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Forex
USD/CAD slips below 1.3650 as US jobless claims rise, Canada’s PMI contract
USD/CAD extended its losses on Thursday amid a busy schedule on both sides of the border, with US unemployment benefits data coming in above forecasts. At the same time, Canada’s Ivey PMI shows that business activity contracted for the second straight month.
Fxstreet
Thu, Jun 5
Stocks
Why NuScale Power Stock Soared 93% Last Month
Last month, shares of NuScale Power (NYSE: SMR) shot up more than 93%, according to data from S&P Global Market Intelligence. The designer of small modular nuclear reactors (SMRs for short) won approval for one of its designs and is benefiting from the narrative around a nuclear renaissance in the U...The Motley Fool
Thu, Jun 5
Other
French regulator warns of 'damaging consequences' if US audit watchdog is dismantled
By Chris Prentice NEW YORK, June 5 (Reuters) - The French audit regulator has warned of "damaging consequences" if U.S. lawmakers advance a plan to eliminate its U.S. counterpart that has oversight of public companies' auditors, according to a letter seen by Reuters.Congress is debati...Reuters
Thu, Jun 5
Stocks
Micron Technology: Smart Investment or Risky Bet in 2025?
Memory chip giant Micron Technology (NASDAQ: MU) is back to its cyclical habits. One might think that the artificial intelligence (AI) boom would send Micron's business results and stock returns skyward these days, but the real AI effect isn't quite that simple.As of June 3, Micron's total return st...The Motley Fool
Thu, Jun 5
Commodities
Brazil's Mantiqueira pursues greenfield projects in the U.S.
SAO PAULO, June 5 (Reuters) - After selling a 50% stake to meatpacker JBS JBSS3.SA in April, eggs company Mantiqueira Brasil is starting greenfield projects in Colorado, United States.Speaking at an industry event in Sao Paulo, Leandro Pinto, president of the privately owned firm, said his son is in...Reuters
Thu, Jun 5
Other
Japan's ispace tries lunar touchdown again with Resilience lander
By Kantaro Komiya TOKYO, June 6 (Reuters) - Japanese company ispace 9348.T is set to try the lunar touchdown of its uncrewed spacecraft again on Friday two years after its failed inaugural mission, in a bid to become the first company outside the United States to achieve a moon landing.Tokyo-bas...Reuters
Thu, Jun 5
Cryptocurrencies
Bitcoin Price Crash To $100,00 Loading: Next Targets Revealed As Bears Take Over
The Bitcoin price is falling fast, and with bears currently taking control, a crypto analyst has forecasted an impending crash below $100,000. While this potential downturn may sound alarming, the analyst has also revealed that after the pullback, Bitcoin (BTC) is expected to undergo a significant p...NewsBTC
Thu, Jun 5
Cryptocurrencies
Chinese Company Moves To Buy $300 Million Worth Of XRP, SEC Filing Shows
Chinese company Webus has officially declared its intention to establish a $300 million XRP treasury. The company filed a Form 6-K with the US Securities and Exchange Commission (SEC) detailing the moves it has so far made to create this XRP-focused treasury. Webus Files Form 6-K For XRP Treasury Wi...Bitcoinist
Thu, Jun 5
Cryptocurrencies
Top Crypto to Buy Now: 2 Best Altcoins to Pick for the 2025 Bull Run Over Ethereum (ETH)
Investors are reevaluating their portfolios and looking beyond the giants like Ethereum (ETH) to discover the best cryptos to buy now with stronger upside potential, with the 2025 bull run gaining steam. Among the standout coins are Ripple (XRP) and Mutuum Finance (MUTM) — two altcoins that could potentially outperform ETH in this cycle. XRP […]Cryptopolitan
Thu, Jun 5
Stocks
BlackRock's Fink expects tariff-induced inflation to rise over next few months
NEW YORK, June 5 (Reuters) - BlackRock's boss Larry Fink said on Thursday price pressure could rise and the impact of tariff-induced inflation on the U.S. economy will likely be felt over the next few months.The chairman and chief executive officer of BlackRock, the world's largest asset man...Reuters
Thu, Jun 5
Commodities
Trump says he discussed Geneva tariff deal with Xi, teams to meet shortly
WASHINGTON, June 5 (Reuters) - President Donald Trump said U.S. and Chinese teams will meet shortly after he and Chinese leader Xi Jinping discussed trade in a phone call on Thursday, adding that there "should no longer be any questions" on rare earth products."The conversation was focus...Reuters
Thu, Jun 5
Forex
FOREX-Dollar slips after ECB hints at rates pause; US data weigh
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 NEW YORK, June 5 (Reuters) - The dollar slipped against the euro on Thursday a...Reuters
Thu, Jun 5
Other
ADVISORY-Story withdrawn on New York, other states urge FDA to expand access to abortion pill
June 5 (Reuters) - Reuters is withdrawing the June 5 article "New York, other states urge FDA to expand access to abortion pill." A petition underlying the states' reported activity has not been filed. There will not be a replacement article.STORY_NUMBER: L2N3S80C0STORY_DATE: 05/06/2025S...Reuters
Thu, Jun 5
Stocks
Why ChargePoint Stock Plunged Today
Shares of electric vehicle charging company ChargePoint Holdings (NYSE: CHPT) short-circuited Thursday morning, plunging 19.8% through 10:05 a.m. ET after the company reported twice as big a loss as anticipated for its fiscal 2026 first quarter.Heading into the company's earnings report, analysts ha...The Motley Fool
Thu, Jun 5
Other
Trump administration must restore AmeriCorps programs in 24 states, judge rules
June 5 (Reuters) - A federal judge ordered the Trump administration on Thursday to restore AmeriCorps programs in 24 Democratic-led states but declined to prevent it from cutting the bulk of the workforce of the federal agency for national service and volunteering.U.S. District Judge Deborah Boardma...Reuters
Thu, Jun 5
Commodities
FACTBOX-Auto companies face shortages due to China's rare earth restrictions
June 5 (Reuters) - Automakers and their suppliers are facing shortages due to restrictions on Chinese exports of rare earths, minerals and magnets, an issue that has forced some to shut down production of certain models.Rare earth magnets are used in motors that run electric vehicles and other car p...Reuters
Thu, Jun 5
