Category: Top Story

Shares of Celcuity (NASDAQ:CELC) surged as much as 75% in premarket trading on Monday after the biotech firm announced it had completed patient recruitment for its pivotal Phase 3 breast cancer trial targeting tumors with the PIK3CA mutation. The late-stage study is evaluating a novel therapy that includes the drug gedatolisib, with the company also…

Apple Inc.’s (NASDAQ:AAPL) new iPhone 17 lineup is off to a strong start, outperforming its predecessor by 14% during its first 10 days on sale in the U.S. and China, according to new figures from Counterpoint Research released Monday. The standout so far has been the base model iPhone 17, which has seen sales jump…

The U.S. dollar gained modestly on Monday, bouncing back from last week’s decline as traders braced for a closely watched inflation reading and kept a wary eye on signs of strain in the U.S. regional banking sector. At 04:15 ET, the Dollar Index, which measures the greenback against a basket of six major currencies, rose…

Gold prices firmed in Asian trading on Monday, recovering part of last week’s steep decline as investors welcomed more conciliatory remarks from U.S. officials on trade relations with China. The precious metal held near record highs, supported by persistent geopolitical uncertainty and lingering concerns over the U.S. economy. Spot gold gained 0.4% to $4,267.70 per…

Oil prices slipped at the start of the week, pressured by renewed concerns over excess supply and slowing global demand as U.S.-China trade tensions intensified. By 00:32 GMT, Brent crude futures were down 24 cents, or 0.4%, at $61.05 per barrel, while U.S. West Texas Intermediate futures fell 21 cents, or 0.4%, to $57.33, reversing…

The upcoming earnings season is expected to once again underscore the widening performance gap between U.S. and eurozone corporates, according to strategists at JPMorgan Chase & Co.. Consensus forecasts point to a 6% year-on-year increase in S&P 500 earnings, compared with a 1% decline for the STOXX Europe 600. Unlike the typical pre-earnings downgrades, analyst…

The third-quarter earnings season has arrived at a critical juncture for financial markets, shifting the focus from broad macroeconomic themes to AI-fueled optimism and company-level performance. According to strategists at Barclays, “earnings are set to take center stage, potentially pivotal for sustaining the rally,” making this a defining “show-me moment” for the AI-driven market narrative.…

HSBC analysts have lifted their price outlook for gold, projecting the precious metal could climb to $5,000 per ounce in 2026 as uncertainty across global markets deepens. In a note to clients, the brokerage said that the ongoing surge in gold prices will likely stretch into the first half of 2026, supported by its safe-haven…

Strategists at Citigroup, led by Beata Manthey, cautioned that the ongoing equity bull market may be heading into a choppier, more volatile stretch. They pointed to renewed tensions between the U.S. and China as a major source of uncertainty, emphasizing that “stakes are high and the path to resolution appears complex.” With earnings season picking…