News
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Cryptocurrencies
The dubious story behind Ross Ulbricht's $30M donation: 300 Bitcoins traced back to old Silk Road wallets
Ross Ulbricht didn’t get handed 300 Bitcoin by some mystery savior. He sent the money to himself—at least, that’s what the author of this article thinks. Now, around twenty-four hours ago, shortly after Ross made a historic appearance at Bitcoin 2025 in Las Vegas, a wallet tied to the former Silk Road operator suddenly received […]Cryptopolitan
Mon, Jun 2
Indices
US Dollar Index drops below 99.00 due to tariff threats, ISM Manufacturing PMI awaited
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is depreciating by more than 0.50% and trading near 98.80 during the European hours on Monday.Fxstreet
Mon, Jun 2
Stocks
Moderna rises after US FDA nod for next-gen COVID-19 vaccine
** Moderna MRNA.O rises 5% to $27.86 premarket** Vaccine maker said U.S. FDA approved its next-gen COVID-19 vaccine, mNEXSPIKE, for everyone aged 65 and older** Added mNEXSPIKE also approved for people aged 12-64 with at least one or more underlying risk factors defined by the Centers for Disease Co...Reuters
Mon, Jun 2
Stocks
Is AI Duolingo's Biggest Risk or Biggest Catalyst?
Gamified mobile learning company Duolingo (NASDAQ: DUOL) has been a market-crushing investment. The stock closed its first day of trading in 2021 at $139 per share. As of this writing, just four years later, it's trading at over $520 per share, up 276% and trading near an all-time high. For perspect...The Motley Fool
Mon, Jun 2
Stocks
US steel companies capitalise on Trump's fresh tariff threat
** U.S. steel companies gain in premarket trade** On Friday, Trump said he would raise tariffs on steel and aluminium imports to 50% from 25%, effective Wednesday, sparking widespread criticism from trade partners** Cleveland Cliffs CLF.N jumps more than 26%; Nucor NUE.N gains 8.9%; Steel Dynamics S...Reuters
Mon, Jun 2
Commodities
EUROPE GAS-Prices edge higher amid weak demand, Norwegian maintenance
LONDON, June 2 (Reuters) - Dutch and British wholesale gas prices edged higher on Monday morning, recovering from a price fall on Friday and as warmer temperatures eased demand and ongoing maintenance in Norway curbed supply.The benchmark Dutch front-month contract at the TTF hub TRNLTTFMc1 was up ...Reuters
Mon, Jun 2
Stocks
Palantir vs. Alphabet Stock: Wall Street Says Buy One and Sell the Other
Artificial intelligence (AI) has been the driving force behind the stock market's gains since the bottom of the recent bear market in October 2022. Breakthroughs in generative AI's capabilities created a lot of excitement about the potential of new uses for AI within businesses.Palantir Technologies...The Motley Fool
Mon, Jun 2
Forex
FOREX-US dollar declines as steel tariffs, China tensions hurt sentiment
Dollar sentiment fragile after Trump threatens 50% steel dutiesCanadian dollar near eight-month highBeijing hits back over White House accusations it violated dealSenate to start consideration of Trump's tax and spending billBy Kevin Buckland and Johann M Cherian June 2 (Reuters) - The U.S. d...Reuters
Mon, Jun 2
Economic Indicator
Ukraine's Naftogaz to buy new drilling rigs with EBRD loan
KYIV, June 2 (Reuters) - Ukraine's leading natural gas producer, state-run firm Naftogaz, will receive a 36.4 million euro loan from the European Bank for Reconstruction and Development to modernise its drilling equipment, the company said on Monday.Naftogaz produces the lion's share of Ukra...Reuters
Mon, Jun 2
Stocks
Wondering If UPS' 6.7%-Yielding Dividend Is Sustainable? Here's What You Need to Know.
I've read several articles recently suggesting that United Parcel Service (NYSE: UPS) should cut its dividend. The reasoning is that the world's largest package delivery company could create more value for shareholders if it did. While the idea of a dividend cut might be appealing to some, I suspect...The Motley Fool
Mon, Jun 2
Stocks
HK-listed Chinese shares near one-month low, offshore yuan weakens on tariff concerns
HONG KONG, June 2(Reuters) - Chinese stocks listed in Hong Kong slipped to near a one-month low on Monday and the offshore yuan weakened as renewed China-U.S. tariff tensions weighed on sentiment.Tensions between the world's two biggest economies flared again after U.S. President Donald Trump on...Reuters
Mon, Jun 2
Stocks
3 Tech Stocks You Can Buy and Hold for the Next Decade
The tech sector has rewarded many of its most patient investors over the past few decades. Winners like Apple, Microsoft, and Amazon generated multibagger returns for investors who consistently tuned out the near-term noise, rode out the volatile market swings, and focused on their long-term goals.S...The Motley Fool
Mon, Jun 2
Other
Drugmaker Indivior drops London listing to cut costs
Company to delist from London, maintain Nasdaq listingIndivior's revenue heavily reliant on US marketLondon struggling to attract major IPOs despite rule changes June 2 (Reuters) - Pharma firm Indivior INDV.L said on Monday it would cancel its secondary listing on the London Stock Exchange, e...Reuters
Mon, Jun 2
Stocks
1 Top Dividend Growth Stock to Buy Right Now
For many investors, dividends can become a realistic source of income after retirement. For example, if you owned $1 million worth of Realty Income (NYSE: O) at its current yield of 5.7%, you would generate $4,750 per month or $57,000 in cash every year without having to work. That's significantly m...The Motley Fool
Mon, Jun 2
Other
UK's Rosebank Industries revives plans to buy US-based ECI for under $1.9 billion
June 2 (Reuters) - British investment firm Rosebank Industries ROSE.L said on Monday it has restarted talks to buy U.S.-based Electrical Components International, which makes wire harnesses, for under $1.9 billion.Rosebank, which specialises in acquiring and improving businesses before selling them,...Reuters
Mon, Jun 2
Forex
Weak dollar reprises its role as 'carry' trade funder
Trump's presidency boosts dollar-funded carry tradesGoldman Sachs sees carry trades as a major themeRupee, rupiah and real among top picks for their carryBy Nimesh VoraMUMBAI, June 2 (Reuters) - The U.S. dollar's weakness since the start of Donald Trump's presidency has made it the pref...Reuters
Mon, Jun 2
