ADVFN US – Market Content Editor
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Nvidia’s AI Chip Shipments to China Still Paused as U.S. Security Review Drags On
Plans by Nvidia (NASDAQ:NVDA) to restart large-scale sales of its H200 artificial intelligence chips to China remain stalled nearly two months after U.S. President Donald Trump approved the exports, as Washington continues a national security review of the relevant license applications, the Financial Times reported on Tuesday. According to the report, U.S. authorities have yet…
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Banks Shop Oracle Data Center Debt to New Investors, FT Reports
Banks are looking to offload tens of billions of dollars in loans linked to Oracle’s (NYSE:ORCL) data center buildout, as lenders seek fresh pools of capital to absorb the scale of financing required, the Financial Times reported on Wednesday. According to the report, at least $56 billion of data center construction loans have already secured…
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Take-Two Stock Rallies on Upbeat Bookings Forecast Ahead of Planned “GTA VI” Release
Shares of Take-Two Interactive (NASDAQ:TTWO) rose sharply in U.S. premarket trading on Wednesday after the video game publisher delivered stronger-than-expected fiscal third-quarter results and upgraded its full-year outlook, pointing to accelerating net bookings. The company also reaffirmed its plan to release “Grand Theft Auto VI” in November, sticking with the updated timeline after twice postponing…
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Jefferies Warns Stellantis Could Take Up to €9bn in Exceptional Charges
Stellantis (NYSE:STLA) could book exceptional costs of between €5 billion and €9 billion as part of a balance-sheet reset under newly appointed chief executive Antonio Filosa, according to analysis from Jefferies. The potential charges are seen as part of a wider strategic shake-up aimed at repositioning the group. In a research note published on Tuesday,…
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Gold Reclaims $5,000/oz as U.S.–Iran Tensions Rekindle Safe-Haven Buying
Gold prices surged back above the $5,000-an-ounce mark in Asian trading on Wednesday, as renewed signs of strain between the United States and Iran revived demand for traditional safe havens. The precious metal added to gains after staging a sharp rebound from losses in the previous session, with bargain-hunting also supporting prices following last week’s…
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Oil Surges More Than 1% as U.S.–Iran Frictions Intensify; Sharp U.S. Stock Draw Adds Support
Oil prices climbed strongly in Asian trading on Wednesday, driven by mounting geopolitical tensions between the United States and Iran that have raised fears of possible supply disruptions in the Middle East. Prices were further supported by industry data pointing to an unexpectedly steep decline in U.S. crude inventories, after severe winter weather disrupted production.…
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Bitcoin Slides to Around $76k After Heavy Liquidations Drag It to 15-Month Lows
Bitcoin (COIN:BTCUSD) hovered just above 15-month lows on Wednesday after an aggressive sell-off drove the cryptocurrency briefly toward the $73,000 mark, triggering a wave of liquidations amid a broader pullback in risk appetite. The world’s largest digital asset was last down 2.8% at $76,509.1 as of 01:56 ET (06:56 GMT), after earlier touching $73,004.3—its weakest…
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Software Shares Slide as Alphabet Earnings Loom; Gold Rebounds: Dow Jones, S&P, Nasdaq, Wall Street Futures
Futures tied to major U.S. equity indices were modestly higher, even as a sharp sell-off in software stocks and looming earnings from big technology names shaped market sentiment. Investors are awaiting quarterly results from Google parent Alphabet (NASDAQ:GOOG), due after the opening bell, with particular focus on spending plans linked to artificial intelligence. Elsewhere, reports…
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Uranium rush in the Athabasca Basin: Stallion Uranium follows in the footsteps of NexGen Energy – an opportunity for Cameco too?
Uranium rush in the Athabasca Basin: Stallion Uranium Corp. (TSXV:STUD) (USOTC:STLNF) follows in the footsteps of NexGen Energy – an opportunity for Cameco too? The global energy industry is currently experiencing a renaissance that seemed unthinkable just a few years ago. Driven by the insatiable appetite for electricity of AI data centers and the geopolitical imperative…
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U.S. Stocks Move To The Downside Amid Rotation Out Of Tech
Stocks moved notably lower during trading on Tuesday, more than offsetting the strength seen in the previous session. The major averages all moved to the downside on the day, with the tech-heavy Nasdaq showing a particularly steep drop. The major averages climbed well off their worst levels in the latter part of the session but…