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Sweden Delivers Gripen Fighters to Ukraine as Saab Tests Combat Readiness, June 05
Sweden delivers 16 Gripen fighters to Ukraine for combat. Kyiv plans 36 total aircraft as Saab faces first real-world test amid Brazil defense deals.
Jet Fuel Prices Surge on Iran War, But Europe Avoids Shortage
Iran conflict raises jet fuel prices 80% in March, but EU and airlines confirm no supply shortage expected despite Middle East disruptions.
MSTR Stock Crashes 13% as Bitcoin Sale Breaks “Never Sell” Promise, June 05
MSTR stock falls 13% after Strategy Inc sells 32 Bitcoin for first time in years, breaking its “never sell” pledge.
Bank of Canada Holds Rate at 2.25%, Eyes 2027 Hike as Jobs Surge
Bank of Canada holds rate at 2.25% amid geopolitical uncertainty. Canadian employment surges 87,800 jobs in May.
Singapore Bans 9 Foreign Drivers After Queue-Cutting at Woodlands Checkpoint, June 05
ICA caught 30 motorists for traffic offences at Woodlands Checkpoint during Vesak Day. Nine foreign drivers received entry bans for queue-cutting.
META Stock Momentum Builds: Meta Platforms Inc Gains 0.74% to $627.57 as Roundview Capital LLC Raises Holdings
META stock gained 0.74% to close at $627.57, signaling renewed investor confidence in Meta Platforms Inc as institutional investors continue to increase their positions. The upward move comes at a time when technology stocks are regaining momentum, supported by strong earnings expectations and continued growth in artificial intelligence investments. The latest filing shows that Roundview…
Japan Backs Rapidus With $943M as 2nm Chip Push Accelerates, June 05
Japan invests $943M in Rapidus for 2-nanometer chip production by 2027, bringing total government backing to $1.8B for semiconductor sovereignty.
Lululemon Stock Target Cut by UBS as EPS Guidance Falls to $10.95–$11.15
Lululemon Stock is under strong pressure after a fresh wave of analyst revisions and weak forward guidance. UBS has cut its price target following a sharp downward revision in earnings expectations. The biggest concern for investors is simple. The company now expects full-year EPS between $10.95 and $11.15, down from earlier forecasts that were significantly…
Why Lululemon Stock Is Falling Today: Earnings Outlook Cut Hits LULU Shares at $124.92, Pre-Market $108.72 (-12.97%)
Lululemon stock is under heavy pressure after the company reduced its earnings outlook, triggering a sharp pre-market decline of nearly 13%. Shares, which last closed at $124.92, dropped to around $108.72 in pre-market trading, reflecting strong investor reaction to weaker forward guidance. The sell-off highlights growing concerns about slowing demand in the premium athletic apparel…