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Australia's Nick Scali hits record high as Citi upbeat on domestic business
** Shares of Nick Scali NCK.AX rise 1.7% to a lifetime high of A$19.54** Stock eyes strongest trading session since May 20, if gains hold** Citi sees housing conditions improving in Australia beyond the next six months, which should drive top-line growth and operating leverage for Nick Scali** Broke...Reuters
Wed, Jun 4
Australia's Chimeric Therapeutics surges on FDA's 'fast track' tag for neuroendocrine tumour drug
** Shares of Chimeric Therapeutics CCU.AX rise 12.5% to A$0.005, hitting their highest level since May 29** Stock eyes strongest trading session since May 15, if gains hold** Biotech firm says U.S. Food and Drug Administration has granted "fast track" status to co's CDH17 drug for the tr...Reuters
Wed, Jun 4
Is Now a Good Time to Buy Quantum Computing Stocks? History Suggests What Could Happen Next.
While there have been fleeting moments of euphoria in the stock market in 2025, it's been a pretty tough year overall. One particular area that has managed to outmaneuver this year's volatility, however, is quantum computing.As of the closing bell on May 27, the Defiance Quantum ETF had returned app...The Motley Fool
Wed, Jun 4
3 Top Real Estate Dividend Stocks to Buy for Super Easy Passive Income in June
Investing in real estate can be a great way to make passive income. There are lots of options, including buying a rental property. While investing in rental properties can be lucrative, it requires more work than other strategies. An easy way to make passive income from real estate is to invest in r...The Motley Fool
Wed, Jun 4
Where Will Energy Transfer Be in 1 Year?
Energy Transfer (NYSE: ET) is a midstream master limited partnership (MLP) with a lofty 7.5% distribution yield. There are a couple of big-picture reasons to dislike the business, but there are also some notable reasons to like it. One big reason to be positive is the growth opportunity in the years...The Motley Fool
Wed, Jun 4
Where Will Costco Wholesale Stock Be in 5 Years?
Maybe it's those famous $1.50 hot dog meals, but Costco Wholesale (NASDAQ: COST) continues to flex its muscles.The leading membership warehouse retailer reported impressive numbers in its most recent earnings report, highlighting the company's robust customer base at a time when consumers are pullin...The Motley Fool
Wed, Jun 4
MECOM Power and Construction Limited commenced production of Smart facade access system, partnering with China Academy of Building Research to explore business opportunities in China and Overseas
（4 June 2025 – Hong Kong） ）MECOM Power and Construction Limited (“MECOM” or the “Company”, stock code: 1183.HK, together with its subsidiaries, collectively the “Group”) is a renowned integrated construction enterprise actively expanding the business into various segments with high growth potential, which include electric vehicle charging, construction of smart data centers and new construction materials industry chain. The Group is pleased to announce the cooperation with the state-owned enterprise, China Academy of Building Research（“CABR”）, and commenced the production of smart facade access system. The products will be delivered to Southern China, the Middle East and Africa. Future plans include ongoing research and the launch of specialized machinery like intelligent robots.MECOM and Beijing CABR Building Maintenance Machinery Technology Co., Ltd. （“Beijing CABR”）, the wholly-owned subsidiary of CABR signed a strategic cooperation agreement. According to the agreement, MECOM will produce a series of highly complex intelligent facade access systems tailored for skyscrapers, hotels, and various types of high-rise buildings. The systems will be equipped with features such as Telescopic Jib, Luffing Jib, Comprehensive Structure, or Ladder System. This collaboration reflects MECOM's engineering and construction capabilities, as well as quality control standards, which have been fully recognized by CABR.Smart facade system is a significant achievement of the national strategy ‘Made in China 2025’. It was utilized in numerous key domestic construction projects, such as Asian Infrastructure Investment Bank in Beijing, National trading center-3, Shenzhen OCT building. In addition, it was applied in various structures in Europe, the Middle East and Southeast Asia, acknowledging the international standard and technology.Through digital transformation, Smart facade system can intelligently recognize surface cleanliness levels, automatically change cleaning devices, prevent secondary pollution from cleaning wastewater, thus enhancing the efficiency of maintaining high-rise building facades. Additionally, the equipment features intelligent monitoring capabilities, enabling real-time assessment of external operating environments, remote diagnostics, swift fault rectification, and comprehensive lifecycle management of the Smart facade system.Mr. Kuok Lam Sek, Chairman of the Board and Executive Director of MECOM, said ‘This collaboration fully acknowledges MECOM's robust engineering and construction capabilities as well as quality control expertise. The partnership between China Academy of Building Research, the national-level leading research and development institution for construction machinery, and MECOM represents a formidable alliance. We are strategically establishing a base in Jiangmen, which will be the sole production facility in Southern China for smart facade system and specialized construction operation robots. Together, we will explore vast market opportunities in the construction sector of Hong Kong, Macau, and Southeast Asia regions.’Smart facade systems can intelligently recognize surface cleanliness levels andenable remote diagnosis. Beijing CABR Building Maintenance Machinery Technology Co., Ltd.