Category: Top Story
-
Sorrento Resources: Undervalued and unlocking scale
Since unpegging from the US dollar in 1971, gold has delivered on its promises as a hedge against inflation and economic uncertainty, not only preserving long-term value but building upon it over the period, rising from US$35 per ounce to its current price of more than US$4,300 per ounce, representing a more than 125x return…
-
Nasdaq Closes at Record High as Chip Stocks Surge and Oil Retreats
Wall Street kicked off the week on a firmly positive note Monday, with the technology-heavy Nasdaq Composite powering to a record close as a wave of buying in semiconductor stocks lifted the broader market. Falling oil prices and easing Treasury yields added to the upbeat mood, helping stocks recover from a mostly lower performance the…
-
Wall Street Futures Rise as Falling Oil Prices Support Market Sentiment: Dow Jones, S&P, Nasdaq
US stock futures pointed to a higher opening on Monday as a sharp decline in oil prices and renewed optimism surrounding artificial intelligence supported investor sentiment. The positive indications followed a mixed finish on Wall Street on Friday, when gains in technology and semiconductor stocks helped lift the Nasdaq and S&P 500, while the Dow…
-
Five Things to Watch in Markets This Week: US-China Talks, AI, Economic Data and Costco Earnings
Investors face a busy week of diplomatic developments, technology announcements and economic releases, with talks between US President Donald Trump and Chinese President Xi Jinping among the main events on the calendar. Artificial intelligence will also attract attention as Meta Platforms prepares for its Connect conference and world leaders gather in New York for the…
-
HP Shares Fall 2% as Company Anticipates PC Market Contraction in 2027
HP Inc. (NYSE:HPQ) shares declined 2% in Monday morning trading after the company disclosed that it expects worldwide personal computer shipments to fall in calendar 2027. In a filing with the US Securities and Exchange Commission (SEC), HP said it anticipates a mid-single-digit percentage decline in global PC unit volumes compared with 2026, in line…
-
Guardian Metal Resources: 92 Metres of Tungsten Highlights Tempiute’s Growing Potential
Guardian Metal Resources (AMEX:GMTL), (LSE:GMET), (USOTC:GMTLF) is continuing to build momentum at its Tempiute Tungsten Project in Nevada, with a 92-metre mineralised intersection providing another significant indication of the scale of the system. Guardian Metal Resources is adding further weight to its growing U.S. tungsten story, with the latest drilling results from the Tempiute Project…
-
Accenture Shares Rise 6% Premarket Following $1 Billion AI Safety Partnership With Anthropic
Accenture (NYSE:ACN) shares climbed approximately 6% in premarket trading on Monday after Anthropic announced an agreement under which the IT services company will lead independent safety evaluations of its artificial intelligence models. The partnership, announced on 18 September, involves plans for both companies to invest at least $1 billion each over five years to expand…
-
Morgan Stanley Highlights Growing AI Collaboration Between SpaceX and Tesla
Morgan Stanley has identified expanding technological and operational links between SpaceX (NASDAQ:SPCX) and Tesla (NASDAQ:TSLA), as the two Elon Musk-led companies pursue applications of artificial intelligence in robotics, energy and manufacturing. In a note led by analyst Adam Jonas, the bank said the companies “share tech, talent, and infrastructure in a shared mission of converting…
-
Paramount and Warner Bros. Shares Rise on Report of Progress in Merger Settlement Talks
Shares of Paramount (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) rose in premarket trading on Monday after The Wall Street Journal reported progress in negotiations aimed at resolving legal opposition to their proposed $81 billion merger. Paramount executives and a coalition of US states seeking to block the transaction held discussions over the weekend about a…
-
US Stock Futures Rise as Investors Monitor Middle East Oil Supplies and AI Policy Developments: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures advanced on Monday as investors assessed developments in the Middle East, declining oil prices and artificial intelligence policy discussions between Washington and Beijing. At 06:58 GMT, Dow Jones Industrial Average futures were up 239 points, or 0.5%, while S&P 500 futures gained 39 points, also rising 0.5%. Nasdaq 100 futures advanced 218…