ADVFN US – Market Content Editor
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Boston Scientific shares fall after cybersecurity incident disrupts operations
Boston Scientific (NYSE:BSX) disclosed on Tuesday that a cybersecurity incident has affected some of its information technology systems, disrupting parts of the medical device company’s operations. Shares of Boston Scientific fell 4% in premarket trading on Wednesday following the disclosure. Order processing and shipments affected The company said the incident has restricted or disrupted access…
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Lumen extends Multi-Cloud Gateway access to more than 10 million US business sites
Lumen Technologies (NYSE:LUMN) has broadened the reach of its Multi-Cloud Gateway service, enabling enterprises to connect more than 10 million business locations across the US to private cloud networking, including sites outside the company’s own fibre network. The expansion allows eligible locations connected through third-party networks to access the same cloud networking environment available to…
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US tariff risk disrupts copper surplus as prices approach record high
Copper prices are closing in on an all-time high as the threat of US import tariffs reshapes global metal flows, despite analysts saying the wider market is not suffering from an outright shortage. Three-month copper on the London Metal Exchange climbed as high as $14,343 per metric ton on Tuesday, putting it close to the…
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Gold eases but holds near three-month high as oil and yields decline
Gold prices edged lower on Wednesday but remained close to a three-month high, with falling oil prices and lower US Treasury yields helping to ease inflation concerns as investors monitored diplomatic efforts involving Iran and Oman over the Strait of Hormuz. At 01:10 ET, or 05:40 GMT, XAU/USD was down 0.4% at $4,642.38 an ounce,…
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Oil prices drop more than 2% on hopes of Middle East diplomatic progress
Oil prices fell sharply on Wednesday, extending losses from the previous session as reports suggested progress in diplomatic efforts to reduce hostilities in the Middle East and restore shipping through the Strait of Hormuz. Brent crude futures were down 2.6% at $86.30 a barrel by 04:17 ET, or 08:17 GMT, while US West Texas Intermediate…
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Nvidia earnings and PCE inflation data take centre stage as oil prices slide: Dow Jones, S&P, Nasdaq, Wall Street Futures
US stock futures were subdued on Wednesday as investors prepared for Nvidia’s closely watched quarterly earnings and fresh inflation data, while signs of diplomatic progress in the Middle East pushed oil prices sharply lower. Sentiment was also shaped by an escalating trade dispute between the US and Canada, with Ottawa announcing retaliatory tariffs on hundreds…
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Chip Rebound and Falling Yields Lift Wall Street Ahead of Nvidia Earnings
U.S. stocks closed higher on Tuesday as a rebound in technology and chipmaker shares, easing Treasury yields, and softer oil prices helped Wall Street shake off recent volatility. Investors positioned cautiously ahead of Nvidia’s closely watched earnings report on Wednesday, which many see as a key test of the artificial intelligence trade that has driven…
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Greenland Mines Sarfartoq Initial Assessment Values Rare Earth Project at Up to $2.05 Billion
Greenland Mines (NASDAQ:GRML) has released an independent Sarfartoq Initial Assessment that values its Greenland rare earth project at up to $2.05 billion on a pre-tax NPV basis under a high-case scenario, with a 118.6% internal rate of return and a planned nine-year mine life. Key Investor Takeaways Why GRML Stock Is in Focus The independent…
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ParaZero Secures First DefendAir Order From U.S. Federal Agency
ParaZero Technologies (NASDAQ:PRZO) has secured its first DefendAir order from a U.S. federal agency, marking the company’s entry into the U.S. government Counter-UAS market with an initial sale covering interception equipment and operator training. Key Investor Takeaways Why PRZO Stock Is in Focus The U.S. federal order represents the first sale of ParaZero’s DefendAir Counter-UAS…
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Swvl Secures $13 Million Strategic Investment to Fund U.S. Expansion and New Lending Offering
Swvl Holdings (NASDAQ:SWVL) has secured a $13 million strategic investment led by Coefficient LP, backed by the Sawiris family, providing fresh capital to accelerate its U.S. expansion, launch a lending offering for transport operators and strengthen its balance sheet. Key Investor Takeaways Why SWVL Stock Is in Focus Swvl has agreed to issue 8,990,317 Class…