News
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Musk Says In Light Of The President’s Statement About Cancellation Of My Government Contracts, SpaceX Will Begin Decommissioning Its Dragon Spacecraft Immediately
June 5 (Reuters) - MUSK: IN LIGHT OF THE PRESIDENT’S STATEMENT ABOUT CANCELLATION OF MY GOVERNMENT CONTRACTS, SPACEX WILL BEGIN DECOMMISSIONING ITS DRAGON SPACECRAFT IMMEDIATELYSource: https://tinyurl.com/mry8pudpReuters
Thu, Jun 5
Economic Indicator
Portugal to meet 2% defence spending target ahead of schedule in 2025
LISBON, June 5 (Reuters) - Portugal expects to increase its defence spending to 2% of gross domestic product this year, four years ahead of schedule, Prime Minister Luis Montenegro said on Thursday.Among the 32 members of NATO, Portugal is one of the countries with the lowest defence spending as a s...Reuters
Thu, Jun 5
Other
Lululemon cuts annual profit forecast
June 5 (Reuters) - Lululemon Athletica LULU.O cut annual profit forecast on Thursday, as consumer demand waned amid increased competition and a gradual economic slowdown triggered by uncertainty over the Trump administration's trade policy.The company now expects annual profit between $14.58 and...Reuters
Thu, Jun 5
Other
Lakeview Announces Intent To Withhold Support For Directors Of Forward Air Corp. At Annual Meeting
June 5 (Reuters) - Forward Air Corp FWRD.O:LAKEVIEW ANNOUNCES INTENT TO WITHHOLD SUPPORT FOR DIRECTORS OF FORWARD AIR CORP. AT ANNUAL MEETINGLAKEVIEW: CALLS FOR ACCELERATION OF STRATEGIC REVIEW OF FORWARD AIRLAKEVIEW: VIEWS VALUE-MAXIMIZING SALE AS BEST OUTCOME FOR SHAREHOLDERS OF FORWARD AIRReuters
Thu, Jun 5
Other
FACTBOX-From 'disgusting abomination' to 'crazy:' Trump and Musk in social media brawl
By Costas Pitas June 5 (Reuters) - President Donald Trump on Thursday threatened to cut off government contracts with Elon Musk's companies, as the once-close relationship between the world's most powerful man and its richest unraveled publicly on their rival social media platforms.Here&#...Reuters
Thu, Jun 5
Stocks
US STOCKS-Wall Street stocks end down as Trump-Musk feud weighs on Tesla
Tesla slumps on growing Trump-Musk public feudInitial jobless claims rose for second straight weekTrump, Xi talks in focusBy Saeed Azhar, Kanchana Chakravarty and Sukriti Gupta NEW YORK, June 5 (Reuters) - Wall Street's stock indexes ended lower on Thursday in choppy trade as a slump in T...Reuters
Thu, Jun 5
Cryptocurrencies
Ethereum (ETH), Ripple (XRP), and Mutuum Finance (MUTM) to Lead the 2025 Bull Run
As crypto markets gain momentum heading into the second half of 2025, investor focus is shifting toward tokens with both strong fundamentals and breakout potential. Ethereum (ETH) continues to dominate as the leading smart contract platform, powering countless dApps and DeFi protocols, making it one of the best cryptos to invest in for long-term growth. […]Cryptopolitan
Thu, Jun 5
Forex
US finds no currency manipulation in 2024, Ireland, Switzerland added to monitoring list
By Dan Burns June 5 (Reuters) - No major U.S. trading partner manipulated its currency in 2024, the Treasury Department said on Thursday in the first semi-annual currency report of President Donald Trump's new administration, although its "monitoring list" of countries warranting clos...Reuters
Thu, Jun 5
Other
Rocket Companies Announces Pricing Of Senior Notes Due 2030 And 2033
June 5 (Reuters) - Rocket Companies Inc RKT.N:ANNOUNCES PRICING OF SENIOR NOTES DUE 2030 AND SENIOR NOTES DUE 2033PROCEEDS TO REDEEM NMH'S SENIOR NOTES DUE 2026, 2027, 2028PRICES $2 BILLION SENIOR NOTES DUE 2030 AND $2 BILLION SENIOR NOTES DUE 2033Reuters
Thu, Jun 5
Other
H2 Ventures 1 Announces Qualifying Deal With Magnus Green Solar
June 5 (Reuters) - H2 Ventures 1 Inc HOp.V:H2 VENTURES 1 INC - ANNOUNCES QUALIFYING DEAL WITH MAGNUS GREEN SOLARH2 VENTURES 1 INC - TO BUY ALL MAGNUS SHARES AT 2,071,154.1 SHARES PER MAGNUS SHAREH2 VENTURES 1 INC - MAGNUS MAY RAISE UP TO $10 MILLION IN CONNECTION WITH DEALFurther company coverage: [...Reuters
Thu, Jun 5
Stocks
Deals of the day-Mergers and acquisitions
June 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 20.00 GMT on Thursday:** Self-driving truck startup Plus Automation will go public in the United States through a $1.2 billion merger with special purpose acquisition company Churchill Capital Corp IX CCIX.O,...Reuters
Thu, Jun 5
Economic Indicator
UK's Reeves says economy is turning a corner, eyes energy investment
LONDON, June 5 (Reuters) - More upbeat business surveys as well as strong first-quarter gross domestic product show that the British economy is recovering from a weak end to 2024, finance minister Rachel Reeves said on Thursday."The most recent GDP numbers, 0.7% growth in the first quarter, the ...Reuters
Thu, Jun 5
Forex
Heritage Distilling Holding Company Inc Adopts Cryptocurrency Reserve Policy As Part Of Treasury Diversification
June 5 (Reuters) - Heritage Distilling Holding Company Inc CASK.O:HERITAGE DISTILLING HOLDING COMPANY INC: ADOPTS CRYPTOCURRENCY RESERVE POLICY AS PART OF TREASURY DIVERSIFICATIONHERITAGE DISTILLING HOLDING COMPANY INC: PREPARING PRE-LAUNCH OF BITCOIN BOURBONReuters
Thu, Jun 5
Other
Nasdaq CEO says IPO demand boosted despite tariff worries, banks on Texas boom
By Manya Saini June 5 (Reuters) - Exchange operator Nasdaq NDAQ.O is holding active talks with companies considering stock market debuts, CEO Adena Friedman said on Thursday, underscoring the U.S. economy's resilience and signaling renewed market vigor.Several high-profile companies, includin...Reuters
Thu, Jun 5
Forex
FOREX-Dollar drops against euro after ECB indicates possible end to rate easing cycle
ECB cuts rates as bets build on a summer pauseUS weekly jobless claims rise for second straight weekInvestors await details of Trump-Xi call, trade deals Traders focused on US May payrolls on FridayBy Saqib Iqbal Ahmed and Chibuike Oguh NEW YORK, June 5 (Reuters) - The dollar dropped against the ...Reuters
Thu, Jun 5
Commodities
ICE canola futures bounce off $700 but show relative strength
WINNIPEG, Manitoba, June 5 (Reuters) - ICE canola futures failed to break through the $700 level on Thursday, but showed relative strength versus soyoil and palm.• July canola RSN5 settled up $3.90 at $698.90 per metric ton. November RSX5 rose $4.70 to $681.20.• July's failure to hold on to intr...Reuters
Thu, Jun 5
