Category: Top Story
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Klarna shares gain 4% after expanding $2bn financing deal with Elliott
Klarna (NYSE:KLAR) shares climbed 4% after the digital payments company announced it had expanded its financing facility with Elliott Investment Management to $2 billion, strengthening a partnership designed to support up to $17 billion in U.S. loan originations. The updated agreement extends the partnership’s duration from two years to three and builds on the arrangement…
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Oil climbs again as new Middle East strikes shake markets — what investors are watching: Dow Jones, S&P, Nasdaq, Wall Street Futures
Futures tied to major U.S. stock indices edged slightly lower while oil prices resumed their upward move as fighting involving Iran continued. The escalation comes despite President Donald Trump announcing a delay to planned U.S. military strikes targeting Iran’s power grid. Fresh attacks have been reported across parts of the Middle East, while Tehran has…
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New deep-sea mining company targets Pacific seabed
Deep Sea Minerals (CSE:SEAS) (USOTC:DSEAF) has filed an application with the US National Oceanic and Atmospheric Administration (NOAA) to explore for critical minerals in the Pacific Ocean under the Deep Seabed Hard Mineral Resources Act (DSHMRA). The application, filed by US subsidiary American Ocean Minerals, seeks an exploration license covering polymetallic nodules in the Clarion-Clipperton…
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JinkoSolar, Stallion Uranium, Yara – New Opportunities in the Wake of the Energy Crisis
JinkoSolar – Turnaround in Sight Rising oil and gas prices are forcing import-dependent nations worldwide to rethink their strategies. To free themselves from the cost trap of fossil fuels, the expansion of renewable energy is accelerating rapidly. Solar companies are likely to benefit enormously in the long term from this pursuit of energy self-sufficiency. China,…
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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…