Gold prices dropped about 1.5% toward $4500 as oil prices jumped 4% following renewed US-Iran strikes and ongoing tense negotiations. The conflict in the Middle East, including Israel's intensified strikes on Hezbollah, complicates a potential US-Iran deal to reopen the Strait of Hormuz and lift naval blockades. A stronger US dollar and concerns over prolonged talks have reduced gold's safe-haven appeal. Silver and platinum also declined, pressured by risk aversion and fears that high oil prices could slow economic growth and reduce demand for precious metals. Gold faces resistance near $4550, with support around $4450, while silver and platinum remain range-bound amid market uncertainty.
Modine Manufacturing Company anticipates a 34.8% rise in Q2 earnings per share to $1.51 and revenue of $920.67 million, driven by a major $4 billion long-term contract to supply cooling solutions to a data center from 2027 to 2029. The company has al...
DelveInsight's 2026 report reveals a robust pipeline with 75+ drugs under development for Duchenne muscular dystrophy (DMD), involving 70+ companies. Key therapies focus on gene and mutation-targeted approaches to slow disease progression, addressing...
Booz Allen Hamilton's stock price target was raised from $80 to $85 by Cowen & Co., despite a challenging fiscal year marked by weakness in its Civil business segment. The company reported adjusted earnings per share of $1.78, beating estimates, but ...
Eramet has appointed Simon Henochsberg as its new Group Chief Financial Officer and member of the Executive Committee, effective May 26, 2026. Henochsberg, who previously served as Vice President of Group Strategy and co-Chief Financial Officer, brin...
Funnel has introduced Digital Measurement, a new marketing mix modeling (MMM) software that integrates MMM, Multi-Touch Attribution (MTA), and ad platform signals into one calibrated system. This approach addresses the limitations of relying on a sin...
