Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend — Neutral
VNOM GlobeNewsWire — June 03, 2025MIDLAND, Texas, June 03, 2025 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), and Sitio Royalties Corp. (NYSE:STR) (“Sitio”) today announced that they have entered into a definitive agreement under which Viper will acquire Sitio in an all-equity transaction valued at approximately $4.1 billion, including Sitio's net debt of approximately $1.1 billion as of March 31, 2025. The consideration will consist of 0.4855 shares of Class A common stock of a new holding company (“pro forma Viper”) for each share of Sitio Class A common stock, and 0.4855 units …

The tech giant will buy the power generation of an Illinois nuclear plant under a deal with Constellation Energy.

Vera Therapeutics Announces Refinancing of Existing Oxford Debt Facility, Providing up to $500 Million of Term Loans — Neutral
VERA GlobeNewsWire — June 03, 2025BRISBANE, Calif., June 03, 2025 (GLOBE NEWSWIRE) -- Vera Therapeutics, Inc. (“Vera”), a late clinical-stage biotechnology company focused on developing and commercializing transformative treatments for patients with serious immunological diseases, today announced that it has entered into a new credit facility providing for up to $500 million of term loans with its current partner Oxford Finance LLC (“Oxford”). The new credit facility will replace Vera's existing $50 million credit facility. The initial funding of the new credit facility will be in a principal amount of $75 million and is expected to occur on June 4, 2025.

xAI's $113bn valuation will test appetite for Musk's AI-social media gamble — Neutral
MS Proactive Investors — June 03, 2025Elon Musk's artificial intelligence startup, xAI, is now seeking a valuation of $113 billion in a secondary share sale, just three months after being valued at $80 billion following its merger with social media platform X. That near-30% increase in value, without any public details on revenue, commercial partnerships or a product roadmap, reveals strong appetite from early backers, but whether broader investors will share that enthusiasm is far from certain.

WeRide Teams Up with Renault to Bring Autonomous Shuttle to Roland-Garros Again — Neutral
WRD GlobeNewsWire — June 03, 2025PARIS, June 03, 2025 (GLOBE NEWSWIRE) -- WeRide, a global leader in autonomous driving technology, is partnering with Renault Group, a premium partner of Roland-Garros, for the second consecutive year, to provide a Level-4 autonomous minibus shuttle service during the 2025 Grand Slam tournament on the iconic clay courts. (Passengers waiting to board WeRide's Robobus at Roland-Garros) The return of the Robobus service to Roland-Garros — one of the world's most prestigious sporting events — highlights the successful ongoing partnership between WeRide and Renault.

B2Gold remains undervalued despite its recent rally, trading at a steep discount to peers on a P/NAV basis despite an imminent upgrade in its jurisdictional profile. Aside from a jurisdictional upgrade (Canada vs. Africa and the Philippines), Goose is a transformational asset, set to generate over $400 million in annual mine-site free cash flow. Further, recent reserve reductions at Goose may be ugly on the surface but are a temporary setback, and I expect a significantly improved LOMP in the coming years.

Denny's Q1 was rough: same-store sales and traffic declined, margins compressed, and free cash flow stayed negative, pressuring franchisee economics. Aggressive promotions like BOGO are boosting traffic, but risk further margin erosion and may not drive sustainable profitability for franchisees. My fair value estimate is $3.50–$4.50, well below Wall Street's optimistic targets, reflecting weak unit-level returns and ongoing operational headwinds.

UnitedHealth: Reputation, Complexity, And Regulatory Risks Worth 13x Earnings — Negative
UNH Seeking Alpha — June 03, 2025UnitedHealth is trading at its lowest valuation in over a decade, presenting a rare opportunity for long-term investors despite recent headwinds. The company's core strengths include a dominant market position, consistent dividend growth, and unmatched scale in US healthcare services. Key risks include a DOJ investigation into earnings practices and political/regulatory pressures, making the near-term outlook uncertain.

Paychex (NASDAQ:PAYX) is preparing to announce its earnings at the close of June. The consensus forecast anticipates earnings of approximately $1.20 per share, an increase from $1.12 in the same quarter last year, while revenues are projected to rise by about 6.5% year-over-year to $1.38 billion.

UK: TotalEnergies Acquires a Pipeline of Solar and Battery Projects — Neutral
TTE Business Wire — June 03, 2025PARIS--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the acquisition from Low Carbon, a leading renewable energy company, of a pipeline of 8 solar projects with a capacity of 350 MW and 2 battery storage projects with a capacity of 85 MW. As the solar projects are at an advanced stage of development, the target is that they could be operational by 2028. They will produce more than 350 GWh/year of renewable electricity, equivalent to the electricity consumption of aro.

National Energy Services Reunited Corp. Reports First Quarter Financial Results — Neutral
NESR Accesswire — June 03, 2025Revenue for the quarter ended March 31, 2025, is $303.1 million, growing 2.1% year-over-year Net income for the quarter ended March 31, 2025, is $10.4 million, growing 4.1% year-over-year Adjusted EBITDA (a non-GAAP measure)* for the quarter ended March 31, 2025, is $62.5 million, as compared to $64.2 million for the quarter ended March 31, 2024 Diluted Earnings per Share (EPS) for the quarter ended March 31, 2025, is $0.11, growing 10.0% year-over-year Operating cash flow for the three months ended March 31, 2025, is $20.5 million HOUSTON, TX / ACCESS Newswire / June 3, 2025 / National Energy Services …

