HONG 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.

image for news Cango Inc. Announces May 2025 Production Update for Crypto Mining Business

CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the recapitalization and growth of Sweetmore Bakeries (“Sweetmore”) by Shore Capital Partners. Headquartered in Park Ridge, IL, Sweetmore manufactures a diverse array of baked goods through its family of bakeries, offering products that accommodate specific customer needs in frozen dough and batter, fully baked thaw-and-serve, and shelf-stable f.

image for news Monroe Capital Supports Shore Capital Partners' Recapitalization of Sweetmore Bakeries

Genesis Energy, L.P. to Participate in Investor Conferences — Neutral

GEL   Business Wire — June 03, 2025

HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will host investor meetings at the following conferences: 2025 RBC Capital Markets Global Energy, Power & Infrastructure Conference in New York City on June 4, 2025 2025 BofA Securities Energy and Power Credit Conference in New York City on June 5, 2025 The Partnership's latest presentation materials are available and may be downloaded by visiting the Partnership's website at www.genesisenergy.com under “Pres.

image for news Genesis Energy, L.P. to Participate in Investor Conferences

NW Natural Holdings Closes Acquisition of Texas Natural Gas Utility — Neutral

NWN   Business Wire — June 03, 2025

PORTLAND, Ore.--(BUSINESS WIRE)--SiEnergy Operating, LLC (SiEnergy), a wholly owned subsidiary of Northwest Natural Holding Company (NYSE: NWN) (NW Natural Holdings), has completed the acquisition of 100% of the capital stock of Hughes Gas Resources, Inc. (Hughes) from EPCOR USA Inc. for $60 million. Hughes serves approximately 6,900 connections in 12 communities northeast of Houston and is expected to have a rate base of approximately $46 million at the end of 2025. With a similar business mod.

image for news NW Natural Holdings Closes Acquisition of Texas Natural Gas Utility

Fabrinet to Present at Rosenblatt Securities 5th Annual Technology Summit — Neutral

FN   GlobeNewsWire — June 03, 2025

BANGKOK, 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.

image for news Fabrinet to Present at Rosenblatt Securities 5th Annual Technology Summit

Markets today face pressure ahead of key U.S. data on job openings and factory orders, with Fed speakers and CrowdStrike earnings in focus.

image for news The Day Ahead: Markets Eye Today's JOLTS, Factory Orders, and CrowdStrike Earnings

Tariff uncertainty and US expansion Taiwan Semiconductor Manufacturing Co (ADR) (NYSE:TSM), the world's largest contract chipmaker and a critical link in the global semiconductor supply chain, continues to face a mix of regulatory and geopolitical challenges. At its latest shareholder meeting, the company confirmed that US trade tariffs were having an indirect impact on operations, particularly as it proceeds with a $165 billion investment in new manufacturing capacity in the United States.

image for news Explained: TSMC treads carefully amid tariffs, currency pressure and geopolitical risk. But AI demand offers clear upside

Microsoft (NASDAQ: MSFT) has been performing solidly as of late, with shares up 5.92% in the last month alone and currently valued at around $460.

image for news Microsoft to pay dividends on June 12; Here's how much 100 MSFT shares will earn

Tesla 's Model 3 and Model Y vehicles entered the list of 124 electric vehicle and hybrid models in a Chinese government-backed campaign to promote sales in rural areas, the industry ministry statement on Tuesday.

image for news Tesla's Model 3, Model Y make list of China's campaign to boost rural EV sales

Upcoming Earnings To Move Micron Technology Stock? — Positive

MU   Forbes — June 03, 2025

Memory and storage solutions leader Micron Technology (NASDAQ:MU) is scheduled to announce its earnings at the end of June. It is anticipated that revenues will increase by approximately 30% year-over-year to $8.83 billion, while earnings are expected to reach $1.59 per share, compared to $0.62 in the same period last year.

image for news Upcoming Earnings To Move Micron Technology Stock?

