News Archive

June 3, 2026Connected

403 storiesLast updated: 3:01:30 AMPage 6 of 7

Stocks

StocksBullish

Carvana Eyes New Car Market Entry via Strategic Partnership with Slate Auto

Key Facts

•Carvana has been granted the option to invest in Slate Auto, an electric vehicle startup backed by Jeff Bezos.

Impact:

4/10

CVNA

4 months ago

Crypto

CryptoBullish

NEAR Intents Hits $20B Cumulative Transaction Volume Milestone

Key Facts

•NEAR Intents has surpassed the $20 billion mark in total transaction volume since its inception.

Impact:

4/10

NEAR

4 months ago

Commodities

CommoditiesBearishUpdated

Silver Prices Slip as Stronger Dollar and US-Iran Tensions Weigh on Metals

Key Facts

•Silver prices declined due to a stronger US Dollar and escalating geopolitical tensions between the US and Iran.

Impact:

4/10

4 months ago

Mergers & Acquisitions

Mergers & AcquisitionsNeutral

FG Merger II Corp Shareholders to Vote on BOXABL Merger June 9

Key Facts

•FG Merger II Corp scheduled a special meeting for June 9, 2026, for stockholders to vote on the proposed merger with BOXABL.

Impact:

4/10

FGMC

4 months ago

Central Banks

Central BanksNeutral

BoE Governor Bailey Emphasizes Policy Stability Amid Global Uncertainty

Key Facts

•Bank of England Governor Andrew Bailey delivered a speech at the Reykjavík Economic Conference 2026 regarding anchoring monetary policy.

Impact:

4/10

4 months ago

Geopolitics

GeopoliticsBearish

US Imposes New Forced Labor Tariffs Following Supreme Court Ruling

Key Facts

•The US announced new tariffs targeting concerns related to forced labor.
•The decision follows the US Supreme Court striking down many of Donald Trump's previous duties in February.

Impact:

4/10

4 months ago

June 3, 2026Connected

403 storiesLast updated: 3:01:30 AMPage 6 of 7

Stocks

StocksBullish

Carvana Eyes New Car Market Entry via Strategic Partnership with Slate Auto

Key Facts

•Carvana has been granted the option to invest in Slate Auto, an electric vehicle startup backed by Jeff Bezos.

Impact:

4/10

CVNA

4 months ago

Crypto

CryptoBullish

NEAR Intents Hits $20B Cumulative Transaction Volume Milestone

Key Facts

•NEAR Intents has surpassed the $20 billion mark in total transaction volume since its inception.

Impact:

4/10

NEAR

4 months ago

Commodities

CommoditiesBearishUpdated

Silver Prices Slip as Stronger Dollar and US-Iran Tensions Weigh on Metals

Key Facts

•Silver prices declined due to a stronger US Dollar and escalating geopolitical tensions between the US and Iran.

Impact:

4/10

4 months ago

Mergers & Acquisitions

Mergers & AcquisitionsNeutral

FG Merger II Corp Shareholders to Vote on BOXABL Merger June 9

Key Facts

•FG Merger II Corp scheduled a special meeting for June 9, 2026, for stockholders to vote on the proposed merger with BOXABL.

Impact:

4/10

FGMC

4 months ago

Central Banks

Central BanksNeutral

BoE Governor Bailey Emphasizes Policy Stability Amid Global Uncertainty

Key Facts

•Bank of England Governor Andrew Bailey delivered a speech at the Reykjavík Economic Conference 2026 regarding anchoring monetary policy.

Impact:

4/10

4 months ago

Geopolitics

GeopoliticsBearish

US Imposes New Forced Labor Tariffs Following Supreme Court Ruling

Key Facts

•The US announced new tariffs targeting concerns related to forced labor.
•The decision follows the US Supreme Court striking down many of Donald Trump's previous duties in February.

Impact:

4/10

4 months ago

StocksBullish

Zacks Highlights SoundHound AI’s Competitive Edge via Proprietary Models

Key Facts

•SoundHound AI is focusing on developing its own proprietary AI models, including the OASYS platform and Polaris speech model, to gain a competitive edge.

Impact:

4/10

SOUN

4 months ago

StocksBullish

ConocoPhillips Pivots to LNG Strategy for Geopolitical Resilience

Key Facts

•ConocoPhillips highlighted its LNG portfolio and resource base as key advantages during Bernstein’s 42nd Annual Strategic Decisions Conference.

