Category: Latest News
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Nvidia Tightens Asian Customer Approvals as US Chip Export Controls Intensify (NVDA)
Nvidia (NASDAQ:NVDA) has reportedly reduced by more than half the number of authorised customers in Asia permitted to purchase its artificial intelligence chips, as the company strengthens compliance measures in response to tighter US export controls, according to a report by the Financial Times citing people familiar with the matter. The changes are part of…
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CleanSpark Secures $6.6 Billion Data Centre Lease as Shares Surge in Premarket Trading (CLSK)
CleanSpark Inc. (NASDAQ:CLSK) announced a long-term infrastructure lease worth an estimated $6.6 billion, sending its shares around 15% higher in premarket trading on Tuesday as investors welcomed the company’s expansion into digital infrastructure. The agreement covers a 20-year lease at CleanSpark’s Sandersville, Georgia campus with an unnamed global technology company. The contract also includes two…
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AngioDynamics Tops Revenue Forecasts and Raises Sales Outlook for Fiscal 2027 (ANGO)
AngioDynamics Inc. (NASDAQ:ANGO) delivered stronger-than-expected fourth-quarter results on Tuesday, beating Wall Street forecasts for both revenue and adjusted earnings while issuing an upbeat sales outlook for fiscal 2027. The medical technology company’s shares rose 1.33% in premarket trading following the earnings release. Fourth-Quarter Revenue Exceeds Expectations For the quarter ended 31 May 2026, AngioDynamics reported…
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Tower Semiconductor Unveils $3 Billion Japan Expansion to Boost AI Chip Production (TSEM)
Tower Semiconductor (NASDAQ:TSEM) has announced plans to invest $3 billion to expand its semiconductor manufacturing footprint in Japan, with the project receiving $1 billion in financial support from the Japanese government. The announcement sent the company’s U.S.-listed shares more than 18% higher in premarket trading as investors welcomed the move to increase production capacity for…
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Spero Therapeutics Lands $105 Million Royalty Financing to Advance SP001 Development (SPRO)
Spero Therapeutics, Inc. (NASDAQ:SPRO) has entered into a $105 million non-recourse, non-dilutive royalty financing agreement with affiliates of HealthCare Royalty (HCRx), a company majority owned by KKR & Co. Inc. (NYSE:KKR), providing fresh capital to support its clinical pipeline without issuing new shares. Financing Backed by Future Utebzi Royalties The agreement gives HCRx the right…
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Gold Rebounds From Two-Week Low as Markets Await US Inflation Data
Gold prices moved higher on Tuesday after briefly touching their lowest level in two weeks, with bargain buying emerging following Monday’s sharp decline as investors looked ahead to key US inflation figures and testimony from Federal Reserve Chair Kevin Warsh. Ongoing tensions in the Middle East and expectations that US interest rates could remain elevated…
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Oil Climbs to Four-Week High as Rising US-Iran Tensions Renew Supply Concerns
Oil prices advanced to their highest levels in four weeks on Tuesday after renewed hostilities between the United States and Iran increased concerns over the security of energy shipments through the Strait of Hormuz. Brent crude futures gained $2.74, or 3.29%, to $86.04 a barrel by 07:51 GMT, while US West Texas Intermediate (WTI) crude…
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Earnings, Inflation and Iran Tensions Set the Tone for US Markets: Dow Jones, S&P, Nasdaq, Wall Street Futures
US stock futures traded mixed on Tuesday as investors weighed renewed geopolitical tensions between the United States and Iran ahead of a week packed with major earnings releases, key inflation data and fresh signals from the Federal Reserve. Markets are preparing for the unofficial start of the second-quarter earnings season with results from the largest…
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Boron’s critical moment: Tight supply, rising demand, and major opportunity
For decades, boron has quietly supported some of the world’s most important industries. It strengthens armour plating and advanced military materials, improves agricultural yields, enhances permanent magnets used in modern technology, and plays a vital role in residential construction through fibreglass insulation and specialty glass products. This article is disseminated in partnership with Boron One.…
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Dow, S&P 500 and Nasdaq Slide as Trump Reimposes Iran Blockade and Oil Prices Surge
Wall Street closed lower on Monday as President Trump’s decision to reinstate a naval blockade on Iranian shipping through the Strait of Hormuz sent oil prices sharply higher and rattled investors already nervous about stretched valuations in the technology sector. All three major indexes finished in the red, with semiconductor stocks leading the retreat while…