Yen to extend historic slump, while AI and energy ‘supply bust’ to support the U.S. dollar: Goldman
Goldman Sachs has turned more bearish on the Japanese yen, arguing that the currency is likely to weaken further even with an intervention.
Lockheed Martin to buy naval defense firm Ultra Maritime for $3.45 billion
Ultra is owned by private equity firm Advent International, and specialises in anti-submarine technology.
Oil little changed as Saudi cuts prices, OPEC+ boosts target
Oil prices were little changed on Monday after OPEC+ agreed to further increase its output targets from August.
Dollar edges up; keeps yen pinned near 40-year lows
The Japanese yen floundered around four-decade lows on Monday amid mounting intervention risks.
CNBC Daily Open: Red cards, record bets and market’s risk-on mood
Drama is not only on the pitch — it is showing up across prediction markets, oil and Wall Street’s risk appetite.
Dow jumps 150 points for first close above 53,000; Nasdaq rises as chips rebound: Live updates
Stocks maintained their positive momentum on Monday following a strong week on Wall Street.
UK budget airline easyJet ready to accept $7.3 billion takeover bid from Castlelake
The new offer at £6.90 a share represents a 73% premium to easyJet’s closing price on May 29.
U.S. loses to Belgium 4-1; Balogun plays after Trump calls FIFA
FIFA reversed Folarin Balogun’s suspension after Trump sought a review, letting the U.S. striker play Belgium over objections.
Macquarie says now is the ‘best time’ to buy Chinese AI chip stocks. This one’s its favorite
Macquarie began research coverage of five Chinese companies making chips for artificial intelligence applications.
