun 5
RPT-COLUMN-Franc leading Swiss back to deflation vortex, asset stockpiling: Mike Dolan
By Mike Dolan LONDON, June 5 (Reuters) - The supercharged Swiss franc is sucking Switzerland back into a deflationary vortex that its central bank will once again struggle to escape, possibly recycling a fresh wave of financial flows back out across the world.The Swiss franc, long perceived as a ...Reuters
Thu, Jun 5
UK's Wise to move primary listing to US in latest blow for London
Wise will maintain secondary listing in LondonPlans to tap U.S. domestic institutional & retail investorsShares rise over 8% in early trade June 5 (Reuters) - Money transfer company Wise WISEa.L on Thursday said it planned to move its primary listing to the U.S. from London, the latest Britis...Reuters
Thu, Jun 5
Laopu Gold Surpasses HKD 1,000—Hong Kong’s “Hard Luxury” Benchmark Hits Historic High of HKD 1,015
TradingKey – At the start of trading, Hong Kong-listed consumer favorites known as the “Golden Trio” — Pop Mart, Mixue Ice Cream & Tea, and Laopu Gold Co., Ltd. (6181.HK) — all reached record highs.TradingKey
Thu, Jun 5
Deals of the day-Mergers and acquisitions
June 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0950 GMT on Thursday:** Kimberly-Clark KMB.O is nearing a sale of its Kleenex and tissue businesses outside of North America for around $3.5 billion to Brazilian pulpmaker Suzano SUZB3.SA, the Wall Street Jou...Reuters
Thu, Jun 5
