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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
HOTEL101 PROGRESSES TOWARDS NASDAQ LISTING
U.S. SEC DECLARES FORM F-4 SEC REGISTRATION EFFECTIVE SINGAPORE, June 2, 2025 /PRNewswire/ -- Hotel101 Global Holdings Corp. ("Hotel101" or "HBNB") and JVSPAC Acquisition Corp. (NASDAQ: JVSA) ("JVSPAC") announced today that the United States Securities and Exchange C...PR Newswire
Mon, Jun 2
LIVE MARKETS-US stocks under pressure, though steel stocks show strength
Main US indexes red; Dow off most, down ~0.7%Apr construction spending -0.4% vs 0.3% estMay ISM mfg PMI 48.5 vs 49.5 est; prices paid 69.4 vs 69.8 priorEuro STOXX 600 index down ~0.7%Dollar falls; bitcoin off ~1%; gold up >2.5%; crude rallies >3%US 10-Year Treasury yield edges up to ~4.44%Welc...Reuters
Mon, Jun 2
Vera hits nearly 4-month high as kidney disease drug succeeds in late-stage trial
** Shares of drug developer Vera Therapeutics VERA.O rise as much as 60% to a near 4-month high of $32 in morning trade** Stock is set for its best day since its IPO in May 2021, if gains hold** Says its kidney disease drug, atacicept, met main goal in a late-stage study to treat IgA nephropathy** I...Reuters
Mon, Jun 2
Church & Dwight up after RBC upgrades to "outperform"
** Shares of Trojan condom maker Church & Dwight CHD.N rise as much as 1.9% at $100.22 in early trading** Brokerage RBC Capital Markets upgrades stock to "outperform" from "sector perform"; raises PT to $114 from $100** RBC notes stock has underperformed following a soft Q1 impac...Reuters
Mon, Jun 2
BofA expects Amazon to save billions in costs through robotics, hikes PO
** BofA Global Research raises Amazon's AMZN.O price objective to $248 from $230, says robots can lead to billions in savings** Brokerage estimates up to $16 bln in annual savings by 2032 through AMZN leveraging robots to reduce labor dependency, increase order accuracy and improve warehouse eff...Reuters
Mon, Jun 2
Bristol Myers agrees up to $11.1 billion deal with BioNTech to shake up cancer immunotherapy
Bristol Myers, BioNTech team up on experimental cancer drugDeal could eventually exceed $11 billion for BioNTechBioNTech shares surge on the newsBy Ludwig Burger and Michael Erman June 2 (Reuters) - Bristol Myers Squibb BMY.N has agreed to pay up to $11.1 billion to partner with Germany's Bio...Reuters
Mon, Jun 2
NYSE Content Advisory: Pre-Market update + U.S. – China trade tensions escalate
NEW YORK, June 2, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Caroline Woods delivers the pre-market update on Jun 2nd ...PR Newswire
Mon, Jun 2
CANADA STOCKS-TSX gains as commodity prices rise
By Sanchayaita Roy June 2 (Reuters) - Canada's commodity-heavy main stock index rose on Monday, helped by gains in energy and metal miners' shares.The S&P/TSX composite index .GSPTSE was up 0.42% at 26,281.03 points.The materials group .GSPTTMT gained 4.2%, tracking higher gold price...Reuters
Mon, Jun 2
3 Dates for Disney Investors to Circle in June After the Stock's 24% Jump in May
Shares of Walt Disney (NYSE: DIS) had a May to remember. The stock soared 24% last month, fueled initially by a blowout quarterly report and unexpected news about a new international theme park in the works. The media giant has now fully recovered from the downticks that it experienced during the ma...The Motley Fool
Mon, Jun 2
4 Semiconductor Stocks That Investors Should Not Ignore
In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA) and other semiconductor stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of May 30, 2025. The video was published o...The Motley Fool
Mon, Jun 2
Lyra Therapeutics soars after nasal drug meets trial goals in late-stage study
** Shares of drug developer Lyra Therapeutics LYRA.O soar 648.5% to a more than year high of $36.90 ** Stock set for its best day on record, if gains hold ** As of last close, co had market cap of $6.53 mln, on track to add about $42.4 mln to market cap, if gains hold ** Lyra's exper...Reuters
Mon, Jun 2
Xilio Therapeutics tumbles after $50 mln equity offering
** Shares of Xilio Therapeutics XLO.O down 31% to 74 cents, a three-week low, early Mon after co secures equity raise ** Waltham, Massachusetts -based cancer immunotherapies firm announces offering of pre-funded warrants and warrants for initial gross proceeds of $50 mln ** Combined...Reuters
Mon, Jun 2
Canned soup maker Campbell's beats estimates as eat-at-home trend boosts demand
Meals and beverages unit volumes rise in Q3Snacks business volumes declineForecasts annual profit at lower end of previous rangePursuing possible pricing actions to tackle tariff impactBy Neil J KanattJune 2 (Reuters) - Prego pasta sauce maker Campbell's Co CPB.O beat third-quarter sales and pro...Reuters
Mon, Jun 2
Brazilian steelmaker Gerdau soars on Trump's new tariffs
** Shares in Brazilian steelmaker Gerdau GGBR4.SA rise more than 6% ** Analysts at BTG Pactual link the share move to U.S. President Donald Trump saying he would double tariffs on imports of steel and aluminum to 50%** "We see Gerdau as the key beneficiary in Latin America, with its North Americ...Reuters
Mon, Jun 2
Junee Limited Announces Completion of Corporate Name Change to SuperX AI Technology Limited and Commencement of Trading Under New Ticker Symbol "SUPX"
SINGAPORE, June 2, 2025 /PRNewswire/ -- NASDAQ-listed company Junee Limited (NASDAQ: JUNE) today announced that it has completed its previously announced corporate name change and re-branding to SuperX AI Technology Limited ("SuperX" or the "Company"). In connection with the name...PR Newswire
Mon, Jun 2
Campbell's Co rises on upbeat quarterly results
** Shares of packaged food company Campbell's Co CPB.O up as much as 2.8% at $35 in early trading** Co beats third-quarter sales and profit estimates, helped by consumers preferring to eat at home more** CPB says it is pursuing possible pricing actions, while working with suppliers to seek bette...Reuters
Mon, Jun 2
CANADA STOCKS-TSX opens higher as commodity prices rise
June 2 (Reuters) - Canada's commodity-heavy main stock index opened higher on Monday, helped by gains in energy and metal miners' shares.At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 0.17% at 26,220.30 points.Reuters
Mon, Jun 2
US STOCKS SNAPSHOT-Wall Street opens lower after Trump's steel tariff threat
June 2 (Reuters) - Wall Street's main indexes opened lower on Monday after President Donald Trump revealed plans to double tariffs on imported steel and aluminum, fueling more uncertainty around U.S. trade policies.The Dow Jones Industrial Average .DJI fell 70.1 points, or 0.17%, at the open to ...Reuters
Mon, Jun 2
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