Category: Top Story
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Gold Blazes Past $4,000 as Markets Brace for Fed Minutes and AI Sector Buzz
U.S. stock futures were little changed on Wednesday, stabilizing after the previous session’s selloff as traders weighed the latest developments in the artificial intelligence (AI) sector against a backdrop of economic and political uncertainty. Growing concerns over the U.S. government shutdown and fragile economic data spurred a rush into safe-haven assets, pushing gold above $4,000…
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Euro and Yen Extend Declines Against Dollar as Political Tensions Weigh on Markets
The euro and yen fell for the third straight session on Wednesday, pressured by mounting political uncertainty in France and expectations of more aggressive fiscal spending in Japan, which have both eroded investor confidence. Analysts noted that France’s widening budget deficit and Japan’s stimulus-driven policies are prompting investors to demand higher risk premiums on government…
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Oil Rises Nearly 1% as Market Calms After OPEC+ Limits Output Increase
Oil prices gained close to 1% on Wednesday as investors grew more confident that supply will remain balanced, following OPEC+’s decision to implement only a modest production increase next month. The move helped ease earlier fears of a potential oversupply in the global oil market. By 0715 GMT, Brent crude futures climbed 63 cents, or…
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Gold Breaks $4,000 Barrier to Record High as Global Uncertainty Spurs Safe-Haven Rush
Gold prices surged to fresh record highs in Asian trading on Wednesday, surpassing the $4,000 per ounce milestone for the first time ever as investors sought refuge amid deepening political and economic instability across major economies. The rally was supported by growing expectations that the U.S. Federal Reserve will deliver additional interest rate cuts this…
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Stellantis Announces New Leadership for Europe and Global Manufacturing in Executive Restructure
Stellantis (NYSE:STLA) CEO Antonio Filosa has announced another round of leadership changes, appointing new heads for the company’s European operations and global manufacturing, just days after naming a new chief financial officer. Emanuele Cappellano, who currently oversees Stellantis’ South American division, will assume the role of Head of Enlarged Europe and European Brands, succeeding Jean-Philippe…
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Johnson & Johnson hit with $966 million verdict in baby powder cancer lawsuit
A Los Angeles jury has ordered Johnson & Johnson (NYSE:JNJ) to pay $966 million to the family of a woman who died from mesothelioma, ruling that the company’s baby powder was responsible for her illness. The decision, delivered late Monday, marks the latest major verdict in a long-running wave of lawsuits accusing the healthcare giant…
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Gold futures top $4,000 for the first time as global turmoil boosts safe-haven demand
Gold futures climbed to a historic milestone on Tuesday, briefly breaking through the $4,000-per-ounce barrier for the first time, as investors sought refuge from mounting political uncertainty and economic instability across major global markets. Expectations of further U.S. interest rate cuts also added momentum to the rally. By 10:02 ET (14:02 GMT), gold futures were…
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Urgently shares skyrocket after announcing partnership with Sony Honda Mobility
Urgently Inc. (NASDAQ:ULY) shares soared 55.8% on Tuesday following news that the roadside assistance technology company has entered into a strategic partnership with Sony Honda Mobility of America (SHMA) to support the launch of the AFEELA electric vehicle brand. Under the agreement, AFEELA drivers will have access to nationwide roadside and mobility assistance across all…
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Dell shares surge after company boosts revenue growth outlook to 7–9%
Dell Technologies (NYSE:DELL) stock climbed 6% on Tuesday morning after the technology giant raised its long-term annual revenue growth target to 7–9%, up from the previous 3–4% range, signaling growing confidence in its ability to capitalize on accelerating demand for artificial intelligence (AI) infrastructure. The company also nearly doubled its annual non-GAAP earnings per share…
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PayPal shares rally after launching Ads Manager platform for small businesses
PayPal Holdings (NASDAQ:PYPL) climbed 5% on Tuesday after the payments giant introduced PayPal Ads Manager, a new advertising platform designed to help small businesses generate additional revenue by monetizing their online traffic. Set to debut in early 2026 in the United States, followed by rollouts in the UK and Germany, the Ads Manager aims to…