ADVFN US – Market Content Editor
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Gold Stabilizes as Tariff Risks Boost Safe-Haven Demand; Markets Await U.S. PCE Data
Gold prices remained largely unchanged in Asian trading Friday, steadying after recent declines from record highs as new U.S. tariff measures kept investors leaning toward safe-haven assets. The market’s attention is turning to upcoming U.S. inflation figures, which have helped maintain interest in gold. Despite posting a series of record highs in recent weeks, the…
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Oil Set for Three-Month High as Russia Limits Fuel Exports
Oil prices edged upward on Friday, poised for their largest weekly gain in three months, as Ukrainian attacks on Russian energy infrastructure prompted Moscow to restrict fuel shipments and brought it close to cutting crude production. Brent futures increased by 21 cents, or 0.3%, to $69.63 a barrel by 0635 GMT, while U.S. West Texas…
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U.S. Stocks Extend Pullback Ahead Of Key Inflation Data
Following the pullback seen over the two previous sessions, stocks saw further downside during trading on Thursday. The major averages continued to give back ground after ending Monday’s trading at new record closing highs. The major averages ended the day well off their lows of the session but still firmly negative. The Nasdaq slid 113.16…
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Cipher Mining Stock Dips After $800 Million Convertible Note Announcement
Cipher Mining Inc (NASDAQ:CIFR) saw its stock fall 1.3% in premarket trading Thursday following the company’s disclosure of an $800 million convertible senior note offering due 2031, targeted at qualified institutional buyers in a private placement. The zero-coupon notes are set to mature on October 1, 2031, unless they are repurchased, redeemed, or converted earlier.…
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Caliber Stock Dips Following $4 Million Chainlink Acquisition
CaliberCos Inc (NASDAQ:CWD) saw its stock decline 4% in premarket trading Thursday after the real estate and digital asset management company disclosed a $4 million purchase of Chainlink (LINK) tokens. The acquisition involved 183,421 LINK tokens at an average cost of $21.81 per token, including fees and expenses. With this purchase, Caliber’s total LINK holdings…
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OFA Group Shares Jump on Plans for AI-Driven Real Estate Tokenization Platform
OFA Group, Inc. (NASDAQ:OFAL) stock surged 20.3% in premarket trading Thursday after the company unveiled plans to launch a Real Estate Equity and Mortgage Assets (RWA) Platform leveraging AI and Web3 technology. The platform is designed to establish a digital marketplace where real estate equity and mortgage-backed assets can be tokenized, fractionalized, and securely traded…
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Cemtrex Shares Plunge Following 1-for-15 Reverse Stock Split Announcement
Cemtrex Inc (NASDAQ:CETX) stock fell sharply 31.3% in premarket trading Thursday after the company revealed plans for a 1-for-15 reverse stock split, a move designed to maintain compliance with Nasdaq listing rules. The reverse split is set to take effect on September 29, 2025, and aims to lift Cemtrex’s share price above the $1 minimum…
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Evaxion Biotech Shares Jump Following MSD Vaccine Licensing Deal
Evaxion Biotech AS (NASDAQ:EVAX) surged 33% in premarket trading Thursday after announcing that MSD (NYSE:MRK) has exercised its option to license Evaxion’s vaccine candidate EVX-B3. Under the agreement, Evaxion will receive $7.5 million upfront and could earn up to $592 million in future development, regulatory, and sales milestone payments, along with royalties on net sales.…
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Plus Therapeutics Shares Surge After UnitedHealthcare Coverage Deal
Plus Therapeutics Inc. (NASDAQ:PSTV) jumped 60% in premarket trading Thursday following news of a national agreement with UnitedHealthcare Insurance Company (NYSE:UNH) covering its CNSide® Cerebrospinal Fluid Tumor Cell Enumeration test. The agreement, effective September 15, 2025, provides coverage for more than 51 million people across the United States. The test is available through CNSide Diagnostics,…
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SciSparc Shares Surge Following Launch of Quantum Computing Program
SciSparc Ltd. (NASDAQ:SPRC) jumped 45.5% in premarket trading Thursday after announcing a new quantum computing initiative focused on 3D protein modeling. The clinical-stage pharmaceutical company, specializing in therapies for central nervous system disorders, revealed that its board has approved a program designed to revolutionize drug discovery using quantum computing technology. The project aims to enhance…