Category: Latest News
-
Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Mixed as U.S. CPI, ECB Decision, and Adobe Earnings Loom
U.S. stock futures rose modestly Thursday as investors prepared for crucial inflation data that could shape the Federal Reserve’s next moves. Meanwhile, the European Central Bank is expected to leave rates unchanged in its policy announcement later in the day. Adobe (NASDAQ:ADBE), the creator of Photoshop and Acrobat Pro, will also draw attention when it…
-
Gold Near Record Highs as Investors Bet on Fed Rate Cuts Ahead of CPI Data
Gold prices held close to historic peaks on Thursday, despite a modest pullback in Asian trading, as investors weighed upcoming U.S. inflation data against strong expectations for a Federal Reserve interest rate cut next week. Spot gold fell 0.4% to $3,627.59 per ounce by 02:04 ET (06:04 GMT), while December U.S. gold futures slipped 0.5%…
-
Bitcoin Jumps to $114K as Investors Bet on Fed Rate Cuts Ahead of CPI Release
Bitcoin (COIN:BTCUSD) extended gains on Thursday, climbing to $114,076.8 as softer U.S. producer price data fueled hopes that the Federal Reserve may soon ease interest rates. Market focus is shifting to the upcoming August consumer price index (CPI) report for additional insight into inflation trends. The world’s largest cryptocurrency led gains across major digital assets,…
-
Oil Prices Hold Steady After Earlier Gains Amid Global Tensions
Oil prices held steady in Asian markets on Thursday following strong gains earlier in the week, driven by escalating geopolitical tensions in Russia and the Middle East, which raised concerns over potential supply disruptions. Despite the rally, traders remained cautious due to fears of oversupply. U.S. data showing an unexpected build of 3.93 million barrels…
-
Gemini Raises IPO Price Range, Anticipates $433 Million in Fundraising
Cryptocurrency exchange Gemini, founded by Cameron and Tyler Winklevoss, has increased the price range for its upcoming initial public offering, scheduled for Friday. Shares are now expected to be priced between $24 and $26, up from the prior range of $17 to $19. With this adjustment, Gemini could raise as much as $433 million, valuing…
-
S&P 500, Nasdaq Pull Back Off Best Levels But Still Reach Record Closing Highs
Stocks moved mostly higher early in the session on Wednesday but gave back ground over the course of the trading day. The S&P 500 and the Nasdaq pulled back well off their best levels but still managed to end the day at new record closing highs. The S&P 500 (SPI:SP500) rose 19.43 points or 0.3…
-
The Trade Desk Shares Slip Following Amazon-Netflix Advertising Deal
Shares of The Trade Desk (NASDAQ:TTD) fell 7% after news emerged that Amazon Ads (NASDAQ:AMZN) and Netflix (NASDAQ:NFLX) are partnering to offer advertisers access to Netflix’s premium ad inventory via Amazon’s demand-side platform (DSP). The collaboration, announced today, will allow brands to buy Netflix ad space programmatically through Amazon DSP starting in Q4 2025. The…
-
Amazon Stock Slides as Oracle Gains Ground in AI Market
Shares of Amazon (NASDAQ:AMZN) fell as much as 3% on Wednesday morning, despite broader Nasdaq strength, as investors voiced concerns over potential AI market share erosion to Oracle (NYSE:ORCL). The e-commerce and cloud computing leader’s stock declined while Oracle surged 40% following a strong quarterly performance. Analysts note that Oracle’s neutral stance in the AI…
-
Reddit Stock Hits Record Peak at $253.57
Shares of Reddit Inc. (NYSE:RDDT) have surged to an all-time high of $253.57, giving the social media company a market capitalization of $47.12 billion. Over the past year, the stock has delivered a remarkable return of more than 320%, signaling strong investor confidence in Reddit’s growth trajectory. The company boasts gross profit margins of 91%,…
-
Wearable Devices Obtains U.S. Patent for Next-Gen AI Wearables
On September 10, 2025, Wearable Devices Ltd. (NASDAQ:WLDS) revealed that it has been granted a U.S. patent for its advanced voice and gesture control technology. This innovation combines gesture recognition with voice commands and biometric authentication, offering a more natural and secure way for users to interact with smart devices. The patent strengthens the company’s…