Gemfields Group Limited held its first commercial-quality emerald auction since December 2025, selling all 44 lots totaling over three million carats for $29.6 million. This auction achieved the highest average price per carat observed since the mine began, at $9.72, though quality differences make direct comparisons difficult. Despite the strong auction results, Gemfields' share price fell 13% to 2.51p. Broker Panmure Liberum maintained a 'buy' rating and a 7.5p price target, slightly raising its 2026 emerald revenue forecast to $29.6 million but keeping EBITDA estimates nearly unchanged. Positive customer feedback and high viewing activity support the outlook, with upcoming interim results and a ruby auction expected soon.
On the 25th anniversary of 9/11, billionaire John Catsimatidis warned that countries like Russia, North Korea, China, and Iran are actively trying to undermine President Donald Trump ahead of the November election. He expressed disappointment with Ca...
Western Digital, a leading hard disk drive (HDD) provider, reported a 44% year-over-year revenue increase in Q4 driven by strong demand from cloud and AI workloads. Cloud customers made up 89% of revenue, with shipments growing 22% in exabytes. Gross...
VinFast and GSM have announced new senior leadership appointments to support their global expansion. Pham Nhat Quan Anh becomes CEO of VinFast Global and Chairman and CEO of VinFast Vietnam, succeeding Pham Nhat Vuong. Nguyen Quoc Tuan is named Chair...
During the week of September 8–11, US spot Bitcoin ETFs saw significant outflows totaling $462.7 million, with the largest daily loss of $282.7 million on Thursday. In contrast, Ethereum ETFs reversed earlier losses with a strong $216.4 million inflo...
BlackRock's iShares Ethereum Trust ETF saw a $149 million net inflow on September 11, dominating the $216 million total inflows into US spot Ethereum ETFs that day. This brings ETHA's cumulative net inflows to over $13 billion, highlighting BlackRock...
