ADVFN US – Market Content Editor

New home construction in the United States fell sharply in May, with housing starts posting a much steeper decline than economists had anticipated, according to data released Tuesday by the Commerce Department. Housing starts dropped 15.4% during the month to a seasonally adjusted annual rate of 1.177 million units. The decline followed an 8.5% decrease…

Import prices in the United States recorded a stronger-than-expected increase in May, according to data released Tuesday by the Labor Department, pointing to continued pricing pressures in international trade. The report showed import prices climbed 1.9% during the month, following an upwardly revised 2.0% increase in April. Economists had forecast a more modest gain of…

Futures Suggest Little Early Direction: Dow Jones, S&P, Nasdaq U.S. stock futures were broadly unchanged on Tuesday, pointing to a subdued start for Wall Street after a powerful rally that pushed major indices sharply higher in recent sessions. Investors appear reluctant to extend the market’s advance before assessing whether the latest gains can be sustained,…

Gold Advances While Oil Prices Continue to Retreat Gold prices moved modestly higher on Tuesday as investors evaluated the implications of the recently announced U.S.-Iran peace framework and monitored a busy week of central bank meetings. By 10:21 GMT, spot gold had gained 0.9% to $4,345.72 per ounce, while gold futures rose 0.3% to $4,366.25…

Nocera, Inc. (NASDAQ:NCRA) has taken another significant step in its transformation into a diversified technology holding company by announcing a strategic investment in CampaignPulse.ai, an emerging artificial intelligence company focused on simulation-driven campaign intelligence, predictive analytics, and decision-support technologies. The investment underscores Nocera’s commitment to building a portfolio of innovative businesses positioned at the forefront…

Earnings and Revenue Top Expectations Vince Holding Corp. (NASDAQ:VNCE) reported first-quarter results that exceeded Wall Street forecasts, although the luxury fashion retailer’s shares slipped about 3% in premarket trading on Tuesday following the announcement. For the quarter ended May 2, the company posted a loss of $0.16 per share, outperforming analyst expectations of a $0.37…

Major AI Compute Partnership Boosts Rackspace Stock Rackspace Technology (NASDAQ:RXT) shares surged 30% on Tuesday after the company announced a definitive agreement with AMD (NASDAQ:AMD) to deploy 30 megawatts of AI computing infrastructure powered by AMD technology. The deal formalizes the Memorandum of Understanding the two companies unveiled on May 7, 2026, and establishes AMD…

Mobileye Moves Into Autonomous Ride-Hailing Market Mobileye (NASDAQ:MBLY) shares gained 5% on Tuesday after the autonomous driving specialist revealed plans to build and operate its own robotaxi business. The company said it intends to expand beyond its traditional role as a supplier of self-driving technology by launching a fully integrated autonomous ride-hailing operation, with the…