ADVFN US – Market Content Editor
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Venture Global secures five-year LNG supply agreement with Vitol starting in 2026
Venture Global Inc. (NYSE:VG) announced it has entered into a binding deal with energy trader Vitol for the sale of roughly 1.5 million tonnes per year of U.S. liquefied natural gas over a five-year period beginning in 2026. According to the company, the LNG will be sourced from Venture Global’s network of production facilities. The…
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Nvidia could modify Feynman AI platform amid TSMC capacity constraints – report
Nvidia (NASDAQ:NVDA) may be forced to adjust the design of its upcoming Feynman artificial intelligence platform because of limited manufacturing capacity at Taiwan Semiconductor Manufacturing Co. (NYSE:TSM), according to a report published Monday by Taiwan’s Economic Daily News. The report said demand for TSMC’s cutting-edge 2-nanometer chip production has surged, driven by major AI companies…
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Lockheed Martin conducts first live tracking test with SPY-7 radar
Lockheed Martin (NYSE:LMT) has carried out the first live target tracking test of its SPY-7 radar system, the defense contractor said, in an exercise conducted alongside the U.S. Department of War, the Missile Defense Agency and Japan’s Ministry of Defense. The SPY-7 radar used during the test is slated for deployment in Japan, where it…
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Synopsys gains after report Elliott has taken ‘multibillion-dollar’ stake
Shares of Synopsys Inc (NASDAQ:SNPS) moved higher on Monday following a report that activist hedge fund Elliott Investment Management has accumulated a “multibillion-dollar” position in the company. The Wall Street Journal reported on Sunday, citing people familiar with the matter, that Elliott has built the sizeable stake in the electronic design automation firm. Synopsys shares…
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Musk says SpaceX and Tesla to develop advanced chip plants in Austin
Elon Musk said on Sunday that SpaceX and Tesla (NASDAQ:TSLA) plan to construct two advanced semiconductor manufacturing plants at a large new facility in Austin, Texas — one focused on powering vehicles and humanoid robots, and another aimed at supplying artificial intelligence data centers operating in space. The remarks came a day after Musk unveiled…
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Gold miners slide as bullion deepens losses on rising rate expectations
Shares of major gold mining companies fell sharply on Monday as gold prices dropped to their lowest level in four months, extending a steep decline from last week as geopolitical tensions and inflation concerns push investors to reassess the outlook for global interest rates. Leading producers including Newmont (NYSE:NEM), Barrick (NYSE:B), Agnico Eagle (NYSE:AEM) and…
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U.S. crude jumps 3% as Iran warns of strikes on Gulf power infrastructure after Trump threat
Oil prices moved higher on Monday after Iran’s Revolutionary Guards warned they could target Israel’s power plants and energy facilities supplying U.S. bases across the Middle East if Tehran’s electricity infrastructure is attacked. By 07:31 GMT, Brent crude futures had risen $1.57 to $113.76 per barrel. U.S. West Texas Intermediate crude climbed $3.09, or 3.15%,…
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Gold tumbles to four-month lows
Gold prices have sharply retreated as escalating tensions in the Middle East intensify inflation concerns and strengthen expectations that central banks may raise interest rates. Earlier today, spot gold dropped to $4,234 per ounce, a decline of about 5%, while gold futures slid 7% to $4,267 per ounce. The traditional safe-haven metal has been under…
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Trump issues Iran ultimatum; IEA warns of “severe” oil crisis — what’s driving markets: Dow Jones, S&P, Nasdaq, Wall Street Futures
Futures tied to major U.S. stock indices moved lower Monday as the conflict with Iran continues, raising concerns about a prolonged surge in global energy prices. U.S. President Donald Trump has given Iran until Monday night to reopen the Strait of Hormuz, an ultimatum Tehran has rejected. Meanwhile, the International Energy Agency cautioned that the…
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Long-only funds retreat as hedge funds reduce equity exposure amid rising caution
Equity investors are becoming more defensive as geopolitical tensions and increasing macroeconomic uncertainty weigh on markets, according to a note from Barclays. Analyst Rex Feng said this week that long-only investors are raising their cash levels, with overall long-only equity exposure now sitting at its lowest point in nearly a year. At the same time,…