Category: Latest News

BlackRock (NYSE:BLK) delivered third-quarter results that exceeded Wall Street expectations, fueled by record inflows into its exchange-traded funds (ETFs) and robust performance across multiple business lines. The world’s largest asset manager reported earnings of $11.55 per share for Q3, surpassing consensus estimates of $11.31. Revenue climbed 25% year-over-year to $6.51 billion, above projections of $6.29…

JD.com (NASDAQ:JD) announced plans to unveil a new vehicle developed in partnership with Contemporary Amperex Technology Co. Limited (CATL) and GAC Group, according to a company statement posted on Weibo. Public test drives are set to begin at the end of October, with the official launch slated for November 9. A JD spokesperson emphasized that…

Bitcoin-related equities dropped in premarket trading on Tuesday as cryptocurrencies extended their decline amid renewed friction between the United States and China. Shares of Strategy fell 3.7%, Circle Internet lost 3%, and Bullish slipped 4%. Among publicly traded miners and exchanges, Riot Platforms (NASDAQ:RIOT) declined 4.2%, MARA Holdings (NASDAQ:MARA) fell 3.9%, and Coinbase (NASDAQ:COIN) slid…

Shares of U.S.-listed critical mineral producers surged in premarket trading on Tuesday after China unveiled new retaliatory actions against the U.S. shipping sector, underscoring escalating trade tensions between the two largest economies in the world. Rare earth stocks led the rally: Critical Metals (NASDAQ:CRML) jumped 37% ahead of the opening bell, while USA Rare Earth…

Google, a subsidiary of Alphabet Inc. (NASDAQ:GOOGL), announced Monday that it will invest $9 billion in South Carolina to expand its artificial intelligence infrastructure and strengthen its presence in the state. The multiyear investment will run through 2027 and focus on scaling operations at Google’s existing data center campus in Berkeley County, while also supporting…

The National Highway Traffic Safety Administration (NHTSA) announced on Tuesday that it has officially closed its recall investigation involving more than 456,000 vehicles from Ford Motor Company (NYSE:F), which had been launched following reports of sudden engine power loss. The probe focused on Ford Bronco Sport and Maverick models. The agency said the decision to…

BP (NYSE:BP) raised its third-quarter production guidance on Tuesday, pointing to stronger upstream performance supported by increased output from both its oil and gas and low-carbon operations. Higher gas production at its U.S. shale unit, bpx energy, is expected to be a major factor behind the improvement. The company had previously indicated output could dip…

Vodafone Group Plc (LSE:VOD) and Ericsson (NASDAQ:ERIC) have unveiled a new five-year strategic partnership focused on upgrading Vodafone’s network infrastructure in key European markets, advancing its 5G capabilities and network performance. Under the agreement, Ericsson will become Vodafone’s exclusive radio access network (RAN) supplier in Ireland, the Netherlands, and Portugal, while retaining a key vendor…

The U.S. dollar saw its highest investor demand of the year last week, according to data from Bank of America released Monday, as geopolitical and economic concerns in Japan and France fueled a shift toward the safe-haven currency. The move was largely driven by hedge funds and asset managers, with traders increasing long dollar positions…

Gold prices held steady in Asian trading on Tuesday after spiking to an all-time high above $4,100 per ounce earlier in the day, as escalating trade frictions between the U.S. and China intensified investor demand for safe-haven assets. Silver followed a similar path, briefly touching new peaks before reversing course. Spot gold rose 0.4% to…