Business

Activist Toms Capital presses insurance firm Voya to explore sale

Monday, June 1 by SRN News

June 1 (Reuters) - Activist hedge fund Toms Capital Investment Management on Monday urged Voya Financial to explore strategic options, including a potential sale, arguing the insurance and investment management company continues to trade at a discount to peers. Toms Capital, one of Voya's... Read More.

Wall St opens near record highs as AI optimism counters US-Iran war worries

Monday, June 1 by SRN News

June 1 (Reuters) - Wall Street's main indexes opened near record highs on Monday as investors weighed Nvidia's latest artificial intelligence push against growing doubts over a deal to end the three-month-old U.S.-Iran war. The Dow Jones Industrial Average rose 128.6 points, or 0.25%, at... Read More.

US manufacturing activity scales four-year high in May, ISM says

Monday, June 1 by SRN News

WASHINGTON, June 1 (Reuters) - U.S. manufacturing activity increased more than expected in May, hitting the highest level in four years, likely driven by businesses front-loading orders amid rising prices and shortages because of the war with Iran. The Institute for Supply Management said... Read More.

Supreme Court seeks Trump administration views on Robinhood IPO dispute

Monday, June 1 by SRN News

By Andrew Chung June 1 (Reuters) - The U.S. Supreme Court asked President Donald Trump's administration on Monday to weigh in on whether it should hear a bid by Robinhood Markets to shut down a lawsuit accusing the online brokerage of misleading investors about its... Read More.

BYD snaps longest streak of sales declines

Monday, June 1 by SRN News

BEIJING, June 1 (Reuters) - Chinese electric vehicle giant BYD snapped its longest streak of declining sales in May, despite weakening domestic demand and intensifying competition continuing to weigh on performance. Vehicle sales globally grew 0.3% from a year earlier to 383,453 units last... Read More.

Exclusive-EU cloud rules to curb Amazon, Google access to strategic tenders, draft document shows

Monday, June 1 by SRN News

By Foo Yun Chee and Toby Sterling BRUSSELS/AMSTERDAM, June 1 (Reuters) - Europe plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon, Microsoft and Google from such projects, according to documents seen by Reuters. The proposal is... Read More.

JetBlue flags higher fuel costs, benefits from Spirit shutdown

Monday, June 1 by SRN News

June 1 (Reuters) - U.S. carrier JetBlue raised its second-quarter fuel costs forecast on Monday as the global aviation industry grapples with rising jet fuel prices amid disruptions from the closure of the Strait of Hormuz. The airline now expects fuel to cost $4.26... Read More.

Crypto exchange Binance rolls out trading in US stocks, ETFs

Monday, June 1 by SRN News

June 1 (Reuters) - Crypto exchange Binance said on Monday it has launched stock and exchange-traded fund trading for customers on its platform, expanding beyond digital assets into traditional financial markets. Here are some details of the announcement: • Binance said users will have access... Read More.

Morning Bid: AI and 1984

Monday, June 1 by SRN News

By Mike Dolan June 1 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets A new month, but the same market obsessions. Iran and AI continue to compete for investors' attention, with the latter winning out for now,... Read More.

AM WALL STREET BUSINESS MON 6-01-2026

Monday, June 1 by SRN News

AM WALL STREET BUSINESS MON 6-01-2026 Brought to you by www.srnnews.com

Current Weather

Activist Toms Capital presses insurance firm Voya to explore sale

Wall St opens near record highs as AI optimism counters US-Iran war worries

US manufacturing activity scales four-year high in May, ISM says

Supreme Court seeks Trump administration views on Robinhood IPO dispute

BYD snaps longest streak of sales declines

JetBlue flags higher fuel costs, benefits from Spirit shutdown

Crypto exchange Binance rolls out trading in US stocks, ETFs

Morning Bid: AI and 1984

AM WALL STREET BUSINESS MON 6-01-2026

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