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Workspace search string for individual stock moves: STXBZ The Day Ahead newsletter: The Morning News Call newsletter: (.) The Nasdaq fell to near one-month lows on Thursday, weighed by a worsening selloff in AI-linked stocks on fears rising interest rates could impact artificial-intelligence investments, and fresh data
(Updates) Workspace search string for individual stock moves: STXBZ The Day Ahead newsletter: The Morning News Call newsletter: The S&P 500 and the Nasdaq were on track to extend losses on Thursday as fears of a potential hit to artificial-intelligence investments from higher interest rates deepened a rout in AI-linked
Silver rose nearly 2% to $56.50 an ounce on Thursday, tracking gains across precious metals as a broader flight to safety amid a global equity sell-off and tech rout supported demand for safe-haven assets. Concerns over the sustainability of AI spending in a high-interest-rate environment, a weaker US dollar, and geopo
Airbnb reported second-quarter revenue of $3.6 billion, up 17% year over year, and gross booking value of $27.2 billion, up 16%. The company raised its full-year 2026 outlook, expecting revenue growth of at least mid-teens and an adjusted EBITDA margin of at least 35.5%.
China’s ChangXin Memory Technologies says it has made progress with 4F² memory technology and plans to introduce a product before year-end. The article says the technology could increase memory density and that competition may pressure prices and margins, while noting uncertainty over ChangXin’s ability to manufacture
Gold futures rose 1.4% for the week, while silver gained 2.7% and palm oil futures fell as an expected Malaysian export duty waiver failed to materialize. The roundup also noted EU merger scrutiny of MMG's planned Anglo American nickel deal and operational updates from West African Resources and Fortescue.
Gold and silver moved higher on Thursday after both fell in the prior session as markets assessed the Fed rate outlook alongside dollar and bond-yield moves.
Reuters table shows SPDR Gold Trust holdings were unchanged on Friday from Thursday. iShares Silver Trust holdings edged up 0.11% over the same period.
Regional markets were mixed, with Japan's Nikkei 225 up 1.30% and the benchmark US 10-year Treasury yield last at 5.165%. Spot gold was up 0.1% at $4,282.98 an ounce.
U.S. stocks traded lower midway through trading, with the Dow Jones index falling around 350 points on Thursday. The Dow traded down 0.70% to 51,153.35 while the NASDAQ dipped 0.70% to 26,746.39. The S&P 500 also fell, dropping, 0.46% to 7,670.50. Leading and Lagging Sectors Energy shares jumped by 1.7% on Thursday. In
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con
Sept 18 (Reuters) — Gold inched higher on Friday as lower oil prices and a subdued US dollar offered support, while market participants kept their focus on developments in the Middle East and the outlook for global monetary policy. Fundamentals Spot gold was up 0.3% at $4,352.60 per ounce, as of 0050 GMT. US gold futur
Gold rose toward $4,300 an ounce on Thursday, recovering losses from the previous session as the recent rally in oil prices lost steam, easing inflationary pressures. Those moves followed reports that Saudi Arabia is aiming to restore around half of its East-West pipeline capacity within days and return it to full oper
Silver edged up to $66/oz as a weaker US dollar reflected renewed inflation risks tied to Middle East tensions. Investors await Thursday producer-price data and Friday CPI for signals ahead of the Sept. 16 Fed meeting.
The ISM services PMI surged to 55.4 in August from 54.1 previously, above the 54.3 market estimate and its strongest pace in six months.
The US S&P Global composite PMI climbed to 56 in August from 54.5 in the previous month, marking the strongest growth since April 2022.
Silver rises to around $66 an ounce near seven-week highs after US consumer inflation slows to 3.4% in July and increases 0.1% month-on-month, with markets awaiting producer inflation later.
U.S. stocks traded lower midway through trading, with the S&P 500 falling over 1% on Thursday. The Dow traded down 0.92% to 51,738.04 while the NASDAQ declined 2.03% to 25,169.19. The S&P 500 also fell, dropping, 1.16% to 7,412.12. Leading and Lagging Sectors Industrials shares jumped by 2% on Thursday. In trading on T