Gold and silver prices increased in early U.S. trading due to weaker labor market signals, a drop in Treasury yields, and a less aggressive stance from Fed Governor Christopher Waller. Spot gold rose 2.28% to about $4,488.80 an ounce, while silver gained 1.88% to $66.55. The market is awaiting key U.S. economic reports, including the August jobs data, to confirm if labor softness will limit Fed rate hikes in September. Geopolitical tensions in the Gulf and rising oil prices add complexity, supporting gold's defensive demand but also inflation risks that could keep rates higher. Investors will watch upcoming ISM services and payroll reports for further direction.
Lululemon Athletica's shares dropped sharply by 19.22% to $98.37, reaching their lowest level since 2018 after the company reported disappointing earnings and revenue guidance. The firm missed revenue estimates and forecasted lower sales for Q3 and t...
Lemonade launched a new insurance product in Missouri offering Tesla drivers a 50% discount on miles driven using Tesla's Full Self-Driving (FSD) technology. This discount is based on Lemonade's analysis of crash data showing FSD reduces accident ris...
The tokenized asset market grew nearly 50% in 2026, reaching $37 billion, but only 12% of these assets are fully integrated into decentralized finance (DeFi) ecosystems, according to Centrifuge's Tokenization Snapshot 2026. Most tokenized assets act ...
Campbell's announced a 36% cut to its quarterly dividend, the first since 2001, to strengthen its balance sheet amid significant losses in its snack segment. While its Meals & Beverages division showed growth, the snack business saw a 12% revenue dec...
UBS has reaffirmed its 'buy' rating on Tesco with a 12-month price target of 545p, implying a 16.45% potential return. The broker highlights Tesco's rapid completion of 73% of its £750 million annual share buyback in the first half, the fastest pace ...
