Category: Include on Menu
-
Crypto stocks extend rally as Bitcoin jumps on US regulatory momentum
Cryptocurrency-linked shares continued their advance on Friday as Bitcoin (COIN:BTCUSD) climbed to its highest levels since late May, supported by renewed optimism over US digital asset regulation and improving appetite for risk. The latest gains followed President Donald Trump’s call for lawmakers to establish clearer rules for the cryptocurrency industry, adding regulatory momentum to a…
-
Ross Stores shares surge after strong Q2 prompts earnings guidance increase
Ross Stores (NASDAQ:ROST) shares rallied in pre-market trading after the off-price retailer delivered stronger-than-expected second-quarter sales and earnings and raised its full-year profit outlook, supported by higher customer traffic and a tariff refund. Sales for the quarter increased 13% year on year to $6.3 billion, while comparable-store sales climbed 10%, primarily reflecting stronger traffic. Net…
-
Stoke Therapeutics shares rise as JPMorgan starts coverage with Overweight rating
Stoke Therapeutics (NASDAQ:STOK) shares gained 1.4% in pre-market trading after JPMorgan initiated coverage of the biotechnology company with an Overweight rating and a $40 price target, adding another positive Wall Street view to the outlook for the RNA-focused drug developer. The initiation strengthens an already bullish analyst consensus around Stoke, with 14 analysts now carrying…
-
Flowers Foods shares fall after Q2 results miss expectations
Flowers Foods (NYSE:FLO) shares dropped 4.2% to $6.80 in pre-market trading after the packaged bakery group reported weaker-than-expected second-quarter 2026 results following Thursday’s closing bell. The decline adds to a difficult period for the stock, which has lost more than half its value over the past year and was trading at a fresh 52-week low.…
-
Gold stays above $4,500 as weaker dollar and Treasury action fuel gains
Gold remained firmly above $4,500 an ounce on Friday, extending its advance as a softer US dollar and measures from the US Treasury aimed at easing longer-term borrowing costs continued to support demand for the precious metal. Bullion has gained around 4% this week, putting it on course for a third consecutive weekly increase. Gold…
-
Oil prices ease from one-month highs but remain set for strong weekly gains
Oil prices moved lower on Friday, pulling back modestly from one-month highs after the United States said it was preparing its toughest economic sanctions yet against Iran. Brent crude futures, the global benchmark, fell 0.2% to $93.57 a barrel by 04:11 ET (08:11 GMT), while US West Texas Intermediate crude futures slipped 0.4% to $86.50…
-
US futures edge higher ahead of PMI data as Iran sanctions and oil remain in focus: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures moved modestly higher on Friday as investors awaited fresh business activity data while continuing to assess renewed pressure in bond markets, corporate earnings and Washington’s plans to impose sweeping sanctions on Iran. Discount retailer Ross Stores (NASDAQ:ROST) was also in focus after raising its full-year earnings guidance following stronger-than-expected second-quarter results. US…
-
Rising Yields and Surging Oil Send Stocks Lower as Walmart Slides 9%
US stocks retreated on Thursday as a rebound in bond yields and a fresh climb in oil prices rattled investors and pulled all three major indexes lower. The selling picked up after the US Treasury’s surprise market intervention earlier in the week proved short-lived, allowing long-term yields to push back toward multi-decade highs. Adding to…
-
American Gold & Copper Signs LOI for Proposed Shamrock Nickel-Copper Project Acquisition
American Gold & Copper Inc. (USOTC:AGCI) has signed a non-binding letter of intent for the proposed Shamrock nickel-copper project acquisition from Homeland Nickel Inc. (TSX-V:SHL), potentially adding a U.S.-based critical and precious metals asset to its expanding mineral portfolio. Under the proposed terms, AGCI would pay US$150,000 for the southern Oregon property following a 60-day…
-
Greenland Mines Approves 1-for-50 Reverse Stock Split as Skaergaard Development Advances
Greenland Mines Ltd (NASDAQ:GRML) has approved a 1-for-50 reverse stock split intended to restore compliance with Nasdaq’s minimum bid price requirement while advancing fieldwork at its Skaergaard precious metals project and preparations for the proposed acquisition of the Sarfartoq rare earth project in Greenland. The reverse split is scheduled to take effect on August 24,…