Category: Latest News
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Oil Prices Steady as U.S. Stock Draws Offer Support
Oil markets were largely flat on Wednesday as data indicated a decline in U.S. crude inventories last week, reinforcing expectations of tightening supplies. Brent crude futures rose slightly by 3 cents to $67.66 per barrel by 06:30 GMT, while U.S. West Texas Intermediate (WTI) futures edged up 5 cents to $63.46. Both benchmarks had advanced…
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Gold Holds Firm Near Record Levels Amid Powell Comments and Weak U.S. Data
Gold prices remained largely unchanged in Asian trading on Wednesday, staying close to recent record highs after remarks from U.S. Federal Reserve Chair Jerome Powell stirred market concerns over growth, inflation, and interest rates. Safe-haven demand for gold and other precious metals rose, while a persistently soft U.S. dollar kept metals supported. Traders also exercised…
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U.S. Stocks Give Back Ground After Powell Comments About Valuations
Stocks moved mostly lower over the course of the trading day on Tuesday, giving back ground after trending higher over the past few sessions. The major averages all moved to the downside, pulling back off Monday’s record closing highs. The tech-heavy Nasdaq led the way lower, slumping 215.50 points or 1.0 percent to 22,573.47. The…
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A U.S. launch of pioneering better-for-you gluten-free products
Have you heard of Eshbal Functional Food Inc. (TSXV:ESBL.V)? Here are five reasons why investors are starting to take notice: 1. Pioneering Gluten-Free Products Eshbal offers innovative, high-quality gluten-free, vegan, low-carb, and better-for-you foods that resonate with today’s health-conscious consumers. This article is being disseminated on behalf of Eshbal Functional Food Inc. a third-party issuer…
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Quantum Shares Jump Following Debt Restructuring Deal with Dialectic
Quantum Corporation (NASDAQ:QMCO) saw its stock rise 6.8% Tuesday after announcing a definitive agreement to restructure its outstanding term debt with Dialectic Technology SPV LLC and other lenders. The deal enables roughly $52 million of Dialectic term debt to be converted into senior secured convertible notes with a three-year maturity. It also removes the existing…
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Fitell Shares Skyrocket Following $100M Solana Treasury Launch
Fitell Corporation (NASDAQ:FTEL) stock surged 60% after the Australian fitness equipment company announced plans to launch a Solana-based digital asset treasury, supported by a $100 million financing facility. The firm said the facility will fund what it claims is the first Solana-based digital asset treasury in Australia. Fitell also plans to become the largest publicly…
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Silo Pharma Shares Surge Following Fireblocks Partnership for Crypto Treasury
Shares of Silo Pharma Inc (NASDAQ:SILO) jumped 19.9% in premarket trading Tuesday after the company revealed it had partnered with Fireblocks to serve as custodian for its institutional crypto treasury platform. The developmental-stage biopharmaceutical firm, which also manages a cryptocurrency treasury, said the collaboration will ensure its newly launched crypto treasury platform meets enterprise-grade security…
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Professional Diversity Network Shares Jump After Two Board Members Step Down
Shares of Professional Diversity Network Inc (NASDAQ:IPDN) surged 52.8% in premarket trading Tuesday following the news that two members of the company’s board have resigned. In a regulatory filing, the company confirmed that Long Yi and Eloisa Sultan stepped down from their positions as directors effective September 17, 2025. The filing noted that both directors…
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Boxlight Shares Dive After $4 Million Direct Stock Offering Announcement
Shares of Boxlight Corporation (NASDAQ:BOXL) tumbled 34.6% on Tuesday following the company’s announcement of a registered direct offering of common stock, a move that will dilute current shareholders. The educational technology firm plans to sell 1,333,333 shares at $3.00 each to selected institutional investors, aiming to raise roughly $4 million in gross proceeds before accounting…
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SoundHound AI Shares Rise Following Red Lobster AI Ordering Deal
Shares of SoundHound AI (NASDAQ:SOUN) climbed 4% on Tuesday after the company announced a partnership with Red Lobster to roll out AI-powered phone ordering across all its restaurant locations. Under the agreement, SoundHound will provide a voice AI system capable of handling multiple calls at once, taking customer orders, and answering frequently asked questions regarding…