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European shares flat amidst inflation data, trade jitters
OECD trims global growth forecastSTOXX 600 ends little changedPennon down after annual pretax loss EU inflation slows to 1.9% in MayBy Purvi Agarwal, Sanchayaita Roy and Pranav Kashyap June 3 (Reuters) - Europe's benchmark stock index ended little changed on Tuesday, as investors ceded ...
Reuters
Tue, Jun 3
Meta strikes power agreement with Constellation nuclear plant
By Timothy Gardner June 3 (Reuters) - Meta Platforms META.O on Tuesday said it has struck an agreement with Constellation Energy CEG.O to keep one of the utility's reactors in Illinois operating for 20 years, in the Big Tech company's first such deal with a nuclear power plant.WHY IT'...
Reuters
Tue, Jun 3
Kenvue slips as tariff uncertainty spark retailer destocking
** Shares of Tylenol-maker Kenvue KVUE.N fall 6.8% to $22.07, the biggest decliner among S&P 500 .SPX constituents** KVUE execs say at a Deutsche Bank conference that retailers have been de-stocking products in China and U.S. due to tariff-related uncertainty ** Co says the tariff environment c...
Reuters
Tue, Jun 3
Here's Why Tesla Stock Soared in May
Shares in Tesla (NASDAQ: TSLA) soared by 22.8% in May, according to data provided by S&P Global Market Intelligence. The move is driven by a combination of factors, some of which could propel the stock to even greater heights through 2025 and beyond.Trade tariff de-escalationsThree key factors were...
The Motley Fool
Tue, Jun 3
Incyte rises after co teases new research data for possible blood cancer treatment
** Incyte INCY.O jumps 4% to $67.84 on Tues after the biopharma firm announced it will present new research data to support a potential treatment for blood cancer** INCY on track for biggest daily pct gain since Oct. 2024 and highest close in nearly three months** INCY said new research data from it...
Reuters
Tue, Jun 3
LIVE MARKETS-Increasing stock demand should boost prices – Deutsche Bank
All 3 major U.S. stock indexes green; Nasdaq out front, up ~0.8%Energy leads S&P sector gainers; Comm Svcs weakest groupEuro STOXX 600 index up ~0.1%Dollar rebounds; bitcoin up ~1.5%; crude up >1.5%; gold declinesUS 10-Year Treasury yield flat at ~4.46%Welcome to the home for real-time covera...
Reuters
Tue, Jun 3
EMERGING MARKETS-Latin American currencies, stocks edge up; Brazil's fiscal package eyed
Latin American currencies rise 0.3%, stocks up 0.1%IMF projects Brazil's economy will grow 2.3% this yearBrazil to present fresh fiscal package to balance public accountsBrazil's industrial output falls short of expectations in AprilBy Nikhil Sharma June 3 (Reuters) - Latin American curre...
Reuters
Tue, Jun 3
Ferguson Enterprises jumps after upbeat quarterly results
** Shares of Ferguson Enterprises FERG.N rise 15% to $207** Company reports Q3 adj. EPS of $2.5, vs analysts' avg. estimate of $2.02, according to data compiled by LSEG** FERG reports Q3 sales of $7.62 billion, compared with analysts' estimates of $7.42 billion** Company says 2025 sales fore...
Reuters
Tue, Jun 3
U.S. STOCKS ON THE MOVE-Intel, Guardant Health, CrowdStrike
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock indexes edged higher on Tuesday, helped by gains in Nvidia and other chipmakers, as investors awaited possible negotiations between the United States and its trading partners for ...
Reuters
Tue, Jun 3
LIVE MARKETS-Two-fer Tuesday: JOLTS, factory orders
All 3 major U.S. stock indexes green; Nasdaq out frontEnergy leads S&P sector gainers; Real Estate weakest groupEuro STOXX 600 index up ~0.1%Dollar rebounds; bitcoin gains; crude up >1.5%; gold easesUS 10-Year Treasury yield roughly flat at 4.46%Welcome to the home for real-time coverage of m...
