ADVFN US – Market Content Editor
-
Oil prices edge higher as Strait of Hormuz tensions outweigh supply concerns
Oil prices moved modestly higher on Tuesday after renewed security incidents in the Strait of Hormuz revived concerns over potential disruptions to global energy shipments, offsetting expectations of stronger supply from OPEC+ producers. By 04:41 ET (08:41 GMT), Brent crude futures had risen 1.1% to US$72.77 a barrel, while US West Texas Intermediate crude futures…
-
Gold prices weaken as investors await Federal Reserve meeting minutes
Gold prices moved lower on Tuesday as traders adopted a cautious stance ahead of the publication of the Federal Reserve’s latest policy meeting minutes, which are expected to provide fresh clues on the outlook for US interest rates. By 05:30 ET (09:30 GMT), spot gold had fallen 1.0% to US$4,124.28 an ounce, while gold futures…
-
US futures edge lower as investors assess Samsung results and Fed outlook: Dow Jones, S&P, Nasdaq, Wall Street
US stock index futures traded cautiously on Tuesday after the Dow Jones Industrial Average reached a record high in the previous session, while investors weighed another strong earnings update from Samsung Electronics (USOTC:SSNHZ) alongside fresh comments from Federal Reserve Governor Christopher Waller. Futures pause after Wall Street records By 03:02 ET (07:02 GMT), futures linked…
-
Dow Closes Above 53,000 for the First Time as AI Rally Lifts Wall Street
Wall Street kicked off the first full trading week of July with gains across the board, as renewed confidence in the artificial intelligence trade lifted technology and semiconductor stocks and helped the Dow Jones Industrial Average close above 53,000 for the first time. Coming off a holiday-shortened week that ended with the Dow at a…
-
Strategy Shares Slip After Reporting $8.32 Billion Bitcoin Loss and Asset Sales (MSTR)
Company Records Large Quarterly Digital Asset Loss Strategy (NASDAQ:MSTR) shares fell 1% on Monday after the company disclosed an $8.32 billion loss on its digital asset holdings for the quarter ended 30 June 2026 and revealed that it had sold bitcoin to fund preferred stock distributions. According to a regulatory filing, the company recognized $8.31…
-
Micron and Ford Sign Long-Term Automotive Memory Supply Agreement (MU)
Partnership Aims to Strengthen Vehicle Supply Chain Micron Technology Inc. (NASDAQ:MU) and Ford Motor Company (NYSE:F) have entered into a long-term strategic customer agreement designed to secure the supply of memory and storage technologies for Ford’s future vehicle programmes. The agreement is intended to support next-generation vehicle production while improving supply chain resilience as demand…
-
Broadcom Shares Rise After Extending Apple Chip Supply Partnership Through 2031 (AVGO)
Multi-Year Agreement Strengthens Long-Term Relationship Broadcom Inc. (NASDAQ:AVGO) shares gained 4% on Monday after the semiconductor company announced a long-term extension of its silicon supply partnership with Apple Inc. (NASDAQ:AAPL), securing a key source of revenue through the end of the decade. The renewed agreement reinforces Broadcom’s role as a major supplier within Apple’s hardware…
-
TeraWulf Shares Surge After Anthropic Lease and Abernathy Stake Sale (WULF)
AI Infrastructure Deal Secures Long-Term Revenue TeraWulf Inc. (NASDAQ:WULF) shares jumped 20% on Monday after the company announced a 20-year lease agreement with Anthropic for its Justified Data campus and disclosed the sale of its majority interest in the Abernathy Joint Venture. The agreement with Anthropic covers a purpose-built artificial intelligence infrastructure campus in Hawesville,…
-
Quantum Cyber Sets 100,000-Drone Annual Production Goal for Planned Connecticut Facility (QUCY)
Company Outlines Manufacturing Expansion Plans Quantum Cyber N.V. (NASDAQ:QUCY) has unveiled production targets for a proposed drone manufacturing facility in Bridgeport, Connecticut, projecting annual output of approximately 100,000 drones once the site reaches full operating capacity. The announcement follows the signing of a Letter of Intent on 8 June 2026 by Quantum Drones Corporation, the…
-
S&P Global Publishes Recast Financial Results Following Mobility Spin-Off (SPGI)
Company Updates Historical Financial Reporting S&P Global (NYSE:SPGI) has released recast and pro forma financial statements reflecting the separation of its former Mobility business, which became an independent publicly traded company, Mobility Global (NYSE:MBGL), on 1 July 2026. The updated financial information removes the contribution of the Mobility division, providing investors with historical results based…