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XRP Holds Steady Near $1.34 Despite Mixed ETF Flows and Policy Uncertainty
XRP remains near $1.34, down 2% for the week, as US spot ETFs attract $35 million in inflows while broader crypto outflows and policy delays keep the token rangebound.
Nokia Shares Face Key Test After AI Rally Stalls
Nokia shares dropped 6.27% in Helsinki, ending a rally fueled by AI optimism. The stock is now 10.74% below its 52-week high, with investors eyeing the Bank of America conference.
Gold Steadies Amid Jobs Data Anticipation, Monthly Loss Persists
Gold rose Friday but ended May down over 1%. U.S. jobs data due June 5 will test the outlook as the Fed holds rates steady and physical demand remains weak.
Iren Faces Investor Scrutiny After Turin Power Outages
Iren shares slipped 1.25% last week after Turin blackouts highlighted grid upgrade needs. The utility spent €100M on local power lines and approved an 8% higher dividend.
Insurance Sector Diverges: Old Republic Slips, Mercury General Holds Steady
Old Republic International (ORI) saw its stock fall 9.4% after Q1 revenue missed estimates, while Mercury General (MCY) beat earnings but shares stayed flat. The P&C sector faces headwinds from climate losses and social inflation.
Realty Income Dips as Dividend Yield Attracts Amid Rate Uncertainty
Realty Income closed at $61.28, down from $62.02, as property stocks lagged. The REIT's 5.3% dividend yield remains attractive, but investors await the May jobs report and Fed rate clues.
Oklo Shares Cool After DOE Advances Plutonium Fuel Talks
Oklo shares eased to $66.88 Friday after the DOE selected the company for advanced plutonium fuel talks. The nuclear startup reported a quarterly net loss of $33.1 million.
Cameco Rebounds After Restarting Key Mines; Output Forecast Unchanged
Cameco shares rose 7.1% last week after resuming full production at McArthur River and Key Lake. The company left its 2026 output guidance unchanged, supporting investor confidence.
Philip Morris Shares Slide 6% in Short Week Amid Zyn, FDA, CEO Webcast Focus
Philip Morris shares dropped 6.14% in a holiday-shortened week, closing at $177.38, as the market awaits CEO Jacek Olczak's webcast and FDA policy changes on nicotine products.
3M Faces $1.4 Billion Australian PFAS Lawsuit Over Defense Site Contamination
Australia filed a lawsuit seeking over A$2 billion ($1.43 billion) from 3M over PFAS contamination at 28 defense sites. 3M shares fell 1.5% on the news but closed the week at $153.13, up 0.5%.