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Stocks
Why Palantir Stock Is Sinking Today
Shares of Palantir Technologies (NASDAQ: PLTR) dropped on Thursday, falling 5.9% as of 2:48 p.m. ET. The move down comes as the S&P 500 lost 0.2% and the Nasdaq Composite fell 0.4%.A report last week from The New York Times asserted, among other things, that Palantir, which leverages artificial inte...The Motley Fool
Thu, Jun 5
Economic Indicator
TREASURIES-US yields climb as trade deal hopes outweigh data
Yields fall after jobless claims, productivity dataTrump-Xi phone talks boost market sentimentTwo-year yield tests 50-day moving averageBy Chuck Mikolajczak NEW YORK, June 5 (Reuters) - U.S. Treasury yields rebounded on Thursday from an initial drop in choppy trading after a round of economic dat...Reuters
Thu, Jun 5
Commodities
IAEA team at Ukraine's Zaporizhzhia says it heard repeated rounds of gunfire
June 5 (Reuters) - International monitors at the Russian-held Zaporizhzhia nuclear power plant in Ukraine heard repeated rounds of gunfire that appeared to be aimed at drones reportedly attacking the site's training centre, the U.N.'s nuclear watchdog said on Thursday.Russian forces seized t...Reuters
Thu, Jun 5
Other
Mexico vows to exhaust all legal remedies after US ruling favors gunmakers
MEXICO CITY, June 5 (Reuters) - Mexico's foreign ministry said on Thursday it "strongly" rejects the U.S. Supreme Court decision in favor of two U.S. gun companies that Mexico had accused of aiding illegal firearms trafficking to drug cartels, fuelling violence in its territory.The minis...Reuters
Thu, Jun 5
Stocks
PREVIEW: Lululemon shares fall with results due after the bell
** Shares of Lululemon Athletica LULU.O were down 1.3% on Thurs, with the athleisure apparel retailer due to report a rise in qrtrly rev when it releases results after the closing bell** Analysts expect Q1 rev of $2.36 bln vs $2.21 bln in the yr-ago qtr, and EPS of $2.58/shr vs $2.54 a yr ago, accor...Reuters
Thu, Jun 5
Stocks
GLOBAL MARKETS-US stocks seesaw as investors weigh potential progress in US-China trade talks against soft data
Weak US economic data impacts stock market performanceTrump-Xi call raises hopes for trade dispute resolutionECB cuts rates as expected; Lagarde sets table for summer pauseBy Stephen CulpNEW YORK, June 5 (Reuters) - Wall Street edged higher and crude prices advanced on Thursday as investors weighed ...Reuters
Thu, Jun 5
Other
US Supreme Court reverses decision to rule on class action question
By Mike Scarcella June 5 (Reuters) - The U.S. Supreme Court on Thursday sidestepped resolving a major issue across class action litigation, turning aside an appeal that could have made it harder for plaintiffs lawyers to bring together groups of people to sue companies and others for alleged wron...Reuters
Thu, Jun 5
Other
Hamas chief says group did not reject US ceasefire proposal for Gaza, sought changes
June 5 (Reuters) - The head of Hamas in Gaza, Khalil al-Hayya, said in a pre-recorded speech on Thursday the group had not rejected the latest U.S. proposal for a ceasefire with Israel but demanded changes that would secure the end of the war in the enclave.The group was ready to engage in a new rou...Reuters
Thu, Jun 5
Stocks
Why EchoStar Bounced Back Today
EchoStar (NASDAQ: SATS) shares were bouncing back today, up 10% as of 2 p.m. ET.EchoStar's shares have been under severe pressure since the beginning of the year, but especially in the past week. That's because management decided to not make two separate interest payments on its debt, as it awaits a...The Motley Fool
Thu, Jun 5
Commodities
WTI Price Forecast: WTI Crude Oil holds gains above $62, momentum builds for further upside
West Texas Intermediate (WTI) crude oil extends its recovery on Thursday, building on early week gains as bulls capitalize on a bullish flag breakout. At the time of writing, WTI is trading around $62.80, up nearly 1.20% on the day, and slightly below the intraday high of $63.30.
