June 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 3, 2025 7:07 am
Key Moments: Stock futures declined by over 0.3% on Tuesday following the previous session’s strong close. The Trump administration has reportedly requested countries submit top trade proposals by June 4th. Financial reports by Dollar General and other major companies are set to affect market sentiment. Futures Dip After Positive Start to the Month US equity […]
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 2:18 pm
Key Moments: Lyra Therapeutics shares surged around 600% after the company reported that Phase 3 of its LYR-210 trial had been successful. ENLIGHTEN 2 trial met its primary goal, showing significant symptom improvement at 24 weeks. Management plans to pursue a New Drug Application for LYR-210 in patients without nasal polyps. Breakthrough Results in ENLIGHTEN […]
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 10:14 am
Key Moments: Registrations of Tesla vehicles in Portugal dropped 68% in May year-over-year to 292 units. Overall EV sales in Portugal increased approximately 24% in the same period. The company’s performance also lagged behind in Sweden, where purchases of Tesla vehicles slumped by 53.7% compared to 2024. Tesla’s stock price slid 2.1% to $339.18 in […]
Read moreJune 2, 2025 8:32 am
Key Moments: Monday saw procure.ch and UBS disclose that the Swiss Purchasing Managers’ Index (PMI) had dropped to 42.1 in May, its lowest since December 2023. European stocks slid by over 0.5% shortly after markets opened on June 2nd. China and the US exchanged accusations over trade agreement violations, and Trump announced an additional 25% […]
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 2:16 pm
Key Moments: President Trump accused China of breaching its trade pact with the US on Friday. Trade talks between the US and China have reportedly stalled, according to Treasury Secretary Scott Bessent. US markets opened with losses, as the S&P 500 dropped 0.4% to 5,889.09, while the Dow shed over 100 basis points during early […]
Read moreMay 30, 2025 10:40 am
Key Moments: JPMorgan lifted ULTA Beauty’s price target from $477 to $525. ULTA reported a Q1 EPS of $6.70 and revenue of $2.85 billion, both exceeding expectations. The company’s shares rose by over 7% to $454 during pre-market hours. JPMorgan Sees Upside in ULTA’s Fundamentals Friday saw Christopher Horvers, Senior Analyst at JPMorgan, raise his […]
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