Category: Latest News
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Supermicro shares jump as margin outlook and record backlog impress investors (NASDAQ:SMCI)
Preliminary results drive strong premarket gains Shares of Super Micro Computer (NASDAQ:SMCI) climbed around 15% in premarket trading on Wednesday after the company released preliminary fourth-quarter figures highlighting significantly stronger profitability and record customer demand. The stock initially rallied about 20% in after-hours trading following the announcement before giving back part of those gains as…
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SpaceX lock-up expiry could release $116 billion worth of shares (NASDAQ:SPCX)
More than 900 million shares set to become eligible for trading SpaceX (NASDAQ:SPCX) is preparing for one of the largest lock-up expirations in recent market history, with approximately 911.5 million shares worth around $116 billion scheduled to become eligible for trading on August 6. The company confirmed on Tuesday that it will publish its second-quarter…
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Oil trades near six-week high as Middle East tensions raise supply concerns
Escalating conflict supports crude prices Oil prices remained close to six-week highs on Wednesday as markets assessed the intensifying conflict between the United States and Iran, alongside growing concerns that disruptions to Middle East shipping could threaten global crude supplies. As of 04:12 ET (08:12 GMT), Brent crude futures for September delivery, the international benchmark,…
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Gold rises above $4,130 as geopolitical uncertainty supports safe-haven demand
Middle East conflict keeps gold supported despite stronger dollar Gold prices moved higher on Wednesday, with bullion trading above $4,130 per ounce as escalating tensions across the Middle East continued to boost demand for safe-haven assets. The gains came even as a stronger U.S. dollar and higher Treasury yields created headwinds, while investors weighed the…
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Wall Street awaits major tech earnings as oil prices extend gains: Dow Jones, S&P, Nasdaq, Futures
US stock futures edged lower on Wednesday as investors prepared for a packed earnings calendar led by several of the technology sector’s biggest names, while rising oil prices and escalating tensions in the Middle East added another layer of uncertainty to global markets. Market participants are looking to results from Alphabet, Texas Instruments and Tesla…
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Summer Rotation, Seasonal Opportunities, & The Return of Value
Sector rotation is becoming one of the defining themes of the second half of 2026 as investors reassess market leadership across technology, precious metals, healthcare, financials and small-cap stocks. In the July edition of The Market This Month, Canadian Securities Exchange Director of Listings Development Anna Serin is joined by Stonecastle Investment Management portfolio manager Bruce…
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BP, Lahontan Gold, Coinbase: Corrections Open Up Rare Opportunities
Lahontan Gold Poised for a Massive Revaluation Although the pullback in the gold price to its current level of around USD 4,200 per ounce is causing short-term uncertainty, it could open up attractive entry opportunities for long-term-oriented investors. This is because the fundamental drivers of the gold bull market remain intact. Gold developers such as…
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Chip Stocks Power Wall Street Higher on Earnings Optimism
Wall Street closed broadly higher on Tuesday as a sharp rebound in semiconductor stocks and a wave of encouraging corporate earnings outweighed lingering unease over U.S. military strikes on Iran. The rally marked a reversal from Monday’s session, when Middle East tensions had knocked tech shares lower despite an early attempt at a chip-sector comeback.…
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American Gold & Copper to Begin Trading Under New AGCI Ticker Following Name Change (USOTC:AGCI)
The corporate rebranding aligns the company’s public identity with its mining strategy as it advances a proposed Nevada copper-gold acquisition and prepares to become an SEC reporting company. Key Investor Takeaways Why AGCI Stock Is in Focus Everlert announced that FINRA has approved its corporate name change to American Gold & Copper Inc. along with…
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Zhengye Biotechnology Says No Material Events Behind Unusual Trading Activity (NASDAQ:ZYBT)
The company issued a statement after a sharp increase in trading volume, saying it is unaware of any undisclosed developments that would explain the recent market activity. Key Investor Takeaways Why ZYBT Stock Is in Focus Zhengye Biotechnology issued a public statement in response to unusual trading activity in its shares after a significant increase…