Impact:

4/10

COP

4 months ago

StocksBullish

Medtronic Bolsters Cardiac Portfolio with Strategic Investments in Beluga Medical and CardioACC

Key Facts

•Medtronic announced strategic investments in Beluga Medical and CardioACC to develop intracardiac echocardiography (ICE) catheters.

Impact:

4/10

MDT

4 months ago

StocksBullish

Greif Hikes Quarterly Dividend by 10.7% on Strong Free Cash Flow

Key Facts

•Greif increased its quarterly dividend by 10.7% for shareholders.

Impact:

4/10

GEF

4 months ago

StocksBullish

Richtech Robotics Acquires $21.2M Las Vegas Facility to Fuel AI Expansion

Key Facts

•Richtech Robotics completed the acquisition of a warehouse facility in Las Vegas for approximately $21.2 million.

Impact:

4/10

4 months ago

StocksBullish

Birmingham Retail Investment Hits 10-Year High

Key Facts

•Birmingham retail investment volumes reached a 10-year high of £202 million in the rolling 12-month average to Q1.
•Merry Hill shopping center recorded 15 million visitors in 2025 with sales increasing 4.3% year-on-year.

Impact:

4/10

4 months ago

StocksBullishUpdated

Birmingham Retail Investment Surges to 10-Year High

Key Facts

•Birmingham's retail investment volumes reached a 10-year high, driven primarily by shopping centre sales.
•The 12-month average quarterly volume hit £202 million by the end of Q1, double the five-year annual average.

Impact:

4/10

4 months ago

StocksBullishUpdated

Ecolab Invests €100M in French Solar and Green Iron Projects

Key Facts

•Ecolab announced a EUR100 million investment in two French industrial projects: HoloSolis and GravitHy.

Impact:

4/10

ECL

4 months ago

StocksBullish

Novartis Cosentyx Shows Strong Remission Rates in PMR Clinical Trial

Key Facts

•Novartis Cosentyx clinical trial data showed sustained remission in twice as many patients compared to placebo for Polymyalgia Rheumatica.

Impact:

4/10

NVS

4 months ago

StocksBullish

Nordic American Tankers CEO Boosts Stake with 100,000 Share Purchase

Key Facts

•Herbjorn Hansson, Founder and CEO of NAT, purchased 100,000 additional shares at $5.26 per share.
•The CEO's total holdings in the company increased to 5,600,000 shares following the latest purchase.
•Vice-Chairman Alexander Hansson purchased 300,000 shares last week at $5.16 per share.

Impact:

4/10

NAT

4 months ago

StocksNeutral

Western Digital to Exchange $858.4M in Convertible Notes for Cash and Stock

Key Facts

•Western Digital entered private agreements to exchange $858.4 million of its 3.00% Convertible Senior Notes due 2028.

Impact:

4/10

WDC

4 months ago

StocksNeutral

RadNet Seeks $200 Million Incremental Loan to Fund Strategic Growth

Key Facts

•RadNet announced it is seeking to secure an incremental term loan of $200 million through an amendment to its existing credit agreement.

Impact:

4/10

RDNT

4 months ago

StocksBullish

C.H. Robinson Unveils Lean AI Breakthrough for Global Supply Chain Optimization

Key Facts

•C.H. Robinson Worldwide announced its Lean AI Engineer technology designed to operate and continuously improve global supply chain performance.

Impact:

4/10

CHRW

4 months ago

StocksBearish

Everspin Technologies Director Sells $8.52 Million in MRAM Stock

Key Facts

•A director at Everspin Technologies sold common stock totaling $8.52 million.

Impact:

4/10

MRAM

4 months ago

StocksBullish

CuriosityStream (CURI) Shares Climb as Analysts Revise Earnings Estimates Upward

Key Facts

•CuriosityStream (CURI) shares have started gaining with potential for continued upward movement in the near term.

Impact:

4/10

CURI

4 months ago

StocksBearish

FDA Issues Safety Alert for J&J's Abiomed Catheter Kits

Key Facts

•The FDA issued an early alert regarding higher-than-expected thrombus formation rates associated with specific catheter kits from Abiomed.

Impact:

4/10

JNJ

4 months ago

StocksBullish

Honeywell Aerospace CEO Forecasts Growth Ahead of Strategic Spin-Off

Key Facts

•Honeywell Aerospace CEO Jim Currier forecasts earnings growth as the division nears its separation from the parent conglomerate later this month.

