Category: Latest News
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Gold Climbs Past $4,700/oz to Fresh Record as Greenland Tensions Drive Safe-Haven Demand
Gold prices notched a new all-time high in Asian trading on Tuesday, breaking through a key threshold as unease over U.S. demands linked to Greenland kept investors cautious and firmly positioned in safe-haven assets. Gold and silver had both surged to record levels earlier in the week after U.S. President Donald Trump said he would…
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U.S. Futures Slide on Greenland Tariff Risks; Netflix Earnings in Focus: Dow Jones, S&P, Nasdaq, Wall Street
Futures tied to the main U.S. equity indices pointed lower as investors weighed the risk that Washington could impose new tariffs on a range of European countries over Greenland. President Donald Trump said he plans to hold meetings on Greenland during a trip to an annual economic forum in Switzerland, while European leaders consider possible…
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RAPT Therapeutics Jumps 64% After GSK Tables $2.2bn Takeover Proposal
Shares in RAPT Therapeutics Inc (NASDAQ:RAPT) soared 63.6% on Tuesday after pharmaceutical major GSK plc (LSE:GSK) said it plans to acquire the company in an all-cash deal priced at $58 per share, valuing RAPT at approximately $2.2 billion. The proposed acquisition would give GSK control of RAPT’s food allergy pipeline, led by ozureprubart, an anti-IgE…
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AstraZeneca Plans NYSE Move, Ending Nasdaq ADS Listing to Simplify US Share Trading
AstraZeneca (NASDAQ:AZN) has announced it will shift its US listing from Nasdaq to the New York Stock Exchange, delisting its American Depositary Shares and related debt instruments in the process. The transition will take place after markets close on January 30, 2026, with trading on the NYSE expected to commence on February 2. AstraZeneca confirmed…
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Consumer packaged goods company acquires beverage manufacturing facility
Hello, I’m Ricki Lee, and this is The Capital Compass. Today we’re talking to Cizzle Brands (USOTC:CZZLF), a consumer packaged goods company that’s just made a transformational move by acquiring a beverage manufacturing facility — bringing production in-house at a time when capacity across the industry is increasingly scarce. The deal not only adds vertical…
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Armored steel meets swarm intelligence: Why Rheinmetall and Hensoldt must retool – and why NEO Battery Materials could become a hidden winner of the drone war
The war in Ukraine has shattered military doctrines that were considered irrefutable in NATO headquarters for decades within a matter of months. The shocking realization: even the most modern battle tank is an easy target for a drone that costs less than a tank of fuel for the colossus. We are witnessing a tectonic shift…
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Five market themes to watch in the week ahead
Investors are heading into a holiday-shortened week, with U.S. stock markets closed on Monday for Martin Luther King Jr. Day. Activity is expected to pick up quickly, however, as President Donald Trump’s latest tariff threats, two high-profile Supreme Court cases, and earnings from major companies such as Netflix (NASDAQ:NFLX) and Intel (NASDAQ:INTC) take center stage.…
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Tesla positioned to gain early edge as Canada relaxes tariffs on China-built EVs
Tesla (NASDAQ:TSLA) is expected to be among the first carmakers to take advantage of Canada’s decision to roll back 100% tariffs on electric vehicles manufactured in China, helped by its early logistics planning from Shanghai and its established retail footprint in the country, industry experts say. Under an agreement unveiled last Friday, Canada will permit…
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Micron agrees $1.8bn deal to buy PSMC’s Taiwan fabrication facility
Micron Technology (NASDAQ:MU) has entered into an exclusive Letter of Intent to acquire the P5 semiconductor fabrication plant owned by Powerchip Semiconductor Manufacturing Corporation in Taiwan for $1.8 billion in cash. The transaction covers a 300,000-square-foot cleanroom facility located in Tongluo, Miaoli County, and is intended to support Micron’s efforts to expand capacity as global…
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Oil slips as calmer Iran situation erodes geopolitical risk premium
Oil prices edged lower on Monday after climbing in the previous session, as signs that civil unrest in Iran was easing reduced fears of a U.S. military strike that could disrupt supplies from the key Middle Eastern producer. Brent crude was trading at $63.85 a barrel at 0734 GMT, down 28 cents, or 0.44%.U.S. West…