ADVFN US – Market Content Editor

Stocks linked to drone technology surged in premarket trading Friday after reports emerged that U.S. Defense Secretary Pete Hegseth has ordered a sharp escalation in drone manufacturing and deployment. As reported by Fox News, Hegseth has authorized military leaders to fast-track the acquisition and testing of both commercially available drones and 3D-printed prototypes. The move…

The U.S. dollar gained ground on Friday as President Donald Trump’s latest tariff measures sparked demand for the greenback as a safe haven. Meanwhile, sterling weakened following disappointing UK economic data. By 04:55 ET (08:55 GMT), the Dollar Index, which tracks the currency against a basket of six others, rose 0.2% to 97.500, poised for…

U.S. stock futures declined on Friday following President Donald Trump’s announcement of new tariffs targeting Canadian imports, sparking fears that other trade partners could soon face similar measures, which added pressure on global trade sentiment. At the same time, Nvidia (NASDAQ:NVDA) achieved a historic market valuation exceeding $4 trillion, while Bitcoin climbed to unprecedented levels.…

BP (NYSE:BP) announced on Friday that it expects increased oil output and solid trading results for Q2, although weaker price realizations in its upstream operations may dampen overall earnings. Shares rose 2.2% by 03:48 ET . Upstream production is forecasted to rise compared to Q1, primarily driven by higher oil volumes, especially from BPX Energy.…

Levi Strauss & Co (NYSE:LEVI) exceeded expectations in its second-quarter earnings report, fueled by robust consumer demand, and lifted its profit forecast for the full year. Shares surged about 7% in premarket trading on Friday by 04:27 ET (08:27 GMT). The iconic denim brand reported Q2 earnings per share of 22 cents, well above the…

Bitcoin (COIN:BTCUSD) extended its rally into Friday, reaching a new historic high above $118,000, as strong demand for crypto ETFs and pro-crypto signals from U.S. leadership reignited investor enthusiasm. As of 01:54 ET, Bitcoin was trading at $118,310.80, up 6.1% on the day, putting it on course for a third consecutive weekly gain. ETF Inflows…

Gold prices edged higher during Friday’s Asian session as investor appetite for safe-haven assets returned, driven by renewed trade tensions and instability in the Middle East. The gains followed several sessions of decline, though gold continues to underperform compared to silver and platinum, which are both seeing stronger momentum. Despite a firm U.S. dollar—which is…

Oil prices nudged higher in early Friday trading in Asia, partially recovering from Thursday’s sharp decline as markets processed the potential fallout from escalating U.S. trade actions and shifting signals from OPEC+ regarding future supply plans. By 01:47 GMT (21:47 ET), Brent crude futures for September delivery had risen 0.5% to $69.01 per barrel, while…

The S&P 500 and Nasdaq reached fresh record highs on Thursday, powered by continued strength in chip stocks as optimism over AI-driven demand overshadowed concerns about escalating tariffs. As of 2:07 p.m. ET, the Dow Jones Industrial Average rose 190 points (0.2%), while the S&P 500 gained 0.3% to close at a new high of…