Category: Latest News

Trump Media (NASDAQ:DJT), the media company associated with U.S. President Donald Trump, is facing a federal lawsuit over a subscription service that allegedly gives paying customers faster access to Trump’s Truth Social posts concerning U.S. policy decisions. Lawsuit challenges early access to policy information The lawsuit was filed in federal court on Wednesday by several…

Nebius Group (NASDAQ:NBIS) shares soared 34.14% on Wednesday, August 12, closing at $259.20 and reaching their highest level since June 30, after the AI-focused cloud infrastructure provider delivered second-quarter results that substantially exceeded market expectations. Revenue surges as AI demand accelerates The sharp rally followed results released before the opening bell, with Nebius reporting a…

WeRide (NASDAQ:WRD) shares dropped 6.4% on Thursday after the autonomous driving company’s second-quarter results fell short of investor expectations, despite delivering substantial revenue growth. Strong revenue growth fails to lift sentiment WeRide reported an 82% year-over-year increase in revenue, while sales more than doubled compared with the previous quarter. Growth was supported by the company’s…

Gold prices moved lower on Thursday after reaching their highest level in more than two months, as investors balanced encouraging U.S. inflation data against concerns that elevated energy costs could keep the Federal Reserve cautious about the path for interest rates. At 01:54 ET (05:54 GMT), XAU/USD fell 0.5% to $4,388.64 an ounce, while Gold…

Oil prices moved lower on Thursday as investors weighed a softer global demand outlook and a sharp increase in U.S. crude inventories against continuing supply risks linked to the Strait of Hormuz and disruptions elsewhere. Brent futures fell 91 cents, or 1%, to $88.07 a barrel at 0800 GMT, trimming gains accumulated over the previous…