Category: Latest News
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Gold Reclaims $5,000/oz as U.S.–Iran Tensions Rekindle Safe-Haven Buying
Gold prices surged back above the $5,000-an-ounce mark in Asian trading on Wednesday, as renewed signs of strain between the United States and Iran revived demand for traditional safe havens. The precious metal added to gains after staging a sharp rebound from losses in the previous session, with bargain-hunting also supporting prices following last week’s…
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Oil Surges More Than 1% as U.S.–Iran Frictions Intensify; Sharp U.S. Stock Draw Adds Support
Oil prices climbed strongly in Asian trading on Wednesday, driven by mounting geopolitical tensions between the United States and Iran that have raised fears of possible supply disruptions in the Middle East. Prices were further supported by industry data pointing to an unexpectedly steep decline in U.S. crude inventories, after severe winter weather disrupted production.…
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Bitcoin Slides to Around $76k After Heavy Liquidations Drag It to 15-Month Lows
Bitcoin (COIN:BTCUSD) hovered just above 15-month lows on Wednesday after an aggressive sell-off drove the cryptocurrency briefly toward the $73,000 mark, triggering a wave of liquidations amid a broader pullback in risk appetite. The world’s largest digital asset was last down 2.8% at $76,509.1 as of 01:56 ET (06:56 GMT), after earlier touching $73,004.3—its weakest…
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Software Shares Slide as Alphabet Earnings Loom; Gold Rebounds: Dow Jones, S&P, Nasdaq, Wall Street Futures
Futures tied to major U.S. equity indices were modestly higher, even as a sharp sell-off in software stocks and looming earnings from big technology names shaped market sentiment. Investors are awaiting quarterly results from Google parent Alphabet (NASDAQ:GOOG), due after the opening bell, with particular focus on spending plans linked to artificial intelligence. Elsewhere, reports…
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Uranium rush in the Athabasca Basin: Stallion Uranium follows in the footsteps of NexGen Energy – an opportunity for Cameco too?
Uranium rush in the Athabasca Basin: Stallion Uranium Corp. (TSXV:STUD) (USOTC:STLNF) follows in the footsteps of NexGen Energy – an opportunity for Cameco too? The global energy industry is currently experiencing a renaissance that seemed unthinkable just a few years ago. Driven by the insatiable appetite for electricity of AI data centers and the geopolitical imperative…
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U.S. Stocks Move To The Downside Amid Rotation Out Of Tech
Stocks moved notably lower during trading on Tuesday, more than offsetting the strength seen in the previous session. The major averages all moved to the downside on the day, with the tech-heavy Nasdaq showing a particularly steep drop. The major averages climbed well off their worst levels in the latter part of the session but…
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MSG Entertainment tops Q2 revenue forecasts as record Rockettes attendance lifts shares
Madison Square Garden Entertainment Corp. (NYSE:MSGE) posted fiscal second-quarter revenue above market expectations on Tuesday, fueled by record attendance at its Christmas Spectacular production, although earnings narrowly missed forecasts. Shares of the live entertainment group rose 1.55% in pre-market trading following the results. For the quarter ended December 31, 2025, MSG Entertainment reported revenue of…
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J&J Snack Foods climbs 3% as margin gains offset Q1 revenue and earnings miss
J&J Snack Foods Corp. (NASDAQ:JJSF) reported first-quarter results on Tuesday that came in below analyst expectations, but the stock rose nearly 3% as investors focused on improving margins and progress in the company’s transformation efforts. Shares gained 2.94% after the release, despite weaker top-line performance. For the quarter ended December 27, 2025, the snack food…
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Evotec jumps 8% after Berenberg starts coverage with “buy” on partner upside
Shares in Evotec SE (NASDAQ:EVO) climbed 8% after Berenberg initiated coverage of the German biotech group with a buy recommendation, arguing that the market is undervaluing the company’s strategic partnerships and core discovery platform. Berenberg assigned a €10 price target, well above Evotec’s previous close of €5.90 on Xetra. According to the brokerage, Evotec’s share-price…
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TransDigm shares slip even as Q1 earnings beat and outlook improves
TransDigm Group (NYSE:TDG) reported first-quarter results on Tuesday that came in ahead of analyst expectations and prompted the company to lift its full-year guidance, although the stock edged lower in pre-market trading. Shares of the aircraft components maker fell 1.12% after the release, despite solid top- and bottom-line performance. For the quarter ended December 27,…