Gold and silver prices fell after the North American cash-market close, pressured by rising oil prices and stronger U.S. Treasury yields that heightened concerns over Federal Reserve interest rate hikes. Despite renewed U.S.-Iran tensions causing some safe-haven demand, traders focused more on inflation and Fed tightening risks, leading to gold trading near $4,015.60 an ounce (down 1.79%) and silver near $58.18 (down 1.48%). U.S. equities recovered with the Nasdaq up 2.1% and the Dow closing at a record above 52,000, supported by expectations of resumed U.S.-Iran talks and continued, though reduced, shipping through the Strait of Hormuz. The situation in the Strait is seen as impaired transit rather than closure, with oil prices rising (WTI $70.75, Brent $73.15), reinforcing inflation concerns and Fed rate risks rather than boosting precious metals as safe havens. The market will watch for gold to test resistance above $4,100 and silver above $59.58, while downside risks remain if prices fall below key support levels.
DBV Technologies is preparing to submit a Biologics License Application (BLA) for its VIASKIN® Peanut patch aimed at children aged 4 to 7 years. The company has engaged in detailed discussions with the FDA to ensure a thorough and efficient review pr...
Bron, a self-custody crypto wallet provider, has partnered with Noah, a global stablecoin payments infrastructure company, to enable seamless on- and off-ramp access for stablecoins. This integration allows Bron users to easily fund and withdraw from...
Bragar Eagel & Squire, P.C. has filed a class action lawsuit against Futu Holdings Limited, alleging the company violated China Securities Regulatory Commission rules by operating without proper licenses. The lawsuit claims Futu's financial results w...
AeroVironment reported strong Q4 results with earnings of $1.84 per share beating the $1.46 estimate and revenue doubling to $642 million, surpassing the $559 million forecast. The company's funded backlog rose to $1.2 billion, up 65% from last year,...
Teradyne reported strong Q1 fiscal 2026 results with $1.28 billion revenue, up 87% year-over-year, driven by nearly 70% of sales from AI-related products. Non-GAAP EPS rose 318% to $2.56, and the company projects Q2 revenue up to $1.25 billion with E...
