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Vendor failures drive more than half of all wedding insurance claims in 2025 — Travelers

Travelers' data reveals that vendor failures accounted for 55% of all paid wedding insurance claims in 2025, marking the fifth consecutive year this has been the leading cause. This surge aligns with rising business bankruptcies, affecting typically small wedding vendors, while the average wedding cost in the US reached $34,200. Despite the financial risks, only about 30% of couples purchase wedding insurance, highlighting a significant market opportunity for brokers and agents.

Source: Insurance Business
June 02, 2026 | 04:09:30
Category: General

Schrodinger Inc stock (US80655G1067): shares extend late-May rebound on Nasdaq

Schrodinger Inc. (SDGR) shares have continued their late-May rebound on Nasdaq, trading around the mid-teens. The stock saw a 7.3% intraday rise on May 29, 2026, and gained approximately 14.3% over the week and 29.3% over the month ending May 29, 2026. This performance has reignited investor interest in the company's computational drug discovery software and biotechnology business, particularly after its latest quarterly results for the period ended March 31, 2026, were released on May 8, 2026.

Source: Ad Hoc News
June 02, 2026 | 04:09:30
Category: General

SK Telecom (SKM) Hits 4-Year High — Nvidia May Hold the Answer

SK Telecom Ltd. (SKM) reached a four-year high after being identified as a key partner for Nvidia Corp. in developing a semiconductor company's digital twin using Nvidia's "Omniverse" platform. SK Telecom successfully created a digital twin of SK Hynix’s semiconductor factory and plans to expand this technology across various manufacturing industries. The stock surged nearly 19% in intraday trading, closing at $44.43.

Source: Insider Monkey
June 02, 2026 | 04:10:46
Category: General

Charles River Laboratories to Present at William Blair and Jefferies Conferences 2026

Charles River Laboratories International, Inc. announced its participation in two upcoming investor conferences: the William Blair 46th Annual Growth Stock Conference on June 2nd, and the Jefferies Global Healthcare Conference on June 3rd. Management will discuss the company's strategic focus, business developments, and recent trends. Webcasts of both presentations will be available on the Investor Relations section of the company's website.

Source: BioSpace
June 02, 2026 | 04:14:18
Category: General

Qualcomm (QCOM) Loses 8.8% on Nvidia Competition Fears

Qualcomm (QCOM) shares dropped 8.8% following Nvidia's announcement of its new RTX Spark superchip, which will compete in the devices market, including personal computers. This decline is attributed to investor profit-taking after QCOM hit a record high last Friday, combined with concerns about Nvidia's entry into a market dominated by Qualcomm's Snapdragon processors. Qualcomm is also set to pay a dividend of $0.92 to shareholders on June 25.

Source: Yahoo Finance
June 02, 2026 | 04:24:09
Category: General

Jim Cramer Discusses Wells Fargo (WFC)

Jim Cramer has discussed Wells Fargo (WFC) multiple times, praising its CEO Charlie Scharf and the lifting of Federal Reserve restrictions. However, Cramer stated that other banks are currently performing better than WFC. Despite this, Wells Fargo's shares are up 3.7% over the past year but down 18.6% year-to-date, with analysts maintaining a "Hold" or "Buy" rating and setting price targets between $86.5 and $98.

Source: Insider Monkey
June 02, 2026 | 04:25:40
Category: General

Qualcomm (QCOM) Loses 8.8% on Nvidia Competition Fears

Qualcomm (QCOM) experienced an 8.78% stock decline amidst new competition fears from Nvidia, which unveiled its RTX Spark superchip co-developed with Microsoft for the devices market. This new chip poses a direct threat to Qualcomm's Snapdragon processors, impacting its dominant position in PCs and other devices. The stock's fall also includes profit-taking after reaching an all-time high, with Qualcomm scheduled to pay a $0.92 dividend on June 25.

Source: Insider Monkey
June 02, 2026 | 04:26:19
Category: General

Applied Materials (AMAT) Can’t Keep Up With Demand, Says Jim Cramer

Jim Cramer highlighted that Applied Materials (AMAT) is struggling to meet the immense demand for semiconductor manufacturing equipment, particularly memory machines, essential for the AI era. Argus raised its price target for AMAT to $500 from $420, maintaining a Buy rating and citing strong AI chip demand for the company's long-term outlook. Impax US Sustainable Economy Fund also discussed AMAT, noting its strong performance driven by a February earnings beat and positioning as a key beneficiary of accelerating AI infrastructure investments.

Source: Insider Monkey
June 02, 2026 | 04:36:01
Category: General

Rocket Lab director Alexander Slusky sells $8.96m in shares

Rocket Lab director Alexander R. Slusky sold 60,000 shares of common stock for approximately $8.96 million on May 28, 2026. The sales occurred as Rocket Lab shares traded near their 52-week high, following a 357% gain over the past year. Slusky still indirectly and directly holds a significant number of shares, while InvestingPro analysis suggests the stock is currently overvalued with high volatility.

Source: Investing.com
June 02, 2026 | 04:39:18
Category: General

Which stocks are moving after the closing bell on Monday?

This article lists the top gainers and losers in the US markets during Monday's after-hours trading session. It provides specific percentage changes and comments for each mentioned stock, highlighting significant movements for companies like CYPRESS ENVIRONMENTAL PARTNERS (CELP), SENTAGE HOLDINGS INC (SNTG), and OCEANPAL INC (OP) among gainers, and THREDUP INC (TDUP), DIGITAL BRANDS GROUP INC (DBGI), and ENSERVCO CORP (ENSV) among losers.

Source: ChartMill
June 02, 2026 | 04:39:29
Category: General

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