ADVFN US – Market Content Editor

Rocket Lab USA Inc. (NASDAQ:RKLB) saw its stock climb 3% in Monday’s pre-market session, as investors showed renewed interest in SpaceX rivals amid a deepening public feud between Elon Musk and President Donald Trump. The boost in Rocket Lab shares comes as Tesla Inc. (NASDAQ:TSLA) dropped nearly 7% after Musk revealed plans over the weekend…

Sandstorm Gold Ltd. (NYSE:SAND) saw its stock rise by 7% on Monday following news that Royal Gold Inc. (NASDAQ:RGLD) will acquire both Sandstorm and Horizon Copper, in a major consolidation move aimed at expanding Royal Gold’s footprint in the North American gold streaming and royalty sector. In the announced all-stock deal, Royal Gold will acquire…

Shares of Cogent Biosciences Inc. (NASDAQ:COGT) climbed 10% on Monday following the release of highly promising top-line data from its SUMMIT trial, evaluating bezuclastinib in patients with non-advanced systemic mastocytosis (NonAdvSM). According to the company, the experimental therapy achieved statistically significant results across all primary and key secondary endpoints. At week 24, patients receiving bezuclastinib…

Shares of Apogee Therapeutics Inc. (NASDAQ:APGE) soared 24% in Monday’s session following encouraging results from its Phase 2 APEX trial evaluating APG777, a novel treatment for moderate-to-severe atopic dermatitis. The biotech company revealed that APG777, an experimental anti-IL-13 antibody, achieved its primary and key secondary goals after 16 weeks of treatment. Patients receiving the drug…

Shares of private prison operators Geo Group (NYSE:GEO) and CoreCivic (NYSE:CXW) climbed sharply in early trading Monday after Congress approved a sweeping tax and spending package championed by President Donald Trump, which includes a major boost in funding for immigrant detention facilities. By 06:23 ET (10:23 GMT), Geo Group shares had surged as much as…

Tesla’s stock (NASDAQ:TSLA) took a steep dive Monday morning following CEO Elon Musk’s announcement of his plan to launch a new political organization called the “America Party.” Investors reacted with concern over whether Musk’s political pursuits might distract him from leading Tesla’s core operations. Pre-market trading showed shares plunging more than 7%, with the price…

The U.S. dollar made modest gains on Monday, kicking off the week with cautious trading as investors prepare for potential market fluctuations tied to looming trade developments. With the July 9 deadline for the Trump administration’s tariff pause rapidly approaching, traders remain alert for signs of volatility. By 04:05 ET (08:05 GMT), the Dollar Index,…

Gold prices edged lower during Monday’s trading session in Asia, pressured by a stronger U.S. dollar and revived trade tensions after new tariff threats from President Donald Trump. Additionally, stronger-than-expected U.S. employment data last week has dampened hopes for near-term interest rate cuts, adding downward pressure on the precious metal. Despite Trump’s fresh warnings on…

Oil prices dropped significantly during Asian trading hours on Monday after OPEC+ revealed plans to raise production by more than anticipated for August, sparking worries about a potential glut in the market. By 21:06 ET (01:06 GMT), September Brent crude futures slipped 1.1% to $67.50 per barrel, while West Texas Intermediate (WTI) futures tumbled 2.1%…

U.S. equity futures drifted lower Monday as markets prepared for possible volatility tied to the upcoming expiration of President Donald Trump’s tariff suspension. The administration is expected to inform trading partners about revised tariffs by July 9, a date that could have significant implications for international commerce. Meanwhile, political tensions simmer as Trump criticizes Elon…