All Stock News
The Dow's win streak, Macy's earnings, Trump signs AI order and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
EU plans energy standards for data centres amid concerns over soaring power use
The European Union will develop minimum energy-efficiency standards for data centres, it said on Wednesday, as concerns grow over their rapidly rising power use.
Wall Street Sits Up As Victoria's Secret Delivers Soaring Quarter
Victoria's Secret has delivered one of its strongest quarterly performances in years, signaling that the retailer's ongoing transformation efforts may finally be gaining traction in an increasingly co...
EU targets Big Tech dependence with 'made-in-Europe' drive
The European Commission proposed new laws on Wednesday to boost domestic cloud, AI and semiconductor industries, aiming to cut reliance on U.S. Big Tech in a move that could ratchet up transatlantic ...
AI, AI, AI: How It All Fits Into Apple's Future Wearables
Glasses, pendants, AirPods, watches and what else? Apple may not reveal everything at WWDC, but it should start discussing the changes to AI that are coming.
EU could lose 1.3 million jobs due to energy price surge linked to Iran war, Commission says
European automotive, construction, metals, chemicals and transport sectors could lose up to 1.3 million jobs this year as a result of a surge in energy prices caused by the U.S.-Iran conflict, Labo...
Bull vs Bear: Are Space ETFs Ready for Liftoff or Grounded by Macro Headwinds?
Space ETFs have seen strong inflows coupled with standout performance, capturing significant market attention. For investors, the rapid pace of capital deployment into the space economy underscores a ...
Resilience Meets Fragility: Rewriting the Diversification Playbook
State Street Investment Management recently released its Midyear Outlook, and it captured the market's moment incredibly well, depicting an environment marked by both resilience and fragility. When we...
Health insurer Cigna will stop covering GLP-1 weight loss drugs in its employee health plan
CNBC's Becky Quick reports on the latest news.
EU Parliament to switch to French search engine from Google in tech sovereignty push
The European Parliament will switch to French search engine Qwant from Google , it said on Wednesday, underscoring Europe's push to reduce its reliance on U.S. technology in favour of local alterna...
CHARBONE Announces Change of Corporate Name and Registered Address
Brossard, Quebec, June 3, 2026 – TheNewswire – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a vertically integrated industrial gases company focused on produc...
Nestle buys out yfood Labs founders in first acquisition for new CEO
Nestle will fully acquire the smart food brand yfood Labs from its founders, a statement said on Wednesday, the first acquisition for the world's largest packaged food company under new CEO Philipp...
Medtronic Stock Rises on Earnings. Wall Street Looks Past a Soft Outlook.
The medical device maker posts fiscal fourth-quarter earnings and revenue that narrowly beat analysts' estimates.
Medtronic Posts Higher Profit, Sales
Medtronic said its profit and sales rose during its fiscal fourth quarter, reflecting steps the company has taken to improve business performance and drive growth.
Kuwait could recover 70% of oil production in 6-8 weeks after Hormuz reopens, KPC executive says
Kuwait could recover its oil production to almost 70% of normal levels in 6-8 weeks after the Strait of Hormuz reopens, Kuwait Petroleum Company's managing director for international marketing, Sha...
France's Macron invites Sam Altman to attend G7, OpenAI tells CNBC
OpenAI's Sam Altman will be attending the G7 conference in France later this month after an invitation from the French President Emmanuel Macron, the company told CNBC exclusively. Macron has looked t...
New Age Metals to Regain Full Control of Southeastern Manitoba Lithium-Cesium-Tantalum Portfolio
Vancouver BC – June 3, 2026 – TheNewswire - New Age Metals Inc. (TSX.V: NAM; OTCQB: NMTLF; FSE: P7J) (“NAM” or the “Company”) announces that the Company and its wholly owned subsidiary, Lithium Canada...
North Atlantic Titanium Advances Sampling and Drill Planning at Everett Titanium Project, Quebec
Highlights: Integrated surface assay, metallurgical sampling and first modern definition drilling program designed to support data validation and planning for an initial Mineral Resource Estimate unde...
Macy's Lifts Outlook as Turnaround Continues Taking Hold
Macy's raised its full-year outlook and logged higher profit and sales during the first quarter, as its turnaround strategy continued to bear fruit.