Lithia & Driveway (LAD) Rises to Number 124 on 2025 Fortune 500 — Neutral

LAD   PRNewsWire — June 03, 2025

MEDFORD, Ore. , June 3, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) has announced that the company now ranks #124 on the 2025 Fortune 500 list, rising 16 positions from its 2024 ranking of No.

image for news Lithia & Driveway (LAD) Rises to Number 124 on 2025 Fortune 500

SAN DIEGO , June 3, 2025 /PRNewswire/ -- Robbins LLP informs stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired Fortrea Holdings, Inc. (NASDAQ: FTRE) securities between July 3, 2023 and February 28, 2025. Fortrea is a global contract research organization ("CRO") that provides biopharmaceutical product and medical device development solutions to pharmaceutical, biotechnology, and medical device customers.

image for news FTRE Stockholder Alert: Robbins LLP Informs Investors of the Fortrea Holdings, Inc. Class Action Lawsuit

Trinity Capital: The 14% Yield Looks Sustainable — Positive

TRIN   Seeking Alpha — June 03, 2025

Trinity Capital offers a 14% dividend yield, supported by strong net investment income growth and a consistently covered dividend, making it attractive for passive income. The BDC's portfolio quality is solid, with a low non-accrual ratio (0.9%) and steady loan origination, distinguishing it from peers facing credit issues. Valuation is reasonable with a 12% NAV premium and a Price-to-NII ratio below peers, justifying a 'Buy' rating, despite not being the absolute best in payout metrics.

image for news Trinity Capital: The 14% Yield Looks Sustainable

Royal Caribbean Cruises: Best In Class — Positive

RCL   Seeking Alpha — June 03, 2025

Royal Caribbean Cruises remains best-in-class in cruising, with strong fundamentals, robust growth, and a justified premium valuation, despite sector risks. Recent earnings have beat expectations, with 2025 bookings and EPS guidance raised, highlighting resilient consumer demand. While ROIC-WACC and high debt remain concerns, positive free cash flow, high ROE, and historical outperformance support a bullish long-term outlook.

image for news Royal Caribbean Cruises: Best In Class

MILAN--(BUSINESS WIRE)--Accenture has agreed to acquire the Integrated Product Support (IPS) business of SIPAL in Italy.

image for news Accenture to Strengthen Its Engineering Capabilities for the Aerospace and Defense Industry with Acquisition of SIPAL's Integrated Product Support Business in Italy

STOXX and ICE collaborate on New Suite of Fixed Income Indices — Neutral

ICE   Business Wire — June 03, 2025

NEW YORK & ATLANTA--(BUSINESS WIRE)--STOXX Ltd., part of the ISS STOXX group of companies and leading provider of benchmark and custom index solutions to global institutional investors, today announced its collaboration with Intercontinental Exchange (NYSE: ICE), a leading global provider of technology and data, to support a suite of fixed income climate indices launched on June 2. ICE will provide pricing, reference data, and index calculation services for the new indices. The indices will com.

image for news STOXX and ICE collaborate on New Suite of Fixed Income Indices

The three major benchmarks struggled in the first months of the year as investors worried about the economic situation ahead. President Donald Trump set out a plan to impose tariffs on imports, a move analysts and economists said could weigh on growth.

image for news 3 Artificial Intelligence (AI) Stocks to Buy If You're Bullish on a 2025 Rebound

Hims & Hers: Still Huge Potential Ahead — Neutral

HIMS   Seeking Alpha — June 03, 2025

Hims & Hers Health, Inc is a telehealth platform offering tailored health and wellness services, showing significant stock volatility recently. HIMS experienced a dramatic rise from $24.11 to $68.75 in February but has since settled at $49.47. Financials reveal a 111% YoY revenue increase to $586 million and a 77.5% rise in net income to $49.5 million.

image for news Hims & Hers: Still Huge Potential Ahead

Why ENPH Stock Has Crashed 70%? — Negative

ENPH   Forbes — June 03, 2025

Enphase Energy (NASDAQ: ENPH), a prominent provider of residential solar energy solutions, has experienced a significant decline in its stock, falling nearly 40% this year and over 70% from its 52-week peak of around $140. What factors are contributing to this substantial drop?

image for news Why ENPH Stock Has Crashed 70%?

SHENZHEN, China, June 03, 2025 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced that its flagship platforms, EngageLab and GPTBots.ai, have both successfully achieved SOC 2 Type II certification. This milestone underscores Aurora Mobile's unwavering commitment to the highest international standards of data security, privacy, and operational excellence.

image for news Aurora Mobile's Subsidiaries EngageLab and GPTBots.ai Achieve SOC 2 Type II Certification, Setting a New Benchmark for Global Data Security