Check out the companies making headlines in premarket trading. Circle Internet Group — The stablecoin issuer priced its upsized, $1 billion initial public offering at $31 a share, above an expected range of $27-$28 and an initial range last week of $24 to $26, giving Circle a total market value of some $7 billion. Five Below — The budget retailer climbed 7% on strong first-quarter earnings and upbeat guidance for current-quarter revenue. Five Below earned 86 cents per share, excluding items, on $971 million in revenue in the latest quarter, higher than analysts’ estimate of 82 cents a share and…
Author: usaeverydaylife
Christine Lagarde, president of the European Central Bank (ECB), at the Hertie School in Berlin, Germany, on Monday, May 26, 2025.Krisztian Bocsi/Bloomberg via Getty ImagesThe European Central Bank on Thursday announced a 25-basis-point interest rate trim taking the deposit facility rate to 2%, down from a mid-2023 high of 4%.Ahead of the announcement, traders had been pricing in an almost 99% chance of the quarter-point cut according to LSEG data.”In particular, the decision to lower the deposit facility rate – the rate through which the Governing Council steers the monetary policy stance – is based on its updated assessment of…
U.S. Secretary of Defence Pete Hegseth attends the meeting of North Atlantic Council defence ministers during the NATO defence ministers’ meeting at the NATO headquarters on June 05, 2025 in Brussels, Belgium. Omar Havana | Getty Images News | Getty ImagesA higher defense spending target for NATO members is looking likely, as the alliance prepares for its big bang summit later in June.NATO defense ministers are meeting in Brussels on Thursday, ahead of a larger gathering on June 24-25, to discuss ramping up defense capabilities — everything from bolstering air and missile defenses to long-range weapons and ground force numbers.But…
Roblox has “structural advantages” that can drive the stock higher, according to Bank of America. The bank upped its price target on the online game platform to $103 per share from $86 and reiterated its buy rating. BofA’s forecast calls for roughly 13% upside from Wednesday’s close. “We expect to see talent and capital flow into the RBLX ecosystem faster than mobile app & console games for the foreseeable future,” analyst Omar Dessouky wrote in a Wednesday note. “The string of strong results and share price rally appears to have catalyzed interest among new long-term oriented growth investors.” RBLX YTD…
PUNTA GORDA – OCTOBER 10: In this aerial view, a person walks through flood waters that inundated a neighborhood after Hurricane Milton came ashore on October 10, 2024, in Punta Gorda, Florida. The storm made landfall as a Category 3 hurricane in the Siesta Key area of Florida, causing damage and flooding throughout Central Florida. (Photo by Joe Raedle/Getty Images)Joe Raedle | Getty Images News | Getty ImagesIt’s officially hurricane season, and early forecasts indicate it’s poised to be an active one.Now is the time to take a look at your homeowners insurance policy to ensure you have enough and…
People wait outside the Nintendo Store for the release of the Nintendo Switch 2 in New York City, U.S., June 4, 2025. Kylie Cooper | ReutersNintendo’s flagship Switch 2, the successor to one of its most popular consoles, went on sale on Thursday with excitement and hype from fans leading to special store opening hours and shortages in some markets.The Japanese gaming giant is hoping the console can help sustain a monster rally in its shares which have risen nearly five-fold since the original Switch was released in March 2017.Nintendo is also hoping the Switch 2 can match the success…
It’s the early hours of Monday, May 26th. An airstrike that Israel says is aimed at a militant control center has just hit a former school where dozens of families were sheltering. Eighteen children were killed in the attack, according to the local emergency services. And this scene of a girl trying to escape the flames is about to become a new symbol of the war’s toll on Gaza’s youngest. We interviewed witnesses and obtained unpublished video of the aftermath of the attack. And we found the girl. Her name is Hanin al-Wadie. The 5-year-old survived but lost both her…
Nvidia could have more room to run, according to Daiwa Capital Markets. The firm raised its price target on the chipmaker to $165 per share from $115 and reiterated its outperform rating. Daiwa’s forecast calls for about 16% upside from Wednesday’s close. Analyst Louis Miscioscia said in a Wednesday note that Nvidia is “back in the driver’s seat.” He lauded the company’s first-quarter results released last week . He also noted that the company has multiple growth drivers that underpin his optimistic view — including robust inference demand from Microsoft, OpenAI and Google, which could signal a growing appetite for…
Serena Williams of the US hits a return against Venus Williams of the US during the women’s singles final on day 13 of the Australian Open tennis tournament in Melbourne on January 28, 2017. Greg Wood | Afp | Getty ImagesBERLIN — It was an impressive enough sporting feat when Serena Williams won a record 23rd Grand Slam singles title at the 2017 Australian Open, beating her sister Venus in the final. Soon after came a revelation: she had been pregnant at the time.”I don’t know how I did that, honestly,” Williams said at an event Wednesday, selecting the moment…
HONG KONG, CHINA – 2024/06/07: Pedestrians walk past the American multinational investment bank, Citibank or Citi, branch in Hong Kong. Sebastian Ng | Lightrocket | Getty ImagesCitigroup said Thursday it plans to cut around 3,500 technology positions in China, in the latest move by a major U.S. bank aimed at streamlining global operations and reduce costs.The reduction of staff at the China Citi Solution Centers in Shanghai and Dalian is expected to be completed by the start of the fourth quarter this year, Citi said in a statement.The jobs affected are mostly in the information technology services unit, providing software technology…
