ADVFN US – Market Content Editor
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Accenture unveils Cyber.AI platform built on Anthropic’s Claude model
Accenture (NYSE:ACN) has introduced Cyber.AI, a new cybersecurity platform powered by Anthropic’s Claude artificial intelligence model, the company said in a press release. The tool is designed to help organizations shift from traditional human-paced responses to always-on, AI-driven security operations. Cyber.AI integrates Accenture’s proprietary library of autonomous agents with the reasoning capabilities of Claude. Within…
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Gold retreats as investors weigh mixed signals on U.S.-Iran de-escalation
Gold prices declined during Asian trading on Thursday as markets assessed conflicting developments surrounding the Iran conflict, while a stronger U.S. dollar reduced the appeal of bullion. By 03:00 ET (07:00 GMT), spot gold had fallen 1.1% to $4,457.06 an ounce. U.S. gold futures dropped 2.2% to $4,485.10. The precious metal had recovered earlier in…
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Oil rises as Iran weighs U.S. proposal aimed at ending conflict
Oil prices moved higher on Thursday as markets reacted to mixed signals about possible de-escalation in the Middle East, while Iran considered a U.S. proposal intended to bring the war to an end. By 05:33 ET (09:33 GMT), Brent crude futures for May delivery, the global benchmark, had gained 4.0% to $106.34 per barrel. U.S.…
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Futures slip while oil holds above $100 as markets track Iran conflict developments: Dow Jones, S&P, Nasdaq, Wall Street
U.S. equity futures pointed lower on Thursday as investors sifted through a wave of reports about possible negotiations aimed at ending the Iran conflict. Oil prices remained above $100 per barrel, the U.S. dollar strengthened slightly and gold prices moved lower. Meanwhile, Jefferies Financial (NYSE:JEF) reported first-quarter results that were weighed down by losses tied…
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Markets in Motion: gold sentiment hits extremes as energy sets up
Key Takeaways Gold weakness may be signalling a turning point Markets remain volatile as geopolitical tensions continue to drive sharp moves across commodities, particularly gold and silver. In this week’s Markets in Motion, Bruce Campbell highlights a notable shift in gold sentiment, with multiple indicators approaching levels that have historically aligned with market bottoms. Data…
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Middle East Peace Hopes and Falling Oil Prices Lift Wall Street
U.S. stocks closed broadly higher on Wednesday as investors embraced reports that the White House had delivered a comprehensive 15-point ceasefire proposal to Iran, raising hopes for a diplomatic resolution to the conflict that has rattled markets throughout March. Falling crude oil prices added fuel to the rally, easing the inflation concerns that weighed on…
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Corcept shares soar after FDA approves relacorilant cancer treatment
Shares of Corcept Therapeutics (NASDAQ:CORT) surged about 40% on Wednesday after the U.S. Food and Drug Administration (FDA) approved relacorilant (Lifyorli) in combination with nab-paclitaxel for the treatment of adults with platinum-resistant epithelial ovarian, fallopian tube, or primary peritoneal cancer. The approval covers patients who have previously undergone one to three systemic treatment regimens, including…
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Chewy shares jump after strong fourth-quarter earnings beat
Shares of Chewy Inc. (NYSE:CHWY) climbed about 10% in premarket trading after the online pet retailer reported fourth-quarter results that topped analyst expectations. The company posted adjusted earnings per share of $0.27, exceeding the analyst consensus of $0.09 by $0.18. Quarterly revenue totaled $3.26 billion, in line with forecasts and marking 8.1% growth on a…
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SentinelOne shares rise after expanded Google Cloud security partnership
Shares of SentinelOne (NYSE:S) climbed about 2% on Wednesday after the cybersecurity company announced an expanded multi-year strategic partnership with Google Cloud aimed at developing integrated security solutions. The collaboration will combine SentinelOne’s endpoint detection and response technology and AI-native security platform with Google Cloud’s infrastructure and threat intelligence capabilities. The companies said the initiative…
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Bunge shares slip after short seller calls for accounting probe
Shares of Bunge Global SA (NYSE:BG) declined more than 2% in premarket trading Wednesday after short-selling firm Spruce Point Management released a report urging an independent investigation into the company’s accounting practices and financial disclosures. Spruce Point published what it described as a forensic analysis of the agribusiness group, arguing that the S&P 500 constituent…