Fxstreet
Thu, Jun 5
Other
Washington DC airport expected to close during Trump's Army parade, Washington Post reports
WASHINGTON, June 5 (Reuters) - Washington's Reagan National Airport is expected to close for up to four hours during U.S. President Donald Trump's June 14 Army anniversary parade, the Washington Post reported on Thursday.Reuters
Thu, Jun 5
Other
Autonomous truck startup Plus to go public in $1.2 billion deal with Michael Klein-backed SPAC
By Ateev Bhandari and Arasu Kannagi Basil June 5 (Reuters) - 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, the companies said on Thursday. The mer...Reuters
Thu, Jun 5
Commodities
Oil settles up as US, China teams to meet following Trump, Xi trade call
Trump says in social media post US and Chinese teams to meet shortly US gasoline, distillate stocks post big weekly buildsSaudi Arabia cuts prices for Asian crude buyers to 2-month lowBearish economic outlook weighs on oil prices, analysts sayBy Georgina McCartney HOUSTON, June 5 (Reuters) - Oil ...Reuters
Thu, Jun 5
Commodities
Brazil's poultry exports fell in May, hit by bird flu case
BRASILIA, June 5 (Reuters) - Brazil's poultry exports fell in both value and volume in May from a year earlier, government data showed on Thursday, as trade restrictions following a bird flu case weighed on the sector.Herlon Brandao, director of Statistics and Foreign Trade Studies at the Minist...Reuters
Thu, Jun 5
Other
CORRECTED-BREAKINGVIEWS-New SPAC boom rhymes uncannily with the last one
By Jonathan Guilford NEW YORK, June 5 (Reuters Breakingviews) - The blank-check boom is revving up again, even without turbocharging from ultra-low interest rates and pandemic-era stimulus. Replacing 2020 and 2021 models like Nikola, Canoo and Fisker are ventures such as self-driving trucking te...Reuters
Thu, Jun 5
Other
US COVID vaccine recommendations sow confusion among doctors, insurers
Kennedy intervention sidestepped typical vaccine recommendation processPhysicians, insurers await clarity on COVID vaccine recommendationsHHS department overseen by Kennedy said move was within its authorityHHS confirms a CDC advisory panel will meet this month By Julie Steenhuysen and Amina Niasse ...Reuters
Thu, Jun 5
Other
WRAPUP 1-Tennis-Sabalenka downs holder Swiatek to set up French Open final with Gauff
World number one progresses in three setsSwiatek's reign in Paris comes to an endGauff swats aside French hope Boisson By Julien Pretot and Karolos Grohmann PARIS, June 5 (Reuters) - World number one Aryna Sabalenka battled past four-times champion Iga Swiatek to reach her first French Open ...Reuters
Thu, Jun 5
Stocks
Why Dollar Tree Stock Was Racing Higher on Thursday
Dollar Tree (NASDAQ: DLTR) stock was adding a few dollars to its stock price as the Thursday trading session approached closing time. Although investors weren't impressed by the quarterly earnings report the company posted the previous morning, sentiment improved thanks to price target raises -- and...The Motley Fool
Thu, Jun 5
Other
Retrofitting Qatari jet as Air Force One for Trump to cost hundreds of millions of dollars, Air Force says
WASHINGTON, June 5 (Reuters) - It will cost hundreds of millions of dollars to retrofit a Qatari luxury Boeing 747 jetliner to fly as the new Air Force One, Air Force Secretary Troy Meink said on Thursday.Last month, the U.S. military accepted the gift from Qatar to transport U.S. President Donald T...Reuters
Thu, Jun 5
Other
New SEC chief tells staff to nix bulleted emails about work activities
By Chris Prentice and Douglas Gillison NEW YORK/WASHINGTON, June 5 (Reuters) - The chairman of the U.S. Securities and Exchange Commission told staff Thursday they no longer need to send weekly emails detailing their work accomplishments from the previous week, according to two sources with knowl...Reuters
Thu, Jun 5
