Category: Latest News
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Long-Term Gold Outlook: Trends and Forecasts Through 2028
Gold has long stood as a symbol of wealth, value, and financial resilience. Beyond its beauty and use in jewelry, it plays a vital role in technology and continues to serve as a trusted hedge during periods of economic uncertainty. With a track record of preserving wealth for thousands of years, gold remains an attractive…
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Dow Jones, S&P, Nasdaq, Markets React Positively to Israel-Iran Ceasefire; Attention Turns to Powell’s Congressional Testimony
U.S. stock futures climbed Tuesday amid growing optimism after President Donald Trump announced a ceasefire between Israel and Iran. Although the market mood improved, doubts linger about how long the truce will last. Oil prices dropped sharply following the news, while gold declined as investors moved away from traditional safe havens. Meanwhile, focus shifts to…
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Gold Prices Fall Over 1% as Israel-Iran Ceasefire Boosts Market Confidence
Gold prices experienced a notable drop during Tuesday’s Asian trading session, as news of a ceasefire between Israel and Iran eased geopolitical tensions and encouraged investors to move away from safe-haven assets toward riskier opportunities. By 02:00 ET (06:00 GMT), spot gold had declined by 1.1% to $3,332.57 per ounce, reaching its lowest point since…
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Dollar Dips on Ceasefire Hopes, Pound Climbs Amid Inflation Concerns
The U.S. dollar weakened on Tuesday as global markets reacted positively to news of a ceasefire between Israel and Iran, sparking a widespread appetite for riskier assets. The Dollar Index declined by 0.3% to 97.752 at 08:00 GMT, though it remains higher for the week overall. Former U.S. President Donald Trump’s confirmation of the ceasefire…
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KB Home Lowers Full-Year Forecast Amid Declining Sales and Deliveries
KB Home (NYSE:KBH) posted second-quarter earnings that surpassed analyst expectations, yet its shares dipped slightly in early trading on Tuesday after the company trimmed its full-year guidance. For the quarter ending May 31, 2025, the homebuilder reported earnings per share of $1.50, edging past the consensus estimate of $1.46. Revenue totaled $1.53 billion, matching forecasts…
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Apple Faces Securities Class Action Lawsuit Over Siri AI Delay
Apple has been hit with a lawsuit alleging that executives misled investors about the AI-enhanced Siri features. The complaint claims Apple lacked a working prototype for the eagerly anticipated updates to Siri linked to the iPhone 16, leading to inflated financial expectations. This situation has caused a significant backlash as Apple has removed promotional material…
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US Markets Move on Israel-Iran Ceasefire and Powell Testimony
U.S. stock futures pointed to a higher open on Tuesday as investors reacted positively to President Donald Trump’s announcement of a ceasefire between Israel and Iran. While the move lifted sentiment and reduced concerns over a broader conflict in the Middle East, questions remain about the durability of the truce. Meanwhile, Federal Reserve Chair Jerome…
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Wall Street Shrugs Off Bombing, Rises On Rate Cut Hopes
After some early indecision, investors rallied late in the day to push Wall Street higher on Monday. The major averages opened lower and hugged the unchanged line for much of the day as investors waited for Iran’s response to the weekend U.S. air strikes on its nuclear sites. Reports suggesting that Iran may block the…
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Bitcoin Price News: BTC Recovers After Iran Attacks U.S. Airbase – Is It a Safe Haven?
Bitcoin (BTC) has risen 3.2% in 24 hours, surpassing $100,000 following Iran’s attack on a U.S. airbase. The surge comes after short positions were liquidated during the weekend, with the market eyeing Bitcoin as a potential safe haven amid rising geopolitical tensions. Bitcoin, the flagship cryptocurrency known as BTC, has gained traction lately. Up 3.2%…
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Stock Market Advances as Oil Prices Plunge Following Iran Strike
The SP500 gains ground as oil prices plummet, influenced by comments from Fed’s Bowman suggesting possible rate cuts. While manufacturing PMI remains stable, services PMI drops slightly. NASDAQ benefits from Tesla’s jump due to its robotaxi launch, and Dow Jones rises on tech stock demand. The article concludes with insights from veteran trader Vladimir. The…