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Asian markets wobble as Trump-Xi talks offset by Musk row
A blazing row between Elon Musk and Donald Trump overshadowed ‘very positive’ talks between the US president and his Chinese counterpart (Kevin Dietsch) Asian markets stuttered Friday as optimism from “very positive” talks between presidents Donald Trump and Xi Jinping was wiped out by the stunning public row between the US leader and Elon Musk.…
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Broadcom (AVGO) on Track for Fourth Straight Record Close Ahead of Earnings
Broadcom (AVGO, Financials) shares are on track for a fourth consecutive record closing high ahead of the company’s quarterly earnings report Thursday evening. Over the past seven trading sessions, the stock climbed steadily, reaching an intraday peak of $265.43 on Wednesday before settling at approximately $261. By midmorning Thursday, shares traded near $263, reflecting a…
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Harvard Wins Reprieve From Trump’s Foreign Student Ban
(Bloomberg) — Harvard University won a temporary reprieve from President Donald Trump’s ban on its international students entering the US, a legal setback for the administration in its high-profile fight with the school. Most Read from Bloomberg US District Judge Allison Burroughs ruled Thursday that the government can’t enforce Trump’s proclamation that escalates his feud…
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Five Below, Inc. (FIVE) Gets $155 Target Boost from Jefferies
Jefferies analysts have maintained a Buy rating on Five Below, Inc. (NASDAQ:FIVE), while raising the target price to $155 from $138, signaling an upside of nearly 28% from the current levels. This revision came right after the company announced its solid first-quarter results, driven by a high-potential real estate market with very few in the…
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SpaceX will not decommission Dragon, Musk says
(Reuters) -Billionaire Elon Musk said on Thursday that his rocket company SpaceX will not decommission its Dragon spacecraft just hours after stating that the company would begin decommissioning amid his escalating feud with U.S. President Donald Trump. (Reporting by Gursimran Kaur in Bengaluru; Editing by Alan Barona)
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Raymond James Lifts Ciena Corporation (CIEN)’s Price Target To $83, Maintains Outperform Rating
On Thursday, analysts at Raymond James raised Ciena Corporation (NYSE:CIEN)’s price target to $83 from $79, while maintaining an Outperform rating for the stock. The revised price target represents a 14% upside potential from its current trading value. Raymond James Lifts Ciena Corporation (CIEN)’s Price Target To $83, Maintains Outperform Rating A team of telecom…
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Amazon to invest over $5 billion in new AWS region in Taiwan
(Reuters) -Amazon announced the launch of the Amazon Web Services (AWS) Asia Pacific (Taipei) Region on Thursday, along with plans to invest more than $5 billion to support the construction, connection, operation, and maintenance of its data centers in Taiwan. (Reporting by Rishabh Jaiswal in Bengaluru; Editing by Alan Barona)
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Amazon cuts more jobs, this time in books division
By Greg Bensinger SAN FRANCISCO (Reuters) -Amazon has cut jobs in its books division, including at its Goodreads review site and Kindle units, the company said on Thursday. The Seattle-based retailer said that fewer than 100 workers were impacted and the move was meant to improve efficiency and streamline operations. “As part of our ongoing…
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JETRO and CIC to Showcase Promising Japanese Biotech Startups at “Japan Innovation Night” during BIO International Convention 2025 in Boston
Discover Japan’s most promising Biotech startups at Japan Innovation Night 2025 BOSTON, June 06, 2025–(BUSINESS WIRE)–The Japan External Trade Organization (JETRO) and CIC Japan Desk will once again host “Japan Innovation Night: Best in Biotech” – a groundbreaking event showcasing the latest advancements in biotechnology from Japanese startups. This exclusive gathering will take place on…
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From Local to Landmark: Scientologists Dedicate the Historical Site of the First Dianetics Foundation
ELIZABETH, N.J., June 5, 2025 /PRNewswire/ — The location where Dianetics author and Scientology Founder L. Ron Hubbard established the first Foundation 75 years ago reopens to the world, restored and dedicated as a historical Landmark Site. A jubilant day comes alive for Scientologists, the city of Elizabeth and the state of New Jersey as 42 Aberdeen…
