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Stocks
Why AES Corporation Plunged Today
Shares of solar and wind-power producer AES Corporation (NYSE: AES) plunged 8.2% on Tuesday after the Senate Finance Committee crafting the new budget bill released details of the proposal.Industry participants had held out hope that the very quick elimination of solar and wind tax credits in the Ho...The Motley Fool
Tue, Jun 17
Cryptocurrencies
Bitcoin (BTC) Slides Again – Is Mutuum Finance (MUTM) Flashing a Buy Signal?
Following heightened tensions in the Middle East that have seen Israel and Iran take military action against each other, the price of Bitcoin slid after recently reaching $110,000. It is currently at around $105,000, with tensions causing massive liquidations across the crypto sector. In addition to the liquidation of long positions, trading volume for BTC […]Cryptopolitan
Tue, Jun 17
Cryptocurrencies
Ruvi AI’s (RUVI) Audited Token Is Gaining Hype With 13,100% Forecast For 2025, Can Tron (TRX) Keep Up?
Tron (TRX) has built its reputation as a blockchain designed to decentralize the internet and empower creators, but can it keep pace in a market where growth potential is everything? Enter Ruvi AI (RUVI), a groundbreaking project blending blockchain and artificial intelligence (AI). With an incredible 13,100% ROI forecast for 2025, analysts are calling Ruvi […]Cryptopolitan
Tue, Jun 17
Other
Carney, Modi hold talks to reset India and Canada ties after tense two years
By David Ljunggren and Shilpa Jamkhandikar KANANASKIS, Alberta, June 17 (Reuters) - The leaders of India and Canada on Tuesday held their first bilateral meeting since then-Canadian Prime Minister Justin Trudeau accused New Delhi in 2023 of involvement in the killing of a Canadian Sikh separatist...Reuters
Tue, Jun 17
Cryptocurrencies
Ripple files new letter supporting a joint motion for an indicative ruling
There has been an update on the legal battle between Ripple and the US Securities and Exchange Commission (SEC). Reports have it that Ripple has filed a new letter in support of a joint motion asking the court for an indicative ruling. The letter to Judge Torres explains why giving an indicative ruling motion is […]Cryptopolitan
Tue, Jun 17
Stocks
Why Lockheed Martin Stock Zoomed Higher Today
News of a strengthened business tie-up with an important partner overseas gave some lift to Lockheed Martin (NYSE: LMT) stock on Tuesday. The defense company went on the offense, with its shares climbing to a nearly 3% gain on the day. That looked particularly good next to the S&P 500 index, which s...The Motley Fool
Tue, Jun 17
Forex
AUD/JPY Price Forecast: Struggles at 94.00, drops as Middle East fears dent risk appetite
The AUD/JPY reversed its course on Tuesday after posting solid gains on Monday of over 0.98% amid an improvement in market players' mood despite increasing tensions in the Israel-Iran conflict.
Fxstreet
Tue, Jun 17
Commodities
US Plains HRW Wheat-Basis bids unchanged as harvest gathers pace
CHICAGO, June 17 (Reuters) - Spot basis bids for hard red winter wheat were flat in the U.S. Plains on Tuesday as farmers focused on the ongoing wheat harvest as well as harvest preparations, dealers said.The U.S. Department of Agriculture reported on Monday that the U.S. winter wheat harvest was 10...Reuters
Tue, Jun 17
Stocks
La-Z-Boy Inc reports results for the quarter ended April 30 - Earnings Summary
La-Z-Boy Inc LZB.N reported quarterly adjusted earnings of 92 cents per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 95 cents. The mean expectation of three analysts for the quarter was for earnings of 93 cents per share. Wall Stree...Reuters
Tue, Jun 17
Commodities
U.S. nuclear power plant outages
June 17 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Total...Reuters
Tue, Jun 17
Other
Soccer-River Plate see off Urawa to make winning start at Club World Cup
SEATTLE, WA, June 17 (Reuters) - River Plate opened their Club World Cup campaign with a 3-1 win over Urawa Red Diamonds on Tuesday, with goals from Facundo Colidio, Sebastian Driussi and Maxi Meza enough to see off a spirited challenge from the Japanese side.The Argentine team got off to a dominant...Reuters
Tue, Jun 17
Other
US Homeland Security Secretary taken to hospital, is conscious, CNN reports
June 17 (Reuters) - U.S. Homeland Security Secretary Kristi Noem was taken by ambulance to a hospital in Washington, DC, on Tuesday where she was conscious and has spoken with her security detail, CNN reported.Reuters
Tue, Jun 17
Cryptocurrencies
JD.com plans to use stablecoins to cut cross-border payment
JD.com, the $90 billion Chinese e-commerce powerhouse, has announced an ambitious plan to reinvent how money moves across borders using stablecoins. The company says its new blockchain-based payment infrastructure could cut the time and cost of international transactions dramatically, with near-instant settlements and fees slashed by as much as 90%. The announcement came from JD’s […]Cryptopolitan
Tue, Jun 17
Other
Soccer-Mbappe doubtful for Real Madrid’s Club World Cup opener against Al-Hilal
By Julien PretotMIAMI, June 17 (Reuters) - Real Madrid’s Kylian Mbappe is a doubt for their opening Club World Cup match against Saudi Arabian side Al-Hilal, after missing training on Tuesday due to illness.The club said Mbappe had been suffering from a fever and newly-appointed manager Xabi Alonso,...Reuters
Tue, Jun 17
Cryptocurrencies
Bitcoin Holds Strong Despite Israel-Iran Tensions – Weekly Resistance Begins To Crack
Bitcoin has weathered a wave of volatility in recent days, triggered by the escalating conflict between Israel and Iran. As geopolitical tensions rise and global markets grapple with uncertainty, risk assets like BTC have faced increased pressure. Yet despite this turbulent backdrop, Bitcoin has man...NewsBTC
Tue, Jun 17
Other
Brokerage insurtech Reliance Global to sell Fortman agency for $5 million
By Michael LoneyJune 17 - (The Insurer) - Nasdaq-listed insurtech Reliance Global Group has agreed to sell its Fortman Insurance Agency subsidiary for $5 million in cash, and has pulled an offering of its shares.Reliance filed a request for withdrawal of its Form S-1 that was originally filed on Jan...Reuters
Tue, Jun 17
