Gold prices experienced significant volatility last week, initially rising on Middle East tensions but falling sharply after strong US employment data and rising Treasury yields reignited fears of Fed rate hikes. The metal briefly peaked at $4,545.55 per ounce before dropping to a weekly low of $4,311.93. Market sentiment turned bearish as investors weighed geopolitical risks against robust economic indicators, with many analysts expecting further declines unless geopolitical tensions ease or central banks intervene. Upcoming inflation data and central bank decisions will be closely watched for clues on gold's direction.
Bluejay Diagnostics completed a private placement raising $8.5 million upfront, with potential additional proceeds of $15.2 million if warrants are fully exercised. The funds will support FDA approval processes, including clinical studies, and genera...
Henkel AG is still considered a 'Buy' as it trades below its intrinsic value despite facing fundamental challenges and limited growth visibility. Recent acquisitions like Olaplex and Not Your Mother's have expanded its U.S. hair care sales by €1.5–1....
BlackRock's iShares Bitcoin Trust (IBIT) saw $47 million in net inflows on June 4-5, ending a 13-day streak of outflows. This means the ETF purchased $47 million worth of Bitcoin to back new shares, signaling institutional buying while retail investo...
Visa and Brale are collaborating on a proof-of-concept to use Brale's USD-backed stablecoin, SBC, for institutional payments on the Canton Network, which offers privacy by restricting transaction visibility to involved parties only. This effort aims ...
Liberty Broadband preferred shares (LBRDP) are trading at $22, below their $25 par value, offering an attractive 8%+ annual yield and a guaranteed capital gain at redemption in 2039. The upcoming merger with Charter Communications enhances the securi...
