Gold prices edged closer to a session low of $4,450 per ounce following the release of US labor data showing fewer new unemployment claims than expected. Initial claims for unemployment benefits were 206,000 for the week ending August 15, below the forecast of 210,000, signaling a stronger labor market. This data pressured gold prices, which fell 1.51% to $4,454.74 per ounce shortly after the report. The stronger labor market reduces the appeal of gold as a safe-haven asset, influencing investor sentiment and prices.
Berkshire Hathaway has allocated 29.7% of its $356 billion investment portfolio to just two artificial intelligence stocks. This significant concentration underscores the growing confidence and interest in AI technologies as key drivers of future gro...
Grey Matters Health announced plans to raise up to C$800,000 through a non-brokered private placement combining equity units and convertible debentures. The funds will support its Alzheimer's disease program and the launch of brain-specific neuroimag...
Xiaomi Corporation's Q2 2026 results met expectations, showing improved year-on-year revenue contraction and quarter-on-quarter earnings growth. The company's strategy to move upmarket supports margin stability in its smartphone business despite memo...
Ideal Power Inc is gaining momentum with its B-TRAN semiconductor technology, driven by increasing demand for solid-state circuit protection in AI data centers, energy infrastructure, and automotive sectors. The company’s sales funnel has grown to ov...
Citi raised earnings forecasts for GSK following its Accelerate Growth event and Q2 results, supported by a £1.9 billion cost-saving plan reinvested into R&D. This funds 20 phase III trials in 2026, expected to boost earnings per share by 1-4% from 2...
