ADVFN US – Market Content Editor
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Seven & i Holdings Tops Estimates with 9.7% Profit Growth, Driven by Overseas Stores
Seven & i Holdings (USOTC:SVNDY) posted a 9.7% rise in operating profit for the three months ending in May, surpassing analyst expectations due to strong international performance from its convenience store operations. The Japanese retail conglomerate reported operating profit of 65.1 billion yen ($445.19 million) for the March–May quarter, beating the 58 billion yen consensus…
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Gold Inches Up, Copper Surges Again After Trump Announces Import Tariffs
Gold prices saw modest gains during early Thursday trading in Asia, while copper extended its recent rally following a fresh wave of tariff announcements by U.S. President Donald Trump. The broader metals market was also buoyed by a softer U.S. dollar, though uncertainty over Federal Reserve policy kept gains in check. At 01:34 ET (05:34…
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Oil Prices Steady as Traders Digest Trump’s Tariff Blitz and Surging U.S. Crude Stockpiles
Oil markets held firm near recent highs in early Thursday trading, as investors weighed the implications of U.S. President Donald Trump’s escalating tariff campaign and a surprise jump in domestic crude inventories that signaled possible demand weakness. Brent crude futures for September delivery dipped slightly by 0.1% to $70.09 a barrel as of 21:55 ET…
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Nasdaq Hits Record Close as Nvidia Surges Past $4 Trillion Market Cap
U.S. stocks closed at record highs Wednesday, with the Nasdaq leading the charge after Nvidia became the first chipmaker to cross a $4 trillion valuation. The tech rally helped offset market concerns over President Donald Trump’s latest round of tariffs. As of 4:00 pm ET, the Nasdaq Composite 100 Futures rose 0.95% to close at…
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U.S. Stocks Close Firmly Positive After Yesterday’s Lackluster Session
After ending Tuesday’s choppy trading session little changed, stocks moved mostly higher over the course of the trading session on Wednesday. The major averages gave back ground after an early advance but moved back to the upside as the day progressed, closing firmly in positive territory. The tech-heavy Nasdaq jumped 192.87 points or 0.9 percent…
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Tungsten and molybdenum for the US military and Elon Musk: Why Almonty’s NASDAQ listing could provide the next boost
This article is presented in partnership with Apaton Finance GmbH. It is a sponsored communication intended to inform investors and should not be taken as a recommendation or financial advice. Tungsten is harder than steel and only melts at 3,422 degrees – no wonder it is used in rockets, industrial robots, semiconductors, and many other…
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U.S. Stocks Rebound as Markets Focus on Tariffs and Fed Minutes
U.S. stocks bounced back on Wednesday after two days of losses, as investors digested the latest developments in global trade negotiations and anticipated the release of minutes from the Federal Reserve’s most recent meeting. As of 05:35 ET, the Dow Jones Industrial Average climbed 200 points (0.5%), the S&P 500 rose 30 points (0.5%), and…
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Procter & Gamble stock hits 52-week low at $156.58 amid market headwinds
Shares of Procter & Gamble Co. (NYSE:PG) fell to a 52-week low of $156.58, highlighting a tough stretch for the consumer goods leader. The stock has declined 6.1% over the past year as the company grapples with macroeconomic pressures and evolving consumer preferences. This recent dip underscores broader investor caution across the sector amid economic…
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Ralph Lauren shares soar to record high of $289.34
Ralph Lauren Corp (NYSE:RL) Class A stock hit a new all-time high of $289.34, marking a major achievement for the luxury fashion brand. Backed by a market cap of $17.52 billion and a solid gross profit margin of 68.55%, the company’s latest performance signals strong investor confidence and financial health. With a 61.3% gain over…
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Alphabet shares climb as Google brings Gemini AI to smartwatches running Wear OS
Alphabet Inc. (NASDAQ:GOOGL) saw its stock rise 2% after Google revealed it is expanding the availability of its Gemini AI assistant to smartwatches powered by Wear OS, further embedding its artificial intelligence tools into everyday tech. The move brings Gemini to wearable devices from brands such as Pixel, Samsung (KS:005930), OPPO, OnePlus, and Xiaomi (OTC:XIACF).…