Gold prices initially rose due to dollar weakness and fiscal concerns but dropped sharply after Federal Reserve Chair Kevin Warsh's hawkish speech at Jackson Hole increased expectations for a September rate hike. The metal peaked near $4,697 per ounce early in the week but closed lower at around $4,455 amid stronger U.S. dollar and Treasury yields. Analysts remain divided on gold's near-term direction, with some expecting a pause or pullback while others see long-term bullish potential due to inflation and fiscal deficits. Upcoming U.S. employment data and central bank decisions will be key for gold's next move.
Uber Technologies maintains a Buy rating amid stock volatility, driven by strong core business and strategic investments. The company is tackling autonomous vehicle risks by investing $10 billion and planning to integrate 120,000 AVs. Uber's global e...
LithiumBank Resources Corp. has closed an upsized private placement, raising $5.5 million by issuing 9.2 million units at $0.60 each. The funds will support a feasibility study for its Boardwalk Lithium Brine Project in Alberta and general working ca...
Edgewater Wireless announced its fiscal 2026 results, highlighting progress in its AI-powered Wi-Fi Spectrum Slicing technology and semiconductor roadmap. The company reported no revenue and a net loss of CAD 1.36 million, an improvement from the pre...
Inturai Ventures Corp. has completed the first tranche of its non-brokered private placement, issuing 6,273,331 units at $0.15 each, raising approximately $941,000. Each unit includes one common share and one warrant exercisable at $0.25 within 24 mo...
Stellar Lumens (XLM) has reached over 10 million funded accounts on its network, marking a significant adoption milestone. Despite this growth in user accounts, XLM ownership remains concentrated, with a small number of large wallets controlling a su...
