News
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Stocks
Why Shares of Oklo Stock Soared 122% Last Month
Shares of Oklo (NYSE: OKLO) sank this week, according to data from S&P Global Market Intelligence. The company aiming to build what it calls fast-fission nuclear reactors is benefiting from nuclear energy executive orders and a global renaissance for the energy category. Up almost 400% since going p...The Motley Fool
Wed, Jun 4
Commodities
Ukraine says it has discussed with US how to make minerals fund operational by year-end
June 4 (Reuters) - Ukraine has discussed with the United States how to make a minerals fund operational by the end of the year and the fund's first meeting is expected in July, First Deputy Prime Minister and economy minister Yulia Svyrydenko said in Washington on Wednesday.Reuters
Wed, Jun 4
Other
White House says opposing views from Musk aren't hurting tax bill's prospects
WASHINGTON, June 4 (Reuters) - The White House does not believe that opposing views from billionaire Elon Musk are hurting President Donald Trump's tax bill, Budget Director Russell Vought said on Wednesday.Reuters
Wed, Jun 4
Cryptocurrencies
Nasdaq-listed Korean media announces plans for $500m Bitcoin treasury
K Wave Media (KWM), the first Korean media alliance to list on the Nasdaq, announced this week that it plans to raise $500 million to build one of Asia’s largest corporate Bitcoin treasuries. While competitors are still figuring out streaming strategies, banging TV shows or chart-topping K-pop albums, K Wave Media is diving headfirst into […]Cryptopolitan
Wed, Jun 4
Cryptocurrencies
Elon Musk and long-time Trump supporters object to Trump's big beautiful bill
Musk’s public opposition of Trump right after his exit from the White House has left many confused and raised a lot of questions. While the split seems to be cordial from the President’s end, Musk is currently leading the charge against his new bill. The United States’ first buddy, Elon Musk, appears committed to rallying […]Cryptopolitan
Wed, Jun 4
Economic Indicator
Musk, hardline US Republicans ramp up attacks on Trump tax and spending bill
CBO sees $2.4 trillion debt impact in House-passed billCosts could rise to $5 trillion including interest if made permanent, CFRB saysElon Musk criticizes bill, supports Republican deficit hawksSenate Republicans divided on House-passed billBy Richard Cowan and David Morgan WASHINGTON, June 4 (Re...Reuters
Wed, Jun 4
Commodities
Ukrainian drone attacks cut power to tens of thousands in Russian-held areas, officials say
June 5 (Reuters) - New Ukrainian drone attacks have hit energy infrastructure in Russian-held parts of Zaporizhzhia and Kherson regions in southern Ukraine, cutting power to tens of thousands of residents, Russia-installed officials said early on Thursday.Vladimir Saldo, the Russia-appointed governo...Reuters
Wed, Jun 4
Other
Apple loses bid to pause app store reform order in Epic Games case
By Mike Scarcella June 4 (Reuters) - Apple AAPL.O on Wednesday failed to persuade a U.S. appeals court to pause key parts of a federal judge's order requiring the iPhone maker to immediately open its lucrative App Store to more competition.The 9th U.S. Circuit Court of Appeals rejected Apple&...Reuters
Wed, Jun 4
Stocks
Rivian Stock Dips Below $15: Should You Buy?
Excitement around electric vehicles (EVs) has waned, at least in the United States. Tesla has lost its growth profile and is struggling to ship more units to customers. Chinese brands are taking increasing share in markets outside the United States. One EV upstart stuck in the mud is Rivian Automoti...The Motley Fool
Wed, Jun 4
Other
Skadden Foundation leader resigns following Trump deal
By David Thomas June 4 (Reuters) - The executive director of Skadden Arps Slate Meagher & Flom's fellowship foundation said on Wednesday she resigned from her position, more than two months after the law firm agreed to provide President Donald Trump with $100 million in free legal service...Reuters
Wed, Jun 4
Cryptocurrencies
Epic Games doubles down on risky AI Characters in Fortnite
Epic Games is rolling out a way for Fortnite creators to build AI-powered non-player characters, following the success of its AI version of Darth Vader. Yet, a senior Epic executive warns that developers should be ready for a “learning curve” as they work with the new tools. Epic Games itself faced challenges while fine-tuning Vader’s […]Cryptopolitan
Wed, Jun 4
Stocks
Billionaire Stanley Druckenmiller Sold Palantir and Amazon and Is Piling Into This Artificial Intelligence (AI) Stock Instead
Back in 2022, billionaire Stanley Druckenmiller made a sizable bet on chipmaker Nvidia. The company has gone on to become one of the biggest winners of advancements in generative AI, for which its graphics processing units (GPUs) are well suited. Druckenmiller has also been an investor in Palantir T...The Motley Fool
Wed, Jun 4
Stocks
Why Heineken Stock Was so Frothy Today
In the middle of the current work week, investors were eager to take a few swigs of brewery stock Heineken (OTC: HEINY). They were most likely encouraged by the company's announcement of a potentially very high-profile co-marketing deal with an upcoming blockbuster Hollywood film, as they pushed the...The Motley Fool
Wed, Jun 4
Cryptocurrencies
Stablecoin issuer Circle raises $1.05 billion in upsized US IPO
By Pritam Biswas and Manya Saini June 4 (Reuters) - Circle Internet on Wednesday priced its upsized U.S. initial public offering at $31 apiece, raising $1.05 billion, adding fresh momentum to a growing pipeline of late-stage cryptocurrency firms eyeing public markets.Circle and its shareholders s...Reuters
Wed, Jun 4
Forex
GBP/USD sticks close to near-term highs as key labor data looms
GBP/USD caught a bid on Wednesday, paring the previous day’s losses and keeping price action on the high side of recent congestion. Bids remain pinned firmly above 1.3500 with key US Nonfarm Payrolls data looming ahead later in the week.
Fxstreet
Wed, Jun 4
Other
Columbia failed to meet accreditation standards, US government says
By Jasper Ward and Helen Coster WASHINGTON, June 4 (Reuters) - The U.S. Department of Education said on Wednesday it has notified a university accreditation body that it believes Columbia University had violated federal anti-discrimination laws by its alleged failure to protect Jewish students on...Reuters
Wed, Jun 4
Stocks
4 Ways to Produce Passive Income in Retirement
Planning for retirement can be a challenge. The best you can do is estimate your financial needs, and then when you're finally in retirement and no longer earning a regular paycheck, you may realize you need more money than you thought you would. Extra income from nonjob sources can provide the fund...The Motley Fool
Wed, Jun 4
