June 4, 2025 7:53 am
Key Moments: Australia’s quarterly GDP expanded by just 0.2% in Q1, less than the 0.4% economists had been expecting. The ASX 200 index closed at 8,541.8, just below its February peak. Commonwealth Bank of Australia surpassed A$300 billion market capitalization for the first time. Economic Slower Than Expected According to data from the Australian Bureau […]
Read moreJune 4, 2025 6:53 am
Key Moments: South Korea’s KOSPI surged over 2% to 2,767.87, reaching levels last seen in August 2024. Other Asian indices also achieved gains. A rumored phone call between Trump and Xi Jinping stayed in focus. New US steel and aluminum tariffs took effect, doubling to 50% Asian Equities Rise on Technology Strength and Political Optimism […]
Read moreJune 3, 2025 2:50 pm
Key Moments: Pony AI’s share price dropped by over 18% on Tuesday. Today’s price movements extended declines suffered during the previous session as rising fears around US-China trade relations continued to weigh on markets. Investors overlooked Pony AI’s recent robotaxi collaboration with Shenzhen Xihu. Market Reaction to Geopolitical Tensions Pony Ai’s stock started off the […]
Read moreJune 3, 2025 1:15 pm
Key Moments: Constellation Energy’s stock climbed 11.67% and hit $350 during pre-market trading on June 3rd. Shares surged following the announcement of a partnership with Meta that is set to last 20 years. A Calpine acquisition is expected to enhance operational scale and align with clean energy and AI infrastructure priorities. Meta Deal Powers Stock […]
Read moreJune 3, 2025 12:07 pm
Key Moments: Energy Fuels reported that its uranium mining output in the Pinyon Plain mine almost reached 260,000 pounds this May. Energy Fuels’ stock rose by almost 10% during pre-market trading following the announcement. The company is advancing permits for long-term projects in New Mexico and Arizona. Energy Fuels Shares Soar on Strong Production Results […]
Read moreJune 3, 2025 9:41 am
Key Moments: STOXX 600 dropped 0.34% to 546.05 on Tuesday. The index was dragged down by banking and mining shares. The OECD downgraded its global growth outlook, citing increased pressure from the US-China trade conflict. STOXX 600 Falls as Sentiment Sours European equities moved lower on Tuesday amid weakness in bank and mining stocks. The […]
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 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 […]
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