Category: Latest News
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Gold recovers from three-week low as easing trade tensions weigh on safe-haven demand
Gold prices edged up on Tuesday, rebounding from near three-week lows as easing global trade tensions softened demand for the precious metal ahead of an important U.S. Federal Reserve policy meeting. At 04:50 ET (08:50 GMT), spot gold rose 0.4% to $3,327.10 an ounce, with gold futures matching the gain, trading at $3,381.00 per ounce.…
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Nomura posts 52% jump in Q1 profit fueled by robust trading and investment banking
Nomura Holdings (NYSE:NMR) revealed on Tuesday a 52% rise in net profit for the first quarter, supported by strong results in trading and investment banking despite ongoing volatility in global markets. The leading Japanese investment bank and brokerage recorded earnings of 104.6 billion yen ($705.71 million) for the April to June period, up from 68.9…
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Yandex posts 34% jump in Q2 profit; dividend payout on the table
Russian tech leader Yandex (NASDAQ:NBIS) announced on Tuesday a 34% increase in its adjusted net profit for the second quarter, reaching 30.4 billion roubles ($374.61 million), rebounding from a net loss in the previous quarter. The company’s revenue rose 33% year-on-year to 332.5 billion roubles, largely fueled by strong performances in its e-commerce and fintech…
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Erayak Power Solution Group Raises $3 Million Through Registered Direct Offering
On July 25, 2025, Erayak Power Solution Group Inc. (NASDAQ:RAYA) announced it entered into a securities purchase agreement with institutional investors, leading to a registered direct offering of 30,612,246 Class A ordinary shares and pre-funded warrants. The transaction, which closed on July 28, 2025, raised about $3 million. The funds will be allocated to upgrading…
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Nvidia Orders 300,000 More H20 AI Chips as Chinese Demand Picks Up – Reuters
Nvidia (NASDAQ:NVDA) has reportedly submitted an order for an additional 300,000 H20 artificial intelligence chips to Taiwan Semiconductor Manufacturing Co (TSMC) (NYSE:TSM), according to a Reuters report on Tuesday that cites unnamed sources familiar with the matter. The surge in orders follows the Trump administration’s recent decision to lift restrictions on Nvidia’s H20 chip sales…
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Dow Jones, S&P, Nasdaq, Wall Street Futures Tick Up as U.S.-China Trade Talks Resume, Earnings and Fed Decision Loom
U.S. equity futures edged higher Tuesday as investors digested renewed U.S.-China trade negotiations, a packed corporate earnings calendar, and a key Federal Reserve decision that could shape the economic outlook for the rest of the year. Meanwhile, Nvidia is reportedly ramping up production of its AI chips to meet rising demand from Chinese markets. Wall…
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U.S. Dollar Gains Ground, Euro Slips After U.S.-EU Trade Pact
The U.S. dollar rose for a second day on Tuesday, buoyed by a newly inked trade agreement between the United States and the European Union. Meanwhile, the euro continued its slide as investors reassessed the implications of the deal and looked ahead to the Federal Reserve’s policy meeting. By 04:10 ET (08:10 GMT), the Dollar…
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Oil Prices Stabilize After Surge Driven by Trump’s Russia Ultimatum and Trade Optimism
Oil prices steadied during early trading in Asia on Tuesday, following a sharp rally the previous day. The gains were driven by renewed geopolitical tensions and improved sentiment around U.S. trade negotiations, both of which bolstered the outlook for global energy demand. Crude futures remained elevated after U.S. President Donald Trump escalated pressure on Russia,…
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Stock Market Today: S&P 500 Ends Flat Ahead of ‘Magnificent Seven’ Earnings, Fed Decision
The S&P 500 closed flat on Monday as investors digested a major U.S.-EU trade deal and looked ahead to a packed week featuring earnings from key tech giants and a pivotal Federal Reserve policy meeting. At the close, the Dow Jones Industrial Average slipped 64 points, or 0.1%, the S&P 500 was unchanged, and the…
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Nasdaq, S&P 500 End Choppy Trading Day At New Record Closing Highs
After moving modestly higher early in the session, stocks turned in a relatively lackluster performance over the course of the trading day on Monday. Despite the choppy trading, the Nasdaq and the S&P 500 reached new record closing highs. The Nasdaq rose 70.27 points or 0.3 percent to 21,178.58 and the S&P 500 (SPI:SP500) inched…