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Why Gold Stocks Soared Today
Shares of gold mining stocks such as Iamgold Corp (NYSE: IAG), Gold Fields Ltd (NYSE: GFI), and Fortuna Mining Corp. (NYSE: FSM) rallied in a big way Monday, up 8.9%, 9.5%, 12.1%, respectively.Gold prices were up 2.7% Monday after a weekend in which geopolitical tensions reignited. These include Pre...The Motley Fool
Mon, Jun 2
Why Tempus AI Stock Soared 15% Today
Shares of Tempus AI (NASDAQ: TEM) soared on Monday. The company's stock jumped 15% as of market close. The spike comes as the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) jumped 0.4% and 0.6%, respectively.Tempus, a "precision medicine" company that leverages artificial in...The Motley Fool
Mon, Jun 2
ARK 21Shares Bitcoin ETF to undergo 3-for-1 share split on June 16
June 2 (Reuters) - 21Shares US said on Monday it will carry out a 3-for-1 share split of its ARK 21Shares Bitcoin ETF ARKB.Z to make the fund more accessible to investors, with the move set to take effect at market open on June 16.The approval of such spot bitcoin ETFs in January 2024 by the U.S. Se...Reuters
Mon, Jun 2
TRADING DAY-Trade tension turns to tentative hope
By Jamie McGeever ORLANDO, Florida, June 2 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist The new trading month got off to a cautious start on Monday, with risk appetite sapped by the U.S.-China trade standoff and bubbling militar...Reuters
Mon, Jun 2
Why SAIC Stock Plunged Today
Government contractor Science Applications International (NASDAQ: SAIC) reported disappointing quarterly results, weighed down by the government's efficiency drive. Investors were disappointed, sending SAIC shares down 13% for the day.Image source: Getty Images.Where to invest $1,000 right now? Our ...The Motley Fool
Mon, Jun 2
Why IonQ Stock Soared 47% in May
Shares of IonQ (NYSE: IONQ), a developer of quantum computers and related platforms, were soaring last month, primarily in response to favorable coverage in Barron's, and an article that said it was aiming to be "the Nvidia of quantum computing."Additionally, the company reported first-quarter earni...The Motley Fool
Mon, Jun 2
CANADA STOCKS-TSX touches another record high as commodity prices rise
By Nivedita Balu June 2 (Reuters) - Canada's commodity-heavy main stock index climbed on Monday, with rising gold prices boosting materials stocks and wildfires in the country's oil-producing province threatening supply, causing energy stocks to edge higher. The S&P/TSX composite...Reuters
Mon, Jun 2
US STOCKS-S&P closes higher on trade hopes, Nvidia lifts Nasdaq
Indexes: Dow flat, S&P 500 up 0.4%, Nasdaq up 0.7%Investors hopeful of trade talks despite Trump's steel threat Tesla falls after reporting lower May sales for some EU nationsU.S. ISM manufacturing PMI for May at 48.5 vs 49.3 forecastBy Saeed Azhar, Kanchana Chakravarty and Sukriti Gupta ...Reuters
Mon, Jun 2
GLOBAL MARKETS-Wall Street closes with modest gains, 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 Canada wildfires, output relief from OPEC By Stephen Culp NEW Y...Reuters
Mon, Jun 2
Trevi Therapeutics slips on $100 mln stock sale plans
** Shares of Trevi Therapeutics TRVI.O down 3.6% in extended trading to $6.09 as co plans equity raise ** New Haven, Connecticut-based firm commences $100 mln stock offering** Morgan Stanley. Leerink, Stifel and Cantor are jt bookrunners** Before the bell on Mon, co announced positive topline resul...Reuters
Mon, Jun 2
My 2 Favorite Stocks to Buy Right Now
Since early April, the market has had a bit of a resurgence. Investor confidence seems to be growing thanks to tariff relief, which supports an optimistic view of the economic backdrop. This confidence might be encouraging you to put some money to work.While it can always be a challenge to find attr...The Motley Fool
Mon, Jun 2
LIVE MARKETS-US stocks turn higher though tariff uncertainty remains
Nasdaq rises ~0.7%, S&P 500 up ~0.4%, Dow edges greenEnergy leads S&P sector gainers; Industrials sole loserDollar down; bitcoin ~flat; gold rallies >2.5%; crude jumps ~4%US 10-Year Treasury yield edges up to ~4.44%Welcome to the home for real-time coverage of markets brought to you by Re...Reuters
Mon, Jun 2
US STOCKS-S&P closes higher on trade hopes, Nvidia lifts Nasdaq
Investors hopeful of trade talks despite Trump's steel threat Tesla falls after reporting lower May sales for some EU nationsU.S. ISM manufacturing PMI for May at 48.5 vs 49.3 forecastBy Saeed Azhar, Kanchana Chakravarty and Sukriti Gupta NEW YORK, June 2 (Reuters) - The S&P 500 index clo...Reuters
Mon, Jun 2
Prediction: Nvidia Will Beat the Market. Here's Why
Nvidia (NASDAQ: NVDA), the world's largest producer of discrete graphics processing units (GPUs), saw its stock surge 25,250% over the past 10 years as the S&P 500 advanced less than 180%. From fiscal 2015 to fiscal 2025 (which ended this January), its revenue rose at a compound annual growth rate (...The Motley Fool
Mon, Jun 2
Energy companies rise amid Canadian wildfire supply concerns, softer dollar
** S&P 500 energy index .SPNY up 1%, tracking a rise in oil prices O/R** Brent crude futures LCOc1 up 3.4% at $64.90/barrel, while U.S. West Texas Intermediate crude CLc1 rises 3.3% to $64.85/barrel** Prices rose despite producer group OPEC+ sticking with output hike plans, as wildfires burning ...Reuters
Mon, Jun 2
EMERGING MARKETS-Higher commodities, weaker dollar lift LatAam assets amid Trump policy twists
LatAm FX up 0.92%, stocks up 0.69%Brazil's industrial activity contracts in MayBrazil economists see 2025 inflation at 5.46%, poll showsBy Nikhil Sharma and Pranav Kashyap June 2 (Reuters) - Latin American currencies rose on Monday, with Mexico's peso spearheading the rally as investo...Reuters
Mon, Jun 2
AQR Capital Management posts positive May returns in several funds, source says
LONDON, June 2 (Reuters) - Billionaire investor Cliff Asness's AQR Capital Management finished May with positive returns in several of its funds, said a source familiar with the matter on Monday. The $135 billion hedge fund returned a positive 2.4% performance in May in its multi-strategy fund, ...Reuters
Mon, Jun 2
US STOCKS-Main indexes mixed on Trump's steel tariff threat, Nvidia lift Nasdaq
Indexes: Dow down 0.1%, S&P 500 up 0.24%, Nasdaq up 0.56%Tesla falls after reporting lower May sales for some EU nationsU.S. ISM manufacturing PMI for May at 48.5 vs 49.3 forecastBy Saeed Azhar, Kanchana Chakravarty and Sukriti Gupta NEW YORK, June 2 (Reuters) - Wall Street's main indexes...Reuters
Mon, Jun 2
GLOBAL MARKETS-Wall Street mixed, dollar weakens and gold surges 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
Disney laying off several hundred in film, TV, finance
June 2 (Reuters) - Media company Walt Disney DIS.N is laying off several hundred employees in film, television and corporate finance, a source familiar with the matter said on Monday.The layoffs affect multiple teams around the world, including film and TV marketing, TV publicity and casting and dev...Reuters
Mon, Jun 2
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