Impact:

4/10

ALD.DE

4 months ago

StocksMixed

Metallic Minerals Upsizes Private Placement to C$10 Million

Key Facts

•Metallic Minerals increased its bought deal private placement from C$8 million to C$10 million due to strong investor demand.

Impact:

4/10

1208.HK

4 months ago

StocksBullish

Digi Power X Commits $35M to NVIDIA Vera Rubin Systems for AI Cloud Expansion

Key Facts

•Digi Power X announced a $35 million commitment to purchase NVIDIA's next-generation Vera Rubin platform.

Impact:

4/10

NVDA

4 months ago

StocksBullish

Taboola Set to Join Russell 3000 and 2000 Indices in 2026 Reconstitution

Key Facts

•Taboola announced its inclusion in the Russell 3000 and Russell 2000 Indices as part of the 2026 Russell Reconstitution.

Impact:

4/10

TBLA

4 months ago

StocksBearish

3D Systems and Jade Biosciences Announce Public Stock Offerings to Raise Capital

Key Facts

•3D Systems announced the commencement of a $40 million public offering of its common stock.
•Jade Biosciences intends to offer and sell shares of its common stock or pre-funded warrants in an underwritten public offering.

Impact:

4/10

DDD JBIO

4 months ago

StocksNeutral

XPO Reports Modest Tonnage Growth in North American LTL Segment for May

Key Facts

•LTL tonnage per day increased 0.5% in May 2026 compared with May 2025.
•The company saw a 3.3% increase in shipments per day and a 2.7% decrease in weight per shipment.

Impact:

4/10

XPO

4 months ago

StocksMixed

Analysts Split on Materials Sector as MLM and CRH Face Rating Updates

Key Facts

•J.P. Morgan maintained a Hold rating on Martin Marietta Materials with a $700.00 price target.
•J.P. Morgan maintained a Buy rating on CRH plc with a $140.00 price target.
•Oppenheimer initiated coverage on MLM with a Hold rating and a $574.39 price target.

Impact:

4/10

MLM CRH

4 months ago

StocksMixed

Intech Slashes Hershey Stake by 63% Despite Strong Q1 Earnings Beat

Key Facts

•Intech Investment Management LLC reduced its stake in Hershey Company by 63% in Q4.
•Hershey reported strong Q1 earnings of $2.35 per share with a 10.7% year-over-year revenue increase.

Impact:

4/10

HSY

4 months ago

StocksBearish

Savant Capital Trims Stakes in Devon Energy, Monster Beverage, and BorgWarner

Key Facts

•Savant Capital LLC reduced its stake in Devon Energy Corporation by 88.2% during the fourth quarter.
•Savant Capital trimmed its position in Monster Beverage by 58.5% despite the company's 22.6% year-over-year revenue growth.
•The firm sold 75% of its shares in BorgWarner Inc., while analysts maintained a Moderate Buy rating.

Impact:

4/10

DVN MNST BWA

4 months ago

StocksBearish

Jefferies Downgrades Leidos to Hold Citing Organic Growth Headwinds

Key Facts

•Jefferies downgraded Leidos Holdings from Buy to Hold and cut its price target to $140.

Impact:

4/10

LDOS

4 months ago

StocksBullish

AT&T Streamlines Fiber Plans and Launches Aggressive Bundling Discounts

Key Facts

•AT&T announced it is streamlining its fiber home internet plans into four speed tiers starting June 7, 2026.
•Customers bundling wireless and fiber services can save up to $420 annually.

Impact:

4/10

4 months ago

StocksBullish

Sequent Asset Management Doubles Stake in Energy Giant SLB

Key Facts

•Sequent Asset Management more than doubled its holdings in SLB by purchasing an additional 129,648 shares.

Impact:

4/10

SLB

4 months ago

StocksMixedUpdated

Mixed Performance for US Large-Caps as Selected Stocks Hit 52-Week Highs

Key Facts

•Cadence Design Systems stock hit a 52-week high of $416.69 despite underperforming the broader technology sector.
•McKesson Corporation is trading significantly below its 52-week high and underperforming the Dow Jones Industrials Average.
•PayPal stock is underperforming due to investor concerns over Q2 outlook despite beating Q1 revenue and EPS estimates.

