News Hub

Jun 3, 2026

Marcus Reed

Press Releases

Westwood Announces Monthly Income Distributions for Westwood Salient Enhanced Midstream Income ETF (MDST),Westwood Salient Enhanced Energy Income ETF (WEEI) and Westwood Enhanced Income Opportunity (YLDW)

Westwood Holdings Group (NYSE: WHG) disclosed monthly income distributions for three ETFs—Westwood Salient Enhanced Midstream Income ETF (MDST), Westwood Salient Enhanced Energy Income ETF (WEEI), and Westwood Enhanced Income Opportunity (YLDW). These actively managed funds provide monthly income through a combination of dividends and covered call …

WHG

Jun 3, 2026

Marcus Reed

Press Releases

Spyre Therapeutics Announces Completion of Enrollment in SKYWAY Basket Trial Evaluating SPY072 (anti-TL1A) in RA, PsA, and axSpA

Spyre Therapeutics has completed enrollment for all sub-studies in its SKYWAY basket trial evaluating SPY072, an anti-TL1A antibody, across rheumatoid arthritis (RA), psoriatic arthritis (PsA), and axial spondyloarthritis (axSpA). The company reaffirms expected clinical data readouts in Q3 2026 for RA and Q4 2026 for PsA and axSpA, supporting poten…

SYRE

Jun 3, 2026

Caleb Monroe

Press Releases

CytomX Announces Expansion of Strategic Research Collaboration with Regeneron in the Field of Conditional Bispecific Therapeutics for the Treatment of Cancer

CytomX Therapeutics has expanded its collaboration with Regeneron Pharmaceuticals to advance conditionally activated bispecific immunotherapies utilizing CytomX's PROBODY platform and Regeneron's Veloci-Bi technology. The expanded deal includes a $37 million target selection payment and potential milestones totaling approximately $4 billion as Rege…

CTMX

Jun 3, 2026

Nina Shah

Press Releases

Integer to Participate in Truist Securities 2026 MedTech Conference on June 16

Integer Holdings Corporation, a leading medical device contract development and manufacturing organization, announced its participation in the Truist Securities 2026 MedTech Conference on June 16, 2026. The company's executive leadership team will engage in a fireside chat, and the event will be webcast live for investors and stakeholders.

ITGR

Jun 3, 2026

Leila Farooq

Press Releases

Lexicon to Present Data at the American Diabetes Association (ADA) 2026 Scientific Sessions

Lexicon Pharmaceuticals announced presentations of clinical study data for sotagliflozin in Type 1 diabetes and pilavapadin in diabetic peripheral neuropathic pain at the 2026 ADA Scientific Sessions. Sotagliflozin, an oral SGLT1/2 inhibitor, shows continued potential ahead of a planned NDA resubmission in mid-2026. Pilavapadin, targeting neuropath…

LXRX

Jun 3, 2026

Leila Farooq

Press Releases

NewAmsterdam Pharma Announces Upcoming Presentations at the National Lipid Association (NLA) 2026 Scientific Sessions

NewAmsterdam Pharma announced multiple presentations at the National Lipid Association 2026 Scientific Sessions showcasing data on obicetrapib, their novel oral low-dose CETP inhibitor for hypercholesterolemia treatment. The presentations cover efficacy, safety, and potential cardiovascular benefits based on extensive Phase 2 and 3 clinical trials.…

NAMS

Jun 3, 2026

Priya Menon

Press Releases

WTW receives DFSA licence approval to operate investment business in Dubai International Financial Centre (DIFC)

WTW (NASDAQ: WTW), a global advisory and solutions firm, has received approval from the Dubai Financial Services Authority to operate as WTW Investments (DIFC) Limited in Dubai International Financial Centre. This licence enables WTW to offer regulated investment advisory services and fund solutions locally, marking a strategic expansion in the gro…

