News
Important Only
Cryptocurrencies
Crypto Today: Bitcoin's downside risks escalate as BTC spot ETF outflows extend
The cryptocurrency market is consolidating losses after starting the week amid high volatility. Bitcoin (BTC) attempted to steady the uptrend above $106,000 but lost steam, resulting in a reversal to $105,204 at the time of writing on Tuesday.
Other
Magnitude 5.2 earthquake strikes off Crete - EMSC
SARAJEVO, June 3 (Reuters) - A magnitude 5.2 earthquake struck in the sea off the Greek island of Crete on Tuesday but no damage or injuries have been reported, a Fire Service official said.The quake was at depth of 17 km, 85 km away from the town of Heraklion, the European Mediterranean Seismologic...Reuters
Tue, Jun 3
Stocks
Woodward rises after Deutsche Bank upgrades to 'buy'
** Shares of aerospace and industrial equipment maker Woodward WWD.O up 1% to $220 premarket** Deutsche Bank hikes WWD stock rating to "buy" from "hold"; raises PT to $291 from $196, a 33% upside to stock's last close** Brokerage says co has driven strong performance as its expos...Reuters
Tue, Jun 3
Cryptocurrencies
Bitcoin Still Bullish Despite Dump: BTC Bull Token to Explode in 2025?
Bitcoin rose 50% in 45 days from April into May, before reaching a new all-time-high just shy of $112K. Since then, it’s fallen 6%, sitting now right at $105K. Was the ATH a rare surge, and have Bitcoin’s fundamentals returned to something more pessimistic? Or is this a temporary pullback with stron...NewsBTC
Tue, Jun 3
Commodities
PRECIOUS-Gold retreats from near four-week high as dollar gains; investors stay cautious
US pushes countries for best trade offers by WednesdayTrump and Xi will likely speak this week, White House saysOECD trims global outlook as Trump trade war hits US growthBy Anushree Mukherjee June 3 (Reuters) - Gold pulled back on Tuesday after nearing a four-week high earlier in the session, as...Reuters
Tue, Jun 3
Other
Westfield Specialty International appoints Grewal its chief actuary
By Michael JonesJune 3 - (The Insurer) - Westfield Specialty International has named Amerjit Grewal as its chief actuary, the company said on Tuesday.Grewal, who will be based in London, will report directly to Graham Evans, EVP and head of international insurance.She brings nearly 15 years of actua...Reuters
Tue, Jun 3
Other
Travelers Europe names Brown its business insurance CUO
By Michael JonesJune 3 - (The Insurer) - Travelers Europe has named Andy Brown its chief underwriting officer for business insurance, the company said on Tuesday.Brown, who has over 20 years of experience in the insurance industry, will be responsible for overseeing and driving growth for Travelers ...Reuters
Tue, Jun 3
Commodities
Gold eases from almost one-month high ahead of US JOLTS data, more Fed speak
Gold prices are experiencing a mild pullback after testing their highest levels since May 8 on Monday, as investors continue to digest trade-related headlines, including US President Donald Trump’s request that countries submit their trade offers by Wednesday and the possibility of a call between Tr
Fxstreet
Tue, Jun 3
Stocks
US stock futures dip as investors await trade negotiations
June 3 (Reuters) - U.S. stock index futures slipped on Tuesday as investors awaited possible negotiations between the United States and its trading partners for more clarity on the tariff war that has roiled financial markets for months.Reuters
Tue, Jun 3
Stocks
Agenus jumps on cancer drug partnership with India's Zydus
** Shares of cancer therapy developer Agenus AGEN.O rise 33.4% to $5.51 premarket** AGEN and India-based Zydus Lifesciences ZYDU.NS have entered a $141 mln partnership to advance cancer immunotherapy drugs** Agenus will receive $75 mln upfront and potentially $50 mln more from Zydus for transferring...Reuters
Tue, Jun 3
Stocks
Ahead of Robotaxi Debut, Tesla Proponent Cathie Wood Divests 50,000 Shares
TradingKey - Cathie Wood's ARK Invest, known for its strong support of Tesla, surprisingly reduced its holdings by 50,000 shares over three consecutive days last week, just before the anticipated launch of Tesla's Robotaxi.
TradingKey
Tue, Jun 3
Stocks
Ferguson Enterprises Inc reports results for the quarter ended April 30 - Earnings Summary
Ferguson Enterprises Inc FERG.N reported quarterly adjusted earnings of $2.50 per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of $2.32. The mean expectation of fifteen analysts for the quarter was for earnings of $2.02 per share. Wal...Reuters
Tue, Jun 3
Stocks
5 Reasons to Buy Realty Income Stock Right Now
Realty Income (NYSE: O) is a foundational stock that can be the backbone of a diversified dividend portfolio. Most income-focused investors should at least consider adding it to their holdings. Here's a look at five key reasons right now is the time to buy this real estate investment trust (REIT).1....The Motley Fool
Tue, Jun 3
Cryptocurrencies
Bitcoin Price Forecast: BTC falls below $106,000 as risk-off sentiment persists
Bitcoin (BTC) is facing rejection around a key resistance level and trades below $106,000 at the time of writing on Tuesday. The technical outlook supports a correction as risk-off sentiment persists due to the rising tensions between Israel and Gaza.Fxstreet
Tue, Jun 3
Forex
AUD/USD drifts lower amid cautious RBA, global trade uncertainty
The Australian Dollar (AUD) slips against the US Dollar (USD) on Tuesday, retreating from recent highs to 0.6460 as traders react to the Reserve Bank of Australia’s (RBA) cautious tone and softer-than-expected current account figures.
Fxstreet
Tue, Jun 3
Stocks
U.S. STOCKS ON THE MOVE-Block, Constellation Energy, Dollar General
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures fell on Tuesday as investors awaited possible negotiations between the United States and its trading partners for more clarity on the tariff war that has roiled fina...Reuters
Tue, Jun 3
Other
Miller completes AHJ acquisition in reinsurance push
By Rebecca DelaneyJune 3 - (The Insurer) - London (re)insurance broker Miller has completed its acquisition of AHJ Holdings, the parent of specialist brokers Alwen Hough Johnson and AHJ Europe, the company announced on Tuesday.Miller said the transaction, which was announced in February, closed on J...Reuters
Tue, Jun 3
Other
Peab Acts To Receive Payment From URW
June 3 (Reuters) - Peab AB PEABb.ST:AFTER SUCCESS IN SVEA COURT OF APPEAL: PEAB ACTS TO RECEIVE PAYMENT FROM URWURW OBLIGED TO PAY PEAB AROUND SEK 1.6 BILLIONIN ORDER TO ENFORCE PEAB'S RIGHTS PEAB HAS THEREFORE FILED FOR BANKRUPTCY FOR URW'S WHOLLY OWNED SUBSIDIARY RODAMCO PROJECT ABFurther ...Reuters
Tue, Jun 3
