Category: Top Story
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Wall Street faces renewed downside amid oil swings and geopolitical risks: Dow Jones, S&P and Nasdaq Futures
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a lower open on Friday, with stocks likely to see further downside after recovering from their worst levels but still ending the previous session modestly lower. The downward momentum on Wall Street comes amid considerable volatility by the price of crude oil, which has…
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Wall Street Slide Continues as Oil Volatility and Fed Caution Weigh on Sentiment
U.S. markets extended their downward trend on Thursday as investors grappled with a “double whammy” of geopolitical instability and a recalibrated interest rate outlook. While indices managed to pare some of their steeper intraday losses following diplomatic efforts to stabilize energy corridors, the major averages ultimately finished in the red for a second consecutive session.…
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Pfizer’s TALZENNA combination shows progress against prostate cancer
Pfizer Inc. (NYSE:PFE) announced that its Phase 3 TALAPRO-3 clinical trial met its primary endpoint, demonstrating that the combination of TALZENNA (talazoparib) and XTANDI (enzalutamide) significantly improved radiographic progression-free survival compared with placebo plus XTANDI in patients with homologous recombination repair (HRR) gene–mutated metastatic castration-sensitive prostate cancer. The global study enrolled 599 patients across the…
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Palantir partners with Moder to build AI mortgage platform
Palantir Technologies Inc. (NASDAQ:PLTR) announced a collaboration with Moder to develop an artificial intelligence-driven platform designed to streamline mortgage operations, with Freedom Mortgage selected as the initial pilot customer. The platform is built using Palantir’s Ontology technology, which creates an AI framework capable of integrating with existing mortgage infrastructure. According to the companies, the system…
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Hilton signs exclusive deal with YOTEL to expand lifestyle hotel portfolio
Hilton (NYSE:HLT) announced an exclusive franchise agreement with YOTEL that will bring the design-focused hotel brand into Hilton’s global distribution network. Under the deal, YOTEL will become the first brand to join Hilton’s newly created Select by Hilton platform. The agreement allows YOTEL to continue operating independently while connecting its portfolio of 23 hotels across…
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Cannabix Secures First Construction Industry Sale of Marijuana Breath Test Technology
Cannabix Technologies Inc (USOTC:BLOZF) (CSE:BLO) has announced its first commercial delivery of its Marijuana Breath Test (MBT) devices to a major construction firm in the Pacific Northwest, marking a significant step in the company’s push into safety-sensitive industries. The sale, completed through an authorized reseller, introduces a new approach to cannabis testing in workplaces where…
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Middle East Conflict Concerns Could Pressure Wall Street: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures are pointing to a weaker start on Thursday, suggesting further losses may follow after equities came under notable pressure in the previous session. Investor sentiment is being weighed down by rising tensions in the Middle East after attacks targeted key energy infrastructure across the region. Israel carried out strikes on Iran’s South…
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Oil and gas surge, Fed holds rates steady, Micron slips – key market drivers: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures moved lower on Thursday as escalating attacks on energy infrastructure in the Middle East pushed oil prices sharply higher. The Federal Reserve left its interest rate outlook unchanged, keeping open the possibility of a rate cut later this year, although Fed Chair Jerome Powell cautioned investors not to rely too heavily on…
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One of Africa’s most prolific gold districts — the Lake Victoria Gold Fields
This is The Capital Compass. Today we’re heading to one of Africa’s most prolific gold districts — the Lake Victoria Gold Fields — to take a closer look at Cameo Resources (CSE:MEO) and its Katoro Project. This is a region that has attracted some of the world’s largest gold producers, and Cameo has assembled a…
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Drone Warfare Reshapes NATO Priorities: Airbus, DroneShield, and NEO Battery Materials in Focus
DroneShield – Digital Defense Systems at the Heart of Modern Warfare Today’s theaters of war no longer resemble the battlefields of the Napoleonic era. Instead of thousands of soldiers, highly sensitive digital systems now face off against one another, using maximum reconnaissance and data consolidation to identify military targets and define the corresponding electronic chains…