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CORRECTED-Shell in early talks to buy BP, WSJ reports
June 25 (Reuters) - Shell SHEL.L is in early talks to buy rival BP BP.L, the Wall Street Journal reported on Wednesday, citing people familiar with the matter
Reuters
Wed, Jun 25
Stocks
Tesla's Robotaxi Rollout
In this podcast, Motley Fool Chief Investment Officer Andy Cross and contributors Jason Hall and Matt Frankel discuss:Fair Isaac Corp. to include buy now, pay later data.The importance of Tesla's robotaxi.Tesla's advantages and challenges in self-driving.Fiserv launches its own stablecoin.To catch f...
The Motley Fool
Wed, Jun 25
Other
Euro area yields rise, Iran-Israel ceasefire and fiscal outlook in focus
By Stefano Rebaudo June 25 (Reuters) - Euro zone government bond yields rose on Wednesday as investors processed concerns about increased fiscal spending across the euro area and kept a wary eye on the Iran-Israel ceasefire. Germany's cabinet approved a draft budget with record investments on...
Reuters
Wed, Jun 25
Stocks
FedEx Grows Profits, Cuts Costs in Fiscal Q4 2025
FedEx Corporation (NYSE:FDX) reported its fiscal 2025 fourth-quarter earnings on June 24, 2025, achieving 1% revenue growth and an 8% increase in adjusted operating income, as well as 60 basis points of adjusted operating margin expansion. In fiscal 2025, it returned $4.3 billion to shareholders via...
The Motley Fool
Wed, Jun 25
Other
Microsoft sued by authors over use of books in AI training
By Blake Brittain June 25 (Reuters) - Microsoft MSFT.O has been hit with a lawsuit by a group of authors who claim the company used their books without permission to train its Megatron artificial intelligence model.Kai Bird, Jia Tolentino, Daniel Okrent and several others alleged that Microsoft u...
Reuters
Wed, Jun 25
Stocks
J.P. Morgan Asset Management launches its largest active ETF
June 25 (Reuters) - J.P. Morgan Asset Management on Wednesday announced the launch of its largest active exchange-traded fund anchored by a $2 billion investment from an external institutional client.
Reuters
Wed, Jun 25
Other
Overlook’s Kabir expects near-term liquidity events for insurtech LPs to drive further investment
By James ThalerJune 24 - (The Insurer) - The bar for (re)insurance firms deploying capital to insurtech venture funds has become “extremely high”, said Overlook Ventures founding partner Amir Kabir, who added that near-term liquidity events should drive more investment from strategics.“When you were...
Reuters
Wed, Jun 25
Stocks
PREVIEW: Micron stock dips as investors focus on AI demand
** Micron MU.O shares dipping 1.3% on Wed ahead of qtrly results after the bell, as investors focus on demand for its HBM chips amid AI boom ** Analysts expect qtrly rev up 30% to $8.87 bln, adjusted EPS seen at $1.60 vs $0.62 yr-ago, per LSEG, driven by strong demand for AI-related memory chips** A...
Reuters
Wed, Jun 25
Cryptocurrencies
Mastercard & Chainlink Let 3B+ Spend Crypto — Is Best Wallet Token the Big Winner?
Mastercard announced a major partnership with Chainlink. The landmark deal enables over 3B cardholders to purchase cryptocurrencies directly on-chain. The partnership, officially announced on June 24, 2025, allows users to use Mastercard credit or debit cards to buy tokens on decentralized exchanges...
Bitcoinist
Wed, Jun 25
Other
Trump says Spain will pay more in trade deal after refusal to meet NATO defense spending targets
By Jeff Mason THE HAGUE, June 25 (Reuters) - President Donald Trump said on Wednesday that the United States will make Spain pay twice as much for a trade deal after the country's refusal to meet a NATO defense spending target of 5% of gross domestic product. NATO leaders backed a big...
