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Cryptocurrencies
USDC Issuer Circle Now Targets $7.2 Billion Valuation In Major US IPO
Circle, the issuer of the second largest stablecoin by market cap, USDC, announced on Monday that it has increased the expected price range for its upcoming initial public offering (IPO). According to Reuters, the new price range has been adjusted from the previously announced $24 to $26 per share t...
Bitcoinist
Tue, Jun 3
Cryptocurrencies
China’s factory output suffers sharpest decline since 2022
Caixin revealed that China’s manufacturing activity dropped to its lowest level since September 2022, while official PMI contracted for a second month in May.
Cryptopolitan
Tue, Jun 3
Cryptocurrencies
TSMC “working hard” to meet AI Chip demand despite trade and political pressures
Taiwan’s TSMC said U.S. tariffs are having some impact on the company, but demand for artificial intelligence (AI) chips remains strong and exceeds supply. U.S. President Donald Trump’s trade measures have caused uncertainty for TSMC, the leading maker of advanced semiconductors for customers like Apple and Nvidia. At its shareholders meeting in Hsinchu, Chief Executive […]
Cryptopolitan
Tue, Jun 3
Stocks
The Best Stocks to Invest $1,000 in Right Now
Are you just as afraid of a market pullback right now as you are of missing out on upside? If so, you're not alone. This is a confusing environment for investors. Major names like Nvidia and Home Depot are sending mixed messages, while the market itself seems to be waiting for more clarity about tar...
The Motley Fool
Tue, Jun 3
Commodities
IATA Director General Says Airlines Will Need To See Evidence Of Peace Before Reconfiguring Their Network, Fly Over Russia
June 3 (Reuters) - IATA DIRECTOR GENERAL: THERE HAS BEEN NO DISCUSSION ABOUT DELAYING NET ZERO TARGETS DATEIATA DIRECTOR GENERAL: FORWARD BOOKING PROFILE FROM EUROPE TO NORTH AMERICA LOOKS FINE, THOUGH SLIGHLTY SOFTER IN Q4IATA DIRECTOR GENERAL: ANY CONSUMER RELUCTANCE CAN ALWAYS BE ADDRESSED THROUG...
Reuters
Tue, Jun 3
Stocks
J.P.Morgan upgrades Pinterest to 'overweight'; shares jump
** Image-sharing platform Pinterest's PINS.N shares jump 3.32% to $32.98 in premarket trading** J.P.Morgan upgrades stock to "overweight" from "neutral", noting that PINS is leveraging its full funnel ad approach and automation/AI capabilities to attract mid-sized advertisers ($1...
Reuters
Tue, Jun 3
Commodities
Silver Price Forecast: XAG/USD bearish correction finds support at $34.00
Silver prices (XAG/USD) are trading lower on Tuesday’s European session, weighed by a somewhat firmer US Dollar, as the risk-off mood witnessed on Monday seems to have eased.The precious metal hit fresh six-month highs on Monday, with the US Dollar hammered by renewed tariff concerns and downbeat US
Silver
Fxstreet
Tue, Jun 3
Stocks
These 2 Dow Stocks Are Set to Soar in 2025 and Beyond
The Dow Jones Industrial Average (DJINDICES: ^DJI) index, which includes the 30 most prominent companies in the U.S., is used by some as a benchmark of the American economy. Over the past 10 years, the Dow advanced about 135%, even as the COVID-19 pandemic, inflation, rising interest rates, and othe...
The Motley Fool
Tue, Jun 3
Other
Medvedev says Russia seeks victory, not compromise, in talks with Ukraine
MOSCOW, June 3 (Reuters) - Senior Russian security official Dmitry Medvedev said on Tuesday that the point of holding peace talks with Ukraine was to ensure a swift and complete Russian victory."The Istanbul talks are not for striking a compromise peace on someone else's delusional terms but...
Reuters
Tue, Jun 3
Other
UN convoy attacked on the way to Sudan's al-Fashir, UNICEF says
GENEVA, June 3 (Reuters) - A U.N. convoy delivering food into Sudan's al-Fashir in North Darfur came under attack overnight, a spokesperson for the U.N. children's agency told Reuters on Tuesday, adding that initial reports indicated "multiple casualties"."We have received inform...