（“Beijing CABR”）Beijing CABR, established in 1996, belonging to Beijing Building Mechanization Research Institute Co., Ltd. , which is affiliated to China Academy of Building Research, is the leading enterprise comprehensive with R&D, design, manufacture and sales. It has finished over 1500 projects, including plenty of landmarks in China, including Asian Infrastructure Investment Bank, National trading center-3, Sinolink building, canton tower, tencent building, Shenzhen OCT building, Changsha IFS center, Wuhan Heartland, Canton-Singapore knowledge city, etc.Beijing CABR has successfully exported its facade access systems overseas, earning international recognition for both its products and technology. The products have been utilized in major engineering projects across multiple countries, such as Egypt new CBD、Russian National Space Center, Bahrain Forbes tower and high-rise buildings in Southeast Asia countries including Singapore and Malaysia. About MECOM Power and Construction LimitedMECOM is a well-known integrated construction contractor in Macau and listed on the Hong Kong Stock Exchange on February 13, 2018. It specializes in the construction and maintenance of difficult and complex construction projects (especially including steel structures), high voltage power substation construction projects, facilities management and maintenance works for large-scale hotel/entertainment venues. MECOM has established a production facility in Jiangmen, Guangdong Province, expanding to research and development of new structural materials, electric vehicle charging and distribution business, as well as undertaking data center construction projects and maintenance.Company Website: http://www.mecommacau.com/index.htmlThis press release is issued by DLK Advisory Limited on behalf of MECOM Power and Construction Limited.Michelle Shi (michelleshi@dlkadvisory.com) Karen Wong (karenwong@dlkadvisory.com) Tel：+852 2857 7101Fex：+852 2857 710304/06/2025 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
Wed, Jun 4
Better Artificial Intelligence Stock: Alphabet vs. Meta Platforms
Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Meta Platforms (NASDAQ: META) are, without a doubt, two of the most dominant enterprises on the face of the planet. This is evidenced by their remarkable journeys in the past couple of decades to get to a combined market cap of $3.6 trillion. They have bot...The Motley Fool
Wed, Jun 4
RPT-COLUMN-Foreign exposure to US assets may be lower than feared: McGeever
By Jamie McGeeverORLANDO, Florida, June 3 (Reuters) - It is widely believed that investors around the world have a disproportionately high exposure to U.S. assets, particularly stocks, an imbalance that could roil U.S. markets if corrected. But what if these fears are overblown? Several eye-popping ...Reuters
Wed, Jun 4
Can Hailey Bieber Bring e.l.f. Stock Back to Life?
E.l.f. Beauty (NYSE: ELF) stock has been through the wringer over the past few years, and it's down a whopping 40% over the past year. That's despite robust growth over that time, and a brand that continues to surge and gain market share.The market has been worried about rising prices and slowing gr...The Motley Fool
Wed, Jun 4
Waters Sets a New Benchmark for Robustness and Sensitivity for High-Throughput Labs with the Xevo TQ Absolute XR Mass Spectrometer
News Summary Up to six-fold increase in performance robustness with StepWave™ XR Ion Guide versus Xevo TQ Absolute.1 Uses up to 50% less power and gas, and occupies up to 50% less bench space than other products in its class.2 Takes the industry-leading sensitivity of Xevo TQ Absolute to ne...PR Newswire
Wed, Jun 4
Why Dollar General Stock Soared Today
Dollar General (NYSE: DG) stock surged in Tuesday's trading after the company posted better-than-expected first-quarter results. The retail specialist's share price ended the day's session up 15.9%.Dollar General published its first-quarter results after the market closed yesterday, and the company ...The Motley Fool
Tue, Jun 3
USI Partners with Customer on GPS Bike Computer Project, Delivering Durable Rugged Design
SHANGHAI, June 4, 2025 /PRNewswire/ -- Universal Scientific Industrial (Shanghai) Co., Ltd., USI, a global leader in electronic design and manufacturing services, is collaborating with a customer to develop a GPS bike computer through its Joint Design Manufacturing (JDM) service. The project re...PR Newswire
Tue, Jun 3
Wells Fargo escapes Fed's asset cap after seven years, able to pursue growth
Fed lifts Wells Fargo's asset cap after sevem years of punitive measureCEO Scharf sees removal as pivotal milestone in bank's transformationBank faced scrutiny for scandals, paid billions in penaltiesBy Pete Schroeder, Nupur Anand WASHINGTON, June 3 (Reuters) - Wells Fargo WFC.N was relea...Reuters
Tue, Jun 3
FTI Consulting: A Hidden Gem or Just Fine?
Explore the exciting world of FTI Consulting (NYSE: FCN) 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 28, 2025. The video was ...The Motley Fool
Tue, Jun 3
Appian Connected Claims 2.0 Transforms Insurance Claims Management with AI
Appian is named a 'Leader' in Everest Group's 'AI-enabled Claims Management Systems for Property & Casualty (P&C) Insurance – Products PEAK Matrix®' for 2025 LONDON, June 4, 2025 /PRNewswire/ -- Appian (NASDAQ: APPN) today announced the launch of Connected Claims 2.0, an AI-power...PR Newswire
Tue, Jun 3
Why Advance Auto Parts Stock Accelerated Nearly 5% Higher Today
An analyst upgrade was the foot on Advance Auto Parts (NYSE: AAP) stock's gas pedal on Tuesday. The company's shares motored nearly 5% higher in price as a result, speeding well past the benchmark S&P 500 index's 0.6% increase.A new neutralThe pundit behind the change was Sam Hudson of U.K.-based Re...The Motley Fool
Tue, Jun 3
