June 3, 2025 10:36 am
Key Moments: The eurozone’s inflation dropped to 1.9% in May, falling below the ECB’s 2% target. According to market participant expectations, the ECB will reduce rates by 25 basis points this week. The EUR/USD pair fell by 0.33% to 1.1401 on Tuesday. Inflation Retreats Below Target Just Before ECB Decision The eurozone’s inflation rate declined […]
Read moreJune 3, 2025 8:08 am
Key Moments: The FTSE 100 opened with gains on Tuesday before retreating. At the time of writing, the index is down 0.15%. UK Trade Secretary scheduled meetings to finalize the country’s partial tariff exemption agreement with the US. British American Tobacco has forecasted stronger-than-expected full-year revenue performance, but its shares tumbled. FTSE 100 Falls as […]
Read moreJune 2, 2025 2:51 pm
Key Moments: Applied Digital signed two 15-year lease agreements with CoreWeave to deliver 250 MW of IT capacity. Estimates point to the contracts generating a revenue of around $7 billion. The company’s stock jumped after Monday’s opening bell, with the price surging 43.05% to $9.77. Notable AI Win for Applied Digital Infrastructure provider Applied Digital […]
Read moreJune 2, 2025 11:37 am
Key Moments: United Airlines and JetBlue have forged a loyalty program alliance. JetBlue CEO Joanna Geraghty said the collaboration is not a step toward a merger. United Airlines’ pre-market stock price dropped by 1.45% to $78.29 on Monday. JetBlue shares also declined in value. JetBlue and United Enter Loyalty Deal, Merger Not on the Horizon […]
Read moreJune 2, 2025 9:30 am
Key Moments: XRP suffered another price drop on Monday by falling 1.12% to $2.156. Ripple conducted transfers of 130 million XRP, sparking market apprehension. Lawyer Bill Morgan emphasized that according to a ruling by Judge Torres, XRP is not a security. Ripple Moves 130 Million XRP, Coin Falls Over 1% XRP continued its decline on […]
Read moreMay 30, 2025 2:48 pm
Key Moments: GATX Corporation agreed to acquire about 105,000 railcars for $4.4 billion from Wells Fargo. The company will start with a 30% stake, with rights to increase its ownership to 100%. GATX’s stock rallied on Friday, climbing 10.06% to hit $161.21. Strategic Expansion Through Joint Venture New York-based GATX Corporation has announced a definitive […]
Read moreMay 30, 2025 12:56 pm
Key Moments: WTI futures rose 1.12% on Friday, while Brent contracts hit $64. Ongoing OPEC+ production increases and trade uncertainty continue to pressure market outlook, and Brent crude’s forecast for 2025 now stands at $66.98 per barrel. WTI is expected to trade $1.73 lower than previous estimates and hit $63.35 per barrel. Global crude oil […]
Read moreMay 30, 2025 9:43 am
Key Moments: Japanese equities recorded a historic $11.8 billion in outflows during the week ending May 28th. The Nikkei 225 index dropped 1.22% on Friday. Markets across Asia suffered declines, with the Hang Seng sliding by 1.2%, the KOSPI shedding almost 23 basis points, and the SSE Composite slipping 0.47%. Record-Level Equity Outflows in Japan […]
Read moreMay 30, 2025 8:39 am
Key Moments: XRP’s price fell by 2.95% to $2.17805 on Friday. Open interest declined by 4%. Large-scale investor sell-offs of $600 million contributed significantly to the price drop. Market Turbulence Hits XRP The price of XRP experienced a sharp decline on Friday as it sank almost 3% and fell from the $2.20 threshold. An earlier […]
Read moreMay 29, 2025 1:16 pm
Key Moments: Best Buy reduced its FY 2026 comparable sales guidance, while the adjusted EPS forecast was cut to $6.15-$6.30. The company’s share price sank by around 3% during pre-market hours. Q1 same-store sales fell 0.7%, worse than the 0.6% decline analysts were expecting. Sales Outlook Lowered Amid Tariff Pressures Best Buy revised its full-year […]
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