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Vera shares skyrocket as kidney disease drug succeeds in late-stage trial
By Siddhi MahatoleJune 2 (Reuters) - Shares of Vera Therapeutics VERA.O surged 60% on Monday after its experimental drug helped significantly reduce harmful levels of proteins in the urine of kidney disease patients in a late-stage study.The drug developer is seeking to bring a self-administered inj...Reuters
Mon, Jun 2
Why BioNTech Stock Soared Today
BioNTech (NASDAQ: BNTX), one of the companies made famous for its role developing vaccines with Pfizer (NYSE: PFE) during the COVID-19 pandemic, soared 20.2% through 12:50 p.m. Monday on news entirely unrelated to COVID.The German biotech announced this morning it is partnering with pharmaceuticals ...The Motley Fool
Mon, Jun 2
Copper miners rise amid renewed tariff threats
** Shares of copper miners rise, tracking prices of the red metal** Benchmark three-month copper CMCU3 on the London Metal Exchange rose 1.2% to $9,607 per metric ton** Copper prices rise after speculation about possible new import tariffs, after U.S. President Donald Trump said he would double tari...Reuters
Mon, Jun 2
Apple challenges EU order; stock steady
** Apple AAPL.O shares trading flat after the iPhone maker submitted a legal challenge to the EU order to open its closed ecosystem to rivals** EU's Digital Markets Act aims to curb Big Tech's power; AAPL claims demands stifle innovation** Co argues interoperability rules pose privacy risks,...Reuters
Mon, Jun 2
Alphabet stock down after compliance settlement news
** Alphabet GOOGL.O stock dipping 1.4% on Mon after Google-parent agreed to spend $500 mln over 10 years to overhaul compliance structure, settling shareholder litigation accusing co of antitrust violations** Mon's decline in GOOGL shares underperformed a 0.2% gain in the Nasdaq .IXIC** Settleme...Reuters
Mon, Jun 2
Cactus gains following decision to acquire controlling interest in Baker Huges' unit
** Shares of oilfield equipment maker Cactus WHD.N up 1.4% at $41.45** Company says it will buy 65% interest in Baker Hughes' BKR.O surface pressure control (SPC) business for $344.5 million** Both BKR and WHD have agreed to form a joint venture to hold the SPC business, where BKR will retain a ...Reuters
Mon, Jun 2
UnitedHealth stock climbs as new CEO vows change
** UnitedHealth Group UNH.N stock climbing 0.6% on Mon after new CEO Steve Hemsley vowed to regain shareholder trust following recent earnings shortfall** Hemsley replaced Andrew Witty in May after co's first earnings miss since 2008; suspended earnings outlook due to higher-than-expected costs ...Reuters
Mon, Jun 2
European shares stumble on Trump's new tariff threat
Automakers, luxury stocks fall after Trump's new tariff plansOil shares up on higher prices Sanofi strikes deal to acquire Blueprint Medicines Media stocks drop on report Meta to fully automate Ad creationBy Purvi Agarwal and Ragini Mathur June 2 (Reuters) - European shares began June on a do...Reuters
Mon, Jun 2
"Rule Breaker Investing" Mailbag: More Than a Marathon
Where you come from matters. Where you're going matters more. How will you get there? Well, as your mailbag contributions showcase, that's the fun part!To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. When you're ready to invest, check out this top 10 list...The Motley Fool
Mon, Jun 2
US STOCKS-Wall Street mixed after Trump's steel tariff threat
Indexes: Dow down 0.47%, S&P 500 down 0.16%, Nasdaq up 0.09%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 were mixed on Monda...Reuters
Mon, Jun 2
Salesforce Stock Sinks Despite Strong AI Momentum -- Is Now the Time to Buy the Dip?
Salesforce (NYSE: CRM) turned in solid fiscal 2026 first-quarter results and raised its full-year revenue forecast as customers begin to embrace its artificial intelligence (AI) agents. However, the stock has struggled to gain traction in 2025 with shares down more than 20% year to date, as of this ...The Motley Fool
Mon, Jun 2
LIVE MARKETS-US stocks to see 10% upside despite elevated Treasury yields - Goldman Sachs
Nasdaq slightly green, S&P 500 slips, Dow off ~0.5%Industrials weakest S&P sector; Energy leads gainersEuro STOXX 600 index off ~0.1%Dollar down; bitcoin dips; gold rallies >2.5%; crude jumps >3%US 10-Year Treasury yield rises to ~4.45%Welcome to the home for real-time coverage of mark...Reuters
Mon, Jun 2
Natgas companies gain on lower output forecasts, higher demand
** Shares of U.S. natural gas companies up, tracking rise in natgas futures NGA/** U.S. natgas futures NGc1 up 5.1% at $3.62 per million British thermal units, putting the contract on track for its highest close since May 9** Natural gas prices rose on a drop in output forecasts for warmer weather a...Reuters
Mon, Jun 2
Oilfield services provider Baker Hughes to sell stake in unit to Cactus
June 2 (Reuters) - Baker Hughes BKR.O will sell 65% of its surface pressure control business to a unit of equipment maker Cactus WHD.N for $344.5 million, as the oilfield services provider focuses on its core businesses amid volatile oil prices.The companies will form a joint venture to hold the bus...Reuters
Mon, Jun 2
LIVE MARKETS-Blue Monday: PMI weakens, construction spending dips
S&P 500, Dow red; Nasdaq ~flatCons disc down most among S&P sectors; energy leads gainersEuro STOXX 600 index down ~0.1%Dollar, bitcoin off; gold surges >2.5%; crude jumps ~3%US 10-Year Treasury yield edges up to ~4.46%Welcome to the home for real-time coverage of markets brought to you b...Reuters
Mon, Jun 2
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