WTW

Jun 3, 2026

Hana Yamamoto

Currencies

Geneva Objects to U.S. Forced-Labour Findings, Braces for Higher Duties

The Swiss economy ministry dismissed conclusions from a U.S. probe into how countries handle imports made with forced labour, rejecting recommendations that Switzerland faces higher tariffs. The U.S. Trade Representative has proposed new duties of 10% or 12.5% on goods from 60 economies to address alleged failures to curb trade in forced-labour pro…

Jun 3, 2026

Nina Shah

Stock Markets

Morgan Stanley Panel Sees Room to Grow for India’s Data Center Sector

A Morgan Stanley-hosted panel featuring leaders from Mindspace REIT, CapitaLand India Trust and Invest India concluded that India’s data center industry has significant runway for expansion but faces infrastructure constraints. With current capacity at about 1.4GW - roughly 1W per person - India trails China and the United States on a per-capita ba…

Jun 3, 2026

Priya Menon

Stock Markets

Raymond James Sees Upside in Lumber Stocks as Supply Cuts Tighten Markets

Raymond James says lumber equities are trading near multi-cycle lows at about 0.5 price-to-book after 15 quarters of housing weakness, and its supply-demand model anticipates tightening fundamentals driven by reduced European and Canadian shipments. The firm highlights select producers and distributors as potential beneficiaries of a recovery and q…

Jun 3, 2026

Maya Rios

World

Prosecutors Find No Grounds to Overturn Contested Presidential Pardon in Italy

Italian prosecutors in Milan concluded an investigation into a presidential pardon granted to a former showgirl connected to late Prime Minister Silvio Berlusconi, finding no evidence to challenge the clemency. Authorities verified the legality of an adoption central to the pardon request and confirmed the adopted child's serious medical needs and …

Jun 3, 2026

Maya Rios

Trade Ideas

Trade Idea: Buy SBLK Ahead of Dividend Window — A Scenario to a 15% Yield

Star Bulk (SBLK) pays a $0.50 distribution with ex-date 06/12/2026 and sits at $27.39. On a baseline interpretation that $0.50 is a quarterly payment, annualized cash could be $2.00 per share (roughly 7.3% yield). More interestingly, one scenario — monetizing asset value roughly equivalent to the $470.5M 16-vessel package discussed in recent transa…

SBLK

Jun 3, 2026

Leila Farooq

Stock Markets

India Greenlights Rs100 Billion Oil-Market Support to Stabilize Jet Fuel; Goldman Sees Short-Term Relief for Carriers

India's Union Cabinet approved up to Rs100 billion in budgetary support to Oil Marketing Companies to stabilize aviation turbine fuel (ATF) prices for scheduled carriers on domestic and international routes. Goldman Sachs estimates the relief could cover between two and five months of fuel support depending on the price metric used, and notes the g…

Jun 3, 2026

Leila Farooq

Stock Markets

Morgan Stanley Lowers Panasonic Rating After AI-Fueled Rally Narrows Upside

Morgan Stanley reduced its recommendation on Panasonic Holdings to Equal-Weight from Overweight, saying the company's recent surge tied to AI infrastructure demand has diminished potential upside. The firm simultaneously lifted its price target to 3,900 yen from 3,000 yen and upgraded earnings forecasts while moving to a price-to-earnings valuation…

Jun 3, 2026

Caleb Monroe

Economy

EU Commission Warns Up to 1.3 Million Jobs Could Be Lost as Energy Costs Spike from Middle East Conflict

The European Commission says a surge in energy prices linked to the U.S.-Iran conflict could put as many as 1.3 million jobs at risk across several energy-intensive sectors this year. Labour Commissioner Roxana Minzatu singled out the automotive industry as the most exposed, and provided sector-level estimates for construction, metals, chemicals, t…

Jun 3, 2026

Nina Shah

Stock Markets

Morgan Stanley Raises ASML Price Target, Citing Stronger EUV Shipment Outlook

Morgan Stanley increased its price target on ASML Holding NV to €1,660 from €1,400 and maintained an overweight rating after interpreting comments from the company’s April annual general meeting as evidence of firmer near-term extreme ultraviolet (EUV) shipment capacity. The bank raised its unit shipment forecasts for 2027 and 2028, adjusted its va…

