ADVFN US – Market Content Editor
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Oil Prices Climb on Supply Worries Amid Russia-Ukraine Conflict; Fed Policy in Focus
Oil prices rose in Asian trading on Tuesday, extending recent gains as ongoing attacks on Russian energy infrastructure by Ukraine heightened concerns over potential supply disruptions. The escalation comes after Russian forces launched a major offensive in southeastern Ukraine, including the city of Zaporizhzhia, following several weeks of Ukrainian strikes targeting Russian oil facilities. Market…
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Nasdaq, S&P 500 Climb To New Record Closing Highs
Stocks moved mostly higher during trading on Monday, adding to the strong gains posted last week. With the continued upward move, the Nasdaq and the S&P 500 reached new record closing highs. The Nasdaq jumped 207.65 points or 0.9 percent to 22,348.75 and the S&P 500 (SPI:SP500) climbed 30.99 points or 0.5 percent to 6,615.28.…
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Becoming the largest conflict-free tungsten supplier in the world
If you’ve been following critical minerals, here’s why tungsten, and Almonty Industries (NASDAQ: ALM, TSX: AII, ASX:AII), should be on your watchlist. This article is being disseminated on behalf of Almonty Industries, a third-party issuer and is intended for informational purposes only. 1. A Critical national security metal Tungsten is officially classified as a critical mineral by…
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U.S. crypto ETFs drew over $2 billion in inflows last week
Last week, U.S. spot Bitcoin ETFs recorded five consecutive days of net inflows, totaling $2.323 billion. This brought assets under management (AUM) to $15.318 billion. The inflows were led by BlackRock’s ETF (NASDAQ:IBIT), which received $1.036 billion, followed by Fidelity’s ETF (AMEX:FBTC) with $849 million. Meanwhile, spot Ethereum ETFs also showed strength, attracting $637 million…
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Forward Industries launches billion-dollar Solana plan
Forward Industries (NASDAQ:FORD) announced the purchase of 6.82 million Solana tokens (COIN:SOLUSD) at an average price of $232 per token, spending approximately $1.58 billion. The funding came from a recently completed $1.65 billion PIPE financing, led by Galaxy Digital, Jump Crypto, and Multicoin Capital. The transaction is considered the largest treasury raise focused exclusively on…
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Strategy expands Bitcoin position with new $60 million purchase
Strategy (NASDAQ:MSTR), formerly known as MicroStrategy, has strengthened its Bitcoin (COIN:BTCUSD) treasury by acquiring an additional 525 BTC in a transaction valued at approximately $60.2 million, according to a filing with the SEC. The average price paid per coin was around $114,562. This acquisition marks the company’s seventh consecutive week of Bitcoin purchases. Under Michael…
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Uber stock hits record $97.77 as market cap tops $204 billion
Uber Technologies Inc. (NYSE:UBER) reached a new high on Monday, with its shares trading at $97.77, pushing the company’s market capitalization to $204.87 billion. This milestone underscores a strong upward trajectory over the past year, with Uber stock delivering a 58.97% gain year-to-date. Revenue has risen 18.15% over the last twelve months, highlighting investor confidence…
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Oracle shares rise as Trump signals potential TikTok agreement
Oracle (NYSE:ORCL) saw its stock climb more than 4% on Monday after U.S. President Donald Trump indicated progress toward a deal to secure TikTok’s U.S. operations. On his Truth Social account, Trump hinted that discussions with Beijing had produced results. “A deal was also reached on a ‘certain’ company that young people in our Country…
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Alphabet reaches $3 trillion market cap as shares surge to record levels
Alphabet (NASDAQ:GOOG), the parent company of Google, achieved a market capitalization of $3 trillion on Monday, marking the first time in the company’s history it has reached this milestone and placing it among a select group of tech giants to do so. Both Alphabet’s Class A and Class C shares advanced approximately 3.8% to $250,…
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Rumble shares rise after JD Vance announces hosting Charlie Kirk’s show
Rumble (NASDAQ:RUM) stock climbed 5% Monday following an announcement from Vice President JD Vance that he will host Charlie Kirk’s show on the video platform. Vance posted on social media that he would be hosting the program at 12:00 PM ET on Tuesday, saying he would “pay tribute to my friend” Kirk, who tragically passed…