Category: Latest News
-
Gold eases but holds near three-month high as oil and yields decline
Gold prices edged lower on Wednesday but remained close to a three-month high, with falling oil prices and lower US Treasury yields helping to ease inflation concerns as investors monitored diplomatic efforts involving Iran and Oman over the Strait of Hormuz. At 01:10 ET, or 05:40 GMT, XAU/USD was down 0.4% at $4,642.38 an ounce,…
-
Oil prices drop more than 2% on hopes of Middle East diplomatic progress
Oil prices fell sharply on Wednesday, extending losses from the previous session as reports suggested progress in diplomatic efforts to reduce hostilities in the Middle East and restore shipping through the Strait of Hormuz. Brent crude futures were down 2.6% at $86.30 a barrel by 04:17 ET, or 08:17 GMT, while US West Texas Intermediate…
-
Nvidia earnings and PCE inflation data take centre stage as oil prices slide: Dow Jones, S&P, Nasdaq, Wall Street Futures
US stock futures were subdued on Wednesday as investors prepared for Nvidia’s closely watched quarterly earnings and fresh inflation data, while signs of diplomatic progress in the Middle East pushed oil prices sharply lower. Sentiment was also shaped by an escalating trade dispute between the US and Canada, with Ottawa announcing retaliatory tariffs on hundreds…
-
Chip Rebound and Falling Yields Lift Wall Street Ahead of Nvidia Earnings
U.S. stocks closed higher on Tuesday as a rebound in technology and chipmaker shares, easing Treasury yields, and softer oil prices helped Wall Street shake off recent volatility. Investors positioned cautiously ahead of Nvidia’s closely watched earnings report on Wednesday, which many see as a key test of the artificial intelligence trade that has driven…
-
Greenland Mines Sarfartoq Initial Assessment Values Rare Earth Project at Up to $2.05 Billion
Greenland Mines (NASDAQ:GRML) has released an independent Sarfartoq Initial Assessment that values its Greenland rare earth project at up to $2.05 billion on a pre-tax NPV basis under a high-case scenario, with a 118.6% internal rate of return and a planned nine-year mine life. Key Investor Takeaways Why GRML Stock Is in Focus The independent…
-
ParaZero Secures First DefendAir Order From U.S. Federal Agency
ParaZero Technologies (NASDAQ:PRZO) has secured its first DefendAir order from a U.S. federal agency, marking the company’s entry into the U.S. government Counter-UAS market with an initial sale covering interception equipment and operator training. Key Investor Takeaways Why PRZO Stock Is in Focus The U.S. federal order represents the first sale of ParaZero’s DefendAir Counter-UAS…
-
Swvl Secures $13 Million Strategic Investment to Fund U.S. Expansion and New Lending Offering
Swvl Holdings (NASDAQ:SWVL) has secured a $13 million strategic investment led by Coefficient LP, backed by the Sawiris family, providing fresh capital to accelerate its U.S. expansion, launch a lending offering for transport operators and strengthen its balance sheet. Key Investor Takeaways Why SWVL Stock Is in Focus Swvl has agreed to issue 8,990,317 Class…
-
First Breach Completes First Drone Prototype Flight, Targets Q2 2027 Production Scale-Up
First Breach (NASDAQ:FBDT) has completed the first flight of its proprietary drone prototype and is targeting the second quarter of 2027 to begin scaling production, with planned capacity of more than 2,500 drones per week as it expands beyond ammunition into unmanned aerial systems. Key Investor Takeaways Why FBDT Stock Is in Focus The first…
-
Generation Income Properties Cuts Loci Preferred Equity Balance to About $4 Million After Asset Sales
Generation Income Properties (NASDAQ:GIPR) has continued its debt reduction strategy with two non-core property sales expected to direct approximately $4.04 million toward its Loci Capital preferred equity redemption obligation, reducing the balance to approximately $4 million from roughly $20 million in 2025. Key Investor Takeaways Why GIPR Stock Is in Focus Generation Income Properties has…
-
Alpha Modus Patent Challenge Denied, Advancing MNTN Infringement Case
Alpha Modus Holdings (NASDAQ:AMOD) has cleared an early hurdle in its patent enforcement campaign after a federal court denied MNTN’s attempt to dismiss an infringement lawsuit involving three Alpha Modus patents, allowing the case to advance toward claim construction and discovery. Key Investor Takeaways Why AMOD Stock Is in Focus The U.S. District Court for…