Reuters
Tue, Jun 3
Viper Energy fortifies Permian presence with $4.1 billion Sitio deal
By Tanay Dhumal June 3 (Reuters) - Viper Energy VNOM.O will buy Sitio Royalties STR.N in an all-stock deal valued at about $4.1 billion, the companies said on Tuesday, expanding the Diamondback Energy unit's presence across oil-rich shale regions such as the Permian Basin.The deal underscores...
Reuters
Tue, Jun 3
South African rand weakens after data shows GDP stagnates in first quarter
JOHANNESBURG, June 3 (Reuters) - The South African rand weakened on Tuesday after first-quarter gross domestic product (GDP) data came in marginally better than expected but showed that the economy had stagnated.Africa's most advanced economy eked out quarter-on-quarter growth of just 0.1% ZAGDP...
Reuters
Tue, Jun 3
H World Group Releases 2024 Sustainability Report, Advancing Sustainable Development through Service Innovation and Green Operations
SHANGHAI, June 3, 2025 /PRNewswire/ -- H World Group Limited (NASDAQ:HTHT) (HK:01179), a leading hospitality group, has released its 2024 Sustainability Report, reaffirming its commitment to sustainable growth powered by innovation, inclusion, and bold environmental action. Recognized as...
PR Newswire
Tue, Jun 3
Energy stocks track oil price rise amid geopolitical tensions
** S&P 500 energy index .SPNY up 1%, tracking a rise in oil prices O/R** Brent crude futures LCOc1 up 1.7% at $65.73/barrel, while U.S. West Texas Intermediate crude CLc1 rises 1.9% to $63.74/barrel** Oil prices rose due to rising geopolitical tensions as the war in Ukraine ramped up despite pea...
Reuters
Tue, Jun 3
GLOBAL MARKETS-Wall Street edges higher, dollar bounces back amid tariff talks, economic data
OECD warns of global economic slowdown due to trade warUS job openings rise, factory orders drop unexpectedlyEuro Zone inflation eases to ECB target Crude prices rise amid Ukraine war and Iran nuclear deal tensionsBy Stephen Culp NEW YORK, June 3 (Reuters) - Wall Street edged higher and the dolla...
Reuters
Tue, Jun 3
Brazil's Petz rises after regulatory approval of merger Cobasi
** Shares in Brazilian pet product retailer PETZ3.SA rise following regulatory approval on merger with peer Cobasi** Brazilian antitrust body Cade' approved the merger on Monday without restrictions** The combined company of Petz and Cobasi, the two largest pet retailers in Brazil, would own som...
Reuters
Tue, Jun 3
PREVIEW: CrowdStrike hits fresh record heading into report
** CrowdStrike's CRWD.O shares up 0.8% at $482.82 after hitting fresh record high on Tues as c ybersecurity firm slated to report fiscal Q1 results after the bell ** For qtr-end Apr, Wall Street anticipates CRWD to post rev of $1.1 bln, up 20% y/y, and adj EPS of 65 cents, down from ...
Reuters
Tue, Jun 3
FACTBOX-Hedge funds lifted by stocks, stymied by bonds in May, say sources
Funds take losses in whipsawed marketsStocks lifted performance for someBy Nell Mackenzie and Summer Zhen LONDON/HONG KONG, June 3 (Reuters) - Hedge funds made gains in May on a weaker dollar and by exploiting market dislocations following April's global trade shock but faced losses in whipsa...
Reuters
Tue, Jun 3
Donaldson (DCI) Q3 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.DATETuesday, June 3, 2025 at 10 a.m...
The Motley Fool
Tue, Jun 3
Meta Platforms Partners With Constellation Energy Due to Massive AI Data Center Demand
In today's video, I discuss recent updates impacting Meta Platforms (NASDAQ: META) and other companies. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the pre-market prices of June 3, 2025. The video was published on Jun...
The Motley Fool
Tue, Jun 3
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