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Stocks
Palantir Stock vs. Taiwan Semiconductor Stock: Wall Street Says Buy One and Sell the Other
Following the end of each calendar quarter, institutional investors are required by the Securities and Exchange Commission (SEC) to file a Form 13F. A 13F serves as a public ledger, breaking down which stocks the "smart money" on Wall Street bought and sold during the most recent quarter.For the las...The Motley Fool
Mon, Jun 2
Cryptocurrencies
Mutuum Finance (MUTM)’s CertiK Audit Boosts Confidence for 25x Price Growth
In the world of decentralized finance (DeFi), one of the biggest threats to investor funds is the security of smart contracts. Projects with strong utility and promising growth potential have collapsed overnight due to poorly written code or malicious backdoors. Countless hyped tokens, despite massive community support, failed solely because they overlooked this critical component: […]Cryptopolitan
Mon, Jun 2
Stocks
Parsons falls after removing confidential contract effects from 2025 forecast
** Shares of cybersecurity firm Parsons Corp PSN.N fall 5% to $60.8 after the bell** Company removing anticipated financial effects of confidential contract from annual guidance for any period after June 2025, in response to State Dept overhaul - PSN** Company lowers 2025 revenue forecast to $6.45 b...Reuters
Mon, Jun 2
Commodities
Oil gains on supply concerns as wildfires disrupt Canada supply, OPEC+ keeps output plans unchanged
OPEC+ to raise output by 411,000 bpd in JulyUS dollar weakens on fresh tariff threatsCanadian thermal oil sands operators shut production due to wildfiresBy Nicole Jao NEW YORK, June 2 (Reuters) - Oil prices climbed nearly 3% on Monday on supply concerns as producer group OPEC+ decided not to acc...Reuters
Mon, Jun 2
Cryptocurrencies
Microsoft plans to upgrade its data centers in Zurich and Geneva with advanced GPUs to meet growing AI demand
Microsoft has announced its plans to foster the growth of digital infrastructure, artificial intelligence technology and startup growth in Switzerland with a $400M investment deal. Microsoft has announced that it will be pouring $400M into enhancing Switzerland’s digital infrastructure. The company is especially focused on expanding the country’s cloud and AI capabilities, empowering startups, developing […]Cryptopolitan
Mon, Jun 2
Stocks
Vanguard files for new ex-China emerging markets ETF
Vanguard plans new, low-fee ex-China emerging markets fundNew ETF would bring roster of ex-China products to 13Appetite for ex-China emerging markets waning amid Chinese stock reboundBy Suzanne McGeeJune 2 (Reuters) - Asset management giant Vanguard Group plans to launch a new exchange-traded fund (...Reuters
Mon, Jun 2
Commodities
CANADA-CRUDE-Discount on Western Canada Select heavy crude widens; wildfires affect production
June 2 (Reuters) - The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) CLc1 widened on Monday but remained in historically tight territory as wildfires affected Canadian oil production.WCS for July delivery in Hardisty, Alberta, settled a...Reuters
Mon, Jun 2
Commodities
US Cash Grains-Soybean, corn basis bids jump at elevators, processors
CHICAGO, June 2 (Reuters) - Spot soybean and corn basis bids jumped at some elevators and processors in the U.S. Midwest on Monday, dealers said.Farmers continue to be reluctant to sell crops as they wrap up plantings and try to assess how growing conditions may look during the summer, they said.The...Reuters
Mon, Jun 2
Other
WRAPUP 2-Tennis-Djokovic hits French Open ton, Sinner sublime, Bublik stuns Draper
Djokovic beats Britain's Norrie in straight sets Becomes second man to reach 100 French Open winsSinner swats Rublev aside to reach quarter-finalsKazakhstan's Bublik upsets world number five DraperBy Karolos Grohmann PARIS, June 2 (Reuters) - Three-times champion Novak Djokovic reache...Reuters
Mon, Jun 2
Stocks
Why Meta Platforms Stock Jumped 18% in May
Shares of Meta Platforms (NASDAQ: META) were moving higher last month after the social media giant jumped on a better-than-expected earnings report, and the stock gained again in the second week of May on news of a detente in the trade war between the U.S. and China.According to data from S&P Global...The Motley Fool
Mon, Jun 2
Other
US FDA launches AI tool to reduce time taken for scientific reviews
June 2 (Reuters) - The U.S. Food and Drug Administration said on Monday that it had launched a generative AI tool, Elsa, aimed at improving efficiency across its operations, including scientific reviews."Today's rollout of Elsa is ahead of schedule and under budget, thanks to the collaborati...Reuters
Mon, Jun 2
Other
HCI secures over $3.5 billion of XoL reinsurance at June 1 renewals
By Michael LoneyJune 2 - (The Insurer) - Florida carrier HCI Group has secured over $3.5 billion in excess of loss aggregate limit and full reinstatement premium protection for the 2025-2026 treaty year, with expected net premiums of $422 million.HCI’s catastrophe reinsurance programs for the 2025-2...Reuters
Mon, Jun 2
Economic Indicator
US LNG exports declines in May from April's record
US LNG exports drop on plant maintenance activityU.S. largest LNG facility producing at lowest levels in 22 monthsMost LNG exported in May sold to Europe as traders take advantage of higher pricesBy Curtis Williams HOUSTON, June 2 (Reuters) - U.S. liquefied natural gas exports fell in May due to ...Reuters
Mon, Jun 2
Other
Parsons Corp - Removes Confidential Contract From 2025 Guidance
June 2 (Reuters) - Parsons Corp PSN.N:PARSONS CORP - REMOVES CONFIDENTIAL CONTRACT FROM 2025 GUIDANCE - SEC FILINGPARSONS CORP - LOWERS FY25 TOTAL REVENUE GUIDANCE TO $6.45B-$6.65B - SEC FILINGPARSONS CORP - FY25 REVENUE EXCLUDING CONFIDENTIAL CONTRACT GUIDANCE $6.165B-$6.365B - SEC FILINGPARSONS CO...Reuters
Mon, Jun 2
