ADVFN US – Market Content Editor
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Gold pullback raises questions over safe-haven role, UBS says outlook remains strong
The recent decline in gold prices has led some investors to question whether the metal still deserves its long-standing reputation as a safe-haven asset. However, UBS said in a note on Tuesday that the fundamental case for gold remains unchanged. Gold has retreated from levels above $5,400 reached in early March to slightly above $5,000…
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UBS warns global equities could drop sharply if geopolitical tensions persist
Global equity markets may remain stuck in a consolidation phase in the short term as investors navigate heightened uncertainty and a broad range of possible economic outcomes, according to UBS strategist Andrew Garthwaite. UBS has set a 2026 target of 1,100 for the MSCI All-Country World Equity Index, slightly below its earlier forecast of 1,130.…
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Wall Street faces renewed downside amid oil swings and geopolitical risks: Dow Jones, S&P and Nasdaq Futures
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a lower open on Friday, with stocks likely to see further downside after recovering from their worst levels but still ending the previous session modestly lower. The downward momentum on Wall Street comes amid considerable volatility by the price of crude oil, which has…
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Wall Street Slide Continues as Oil Volatility and Fed Caution Weigh on Sentiment
U.S. markets extended their downward trend on Thursday as investors grappled with a “double whammy” of geopolitical instability and a recalibrated interest rate outlook. While indices managed to pare some of their steeper intraday losses following diplomatic efforts to stabilize energy corridors, the major averages ultimately finished in the red for a second consecutive session.…
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Datavault AI posts first quarterly profit as revenue surges, reiterates $200M 2026 target
Datavault AI Inc. (NASDAQ:DVLT) reported its first profitable quarter and record annual revenue for fiscal 2025, highlighting rapid growth driven by artificial intelligence–enabled data monetization and tokenization technologies. The company said fourth-quarter revenue reached $33.8 million for the period ended December 31, 2025, representing a 3,650% year-over-year increase from less than $1 million in the…
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Mobix Labs selected for anti-drone munitions feasibility study
Mobix Labs, Inc. (NASDAQ:MOBX) said it has been chosen by a major munitions manufacturer to participate in a feasibility program focused on next-generation smart munitions designed for anti-drone applications. The company, which has a market capitalization of about $47 million, has seen its shares climb roughly 72% year-to-date despite recent volatility. The program will assess…
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Ferrari trades lower on suspension of Middle East shipments
Ferrari NV (NYSE:RACE) said Thursday it has temporarily halted most vehicle shipments to the Middle East. Shares of the Italian luxury automaker listed in Italy were down more than 3.2% during the session, while its U.S.-traded shares declined over 2.5% in premarket trading. The decision comes as the nearly three-week conflict in the region begins…
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Accenture falls despite Q2 beat as earnings guidance disappoints
Accenture (NYSE:ACN) reported second-quarter results that surpassed analyst expectations, but its shares dropped about 3.5% after the company issued a full-year earnings outlook that fell slightly below market forecasts. The consulting and professional services firm posted adjusted earnings per share of $2.93 for the quarter ended February 28, topping the analyst consensus estimate of $2.85…
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Pfizer’s TALZENNA combination shows progress against prostate cancer
Pfizer Inc. (NYSE:PFE) announced that its Phase 3 TALAPRO-3 clinical trial met its primary endpoint, demonstrating that the combination of TALZENNA (talazoparib) and XTANDI (enzalutamide) significantly improved radiographic progression-free survival compared with placebo plus XTANDI in patients with homologous recombination repair (HRR) gene–mutated metastatic castration-sensitive prostate cancer. The global study enrolled 599 patients across the…
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ZKH Group posts top-line beat in Q4, shares edge higher
ZKH Group Limited (NYSE:ZKH) reported fourth-quarter results that exceeded revenue forecasts and marked a return to profitability after a loss in the same period a year earlier. Shares rose about 0.6% following the announcement. The MRO procurement services platform generated revenue of $365.68 million for the quarter ended December 31, 2025, surpassing the analyst consensus…