Category: Top Story
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Dow Climbs as Middle East Calm Sinks Oil, While an Nvidia-Led Tech Slide Caps the Nasdaq
U.S. stocks finished mixed on Monday as an easing of Middle East tensions sent oil prices tumbling and lifted much of the broader market, even as renewed worries about heavy spending on artificial intelligence dragged technology shares lower. The split left blue-chip stocks higher and the tech-heavy Nasdaq slightly in the red, a familiar tug-of-war…
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Amazon Leo seeks FCC approval for more than 5,100 direct-to-device satellites
Amazon Leo (NASDAQ:AMZN) has submitted an application to the U.S. Federal Communications Commission (FCC) seeking approval to deploy a constellation of up to 5,105 low Earth orbit satellites capable of delivering voice, messaging, data and emergency connectivity directly to mobile devices. According to the company, the proposed direct-to-device (D2D) network would expand its satellite communications…
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The Odyssey reaches $140 million in global IMAX box office
IMAX Corporation (NYSE:IMAX) announced that Christopher Nolan’s The Odyssey has generated $140 million in worldwide IMAX ticket sales, following a record-breaking second weekend that further strengthened the film’s performance in premium cinemas. Distributed by Universal Pictures, the film delivered $48 million in global IMAX box office revenue during its second weekend, making it the highest-grossing…
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AMC reports record IMAX ticket sales following strong opening for The Odyssey
AMC Theatres (NYSE:AMC) announced that The Odyssey has delivered the highest IMAX box office revenue ever recorded at its cinemas during the first two weekends of a film’s release. The record covers the period from July 16 through July 26 and highlights strong demand for premium large-format screenings. Blockbuster opening drives IMAX performance The Odyssey…
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Wall Street set for higher open as easing U.S.-Iran tensions boost sentiment: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures pointed to a stronger start on Monday as investors welcomed signs of easing tensions between the United States and Iran, helping improve risk appetite ahead of a busy week for markets. Optimism increased after reports that President Donald Trump had paused nearly two weeks of military operations against Iran to allow additional…
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An energy company growing production and rewarding shareholders at the same time
Can an energy company grow production and reward shareholders at the same time? Hello, I’m Ricki Lee, and this is The Capital Compass. Today we’re taking a closer look at Alvopetro Energy (USOTC:ALVOF) (TSXV:ALV), a company executing a balanced capital allocation strategy that combines disciplined organic growth with meaningful shareholder returns. Operating in both Brazil…
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Skyward bound: ZenaTech’s scaling drone growth story
Since initial versions made their debut in World War I, including the British Aerial Target and American Kittering Bug, drones have evolved into a technology unlocking newfound efficiency across a diversity of industries, including aerial inspections, inventory tracking, precision agriculture, mapping and surveying, as well as mission-critical defense operations, where traditional methods simply can’t compare…
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Nvidia explores $250 billion guarantee for OpenAI’s Ohio data centre project
Nvidia (NASDAQ:NVDA) is reportedly negotiating a financial guarantee worth approximately $250 billion to support OpenAI’s planned data centre development in Ohio, according to a Wall Street Journal report published on Monday. If completed, the arrangement would rank among the largest financing agreements ever undertaken in the artificial intelligence sector. People familiar with the discussions told…
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Five market themes investors will be watching this week
Financial markets are entering one of the busiest weeks of the year, with investors preparing for a series of events that could shape sentiment across global asset classes. Central bank decisions, major technology earnings, key U.S. economic data and developments in the Middle East are all expected to influence trading in the days ahead. Federal…
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U.S. markets eye earnings season as Middle East tensions ease: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures moved higher on Monday as investors welcomed signs of a pause in hostilities between the United States and Iran, helping to ease pressure on energy markets ahead of a crucial week for corporate earnings and central bank decisions. By 05:49 GMT, Dow Jones futures had gained 398 points, or 0.8%, while S&P…