News
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U.S. STOCKS ON THE MOVE-Lyra Therapeutics, Church & Dwight, Applied Digital
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes dipped on Monday after President Donald Trump said he plans to double tariffs on imported steel and aluminum, fueling more uncertainty around U.S. trade polici...Reuters
Mon, Jun 2
Arvinas falls after Leerink downgrades
** Shares of drug developer Arvinas ARVN.O fall 3% to $6.98** Brokerage Leerink lowers ARVN's PT to $9 from $10; cuts rating to "market perform" from "outperform"** Leerink cuts ARVN rating due to pending visibility on whether it can unlock "vepdegestrant's fundamental va...Reuters
Mon, Jun 2
Gold miners gain as rising tariff worries hurt US dollar
** Shares of gold miners rise, tracking jump in bullion prices GOL/** Spot gold XAU= up 2.5% at $3,392.95/ounce, after hitting its highest level since May 8, earlier in the session ** Gold prices rise on a weakening U.S. dollar, as a combination of geopolitical risks and economic uncertainty fuel in...Reuters
Mon, Jun 2
SAIC shares tumble 12% after quarterly report disappoints street
** Shares in Science Applications International Corp SAIC.O down 12% after quarterly report disappoints investors ** SAIC reported Q1 adj EPS of $1.92 missed avg analyst estimate of $2.13, per LSEG. Rev of $1.88 bln was up from $1.85 bln year-ago ** The technology integrator whose clients include th...Reuters
Mon, Jun 2
Trump tariffs deal major blow to European steelmakers, Salzgitter CEO warns
Salzgitter CEO fears more Asian steel volumes in EuropeTrump plans doubling of steel import tariffs to 50%Thyssenkrupp shares down 1.2%, Acerinox up 4.2%By Tom Käckenhoff and Christoph Steitz DUESSELDORF/FRANKFURT, June 2 (Reuters) - Salzgitter SZGG.DE, Germany's second-biggest steelmaker, wa...Reuters
Mon, Jun 2
1 Undervalued Artificial Intelligence (AI) Stock That Could Go Parabolic Soon
In this video, I will discuss Micron Technology (NASDAQ: MU) and explain why I believe it to be one of the most undervalued AI stocks on the market today. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of...The Motley Fool
Mon, Jun 2
EMERGING MARKETS-Higher commodities, weaker dollar lift LatAam assets amid US policy shifts
Latam FX up 0.2%, stocks up 0.75%Brazil's industrial activity contracts in MayBrazil economists see 2025 inflation at 5.46%, poll showsBy Nikhil Sharma June 2 (Reuters) - Latin American assets firmed on Monday, capitalizing on a weaker dollar and higher commodity prices against the backdrop o...Reuters
Mon, Jun 2
Why Cleveland-Cliffs, Steel Dynamics, and Nucor Corp Are Surging Today (Hint: It Has to Do With President Trump)
Steel stocks surged this morning after the Trump administration said over the weekend it will double steel and aluminum tariffs from 25% to 50%.Shares of Cleveland-Cliffs (NYSE: CLF) have blasted roughly 26% higher as of 10:43 a.m. ET today. Shares of Steel Dynamics (NASDAQ: STLD) and Nucor (NYSE: N...The Motley Fool
Mon, Jun 2
Aon appoints Andy Marcell to serve as CEO of Global Solutions
DUBLIN, June 2, 2025 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, announced today that the firm has appointed Andy Marcell to serve as CEO of Global Solutions. As CEO of Global Solutions, Marcell now leads Aon's integrated Risk Capital and Human Capital cap...PR Newswire
Mon, Jun 2
Why EchoStar Stock Keeps Falling
After falling more than 12% Friday, shares of satellite communications company EchoStar (NASDAQ: SATS) slipped another 3% through 10:30 a.m. ET Monday.That's disappointing, because EchoStar's latest news is actually good: As The Fly reports today, the company has awarded Maxar Space Systems a contra...The Motley Fool
