ADVFN US – Market Content Editor
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Google Set to Move Production of Premium Smartphones to Vietnam, Report Says
Google (NASDAQ:GOOG) is preparing to start developing and manufacturing its top-tier smartphones in Vietnam later this year, according to a report published Tuesday by Nikkei Asia. Citing sources familiar with the plans, the report said Google will carry out new product introduction (NPI) work in Vietnam for its Pixel, Pixel Pro and Pixel Fold models,…
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Charles River Laboratories Agrees to Buy PathoQuest from SHS Capital
Charles River Laboratories International (NYSE:CRL) said it has reached an agreement to acquire PathoQuest SAS from healthcare-focused private equity firm SHS Capital, together with its co-investors. The deal is intended to bring together PathoQuest’s proprietary next-generation sequencing technology with Charles River’s global platform, a move that is expected to speed up the broader use of…
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Gold Holds Near Record Territory as Fed Independence Concerns Persist; U.S. CPI in Focus
Gold prices paused just below record highs on Tuesday, as investors weighed heightened geopolitical tensions in Iran and growing concerns over U.S. political pressure on the Federal Reserve, while awaiting the release of closely watched U.S. inflation data later in the session. Spot gold was little changed at $4,588.9 an ounce by 01:08 ET (06:08…
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Dow Jones, S&P, Nasdaq, Wall Street, U.S. Futures Edge Lower Ahead of CPI Data and JPMorgan Results
Futures tied to the main U.S. equity benchmarks traded modestly lower on Tuesday, as investors positioned themselves for a key inflation release and the opening wave of quarterly earnings. Markets are also digesting political fallout linked to an investigation involving the Federal Reserve, while oil prices continued to climb amid unrest in Iran. Futures ease…
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U.S. Stocks Recover From Initial Pullback To Close Modestly Higher
Stocks moved to the downside at the start of trading on Monday but showed a notable recovery over the course of the session. The major averages climbed well off their lows of the session and into positive territory, with the Dow and the S&P 500 reaching new record closing highs. The major averages pulled back…
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Gold Sets Fresh Record as Iran Unrest and Fed Pressure Drive Haven Demand
Gold prices surged to unprecedented levels on Monday, lifted by escalating political turmoil in Iran, rising pressure on the U.S. Federal Reserve, and softer-than-expected U.S. labor market data, all of which fueled demand for safe-haven assets. At 08:55 ET (13:55 GMT), spot gold was up 2.4% at $4,618.85 an ounce, after touching an all-time high…
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Oil Prices Pause After Recent Rally as Iran Unrest and Venezuela Supply Outlook Offset Each Other
Oil prices traded in a narrow range on Monday following last week’s strong gains, as markets balanced the risk of supply disruptions linked to escalating protests in Iran against the possibility of additional supply returning from Venezuela. At 08:15 ET (13:15 GMT), Brent crude futures for March delivery were down 0.3% at $63.16 a barrel,…
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Affirm Shares Gain as Trump’s Credit Card Rate Proposal Shifts Investor Focus
Shares of Affirm Holdings (NASDAQ:AFRM) climbed about 3% on Monday morning after U.S. President Donald Trump floated the idea of imposing a temporary cap on credit card interest rates. Trump said on his Truth Social platform that he wants to introduce a one-year ceiling of 10% on credit card interest rates starting January 20. The…
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Atara Biotherapeutics Shares Sink After FDA Issues Rejection Letter
Shares of Atara Biotherapeutics (NASDAQ:ATRA) plunged about 55% on Monday after the U.S. Food and Drug Administration delivered a Complete Response Letter declining to approve the company’s cancer therapy submission. The FDA rejected EBVALLO (tabelecleucel), Atara’s treatment for Epstein-Barr virus–positive post-transplant lymphoproliferative disease (EBV+ PTLD) in patients who have previously received therapy. In its response,…
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Duolingo Shares Slide After CFO Change and Q4 Update
Shares of Duolingo (NASDAQ:DUOL) dropped about 6.5% on Monday after the company announced a change in its finance leadership and shared preliminary results for the fourth quarter. The Pittsburgh-based language learning group said Gillian Munson will assume the role of Chief Financial Officer on February 23, 2026, succeeding Matt Skaruppa, who is stepping down after…