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Loop Insights Announces TSXV Approval of Name Change to Fobi AI Inc., new trading symbol FOBI


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Loop Insights receives TSXV approval for new name and symbol in connection with the final parts of the rebrand, a key condition for uplisting.
VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) Fobi AI Inc. (formerly Loop Insights Inc.) (MTRX:TSXV) (RACMF:OTCQB) (the
Company or
Fobi ), a cutting-edge data intelligence company that helps our clients turn real-time data into actionable insights and personalized customer engagement is excited to announce that the TSX Venture Exchange (the
TSXV ) has approved the Company s name change from Loop Insights Inc. to Fobi AI Inc., and trading symbol change from MTRX to FOBI on the TSXV. Trading in the common shares of the Company under the new symbol will commence at market opening on June 4, 2021 the TSXV. ....

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FTSE 100 off worst levels but still in the negative as Wall Street slips after strong economic data


FTSE 100 closes in red as travel stocks and miners weigh
The UK s top share index finished the afternoon session down over 43 points, or 0.61%, at 7,064
FTSE 100 closes down 43 points
US stocks mixed
5.15pm: FTSE closes lower
FTSE 100 closed in the red on Thursday, weighed down by travel and commodity groups.
The UK s top share index finished the afternoon session down over 43 points, or 0.61%, at 7,064.
Midcap FTSE 250 was also lower, closing down over 180 points, or 0.57%, at 22,802.
Over on Wall Street, it was a mixed bag. The Dow Jones Industrial Average added over 35 points, but the S&P 500 and Nasdaq were lower, by eight points and 112 points respectively. ....

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FTSE 100 off worst levels but still in the negative amid lower start on Wall Street


16:02 Thu 03 Jun 2021
FTSE 100 off worst levels but still in the negative as Wall Street slips after strong economic data
The UK blue chip index and US markets under pressure as buoyant service sector figures and strong American jobs market rekindle inflation concerns
FTSE 100 down 44 points
US stocks open lower
4.02pm: US service sector surges
The strong US jobs data has rekindled investors concerns about inflationary pressures, and the idea that central banks might have to ease their support for the economy as a consequence. Which would mean, among other things, a rise in interest rates.
Adding to the signs of a strong US economy was the latest service sector survey. ....

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Dow fails to eke out a winning day; tech struggles bog down Nasdaq


Dow fails to eke out a winning day; tech struggles bog down Nasdaq
The latest set of jobless claims showed that the number of Americans filing for unemployment benefits fell below 400,000 for the first time since the start of the pandemic, while figures from payrolls operator ADP showed that 978,000 new private sector jobs were created in May, ahead of forecasts of 650,000
4:10pm: AMC traders head for the exits
The Dow closed Thursday down 23 points to 34,577. The Nasdaq fared worse, losing 142 points, 1%, to 13,615, while the S&P 500 dropped 15 points, 0.4%, to 4,193.
Helping the Dow salvage a relatively better day were Merck & Co Inc (NYSE:MRK) and Dow Inc (NYSE:DOW), both of which saw share price gains of more than 2%. ....

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