Carpenter Technology Gains on Record Earnings, Profits
Institutional inflows push Carpenter Technology Corporation (CRS) shares up 1,894% since 2005.
Lilly gains license for Ascidian's gene-editing tech to develop kidney disease drugs
Ascidian Therapeutics said on Wednesday it has signed a licensing deal for its gene-editing technology with pharma major Eli Lilly , worth up to $1.9 billion, to develop new therapies for rare inher...
EU court hands Meta partial win over tech rules
Meta secured a partial victory Wednesday over the EU's powers to regulate tech giants, as a top court ruled the bloc was wrong to slap tough rules on its Facebook Marketplace platform—but threw out an...
Eli Lilly's top dealmaker says don't be surprised to see more M&A that pushes Lilly into new areas
Eli Lilly's Jacob Van Naarden says Lilly is using the financial strength from its GLP-1 drugs like Mounjaro and Zepbound to fund its new dealmaking strategy. Van Naarden recently became Lilly's head o...
Viva Gold Drills One of its Strongest Holes to Date at the Tonopah Gold Project in Nevada
VANCOUVER, BC – June 3, 2026 – TheNewswire – Viva Gold Corp ( TSXV: VAU; OTCQB: VAUCF) (the “ Company” or “ Viva”) is pleased to announce additional high-grade results from two holes drilled in the...
GSP Resource Corp. Mobilizes Drill and Field Crews for Phase 1 Drilling at Alwin-Mer Properties Targeting High-Grade Gold Expansion & Porphyry Copper, Highland Valley, BC
Vancouver, British Columbia – June 3, 2026 – TheNewswire - GSP Resource Corp. ( TSX-V: GSPR / FSE: 0YD / OTC: GSRCF) (the “ Company ” or “ GSP ”) announces that field and drill crews have mobilized f...
Macy's posts strongest Q1 growth in four years, raises guidance despite consumer worries
Macy's raised its full year guidance after posting better than expected fiscal first quarter results. During the quarter, comparable sales grew 3%, the strongest first quarter performance in four year...
Record Sales Lift First Solar Shares
First Solar, Inc. (FSLR) up 47% in a month after big institutional buying.
Macy's raises annual forecasts as luxury focus draws affluent shoppers
Macy's raised its annual forecasts and posted its first quarterly sales growth in nearly four years on Wednesday, driven by strong demand for high-end apparel and accessories, particularly at its Bl...
KKR, Ares, Blackstone tumble premarket as Partners Group caps private equity fund withdrawals
Shares in U.S. private equity firms fell in premarket trading Wednesday after Switzerland's Partners Group reportedly capped withdrawals from one of its funds. Zurich-listed Partners Group was last se...
Nvidia Is Boosting a Bunch of Other Stocks But Can't Turbo Charge Its Own
Nvidia stock is seeing relatively muted gains from announcements at the Computex conference despite moving other shares.
LendingClub Leaves NYSE For Nasdaq to Mark Banking Rebrand
LendingClub is moving its stock market listing as it prepares for a banking rebrand. The online-lender-turned-full-service bank announced Tuesday (June 2) that it would switch its listing from the New...
Medtronic beats quarterly estimates on robust demand for heart devices
Medtronic beat Wall Street estimates for fourth-quarter revenue and adjusted profit on Wednesday, riding the wave of steady demand for its heart devices used in complex cardiac procedures.
Amazon overthrows Walmart to become Fortune 500's top company — ending superstore's 13-year reign at the top
Amazon has overtaken Walmart to claim the No. 1 spot on the Fortune 500, ending the retailer's 13-year run at the top of the annual ranking of America's biggest companies by revenue.
Trump threatens tariffs on 60 countries including UK and Canada over ‘forced labour'
Proposal for 10-12.5% levies, to also include EU, Taiwan, Canada and Australia, would allow US president to skirt court-imposed limits
SpaceX's mega IPO plan hits a wall: Morningstar sees a $970 billion gap
SpaceX is preparing for the kind of stock-market debut Wall Street rarely gets to see: a planned $75 billion raise, a June 12 Nasdaq listing, and a target valuation of $1.75 trillion. It is the sort o...
