Shares soared more than 80% in premarket trading after a Reddit account linked to the meme-stock folk hero posted a screenshot showing the position plus a big options bet. https://www.wsj.com/articles/gamestop-jumps-after-keith-gill-account-posts-shot-of-116-million-position-40647452
https://www.wsj.com/articles/hannons-take-profits-will-help-guide-ecb-rate-moves-74313d1b
The U.S. military’s new cyber chief is contending with an unusual Chinese threat, one that is designed not to extract military secrets or data of any kind but to lurk in the infrastructure that undergirds civilian life. https://www.wsj.com/articles/china-is-prepositioning-for-future-cyberattacksand-thenew-nsa-chief-is-worried-5ede04ef
Shares in the struggling French IT firm Atos tumbled on Monday as the company said it would pick between two rescue deal options this week. https://www.cnbc.com/2024/06/03/atos-falls-16percent-as-embattled-french-it-firms-weighs-rescue-deals-set-to-result-in-massive-dilution.html
Advanced Micro Devices introduced its latest artificial intelligence chips and laid out plans to roll out new products every year in a bid to challenge Nvidia’s dominance in the AI boom. https://www.wsj.com/articles/amd-unveils-latest-ai-chips-accelerated-chip-update-timeline-d2130ee9
As Nigerian workers go on strike one man says he cannot survive on the new proposed minimum wage. https://ift.tt/7xcsV4j June 03, 2024 at 11:26AM
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Some legal analysts are sounding the alarm on former President Trump’s guilty verdict and have warned that the presumptive GOP nominee might have a chance of successfully appealing the Manhattan criminal case. CNN senior legal analyst Elie Honig has criticized the New York criminal case against Trump as an “unjustified mess” and argued prosecutors “contorted…
Sheinbaum will also be the first person from a Jewish background to lead the overwhelmingly Catholic country.
The House speaker must decide whether to schedule a vote on a measure that seeks to hold Attorney General Merrick Garland in contempt of Congress. https://www.wsj.com/articles/speaker-mike-johnson-merrick-garland-contempt-vote-239e89de