Category: Latest News
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Salesforce shares slide after softer-than-expected annual revenue outlook
Shares of Salesforce (NYSE:CRM) declined more than 3% in U.S. premarket trading on Thursday after the cloud software provider issued a fiscal 2027 revenue forecast that fell slightly short of market expectations. The company projected full-year revenue between $45.80 billion and $46.20 billion, marginally below the consensus midpoint estimate of $46.06 billion, according to LSEG…
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U.S. crude inventories jump far above expectations in latest EIA report
U.S. commercial crude oil stockpiles rose sharply in the latest weekly report from the Energy Information Administration (EIA), with inventory gains significantly exceeding market forecasts. The EIA reported an increase of 15.989 million barrels, far surpassing expectations for a rise of just 1.800 million barrels. The sizeable build surprised markets and pointed to softer oil…
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Gold edges higher as markets look ahead to U.S.-Iran nuclear negotiations
Gold prices moved modestly higher on Thursday, supported by safe-haven demand as investors navigated uncertainty surrounding U.S. trade tariffs and awaited upcoming nuclear discussions between Washington and Tehran. At 05:00 ET (10:00 GMT), spot gold gained 0.5% to $5,188.77 per ounce, while U.S. gold futures declined 0.4% to $5,204.49 per ounce. Focus turns to U.S.-Iran…
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Bitcoin climbs back toward $68,000 as dip buyers return and risk appetite improves
Bitcoin (COIN:BTCUSD) rebounded on Thursday, extending gains from the previous session as bargain hunters stepped in and stronger sentiment on Wall Street helped lift the broader cryptocurrency market following a prolonged selloff. The recovery was also supported by a wave of forced liquidations among heavily positioned short traders, who were caught off guard by the…
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Nvidia, Salesforce Earnings and U.S.-Iran Talks Drive Market Moves: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures edged lower Thursday as investors digested major technology earnings and monitored developments ahead of key nuclear negotiations between U.S. and Iranian officials. Results from Nvidia (NASDAQ:NVDA) and Salesforce (NYSE:CRM) dominated market attention, while oil prices held steady near recent highs. Futures Move Lower Futures tied to the main U.S. equity benchmarks traded…
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Falconedge Adds Two Advisory Clients and Reports Interim Results Highlighting Growth Strategy
Falconedge PLC (AQSE:EDGE) (USOTC:FEDGF) has strengthened its hedge fund advisory business after signing two new fund clients, while interim results underline the company’s ongoing transition toward recurring revenues and diversified income generation. The latest mandates lift Falconedge’s advisory client base by approximately 40%, marking further progress in expanding the company’s core services offering. Management views…
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Seizing Defense Billions Now: How NEO Battery Materials Could Enhance Systems from Rheinmetall and Hensoldt
The world’s security architecture is no longer what it once was: the future of defense is autonomous, networked, and energy-hungry. Military superiority is no longer determined primarily by the sheer number of deployed units, but by the synergy of autonomous mobility, sensor intelligence, and the corresponding energy capacities. In this environment, players such as Rheinmetall…
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U.S. Stocks See Further Upside Ahead Of Nvidia Earnings
Stocks moved mostly higher during trading on Wednesday, adding to the strong gains posted in the previous session. With the continued advance, the Nasdaq and the S&P 500 more than offset the steep losses posted on Monday. The major averages ended the day just off their highs of the session. The Nasdaq jumped 288.40 points…
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Markets in Motion: Energy sector strength builds on fund inflows
In this week’s Markets in Motion, Bruce Campbell turns his attention to the energy sector, highlighting continued leadership across both U.S. and Canadian large-cap names. Using relative rotation analysis, Bruce notes that several of the largest holdings in the Energy Select Sector SPDR ETF (ARCA:XLE) are positioned firmly in the leading quadrant — meaning they…
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Joby Aviation shares surge after Uber launches Dubai air taxi booking service
Joby Aviation (NYSE:JOBY) shares jumped 7.5% on Wednesday after the company partnered with Uber (NYSE:UBER) to introduce a new air taxi booking option in Dubai, marking a key milestone in the rollout of commercial urban air mobility services. The newly launched offering, branded Uber Air powered by Joby, enables customers to reserve flights on Joby’s…