Category: Top Story
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Dell Shares Gain After Trump Applauds Family’s $6.25 Billion Contribution
Dell Technologies (NYSE:DELL) shares climbed 2% on Tuesday after President Trump publicly commended the Dell family for their multibillion-dollar charitable pledge. Michael and Susan Dell revealed they plan to provide $250 to each of 25 million American children under the age of 10, creating investment accounts intended to support their long-term financial wellbeing. The $6.25…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, U.S. Stocks Set for Higher Open as Bitcoin Rebounds and Tech Shares Gain
U.S. equity futures are pointing to a modestly positive start on Tuesday, suggesting Wall Street may attempt to recover after the previous session’s decline. A sharp rebound in Bitcoin—up more than 2% after Monday’s steep drop—is helping support risk sentiment, lifting interest in growth- and tech-related names. Pre-market strength is particularly evident in Oracle (NYSE:ORCL),…
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Capri Holdings finalizes $1.375 billion sale of Versace to Prada
Capri Holdings Limited (NYSE:CPRI) said Tuesday that it has officially closed the sale of its Versace brand to Prada S.p.A. (USOTC:PRDSF) in a deal valued at $1.375 billion in cash, subject to customary adjustments. The luxury fashion group said it intends to use the proceeds to pay down the majority of its outstanding debt —…
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Apple faces possible EU-wide collective lawsuits over App Store fees after key court ruling
Apple Inc. (NASDAQ:AAPL) may soon confront a wave of class action-style damages claims across the European Union after the bloc’s highest court opened the door for consumers to pursue collective litigation in the Netherlands, regardless of where they live. In a decision issued Tuesday, the EU Court of Justice ruled that an Amsterdam court is…
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Dow Jones, S&P, Nasdaq, Wall Street, Futures slip; Bitcoin stabilizes after plunge; Marvell earnings on deck: here’s what’s moving markets
U.S. index futures were mostly softer early Tuesday, with traders monitoring Bitcoin’s sharp downturn and looking ahead to next week’s Federal Reserve meeting, where expectations for a rate cut continue to build. Bitcoin was little changed after its steep drop, as fading risk appetite weighed on the crypto space. Gold edged lower under pressure from…
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McFarlane expands Juby Gold Project in Ontario
Interview with Mark Trevisiol, president, CEO, and chair of McFarlane Lake Mining (USOTC:MLMLF) (CSE:MLM). Ricki: Hello, I’m Ricki Lee and this is The Capital Compass. Today we are looking at McFarlane Lake Mining. The Canadian gold exploration company is advancing one of Ontario’s largest undeveloped gold projects, the Juby Gold Project in Abitibi Greenstone Belt near…
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Nvidia Shares in Focus After CEO Frames China as a “Bonus Opportunity”
Nvidia (NASDAQ:NVDA) CEO Jensen Huang said China should be viewed as a “bonus opportunity” for the chipmaker, noting that the company’s immediate priority is satisfying exceptional worldwide demand for its technology. Speaking in an interview with CNBC on Monday, Huang said demand for Nvidia’s products is currently “skyrocketing,” leaving the company fully absorbed in serving…
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Five Market Themes to Watch in the Week Ahead
A heavy slate of U.S. economic data will dominate attention this week as investors look to assess the health of the American economy before the Federal Reserve’s next rate decision. Expectations for a rate cut at next week’s meeting have been rising, but the upcoming indicators could offer a new—though delayed—window into inflation trends and…
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Crypto-Linked Stocks Sink as Fresh Bitcoin Selloff Hammers the Sector
Companies tied to the cryptocurrency market slumped on Monday as another wave of Bitcoin (COIN:BTCUSD) selling pressured exchanges, miners, and firms with exposure to digital assets. Bitcoin dropped about 4.4% to $86,429, deepening a retreat that followed its worst monthly performance since the 2021 crypto crash. The decline coincides with a broader risk-off shift at…
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Dow Jones, S&P, Nasdaq, Futures, Wall Street Set for Early Decline as Investors Lock In Gains After Strong Week
U.S. stock futures signaled a softer start on Monday, suggesting equities may retrace some of last week’s strong advance. After a brisk rebound that reversed much of the early-November slump, some investors appear ready to take profits, especially with the major indexes having logged five straight days of gains and inching back toward record territory.…