Russia's Sberbank offers AI model to Global South states keen to bridge digital divide
Russia is marketing "sovereign AI" to Global South countries concerned about privacy and content in Western AI models, a Sberbank executive told Reuters, as emerging states look to benefit from the ...
Baidu Sees AI, Chip Business Driving Healthy Revenue Growth
Baidu expects to list its chip unit in Hong Kong this year, and for artificial-intelligence income.to support healthy revenue growth over the next few quarters.
Russia's oil and gas revenue rises 32% y/y to $9.26 billion in May, data shows
Russia's oil and gas tax revenue, which accounts for around a fifth of total budget income, increased by 32.4% year-on-year in May to 678.9 billion roubles ($9.3 billion), Finance Ministry data show...
Deutsche Bank's response to JPMorgan in Germany in battle for retail clients: 'We never match'
Deutsche Bank's finance chief said on Wednesday the German lender would not match the "aggressive" promotional offers used by rivals to attract new customers, expressing confidence it can withstand ...
Zara Owner Shrugs Off Middle East Turmoil to Post Faster Sales Growth
Sales at the Spanish fashion retailer—which houses Zara, Massimo Dutti and Bershka—rose 11.5% compared with the prior year.
Microsoft Unveils New Quantum Chip. What It Means for the Stock.
The company said it hopes to develop a scalable quantum computer by 2029, slashing its previous timeline in half.
Focus: GLP-1 drugs may have a beneficial effect across many types of cancer
A growing body of evidence suggests that popular GLP-1 drugs, widely used for weight loss and diabetes, can provide protection against many types of cancer.
When IPOs go wrong: SpaceX, AI firms face a delicate process
Beware the ghosts of IPOs past.
High-profile Meta AI chatbot breach spotlights security risks of automation
An Instagram hack that saw attackers talk Meta's AI support chatbot into handing over access to high-profile accounts has exposed a critical flaw at the heart of the company's push to automate sensiti...
EU court backs regulators, hands Vivendi defeat in Lagardere antitrust case
Vivendi lost its fight against EU antitrust regulators on Wednesday as Europe's second-highest court agreed that they have the power to demand information related to the French publisher's 2023 Laga...
Marvell Stock Surges Again. This Could Be the Next Big Catalyst.
Marvell Technology stock was surging again Wednesday and its recent gains could mean inclusion in the S&P 500 index becomes inevitable.
Oil refining has been underinvested, Saudi Aramco says
The current oil supply crisis shows there is underinvestment in oil refining as demand holds resilient, Saudi state-owned Aramco's vice president of market analysis and sustainability, Musaab Al M...
Berkshire Hathaway and Japanese Builders See the Same Opportunity in U.S. Housing
Stocks look cheap, and there is a need for innovation in residential construction.
Apple agrees to submit India financials in long-pending antitrust case
Apple has agreed to submit the financials of its India business to the country's antitrust body as part of an investigation that found the U.S. firm abused its market position, taking the long-delaye...
SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says
Morningstar analysts believe SpaceX is "significantly overvalued" ahead of its blockbuster IPO. The analysts say xAI poses a "material threat of value destruction" to the company, with its "economic m...
The hottest stock market in the world has doubled this year. Now Goldman Sachs sees another 40% gain from here.
Earnings are the principal driver behind the breathtaking rallies achieved by Korean and Taiwanese benchmark indices in 2026, and Goldman Sachs thinks the market is still underestimating the longevity...
Billionaire moves into 10th place globally as Inditex sales jump
Amancio Ortega moved into 10th place on the Forbes real-time billionaires list after the retailer he co-founded, Inditex, reported accelerating sales in the current quarter.
SoftBank's Masayoshi Son Becomes Asia's Richest Person Amid AI Boom
SoftBank Group's Masayoshi Son has become the richest person in Asia amid the AI boom. Market euphoria has propelled shares of the Tokyo-listed investment giant to a record high, making it Japan's mos...
As the tech mega-IPO race hots up, has OpenAI missed its moment?
With rivals racing to market to raise ‘eye-popping sums', the spotlight is now on the AI sector's one-time ‘poster child'
GitHub Copilot users get a rude awakening as new AI pricing goes into effect
A number of GitHub Copilot users are unhappy with its new pricing structure. This week, the Microsoft-owned AI agent began charging on a token-usage-based pricing model.
