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Stocks
Forward Air's three directors resign amid activist pressure; shares rise
** Shares of Forward Air Corp FWRD.O rise 9% to $21.20, hitting nearly three-month high ** Stock trading at its highest since late March ** FWRD says three board members, including chairman George Mayes, have resigned after activist investor Ancora Holdings mounted campaign to unseat them** Amo...Reuters
Thu, Jun 12
Other
US Justice Department files lawsuit against New York for blocking immigration enforcement
WASHINGTON, June 12 (Reuters) - The U.S. Justice Department said on Thursday that it has filed a lawsuit against New York state, challenging state policies that blocked immigration officials from arresting individuals at or near New York courthouses."Specifically, the complaint challenges a law,...Reuters
Thu, Jun 12
Economic Indicator
Barbie-maker Mattel teams up with OpenAI, eyes first AI-powered product this year
June 12 (Reuters) - Mattel MAT.O has teamed up with OpenAI to develop toys and games with artificial intelligence, and expects to launch its first AI-powered product later this year, the Barbie-maker said on Thursday.The company, which also makes Hot Wheels and Uno cards, plans to "bring the mag...Reuters
Thu, Jun 12
Stocks
US STOCKS-Wall Street dips as Middle East tensions rise; Boeing drops
Indexes down: Dow 0.33%, S&P 500 0.09%, Nasdaq 0.20%Boeing shares fall after Air India plane crashOracle up after raising its annual revenue forecastBy Kanchana Chakravarty and Sukriti Gupta June 12 (Reuters) - Wall Street's main indexes slipped on Thursday as signs of rising tensions in ...Reuters
Thu, Jun 12
Economic Indicator
Goldman Sachs trims 12-month US recession probability to 30%
June 12 (Reuters) - Goldman Sachs on Thursday trimmed its U.S. recession probability to 30% from 35% for the next twelve months on easing uncertainty around President Donald Trump's tariff policies after the U.S. and China affirmed a trade deal. Earlier this week, negotiators from Washing...Reuters
Thu, Jun 12
Stocks
Oracle shares hit record high as AI cloud demand propels revenue forecast
June 11 (Reuters) - Oracle ORCL.N shares surged 14% to breach the $200-mark for the first time on Thursday, after the company raised its annual revenue forecast, driven by strong demand for its AI-related cloud services.Confidence in the software sector remained strong despite geopolitical tensions,...Reuters
Thu, Jun 12
Cryptocurrencies
SMX (Security Matters) PLC To Trade On Adj Basis Post Reverse Stock Split Effective June 16, 2025
June 12 (Reuters) - SMX (Security Matters) PLC SMX.O:SMX (SECURITY MATTERS) PLC: WILL BEGIN TRADING ON AN ADJUSTED BASIS GIVING EFFECT TO THE REVERSE STOCK SPLIT ON JUNE 16, 2025Source text: [ID:n0001641172-25-014807]Reuters
Thu, Jun 12
Economic Indicator
TREASURIES-US yields continue slide after worsening labor data
June 12 (Reuters) - U.S. Treasury yields on Thursday were on track for a fourth straight day of declines as markets absorbed economic data pointing to a worsening labor market and a moderate uptick in wholesale inflation.Investors are also awaiting a $22 billion auction later Thursday of 30-year bon...Reuters
Thu, Jun 12
Other
Carlyle teams up with Citi to invest in fintech lenders
June 12 (Reuters) - Investment firm Carlyle Group CG.O has partnered with U.S. banking giant Citigroup C.N to provide asset-backed financing to fintech lenders, the companies said on Thursday.As part of the partnership, Carlyle and Citi will share market intelligence, and explore co-investment and f...Reuters
Thu, Jun 12
Other
Lead EU lawmaker on sustainability laws proposes more cuts
Rules aim to fix supply chain abuses, disclose environmental impactCritics say they make EU firms uncompetitiveEU lawmaker wants more companies exemptedBy Kate Abnett BRUSSELS, June 12 (Reuters) - The European Union should further slash the number of companies subject to its environmental and cor...Reuters
Thu, Jun 12
Stocks
Boeing shares fall to near two-week low after plane crash in India
** Shares of planemaker Boeing BA.N fall 4.3% to $204.67 - a two-week low - after Air India 787-8 Dreamliner jet crash ** More than 200 people were killed, authorities said, in the world's worst aviation disaster in a decade ** The aircraft took off from Ahemdabad in India and was headed to Lond...Reuters
Thu, Jun 12
Stocks
Chime shares indicated to open 52% above IPO price
June 12 (Reuters) - Shares of Chime Financial CHYM.O were indicated to jump 52% above their initial public offering price on Thursday, giving the digital bank a potential valuation of $17.5 billion. The company raised $864 million in the listing by pricing shares at $27 each on Wednesday, above its ...Reuters
Thu, Jun 12
Stocks
Why Shares of GameStop Are Tanking Today
Shares of the video game retailer GameStop (NYSE: GME) had tanked roughly 19%, as of 10:18 a.m. ET today. The company announced plans to issue $1.75 billion in convertible notes for "general corporate purposes, including making investments in a manner consistent with GameStop's Investment Policy and...The Motley Fool
Thu, Jun 12
Other
BWXT-Led Team Awarded Canadian Nuclear Laboratories Contract From Atomic Energy Of Canada Ltd
June 12 (Reuters) - BWX Technologies Inc BWXT.N:BWXT-LED TEAM AWARDED CANADIAN NUCLEAR LABORATORIES CONTRACT FROM ATOMIC ENERGY OF CANADA LIMITEDBWX TECHNOLOGIES INC - DENNIS CARR TO BECOME PRESIDENT AND CEO OF CNL ON SEPT 13, 2025BWX TECHNOLOGIES INC - CONTRACT VALUED AT C$1.2 BILLION PER YEAR FOR ...Reuters
Thu, Jun 12
Other
Perpetua Resources To Issue 24.6M Common Shares At Us$13.20 Each
June 12 (Reuters) - Perpetua Resources Corp PPTA.O:PERPETUA RESOURCES ANNOUNCES UPSIZING OF PREVIOUSLY ANNOUNCED BOUGHT DEAL PUBLIC OFFERING OF COMMON SHARESPERPETUA RESOURCES CORP: WILL NOW ISSUE 24.6 MILLION COMMON SHARES AT A PRICE OF US$13.20 PER COMMON SHAREReuters
Thu, Jun 12
Other
G7 summit in Canada to see how EU, US align on Russia sanctions, says German official
BERLIN, June 12 (Reuters) - A pending Group of Seven (G7) meeting in Canada will be about the extent to which the European Union and U.S. could align on sanctions against Russia, a German government official said on Thursday.The EU this week proposed an 18th package of sanctions against Russia f...Reuters
Thu, Jun 12
Stocks
Street View: Oracle story positive, growth acceleration under watch
** Oracle ORCL.N raised its annual revenue growth forecast on Wednesday, expecting continued demand for cloud offerings from companies deploying artificial intelligence** The cloud service provider's shares rose 12% in early trading** Median PT of 40 brokerages covering the stock is $197.21; ave...Reuters
Thu, Jun 12
