Category: Top Story
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Relief Rally Sweeps Wall Street as Geopolitical Tensions Ease and Oil Prices Crater
U.S. markets staged a dramatic turnaround to open the week, fueled by a “diplomatic pivot” that sent energy prices into a tailspin and restored investor appetite for risk. Following a grueling four-week losing streak, the major averages surged as a temporary pause in Middle East hostilities provided a much-needed reprieve from the inflation and war…
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DraftKings, Flutter jump 7% as lawmakers target prediction market sports betting
Shares of DraftKings (NASDAQ:DKNG) and Flutter Entertainment (NYSE:FLUT) surged about 7% on Monday morning after a Wall Street Journal report said U.S. senators are preparing bipartisan legislation aimed at banning sports betting contracts on prediction market platforms. The proposed measure would prevent entities regulated by the Commodity Futures Trading Commission from offering contracts tied to…
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Trump’s remarks on “productive” U.S.–Iran talks could trigger early market rebound: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock index futures are signaling a sharply higher open on Monday, suggesting equities may rebound strongly after the recent sell-off that has weighed on markets in the past few sessions. Investors may be inclined to buy stocks at discounted levels following the downturn that pushed both the Nasdaq and the S&P 500 to their…
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Five key themes for markets in the week ahead
The ongoing conflict involving Iran is expected to remain the main focus for investors in the coming days, as markets assess the potential consequences for energy prices and global assets. A preliminary reading of U.S. business activity could offer early insight into how the conflict is affecting the broader economy, while cruise operator Carnival Corp.…
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Nvidia could modify Feynman AI platform amid TSMC capacity constraints – report
Nvidia (NASDAQ:NVDA) may be forced to adjust the design of its upcoming Feynman artificial intelligence platform because of limited manufacturing capacity at Taiwan Semiconductor Manufacturing Co. (NYSE:TSM), according to a report published Monday by Taiwan’s Economic Daily News. The report said demand for TSMC’s cutting-edge 2-nanometer chip production has surged, driven by major AI companies…
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Musk says SpaceX and Tesla to develop advanced chip plants in Austin
Elon Musk said on Sunday that SpaceX and Tesla (NASDAQ:TSLA) plan to construct two advanced semiconductor manufacturing plants at a large new facility in Austin, Texas — one focused on powering vehicles and humanoid robots, and another aimed at supplying artificial intelligence data centers operating in space. The remarks came a day after Musk unveiled…
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Gold miners slide as bullion deepens losses on rising rate expectations
Shares of major gold mining companies fell sharply on Monday as gold prices dropped to their lowest level in four months, extending a steep decline from last week as geopolitical tensions and inflation concerns push investors to reassess the outlook for global interest rates. Leading producers including Newmont (NYSE:NEM), Barrick (NYSE:B), Agnico Eagle (NYSE:AEM) and…
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Trump issues Iran ultimatum; IEA warns of “severe” oil crisis — what’s driving markets: Dow Jones, S&P, Nasdaq, Wall Street Futures
Futures tied to major U.S. stock indices moved lower Monday as the conflict with Iran continues, raising concerns about a prolonged surge in global energy prices. U.S. President Donald Trump has given Iran until Monday night to reopen the Strait of Hormuz, an ultimatum Tehran has rejected. Meanwhile, the International Energy Agency cautioned that the…
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Guardian Metal Marks Major Milestone with U.S. Market Debut
Guardian Metal Resources plc (AMEX:GMTL) has taken a significant step in its growth journey, celebrating its debut on the NYSE American, a move that signals both increased ambition and rising relevance in the global critical minerals sector. The company, which focuses on tungsten exploration in the United States, began trading under the ticker “GMTL,” marking…
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Wall Street Reeling as Quadruple Witching and War Risks Trigger Tech Sell-Off
U.S. equities plummeted on Friday as a perfect storm of “Quadruple Witching” volatility, escalating conflict in the Middle East, and a federal crackdown on semiconductor smuggling sent shockwaves through the market. A record-breaking $5.7 trillion in options expirations amplified the day’s swings, while reports of U.S. military preparations to reopen the Strait of Hormuz drove…