Finance
KEY TAKEAWAYS Gold suffered its biggest one-day loss in a dozen years on Tuesday. An end to the ongoing government shutdown and a trade deal between the U.S. and China would ease some of the uncertainty that has sent gold to a series of record highs recently, according to analysts. Even with Tuesday’s decline, the…
Topline The value of gold dropped more than 5% on Tuesday, pacing what would be the largest single-day decline for the metal in more than a decade, leading a broader metal sell-off as investors appear to step back from a record-breaking buying frenzy. Silver and platinum have joined gold with record-breaking rallies in recent months…
(Bloomberg) — Capital One Financial Corp. reported a surge in third-quarter profit, beating Wall Street estimates, and the lender announced plans to repurchase as much as $16 billion of stock in the wake of its acquisition of Discover Financial Services. Most Read from Bloomberg Net income surged 80% to $3.19 billion, or $4.83 a share,…
Google’s 2025 felt like driving an F1 car in city traffic, as the tech behemoth powered through with occasional hard brakes. It kicked off the year with Gemini everywhere, layered through Search, YouTube, and Workspace, which quietly turned Google’s apps into AI-native tools. YouTube kept … Source link
Business The Dow rose 218 points, or 0.5%, and topped its prior all-time high, which was set early this month. A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Monday, Oct. 20, 2025, in Tokyo. (AP Photo/Eugene Hoshiko) AP By STAN CHOE, Associated Press updated on…
Shares in Halliburton (HAL) rallied after beating on revenue and earnings per share (EPS) for the third quarter, and announcing a deal for data center power infrastructure. Oilfield services giant Halliburton reported revenue of $5.6 billion in the third quarter, beating consensus estimates of $5.4 billion, and adjusted earnings per share of $0.58 per share,…
Key Takeaways A major proxy advisor Institutional Shareholder Services on Monday panned the CoreWeave-Core Scientific deal ahead of a shareholder vote at the end of the month. Core Scientific shares rose Tuesday following the news, while CoreWeave’s sank. A major AI power coupling is in jeopardy. Why? Because the price, it seems, is not right….
Apple was the “Magnificent Seven” stock that was virtually left for dead in terms of stock performance. It’s finally coming back, and Wall Street is jumping on the bandwagon. The Tim Cook-led iPhone maker has gained nearly 7% over the past month — outpacing other megacaps such as Nvidia , Meta Platforms and Amazon in…
In this photo illustration, Beyond Meat’s Beyond Burgers are shown on February 29, 2024 in Chicago, Illinois. Scott Olson | Getty Images Beyond Meat has regained a bit of its meme mojo status, surging 93% on Tuesday. The food company known for its plant-based meat alternatives is having an incredible week, with shares surging more…
Lauren Taylor Wolfe, co-founder of activist investment firm Impactive Capital, said the surge in enthusiasm around artificial intelligence has all the markings of a bubble. “We are absolutely in an AI bubble now. It is going to burst,” she said on CNBC’s “Squawk on the Street” Tuesday to David Faber. “I don’t know when, I…