Gold prices approached $4,400 per ounce after US weekly jobless claims exceeded expectations, with 209,000 new claims reported versus the forecasted 202,000. The four-week average of claims also rose slightly, indicating some softness in the labor market. This data suggests potential economic caution, which often supports gold as a safe-haven asset. Investors will watch upcoming economic reports for further labor market trends and their impact on gold prices.
Morgan Stanley disclosed new holdings in three XRP exchange traded funds (ETFs) and 50,540 shares in Evernorth Holdings’ SPAC, Armada Acquisition Corp II, in its Q2 2026 SEC filing. These XRP ETF positions are modest compared to the bank's larger cry...
The Timken Company continues to be rated a soft Buy as it successfully executes cost savings, operational improvements, and strategic growth plans. Its Industrial Motion and Engineered Bearings segments led revenue and EBITDA growth in the first half...
Hyperscale Data sold approximately 685 Bitcoin, raising about $43 million in cash to support the development and expansion of its Michigan data center and strengthen its capital structure. The company retains around 275 Bitcoin and plans to continue ...
BNB is trading at $611.24, slightly up by 0.13% in the last 24 hours, maintaining levels above the 20-, 50-, and 100-day EMAs but still below the 200-day EMA at $645.19, which remains a significant resistance. The token's momentum is stable with an R...
Shibariumscan, the explorer for Shiba Inu's Layer-2 network Shibarium, reported a sharp drop in displayed transactions from 1.56 billion to about 475 million, a 69.55% decline. This decrease is due to incomplete indexing after a DNS and hosting chang...
