Gold prices have struggled recently, pressured by rising inflation and a hawkish Federal Reserve stance under new Chair Kevin Warsh. The market is closely watching next week's Consumer Price Index (CPI) report and Warsh's Congressional testimony, which could influence Fed rate hike expectations. While some analysts see value in gold at current levels, concerns about potential rate hikes and lack of strong catalysts keep gold under pressure. Other economic data and the Bank of Canada's policy meeting may also impact market volatility.
Tesla has increased its control of the U.S. electric vehicle (EV) market to 59%, marking its highest market share since 2023. This growth highlights Tesla's strong position and continued dominance in the competitive EV industry. The increased market ...
In June, President Donald Trump disclosed more than 1,000 financial transactions involving stocks, bonds, and ETFs, indicating a broad reshuffling of his investment portfolio. His transactions ranged between $78.1 million and $263.1 million, with pur...
Paramount issued a strong statement condemning actor Mark Ruffalo for using antisemitic tropes in his criticism of the company's $110 billion merger with Warner Bros. Ruffalo posted a video linking Oracle's technology to military efforts and accused ...
The Sandbox suspended SAND token bridging on Base and BNB Smart Chain after an attacker exploited the cross-chain system to mint unbacked tokens, isolating SAND on these networks. The Ethereum-based SAND remains secure and unaffected, with no user wa...
Microsoft reported $331 billion in annual revenue with Azure surpassing $100 billion, growing 41%. Its $678 billion contracted commercial backlog supports recurring revenue from AI and cloud services, fueling a 22% upside price target of $590.43. Des...
