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BlackRock's Fink expects tariff-induced inflation to rise over next few months
NEW YORK, June 5 (Reuters) - BlackRock's boss Larry Fink said on Thursday price pressure could rise and the impact of tariff-induced inflation on the U.S. economy will likely be felt over the next few months.The chairman and chief executive officer of BlackRock, the world's largest asset man...
Reuters
Thu, Jun 5
Lands End LE Q1 2025 Earnings Call Transcript
@media (max-width: 768px) { .image-container { width: 100% !important; float: none !important; margin: 0 0 1rem 0 !important; } } Image source: The Motley Fool.DATEThursday, June 5, 2025 at 8:30 ...
The Motley Fool
Thu, Jun 5
Why ChargePoint Stock Plunged Today
Shares of electric vehicle charging company ChargePoint Holdings (NYSE: CHPT) short-circuited Thursday morning, plunging 19.8% through 10:05 a.m. ET after the company reported twice as big a loss as anticipated for its fiscal 2026 first quarter.Heading into the company's earnings report, analysts ha...
The Motley Fool
Thu, Jun 5
US STOCKS-Wall Street dips as Tesla falls, investors focus on jobs data
Indexes down: Dow 0.3%, S&P 500 0.21%, Nasdaq 0.16%MongoDB rises after upbeat annual forecastChewy falls on Jefferies downgradeInitial jobless claims rose for second straight weekTrump, Xi hold talks, Xinhua reportsBy Kanchana Chakravarty and Sukriti Gupta June 5 (Reuters) - U.S. stocks d...
Reuters
Thu, Jun 5
CANADA STOCKS-TSX edges higher amid US-China trade talks and upcoming jobs data
By Sanchayaita Roy June 5 (Reuters) - Canada's main stock index rose on Thursday amid choppy trading, as investors assessed news of U.S.-China tariff negotiations and awaited key jobs data from both home and the United States.The Toronto Stock Exchange's S&P/TSX composite index .GSPT...
Reuters
Thu, Jun 5
LIVE MARKETS-Robinhood prime candidate to join S&P 500 in rebalance, BofA says
Main US indexes down modestlyStaples weakest S&P sector; Comm Svcs best performerEuro STOXX 600 index off ~0.2%; ECB cuts 25 bpsDollar down; bitcoin slips; gold up; crude gains ~1.2%US 10-Year Treasury yield flat at ~4.37%Welcome to the home for real-time coverage of markets brought to you by Re...
Reuters
Thu, Jun 5
Micron shares rise as Mizuho raises price target
** Micron Technology's MU.O shares are up 3.5% at $106.86 on Thurs after Mizuho analysts raised their price target on the chip maker's stock** MU is on track for the highest close since Jan. 22** Chips index .SOX is down 0.2% on the session** MU's earnings will benefit from increased shi...
Reuters
Thu, Jun 5
Should You Buy the Dip on XRP?
Heading into 2025, XRP (CRYPTO: XRP) was the hottest crypto on the planet. But after hitting a 52-week high of $3.39 in January, XRP has fizzled out. It's now down 35% from its 2025 peak, and investors are understandably concerned.Is now the time to buy the dip on XRP? Or is your money better spent ...
The Motley Fool
Thu, Jun 5
Asana Achieves First Operating Profit
Asana (NYSE:ASAN) announced its Q1 FY2026 results on June 3, 2025, achieving its first non-GAAP operating profit and delivering revenue of $187.3 million. Revenue for the software developer focused on work management services was up 9% year over year, with non-GAAP operating margin improved by more ...
The Motley Fool
Thu, Jun 5
Tesla fall amid sales in European market and Musk's spending bill criticism
** Electric vehicle maker Tesla's TSLA.O shares fall 4.8% to $315.94** The company is seeing a decline in sales in European markets ahead of the release of a new version of Model Y** Tesla's sales dropped for the fifth straight month in Britain, Germany and Italy in May** "Elon's pol...
Reuters
Thu, Jun 5
Owens & Minor rises after Rotech Healthcare deal termination
** Shares of medical supplies distributor Owens & Minor OMI.N rise 26.6% to $8.43 ** OMI says it has mutually agreed with medical equipment firm Rotech Healthcare Holdings to terminate a previously announced acquisition** Under the terms of the merger agreement, OMI has paid $80 million to Rote...
Reuters
Thu, Jun 5
LIVE MARKETS-US stocks step back, but defense shares attempt to continue to gear up
Main US indexes down modestlyStaples weakest S&P sector; Comm Svcs sole gainerEuro STOXX 600 index off ~0.2%; ECB cuts 25 bpsDollar down; bitcoin slips; gold ~flat; crude up ~1.5%US 10-Year Treasury yield edges down to ~4.35%Welcome to the home for real-time coverage of markets brought to you by...
Reuters
Thu, Jun 5
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 REMARKABLE
Reuters
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
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