Category: Latest News
-
Gold Prices Hover Near Record High as Trade Tensions Intensify
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…
-
Oil Prices Drop as U.S.–China Trade Dispute Stokes Demand Concerns
Crude prices slipped on Tuesday, reversing earlier gains, as investors grew increasingly uneasy over intensifying trade frictions between the U.S. and China — a development that could dampen global energy demand. Brent crude futures declined 28 cents, or 0.4%, to $63.04 a barrel by 06:30 GMT, while U.S. West Texas Intermediate fell 23 cents, or…
-
Dow Jones, S&P, Nasdaq, Wall Street, U.S. Futures Dip Ahead of Major Bank Earnings, Powell Remarks, and Record Gold Rally
U.S. stock index futures edged lower on Tuesday as investors awaited a heavy slate of earnings from major Wall Street banks and a closely watched speech from Federal Reserve Chair Jerome Powell. The cautious tone comes amid rising U.S.–China trade tensions, fresh gains in gold prices, and a pullback in oil. Futures Weaken as Risk…
-
U.S. Stocks Show Substantial Rebound After Last Friday’s Sell-Off
After moving sharply higher early in the session, stocks continue to turn in a strong performance throughout the trading day on Monday. The major averages all showed strong moves to the upside, partly offsetting the steep losses posted last Friday. The major averages moved roughly sideways after the early surge, hovering near their best levels…
-
SPAC News From The Last Seven Days
The Last Week’s Deals Haymaker Acquisition Corp. 4 (NYSE:HYAC) has announced it will acquire Suncrete, a pure-play ready-mix concrete company which is strategically positioned across Arkansas and Oklahoma. The deal reflects an enterprise value of $973mm and includes an $83mm PIPE, and is expected to close in the first quarter of 2026. Goldenstone Acquisition Ltd.…
-
Vertiv Holdings Co Shares Gain After Naming New CFO
Shares of Vertiv Holdings Co (NYSE:VRT) climbed 3.1% on Monday after the company announced the appointment of Craig Chamberlin as its new Executive Vice President and Chief Financial Officer, effective November 10, 2025. Chamberlin joins Vertiv from Wabtec Corporation, where he served as Group Vice President and CFO of the Transit segment. He succeeds David…
-
Caterpillar Inc Stock Climbs After Announcing Acquisition of RPMGlobal Holdings Limited
Shares of Caterpillar Inc (NYSE:CAT) gained 2.4% in premarket trading Monday after the company said it has reached an agreement to acquire Australian mining software company RPMGlobal Holdings Limited (ASX:RUL). The acquisition aims to boost Caterpillar’s technological footprint in the mining industry by integrating RPMGlobal’s advanced data-driven software solutions, which cover key phases of the…
-
Beyond Meat Shares Plunge After Early Debt Exchange Settlement
Shares of Beyond Meat (NASDAQ:BYND) collapsed more than 60% on Monday after the company announced the early settlement of its convertible debt exchange offer, part of a broader push to ease its heavy debt burden. The plant-based meat producer said nearly 97% of bondholders agreed to swap their existing 0% Convertible Senior Notes due 2027…
-
Bicara Therapeutics Inc. Shares Surge After FDA Grants Breakthrough Therapy Designation
Shares of Bicara Therapeutics Inc. (NASDAQ:BCAX) jumped 9.4% in Monday premarket trading after the company announced that its investigational cancer therapy ficerafusp alfa has received Breakthrough Therapy Designation (BTD) from the U.S. Food and Drug Administration (FDA). The designation applies to ficerafusp alfa in combination with pembrolizumab as a first-line treatment for patients with metastatic…
-
American Battery Technology Company Shares Surge After Completing NEPA Baseline Studies
Shares of American Battery Technology Company (NASDAQ:ABAT) jumped 23% Monday after the company announced it has completed all required National Environmental Policy Act (NEPA) baseline studies for its Tonopah Flats Lithium Project in Nevada — a key step toward advancing one of the largest lithium developments in the U.S. The company said it has submitted…