ADVFN US – Market Content Editor
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Gold extends gains to fourth day as Trump hints at potential Iran war exit
Gold prices advanced for a fourth consecutive session during European trading on Wednesday, helped by a softer U.S. dollar as investors assessed signs that the United States and Iran may be moving toward a resolution of the conflict in the Middle East. Spot gold rose 1.6% to $4,742.67 per ounce by 07:20 ET (11:20 GMT),…
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Oil hovers near $100 as Trump signals potential end to Iran conflict
Oil prices retreated from recent multi-year highs during European trading on Wednesday, briefly dipping below the $100-per-barrel mark after U.S. President Donald Trump indicated that Washington could soon move toward ending the war with Iran. Brent crude for June delivery, the global benchmark, was down 1.7% at $102.25 per barrel. Since the conflict began in…
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Nike shares fall in premarket despite earnings beat as China weakness and margin pressure persist
Nike (NYSE:NKE) reported quarterly results on Tuesday that exceeded expectations on both earnings and revenue, but the report highlighted ongoing softness in the important Greater China market along with declining gross margins. Shares of the Dow 30 component dropped more than 9% in premarket trading Wednesday, changing hands at $47.88 by 04:17 ET. The results…
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Tesla registrations rebound in Europe as early March data show strong growth
Tesla (NASDAQ:TSLA) appears to be seeing another solid month for vehicle deliveries in Europe, with early registration data showing sharp increases in several markets including France and Denmark. The electric vehicle maker sold 17,664 units in February, representing 11.8% year-on-year growth, and preliminary figures emerging from March across Europe suggest that sales momentum is continuing.…
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Oil stocks slide as crude drops after Trump signals potential end to Iran war
Oil prices and shares of major energy producers declined on Wednesday after Donald Trump indicated the conflict in Iran could end within “two to three weeks.” Brent crude dropped to as low as $98.35 per barrel before recovering part of its losses to trade back above $102, as investors assessed the possibility that the conflict—which…
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Futures edge higher while oil drops on hopes of Iran war de-escalation — what’s driving markets: Dow Jones, S&P, Nasdaq, Wall Street
U.S. equity futures moved higher on Wednesday as investors grew more optimistic that Washington may be preparing to step back from the conflict in Iran. Oil prices also slipped below $100 per barrel, though they remain significantly above levels seen before the war began. Meanwhile, shares of Nike (NYSE:NKE) declined in after-hours trading following earnings,…
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Laser Photonics: Disrupting Traditional Material Processing
Ricki: Hello, I’m Ricki Lee, and this is the Capital Compass. Today we’re speaking with Laser Photonics (NASDAQ:LASE) in NASDAQ Listed company operating in high growth industrial markets with proprietary laser technologies that are disrupting traditional material processing methods from laser marking systems to precision industrial applications. The company is expanding across multiple verticals, securing…
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Hopes of Iran War Resolution Spark Broad Rally on Wall Street
U.S. stocks surged on Tuesday as reports that President Trump is willing to end the military campaign in Iran triggered a wave of buying across every major sector. The news sent oil prices retreating from recent highs and pushed the fear gauge sharply lower, giving investors their best session in weeks and snapping a streak…
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Meta introduces prescription-ready AI glasses starting at $499
Meta (NASDAQ:META) on Tuesday unveiled two new AI-powered smart glasses designed for users who require prescription lenses: the Ray-Ban Meta Blayzer Optics (Gen 2) and the Ray-Ban Meta Scriber Optics (Gen 2). The new models include features such as overextension hinges, interchangeable nose pads, and adjustable temple tips to improve comfort and fit for prescription…
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Amazon unveils new business credit cards in partnership with U.S. Bank
Amazon (NASDAQ:AMZN) said it will roll out new Prime Business and Amazon Business credit cards this spring, shifting its partnership from American Express to U.S. Bank (USB) and the Mastercard (MA) payment network. Under the new structure, the Prime Business Card will offer 5% cash back on Amazon purchases for Prime members, while the Amazon…