Impact:

4/10

CDNS MCK PYPL ITW

4 months ago

StocksNeutral

ScottsMiracle-Gro Reaffirms FY2026 Guidance Ahead of Q3 Fiscal Close

Key Facts

•ScottsMiracle-Gro reaffirmed its full fiscal year 2026 financial guidance.
•The financial update was provided ahead of the company's fiscal third quarter close on June 27.

Impact:

4/10

SMG

4 months ago

StocksNeutral

Cocrystal Pharma Appoints James Sapirstein as New CEO

Key Facts

•Cocrystal Pharma appointed James Sapirstein as its new Chief Executive Officer, effective immediately.

Impact:

4/10

COCP

4 months ago

StocksBullish

Sky Quarry Launches Nevada Oil Drilling Initiative to Drive Vertical Integration

Key Facts

•Sky Quarry announced the launch of a crude oil drilling and production initiative in Nevada's Railroad Valley.

Impact:

4/10

SKYQ

4 months ago

StocksMixed

Major Investment Banks Revise Price Targets for Key US Large-Cap Stocks

Key Facts

•JPMorgan lowered General Mills (GIS) price target to $31 from $36, maintaining an Underweight rating.
•Jefferies raised Steel Dynamics (STLD) price target to $310 from $265, maintaining a Buy rating.
•Mizuho adjusted Medtronic (MDT) price target to $100 from $120 while keeping an Outperform rating.

Impact:

4/10

GIS STLD MDT FTV CF

4 months ago

StocksBullish

Zacks Names Micron and Teradyne Among Top Profitable Tech Picks for June

Key Facts

•Zacks selected Micron, Credo, and Teradyne as top investment picks for June based on high profitability ratios.

Impact:

4/10

MU TER

4 months ago

StocksBearish

Virco Reports $2.8M Q1 Loss as School Furniture Demand Softens

Key Facts

•Virco reported a net loss of $2.8 million for the first quarter ended April 30, 2026.
•Net sales declined by 9.1% to $30.7 million compared to $33.8 million in the prior year.
•The company attributed the loss to slowing demand and a return to typical market seasonality after clearing previous order backlogs.

Impact:

4/10

VIRC

4 months ago

StocksBearish

BSF Enterprise Shares Plunge 31% on £500,000 Discounted Fundraise

Key Facts

•BSF Enterprise shares fell 31% to 2.17p following the announcement of a new share placing.
•The company plans to raise £500,000 by issuing 25 million new shares at 2p each.

Impact:

4/10

BSFA

4 months ago

StocksBullish

Marble Wealth LLC Initiates New Stakes in AMD, Wells Fargo, and Energy Giants

Key Facts

•Marble Wealth LLC acquired new stakes in AMD, Linde, EOG Resources, Rockwell Automation, and Wells Fargo during the fourth quarter.
•The largest new investments were valued at $1.69 million in EOG and $1.675 million in Linde.
•Institutional ownership remains high across these firms, with EOG Resources seeing 89.91% institutional holding.

Impact:

4/10

AMD LIN EOG ROK WFC

4 months ago

StocksMixed

Institutional Shifts for Live Nation and M&T Bank Amid Portfolio Rebalancing

Key Facts

•Reinhart Partners LLC reduced its stake in Live Nation by 25.4%, selling 15,584 shares.
•Reinhart Partners also sold 22,688 shares of M&T Bank, retaining a position valued at $5.27 million.
•M&T Bank reported strong financial results and authorized a $5 billion share buyback.

Impact:

4/10

LYV MTB

4 months ago

StocksBullish

Delta Air Lines Named Best U.S. Airline for 2026, Securing Eighth Consecutive Win

Key Facts

•Delta Air Lines was named the top U.S. airline for 2026 by The Points Guy, marking its eighth consecutive win.

Impact:

4/10

0QZ4.L LUV

4 months ago

StocksBullish

Analysts Bullish on Taboola.com Amid AI Integration and Share Buybacks

Key Facts

•Analysts have revised profit estimates upward for Taboola.com due to increased confidence in its business model.

Impact:

4/10

TBLA

4 months ago

StocksBullish

JP Morgan Raises ASML Estimates on Increased EUV Tool Supply Capacity

Key Facts

•JP Morgan upgraded ASML's earnings estimates for 2027 and 2028 citing increased manufacturing flexibility.

Impact:

4/10

ASML

4 months ago

StocksBullish

Pentair Refinances $500M Loan to Boost Liquidity and Capital Structure

Key Facts

•Pentair refinanced a $500 million term loan and updated its credit facility to optimize its capital structure.

