Premarket Movers: Cleveland-Cliffs, Nucor, Moderna, and Tesla React to New Tariff Policies

Introduction In today’s premarket session, several stocks are experiencing notable movements due to recent policy announcements and market developments. President Trump’s decision to double tariffs on imported steel and aluminum has significantly impacted U.S. steel producers, while biotech and tech companies are responding to regulatory news and market conditions. Cleveland-Cliffs (NYSE: CLF) Cleveland-Cliffs’ stock surged…

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Iran’s supreme leader hits back at US proposal on nuclear programme

On June 4, 2025, Iran’s Supreme Leader Ayatollah Ali Khamenei publicly rejected a new U.S. proposal concerning Tehran’s nuclear program, labeling it a threat to Iran’s sovereignty and national interests. The proposal, mediated by Oman, suggested that Iran limit its uranium enrichment and surrender its enriched uranium stockpile. Khamenei criticized the proposal as undermining Iranian…

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Trump says ‘extremely hard’ to make a deal with China’s Xi as trade stalemate fuels calls for leaders to talk

U.S. President Donald Trump said Wednesday that its was “extremely hard” to make a deal with his Chinese counterpart Xi Jinping, at a time when the White House has been suggesting the two leaders could talk this week amid rising trade tensions. Scott Bessent, U.S. treasury secretary, said Thursday stateside that trade talks were “a bit stalled,” and…

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Bitcoin Traders Are Watching These Levels for Cues on Downside Risk

Bitcoin (BTC) is currently trading at approximately $105,430, reflecting a modest increase of 0.25% today. Despite this slight uptick, the cryptocurrency market is exhibiting signs of caution, with traders closely monitoring key support levels amid potential downside risks. 📉 Key Support Levels to Watch Analysts have identified several critical support zones that could influence Bitcoin’s…

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Fantasy Math: How the GOP’s Tax Bill Distorts the True Cost of U.S. Debt and What It Means for Your Wallet

📊 Introduction: The Illusion of “Fantasy Math” The recent passage of the GOP’s “One Big Beautiful Bill” has stirred significant debate. Critics argue that the bill employs “fantasy math” to downplay its true impact on the U.S. national debt. By using optimistic projections and excluding certain costs, the legislation presents a rosier picture than reality….

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Stocks making the biggest moves premarket: Dollar General, Constellation Energy, Pinterest, Hims & Hers Health and more

📈 Top Premarket Gainers 1. Dollar General (NYSE: DG) Shares of Dollar General surged over 10% in premarket trading after the company reported strong first-quarter earnings that surpassed Wall Street expectations. The discount retailer also raised its full-year 2025 guidance, signaling confidence in its growth trajectory. investing.com 2. Constellation Energy (NASDAQ: CEG) Constellation Energy’s stock…

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Deutsche Bank raises S&P 500 forecast: ‘We will get further relents’ by Trump on tariffs

Deutsche Bank has revised its year-end forecast for the S&P 500, raising the target from 6,150 to 6,550. This adjustment reflects increased optimism due to reduced concerns over tariff-related earnings impacts and sustained economic strength. Strategists, led by Binky Chadha, now estimate the negative impact from tariffs to be about one-third of previous estimates. The…

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Winklevoss-founded crypto exchange Gemini files draft statement to go public

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has confidentially filed a draft registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO). The filing, submitted on June 6, 2025, signals the company’s intent to go public, although specific details regarding the number of shares and…

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