Category: Latest News
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Wall Street Futures Rebound as Markets Weigh Fed Outlook and U.S.-Iran Peace Agreement: Dow Jones, S&P, Nasdaq
U.S. stock futures moved higher on Thursday as investors assessed the implications of the Federal Reserve’s latest policy decision and a surprise agreement between the United States and Iran aimed at ending months of conflict. The gains followed a sharp sell-off on Wall Street in the previous session, when rising Treasury yields and a more…
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Delta Gold Extends University of Toronto Quantum Computing Partnership Following Patent Milestone
Delta Gold Technologies PLC (USOTC:DGQTF) (AQSE:DGQ) has expanded its collaboration with the University of Toronto into a second year as the company continues to advance its quantum computing research programme and strengthen its intellectual property portfolio. The next phase of the project, A Scheme for Quantum Computing based on Proximatised Gold, is now underway under…
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Rumble Reorganises as RUM Group, Launches Quake AI Following Northern Data Acquisition
Rumble (NASDAQ:RUM) is restructuring its business into two core operating divisions and adopting a new corporate identity after completing its acquisition of AI infrastructure provider Northern Data. Effective June 18, the company will operate as RUM Group Inc., a holding company overseeing two businesses: Rumble, its video and media platform, and Quake AI, a newly…
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Hawkish Fed Surprise Sends Stocks Sharply Lower
Wall Street ended Wednesday deep in the red after Federal Reserve Chair Kevin Warsh delivered a hawkish shock in his debut as chair of the FOMC, erasing an early-session gain driven by a stronger-than-expected retail sales report. All three major indexes finished well off their highs, with growth and technology stocks bearing the brunt of…
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U.S. Retail Sales Top Forecasts as Consumer Spending Accelerates in May
Consumer spending in the United States strengthened more than anticipated in May, according to figures released Wednesday by the Commerce Department. Retail sales rose 0.9% during the month, following a revised 0.4% increase in April. The latest reading exceeded economists’ expectations for a 0.5% gain. The April figure was revised lower from the initially reported…
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Fed Decision Looms as Wall Street Braces for Uneven Trading: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures pointed to a subdued start on Wednesday, suggesting markets may struggle for direction as investors await the Federal Reserve’s latest policy announcement. Following Tuesday’s mixed session, traders appeared reluctant to take large positions ahead of the central bank’s decision and comments from newly appointed Chair Kevin Warsh. Investors Focus on Fed Guidance…
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Jabil Tops Forecasts on AI Demand and Strong Guidance, but Shares Slip
Jabil Inc. (NYSE:JBL) delivered third-quarter fiscal 2026 results ahead of Wall Street expectations, driven by continued strength in artificial intelligence infrastructure and improving performance across several end markets. Despite the earnings beat, shares fell 2.5% following the announcement. The electronics manufacturing services company reported adjusted earnings of $3.16 per share, exceeding analyst forecasts of $3.08.…
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Aehr Test Systems Shares Climb on New Silicon Photonics Production Order
Aehr Test Systems (NASDAQ:AEHR) advanced 11% after announcing a follow-on production order for one of its FOX-XP wafer-level burn-in systems from a major customer operating in the silicon photonics market. The order highlights growing demand for semiconductor testing equipment tied to the rapid expansion of artificial intelligence infrastructure and next-generation data center technologies. New System…
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Genco Shipping Shares Jump as Diana Raises Takeover Proposal
Genco Shipping & Trading Limited (NYSE:GNK) climbed 8% on Wednesday after Diana Shipping Inc. (NYSE:DSX) enhanced its offer to acquire the dry bulk shipping company, increasing the value proposed to shareholders. The revised bid marks the latest development in a takeover effort that has been ongoing since late 2025 and comes as Diana seeks to…
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Nexentis Shares Swing After Subsidiary Reaches Drug Discovery Research Milestone
Nexentis Technologies Inc. (NASDAQ:NXTS) experienced sharp trading volatility on Wednesday after announcing a research breakthrough at its biotechnology subsidiary, MitoCareX Bio. The stock initially surged as much as 30% following the news before reversing course and trading about 2% lower later in the session. MitoCareX Expands Analysis of SLC Transport Proteins The company said MitoCareX…