ADVFN US – Market Content Editor

Corporate share repurchases worldwide are on track to reach an unprecedented $1.9 trillion in 2025, according to a JPMorgan report published Thursday. The bank highlighted that buyback activity in the first eight months of this year has already matched the total $1.37 trillion executed throughout 2024. This pace translates to a 38% year-on-year increase, far…

Figure Technology, a stablecoin issuer, successfully raised $787.5 million in its initial public offering on Wednesday, with shares priced above the company’s recently revised range. The New York-based firm, along with some existing investors, sold 31.5 million shares at $25 apiece, surpassing the $20–$22 range set earlier. This places Figure’s market valuation at approximately $5.29…

Shares of gun manufacturers and retailers climbed in early trading Thursday, extending momentum from the previous session after the fatal shooting of U.S. conservative activist Charlie Kirk on Wednesday. Smith & Wesson Brands (NASDAQ:SWBI) saw its stock rise more than 4% in premarket activity, while Outdoor Holding (NASDAQ:POWW) advanced over 3%. GrabAGun (NYSE:PEW), a firearm…

U.S. stock futures rose modestly Thursday as investors prepared for crucial inflation data that could shape the Federal Reserve’s next moves. Meanwhile, the European Central Bank is expected to leave rates unchanged in its policy announcement later in the day. Adobe (NASDAQ:ADBE), the creator of Photoshop and Acrobat Pro, will also draw attention when it…

Gold prices held close to historic peaks on Thursday, despite a modest pullback in Asian trading, as investors weighed upcoming U.S. inflation data against strong expectations for a Federal Reserve interest rate cut next week. Spot gold fell 0.4% to $3,627.59 per ounce by 02:04 ET (06:04 GMT), while December U.S. gold futures slipped 0.5%…

Bitcoin (COIN:BTCUSD) extended gains on Thursday, climbing to $114,076.8 as softer U.S. producer price data fueled hopes that the Federal Reserve may soon ease interest rates. Market focus is shifting to the upcoming August consumer price index (CPI) report for additional insight into inflation trends. The world’s largest cryptocurrency led gains across major digital assets,…

Oil prices held steady in Asian markets on Thursday following strong gains earlier in the week, driven by escalating geopolitical tensions in Russia and the Middle East, which raised concerns over potential supply disruptions. Despite the rally, traders remained cautious due to fears of oversupply. U.S. data showing an unexpected build of 3.93 million barrels…

Cryptocurrency exchange Gemini, founded by Cameron and Tyler Winklevoss, has increased the price range for its upcoming initial public offering, scheduled for Friday. Shares are now expected to be priced between $24 and $26, up from the prior range of $17 to $19. With this adjustment, Gemini could raise as much as $433 million, valuing…

Shares of The Trade Desk (NASDAQ:TTD) fell 7% after news emerged that Amazon Ads (NASDAQ:AMZN) and Netflix (NASDAQ:NFLX) are partnering to offer advertisers access to Netflix’s premium ad inventory via Amazon’s demand-side platform (DSP). The collaboration, announced today, will allow brands to buy Netflix ad space programmatically through Amazon DSP starting in Q4 2025. The…