Author: Fiona Craig

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…

Shares of Bank of New York Mellon Corporation (NYSE:BK) climbed to a record high of $93.80, marking a major milestone for the financial institution. The stock’s upward trajectory has been impressive, gaining 52.51% over the past year and pushing the company’s market capitalization to $67.09 billion. The surge reflects investor confidence in BNY Mellon’s consistent…

AbbVie Inc. (NYSE:ABBV) saw its stock jump 3.4% after announcing a major licensing agreement with IGI Therapeutics, securing exclusive global rights to develop and commercialize ISB 2001 — a promising multispecific antibody candidate targeting cancer and autoimmune conditions. Under the terms of the deal, AbbVie will make an upfront payment of $700 million to IGI…

Charles Schwab Corp (NYSE:SCHW) climbed to a 52-week high of $92.81, marking a key milestone for the financial services giant with a market capitalization of $168.6 billion. The stock has gained 25.56% year-to-date, driven by a 10.86% uptick in revenue and consistent long-term performance, including 37 straight years of dividend payouts — a testament to…

Vertiv Holdings (NYSE:VRT) saw its stock tumble 11% on Thursday following Amazon Web Services’ (NASDAQ:AMZN) announcement of proprietary cooling hardware aimed at handling the intense thermal demands of Nvidia’s (NASDAQ:NVDA) high-performance AI GPUs. Unveiled on Wednesday, AWS’s new In-Row Heat Exchanger (IRHX) system is a custom-built alternative to traditional liquid cooling systems commonly supplied by…

Shares of Avis Budget Group Inc. (NASDAQ:CAR) soared to a 52-week high of $190.25, underscoring a powerful rally for the car rental company. The stock has delivered an 82.41% gain over the past year, with even more impressive short-term performance — up 110.26% over six months and 120.57% year-to-date. With a market capitalization of $6.65…

Wayfair Inc. (NYSE:W) stock climbed to a 52-week high of $58.42, signaling renewed investor confidence in the online home goods retailer. With a market capitalization of $7.47 billion and annual revenue of $11.85 billion, the company has seen its stock rise 5.45% over the past year and 28.28% in the last six months. The recent…

TE Connectivity (NYSE:TEL) shares climbed to a new all-time high of $175.06, reflecting growing investor confidence and solid momentum in the company’s fundamentals. With a market capitalization of $51.8 billion, the stock has gained 12.91% over the past year and 23.6% in the last six months, underscoring sustained optimism about its long-term growth prospects. The…

Polestar Automotive Holding UK Plc A (NASDAQ:PSNY) saw its stock climb 5% after the electric vehicle maker reported a robust second-quarter sales performance, defying a backdrop of market volatility and stiff competition. The Swedish EV company delivered an estimated 18,049 vehicles in Q2 2025—a 38% increase year-over-year. For the first half of the year, deliveries…