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Xi Visits North Korea June 8-9, First Trip Since 2019
Xi Jinping visits North Korea June 8-9, his first trip since 2019, as China reinforces ties amid North Korea’s military cooperation with Russia.
TMC Minister Snehasis Chakraborty Quits as West Bengal Party Implodes, June 06
Former TMC transport minister Snehasis Chakraborty quits amid mass exodus of over 100 councillors as Trinamool Congress faces historic split.
Queensland Childcare Worker Jailed Four Years for Assaults, June 06
Queensland childcare worker sentenced to four years for assaulting toddlers at Injinoo Child Care Centre. CCTV evidence revealed physical abuse.
PayPay Stock Falls 10.6% on T&D Insurance Acquisition Deal, June 06
PayPay acquires 70.2% stake in T&D Financial Life Insurance, expanding into life insurance with SoftBank’s AI technology backing.
S&P/TSX Index Today: 35,217.06 Level (+1.19%) as Futures Edge Down 0.2% Ahead of Payrolls Report
The S&P/TSX Composite Index closed at 35,217.06, posting a strong gain of 1.19% as investors continued to show confidence in Canadian equities. The benchmark index benefited from strength in energy, financial, and mining stocks, helping the market reach fresh highs despite uncertainty surrounding upcoming economic data. However, market sentiment turned slightly cautious before the release…
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…
Evoke Shares Surge 12.5% as Bally’s Intralot Agrees £243.1m Takeover Deal at 52p Per Share
Evoke Shares surged 12.5% after the company announced that it had agreed to a £243.1 million takeover by Bally’s Intralot. The deal values Evoke at 52 pence per share and represents a significant premium compared to the stock’s recent trading levels. Investors reacted positively to the announcement, pushing the shares to their highest level since…