Mon, Jun 2
GLOBAL MARKETS-US stocks follow world equities lower, dollar weakens as trade tensions flare
Trade tensions between US and China escalate, affecting global marketsTrump plans to double tariffs on steel and aluminum, EU vows retaliationDollar weakens amid unpredictable trade policy, Treasury yields rise slightlyOil bounces on relief OPEC did not raise output even furtherBy Stephen Culp NE...Reuters
Mon, Jun 2
Aura Minerals rises on acquisition of gold mine from AngloGold Ashanti
** Shares of Canadian gold and copper mining company Aura Minerals ORA.TO rise 6.3% to C$33.13** Co says it will acquire Mineração Serra Grande (MSG) gold mine in Brazil from AngloGold Ashanti AU.N for $76 million, along with 3% net smelter returns ** Transaction excludes certain current subsidiarie...Reuters
Mon, Jun 2
WASHINGTON FREEDOM ANNOUNCES MULTI-YEAR PARTNERSHIP WITH CLOVER
Clover joins Washington Freedom as Official Partner and Kit Sponsor to elevate fan experience and expand cricket's reach in the U.S. WASHINGTON, June 2, 2025 /PRNewswire/ -- Washington Freedom, the first professional cricket franchise representing the nation's capital in Major League Cricket...PR Newswire
Mon, Jun 2
Euro zone bond yields steady as eyes turn to ECB decision
German 10-year yield rises after big fall last weekECB expected to cut rates again on ThursdayBy Samuel Indyk LONDON, June 2 (Reuters) - Euro zone government bond yields were steady on Monday as traders braced for a widely expected European Central Bank rate cut later this week, while U.S. tr...Reuters
Mon, Jun 2
US STOCKS-Wall Street slips after Trump's steel tariff threat
Indexes down: Dow 0.49%, S&P 500 0.27%, Nasdaq 0.05%Tesla falls after reporting lower May sales for some EU nationsU.S. ISM manufacturing PMI for May at 48.5 vs 49.3 forecastBy Kanchana Chakravarty and Sukriti Gupta June 2 (Reuters) - Wall Street's main indexes dipped on Monday after ...Reuters
Mon, Jun 2
BUZZ -Shake Shack slide after BTIG downgrades to 'neutral'
** Shares of fast food chain operator Shake Shack SHAK.N fall as much as 5.2% to $123.04** BTIG downgrades stock to "neutral" from "buy" after SHAK breaches PT of $125** Says shares are currently trading within striking distance of an all-time high, believes further upside is unlikel...Reuters
Mon, Jun 2
Applied Digital surges after CoreWeave lease deal
** Shares of data center operator Applied Digital APLD.O surge 44.4% to $9.86, over three-mth high, early Mon after inking deal with CoreWeave CRWV.O** APLD shares on track for biggest one-day pct gain since Sept** Co says entered into two 15-year leases worth $7 bln in rev with CoreWeave, specializ...Reuters
Mon, Jun 2
BREAKINGVIEWS-America’s euro debt binge threatens EU hangover
By Sebastian Pellejero NEW YORK, June 2 (Reuters Breakingviews) - Wall Street is staging a quiet coup in European capital markets. Excluding banks, U.S. companies are set to issue some 98 billion euros’ worth of investment-grade bonds across the Atlantic by the end of May, a 67% jump from last y...Reuters
Mon, Jun 2
Blueprint Medicines hits record high on Sanofi's $9 bln buyout offer
** Blueprint Medicines BPMC.O jumps 26.5% to record high of $128.15** Stock set for its best day on record, if gains hold** French drugmaker Sanofi SASY.PA to buy Blueprint for more than $9 billion** Sanofi paying $129/share in cash for Blueprint, a 27% premium to last close** Brokerage Leerink Part...Reuters
Mon, Jun 2