Energy Fuels Achieves Another Record Month of U.S. Uranium Production — Neutral
UUUU PRNewsWire — June 03, 2025Ore grades and production at Pinyon Plain mine continue to exceed historic records and expectations; Energy Fuels' rapid uranium production ramp-up and large "pipeline" uranium development projects supported by recent Trump executive orders. DENVER , June 3, 2025 /PRNewswire/ - Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (REE), and other critical minerals, today announced several significant advancements in its uranium business, as the Company leads the U.S. in quickly revitalizing the domestic uranium industry in support of President Trump's recent Executive Orders expanding the U.S. nuclear fuel and nuclear energy …

Goliath Confirms Multiple Occurrences Of Visible Gold Over A 26 Meter Interval From Newly Identified RIRG Feeder Dyke On Surebet High-Grade Gold Discovery That Remains Wide Open, Golddigger Property, Golden Triangle, B.C. — Neutral
GOTRF MUX GlobeNewsWire — June 03, 2025Multiple occurrences of gold visible to the naked eye have been identified across a 26.47 meter interval of intermediate granitoid Reduced Intrusion Related Gold (RIRG) feeder dyke in hole GD-22-64 from 274.15 to 300.62 m. This is one of the many RIRG dykes believed to be directly related to the causative intrusion responsible for the extensive high-grade gold mineralization confirmed at Surebet.

Alto Neuroscience Announces Acquisition of Novel Dopamine Agonist Combination Product Candidate, Adding Late-Stage Readout in Treatment Resistant Depression Within Current Cash Runway — Neutral
ANRO Business Wire — June 03, 2025MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)---- $ANRO #PrecisionPsychiatry--Alto Neuroscience, Inc. (“Alto”) (NYSE: ANRO), a clinical-stage biopharmaceutical company focused on the development of novel precision medicines for neuropsychiatric disorders, today announced that it entered into an asset purchase agreement with Chase Therapeutics Corporation for a portfolio of potentially best-in-class dopamine agonist drug combinations, including ALTO-207, formerly known as CTC-501, for treatment resistant depression (TRD), generally.

Cango Inc. Announces May 2025 Production Update for Crypto Mining Business — Neutral
CANG PRNewsWire — June 03, 2025HONG KONG , June 3, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced its production update for crypto mining business in May 2025. Bitcoin Mining Update for May 2025 Metrics May 2025 1 Apr 2025 1 Number of Bitcoins produced 484.5 470.0 Average number of Bitcoins produced per day 15.63 15.67 Total number of Bitcoins held 2 3,429.3 2,944.8 Total number of Bitcoins sold 2 - - Deployed hashrate 2 32 EH/s 32 EH/s Average operating hashrate 3 29.86 EH/s 29.94 EH/s 1.

International Shoppers Were a Larger Share of U.S. Housing Demand During the First Quarter of 2025 — Neutral
NWS NWSA PRNewsWire — June 03, 2025Despite larger international housing shopper share in the U.S., demand from Canada – the leading source – has fallen AUSTIN, Texas , June 3, 2025 /PRNewswire/ -- International demand was a larger share of U.S. housing demand, as 1.9% of Realtor.com® online traffic came from international home shoppers in the first quarter of 2025 compared to 1.7% in the first quarter of 2024, according to a report from Realtor.com ® . This overall growth comes despite a decline in demand from Canada, the top source of international home shopping to the U.S., from 40.7% in the first quarter of 2024 …

Fabrinet to Present at Rosenblatt Securities 5th Annual Technology Summit — Neutral
FN GlobeNewsWire — June 03, 2025BANGKOK, June 03, 2025 (GLOBE NEWSWIRE) -- Fabrinet (NYSE: FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced that its management will present virtually at the Rosenblatt Securities 5th Annual Technology Summit.

Cogility Launches Cogynt Availability in AWS Marketplace — Neutral
AMZN GlobeNewsWire — June 03, 2025IRVINE, Calif., June 03, 2025 (GLOBE NEWSWIRE) -- Cogility, a leader in Expert AI-powered decision intelligence software for augmented decision support, today announced that Cogynt is now available in AWS Marketplace, a digital catalog that helps you find, buy, deploy, and manage software, data products, and professional services from thousands of vendors.

Eaton and Siemens Energy Join Forces to Provide Power and Technology to Accelerate the Delivery of New Data Center Capacity — Neutral
ETN Business Wire — June 03, 2025DUBLIN & BERLIN--(BUSINESS WIRE)--Intelligent power management company Eaton, and Siemens Energy, one of the world's leading energy technology companies, have announced a fast-track approach to building data centers with integrated onsite power. They will address urgent market needs by offering reliable grid-independent energy supplies and standardized modular systems to facilitate swift data center construction and deployment. The collaboration will enable simultaneous construction of data cen.

Tower Semiconductor to Present at IMS 2025 Highlighting Recent Innovations in RF Foundry Technology — Neutral
TSEM GlobeNewsWire — June 03, 2025Presenting a joint white paper with pSemi nominated for Best Industry Paper Award highlighting next-generation RF switch technology MIGDAL HAEMEK, Israel, June 3, 2025 – Tower Semiconductor (NASDAQ/TASE: TSEM), a leading foundry of high-value analog semiconductor solutions, today announced its participation in the upcoming International Microwave Symposium (IMS) 2025, taking place June 16–21 in San Francisco, California, highlighting its advanced RF & HPA technology platform and latest advancements in RF switch technology. As part of the event's technical program, Tower will present a jointly developed white paper with pSemi, titled “A Low-Loss, Wideband, 0–110 GHz SPDT Using PCM RF Switches …