GM developed its Hummer EV in 20 months. It wants that speed to be routine.
General Motors tells Business Insider it's trying to cut the time to develop a new model to two years. Automakers are trying to make cars faster amid tariffs, EV stumbles, and competition from China.
Palantir stock plunges 14%, but here's why analysts see 60% upside
Palantir has delivered the kind of quarter most software companies would envy, yet its stock is still struggling to win over every corner of Wall Street. Revenue jumped 85% in the first quarter, adjus...
B&M European Value Retail Shares Rise on Higher Revenue
Shares in B&M European Value Retail rose after the company said revenue increased, beating consensus for the fiscal year.
Novo Nordisk launches Wegovy in UAE
Novo Nordisk is launching its weight-loss drug Wegovy in the United Arab Emirates, it said in a statement on Wednesday.
Kone shareholders back $34 billion TKE takeover plan
Finnish elevator maker Kone said on Wednesday its shareholders have approved the company's planned $34 billion acquisition of German rival TK Elevator (TKE), which is set to create the worl...
Tesla's China-made EV sales jump nearly 40% in May as domestic market rebounds
Tesla delivered 85,982 new energy vehicle units from its Shanghai Gigafactory in May. 1.36 million passenger EVs were sold across China's domestic EV manufacturers in May, up 12% year-on-year.
Amazon launches Prime in South Africa for under $4 a month
E-commerce giant Amazon.com said on Wednesday it has launched its paid Prime service in South Africa, offering faster deliveries and media content for 59 South African rand ($3.61) a month or 399 ...
AI Turns Payment Choice Into a Real-Time Contest
Watch more: Winning the Next Transaction: How AI Helps Build Loyalty in Payments Loyalty used to be a relatively simple fight for spend primacy. Issuers wanted the card at the front of the wallet, the...
SpaceX targets $75bn IPO raise
SpaceX is reportedly planning a float share price of $135, eyeing around a $75bn IPO raise. However, Morningstar analysts believe the figure is hugely overpriced while Goldman Sachs CEO David Solomon ...
AkzoNobel Shares Plunge After Sherwin-Williams, Nippon Paint Drop $14.5 Billion Bid
AkzoNobel shares were down 19% after Nippon Paint and Sherwin-Williams ended their pursuit of the company.
What's next for Nvidia stock? Goldman Sachs points to major growth driver
Nvidia's latest Computex appearance gave Wall Street another reason to stay bullish on the world's most valuable chipmaker. Chief Executive Jensen Huang used the Taipei stage to push Nvidia (NASDAQ: N...
Alphabet's $80 billion stock sale leaves Wall Street in 'unprecedented territory,' says Goldman's Gutman
Goldman Sachs International co-chief executive conducted an exclusive interview with CNBC on Wednesday. He said "we are in unprecedented territory" after Alphabet announced $80 billion of stock sales ...
Novo Nordisk rolls out Wegovy pill in the UAE — its first market outside the U.S.
Novo Nordisk is launching weight loss pill Wegovy in the United Arab Emirates, the Danish drugmaker said Wednesday. It marks the pill's first launch outside the U.S. market.
Ford to recall nearly 420,000 US vehicles over seat-belt issue, NHTSA says
Ford Motor will recall 419,967 vehicles in the U.S. as seat belts that do not retract or extend properly can fail to restrain occupants as intended, increasing the risk of injury in a crash, the ...
India's fuel demand outlook hit by price hikes, slowing industrial activity
India is expected to see less growth in gasoline and diesel demand this year after a series of price hikes last month that reflect higher oil costs triggered by the Iran war, with early signs of str...
Volvo Car's Sales Fall 5.5% as Industry Headwinds Continue
Sales in China remain under pressure due to the highly competitive industry landscape and challenging macro environment, the company said.
Our Okta Stock Pick is Up 63%. Why We See More Upside Ahead.
The company is leveraging AI as a growth driver. Its stock should continue to rally.
