Category: Top Story
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Deutsche Bank projects gold could reach $4,000 per ounce in 2026
Deutsche Bank analysts have increased their 2026 gold price forecast, citing strong recent gains in the metal and expectations for potential U.S. interest rate cuts, as well as ongoing questions over the Federal Reserve’s independence. In a client briefing, the team led by Michael Hsueh raised the average projected price for 2026 to $4,000 per…
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WTO report: AI could lift global trade by nearly 40% by 2040
Artificial intelligence (AI) has the potential to expand the value of international trade in goods and services by almost 40% by 2040, according to the World Trade Report 2025, released Wednesday by the World Trade Organization (WTO). The report outlines scenarios in which global trade grows between 34% and 37%, depending on the pace of…
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China Orders Local Firms to Halt Purchases of Nvidia AI Chips
China’s internet regulator has instructed major domestic technology companies to stop buying chips from Nvidia (NASDAQ:NVDA), the semiconductor leader favored in artificial intelligence, according to the Financial Times. Sources familiar with the matter told the FT that firms including ByteDance, owner of TikTok, and e-commerce giant Alibaba were directed by the Cyberspace Administration of China…
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GSK and Eli Lilly Join $350 Billion U.S. Drug Investment Wave Amid Tariff Concerns
GSK (NYSE:GSK) and Eli Lilly (NYSE:LLY) announced new investments in U.S. manufacturing on Tuesday, joining a growing number of global pharmaceutical companies expanding domestic capacity as the Trump administration weighs tariffs on imported medicines. The Wall Street Journal first reported the trend, noting that more than a dozen drugmakers have committed over $350 billion in…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Cautious Ahead of Fed Rate Decision; General Mills Earnings on Deck
U.S. stock futures were largely flat Wednesday as investors awaited a key Federal Reserve interest rate decision. While the majority of market participants expect a cut in borrowing costs, uncertainty remains over its size and the Fed’s broader economic outlook. Meanwhile, U.K. inflation stayed steady, and packaged foods leader General Mills (NYSE: GIS) is set…
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Take-Two Interactive Stock Reaches Record High at $250.68
Take-Two Interactive Software Inc. (NASDAQ:TTWO) hit a new all-time high of $250.68, marking a major milestone for the video game publisher. The company’s market capitalization now stands at $46.1 billion, with analyst price targets ranging from $150 to $285. Over the past year, the stock has surged 63.72%, reflecting investor confidence in Take-Two’s strategic initiatives…
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Lantern Pharma Shares Soar as LP-184 Cancer Drug Hits Key Trial Goals
Shares of Lantern Pharma (NASDAQ:LTRN) jumped 10% following the announcement that its cancer therapy LP-184 met all primary endpoints in a Phase 1a trial, showing a favorable safety profile and promising antitumor activity in patients with advanced solid tumors. The AI-driven oncology company said the open-label, multicenter study evaluated LP-184 in 63 patients with advanced,…
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U.S. crypto ETFs drew over $2 billion in inflows last week
Last week, U.S. spot Bitcoin ETFs recorded five consecutive days of net inflows, totaling $2.323 billion. This brought assets under management (AUM) to $15.318 billion. The inflows were led by BlackRock’s ETF (NASDAQ:IBIT), which received $1.036 billion, followed by Fidelity’s ETF (AMEX:FBTC) with $849 million. Meanwhile, spot Ethereum ETFs also showed strength, attracting $637 million…
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Uber stock hits record $97.77 as market cap tops $204 billion
Uber Technologies Inc. (NYSE:UBER) reached a new high on Monday, with its shares trading at $97.77, pushing the company’s market capitalization to $204.87 billion. This milestone underscores a strong upward trajectory over the past year, with Uber stock delivering a 58.97% gain year-to-date. Revenue has risen 18.15% over the last twelve months, highlighting investor confidence…
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GlucoTrack shares drop sharply following $3.6M convertible note issuance
GlucoTrack Inc (NASDAQ:GCTK) saw its stock fall 17% on Monday after announcing a new convertible note agreement with an investor totaling $3.6 million in principal. The company issued the note on September 12, 2025, receiving $3 million in proceeds with a $600,000 original issue discount. The unsecured note carries no interest and matures in 12…