Category: Latest News

Advanced Micro Devices (NASDAQ:AMD) surged roughly 17% in premarket trading on Wednesday after the chipmaker delivered quarterly results and forward guidance that exceeded Wall Street expectations, driven largely by booming demand from the artificial intelligence sector. Investor enthusiasm accelerated after chief executive Lisa Su highlighted strong momentum in AMD’s server and data center operations during…

Rivian (NASDAQ:RIVN) is working on new versions of its upcoming R2 electric vehicle lineup, according to comments from the company’s chief executive reported by Reuters, shortly after Rivian began volume production of the lower-cost SUV platform. The automaker, which built its reputation around premium R1 electric pickups and SUVs, is targeting initial deliveries of the…

Novo Nordisk (NYSE:NVO) raised its full-year guidance on Wednesday, citing continued strong demand for its obesity and diabetes treatments despite softer underlying first-quarter results caused by pricing pressure. The pharmaceutical group said it now expects adjusted sales and operating profit for 2026 to decline between 4% and 12% at constant exchange rates, representing a narrower…

Copper prices moved higher on Wednesday after U.S. President Donald Trump signalled progress toward a possible peace deal with Iran, easing investor concerns over the broader economic fallout from the conflict. Nickel prices also climbed, reaching the $2,000 level for the first time in roughly two years. Three-month copper futures on the London Metal Exchange…

Oil prices continued to fall on Wednesday after U.S. President Donald Trump suggested that negotiations with Iran were making progress, raising expectations that disrupted Middle Eastern oil supply could eventually return to global markets. Brent crude futures dropped $6.70, or 6.1%, to $103.17 a barrel by 08:56 GMT after earlier touching their lowest level in…

Gold prices moved sharply higher during Asian trading on Wednesday, helped by a softer U.S. dollar and falling oil prices after fresh signs of de-escalation in the Middle East eased immediate inflation fears. Spot gold climbed 2.3% to $4,663.85 per ounce by 02:51 ET (06:51 GMT), while U.S. Gold Futures for June gained 1.7% to…

Gold as a Geopolitical Shock Absorber: Nevada Provides the Answer While geopolitical tensions cause asset prices to fluctuate wildly, the structural investment case for gold remains intact: the precious metal continues to serve as a macroeconomic hedge. In this environment, safe jurisdictions like Nevada are increasingly attracting institutional capital flows. Naturally, projects that can demonstrate…