EU court backs Meta fight against gatekeeper label for Marketplace, but not for Messenger
Europe's second-highest court on Wednesday backed Meta Platforms' fight against the labelling of its Marketplace platform as a gatekeeper under EU rules but rejected its challenge against the same d...
European stocks dip on Mideast tensions; Zara owner Inditex gains
European shares fell marginally on Wednesday as renewed hostilities in the Middle East sent oil prices higher and dampened expectations for an imminent peace deal, while Zara owner Inditex gained a...
'The data center is coming to your laptop,' says Perplexity CEO
Perplexity CEO Aravind Srinivas discusses hybrid AI, a new Microsoft partnership, and the push for more efficient, model‑agnostic computing.
U.K. Regulator to Let Publishers Keep Content Out of Google Search's AI Tool
The move aims to give publishers control over how their content is used by AI and put them in a stronger position to negotiate with Google.
Western Star Resources Engages KC Harvey Environmental and Initiates Drill-Permitting Process for the Rowland Tungsten Property
Vancouver, British Columbia – TheNewswire - 3rd June, 2026 - Western Star Resources Inc. (CSE: WSR) (OTC: WSRIF) (FRA: 4K2) (the “Company” or “Western Star”) is pleased to announce that it has engaged...
Novo Nordisk Launches Wegovy Weight-Loss Pill in UAE
The United Arab Emirates becomes the second country to offer the pill after the drugmaker launched it in the U.S. in early January.
Silver Crown Royalties Grows Portfolio Through Titiminas Royalty Acquisitions
TORONTO, ON, June 3, 2026 - TheNewswire – Silver Crown Royalties Inc. ( Cboe: SCRI, OTCQX: SLCRF, BF: QS0) ( “Silver Crown” , “SCRi” , the “Corporation” , or the “Company”) is excited to announce th...
Broadcom Stock Faces Earnings Test as AI Chip Revenue Surges
Broadcom reports earnings Wednesday after AI-related revenue more than doubled in the prior quarter, with investors focused on guidance and demand from hyperscale customers.
Germanium Mining Corp. Strategically Expands its 100% Owned Lac du Km 35 Germanium Property in Quebec
VANCOUVER, BRITISH COLUMBIA, JUNE 3 , 2026 – GERMANIUM MINING CORP. (“GERMANIUM MINING”, “GMC” OR THE “COMPANY”) (CSE: GMC; OTCQB: EMSKF; FSE: YW0) is pleased to announce that the 100% owned Lac du Km...
See opportunities in European defense & U.S. LNG : RGA Investments
Rick Gardner of of RGA Investments says higher defense spending commitments across Europe could support the region's defense stocks, which remain relatively cheaper than U.S. peers. He also sees upsid...
SpaceX IPO retail offering is worrying: Analyst
Rupert Mitchell, author of the Blind Squirrel Macro, says that SpaceX's decision to set aside a 30% retail tranche for the IPO is worrying, as it is a lot of stock to put into retail hands. He also ex...
UK media groups given power to opt out of Google AI search summaries
Watchdog says ‘publishers will now have effective tools to prevent content being used to power AI features in search'
Perplexity CEO tells CNBC one metric will determine who wins the AI race
Perplexity CEO tells CNBC one metric will determine who wins the AI race
Inditex Sales Accelerate Despite Tough Market Backdrop
Sales at the Spanish fashion retailer—which houses Zara, Massimo Dutti and Bershka— rose 11.5% compared with the prior-year period.
How to Hedge Against a Market Drop—and Get Paid for the Privilege
This is a momentum-based market, and such markets have a special risk. As the S&P 500 approaches 8000, consider this options strategy.
SpaceX Is Said to Plan IPO Terms as Early as Today
SpaceX is planning to set the terms of its initial public offering as early as Wednesday afternoon, according to people familiar with the matter. Separately, a report by Reuters said Elon Musk's rocke...
Zara owner Inditex reports strong start to summer trading
Zara owner Inditex reported a strong start to summer trading on Wednesday, with currency-adjusted sales growth of 11.5% in May, well above analysts' expectations, and said its sales grew 8.8% in c...
UK regulator enforces new competition requirements for Google search
Britain's competition regulator said on Wednesday it has imposed new conduct requirements on Google's search services, including allowing publishers to opt out of training the U.S. tech gia...