Category: Latest News
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Critical Metals Kicks Off 2025 Drilling at Tanbreez Rare Earth Project
Critical Metals Corp (NASDAQ:CRML) has launched a 2,000-meter diamond drilling program at its Tanbreez project in Greenland, home to one of the world’s largest rare earth deposits by resource size. The company stated this phase is a key step toward advancing the mine toward commercial production, which is anticipated to start next year. The drilling…
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CoreWeave Shares Jump Following $6 Billion AI Data Center Investment Announcement
CoreWeave (NASDAQ:CRWV) saw its stock climb 6.3% in pre-market trading after revealing plans to invest up to $6 billion in a cutting-edge AI-focused data center located in Lancaster, Pennsylvania. The initial phase involves building a 100-megawatt facility designed specifically for advanced artificial intelligence workloads, with capacity to expand to 300 megawatts. This project marks one…
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Wells Fargo Tops Earnings and Revenue Estimates in Q2 Despite Slight Miss on Net Interest Income
Wells Fargo & Company (NYSE:WFC) reported second-quarter results that surpassed analyst expectations on both earnings and revenue, though its net interest income (NII) came in just below forecasts, causing shares to dip slightly in early trading Tuesday. The bank posted earnings of $1.60 per share, beating the consensus estimate of $1.40. Revenue totaled $20.82 billion,…
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Bank of New York Mellon Shares Climb on Strong Q2 Earnings Surprise
Shares of Bank of New York Mellon (NYSE:BK) rose 1.8% in premarket trading Tuesday following better-than-expected second-quarter results, driven by robust revenue growth across multiple divisions. The company reported adjusted earnings per share of $1.94, comfortably above analyst projections of $1.75. Revenue topped forecasts as well, reaching $5.03 billion versus an expected $4.78 billion. This…
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Semiconductor Stocks Climb as Nvidia Prepares to Resume China Sales
Shares in semiconductor companies surged Tuesday following Nvidia’s (NASDAQ:NVDA) announcement that it expects to soon restart sales of its AI-powered chips in China. Ahead of U.S. market open, Nvidia’s stock rallied over 5%, boosting related firms such as Advanced Micro Devices (NASDAQ:AMD), Micron (NASDAQ:MU), Broadcom (NASDAQ:AVGO), and Marvell (NASDAQ:MRVL). European semiconductor leaders—including ASML (EU:ASML), ASM…
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Dollar Dips Slightly Before Crucial U.S. Inflation Data Release
The U.S. dollar eased marginally on Tuesday but stayed near a three-week peak as markets awaited key inflation figures that could shape the Federal Reserve’s next moves on interest rates. At 04:30 ET (08:30 GMT), the Dollar Index—which tracks the dollar against six major currencies—fell 0.1% to 97.63, just below its highest point since late…
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Dow Jones, S&P, Nasdaq, Futures Steady as Investors Eye Bank Earnings, Inflation Data, and Nvidia’s China Developments
U.S. equity futures edged slightly higher early Tuesday as markets geared up for a high-stakes session featuring earnings reports from top Wall Street banks and the latest consumer inflation data. Investors are also digesting upbeat growth figures from China and a key update from Nvidia regarding its AI chip sales in the Chinese market. Markets…
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Gold Rises on Trade War Jitters and Uneven Chinese Economic Indicators
Gold prices moved slightly higher in early Asian trading on Tuesday, buoyed by persistent trade tensions and investor unease over mixed economic signals from China. Growing uncertainty around U.S. President Donald Trump’s aggressive tariff strategy continued to drive safe-haven demand, while patchy Chinese data further reinforced a cautious market tone. Heightened geopolitical risks also lent…
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Oil Prices Edge Lower as Traders Weigh Trump’s Russia Ultimatum and China’s Q2 Growth
Oil prices dipped slightly during Tuesday’s early trading hours in Asia as markets absorbed two major geopolitical and economic developments: a fresh ultimatum from U.S. President Donald Trump to Russia over the war in Ukraine and a mixed batch of second-quarter economic data out of China. By 21:56 ET (01:56 GMT), Brent crude futures for…
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An exploration company focused on uncovering high grade silver in Canada’s North
Silver North Resources Ltd., a junior exploration company focused on uncovering high grade silver in Canada’s North. With two key assets, the Haldane Silver Project in the historic Keno Hill district and the Tim Project near the Yukon, British Columbia border, the company is pushing forward with a clear exploration strategy. Joining me to uncover…