Category: Top Story

The euro slipped slightly against the U.S. dollar on Tuesday as investors monitored growing political uncertainty in France, while the Japanese yen weakened to its lowest level in two months, with markets focused on the composition of Sanae Takaichi’s new administration following her recent election as leader of Japan’s ruling party. In France, outgoing Prime…

Toyota Motor (NYSE:TM) has issued a recall for 393,838 vehicles across the United States following the discovery of a rearview camera defect that could prevent images from displaying properly, according to a statement released by the U.S. National Highway Traffic Safety Administration (NHTSA) on Tuesday. The safety regulator said the issue could impair drivers’ rear…

Gold prices remained close to record highs in Asian trading on Tuesday, as investors sought safety in the precious metal amid mounting political instability across major economies, including the United States, Japan, and France. Growing expectations for additional U.S. interest rate cuts also bolstered sentiment, while fresh data showing continued gold purchases by the People’s…

Oil prices extended their upward momentum on Tuesday after OPEC+ announced a smaller-than-expected production increase for November, easing concerns over a potential oversupply in the coming months. As of 06:23 GMT, Brent crude futures rose 19 cents, or 0.29%, to $65.66 per barrel, while U.S. West Texas Intermediate (WTI) gained 19 cents, or 0.31%, to…

Fifth Third Bancorp (NASDAQ:FITB) announced on Monday, October 6, that it will acquire Comerica Inc. (NYSE:CMA) in an all-stock transaction valued at $10.9 billion, a move that will create the ninth-largest bank in the United States. The combined institution will hold approximately $288 billion in assets and a strong presence across the Midwest, Texas, and…

BitMine Immersion Technologies (AMEX:BMN) has significantly boosted its Ethereum (COIN:ETHUSD) holdings, now owning 2.83 million ETH tokens, as part of a broader effort to expand its digital asset treasury. The company’s total cash and crypto reserves have reached $13.4 billion, including $456 million in cash and 192 bitcoins. Last week alone, BitMine acquired 179,251 ETH,…

Yardeni Research has lifted its year-end S&P 500 target back to 7,000, citing the resilience of the U.S. economy and renewed investor optimism following President Trump’s resolution of trade tensions. “We started the year there, but lowered it earlier this year in response to Trump’s Tariff Turmoil,” said Ed Yardeni, President of Yardeni Research. “We…

Ford Motor Co. (NYSE:F) is better equipped than General Motors (NYSE:GM) to navigate the evolving U.S. landscape on emissions and trade policy, according to Jefferies analysts, who upgraded Ford’s stock and highlighted its stronger regulatory flexibility. The brokerage raised its rating on Ford to Hold from Underperform and increased its price target to $12 from…

Abivax SA ADR (NASDAQ:ABVX) shares climbed 7.7% in premarket trading Monday after the clinical-stage biotechnology company reported positive Phase 3 results for its experimental ulcerative colitis treatment, obefazimod. The company said its once-daily 50 mg dose of obefazimod produced clinically meaningful improvements across all key endpoints in patients with moderate-to-severe ulcerative colitis, including those who…