News
Important Only
Other
Japan plans to lure US researchers amid Trump crackdown
TOKYO, June 4 (Reuters) - Japan will step up efforts to court researchers from the United States amid concerns about the U.S. government's shifting policies on academic work, Prime Minister Shigeru Ishiba said on Wednesday.Measures would include invitations to "excellent foreign researchers,...Reuters
Wed, Jun 4
Commodities
OPEC output grows in May – ING
ICE Brent hit its highest level since mid-May yesterday, with the front-month contract trading just shy of US$66/bbl. Wildfires in Alberta, Canada, provided a boost to prices. This, at a time when the market is digesting the announced OPEC+ July supply hike.
Fxstreet
Wed, Jun 4
Stocks
Is It Time to Buy Peloton Stock? Here's the Good News and the Bad News.
Peloton Interactive (NASDAQ: PTON) stock peaked at $163 in 2021, which represented an eye-popping return of 460% for investors who bought it at the time of its initial public offering (IPO) the year before. But the stock has since lost 95% of its peak value, and a recovery appears uncertain.Consumer...The Motley Fool
Wed, Jun 4
Forex
GBP/USD: A sustained advance can be expected above 1.3600 – UOB Group
Current price movements are likely part of a 1.3490/1.3555 range trading phase. In the longer run, Pound Sterling (GBP) must first close above 1.3600 before a sustained advance can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Jun 4
Stocks
LIVE MARKETS-STOXX 600 up as miners lend support, autos drag
STOXX 600 up 0.3%Basic resources stocks riseTrade tensions bubbleHigher U.S. metals tariffs kick inWelcome 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.STOXX 600 UP AS MINERS LEND SUPPORT...Reuters
Wed, Jun 4
Other
Fitch downgrades Afreximbank, cites high credit risks and weak risk management policies
LONDON, June 4 (Reuters) - Fitch downgraded its credit rating for Afreximbank on Wednesday, citing high credit risks and weak risk-management policies. The one-notch downgrade to BBB-, with a negative outlook, comes as the African lender battles to protect its loans from restructuring in Ghana, Zamb...Reuters
Wed, Jun 4
Cryptocurrencies
Meta will buy 1.1 GW of nuclear energy for 20 years from Constellation's Clinton plant
Meta has committed to a 20-year agreement with Constellation to purchase 1.1 gigawatts of nuclear energy from the Clinton Clean Energy Center in Illinois, beginning in 2027. The energy agreement is intended to fuel Meta’s growing artificial intelligence infrastructure and data centers as energy needs rise for the tech industry. Once slated to close in […]Cryptopolitan
Wed, Jun 4
Economic Indicator
Oil: Central bank Gold buying slows in April – ING
Central banks added a net 12 tonnes of Gold to global Gold reserves in April, 12% lower than the previous month and below the 12-month average of 28 tonnes, according to the latest data from the World Gold Council.
Fxstreet
Wed, Jun 4
Stocks
1 Top Artificial Intelligence (AI) to Buy Hand Over Fist Before It Is Too Late
Share prices of C3.ai (NYSE: AI) gained more than 20% in the May 29 trading session following the release of the company's fiscal 2025 fourth-quarter results the afternoon prior. That should not have been surprising, as the enterprise artificial intelligence (AI) software provider has been capitaliz...The Motley Fool
Wed, Jun 4
Technical Analysis
EUR/USD: Likely to trade in a range of 1.1360/1.1430 – UOB Group
Euro (EUR) is likely to trade in a range of 1.1360/1.1430. In the longer run, EUR outlook is revised to positive; the immediate levels to watch are 1.1495 and 1.1530, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Jun 4
Stocks
ExxonMobil Is 1 of the Largest Energy Companies by Market Cap. But Is It a Buy?
Renewable energy sources, including wind and solar, have experienced significant growth over the past few decades, becoming a major contributor to the world's energy needs. But don't let anyone tell you that oil and gas companies are dying. The reality is far from it. Research by The Motley Fool lai...The Motley Fool
Wed, Jun 4
Economic Indicator
Tesla's China-made EV sales fall 15% y/y in May
BEIJING, June 4 (Reuters) - U.S. automaker Tesla's TSLA.O China-made electric vehicle sales fell 15% in May from a year earlier to 61,662 vehicles, data from the China Passenger Car Association (CPCA) showed on Wednesday. Deliveries of China-made Model 3 and Model Y vehicles were up 5.5% from th...Reuters
Wed, Jun 4
Forex
AUD/USD is looking for direction around 0.6450 ahead of US employment data
The Australian Dollar is practically flat on the daily chart, moving back and forth around the 0.6450 area, following a reversal from the 0.6500 area on Thursday, after downbeat data and dovish RBA minutes.The minutes of the latest RBA monetary policy meeting revealed that the bank considered a 50 b
Fxstreet
Wed, Jun 4
Stocks
Billionaires Are Selling Nvidia Stock and Buying a Stock-Split AI Stock Up 530% in 5 Years
The artificial intelligence (AI) trade has continued to thrive on Wall Street despite global trade tensions. In the first quarter, these billionaire hedge fund managers sold Nvidia (NASDAQ: NVDA) and bought Arista Networks (NYSE: ANET), a stock that split in December and has returned 530% in the las...The Motley Fool
Wed, Jun 4
Other
Thailand to buy 12 Swedish Gripen fighter jets, air force says
Order of dozen jets to replace ageing fleet; four expected in first phasePlan to be sent to cabinet for approval next month; contract not yet signedIn 2023, Thai air force said U.S. declined F-35 sale due to training and technical issues BANGKOK, June 4 (Reuters) - Thailand plans to acquire a doz...Reuters
Wed, Jun 4
Cryptocurrencies
Trump said it's "extremely hard" to strike a deal with China’s Xi
Donald Trump said on Wednesday it’s “extremely hard” to reach any kind of agreement with China’s President Xi Jinping, just as his administration kept telling the public both leaders could speak within days. The comment was made via Truth Social, where Trump wrote, “I like President XI of China, always have, and always will, but […]Cryptopolitan
Wed, Jun 4
Stocks
32% of Warren Buffett's $281 Billion Berkshire Hathaway Portfolio Is Invested in These 2 S&P 500 Dividend Stocks
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has steered his company to market-crushing performance over multiple decades -- so much so that he has earned the nickname "the Oracle of Omaha." When he steps down from his role as the company's chief executive at the end of this year...The Motley Fool
Wed, Jun 4
