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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…
RBA Governor Bullock Warns on Rates, Dismisses Recession Risk June 05
RBA Governor Michele Bullock expects modest growth despite Middle East conflict inflation pressures and rising oil prices.
Wall St Futures Mixed as Dow Rises 61 Points While Nasdaq 100 Drops 1.0% Ahead of Payrolls
Wall Street futures traded mixed on Friday as investors stayed cautious ahead of the crucial U.S. jobs data. The overall tone on Wall St was defensive, with investors balancing strong recent gains against rising uncertainty over interest rates. Dow Jones futures rose about 61 points, showing mild strength in industrial and value stocks. At the…
Gold Prices Head for Weekly Loss as Spot Gold Falls 0.2% to $4,465 Ahead of U.S. Payrolls
Gold prices moved lower on June 5, 2026, as investors waited for the latest U.S. nonfarm payrolls report for clues on future Federal Reserve interest rate decisions. Spot gold slipped 0.2%, extending weekly losses after a strong rally earlier this year. Rising Treasury yields and cautious market sentiment also pressured bullion prices. Traders across global…
Japan Unveils Cash Benefit Plan for Low-Income Workers, June 05
Japan’s government plans cash benefits for low-income workers earning under 5.4 million yen, launching 2028 with food tax cuts starting 2027.
Visa and Mastercard Halt Cuba Operations June 6 on US Sanctions
Visa and Mastercard suspended in Cuba from June 6 due to US sanctions on military-linked payment processor affecting tourists.
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…
Grey Ledge Advisors LLC Reduces Stake in Apple Inc (AAPL Inc) $AAPL Trading at 311.23 USD, +0.31% Today
Apple Inc. remains one of the most widely held stocks on Wall Street, with institutional investors closely monitoring their positions throughout 2026. Recent regulatory filings show that Grey Ledge Advisors LLC reduced its stake in Apple, even as AAPL shares traded at $311.23 on June 5, 2026, gaining 0.31% during the session. The move has…