Category: Top Story
-

Tesla recalls nearly 13,000 vehicles over potential battery issue
Tesla, Inc. (NASDAQ:TSLA) is recalling 12,963 vehicles in the U.S. after discovering a fault in a battery pack component that could lead to a sudden loss of propulsion, according to a notice from the National Highway Traffic Safety Administration (NHTSA) on Wednesday. The recall applies to select 2025 Model 3 and 2026 Model Y vehicles.…
-

Dow Jones, S&P, Nasdaq, Wall Street Futures, Netflix’s margin shortfall; Tesla earnings ahead; gold rebounds – key market movers
U.S. stock futures hovered near flat territory early Wednesday, as traders awaited another round of quarterly earnings and weighed easing geopolitical optimism against mixed corporate results. By 03:39 ET, Dow futures were up 38 points, or 0.1%, S&P 500 futures gained 10 points, or 0.1%, and Nasdaq 100 futures were little changed. Futures steady ahead…
-

Dollar edges higher as gold rally cools; pound weakens on soft U.K. inflation data
The U.S. dollar rose modestly on Wednesday, supported by a pullback in gold prices and a firmer tone in markets ahead of key inflation data later this week. At 04:20 ET (08:20 GMT), the U.S. Dollar Index gained 0.1% to 98.795, extending its recovery after steep losses last week. Dollar firms ahead of U.S. CPI…
-

Gold steadies after heavy sell-off as trade optimism tempers safe-haven demand
Gold prices stabilized on Wednesday during the Asian session, pausing after a steep decline earlier in the day as easing U.S.–China trade tensions and hopes for progress in global negotiations reduced the appeal of the metal as a safe-haven asset. The move came after investors locked in profits from gold’s recent rally, while the market…
-

Oil gains over 2% as geopolitical risks and trade optimism lift sentiment
Crude oil prices climbed for a second straight session on Wednesday, advancing more than 2% as supply fears tied to sanctions and global tensions overshadowed recent weakness in demand. Optimism surrounding a potential U.S.-China trade agreement added an extra tailwind to the rally. As of 06:45 GMT, Brent futures rose $1.24, or 2.0%, to $62.56…
-

NEO Battery Materials is igniting the battery revolution in the West!
Drones, robotics, and e-mobility increasingly demand batteries with greater range, faster charging times, and lower costs. At the same time, the security of Chinese supply chains is deteriorating. This is precisely where NEO Battery Materials comes into play. With its silicon anodes (NBMSiDE®), the Company promises up to 70 per cent higher energy density at…
-

Bitcoin slips below $109K as rebound falters and “Uptober” optimism fades
Bitcoin (COIN:BTCUSD) extended its recent losses on Tuesday, slipping back below $109,000 after its weekend rally ran out of momentum, leaving the broader crypto market under pressure despite improving sentiment in traditional risk assets. By 09:26 ET (13:26 GMT), Bitcoin was down 2.3% at $108,820, leading declines across major cryptocurrencies even as investors grew more…
-

Warner Bros. Discovery shares soar after launching strategic alternatives review
Warner Bros. Discovery (NASDAQ:WBD) stock surged as much as 9% on Tuesday after the media and entertainment giant announced it has begun a formal review of strategic alternatives, spurred by unsolicited interest from multiple potential buyers. The company said its board will explore several possibilities, including moving ahead with its existing plan to split into…
-

WORK Medical shares gain after strategic AI health tech investment
WORK Medical Technology Group Ltd (NASDAQ:WOK) saw its stock climb 4.5% on Tuesday after announcing a $1 million strategic investment in Neologics Bioscience Inc., a Delaware-based medical technology company specializing in artificial intelligence integration for healthcare applications. The investment secures WORK Medical a 10% equity stake in Neologics on a post-investment basis, bringing the startup’s…
-

Peoples Bancorp posts in-line Q3 earnings as loan growth cushions margin headwinds
Peoples Bancorp Inc. (NASDAQ:PEBO) reported third-quarter results on Tuesday that were broadly in line with Wall Street expectations, as robust loan growth helped counter ongoing pressure on interest margins. The Ohio-based bank posted diluted earnings per share of $0.83, matching analyst forecasts. Total revenue reached $115.18 million, slightly shy of the $116.88 million consensus estimate.…