BNP Paribas cites ECB findings of a threefold increase in German bund convenience yield, bolstering the euro’s safe-asset appeal. The euro is strengthening as a global safe-haven asset, driven by rising demand for Eurozone bonds and improved financing conditions. BNP Parib
The cannabis company will repurchase up to 8.50M shares, or 5% of outstanding stock, over the next 12 months. Trulieve Cannabis (TCNNF) has authorized a share repurchase program allowing the company to buy back up to $50M in stock or 8.50M subordinate voting shares over th
Annual headline inflation fell to 3.94% in May, undershooting expectations and supporting Banxico’s steady rate stance. Mexico’s annual headline inflation slowed to 3.94% in May, down from 4.45% in April and below the 4.03% consensus forecast. The monthly increase was 0.21
Bridgewater’s Q1 filings show heavy exposure to AI-linked stocks despite founder Ray Dalio’s warning of overvaluation in the sector. Billionaire investor Ray Dalio warned of an emerging AI bubble, citing typical signs of overvaluation in transformative technologies. Dalio
Germany’s plant-based food market rose 3.1% to €1.71bn, while UK and Netherlands sales declined in value and volume last year. Germany’s plant-based food sales climbed 3.1% to €1.71bn in 2025, driven by a 6.2% volume increase, making it Europe’s largest market for such pro
There were contrasting fortunes in the plant-based food category across its major markets in Europe last year, with sales up in countries including Germany but down in the UK and the Netherlands. Sales in four of Europe's largest markets for plant-based food - Germany, Ita
CEO Aravind Srinivas reaffirms 2028 IPO target, citing business strategy amid Anthropic and OpenAI listing plans. Perplexity AI will proceed with its 2028 IPO timeline regardless of competitor actions, CEO Aravind Srinivas said. The company maintains the target as a strate
Cycurion, Inc. (NASDAQ:CYCU) on Tuesday disclosed the closure of the acquisition of Secuvant on June 2, 2026. The deal is valued at around $2.875 million, comprising $875,000 in cash and 888,888 preferred shares worth about $2.0 million Secuvant shareholders may als
The USD Is lower to kickstart the North American session today. The EURUSD (up 0.34%) and the GBPUSD (+0.49%) are leading the way The USDJPY is down modestly at -0.02%. The markets are reacting to modestly lower yields, lower oil and higher stocks as the formula for
Recent repricing of Federal Reserve rate expectations supports the USD, offsetting declines from eased Middle East tensions and lower oil prices. The US Dollar Index stalled near 100.00 as geopolitical risks in the Middle East eased and oil prices retreated toward USD90. H
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