Category: Latest News
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Oil Pulls Back as Russian Exports Restart; Market Evaluates Sanctions Fallout
Oil prices slipped on Tuesday, easing nearly 1% after supply fears diminished when loadings resumed at a key Russian export hub that had been briefly disrupted by a Ukrainian drone and missile strike. Traders also continued to weigh how Western sanctions could reshape Russian crude flows in the months ahead. By 07:20 GMT, Brent crude…
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Gold Declines as Rate-Cut Expectations Fade; Traders Look to September Jobs Report
Gold prices retreated in Asian trading on Tuesday, adding to recent weakness as traders grew increasingly doubtful that the Federal Reserve will move ahead with a December rate cut. The shift in expectations strengthened the U.S. dollar, reducing appetite for non-yielding assets such as gold. Uncertainty ahead of this week’s long-delayed September nonfarm payrolls report…
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Dollar Moves Lower After Dovish Fed Comments; Investors Await Key U.S. Data Releases
The U.S. dollar softened on Tuesday, pressured by dovish commentary from a Federal Reserve official as traders looked ahead to a series of economic releases that could shape expectations for the Fed’s final policy decision of the year. At 04:15 ET (09:15 GMT), the Dollar Index — which measures the greenback against six major peers…
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. Futures Extend Slide as Market Turbulence Continues; Home Depot Earnings and Microsoft’s AI Showcase Ahead
U.S. equity futures drifted lower early Tuesday, signaling another rough session after a global wave of risk-off sentiment hit stocks, commodities, and cryptocurrencies. The pullback comes as investors rethink whether the massive surge in enthusiasm for artificial intelligence can continue, with major U.S. benchmarks breaking below a widely watched technical threshold on Monday. Attention now…
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U.S. Stocks Slump To Lowest Closing Levels In A Month
After showing a lack of direction early in the session, stocks moved sharply lower over the course of the trading day on Monday. The major averages all showed notable moves to the downside, falling to their lowest closing levels in a month. The major averages climbed off their lows going into the end of the…
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Dell broadens AI infrastructure lineup through deeper NVIDIA collaboration
Dell Technologies (NYSE:DELL) has unveiled a new round of upgrades to its Dell AI Factory with NVIDIA platform, rolling out enhanced storage integrations, refreshed server options, and expanded automation tools aimed at large-scale enterprise AI deployments. The company said its ObjectScale and PowerScale storage solutions now work with NVIDIA’s NIXL library, part of NVIDIA Dynamo,…
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GoodRx stock ticks up after launching weight-loss subscription service
GoodRx Holdings Inc. (NASDAQ:GDRX) saw its shares inch 1.7% higher in Monday’s premarket session after unveiling a pair of new initiatives designed to make GLP-1 weight-loss drugs more attainable for U.S. consumers. The prescription-savings platform introduced GoodRx for Weight Loss, a subscription-based telehealth program that links users with licensed clinicians for obesity-care evaluations, prescriptions, and…
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Genius Group stock rises after filing market-manipulation lawsuit
Genius Group Ltd (AMEX:GNS) jumped 17% in premarket trading on Monday after the ed-tech company, which incorporates AI into its platform, revealed that it has filed a class-action lawsuit accusing two major market-making firms of manipulating its stock. The complaint—submitted in the U.S. District Court for the Southern District of New York—alleges that Citadel Securities…
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FTAI Aviation stock rises on strategic AI partnership with Palantir
FTAI Aviation Ltd (NASDAQ:FTAI) edged higher in Monday’s premarket trading, gaining 2.3% after unveiling a multi-year collaboration with Palantir Technologies (NYSE:PLTR) aimed at deploying advanced AI tools throughout its global engine maintenance network. Under the agreement, FTAI will adopt Palantir’s Artificial Intelligence Platform (AIP) to streamline operations ranging from maintenance planning to parts management. The…
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Wolfspeed shares tick higher after unveiling new high-performance SiC power modules
Wolfspeed Inc (NYSE:WOLF) edged up 2.1% in premarket trading on Monday after the company introduced a new line of 1200V silicon carbide (SiC) six-pack power modules aimed at high-power inverter applications. The latest devices, built on Wolfspeed’s Gen 4 SiC MOSFET platform, are designed to deliver a major performance boost, offering triple the power cycling…