Gold prices surged 2.8% to $4,213 per ounce, reaching a six-week high driven by sustained Chinese demand, including 14 consecutive days of inflows into Chinese gold ETFs and 82 tonnes bought by the People's Bank of China over 20 months. This strong institutional buying supports gold prices and market sentiment. Meanwhile, Bitcoin remains stuck around $64,000, showing little movement due to weak U.S. demand, negative Coinbase Premium for 80 days, and the lack of key catalysts like ETF inflows, lower bond yields, or Fed rate cuts. Investors are watching closely as Bitcoin risks sliding to the $58,000–$66,000 range without positive triggers. This divergence highlights gold's appeal amid geopolitical and economic uncertainties while Bitcoin awaits clearer market drivers.
Kirby McInerney LLP is investigating Myriad Genetics for possible securities fraud following the company's report of an 11% revenue decline in Q2 2026 and a lowered full-year revenue forecast. The company also disclosed an $11 million revenue reducti...
Jefferies Financial Group is under investigation by Kirby McInerney LLP for potential securities law violations related to its asset-management unit's exposure to First Brands Group, which declared bankruptcy in 2025. The SEC is reportedly probing wh...
Kirby McInerney LLP is investigating Dr. Reddy's Laboratories for possible securities fraud following the company's Q1 fiscal 2027 earnings report, which revealed an earnings miss and a ₹2.4 billion provision related to out-of-spec semaglutide batche...
FREELANDER 8, a British premium intelligent all-terrain vehicle co-developed by Chery and Jaguar Land Rover, has started mass production at the Chery Jaguar Land Rover Changshu Manufacturing Base. This advanced facility, with over 1,100 intelligent r...
Holzer & Holzer, LLC announced an investigation into Taboola.com Ltd. following the company's revision of its 2026 revenue guidance and a second quarter earnings report that missed analyst expectations. The Q2 GAAP EPS and revenue fell short of conse...
