Gold prices rose above $4300 following a disappointing U.S. Non Farm Payrolls report showing a loss of 23,000 jobs in July, contrary to expectations of 80,000 new jobs. This weakened job market outlook led traders to bet that the Federal Reserve will likely hold interest rates steady in September, reducing expectations of a rate hike. Falling Treasury yields and a weaker U.S. dollar further supported gold's rally. Silver also climbed, attempting to break above $65, while platinum struggled to surpass the $1780 resistance level and retreated below $1750. The market now watches key resistance and support levels for these metals as the Fed meeting approaches.
In Austria, selling Bitcoin directly between private individuals is taxed the same as sales via crypto exchanges. The taxable event is the capital gain—the difference between sale proceeds and acquisition cost—with a 27.5% tax rate for Bitcoin acquir...
The U.S. SEC has approved Evernorth's registration, clearing the way for its $1 billion Nasdaq listing under the ticker XRPN through a merger with Armada Acquisition Corp. II. Evernorth plans to actively manage its XRP treasury to generate yield and ...
Amprius Technologies is benefiting from strong demand for drone batteries, reporting a 125.7% year-over-year revenue increase and improved gross margins. The company raised its 2026 revenue forecast to at least $140 million and aims for $600 million ...
INmune Bio is considered significantly undervalued with its treatment Ebstrocel for Recessive Dystrophic Epidermolysis Bullosa (RDEB) driving a strong investment case. Ebstrocel offers systemic itch reduction, setting it apart from competitors like K...
PayPal's stock dropped sharply by 14.67% to $52.45 after Stripe and Advent withdrew their $60.50 per share acquisition offer, causing the company's market value to fall from $52.58 billion to $44.87 billion. This reversal ended the summer rally drive...
