Category: Latest News
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A gold developer moves to actively preparing for production
What does it look like when a gold developer moves from talking about potential — to actively preparing for production? Hello, I’m Ricki Lee, and this is The Capital Compass. Today we’re checking back in with Vista Gold (AMEX:VGZ) (TSX:VGZ), a company advancing its flagship Mt Todd Gold Project in Australia’s Northern Territory. Earlier this…
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Cheetah Mobile Maintains Revenue as Robotics and AI Growth Counteracts Core Business Weakness (CMCM)
Cheetah Mobile Inc. (NYSE:CMCM) reported first-quarter revenue of $37.5 million on Wednesday, with overall sales broadly unchanged from a year earlier as rapid expansion in its robotics and AI-related businesses helped offset declines across its traditional internet and enterprise services operations. The company’s shares fell 1.18% in after-hours trading following the earnings release. Robotics Division…
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Amazon Broadens Freight Network to Support Businesses Across the U.S. (AMZN)
Amazon (NASDAQ:AMZN) has expanded its less-than-truckload (LTL) freight offering, making the service available to businesses nationwide regardless of destination. Previously focused on shipments bound for Amazon facilities, the platform can now be used to transport freight to third-party warehouses, distribution hubs and retail locations across the United States. The move marks a significant expansion of…
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Gold Slides to Six-Month Low as Geopolitical Risks and Rate Hike Expectations Pressure Market
Gold prices extended their recent decline after renewed military action between the United States and Iran undermined hopes for a swift end to the conflict, increasing uncertainty across global markets and reinforcing concerns about inflation. Spot gold dropped 2% during morning trading to $4,168 an ounce, its lowest level since late November 2025, following a…
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Oil Prices Hold Steady Despite Renewed U.S.-Iran Hostilities and Sharp Inventory Draw
Oil prices traded little changed on Wednesday as investors largely shrugged off the latest military exchange between the United States and Iran, while a significant decline in U.S. crude inventories provided additional support to the market. As of 05:47 ET (09:47 GMT), Brent crude futures for August delivery were broadly unchanged at $91.40 per barrel,…
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Anthropic Opens Public Access to Fable 5 While Maintaining Safeguards on Advanced AI Capabilities (ANTP)
Anthropic (NASDAQ:ANTP), developer of the Claude family of artificial intelligence models, has launched a public version of its advanced Mythos-class technology while retaining restrictions on sensitive use cases. The newly released model, called Fable 5, marks the first broadly available offering from Anthropic’s Mythos series, the company’s most advanced generation of AI systems. The Mythos…
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Supermicro Shares Slide as Company Launches $7 Billion Fundraising to Support AI Demand (SMCI)
Super Micro Computer Inc (NASDAQ:SMCI) shares fell roughly 9% in premarket trading on Wednesday after the company unveiled plans for a major capital raise aimed at funding its rapidly expanding artificial intelligence server business. The fundraising package totals approximately $7 billion and is intended to provide the company with the resources needed to address a…
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OpenAI Reportedly Nears Deal for Massive Ohio Data Centre Project with Nvidia Support
OpenAI (NASDAQ:OAI) is reportedly in advanced discussions to secure a long-term lease for a proposed 10-gigawatt data centre campus in Ohio, according to a report from The Information. Nvidia is said to be involved in supporting the project, which could become one of the largest artificial intelligence infrastructure developments ever undertaken. The proposed facility would…
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Starbucks Evaluates Sale and IPO Options for Japanese Operations (SBUX)
Starbucks (NASDAQ:SBUX) is reportedly reviewing strategic alternatives for its business in Japan, including a possible partial divestment or public listing, according to a Bloomberg News report citing people familiar with the matter. The coffee chain has held early-stage discussions with investment banks as it assesses options for its Japanese subsidiary, one of the company’s most…
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SpaceX IPO Set to Test Strength of the ‘Elon Premium’ as Valuation Nears $1.8 Trillion
SpaceX (NASDAQ:SPCX) is preparing for one of the most closely watched stock market debuts in recent history, with its upcoming listing expected to provide a major test of the so-called “Elon premium” that has helped propel Tesla (NASDAQ:TSLA) to among the highest valuations in the U.S. market. The company is seeking a valuation of approximately…