Category: Top Story

UBS has once again revised upward its forecasts for gold and silver, citing robust momentum driven by investor interest, ongoing macroeconomic uncertainty, and persistent fiscal and geopolitical pressures. The bank now projects gold could reach $4,200 an ounce across all timeframes, up from its previous targets of $3,800 by the end of 2025 and $3,900…

Apple (NASDAQ:AAPL) appears well-insulated from competition from AI-powered smart glasses over the next few years, according to Oppenheimer analysts, who noted that significant design hurdles remain unresolved. After testing Meta’s latest Ray-Ban Display glasses in a New York City demonstration, the firm highlighted “the key challenges that have prevented smart glasses from mass consumer adoption…

Crude oil prices have faced significant downward pressure this week, and Citigroup anticipates further losses in the final quarter of 2025. As of 06:35 ET (10:35 GMT), Brent crude futures were trading 0.6% higher at $64.49 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 0.6% to $60.84 a barrel. Despite this intraday bounce,…

Clients of Bank of America Securities have recorded unprecedented sales of large-cap equities over the past two weeks, marking one of the most significant moves since 2008. According to the bank, clients were net sellers of individual stocks for the third consecutive week, with last week’s outflows totaling $5.7 billion, following a prior week also…

Gold prices surged to new record highs this week as political uncertainty in Washington drove investors toward safe-haven assets. The rally comes in the wake of a U.S. government shutdown, following the failure of a Senate vote on a Republican-backed spending bill. This environment has kept traders favoring precious metals, which also saw gains this…

White Mountains Insurance Group (NYSE:WTM) announced on Friday that it has finalized an agreement to sell a controlling stake in Bamboo to investment funds advised by CVC Capital Partners. Bamboo, a tech-driven insurance distribution platform, offers homeowners’ insurance and related products to the residential property market in California and Texas. The deal is expected to…

Reddit (NYSE:RDDT) saw its stock climb 5% Friday, recovering from recent declines after bullish analyst commentary highlighted the platform’s advertising revenue potential despite lingering user concerns. Shares had fallen 14% over the last five days amid worries over declining daily active users (DAUs) and reduced citation share on ChatGPT. However, Citizens analyst Andrew Boone offered…

Roblox Corp. (NYSE:RBLX) saw its stock fall 4% Friday morning as investors weighed concerns over slowing growth in its primary markets. M Science analyst Corey Barrett noted that while Daily Active User (DAU) growth remained robust worldwide in September, the company’s bookings expansion “has decelerated sharply from recent highs in the U.S. and to a…

American Express Banking Corp (NYSE:AXP) has been fined 3.18 million rupees ($35,818) by the Reserve Bank of India for failing to adhere to credit and debit card issuance rules. The central bank stated that American Express did not return certain credit balances to cardholders, arising from refunds, failed transactions, or reversals, which should have been…