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Johnson promoted to CUO at Munich Re Specialty – North America
By Michael LoneyJune 2 - (The Insurer) - Munich Re Specialty – North America has named Kevin Johnson as chief underwriting officer.Johnson has worked at Munich Re since 2009. In late 2023, he was handed the expanded role of head of North American insurance programs at Munich Re Specialty Insurance.M...Reuters
Mon, Jun 2
Other
Transcontinental Inc expected to post earnings of 54 cents a share - Earnings Preview
Transcontinental Inc TCLa.TO is expected to show a fall in quarterly revenue when it reports results on June 4 for the period ending April 30 2025The Montreal Quebec-based company is expected to report a 3.0% decrease in revenue to C$662.767 million from C$683.2 million a year ago, according to t...Reuters
Mon, Jun 2
Other
Descartes Systems Group Inc expected to post earnings of 44 cents a share - Earnings Preview
Descartes Systems Group Inc DSG.TO is expected to show a rise in quarterly revenue when it reports results on June 4 for the period ending April 30 2025The Waterloo Ontario-based company is expected to report a 12.1% increase in revenue to $169.653 million from $151.35 million a year ago, accordi...Reuters
Mon, Jun 2
Other
Coalition hires McGill’s Derfus as director of capacity
By Michael LoneyJune 2 - (The Insurer) – Cyber Insurtech Coalition has hired Ilsa Derfus from McGill & Partners as director of capacity.Derfus will be responsible for managing Coalition’s relationships with carrier partners and will serve as its primary point of contact for all capacity-related ...Reuters
Mon, Jun 2
Other
Bark Inc expected to post breakeven results a share - Earnings Preview
Bark Inc BARK.N, BARK.K is expected to show a rise in quarterly revenue when it reports results on June 4 for the period ending March 31 2025The New York City-based company is expected to report a 4.4% increase in revenue to $126.784 million from $121.48 million a year ago, according to the mean e...Reuters
Mon, Jun 2
Other
ChargePoint Holdings Inc expected to post a loss of 6 cents a share - Earnings Preview
ChargePoint Holdings Inc CHPT.N, CHPT.K is expected to show a fall in quarterly revenue when it reports results on June 4 for the period ending April 30 2025The Campbell California-based company is expected to report a 6.1% decrease in revenue to $100.527 million from $107.04 million a year ago, a...Reuters
Mon, Jun 2
Other
Tillys Inc expected to post a loss of 66 cents a share - Earnings Preview
Tillys Inc TLYS.N, TLYS.K is expected to show a fall in quarterly revenue when it reports results on June 4 for the period ending April 30 2025The Irvine California-based company is expected to report a 6.6% decrease in revenue to $108.202 million from $115.86 million a year ago, according to the ...Reuters
Mon, Jun 2
Cryptocurrencies
Circle raises its IPO funding goal to $896M
Circle and its shareholders have increased the size and price of the company’s initial public offering, reflecting the apparent interest that investors have shown in owning a part of the USDC stablecoin issuer. According to a Monday filing with the SEC, the stablecoin issuer and some of its backers are now offering 32 million shares […]Cryptopolitan
Mon, Jun 2
Stocks
US STOCKS-S&P closes higher on trade hopes, Nvidia lifts Nasdaq
Investors hopeful of trade talks despite Trump's steel threat Tesla falls after reporting lower May sales for some EU nationsU.S. ISM manufacturing PMI for May at 48.5 vs 49.3 forecastBy Saeed Azhar, Kanchana Chakravarty and Sukriti Gupta NEW YORK, June 2 (Reuters) - The S&P 500 index clo...Reuters
Mon, Jun 2
Commodities
CBOT wheat ends higher on Black Sea tensions, softer dollar
CHICAGO, June 2 (Reuters) - Chicago Board of Trade wheat futures closed higher on Monday as rising tensions in the Black Sea region, a weaker U.S. dollar and some uncertainty about global production prospects triggered speculative short-covering, traders said.Commodity funds hold a large net short p...Reuters
Mon, Jun 2
Stocks
Prediction: Nvidia Will Beat the Market. Here's Why
Nvidia (NASDAQ: NVDA), the world's largest producer of discrete graphics processing units (GPUs), saw its stock surge 25,250% over the past 10 years as the S&P 500 advanced less than 180%. From fiscal 2015 to fiscal 2025 (which ended this January), its revenue rose at a compound annual growth rate (...The Motley Fool
Mon, Jun 2
Cryptocurrencies
5 Reasons Mutuum Finance (MUTM) Could Be the Next 50x Crypto Gem
As the crypto space shifts toward real-world utility and sustainable passive income, few projects stand out like Mutuum Finance (MUTM). With a live presale price of just $0.03, over $9.72 million already raised, and a roadmap aimed at delivering a functional decentralized lending platform, MUTM is quickly attracting attention from prudent investors. Let’s explore five […]Cryptopolitan
Mon, Jun 2
Other
Proxy advisor Glass Lewis backs Ancora in Forward Air fight, echoes ISS report
By Svea Herbst-Bayliss NEW YORK, June 2 (Reuters) - Glass Lewis on Monday backed Ancora Holdings' campaign to remove three long-serving directors at Forward Air FWRD.O, becoming the second proxy advisory firm to urge investors to withhold votes on the trio's upcoming election.The Glass Le...Reuters
Mon, Jun 2
Stocks
Energy companies rise amid Canadian wildfire supply concerns, softer dollar
** S&P 500 energy index .SPNY up 1%, tracking a rise in oil prices O/R** Brent crude futures LCOc1 up 3.4% at $64.90/barrel, while U.S. West Texas Intermediate crude CLc1 rises 3.3% to $64.85/barrel** Prices rose despite producer group OPEC+ sticking with output hike plans, as wildfires burning ...Reuters
Mon, Jun 2
Stocks
EMERGING MARKETS-Higher commodities, weaker dollar lift LatAam assets amid Trump policy twists
LatAm FX up 0.92%, stocks up 0.69%Brazil's industrial activity contracts in MayBrazil economists see 2025 inflation at 5.46%, poll showsBy Nikhil Sharma and Pranav Kashyap June 2 (Reuters) - Latin American currencies rose on Monday, with Mexico's peso spearheading the rally as investo...Reuters
Mon, Jun 2
Commodities
Panama removes over 650 ships from registry amid sanctions, stricter rules
By Elida MorenoPANAMA CITY, June 2 (Reuters) - Panama's Maritime Authority has removed from its registry more than 650 vessels since 2019 as part of an effort to fulfill U.S. sanctions and enforce stricter rules for the ships it flags, it said on Monday. A total of 214 vessels have been withdraw...Reuters
Mon, Jun 2
Commodities
U.S. nuclear power plant outages
June 2 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Total ...Reuters
Mon, Jun 2
Economic Indicator
TREASURIES-US yields rise after latest tariff threat, data
Yields rise after Trump's tariff announcement on steel and aluminumISM manufacturing PMI shows contraction for third straight monthFed's Waller said cuts this year still possibleBy Chuck Mikolajczak NEW YORK, June 2 (Reuters) - Longer-dated Treasury yields climbed on Monday after the ...Reuters
Mon, Jun 2
