Gold prices rose in early trading Thursday while silver declined sharply as oil prices climbed and Treasury yields remained near multi-decade highs, keeping inflation and interest-rate risks in focus. At the time of writing, spot gold was trading at $4128 an ounce, up around 0.40% on the day. Spot silver fell close to 1% and
CoreWeave stock climbed to $91.90 on Tuesday, tracking gains across other neocloud companies such as IREN and Nebius. The shares are now up more than 50% from their lowest level this year. Still, despite this strong rally, the company faces substantial risks ahead. CoreWeave stock jumps as AI companies rally The ongoing CRWV stock rebound
US stocks ended higher on Tuesday, with the S&P 500 and Nasdaq Composite reaching record closing highs as technology stocks gained and Treasury yields eased from multi-year peaks. The S&P 500 rose 0.60% to 7,820.47, while the Nasdaq Composite gained 0.46% to 27,604.74. The Dow Jones Industrial Average advanced 0.49% to 51,531.57. Falling Treasury yields
The Nasdaq Composite reached a fresh all-time high on Monday as technology stocks advanced despite rising US Treasury yields and investors assessed new economic data. Gains in major technology and artificial intelligence-related stocks helped lift the index, while traders also looked ahead to the Federal Reserve’s September meeting minutes and the start of third-quarter earnings
Brent crude oil price continued rising last week, even after the US coordinated another release of strategic petroleum reserves by G7 countries. It ended the week at $102.60, its highest level since September 23rd. This rebound may continue as odds that the US and Iran will escalate in October rise. Odds of US and Iran
Nu Holdings stock has pulled back sharply in recent months, falling from a high of $18.95 in January to around $13.43 today. Despite the decline, the long-term growth story remains intact, supported by the company’s expanding customer base, strong presence in Brazil, and continued push into other Latin American markets such as Mexico and Colombia.
The latest US employment data has revived an increasingly familiar description of the US labour market: low hire, low fire. It is an unusual combination. Employers are adding very few workers, but they are also not cutting existing staff at a pace typically associated with such weak hiring. The result is a labour market that
Tesla (TSLA) stock is pushing higher on Friday morning after the electric vehicles (EV) behemoth posted a strong third-quarter delivery report. The company delivered 486,532 vehicles in Q3, handily beating Street estimates of about 461,000 only, even as total volume slipped roughly 2.1% on a year-over-year basis. Despite the post-data surge, however, Tesla shares remain
Alphabet stock GOOGL fell in trading on Thursday even after Google unveiled Gemini 4 Argon, its latest frontier artificial intelligence model, with analysts highlighting its performance across coding, cybersecurity and complex workflows. JPMorgan maintained its ‘Overweight’ rating on Alphabet following the announcement. In a note cited by TheFly, the bank said Google needs to “re-establish
OpenAI is seeking at least $30 billion in fresh funding at a valuation of about $1.4 trillion, while the 30-year US Treasury yield climbed above 5.61% to its highest level since 2002. Oil prices fell as Middle East exports improved, while gold recovered from a more than seven-week low. OpenAI seeking $30 billion funding OpenAI