Jun 3, 2026

Jordan Park

Press Releases

VenHub Backs Culver City GoPass Program, Helping Deliver More Than 56,000 Student Transit Trips

VenHub Global, Inc. announced its support of the Culver City GoPass program, which has enabled over 56,000 free transit trips for K-12 students, benefiting nearly 600 active riders and saving families approximately $100,000 in transportation costs. The initiative aligns with VenHub's mission to connect communities by deploying autonomous Smart Stor…

VHUB

Jun 3, 2026

Caleb Monroe

Stock Markets

Marvell Shares Keep Climbing After Nvidia CEO Praises Company; Stifel Raises Price Target

Marvell Technology's stock extended a dramatic run, jumping another 13% in premarket trading after a 32.5% surge the previous session, following strong public praise from Nvidia's CEO and a price-target raise from Stifel that cites the company's positioning in AI infrastructure and data-center connectivity.

Jun 3, 2026

Ajmal Hussain

Economy

EU Faces Risk of Up to 1.3 Million Job Losses as Energy Costs Rise

The European Commission warns that a surge in energy prices tied to the U.S.-Iran conflict could put as many as 1.3 million jobs at risk across the EU this year, concentrated in energy-intensive manufacturing and related sectors. The automotive industry is expected to suffer most, while households on lower incomes will face higher transport fuel co…

Jun 3, 2026

Derek Hwang

Stock Markets

European Parliament to Make Qwant Default Search Engine on Edge and Firefox

The European Parliament will set Qwant as the default search engine on its Microsoft Edge and Mozilla Firefox browsers from June 4, 2026, a step officials describe as intended to curb reliance on non-EU digital tools and to promote European, privacy-focused services. The European Commission will later unveil additional measures targeting chips, clo…

Jun 3, 2026

Sofia Navarro

Economy

EU Seeks Excessive Deficit Procedure for Bulgaria as Budget Shortfall Forecasts Rise

The European Commission has proposed initiating an excessive deficit procedure against Bulgaria, saying the country’s budget gap is expected to top the EU limit of 3% of GDP in 2026. Sofia's government says it will act immediately to rein in spending while preparing to tap markets for additional funding.

Jun 3, 2026

Caleb Monroe

Economy

Germany Says U.S. Should Honor Current EU-US Trade Agreement as Washington Weighs Tariffs

Germany told reporters it expects the United States to uphold the standing EU-US trade agreement after U.S. officials proposed a 10% tariff on imports from the European Union and other economies. Berlin said its priority is seeing the existing accord implemented and expressed confidence that Washington will honor it. The proposed tariffs were justi…

Jun 3, 2026

Derek Hwang

Economy

Trump Says He Cursed at Netanyahu During Call to Press for Ceasefire

President Donald Trump acknowledged using expletives in a phone call with Israeli Prime Minister Benjamin Netanyahu as he urged an end to hostilities between Israel and Lebanon and sought to preserve negotiations with Iran. The call came after Tehran threatened to halt talks with the United States and to tighten maritime restrictions in the Strait …

Jun 3, 2026

Leila Farooq

Trade Ideas

Roku at 100M Homes: Underappreciated Ad Engine with Room to Run

Roku has cleared a key scale milestone - more than 100 million streaming households - and is turning that reach into accelerating platform revenue and free cash flow. The business mix is shifting from hardware to higher-margin ads and subscriptions; given improving profitability, robust FCF, and a still-conservative runway for ad monetization, I re…

ROKU

Jun 3, 2026

Nina Shah

Stock Markets

Redemptions at Cliffwater Send Shockwaves Through Alternative-asset Stocks

Shares of large alternative asset managers tumbled after Cliffwater's $31 billion non-traded business development company reported 17% redemption requests in its May 2-29 tender window, up from 14% in February. The fund kept its 5% redemption threshold and said it has liquidity to meet those thresholds for about 12 months. Analysts warn the sector'…