Category: Latest News
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Rio Tinto puts $2.4 billion Serbian lithium project on hold as new CEO reshapes priorities
Rio Tinto (NYSE:RIO) has decided to halt further development of its $2.4 billion Jadar lithium project in Serbia, marking one of the first major strategic shifts under new Chief Executive Simon Trott, who is pushing to refocus the company on nearer-term growth options. The Jadar deposit, discovered by Rio Tinto geologists in 2004, has long…
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Lantern Pharma to Spotlight AI Drug-Development Platforms at UNT’s First AI4BM Symposium
Lantern Pharma Inc. (NASDAQ:LTRN) is set to showcase two of its commercially deployed artificial intelligence platforms at the University of North Texas’ inaugural AI for Biology and Medicine (AI4BM) symposium, the biotech company announced Thursday. The event is hosted by Dr. Serdar Bozdag and UNT’s new Center for Computational Life Sciences, and is expected to…
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Oil slips as U.S. crude stocks rise and OPEC warns of 2026 oversupply
Oil prices softened again on Thursday, adding to the sharp declines seen in the previous session, after fresh data pointing to higher U.S. crude inventories deepened worries that global supply continues to outpace demand. By 06:45 GMT, Brent crude futures were steady at $62.71 per barrel, unchanged after Wednesday’s 3.8% drop. U.S. West Texas Intermediate…
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Gold climbs past $4,200/oz as uncertainty lingers despite U.S. government reopening
Gold prices strengthened during Thursday’s Asian session, extending their recent upward trend as traders continued to grapple with uncertainty surrounding the U.S. economic outlook—even after lawmakers voted to end the nation’s longest-ever government shutdown. The metal has been on a steady rise over the past week, bolstered by a series of weak private-sector labor indicators…
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Dollar pulls back as U.S. government reopens; sterling finds little momentum
The U.S. dollar edged lower on Thursday after President Donald Trump signed legislation to end the nation’s longest government shutdown, lifting risk sentiment, while the British pound struggled to gain traction following weak U.K. growth figures. At 03:50 ET (08:50 GMT), the Dollar Index — which measures the greenback against six major counterparts — slipped…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Trump signs bill ending U.S. shutdown; Cisco boosts guidance: what’s moving markets
U.S. equity futures edged higher early Thursday after President Donald Trump signed a funding measure that formally ends the longest federal government shutdown in the nation’s history. With Washington finally reopening, traders are preparing for a wave of delayed economic releases—though the White House has already cautioned that some key October indicators may never appear.…
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NEO Battery Materials: Making companies like Rheinmetall and Mercedes-Benz less dependent on China’s battery market
The next wave of the industrial revolution is being driven by high-performance batteries. They are the lifeblood of booming sectors such as electromobility, autonomous drones, and AI-powered factories. Investors who back the companies developing and integrating these advanced energy storage systems are positioning themselves at the forefront of a megatrend worth billions. Battery innovator NEO…
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U.S. Stocks Close Mixed For Second Straight Day
Following the mixed performance seen during Tuesday’s session, the major U.S. stock indexes once again moved in opposite directions during trading on Wednesday. While the Dow climbed to a near record closing high, the tech-heavy Nasdaq showed another moderate move to the downside. The Nasdaq fell 61.84 points or 0.3 percent to 23,406.46, but the…
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AMD Shares Surge Over 10% After Laying Out Bold AI Data Center Growth Plans
Advanced Micro Devices (NASDAQ:AMD) jumped more than 10% in early U.S. trading Wednesday, after unveiling ambitious long-term growth targets at its first financial analyst day in three years. The stock has already climbed 16% since early October, when AMD signed a multiyear partnership with OpenAI, the creator of ChatGPT — a deal expected to generate…
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Knightscope Shares Climb After Reaching $1 Million in New Contracts and Renewals
Knightscope Inc. (NASDAQ:KSCP) shares rose 6.4% on Wednesday after the security technology firm announced it had surpassed the $1 million mark in combined new contracts and client renewals. The milestone reflects strong momentum across the company’s Emergency Communication Device (ECD) and Autonomous Security Robot (ASR) segments, underscoring expanding adoption of its technology-driven safety solutions. Knightscope…