Klarna’s Bank Disruption, Eurozone Inflation Hits Target, Neuralink Raises $650M

Money Masters' Market Movers 23

June 04, 2025

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Dear Money Master,

This week, we’re witnessing more shifts across finance and tech. Klarna is no longer content being a BNPL darling, it's gunning for the banks with a full-service debit card powered by Visa. Meanwhile, the Eurozone inflation just cooled to 1.9%, reigniting hopes for a rate cut as bond yields dip. But it’s not all smooth sailing Trump’s escalating tariffs are weighing on the global economic outlook, prompting the OECD to slash U.S. growth forecasts.

In tech, Elon Musk's Neuralink just secured $650 million to take its brain-computer interface mainstream, and Robinhood is making institutional crypto moves with the completion of its Bitstamp deal. Snowflake’s $250 million acquisition of Crunchy Data signals a push to dominate AI-enhanced database tech. On the earnings front, Dollar General raised its guidance after smashing Q1 expectations, while Campbell’s warned tariffs may bite into profits.

Read of the Day: Toyota’s $33 Billion Shock, find out why the industry giant is buying out Its own family tree.🪙💼

📰 Your Daily Financial Digest - June 4th, 2025

🌍 Economics & Finance:

  1. Eurozone Inflation Falls to 1.9%, Hitting ECB Target 📉
    Core inflation dropped to 2.3% in May, down from 2.7% in April, reinforcing expectations of interest rate cuts this summer. Read More

  2. OECD Slashes U.S. Growth Forecast to 1.6% Amid Tariff Turmoil 📊
    Trump’s escalating tariffs and political uncertainty have led to a sharp downgrade in the U.S. outlook, with inflation now seen approaching 4% by year-end. Read More

  3. Klarna Launches Debit Card in U.S. to Challenge Big Banks 💳
    The Klarna Card comes with FDIC-insured deposits and lets users switch between debit and BNPL modes, powered by Visa’s Flexible Credential tech. Read More

💻 Technology:

  1. Neuralink Secures $650M to Expand Brain-Computer Interfaces 🧠
    Elon Musk’s Neuralink has now implanted devices in five patients. The funding will speed up device development to link thought with action for the severely paralyzed. Read More

  2. Snowflake Buys Crunchy Data for $250M 🧾
    The move brings a managed PostgreSQL database service to Snowflake’s portfolio as it races Databricks in the AI-powered data arms race. Read More

  3. Robinhood Finalizes Bitstamp Acquisition to Enter Institutional Crypto 🔐
    The $200M deal gives Robinhood a global crypto presence with 50+ licenses and access to deeper liquidity and professional-grade trading tools. Read More

💹Earnings:

  1. Campbell’s Beats Q3 Expectations But Warns on Profits 🥫
    Q3 EPS came in at $0.73 vs. $0.71 expected, with Meals & Beverages leading the way. However, full-year EPS may land at the low end due to snack division weakness and potential tariff costs. Read More

  2. Shoe Carnival Smashes Q1 EPS as Rebranding Pays Off 👟
    EPS of $0.34 more than doubled forecasts, driven by strong growth at Shoe Station stores. The company plans to rebrand 28% of its store base under the Shoe Station name by year-end. Read More

  3. Dollar General Raises Forecast After Q1 Blowout 🛒
    EPS of $1.78 crushed estimates, with 5% revenue growth and higher same-store sales. The retailer boosted full-year guidance, but warned that tariffs could weigh on consumer spending. Read More

🔍 Deep Dive: Toyota’s $33 Billion Shock 💥 – Why the Industry Giant Is Buying Out Its Own Family Tree

When one of the world’s largest auto empires decides to spend $33 billion to buy out a company it helped create, people pay attention. In a move that’s shaking up Japan’s corporate world, Toyota Group is taking Toyota Industries private, a major shift from decades-old traditions of internal shareholding and quiet family control. But why would Toyota make such a huge move now? And what does it mean for the future of the company, its shareholders, and Japan’s business landscape? 📉📊

📲 You can read the full article in the Money Masters App.

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