ADVFN US – Market Content Editor

Gold prices dipped slightly on Friday in Asian trading but remain on track for strong gains in August, driven by increasing expectations of a September interest rate cut from the Federal Reserve. The market is closely watching the upcoming U.S. personal consumption expenditures (PCE) price index, the Fed’s preferred inflation measure, for guidance on the…

Oil markets retreated in Asian trading on Friday after posting gains the previous day, as investors assessed weakening prospects for a Russia-Ukraine peace agreement and evaluated the impact of new U.S. tariffs on India. By 21:52 ET (01:52 GMT), October Brent futures were down 0.8% at $68.10 per barrel, while WTI futures fell 0.7% to…

U.S. stock futures edged lower on Friday as investors awaited the release of the Federal Reserve’s key inflation gauge. European inflation data is also due, while the Trump administration has ended the “de minimis” exemption on low-value imports. Focus on U.S. Inflation All eyes are on the U.S. personal consumption expenditures (PCE) price index, the…

The Sandbox, a French blockchain metaverse pioneer, has announced a drastic restructuring to address the sector’s declining relevance. According to Bravenewcoin, the company has laid off more than half of its global team, surpassing 250 cuts, and removed its founders Sébastien Borget and Arthur Madrid from operational roles. Control is now directly in the hands…

American Bitcoin, a cryptocurrency mining company founded in March, plans to go public on the Nasdaq in September. The company is 80% owned by Canada’s Hut 8 (NASDAQ:HUT), while Donald Trump Jr. and Eric Trump hold the remaining 20%, linking the business to one of the most influential political families in the US. American Bitcoin…

The US government has officially begun publishing economic data on public blockchains, including Bitcoin, Ethereum, and Solana. The Commerce Department’s announcement marks a historic step in bringing Gross Domestic Product (GDP) and other indicators into decentralized, globally accessible networks. The measure does not replace traditional disclosure, but it certainly expands data distribution channels and lends…

Shares of Travere Therapeutics Inc (NASDAQ:TVTX) jumped 8.8% after the U.S. Food and Drug Administration approved revised monitoring guidelines for its kidney disease therapy FILSPARI. The FDA has reduced the required liver function checks for patients on FILSPARI from monthly to once every three months. Additionally, the agency eliminated the embryo-fetal toxicity monitoring requirement from…

Agrify Corporation (NASDAQ:AGFY) saw its stock leap 50% after the company announced it had purchased a portfolio of brand intellectual properties from Green Thumb Industries for $50 million, funded via a convertible note. The deal includes well-known cannabis brands such as RYTHM, Dogwalkers, and Beboe. Under the agreement, Agrify will license the brands back to…

SharkNinja Inc. (NYSE:SN) saw its stock decline about 5% on Thursday following news that Chief Financial Officer Patraic Reagan will step down, effective September 5, 2025. According to a Securities and Exchange Commission filing, Reagan informed the company of his decision on August 26. SharkNinja stressed that his resignation is unrelated to any disputes or…