Reuters
Tue, Jun 3
Stocks
Thinking of Retiring Early? 3 Things You Have to Do First.
There are numerous benefits to leaving the workforce at a relatively young age. For one thing, you may be less likely to burn out or experience the health issues that come with spending too many years at a stressful job. Also, retiring at a young age could make it possible for you to travel and do o...
The Motley Fool
Tue, Jun 3
Stocks
Elon Musk Has Left the White House -- Should Dogecoin Investors Run for the Hills?
Dogecoin (CRYPTO: DOGE) was founded as a joke by two friends in 2013 who used the famous "Doge" meme as inspiration. Little did they know, it would go on to reach a peak of $0.73 per token in 2021, which translated to an eye-popping market capitalization of almost $90 billion. A lot of that value wa...
The Motley Fool
Tue, Jun 3
Stocks
Prediction: Investors Are Unlikely to Win With SoundHound AI Stock, and Here's Why
As SoundHound AI (NASDAQ: SOUN) has developed voice-recognition technology driven by artificial intelligence (AI) that has attracted high-profile clients, more investors have taken an interest in the company. Between that technology and rapid revenue growth, it may look like a stock poised to drive ...
The Motley Fool
Tue, Jun 3
Other
Irish fintech Nomupay gets $40 mln investment from SoftBank
STOCKHOLM, June 3 (Reuters) - Irish fintech Nomupay said on Tuesday it had received a $40 million investment from an unit of SoftBank Corp 9434.T at a valuation of $290 million to help it expand in Asian countries such as Japan.Nomupay started operations in 2021 after buying licences from payments c...
Reuters
Tue, Jun 3
Stocks
Deutsche Bank ups Technoprobe on 'game changing' HBM-related potential; shares rise
** Deutsche Bank ups Italy's Technoprobe TPRO.MI to "buy" from "hold" as it says the strong high bandwidth memory (HBM) supply chain pressure applied by Nvidia NVDA.O has "game-changing" potential** Technoprobe shares rise as much as 7.6%** Group "to be qualified at a...
Reuters
Tue, Jun 3
Commodities
WTI hovers around $62.50, downside appears due to OECD’s revision of GDP forecasts
West Texas Intermediate (WTI) Oil price remains steady after registering more than 3.50% gains, trading around $62.50 during the Asian hours on Tuesday.
WTI
Fxstreet
Tue, Jun 3
Cryptocurrencies
Wall Street closed higher Monday with the S&P up 0.4%
Wall Street ended Monday in the green, with all three major indexes rising even as Donald Trump, now back in the White House, hiked tariffs on imported steel and aluminum. The S&P 500 closed at 5,935.94, climbing 0.4%, while the Nasdaq Composite jumped 0.7% to settle at 19,242.61. The Dow Jones Industrial Average edged up […]
Cryptopolitan
Tue, Jun 3
Stocks
2 No-Brainer Artificial Intelligence (AI) Stocks to Buy With $450 in June 2025
Within the technology sector, software stocks have outperformed hardware stocks by 26 percentage points year to date. Software companies are more attractive in the current market environment (particularly those involved with artificial intelligence) because they are generally exempt from tariffs.Inv...
The Motley Fool
Tue, Jun 3
Stocks
Is Enterprise Products Partners the Smartest Investment You Can Make Today?
You'll sometimes see investors pose the question online: "If you had $1 million and could only invest in one stock to hold for the next 10 years, what would it be?" On the surface, it's a way to crowdsource stock ideas, but it also brings in two key factors: time horizon and downside protection. Aft...
The Motley Fool
Tue, Jun 3
Stocks
Campbell's Co reports results for the quarter ended April 30 - Earnings Summary
Campbell's Co CPB.OQ reported quarterly adjusted earnings of 73 cents per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 75 cents. The mean expectation of twenty analysts for the quarter was for earnings of 66 cents per share. Wal...
Reuters
Tue, Jun 3
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