News

BioNTech soars 15% on cancer drug deal with Bristol Myers
June 02, 2025 10:23 PM AEST| By InvestingInvesting.com -- Shares in BioNTech (NASDAQ:BNTX) soared sharply Monday after Bristol-Myers Squibb Company (NYSE:BMY) agreed to pay $1.5 billion upfront to collaborate with the German biotech firm on

DraftKings stock drops on new Illinois betting tax
June 02, 2025 10:11 PM AEST| By InvestingInvesting.com -- Shares of DraftKings (NASDAQ:DKNG) fell 5%, while Flutter saw a 3.3% decline following the announcement of new legislation in Illinois that introduces additional fees for online sport

Morgan Stanley: Nvidia stands out as a unique investment case
June 02, 2025 10:09 PM AEST| By InvestingInvesting.com -- Morgan Stanley reiterated its Overweight rating on Nvidia (NASDAQ:NVDA), calling it a "unique opportunity" in the semiconductor space and maintaining it as the firm’s top pick despi

BofA lifts Boeing to Buy, sets a new Street high price target
June 02, 2025 09:57 PM AEST| By InvestingInvesting.com -- Bank of America upgraded Boeing (NYSE:BA) to Buy and raised its price target to $260 a share on Monday, now the highest target on Wall Street, as confidence builds in the aerospace co

BioNTech and Bristol Myers Squibb enter up to $11.1B cancer drug collaboration
June 02, 2025 09:39 PM AEST| By InvestingInvesting.com -- BioNTech SE (NASDAQ:BNTX) and Bristol Myers (NYSE:BMY) Squibb have announced their global collaboration for the co-development and co-commercialization of BioNTech’s experimental bi

RBC sees S&P 500 likely falling from current levels by year-end
June 02, 2025 09:35 PM AEST| By InvestingInvesting.com -- RBC Capital revealed in a note to clients on Monday that it has revised its year-end 2025 S&P 500 target to 5,730, up from 5,550, but warned that the index is still likely to decline

ASAP Semiconductor to Stock an Array of Aircraft Engine Parts from Leading Brands to Meet Rising Operational Needs
June 02, 2025 09:30 PM AEST| By EIN PresswireASAP Semiconductor With rising demand for aircraft engine parts from dependable brands, ASAP Semiconductor announces efforts to bolster its stock and website features. By focusing on high-demand engin...

Silk Road’s Ulbricht receives 300 BTC donation
June 02, 2025 09:15 PM AEST| By InvestingInvesting.com -- Ross Ulbricht, the founder of Silk Road, has received a donation of 300 Bitcoin (BTC) from an anonymous source. This donation, tracked by blockchain firm Lookonchain, was sent to Ulbr

Moderna gains as FDA nod for next-gen COVID-19 vaccine
June 02, 2025 08:47 PM AEST| By InvestingInvesting.com -- Moderna (NASDAQ:MRNA) saw its shares rose nearly 5% in premarket trading Monday after the U.S. Food and Drug Administration (FDA) has approved the drugmaker’s next-generation COVID-

Kalkine | ASX 200 dips amid tariff pressures and geopolitical tensions
June 02, 2025 08:16 PM AEST| By Team Kalkine MediaHighlights,ASX 200 fell during Monday trading impacted by US tariff changes on metals,Most major sectors ended lower, with mining and energy stocks under pressure,Merger news and US exposure drove strong gains for select industrial companies,The,ASX...

Kalkine | Director Share Movements in ASX 200 Stocks from Mining to Finance
June 02, 2025 08:01 PM AEST| By Team Kalkine MediaHighlights,Northern Star Resources director sold a significant number of shares after a recent acquisition,Nufarm executive acquired shares following a steep drop in the company’s share price,Directors at South32, Credit Corp Group, and ANZ Group mad...

Gen Q1/2025 Threat Report
June 02, 2025 08:00 PM AEST| By 3BLForeword With this issue of the Gen Threat Report, we are introducing a more streamlined format, making it easier to digest and focusing more on key highlights, trends and emerging threats rather...

Tesla sales in Norway soar 213% in May, driven by Model Y demand
June 02, 2025 07:45 PM AEST| By InvestingThis article first appeared in Investing.com

Chip stocks slide on Trump plan to expand China tech restrictions
June 02, 2025 07:43 PM AEST| By InvestingInvesting.com -- Chip stocks slid lower on Monday on reports that the Trump administration is preparing to tighten restrictions on China’s tech sector by expanding existing rules to include subsidia

Kalkine | ASX 200 Weekly Highs and Lows: Gold Miners, Banks and REITs Move the Index
June 02, 2025 07:08 PM AEST| By Team Kalkine MediaHighlights,Gold miners continued to advance despite easing commodity prices, reflecting momentum across materials,Strength across major and regional banks supported gains in the financials sector,Lower bond yields lifted several Charter Hall-linked R...

Kalkine - ASX 200 Merger: Brickworks and Soul Patts Reach New Highs on Corporate Restructure
June 02, 2025 07:04 PM AEST| By Team Kalkine MediaHighlights,Brickworks (ASX:BKW) and Soul Patts (ASX:SOL) announced a merger, with both stocks reaching new all-time highs.,The merger will create a streamlined corporate structure with Soul Patts shareholders owning the majority stake.,Additional inf...

Kalkine | Lithium Shares Extend Slide as Ore Weakness Pressures ASX 200
June 02, 2025 07:02 PM AEST| By Team Kalkine MediaHighlights,Key lithium producers continue to decline amid lower spodumene pricing,Long-term forecasts for lithium demand from EVs revised down by major banks,ASX 200 impacted as several lithium miners rank among worst performers,The lithium sector re...

Kalkine | ASX 200 Opens Steady as BKW and SOL Climb on Merger News
June 02, 2025 06:51 PM AEST| By Team Kalkine MediaHighlights,ASX 200 trades flat as gains in industrials and mining are offset by losses in consumer discretionary,Brickworks (ASX:BKW) and Soul Patts (ASX:SOL) rise following merger announcement,Clarity Pharmaceuticals (ASX:CU6) among weakest performe...

Wavestone : 2024/25 Results In Line With Updated Targets 2025/26 Objectives: Organic Growth And Profitability Improvement
June 02, 2025 06:20 PM AEST| By ActusNewsAt its meeting of June 2, 2025, Wavestone's Board approved the consolidated annual accounts for the 2024/25 fiscal year ended March 31, 2025, which are summarized below. Auditing of the accounts i...

Analysts assess the potential impact of Trump’s surprise 50% steel tariffs
June 02, 2025 06:19 PM AEST| By InvestingInvesting.com -- U.S. President Donald Trump unexpectedly announced on Friday that steel and aluminum tariffs will double to 50%.

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