ADVFN US – Market Content Editor
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Gold Holds Steady as Traders Await Fed Decision; Silver Trades Close to Record Peaks
Gold prices were little changed during Asian trading on Tuesday, with investors adopting a cautious stance ahead of this week’s Federal Reserve meeting, where another interest rate cut is widely expected. Although gold has shown some softness in early December, the metal remains supported by a four-month streak of strong gains driven by optimism over…
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Dollar Steadies Ahead of Fed Decision as Euro Firms and Aussie Advances
The U.S. dollar showed little movement on Tuesday as traders awaited the final Federal Reserve meeting of the year, while the Australian dollar strengthened after a more hawkish tone from the Reserve Bank of Australia. At 04:00 ET (09:00 GMT), the Dollar Index — which tracks the greenback against a basket of six major currencies…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Fed Meeting Begins; Paramount Escalates WBD Battle: Here’s What’s Moving Markets
U.S. equity futures were pointing modestly higher early Tuesday as traders braced for what could be a highly debated Federal Reserve decision on Wednesday. Markets were also digesting a dramatic new twist in the bidding war for Warner Bros Discovery (NASDAQ:WBD), fresh policy news affecting Nvidia (NASDAQ:NVDA), and another small pullback in Bitcoin (COIN:BTCUSD). Futures…
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Stellantis and Bolt Team Up to Roll Out Autonomous Mobility Services Across Europe
Stellantis NV (NYSE:STLA) and Bolt have announced a new partnership aimed at bringing large-scale driverless mobility solutions to European cities, with pilot programs scheduled to launch in 2026 and full industrial production targeted for 2029. The initiative is designed to speed up the adoption of autonomous vehicles across the continent, leveraging the strengths of both…
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Ford Looks to Renault to Reinforce Its European Operations as Chinese Rivals Gain Ground
Ford (NYSE:F) has enlisted Renault (EU:RNO) as a strategic partner in an effort to strengthen its European business at a time when Chinese automakers are rapidly expanding their global presence. “We know we’re in a fight for our lives in our industry, and no better example than here in Europe,” Ford Chief Executive Officer Jim…
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EU Opens Antitrust Investigation into Google’s AI Practices
The European Union has initiated a formal antitrust probe into Alphabet’s (NASDAQ:GOOG) Google, examining whether the company’s conduct in the artificial intelligence space may be harming competition. In a statement released Tuesday, the European Commission said it is assessing whether Google has been imposing unfair terms on publishers and content creators, potentially restricting their ability…
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U.S. Stocks Close Modestly Lower As Fed Meeting Looms
Stocks moved to the upside at the start of trading on Monday but moved lower over the course of the trading session. The major averages pulled back off their early highs and into negative territory. The major averages staged a short-lived recovery attempt in mid-day trading but all ended the day in the red. The…
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U.S. iPhone upgrade interest at its lowest level in five years, UBS survey shows
Apple (NASDAQ:AAPL) is seeing weakening iPhone purchase intent in the U.S., according to new data from UBS Evidence Lab, even as interest in China unexpectedly improved. The survey, which gathered responses from more than 7,500 smartphone users across five major markets, found that 12-month U.S. iPhone purchase intent slid by roughly 400 basis points to…
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Chipotle gains after approving $1.8 billion in additional share buybacks
Chipotle Mexican Grill (NYSE:CMG) climbed 2.5% on Monday after disclosing that its Board of Directors approved another $1.8 billion for share repurchases. According to the company’s SEC filing, the authorization—approved on December 4—brings Chipotle’s total remaining buyback capacity to roughly $1.85 billion as of December 5. The move signals a shift in Chipotle’s capital-return strategy.…
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Castellum rallies after landing key Missile Defense Agency SHIELD contract positions
Castellum, Inc. (AMEX:CTM) rose 5.3% on Monday following news that the company’s subsidiary and joint-venture partners secured spots on the Missile Defense Agency’s SHIELD Multiple Award IDIQ contract vehicle. The cybersecurity and electronic-warfare services firm said that Specialty Systems, Inc., CTM Joint Venture, the C-K2 mentor-protégé JV, and the Epic Specialty Systems mentor-protégé JV all…