News
Important Only
Stocks
Suzano says it is not taking on debt to finance Kimberly-Clark deal
SAO PAULO, June 5 (Reuters) - Brazilian pulp maker Suzano will finance its $1.73 billion acquisition of a 51% stake in Kimberly-Clark's international tissue business from cash reserves without needing additional financing, executives said on Thursday.CEO Beto Abreu told Reuters the deal, announc...Reuters
Thu, Jun 5
Stocks
TRADING DAY-Trump-Musk feud slams stocks
By Jamie McGeever ORLANDO, Florida, June 5 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist There was plenty of meaty news for investors to get their teeth into on Thursday - U.S. President Donald Trump and Chinese Premier Xi Jinping'...Reuters
Thu, Jun 5
Cryptocurrencies
Analysts Name Ruvi AI (RUVI) the Top Crypto Pick for June 2025 With Profit Potential Beyond Avalanche (AVAX)
Ruvi AI (RUVI) is the top cryptocurrency for June 2025 according to analysts with profit potential that surpasses Avalanche (AVAX). As the market takes notice, Ruvi AI is getting more and more attention from smart investors looking for exponential growth opportunities. Avalanche’s Pros and Cons Avalanche (AVAX) has been a favorite among crypto enthusiasts for […]Cryptopolitan
Thu, Jun 5
Stocks
MongoDB Earnings: Profit Explosion
Here's our initial take on MongoDB's (NASDAQ: MDB) fiscal 2026 first-quarter financial report.Key MetricsMetricQ1 FY25Q1 FY26Changevs. ExpectationsRevenue$450.6 million$549.0 million 22%BeatEarnings per share (adjusted)$0.51$1.00 96%BeatAtlas revenue growth32%26%-6 ppN/AFree cash flow$61.0 million$1...The Motley Fool
Thu, Jun 5
Commodities
U.S. nuclear power plant outages
June 5 (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
Thu, Jun 5
Cryptocurrencies
Elon said SpaceX is shutting down its Dragon spacecraft program immediately
Elon Musk just threw a live grenade into the middle of his ongoing beef with former buddy Donald Trump. On Thursday, he posted on X that SpaceX will begin decommissioning its Dragon spacecraft immediately. The trigger? Trump threatened to kill every government contract tied to Elon’s businesses. The two have been taking shots at each […]Cryptopolitan
Thu, Jun 5
Stocks
Why Scotts Miracle-Gro Stock Popped by 11% Today
One of the better sources of growth in the stock market on Thursday could be found with Scotts Miracle-Gro (NYSE: SMG) shares. The veteran gardening supplies company enjoyed an 11% surge across the trading session, after it reiterated its bullish guidance for the entirety of its fiscal 2025. And tha...The Motley Fool
Thu, Jun 5
Other
Sunnova Energy International Inc - Co's Unit Files For Chapter 11 Bankruptcy
June 5 (Reuters) - Sunnova Energy International Inc NOVA.N:SUNNOVA ENERGY INTERNATIONAL INC - CO'S UNIT FILES FOR CHAPTER 11 BANKRUPTCY - SEC FILINGSUNNOVA ENERGY INTERNATIONAL INC - TO REDUCE WORKFORCE BY 55%, IMPACTING 718 EMPLOYEES - SEC FILINGSUNNOVA ENERGY INTERNATIONAL INC - ROBYN LISKA RE...Reuters
Thu, Jun 5
Other
Nasdaq CEO says IPO demand boosted despite tariff worries, banks on Texas boom
CEO says US economy remains resilientNasdaq building stronger presence in Texas as listing hubFriedman says IPO pipeline strengthening for second half of 2025Tariff uncertainty weighing on listing plans for some companies By Manya Saini and Anirban Sen NEW YORK, June 5 (Reuters) - Exchange operat...Reuters
Thu, Jun 5
Stocks
H World Group Signs Agreement to Debut Intercity Hotel, JI Hotel and Orange Hotel in Laos
SINGAPORE, June 6, 2025 /PRNewswire/ -- H World Group Limited (NASDAQ: HTHT) and (HK: 01179), a leading global hospitality group, announced its debut into the Laotian market with the signing of 4 hotel management agreements, further advancing its international growth strategy and expanding its ...PR Newswire
Thu, Jun 5
Commodities
CBOT corn ends higher, following soybeans; US crop weather eyed
CHICAGO, June 5 (Reuters) - Chicago Board of Trade corn futures ended higher on Thursday, following soybeans on news that U.S. President Donald Trump and Chinese leader Xi Jinping held a rare leader-to-leader call to iron out trade disputes between the world's two largest economies, traders said...Reuters
Thu, Jun 5
Other
Israel assures US it won't strike Iran nuclear sites unless talks fail, Axios reports
June 5 (Reuters) - Israel has assured the United States that it will not hit Iran's nuclear facilities unless Trump signals that talks with Tehran have failed, Axios reported on Thursday, citing two Israeli officials with direct knowledge of the matter.Reuters
Thu, Jun 5
Other
Exclusive: Burns & Wilcox promotes Gatewood to EVP, personal insurance
By Isha MaratheJune 5 - (The Insurer) - Burns & Wilcox has promoted Bill Gatewood, who has been with the company for 15 years, to executive vice president, personal insurance, effective July 1. Gatewood first joined Burns & Wilcox in 2013 as associate vice president, and held several role...Reuters
Thu, Jun 5
Other
Everest adds USQRisk’s Sears as head of alternative risk and national accounts excess casualty
By Michael LoneyJune 5 - (The Insurer) - Everest has appointed Ashleigh Sears as head of alternative risk and national accounts excess casualty for North America insurance, with the new hire joining from USQRisk. Sears most recently served as head of U.S. casualty at USQRisk, which she joined in Apr...Reuters
Thu, Jun 5
Cryptocurrencies
Tesla stock drops 14% after Trump threatened to cancel federal contracts tied to Elon Musk
Shares of Tesla sank 14% on Thursday, after President Donald Trump told reporters he was considering canceling federal contracts tied to Elon Musk’s companies. The drop pushed Tesla’s value to $916 billion, stripping it of its $1 trillion status and capping off a brutal week that has already seen shares fall nearly 18%. Trump said […]Cryptopolitan
Thu, Jun 5
Commodities
CBOT soybeans climb to one-week high on US-China trade hopes
CHICAGO, June 5 (Reuters) - Chicago Board of Trade soybean futures hit their highest in more than a week on Thursday on optimism about the U.S. trade relationship with China, the world's largest soybean buyer, after leaders of the two countries spoke by phone for more than an hour.CBOT July soyb...Reuters
Thu, Jun 5
Other
BlackRock to eliminate about 300 jobs in second cut this year, Bloomberg News reports
June 5 (Reuters) - BlackRock BLK.N is set to cut about 300 jobs, months after a similar move at the start of the year, Bloomberg News reported on Thursday, citing people with knowledge of the matter.Reuters
Thu, Jun 5
