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Category: Business

Wall Street surges after strong jobs report, led by tech stocks, with S&P 500 near record high

From Yahoo Finance: 2025-06-05 23:49:00 Stocks on Wall Street surged on Friday after a strong U.S. job market report, resulting

June 5, 2025

SolarBank Corporation is using proceeds from a solar project to purchase Bitcoin.

From Yahoo Finance: 2025-06-05 23:31:00 SolarBank Corporation (NASDAQ:SUUN) is implementing a Bitcoin treasury strategy, using proceeds from the Geddes Solar

June 5, 2025

Morgan Stanley increases Sprinklr's price target to $10, notes company's progress and stable outlook.

From Yahoo Finance: 2025-06-05 23:20:00 Morgan Stanley raised Sprinklr Inc.’s price target to $10 with an Equal Weight rating, noting

June 5, 2025

Bernstein maintains Market Perform rating on Etsy with $45 price target, positive for stock.

From Yahoo Finance: 2025-06-05 21:06:00 Bernstein maintained a Market Perform rating on Etsy, Inc. (ETSY) with a price target of

June 5, 2025

Jefferies upgraded Southern Company to Buy due to promising growth outlook, projecting considerable rate base growth

From Yahoo Finance: 2025-06-05 21:03:00 Jefferies upgraded The Southern Company (SO) to Buy from Hold with a price target of

June 5, 2025

HSBC upgrades RDY to Buy due to positive earnings potential, higher sales forecast, and price target increase.

From Yahoo Finance: 2025-06-05 20:59:00 HSBC upgraded Dr. Reddy’s Laboratories Limited (RDY) from Buy to Hold with a new price

June 5, 2025

Morgan Stanley initiates Equal Weight rating for Parker-Hannifin Corp, sees improved valuation and secular model

From Yahoo Finance: 2025-06-05 20:38:00 Morgan Stanley initiated coverage of Parker-Hannifin Corporation (PH) with an Equal Weight rating and a

June 5, 2025

Uber Eats partners with Five Below to deliver affordable, trendy products nationwide

From Yahoo Finance: 2025-06-05 20:19:00 Uber Eats and Five Below have teamed up to offer delivery of affordable, trendy products

June 5, 2025

PowerSecure partners with Edged to provide eco-friendly power distribution systems for data centers

From Yahoo Finance: 2025-06-05 19:38:00 PowerSecure, a subsidiary of The Southern Company, is partnering with Edged to provide eco-friendly power

June 5, 2025

Tesla shares drop over 14% as Elon Musk feuds with Trump over budget, impacting sales

From Morningstar: 2025-06-05 19:11:00 Tesla CEO Elon Musk and US President Donald Trump are in a public feud over the

June 5, 2025

Procter & Gamble to cut 7,000 jobs due to tariffs and economic challenges

From Yahoo Finance: 2025-06-05 18:44:00 The Procter & Gamble Company (NYSE:PG) plans to cut up to 7,000 jobs— about 6%

June 5, 2025

Honeywell, Johnson Matthey, GIDARA Energy, and SAMSUNG E&A partner to create sustainable aviation fuel solution.

From Yahoo Finance: 2025-06-05 18:16:00 Honeywell International Inc., Johnson Matthey, GIDARA Energy, and SAMSUNG E&A have partnered to create a

June 5, 2025

Uber CEO believes stablecoins could lower cross-border costs, exploring digital assets' potential

From Yahoo Finance: 2025-06-05 18:05:00 Uber CEO Dara Khosrowshahi believes stablecoins could lower cross-border costs, exploring the digital assets’ potential

June 5, 2025

Walmart expanding drone deliveries to 5 states, offering quick delivery of groceries and medication

From CNBC: 2025-06-05 17:59:00 Walmart is expanding drone deliveries to 100 stores in Atlanta, Charlotte, Houston, Orlando, and Tampa within

June 5, 2025

Kendra Tucker steps down as Truckstop CEO, Founder Scott Moscrip becomes interim CEO

From Yahoo Finance: 2025-06-05 17:59:00 Truckstop CEO Kendra Tucker is stepping down after three years. Founder Scott Moscrip will serve

June 5, 2025

Akre Capital Management plans to convert its mutual fund to an ETF, benefiting shareholders.

From Yahoo Finance: 2025-06-05 17:45:00 Akre Capital Management plans to convert its Akre Focus Fund to an ETF in fall

June 5, 2025

JPMorgan now accepting cryptocurrency as collateral for loans, signaling mainstream acceptance of Bitcoin.

From Yahoo Finance: 2025-06-05 17:45:00 JPMorgan Chase is now accepting cryptocurrency investments, including BlackRock’s iShares Bitcoin Trust (IBIT), as collateral

June 5, 2025

Circle's successful $1.05 billion IPO may lead other crypto firms to go public

From Yahoo Finance: 2025-06-05 17:37:00 Stablecoin issuer Circle’s $1.05 billion IPO could lead other crypto players to go public as

June 5, 2025

Tesla shares drop significantly as Elon Musk and Donald Trump clash over budget bill

From Yahoo Finance: 2025-06-05 17:37:00 The S&P 500 fell 0.6% on Thursday due to a rise in unemployment claims, raising

June 5, 2025

Greif stock rose nearly 16% after strong Q2 earnings beat

From Yahoo Finance: 2025-06-05 17:37:00 Veteran industrial company Greif (NYSE: GEF) impressed investors with a strong earnings beat in Q2

June 5, 2025

Meta is seeking exclusive Hollywood content for its new VR headset to compete with Apple's Vision Pro.

From Yahoo Finance: 2025-06-05 17:11:00 Meta Platforms, Inc. is in talks with Disney and A24 for exclusive content for its

June 5, 2025

Truist raises Genesco's price target by $2 to $25, maintaining a Hold rating.

From Yahoo Finance: 2025-06-05 17:07:00 Truist raises Genesco’s price target by $2 to $25, maintaining a Hold rating on the

June 5, 2025

Lululemon lowers profit forecast due to tariffs and weak demand, shares drop 22%.

From Yahoo Finance: 2025-06-05 16:12:00 Lululemon cuts profit forecast due to higher costs from U.S. tariffs and lackluster demand. Shares

June 5, 2025

Foxconn investing $450 million in Houston, creating 600 jobs, with Apple and Nvidia also investing

From Yahoo Finance.: 2025-06-05 15:40:00 Taiwan-based Foxconn acquires Fairbanks Logistics Park in Houston, investing $450 million to build AI server

June 5, 2025

Stock market dips in final hour, Dow down 130 points, Tesla plummets 14%

From Dow Jones & Company: 2025-06-05 15:36:00 In the final hour of trading, the stock market took a hit with

June 5, 2025

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