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Forex
Russian rouble strengthens on US dollar ahead of the rate decision
MOSCOW, June 4 (Reuters) - The Russian rouble strengthened against the U.S. dollar on Wednesday as markets focused on the central bank's key rate decision later this week, though analysts said any dovish signals could trigger a weakening of the currency. By 1045 GMT, the rouble RUB= was up 0.8% ...Reuters
Wed, Jun 4
Stocks
Why Newsmax Stock Fell by Nearly 21% in May
Newsmax (NYSE: NMAX), the media stock that rocketed higher in early April just after it landed on the stock exchange and then sank, continued to cool down the following month. Across May its share price tumbled by almost 21%, mostly because of an announcement the company made as the month was windin...The Motley Fool
Wed, Jun 4
Cryptocurrencies
Pump.fun Preparing for a Crypto Presale: Will Solana Meme Coins Explode?
Just over a year old, pump.fun is shifting gears. From a meme coin launchpad to launching a meme coin of its own, signaling the next phase in its rapid evolution. The news of a planned token launch caps a quietly busy past few weeks, during which pump.fun has set the stage for a number of game-chang...NewsBTC
Wed, Jun 4
Economic Indicator
CAD: Slight tendency towards unchanged interest rates – Commerzbank
Today's decision by the Bank of Canada (BoC) promises to be very exciting. Whether the Bank of Canada will cut interest rates again or wait until its next meeting at the end of July is not a foregone conclusion, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
Wed, Jun 4
Economic Indicator
USD/CNH: Likely to trade between 7.1850 and 7.2050 – UOB Group
US Dollar (USD) is likely to trade between 7.1850 and 7.2050 against Chinese Yuan (CNH). In the longer run, for now, USD is likely to trade in a range between 7.1800 and 7.2300, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jun 4
Stocks
Cactus rises after Barclays upgrades on Middle-East growth prospects
** Shares of oilfield equipment maker Cactus WHD.N rise 2.6% to $45.25 premarket** Barclays upgrades rating on WHD to "overweight" from "equal weight", raises PT to $54 from $51** New PT implies a 23.2% upside to stock's last close** Cactus' purchase of 65% interest in Baker ...Reuters
Wed, Jun 4
Stocks
Apple slips as Needham downgrades stock citing competition risks
** Shares of Apple AAPL.O slip ~1% to $201.73 premarket as Needham downgrades stock to "hold" from "buy"** Brokerage says innovations in generative AI opens the door for new hardware form factors, which could threaten iOS devices** "We believe that, for this stock to work, it mus...Reuters
Wed, Jun 4
Stocks
Trevi Therapeutics up after $100 mln equity raise
** Trevi Therapeutics' TRVI.O shares up 1.2% premarket to $6.02 after securing equity raise ** New Haven, Connecticut-based co late Tues sold 17.4 mln shares at $5.75 for $100 mln gross raise** Offering priced at 3.4% discount to last sale** TRVI shares on Tues fell 5.8% after co late Mon launch...Reuters
Wed, Jun 4
Other
Voestalpine CEO Says Sees Double-Digit Million Euro Impact On Earnings Towards Higher End Of Range With 50% Tariffs On Call
June 4 (Reuters) - VOESTALPINE AG VOES.VI:CEO ON CALL - WITH 50% TARIFFS WE WOULD POSSIBLY SEE WEAKER DEMAND AND CAPACITY UTILISATION FALL IN THE U.S.CEO ON CALL - CURRENTLY DON'T SEE 50% TARIFFS IMPACTING OUTLOOK FOR FINANCIAL YEARCEO ON CALL - SEES DOUBLE-DIGIT MILLION EURO IMPACT ON EARNINGS ...Reuters
Wed, Jun 4
Stocks
MORNING BID AMERICAS-Global stocks hit record highs
By Mike Dolan LONDON, June 4 (Reuters) - What matters in U.S. and global markets today Despite all the trade and geopolitical tensions, markets have a spring in their step today, due to hopes that U.S. bilateral tariff deals will soon emerge, expectations that interest rates will fall in Euro...Reuters
Wed, Jun 4
Other
Bright Scholar Announces Formation Of Special Committee
June 4 (Reuters) - Bright Scholar Education Holdings Ltd BEDU.N:BRIGHT SCHOLAR ANNOUNCES FORMATION OF SPECIAL COMMITTEEBRIGHT SCHOLAR EDUCATION HOLDINGS LTD - FORMS SPECIAL COMMITTEE TO EVALUATE PROPOSALBRIGHT SCHOLAR EDUCATION HOLDINGS LTD: NO DECISIONS HAVE BEEN MADE WITH RESPECT TO PROPOSALReuters
Wed, Jun 4
Stocks
2 Growth Stocks That Could Help Make You a Fortune
I love growth stocks. To me, finding an up-and-coming growth stock is one of life's greatest pleasures. That's because it's these sorts of emerging companies that can supercharge a stock portfolio -- delivering outsized returns that change lives.Let's take a closer look at two stocks I'm particularl...The Motley Fool
Wed, Jun 4
Stocks
Warren Buffett Loves This 1 Artificial Intelligence (AI) Stock
Warren Buffett isn't known for his tech investing -- even less so, artificial intelligence (AI) stocks. But right now, Buffett's holding company has bet nearly $2 billion on a business that sits at the center of the AI revolution. Most investors don't realize this well-known company is an AI giant, ...The Motley Fool
Wed, Jun 4
Other
Microsoft offers to boost European governments' cybersecurity for free
By Supantha Mukherjee STOCKHOLM, June 4 (Reuters) - Microsoft MSFT.O is offering free of charge to European governments a cybersecurity programme, launched on Wednesday, to bolster their defences against cyber threats, including those enhanced by artificial intelligence, it said.After a surge in ...Reuters
Wed, Jun 4
