Gold prices moved lower in the latest session, extending losses from the morning trade. As investors weighed weaker US employment data against the Federal Reserve’s latest policy signals, elevated Treasury yields, and ongoing geopolitical tensions surrounding the Strait of Hormuz. At the time of writing, spot gold traded at $4,104.30 per ounce, down 0.44%, compared
Wall Street opened in green on Friday as investors awaited the Nasdaq debut of South Korean memory chipmaker SK Hynix while continuing to monitor renewed tensions in the Middle East and their potential impact on inflation and interest rates. The Dow Jones Industrial Average rose about 70 points, or 0.14%, while the S&P 500 was
Illinois Tool Works (NYSE: ITW) stock has pulled back in the past few days as investors position themselves for the upcoming earnings report that will provide more color on its business. While growth expectations are low, the stock has formed the rare inverted head-and-shoulders pattern, pointing to a rebound. Illinois Tool Works is a dividend
NY-headquartered Citigroup has been the perennial laggard of Wall Street for years, burdened by the legacy of the global financial crisis and an unmanageable corporate structure. However, the narrative has flipped, with a renowned wealth manager, Josh Brown, recently calling Citi “one of the top bank stocks” to own – driven by a profound operational
Strategy Inc. MSTR (formerly known as Microstrategy) gained on Friday after Standard Chartered said recent weakness in bitcoin reflects investor uncertainty over the company’s evolving strategy rather than any deterioration in its balance sheet. In a note, Geoffrey Kendrick, Standard Chartered’s global head of digital assets research, maintained the bank’s end-2026 bitcoin price target of
Nvidia stock (NVDA) traded higher on Friday as investors looked past reports that one of the company’s largest customers is stepping up development of its own artificial intelligence processors. The stock was up about 2.3% at around $207 at the time of writing after trading lower in premarket activity. Meta advances custom AI chip efforts
Kresus, a self-custody cryptocurrency wallet provider, has announced the launch of Kresus Inheritance, a service that allows users to create a succession plan for their digital asset holdings. According to the company, the service does not require users to share private keys or use complex recovery procedures. While self-custody gives users direct control over their
MARA Holdings (MARA) shares are ripping higher on Thursday after the company announced a major acquisition that meaningfully accelerates its pivot into the AI and data center infrastructure space. Before the market opened on July 9th, MARA said it has agreed to acquire a “1,200-acre” powered land site in Matagorda County from HIF USA. This
PepsiCo beat Wall Street expectations for second-quarter revenue and profit on Thursday, but investors focused on the company’s warning that inflationary pressures continue to weigh on consumer spending in North America, sending its shares slightly lower in premarket trading. The snacks and beverages giant reaffirmed its full-year outlook, as it continues to benefit from resilient
Bull markets are liars. When everything’s pumping, a coin backed by nothing outruns a protocol with real users and revenue. Everyone’s a genius and every founder a visionary. Then the market turns, and the truth bubbles up. 2026 has been that kind of year. Bitcoin started above $90,000 and face-planted to a 21-month low near