ADVFN US – Market Content Editor
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Rumble Shares Jump 13% as Quarterly Loss Narrows and ARPU Improves
Rumble Inc. (NASDAQ:RUM) saw its shares surge 13.2% on Monday after reporting third-quarter results that signaled a notable improvement in profitability, even as revenue dipped slightly. The video-sharing platform continues to streamline its operations and strengthen its position ahead of the U.S. election season, a period that typically drives higher engagement. The company posted a…
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TSMC Sees 17% Jump in October Revenue Driven by Soaring AI Chip Demand
Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) reported a sharp rise in October revenue as the world’s largest contract chipmaker continued to ride the global wave of artificial intelligence-driven demand. The company’s monthly revenue climbed 16.9% year over year to T$367.47 billion (US$11.86 billion), marking an 11% increase from September. For the January–October 2025 period, total revenue…
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Oil Prices Climb as U.S. Shutdown Nears Resolution and Demand Outlook Improves
Oil prices rose on Monday, buoyed by optimism that the United States government shutdown may soon end, a development that could strengthen fuel demand in the world’s top oil consumer. The upbeat sentiment helped offset ongoing concerns about rising crude supplies in global markets. By 07:51 GMT, Brent crude futures gained 39 cents, or 0.61%,…
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Gold Breaks Above $4,000 as Dollar Slips and Investors Eye U.S. Shutdown Progress
Gold prices surged in early Asian trading on Monday, climbing back above the $4,000-per-ounce mark as a weaker dollar and optimism over the potential resolution of the U.S. government shutdown boosted demand for the safe-haven asset. The rally was also supported by renewed expectations of a Federal Reserve rate cut in December, though traders remain…
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Dollar Weakens as Hopes Build for End of U.S. Government Shutdown
The U.S. dollar fell on Monday, as growing optimism that Washington’s prolonged government shutdown is nearing resolution reduced demand for safe-haven assets. At 04:00 ET (09:00 GMT), the Dollar Index, which measures the greenback against six major currencies, was down 0.1% at 99.370, extending mild losses from the previous week. Shutdown Progress Lifts Risk Sentiment…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Rally on U.S. Shutdown Progress, COP30 Begins, and Pfizer Clinches Metsera Deal
U.S. stock futures rose sharply on Monday after the Senate voted in favor of a bill aimed at ending the long-lasting government shutdown, also prompting gains for gold and crude oil. The COP30 climate conference begins later in the session, Pfizer has won the bidding war for obesity drug developer Metsera. U.S. Shutdown Breakthrough Sparks Global Optimism…
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Does Germany have a drone problem? Hensoldt, TKMS, Helsing, and NEO Battery Materials!
Drone alerts at German and European airports! At the same time, criticism of Germany’s defense policy is growing louder. Is the federal government investing too much in tanks and other heavy equipment and too little in drones and counter-drone systems? This opinion is shared not only by the head of Germany’s new drone star, Helsing,…
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JPMorgan Sees Retail Investors Extending Stock Buying Momentum Into 2026
Retail investors are expected to keep adding money to equities well into early 2026, according to JPMorgan analysts, who pointed to strong seasonal trends and ongoing momentum in exchange-traded fund (ETF) flows as key drivers. Analyst Nikolaos Panigirtzoglou wrote that “from a seasonality point of view, the strong momentum in the retail impulse into equities…
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Wolfe Research Says Market Rally Will Stay Focused on Mega-Caps Into Year-End
Wolfe Research expects the recent stock market strength to remain largely driven by mega-cap companies, with both fundamentals and sentiment continuing to favor the biggest names. Analyst Chris Senyek noted that “by far the most common inbound question we’ve received from investors over the past few weeks has been whether we expect the market to…
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U.S. Stocks Recover From Early Slump To Close Narrowly Mixed
After initially extending the sharp pullback seen during Thursday’s session, stocks showed a significant rebound over the course of the trading day on Friday. The major averages climbed well off their lows of the session, with the Dow and the S&P 500 reaching positive territory. The major averages ended the day narrowly mixed. While the…