Gold prices experienced modest selling pressure, dropping to $4,618.80 an ounce after testing resistance at $4,700. This dip follows profit-taking despite the precious metal's strong support as a safe-haven asset amid ongoing struggles in the U.S. housing market. New home sales in the U.S. fell 10.5% in July to a seasonally adjusted annual rate of 607,000, missing forecasts and signaling continued weakness in the sector. Despite the disappointing housing data, gold's appeal remains intact due to economic uncertainty, with no significant market reaction to the sales figures.
Bread Financial Holdings, formerly Alliance Data, is a U.S. financial services firm specializing in consumer payment and lending solutions. It maintains a strong financial position with a Tier 1 capital ratio near 14% and BB credit ratings, funding i...
BlackRock has purchased over $3.1 billion worth of Bitcoin and Ethereum in just eight days, acquiring 22,722 BTC and 385,633 ETH. This surge in buying coincides with a strong recovery in the broader cryptocurrency market. BlackRock's crypto funds, in...
Marvell Technology reported Q2 earnings and revenue above Wall Street expectations, with data center revenue up 46% year-over-year to $2.17 billion, driven by robust AI-related bookings. Despite this, shares fell 8% in premarket trading as investors ...
Cardano's ADA price rose 1.08% to $0.2147, maintaining support above $0.2004 amid optimism from the Ouroboros Leios protocol test. This test increased Cardano's transaction capacity by 500%, with four more testing phases before a planned mainnet upgr...
Hyperliquid Strategies raised $647 million in equity during its fiscal year ending June 30, 2026, using the funds to increase its HYPE token holdings to 29.3 million tokens valued at about $1.9 billion. The company reported net income of $305.5 milli...