Reuters
Wed, Jun 25
Other
China Group Likely Used Japan To Ship Fentanyl Chemicals, Nikkei Says
June 25 (Reuters) - NIKKEI:CHINA GROUP LIKELY USED JAPAN TO SHIP FENTANYL CHEMICALSCHINESE ORGANIZATION ALLEGEDLY USED A BASE IN JAPAN TO SMUGGLE CHEMICALS TO MAKE THE SYNTHETIC DRUG FENTANYL INTO THE U.S.
Reuters
Wed, Jun 25
Stocks
AeroVironment Revenue Jumps 14% in Fiscal 2025
AeroVironment (NASDAQ:AVAV) announced its fourth-quarter and full-year fiscal 2025 results on Tuesday, June 24, delivering a 14% full-year revenue increase to $821 million, securing $1.2 billion in bookings and a record $726 million in funded backlog, which jumped 82% from 2024. During the year, the...
The Motley Fool
Wed, Jun 25
Cryptocurrencies
Animoca’s Moca Foundation launches Moca Chain for decentralized digital identity
Animoca Brands-backed Moca Foundation has announced the launch of Moca Chain, a new Layer 1 blockchain network focused on decentralized digital identity and user data. The testnet rollout is expected in the third quarter of 2025, with a full mainnet launch planned for the fourth quarter, the foundation confirmed on Wednesday. According to a press […]
Cryptopolitan
Wed, Jun 25
Stocks
Paychex Inc reports results for the quarter ended May 31 - Earnings Summary
Paychex Inc PAYX.OQ reported quarterly adjusted earnings of $1.19 per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of $1.12. The mean expectation of fifteen analysts for the quarter was for earnings of $1.19 per share. Wall Street expec...
Reuters
Wed, Jun 25
Economic Indicator
TREASURIES-US longer yields rise slightly as markets consider rate cut signs, Middle East truce
By Tatiana Bautzer NEW YORK, June 25 (Reuters) - Yields on longer-dated U.S. Treasuries were slightly up early on Wednesday as oil prices rose and the truce in the Middle East increased investors' willingness to take risks.The yield on the benchmark U.S. 10-year Treasury note US10YT=TWEB rose...
Reuters
Wed, Jun 25
Stocks
Campbell's Co falls after JPM cuts PT
** Shares of packaged food company Campbell's Co CPB.O fall 2% to $31.51** Brokerage JP Morgan cut PT to $34 from $37; maintains "neutral" rating** CPB shares could outperform peers over the next year if the snacking category improves; however, right now don't see sufficient evidence...
Reuters
Wed, Jun 25
Other
Soccer-Mbappe back in training with Real Madrid at Club World Cup
PALM BEACH GARDENS, Florida, June 25 (Reuters) - Kylian Mbappe resumed training with his Real Madrid teammates on Wednesday after recovering from acute gastroenteritis, just ahead of his team's decisive Group H game at the Club World Cup against RB Salzburg.The France forward was briefly admitte...
Reuters
Wed, Jun 25
Forex
USD/JPY climbs as Yen slips on cautious BoJ, steady DXY
The Japanese Yen (JPY) weakens against the US Dollar (USD) on Wednesday, halting a two-day winning streak as the Greenback finds footing. A stabilizing US Dollar Index (DXY) and cautious sentiment following the Bank of Japan’s (BoJ) latest policy commentary weighed on the Yen.
USD/JPY
Fxstreet
Wed, Jun 25
Stocks
Why AeroVironment Stock Is Soaring Today
AeroVironment (NASDAQ: AVAV) topped quarterly expectations and closed out its fiscal year with its highest total bookings on record. Investors are pleased, sending shares of the drone manufacturer up 26% as of 10:30 a.m. ET.Image source: AeroVironment.Where to invest $1,000 right now? Our analyst te...
The Motley Fool
Wed, Jun 25
Forex
GBP/USD holds above 1.3600 as ceasefire lifts mood, BoE turns dovish
The Pound Sterling extends its gains to three straight days during the week, amid an upbeat market mood triggered by the ceasefire of the Israel-Iran conflict. Nevertheless, the truce remains fragile after both parties exchanged blows close to or after the deadline proposed by Washington.
GBP/USD
Fxstreet
Wed, Jun 25
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