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Category: Business

Amazon is investing $10bn in North Carolina for data centre expansion, creating jobs and advancing technology.

From Yahoo Finance: 2025-06-05 06:11:00 Amazon announces a $10bn investment in North Carolina for data centre expansion. The project will

June 5, 2025

US stocks rebound as tariff fears ease, investors cautiously optimistic about trade tensions

From Yahoo Finance: 2025-06-05 06:04:00 Stock investors are showing resilience to U.S. trade policy twists, with the S&P 500 nearing

June 5, 2025

US stock market saw gains due to tariff relief hopes, but analysts predict summer moderation

From Morningstar: 2025-06-05 04:54:00 Stocks surged in May, with the US market up over 6% on hopes of tariff relief

June 5, 2025

UK April inflation rate was overestimated due to error in vehicle tax data

From Morningstar: 2025-06-05 04:53:00 The UK’s inflation rate for April was 0.1 percentage points higher than reported due to an

June 5, 2025

US stock market trading close to fair value, caution advised due to risks, potential market volatility.

From Morningstar: 2025-06-05 04:29:00 As of May 30, 2025, the US stock market was trading at a 3% discount to

June 5, 2025

Hanwha Systems sells stake in Eutelsat at a loss, as Eutelsat seeks new investors

From Yahoo Finance: 2025-06-05 02:00:00 South Korea’s Hanwha Systems sells its 5.4% stake in Eutelsat for 77.6 million euros. Eutelsat

June 5, 2025

Profit-taking continues in crypto market with some coins dropping, but institutional interest in BTC remains

From Yahoo Finance: 2025-06-05 01:27:00 Profit-taking persisted in the crypto market, with Dogecoin and Cardano leading the decline, while Bitcoin

June 5, 2025

Suzuki Motor stops Swift production due to China's rare earth restrictions, impacting supply chains

From Yahoo Finance: 2025-06-05 00:47:00 Suzuki Motor halts production of Swift subcompact due to China’s rare earth restrictions, affecting supply

June 5, 2025

Lawsuit filed against Core Scientific (CORZ) for using Elliptic Curve Cryptography patents, stock price surge.

From Yahoo Finance: 2025-06-04 23:59:00 Core Scientific Inc. (CORZ) saw a 6.44% increase in stock price on Wednesday, reaching $12.56

June 4, 2025

Reddit, Inc. (RDDT) stock rose 6.68% after suing an AI company for data scraping

From Yahoo Finance: 2025-06-04 23:57:00 Reddit, Inc. (RDDT) saw a 6.68% increase in share prices to $118.21 after suing an

June 4, 2025

Recursion Pharmaceuticals, Inc. (RXRX) stock soared 11.85% after analyst and Jim Cramer recommendations.

From Yahoo Finance: 2025-06-04 23:50:00 Recursion Pharmaceuticals, Inc. (RXRX) saw a significant 11.85% increase in share price on Wednesday, closing

June 4, 2025

MP Materials Corp. (MP) surged 11.73% due to China's rare earth export restrictions

From Yahoo Finance: 2025-06-04 23:50:00 MP Materials Corp. (NYSE:MP) saw a strong 11.73% rally on Wednesday amid optimism over China’s

June 4, 2025

STMicroelectronics N.V. (STM) stock price surged 10.67% fueled by optimism

From Yahoo Finance: 2025-06-04 23:50:00 STMicroelectronics N.V. (NYSE:STM) saw a 10.67% jump in stock price on Wednesday, closing at $28.41,

June 4, 2025

Peloton Interactive, Inc. (PTON) stock surged 12.16% on growth plans and debt repayment

From Yahoo Finance: 2025-06-04 23:43:00 Peloton Interactive, Inc. (PTON) saw its stock price surge by 12.16% to $7.47 per share

June 4, 2025

US business optimism sharply declines, executives concerned about economic outlook and impact of Trump policies.

From Yahoo Finance: 2025-06-04 23:30:00 US business optimism has sharply declined, with only 27% of executives confident in the economic

June 4, 2025

US stocks slipped as investors awaited the job market update, with expectations of slower hiring.

From Yahoo Finance: 2025-06-04 23:15:00 U.S. stocks dipped as investors awaited the U.S. job market update. The S&P 500 fell

June 4, 2025

Citi is cutting 3,500 tech jobs in China to streamline operations and enhance risk management.

From Yahoo Finance: 2025-06-04 22:37:00 Citigroup Inc is cutting 3,500 jobs at its technology centres in China to streamline global

June 4, 2025

Kimberly-Clark close to selling tissue business to Suzano for $3.5 billion

From Yahoo Finance: 2025-06-04 21:49:00 Kimberly-Clark is close to selling its Kleenex and tissue businesses outside of North America to

June 4, 2025

Vitalik Buterin's plan could push ETH to $3K, crypto more popular than stocks in Korea

From Yahoo Finance: 2025-06-04 21:47:00 Asian markets are eyeing Ethereum (ETH) hitting $2600, but OKX’s Lennix Lai sees potential for

June 4, 2025

Euro rises against dollar as ECB hints at pausing rate cuts

From Yahoo Finance: 2025-06-04 21:38:00 The euro rose against the dollar as the European Central Bank hinted at a pause

June 4, 2025

Jamie Selway chosen to lead SEC's trading and markets division, despite previous controversy

From Yahoo Finance: 2025-06-04 19:16:00 Jamie Selway, a market structure and investment technology expert, has been chosen to lead the

June 4, 2025

Descartes is cutting 7% of its workforce after earnings miss, but stock only slightly down.

From Yahoo Finance: 2025-06-04 19:09:00 Descartes, a supply chain software provider, is reducing its workforce by 7%, or about 200

June 4, 2025

Circle Internet raises $1.05 billion in IPO, entering traditional finance sector

From Yahoo Finance: 2025-06-04 18:01:00 Circle Internet priced its upsized U.S. IPO at $31, raising $1.05 billion. The offering valued

June 4, 2025

Markets mixed, world stocks at record highs, U.S. economic data uncertain, trade tensions escalate.

From Yahoo Finance: 2025-06-04 17:05:00 Global markets were mixed as world stocks hit record highs, Wall Street closed mixed, and

June 4, 2025

New 'Animal Spirits' ETF WILD offers 2x exposure to major stocks based on momentum.

From Yahoo Finance: 2025-06-04 17:00:00 VistaShares has launched a new ETF called WILD that offers 2x daily exposure to popular

June 4, 2025

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