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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
Economic Indicator
UK's WH Smith posts Q3 sales rise on strong travel demand
June 4 (Reuters) - British retailer WH Smith SMWH.L on Wednesday reported a 5% rise in total like-for-like revenue for the third quarter, with North America up 2%, driven by travel demand that lifted sales across its product range despite ongoing macroeconomic uncertainties.WHY IT'S IMPORTANTThe...
Reuters
Wed, Jun 4
Economic Indicator
United Kingdom S&P Global Services PMI came in at 50.9, above expectations (50.2) in May
United Kingdom S&P Global Services PMI came in at 50.9, above expectations (50.2) in May
GBP/USD
Fxstreet
Wed, Jun 4
Economic Indicator
UK services sector returns to growth in May, PMI survey shows
By David Milliken LONDON, June 4 (Reuters) - Britain's services sector returned to tepid growth last month after fears about U.S. President Donald Trump's tariffs caused the sector to shrink in April for the first time in a year and a half, a survey showed on Wednesday.The S&P Global ...
Reuters
Wed, Jun 4
Economic Indicator
United Kingdom S&P Global Composite PMI registered at 50.3 above expectations (49.4) in May
United Kingdom S&P Global Composite PMI registered at 50.3 above expectations (49.4) in May
GBP/USD
Fxstreet
Wed, Jun 4
Stocks
Is Lucid Group Stock a Millionaire Maker?
Tesla's immense success opened the door for other electric vehicle companies. Among them is Lucid Group (NASDAQ: LCID), a high-end brand whose first model, the Lucid Air, garnered critical acclaim across the automotive space. So far, though, the stock hasn't been a winner. Despite financial backing ...
The Motley Fool
Wed, Jun 4
Cryptocurrencies
SHIB Could Finally Surpass Dogecoin Market Cap? Insiders Bet On Viral $0.005 Coin
Shiba Inu (SHIB) could be setting up for another major move, with analysts watching a key pattern that’s played out before. While SHIB and Dogecoin continue to battle it out, a low-profile AI coin is starting to get attention for very different reasons. SHIB Price Primed for a 503% Breakout, Analyst Says According to expert […]
Cryptopolitan
Wed, Jun 4
Cryptocurrencies
Missed Ethereum (ETH) and Ripple (XRP)? Over 20,000 Investors Race To Buy “The Next XRP”
Ethereum and Ripple dominated crypto headlines once with their meteoric rise. These projects made crypto millionaires, but they have fallen behind the times, as they battle with resistance levels and regulatory scrutiny. Meanwhile, Remittix, hailed to be the next XRP, is experiencing a rapid rise to prominence. The new crypto is drawing interest from over […]
Cryptopolitan
Wed, Jun 4
Other
USI says ample capacity keeping property market competitive as excess casualty ticks up
By Chris MunroJune 4 - (The Insurer) - Ample U.S. property insurance capacity means pricing dynamics will continue broadly unchanged in 2025’s second half despite elevated catastrophe losses, while casualty is more mixed with certain segments set for further price rises, USI has forecast.There was a...
Reuters
Wed, Jun 4
Stocks
Citigroup and Melius Raise Target Prices: Is Broadcom’s AI Business on the Brink of Explosion?
TradingKey - U.S. East Coast time Tuesday, shares of Broadcom (AVGO), the U.S.-listed chipmaker, rose 3.27% to close at $256.85, hitting a new all-time high and surpassing its previous record of $251.88 set in December last year.
Broadcom Inc
TradingKey
Wed, Jun 4
Forex
EUR/GBP steadies near 0.8400 following PMI data from Eurozone, Germany
EUR/GBP moves little after registering losses in the previous session, trading around 0.8420 during the European hours on Wednesday. The currency cross remains steady after the Purchasing Managers’ Index (PMI) data was released from the Eurozone and Germany.
EUR/GBP
Fxstreet
Wed, Jun 4
Stocks
Here's My Top Artificial Intelligence (AI) Stock to Buy in June
Shares of Dell Technologies (NYSE: DELL) have underperformed the broader market in the past year, losing 20% of their value while the tech-laden Nasdaq-100 Composite index recorded 14% gains during the same period.However, Dell's poor returns in the past year mean that it is trading at a very attrac...
The Motley Fool
Wed, Jun 4
Stocks
The Ultimate Growth Stock to Buy With $1,000 Right Now
Investing can feel overwhelming. There's a lot of jargon, but those starting out shouldn't feel intimidated.That's because it's important to remember you're buying a portion of a business. Ideally, you'll pay a reasonable price for a growing business. Granted, this isn't easy to do since no one can ...
The Motley Fool
Wed, Jun 4
Stocks
Why the S&P 500 Still Looks Like a Smart Bet
The S&P 500 (SNPINDEX: ^GSPC) was a surefire winner for investors over the past two years -- it roared higher through a bull market, advancing 24% and 23%, respectively, in 2023 and 2024. But in recent months, the benchmark's performance soured, and the S&P 500 even briefly entered bear territory ba...
The Motley Fool
Wed, Jun 4
Stocks
Wells Fargo rises premarket after Fed lifts $1.95 trillion asset cap
** Wells Fargo's shares WFC.N rise 4.1% to $78.90 in pre-market trading** U.S. Fed removed $1.95 trillion asset cap imposed in 2018 following years of missteps** Fed noted WFC had made "substantial progress" in addressing deficiencies** TD Cowen calls it a potential turning point in WFC...
Reuters
Wed, Jun 4
Stocks
Prediction: This Artificial Intelligence (AI) Stock Will Be Worth More Than Apple By the End of 2025
So far, Apple's (NASDAQ: AAPL) efforts in artificial intelligence (AI) have underwhelmed investors, and it's fair to say that no one thinks it's taking the world by storm with this particular technology. Its Apple Intelligence initiatives are not getting nearly the buzz that competitors' products ar...
The Motley Fool
Wed, Jun 4
Other
New York pension scheme considers boost to overseas investments - FT
-- Source link: https://tinyurl.com/a8xzc6pn-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Wed, Jun 4
Stocks
BREAKINGVIEWS-Thames agony blots UK government’s growth pitch
By Neil Unmack LONDON, June 3 (Reuters Breakingviews) - Thames Water's drawn out rescue is a blot on the UK government’s growth pitch. On Tuesday, KKR KKR.N dropped a bid to save the sickly water group. That leaves a recapitalisation led by holders of 20 billion pounds of debt like Elliott In...
Reuters
Wed, Jun 4
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