API data shows a sharper-than-expected decline in crude inventories, extending an eight-week drawdown of 44 million barrels. US crude oil inventories fell by 9.119 million barrels in the week ended June 5, exceeding analysts’ forecast of a 3.4 million-barrel draw. The decl
Crude oil draw exceeds expectations A private inventory survey showed a significant decline in crude oil stocks. The draw was much greater than expected, with a decrease of 3.4 million barrels anticipated. The S&P 500 and Nasdaq experienced volatility, with
Meta faces potential 10% global revenue fines if it fails to comply with EU antitrust order on WhatsApp access. The European Commission mandated Meta to restore third-party AI chatbots’ access to WhatsApp’s business messaging tools, reversing a ban imposed last October. Th
The convenience store chain reported $4.37 EPS and $4.57B revenue, exceeding analyst expectations by $1.06 and $230M respectively. Casey's General Stores posted fourth-quarter GAAP earnings per share of $4.37, surpassing estimates by $1.06. Revenue reached $4.57 billion, a
Shattuck Labs initiates a public offering of common stock or pre-funded warrants to certain investors, without disclosing the offering size. Shattuck Labs Inc (STTK) has launched a public offering of its common stock. Certain investors may receive pre-funded warrants to pu
The real estate giant’s subsidiary issued unsecured notes targeting non-U.S. investors with a 3.65% coupon rate. Simon Property Group’s subsidiary, Simon Global Development B.V., priced a €500 million unsecured notes offering due 2031 at a 3.65% coupon rate. The notes are
REX TSLA Growth & Income ETF increases its weekly distribution by 6.43% to $0.1970, reflecting a 56.96% annual distribution rate. REX TSLA Growth & Income ETF (TSII) announced a weekly distribution of $0.1970, a 6.43% increase from the prior week’s $0.1851 payout. The move
Major U.S. indices swung sharply Tuesday, with tech-heavy Nasdaq leading losses while the Dow closed marginally positive. U.S. stocks experienced sharp intraday volatility Tuesday, with the Nasdaq Composite falling as much as 3.5% before trimming losses. The tech-heavy ind
A 47-year-old facilitated a fraud involving nearly $100 million in investor funds converted to Bitcoin and Ethereum. A Seattle-area man was sentenced to five years in prison for laundering nearly $100 million tied to a fraudulent investment scheme. Geoffrey K. Auyeung plea
The currency pair gains 0.11% to trade at 0.7991, nearing a key resistance level after a bullish technical pattern forms. The USD/CHF pair climbed 0.11% to 0.7991, approaching the 0.8000 mark as risk aversion supported the US dollar. The move follows confirmation of an inv
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