ADVFN US – Market Content Editor
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Gold Slips Ahead of U.S.-Iran Talks and CPI Release, Still Set for Weekly Gain
Gold prices moved slightly lower during Asian trading on Friday but remained on course for a weekly increase, supported by a fragile ceasefire between the United States and Iran. Investors, however, stayed cautious ahead of anticipated diplomatic talks over the weekend. Spot gold declined 0.2% to $4,752.29 per ounce as of 02:31 ET (06:31 GMT),…
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Oil Gains on Saudi Supply Fears as Hormuz Traffic Remains Severely Disrupted
Oil prices moved higher on Friday, supported by renewed concerns over supply disruptions in Saudi Arabia and continued paralysis in tanker movements through the strategically vital Strait of Hormuz. Despite the uptick, crude remained on track for a weekly decline as market tensions eased somewhat following a fragile two-week ceasefire agreement between the United States…
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Markets Cautious as Fragile U.S.-Iran Truce Holds; CPI Data in Focus: Dow Jones, S&P, Nasdaq, Wall Street Futures
Futures tied to major U.S. indices traded with little direction on Friday, as investors monitored a delicate ceasefire between the United States and Iran. Continued Israeli strikes on Hezbollah-linked positions in Lebanon have added uncertainty ahead of potential weekend discussions between Washington and Tehran. Meanwhile, oil prices moved slightly higher and gold edged lower, with…
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Wall Street Extends Rally as AI Mega-Deal and Chip Strength Offset Ceasefire Jitters
U.S. stocks posted a second straight day of gains on Thursday, though at a far more measured pace than Wednesday’s blockbuster rally. Investors continued to ride the wave of optimism from the U.S.-Iran ceasefire, but fresh doubts about the agreement’s durability kept a lid on the advance. The session’s real energy came from the technology…
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C4 Therapeutics shares jump on expanded oncology collaboration with Roche
C4 Therapeutics (NASDAQ:CCCC) shares climbed about 10% after the company announced a broadened partnership with Roche (SIX:RO, ROP; OTCQX:RHHBY) to develop degrader-antibody conjugates targeting cancer. Under the terms of the agreement, C4 Therapeutics will receive an upfront payment of $20 million and could earn more than $1 billion in potential milestone payments tied to discovery,…
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Neogen tops estimates as food safety segment drives growth
Neogen Corp. (NASDAQ:NEOG) reported third-quarter results on Thursday that came in ahead of analyst forecasts, supported by strong performance in its food safety business. Shares of the company rose 1.16% in premarket trading following the announcement. The food safety and animal health company posted adjusted earnings per share of $0.09, surpassing the consensus estimate of…
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Chevron confirms oil discovery at Bandit prospect in Gulf of America
Chevron Corporation (NYSE:CVX) said it has confirmed an oil discovery at the Bandit prospect in the Gulf of America, according to a company statement. The exploration well is located in Green Canyon Block 680, roughly 125 miles south of the Louisiana coastline. The well encountered oil-bearing Miocene sand formations. Occidental Petroleum operates the project with…
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Polestar posts record Q1 retail sales of 13,126 vehicles, up 7% year-over-year
Polestar (NASDAQ:PSNY) reported first-quarter 2026 retail sales of 13,126 vehicles, representing a 7% increase compared with the same period in 2025, the company said in a statement. The Swedish electric vehicle maker said the result marked its strongest first-quarter retail sales performance to date. In the first quarter of 2025, Polestar delivered 12,263 vehicles. During…
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PMGC Holdings shares jump after subsidiary secures new defense supply contract
PMGC Holdings (NASDAQ:ELAB) shares climbed 14% on Wednesday after its subsidiary AGA Precision Systems announced a new long-term supply agreement with a Tier 1 aerospace and defense customer. The contract represents AGA’s second long-term deal with an aerospace and defense partner in 2026, following a similar agreement signed with Turbo-Jet Products Co. on March 31.…
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Infleqtion delivers upgraded quantum hardware to the International Space Station
Infleqtion Inc. (NYSE:INFQ) is sending enhanced quantum hardware to the International Space Station as part of NASA’s Northrop Grumman-24 cargo mission. The company developed the upgraded physics package for the Cold Atom Laboratory in partnership with NASA’s Jet Propulsion Laboratory. According to the company, the improved system is intended to achieve record numbers of atoms…