Category: Top Story
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Developing Norra Kärr: Europe’s Answer to Chinese Heavy Rare Earth Elements Dominance
Leading Edge Materials CEO Kurt Budge discusses Norra Kärr’s 25-year mining lease, heavy rare earth potential and role in strengthening Europe’s critical mineral supply chain. Ricki: Europe currently produces no rare earths of its own, but one project in Sweden could potentially supply the continent with some of the hardest rare earth elements to source.…
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UnitedHealth Group Raises 2026 Profit Outlook After Third-Quarter Earnings Beat
UnitedHealth Group (NYSE:UNH) increased its full-year 2026 earnings guidance on Tuesday after reporting third-quarter adjusted profit above market expectations, supported by tighter medical cost controls and improved operating performance across its insurance and Optum businesses. Shares of the US healthcare group rose 4.5% to $395.50 in pre-market trading following the results. UnitedHealth reported adjusted earnings…
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Apple Prepares New Smart Home Devices Featuring AI-Enhanced Siri
Apple (NASDAQ:AAPL) is expected to introduce a new range of smart home products on Tuesday, including a wall-mounted or tabletop device resembling an iPad that will demonstrate the capabilities of its upgraded Siri virtual assistant. The anticipated launch forms part of Apple’s efforts to expand its presence in the connected home market, where it has…
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US Stock Futures Mixed as AI Concerns, LVMH Sales and Bank Earnings Shape Market Sentiment: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures were mixed on Tuesday as investors assessed renewed concerns about artificial intelligence valuations, weaker-than-expected sales from luxury group LVMH and the approaching release of quarterly results from major Wall Street banks. Geopolitical tensions in the Middle East and uncertainty surrounding oil supplies also remained important factors, while markets awaited US inflation data…
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Oil Jump Weighs on Nasdaq as Dow Edges Higher Ahead of Bank Earnings
Wall Street ended a quiet, mixed session on Monday as investors hit pause ahead of a busy stretch of corporate earnings and inflation data. The Dow Jones Industrial Average finished higher, while the S&P 500 closed almost unchanged and the Nasdaq Composite slipped. The main macro driver was a jump in oil prices of nearly…
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Starbucks Shares Rise 1.5% After Company Denies Chipotle Acquisition Reports
Starbucks (NASDAQ:SBUX) shares advanced 1.5% on Monday after the coffee chain rejected reports that it was considering an acquisition of Chipotle Mexican Grill (NYSE:CMG), ending speculation about a potential combination of the two restaurant companies. Chipotle shares fell 2.5% following the denial, reversing some of the gains generated by earlier takeover speculation. “Starbucks is not…
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AMD Introduces Helion Agentic AI Rack With Support From Major Technology Partners
Advanced Micro Devices (NASDAQ:AMD) has unveiled AMD Helion, a new rack-scale infrastructure platform designed to support agentic artificial intelligence workloads across hyperscale data centres and enterprise computing environments. Announced on 12 October 2026, the platform provides an open infrastructure blueprint based on an Open Compute Project (OCP) specification design, combining AMD processors, graphics processing units…
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Wall Street Futures Flat as Investors Await US Inflation Data and Major Bank Earnings: Dow Jones, S&P, Nasdaq
US stock futures pointed to a broadly unchanged opening on Monday, suggesting a cautious start to trading as investors prepared for important inflation figures and the beginning of a busy corporate earnings period. The subdued outlook followed Friday’s recovery on Wall Street, when the major indices advanced after experiencing selling pressure during the previous session.…
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Bristol Myers Squibb Shares Jump 6.5% Following Positive Phase 3 Trial Results for Two Therapies
Bristol Myers Squibb (NYSE:BMY) shares rose 6.5% on Monday after the pharmaceutical company announced positive results from two Phase 3 clinical trials evaluating treatments for neuroendocrine tumours and idiopathic pulmonary fibrosis. The results involved RYZ101, an investigational radiopharmaceutical therapy for gastroenteropancreatic neuroendocrine tumours, and admilparant, an experimental treatment for idiopathic pulmonary fibrosis. Both studies met…
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Airbus and Kratos Complete First European U740-Valkyrie Flight, Target Combat Readiness by 2029
Airbus (USOTC:EADSF) and Kratos Defense & Security Solutions (NASDAQ:KTOS) have completed the first European flight of the U740-Valkyrie uncrewed aircraft, marking a development milestone in their programme to deliver a combat-ready Collaborative Combat Aircraft (CCA) by 2029. The test flight took place at a facility in Northern Europe and achieved all planned objectives, according to…