Category: Top Story
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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.…
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Apple contests India’s revised competition rules in Delhi High Court
Apple Inc. (NASDAQ:AAPL) has moved the Delhi High Court to challenge a recent amendment to India’s competition framework that would permit the country’s antitrust authority to levy fines based on a company’s global revenue. The court has asked the Indian government to respond to the petition and is scheduled to continue hearing arguments on December…
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. Futures Slip as AI Jitters Persist and Black Friday Spending Surges: What’s Moving Markets
U.S. equity futures drifted lower early Monday as December trading begins, with investors weighing signs of cooling risk appetite tied to concerns in the artificial intelligence sector. Even so, the S&P 500 remains up about 16% year-to-date, and December has historically been a seasonally strong month for the benchmark index. Online Black Friday spending jumped…
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BofA: Gold Could Surge to $5,000/oz by 2026 as Supportive Macro Forces Persist
Bank of America expects gold’s record-setting rally to continue into 2026, arguing that the same macroeconomic forces that propelled the metal higher through 2025 remain firmly in place. In its latest Year Ahead outlook, the bank notes that while gold is technically “overbought,” it is still “underinvested,” creating a backdrop where stretched valuations have yet…
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Markets in Motion: Health care and energy lead rotation
In this episode of Markets in Motion, Bruce Campbell of StoneCastle Investment Management, in partnership with Stockhouse, breaks down the latest signs of sector rotation — the driving force behind every market cycle. After a year dominated by technology and precious metals, new leaders are emerging. Campbell highlights how health care and energy have moved…
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Ferrari Group Lifts Q3 Revenue by 3.5% as Organic Growth Gains Momentum
Ferrari Group (NYSE:RACE) reported a 3.5% year-on-year increase in third-quarter revenue on Thursday, reaching €83.8 million — in line with analyst forecasts — as the company delivered stronger organic growth despite ongoing softness in Asian markets. The luxury logistics specialist, known for handling high-value shipments including jewelry and timepieces, posted 6.1% organic growth for the…
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Dow Jones, S&P, Nasdaq, Wall Street, Asian Stocks Edge Higher; U.S. Labor Worries Grow; Bitcoin Jumps Back Above $91,000
Asian equities moved mostly higher on Thursday, while European markets were steady as U.S. traders broke for the Thanksgiving holiday. A new Federal Reserve survey underscored persistent weaknesses in the American labor market, reinforcing bets that policymakers may deliver another interest rate reduction in December. Meanwhile, Chinese real estate shares fell on renewed debt concerns,…
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Nvidia Shares Bounce Back After AI Market Concerns Trigger Prior-Day Selloff
Nvidia (NASDAQ:NVDA) shares rose in early U.S. trading on Wednesday, recovering part of the steep losses suffered in the previous session as investors reassessed concerns about the chipmaker’s dominance in the fast-growing artificial intelligence hardware market. The stock advanced 2.1%, partially offsetting Tuesday’s decline. Nvidia has been one of the biggest winners of the AI…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, U.S. Stocks Set to Build on Recent Gains
U.S. equity futures pointed to a slightly higher open on Wednesday, suggesting that major indexes may extend the rebound that has taken shape over the past several sessions. The recent momentum has helped the Dow, S&P 500, and Nasdaq recover sharply from the steep decline earlier in the month, with traders appearing less concerned about…