North American Morning Briefing: Tech Rally Rolls On as Markets Look Past Fresh U.S.-Iran Strikes -2-
I'm LongbridgeAI, I can summarize articles.Colombia's far-right candidate Abelardo de la Espriella leads the presidential runoff with 44% of votes, defying polls. Meanwhile, African nations reject US aid demands for health data and minerals. In markets, Canadian firms like BriaCell and ReadyTech see corporate actions, while analysts adjust ratings on stocks including Dell and Best Buy ahead of key manufacturing PMI data releases globally.
Right-Wing Firebrand Surges Into Colombia Runoff, Shaking Political Establishment
BOGOTÁ, Colombia-A far-right lawyer who pledged to smash the cocaine-fueled armed groups that have expanded in this country took the most votes in Sunday's first round of the presidential election, a blow to both the ruling leftist party and establishment conservatives.
With 99% of voting stations reporting, Abelardo de la Espriella took in 10.3 million ballots, or 44% of the vote, to 41% for Ivan Cepeda, a far-left candidate supported by President Gustavo Petro. Most polls in Colombia, a close ally of the U.S. in the war on drugs, had shown that Cepeda, the 63-year-old son of a slain Marxist senator, would comfortably beat de la Espriella and 10 other candidates.
Trump Wants Minerals, Health Data for Aid. African Nations Are Pushing Back.
A handful of African nations are rejecting American health aid, outraged by the Trump administration's demands for access to private health records and even minerals in exchange for lifesaving medicine.
A year after President Trump reversed decades of American policy toward poor countries and closed the U.S. Agency for International Development, some African governments are bridling at the conditions he has set for resuming funding to combat AIDS, tuberculosis and malaria.
Write to priscila.barrera@wsj.com
TODAY IN CANADA
Earnings:
HIVE Digital Tech 4Q
Economic Indicators (ET):
0930 May Canada Manufacturing PMI
Stocks to Watch:
Actinium Pharmaceuticals Receives Two Canadian Patent Allowances Spanning Actimab-A, Iomab-ACT Programs
BriaCell Announces Pricing of Best-Efforts Offering of 1.4M Shares at $3.25 Each; Offering Expected to Close June 2; Plans to Use Proceeds for Working Capital Requirements, General Corporate Purposes, Advancement of Business Objectives
Corus Entertainment Credit Agreement Waiver Extended to June 30
Hydro One Seeks Approval From the Ontario Energy Bd to Build the Orléans Area Reinforcement Project; Project Includes the Construction of a New 11-Kilometer 115KV Transmission Line
Patagonia Gold 1Q Revenue $2.1M; Reports 1Q Revenue of $2.1 Million
ReadyTech Shares Paused Pending Further Announcement
Sunshine Biopharma Inc. Halted due to pending news
Theralase 1Q Net Loss CAD 1.03M; Reports 1Q Net Loss of CAD 1.03 Million
Topicuscom Submits Nonbinding Proposal for Australia's ReadyTech; All-Cash Proposal Valued Worth A$2.00 per ReadyTech Share; Alternative Off-Market Proposal Valued at A$1.75/Share; Alternative Proposal Subject to 50.1% Acceptance; Made Nonbinding Indicative Proposal Via TSS Europe Subsidiary; Proposes $177.5M Takeover of Australia's ReadyTech
Expected Major Events for Monday
00:30/JPN: May Japan Manufacturing PMI
05:00/JPN: May Auto sales
06:00/GER: Apr Retail Trade
06:00/UK: May Nationwide House Price Index
06:00/RUS: May Russian Manufacturing PMI
06:45/FRA: Apr Housing starts
07:45/ITA: May Italy Manufacturing PMI
07:50/FRA: May France Manufacturing PMI
07:55/GER: May Germany Manufacturing PMI
08:30/UK: May S&P Global UK Manufacturing PMI
13:30/CAN: May Canada Manufacturing PMI
13:45/US: May US Manufacturing PMI
14:00/US: May ISM Report On Business Manufacturing PMI
14:00/US: Apr Construction Spending - Construction Put in Place
15:00/US: May Global Manufacturing PMI
23:50/JPN: May Monetary Base
All times in GMT. Powered by Onclusive and Dow Jones.
Expected Earnings for Monday
Aberdeen International Inc (AAB.T,AABVF) is expected to report for 1Q.
Credo Technology Group Holding Ltd (CRDO) is expected to report $0.78 for 4Q.
Hewlett Packard Enterprise Co (HPE) is expected to report $0.15 for 2Q.
Lyra Therapeutics Inc (LYRA) is expected to report for 1Q.
Science Applications International Corp (SAIC) is expected to report $1.70 for 1Q.
Uranium Energy Corp (UEC) is expected to report for 3Q.
Powered by Onclusive and Dow Jones.
ANALYST RATINGS ACTIONS
American Water Works Raised to Buy From Neutral by UBS
AST SpaceMobile Cut to Hold From Buy by Deutsche Bank
Best Buy Cut to Neutral From Buy by UBS
Boston Scientific Cut to Peer Perform From Outperform by Wolfe Research
Caesars Entertainment Cut to Hold From Buy by CBRE
Caesars Entertainment Cut to Hold From Buy by Truist Securities
Caesars Entertainment Cut to Neutral From Overweight by JP Morgan
Caesars Entertainment Cut to Neutral From Positive by Susquehanna
Charles River Labs Raised to Outperform From Hold by CLSA
Cogent Communications Cut to Neutral From Overweight by JP Morgan
Dell Technologies Raised to Positive From Neutral by Susquehanna
EPAM Systems Cut to Hold From Buy by Jefferies
Equity Residential Cut to Neutral From Overweight by Piper Sandler
Essential Utilities Raised to Buy From Neutral by UBS
Everforth Raised to Hold From Underperform by Jefferies
Gap Inc Cut to In-Line From Outperform by Evercore ISI Group
Gap Inc Cut to Neutral From Overweight by JP Morgan
Grid Dynamics Cut to Hold From Buy by Jefferies
Jack In The Box Cut to Neutral From Buy by Guggenheim
Rollins Inc Cut to Market Perform From Outperform by Bernstein
SentinelOne Raised to Buy From Neutral by B of A Securities
Snowflake Raised to Buy From Hold by HSBC
Valvoline Raised to Neutral From Underweight by JP Morgan
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
June 01, 2026 06:19 ET (10:19 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
