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CORRECTED-Vermilion Energy to sell US assets for C$120 million
June 5 (Reuters) - Canada's Vermilion Energy VET.TO said on Thursday it will sell its United States assets for C$120 million ($87.88 million).($1 = 1.3655 Canadian dollars)
Reuters
Thu, Jun 5
Stocks
LIVE MARKETS-Eurozone bank valuation revival to continue - UniCredit
STOXX 600 up 0.4%ECB set to cut interest ratesNATO defence ministers meetWall Street futures edge upWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EU...
Reuters
Thu, Jun 5
Cryptocurrencies
Scale AI’s founder dethrones Taylor Swift as world’s youngest self-made female billionaire
Lucy Guo, the 30-year-old co-founder of Scale AI and founder of content platform Passes, has become the world’s youngest self-made female billionaire, passing pop superstar Taylor Swift, according to Forbes’ latest ranking released Wednesday. Guo’s estimated net worth of $1.3 billion reportedly comes from her stake in Scale AI, a data-labeling firm she co-founded in […]
Cryptopolitan
Thu, Jun 5
Stocks
Wall Street Loves This Artificial Intelligence (AI) Stock, but Should You Buy Now?
Shares of Datadog (NASDAQ: DDOG) have jumped an impressive 36% in the past two months, well beyond the broad recovery stocks have seen as President Trump put a pause on his most aggressive trade policies. As a cloud observability and security solutions provider, the company has been growing at a rob...
The Motley Fool
Thu, Jun 5
Stocks
Why Lucid Group Stock Stalled in May
High-end electric vehicle (EV) maker Lucid Group's (NASDAQ: LCID) stock didn't notch any new highs in May. In fact, it ended up falling in the month, skidding to more than an 11% loss despite publishing a quarterly earnings report that cheered not a few investors. Yet Mr. Market was dismayed by othe...
The Motley Fool
Thu, Jun 5
Economic Indicator
USD/CNH: Any further decline is unlikely to break below 7.1600 – BBH
US Dollar (USD) could continue to weaken against Chinese Yuan (CNH); any further decline is unlikely to break below 7.1600. In the longer run, mild downward pressure could lead to USD edging lower; it remains to be seen if it can reach 7.1400, BBH FX analysts report.
Fxstreet
Thu, Jun 5
Other
Euro zone bond yields slip ahead of ECB policy rate decision
By Linda Pasquini June 5 (Reuters) - Euro zone bond yields fell on Thursday after a muted start to the session, with markets expecting an interest rate cut from the European Central Bank later in the day.With the ECB widely expected to cut rates by 25 basis points to 2%, investors will focus on a...
Reuters
Thu, Jun 5
Economic Indicator
China’s services PMI edges up in May – BBH
China private sector services activity picked-up in May, BBH FX analysts report.
Fxstreet
Thu, Jun 5
Stocks
Is the Vanguard S&P 500 ETF Index Fund a Buy Now?
The Vanguard S&P 500 ETF (NYSEMKT: VOO) is arguably the best way to match the returns of the American stock market. It's one of the three largest exchange-traded funds (ETFs) based on the popular S&P 500 (SNPINDEX: ^GSPC) market index, which reflects the performance of 500 top-quality domestic compa...
The Motley Fool
Thu, Jun 5
Stocks
Planet Labs gains after upbeat annual revenue forecast
** Shares of satellite imagery company Planet Labs PL.N jump 24.1% to $4.95 premarket** Company forecasts annual revenue in the range of $265 mln-$280 mln, with its mid-point above analysts' estimate of $270.6 mln - data compiled by LSEG ** Q1 revenue of $66.27 mln also above estimate of $62.3 m...
Reuters
Thu, Jun 5
Stocks
Silver miners rise as white metal's prices hit 13-year high
** U.S.-listed shares of silver miners up premarket, tracking white metal's rising prices GOL/** Spot silver XAG= up 3.1% at $35.58/ounce, its highest level since February 2012** Silver prices rose above key $35/ounce level for first time since October 2012 as investors look forward to U.S. non-...
Reuters
Thu, Jun 5
Forex
USD/JPY: Likely to trade between 142.10 and 145.50 – UOB Group
There is scope for US Dollar (USD) to continue to weaken against Japanese Yen (JPY); the major support at 142.10 is unlikely to come under threat.
USD/JPY
Fxstreet
Thu, Jun 5
Other
JPMorgan's Long Position In Alibaba Group Increases To 6.44% On May 30, HKEX Filing Shows
June 5 (Reuters) - JPMORGAN CHASE & CO'S LONG POSITION IN ALIBABA GROUP 9988.HK INCREASES TO 6.44% ON MAY 30 FROM 5.79% - HKEXFurther company coverage: 9988.HK
Reuters
Thu, Jun 5
Other
JPMorgan Chase & Co's Long Position In Bilibili Increases To 11.68% On May 30 - HKEX
June 5 (Reuters) - JPMORGAN CHASE & CO'S LONG POSITION IN BILIBILI INCREASES TO 11.68% ON MAY 30 FROM 10.15% - HKEXFurther company coverage: 9626.HK
Reuters
Thu, Jun 5
Other
Blackrock's Long Position In Bilibili Decreases To 5.56% On May 30 - HKEX
June 5 (Reuters) - Bilibili Inc 9626.HK:BLACKROCK'S LONG POSITION IN BILIBILI DECREASES TO 5.56% ON MAY 30 FROM 6.18% - HKEXFurther company coverage: 9626.HK
Reuters
Thu, Jun 5
Other
Russia's FSB says blast damaged railway track in Voronezh region, Ifax reports
MOSCOW, June 5 (Reuters) - Russia's FSB security service said on Thursday that a railway track in the Voronezh region was damaged by the detonation of an explosive device, Interfax news agency reported.The issue of opening a criminal case on terrorism is currently under consideration, the FSB sa...
Reuters
Thu, Jun 5
Economic Indicator
Limited inflation pressures allow BOJ to stay cautious – BBH
JPY is underperforming all major currencies, BBH FX analysts report.
USD/JPY
Fxstreet
Thu, Jun 5
Other
U.S. reviewing its force posture, says Hegseth
BRUSSELS, June 5 (Reuters) - The United States is reviewing its force posture, U.S. Defence Secretary Pete Hegseth on Thursday told reporters while in Brussels for a NATO meeting with Defence Ministers."There are reasons why we have troops in certain places, and we respect and understand that. I...
Reuters
Thu, Jun 5
Stocks
Huge News for Costco Stock Investors!
Costco (NASDAQ: COST) reported a customer retention ratio of over 90% despite raising prices on annual memberships.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon prices of J...
The Motley Fool
Thu, Jun 5
Stocks
Better Buy: SoundHound AI or Palantir Technologies Stock?
Two of the most popular AI stocks to invest in right now are Palantir Technologies (NASDAQ: PLTR) and SoundHound AI (NASDAQ: SOUN). Both have been impressive since the start of 2024, with Palantir rising around 650% and SoundHound AI increasing about 365%. Despite their strong performance over the p...
The Motley Fool
Thu, Jun 5
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