Category: Latest News

The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a notably lower open for the markets on Friday, with stocks likely to show a significant move back to the downside after ending the previous session modestly higher. Geopolitical concerns are likely to weigh on Wall Street early in…

Gold prices rallied sharply in early Friday trading in Asia, as escalating tensions in the Middle East triggered a wave of safe-haven buying. The surge followed a large-scale Israeli airstrike on Iranian military and nuclear targets, sparking fears of broader regional conflict. As of 10:50 p.m. ET, spot gold was up 1.5%, reaching $3,436.97 per…

Crude oil prices spiked sharply in early Asian trading on Friday after Israel launched a large-scale military assault on Iran, amplifying fears of a broader conflict in the Middle East that could disrupt global energy flows. As of 9:22 p.m. ET, July Brent crude contracts surged 8.5% to $75.15 per barrel—marking the highest level since…

U.S. stock futures tumbled early Friday as geopolitical tensions flared following a large-scale Israeli airstrike on Iran. The move, which targeted multiple military and nuclear sites, sparked a sharp rally in oil prices and rattled investor confidence, contributing to a broad sell-off across markets. Futures Decline Amid Geopolitical Jitters By 3:45 a.m. ET, major U.S.…

Tesla (NASDAQ:TSLA) has increased the prices of its Model S and Model X vehicles in the United States, according to updates on the company’s official website. The Model S All-Wheel Drive (AWD) now starts at $84,990, a $5,000 jump from its previous price tag of $79,990. Similarly, the high-performance Model S Plaid has been raised…

Apple (NASDAQ:AAPL) saw a notable 15% increase in iPhone sales globally over April and May, reaching its strongest two-month performance since the onset of the COVID-19 pandemic, according to preliminary figures from Counterpoint Research. The tech giant secured the top spot in China’s smartphone market in May, underscoring a strong rebound in its two largest…

Gold has overtaken the euro to become the world’s second most-held reserve asset—behind only the U.S. dollar—according to a new report from the European Central Bank (ECB). The shift reflects record central bank purchases and a sharp rise in gold prices. In its annual currency review, the ECB revealed that by the end of 2024,…

Philip Morris International Inc. (NYSE:PM) hit a new all-time high, with its shares climbing to $183.96, marking a significant achievement for the global tobacco leader. The company boasts a hefty market cap of $285 billion and maintains robust gross profit margins close to 66%, underscoring its dominant position in the market. Over the past year,…

Campbell Soup Company (NYSE:CPB) stock has fallen to a fresh 52-week low of $32.92, marking a sharp decline over the past year with a drop of 24.3%. This price level signals a notable pullback from previous highs, prompting analysts to weigh in with a range of price targets spanning from $32 to $62, suggesting the…