11:43 AM EDT, 06/03/2025 (MT Newswires) -- All three major US stock indexes were up in late-morning trading on Tuesday after the Organization for Economic Co-operation and Development cut its outlook for US real GDP in 2025 to 1.6% from 2.2% in March report.

In company news, Constellation Energy ( CEG ) and Meta Platforms ( META ) have signed a 20-year agreement through which the output from the Clinton Clean Energy Center in Illinois will be used to support Meta's operations in the region with 1,121 megawatts of nuclear energy. The agreement goes into effect in June 2027, the companies said. Constellation shares were up 0.4%, while those of Meta were down 0.7% around noon.

Ford Motor ( F ) said Tuesday its total vehicle sales rose 16.3% in May from a year earlier to 220,959 units. Electric vehicle sales fell 25% over the same period to 6,723 units, while hybrid vehicle sales rose 28.9% to 22,719 units. Ford shares were up 1.9%.

Diamondback Energy ( FANG ) unit Viper Energy ( VNOM ) will acquire Sitio Royalties ( STR ) in an all-equity deal valued at about $4.1 billion, including $1.1 billion in net debt, the companies said Tuesday. Viper will add Sitio's 34,300 net royalty acres to its portfolio, 25,300 of which are in the Permian basin. Diamondback shares were up 3.5%, while those of Viper and Sitio were up 3.2% and 14.8%, respectively.

Hims & Hers Health ( HIMS ) said Tuesday it plans to acquire ZAVA, a European digital health platform in a deal that will mark its official entry into the UK, Germany, France and Ireland, with more markets expected to follow. The acquisition, the financial details of which were not disclosed, is expected to close in H2 2025, Hims said. Hims shares were up 0.9%.

Dollar General ( DG ) reported fiscal Q1 earnings Tuesday of $1.78 per diluted share, up from $1.65 a year earlier and above the FactSet consensus analyst estimate of $1.49. Fiscal Q1 net sales were $10.44 billion, up from $9.91 billion a year ago and above the $10.29 billion consensus of analysts polled by FactSet. For fiscal 2025, the company now expects EPS of $5.20 to $5.80, compared with the previous guidance of $5.10 to $5.80. Fiscal 2025 net sales growth is now expected to be between 3.7% to 4.7%, up from the previous forecast of 3.4% to 4.4%. Dollar General ( DG ) shares were up 12.7%.

Toyota Motor ( TM ) will participate in various transactions aimed at a tender offer for Toyota Industries shares to privatize it, Toyota ( TM ) said Tuesday. A new holding company will be set up in connection with the move, with Toyota Fudosan to invest about 180 billion yen ($1.26 billion) for the purpose of collaboration and cooperation with Toyota Group. Akio Toyoda will invest 1 billion yen, while Toyota Motor ( TM ) will invest 700 billion yen in nonvoting preferred shares, the company said. Toyota ( TM ) shares were up 1.6%.

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