Impact:

4/10

XYL

4 months ago

CryptoBearishUpdated×5

XRP Pressure Mounts as Price Breaks $1.30 to Hit 15-Week Lows

Key Facts

•A 1,614% imbalance in margin positions triggered a mass liquidation of XRP long positions.

Impact:

4/10

XRP

4 months ago

CryptoNeutral

Russian Stablecoin A7A5 Hits $110B Volume Despite Western Sanctions

Key Facts

•The Russian ruble-backed stablecoin A7A5 processed over $110 billion in transactions.
•The growth of the A7A5 stablecoin occurs despite Western sanctions on the Russian financial system.

Impact:

4/10

4 months ago

CryptoBearish

Citi Forecasts Persistent Bitcoin Weakness Despite Clarifying MicroStrategy Sales

Key Facts

•Citi believes weak sentiment for Bitcoin will persist as key price drivers continue to deteriorate.
•The bank described MicroStrategy's Bitcoin sale as a routine tax-optimization measure rather than a shift in investment conviction.

Impact:

4/10

0A7O.L BTC

4 months ago

CryptoBearishUpdated×3

Bitcoin Mimics 2022 Bear Market Pattern as Key Support Levels Face Risk

Key Facts

•Traders warn that current Bitcoin price action is repeating the 2022 bear market pattern almost perfectly.
•There are growing concerns over the failure of a key BTC price support trend line, potentially leading to further downside.

Impact:

4/10

BTC ETH

4 months ago

CryptoMixedUpdated×3

Bitcoin Slumps to $65.8K as 'Extreme Fear' Sparks Concerns of $50K Floor

Key Facts

•The Crypto Fear & Greed Index hit two-month lows as Bitcoin fell below $67,000.
•Technical analysis suggests a potential price rebound to catch up with record highs seen in global equity markets.

Impact:

4/10

BTC

4 months ago

CryptoBullish

ONDO Surges 17% Defying Broader Crypto Market Sell-off

Key Facts

•ONDO price surged nearly 17%, emerging as one of the top-performing altcoins during a risk-off trading session.

Impact:

4/10

ONDO BTC

4 months ago

CryptoMixedUpdated×11

Bitmine Faces $9B Unrealized Loss as Ethereum Plunges Below $1,800

Key Facts

•Bitmine purchased 25,000 ETH as the asset approached oversold conditions near key support levels.

Impact:

4/10

ETH BTC

4 months ago

CryptoBullish

Mastercard Boosts XRP Ledger with New Global Settlement Capabilities for Stablecoins

Key Facts

•XRP Ledger and its RLUSD stablecoin are set to benefit from Mastercard's expanded global settlement capabilities.

Impact:

4/10

V ETH XRP SOL

4 months ago

CryptoNeutral

Citi Blames ETF Outflows for Bitcoin Slump, Not MicroStrategy Sales

Key Facts

•Citigroup analysts attributed the recent Bitcoin price decline to nearly $3.8 billion in spot ETF outflows.
•The bank emphasized that Strategy's sale of 32 BTC was a routine tax-optimization measure rather than a market driver.

Impact:

4/10

0A7O.L BTC

4 months ago

CommoditiesBullish

Australian LNG Strike Disrupts Ichthys Cargoes, Raising Supply Concerns

Key Facts

•Industrial action at the Ichthys LNG project in Australia has started to affect cargo loadings.
•The Pacific Breeze LNG carrier, bound for Taiwan, has been delayed due to the limited strike.
•Project operator Inpex failed to reach an agreement with trade unions over wages and working conditions.

Impact:

4/10

1605.T

4 months ago

CommoditiesBearish

Goldman Sachs CEO Warns Oil Supply Crunch Will Shift Consumer Behavior

Key Facts

•Goldman Sachs CEO David Solomon warned that tightening oil supply will alter consumer behavior in the second half of the year.
•Solomon suggested the Fed will likely keep interest rates unchanged due to inflation pressures driven by energy prices.

Impact:

4/10

4 months ago

Central BanksNeutral

RBI Denies Reports of $12 Billion Gold Reserve Sale

Key Facts

•The Reserve Bank of India (RBI) denied a Bloomberg report claiming it sold $12 billion worth of gold reserves.
•The Indian central bank stated its physical stocks of the precious metal remain unchanged at 880.52 tonnes.

Impact:

4/10

4 months ago