Category: Top Story
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Rising Treasury Yields and Oil Prices Put Wall Street Under Fresh Pressure: Dow Jones, S&P, Nasdaq, Futures
U.S. stocks were set for another weaker start on Tuesday, with major index futures pointing lower after Wall Street retreated during the previous two sessions. Technology shares appeared particularly vulnerable, with Nasdaq 100 futures falling 1.3% as rising Treasury yields increased pressure on growth-oriented stocks. The 30-year U.S. bond yield climbed to its highest level…
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Home Depot Tops Q2 Forecasts and Maintains Fiscal 2026 Guidance
Home Depot Inc. (NYSE:HD) reported stronger-than-expected second-quarter results before the opening bell on Tuesday, helping lift the home improvement retailer’s shares by around 1.7% in pre-market trading. Adjusted earnings per share reached $4.92, beating the analyst consensus of $4.73 by $0.19. Revenue increased 5.7% year on year to $47.86 billion from $45.28 billion, also exceeding…
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Americore Resources looks to unlock Trinity’s silver potential
Nevada has produced some of North America’s biggest mining stories, but Americore Resources (USOTC:AMCOF) (TSXV:AMCO) believes there could still be considerably more to uncover at its past-producing Trinity Silver Project. In this episode of The Capital Compass, Americore President and CEO Jeff Poloni joins Ricki Lee to discuss the company’s strategy for advancing Trinity from a historical resource…
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Meta Faces Landmark 29-State Trial Over Facebook and Instagram’s Impact on Young Users
Meta Platforms (NASDAQ:META) is heading to trial in California federal court on Tuesday as a coalition of 29 U.S. states pursues allegations that Facebook and Instagram were designed in ways that harmed the mental health of children and teenagers. Attorneys representing Colorado, California, New Jersey and Kentucky are leading the bipartisan group and will deliver…
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Google Plans to Move All Pixel Production Out of China in 2027
Google (NASDAQ:GOOGL) is preparing to end production of its Pixel smartphones, smartwatches and wireless earbuds in China from 2027, with manufacturing set to shift to Vietnam and India, according to a report from Nikkei Asia on Tuesday. The planned relocation forms part of Google’s efforts to diversify its supply chain and reduce its manufacturing exposure…
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Evercore ISI Names Three Top Discount Retail Stocks for the Second Half
Evercore ISI has selected three discount retailers as its preferred stocks within the global retail, apparel and luxury brands sector, pointing to opportunities for stronger performance during the second half of the year. The firm’s assessment focuses on companies where comparable sales trends, easier comparison periods or operational improvements could provide meaningful support despite an…
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Wall Street Futures Fall as Middle East Risks, Oil Prices and Canada Tariffs Take Focus: Dow Jones, S&P, Nasdaq
U.S. stock futures moved lower on Tuesday as investors monitored another rise in oil prices and the risk that disruption to the Strait of Hormuz could persist, while fresh U.S. tariffs on Canada and upcoming Home Depot (NYSE:HD) earnings also remained in focus. Gold slipped back below $4,400 an ounce, while crude prices strengthened following…
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Stocks Slip as Middle East Tensions Offset an AI-Fueled Chip Rally
U.S. stocks closed lower on Monday as renewed violence in the Middle East rattled investors and pushed oil prices higher, overshadowing a strong rally in semiconductor names. Traders spent the session weighing geopolitical risk against fresh optimism about artificial intelligence, and caution won out ahead of a busy week of retail earnings and Federal Reserve…
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Harvard reveals $2.2 billion SpaceX holding worth more than half its U.S. equity portfolio
Harvard Management Co. has disclosed a $2.2 billion investment in SpaceX, making the rocket and satellite company by far the largest position in the university endowment’s reported U.S. equity portfolio as of June 30, 2026. According to Harvard’s 13F filing with the Securities and Exchange Commission, the investment comprises approximately 12.94 million SpaceX (Nasdaq: SPCX)…
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Micron shares rise as White House pushes Apple away from Chinese memory chips
Micron Technology (NASDAQ:MU) shares gained 2.6% ahead of Monday’s opening bell as pressure from the Trump administration on Apple not to source memory chips from Chinese manufacturers strengthened the outlook for U.S. suppliers. Micron stands to benefit directly from Washington’s position. A U.S. Commerce Department block on Apple sourcing DRAM from China’s ChangXin Memory Technologies,…