Investors are turning their attention to Micron Technology’s upcoming earnings report for clues on whether the artificial intelligence-driven rally in the US stocks can sustain its momentum. While major US stock indexes remain close to record highs despite a sharp mid-week selloff, markets have continued to draw support from strong corporate earnings linked to the
UK equities were largely unchanged on Friday as the cancellation of US-Iran peace talks in Switzerland dampened investor sentiment and kept risk appetite subdued. Gains in energy and healthcare stocks, however, helped limit broader market losses. The benchmark FTSE 100 index slipped 5.40 points, or 0.05%, to 10,394.30 by 0948 GMT. The domestically focused FTSE
Cathie Wood’s ARK Invest increased its exposure to Tesla and Snowflake on Thursday while continuing to trim its position in Roku, according to the firm’s latest daily trading disclosures. The moves underscore ARK’s continued focus on artificial intelligence, cloud software, and long-term technology themes even as market volatility persists around some of its biggest holdings.
Reliance Industries Chairman Mukesh Ambani announced a series of major developments at the company’s annual general meeting, led by plans to list Reliance Jio platforms in what could become one of India’s largest initial public offerings, while also outlining ambitious expansion plans across artificial intelligence, retail, and new energy. The proposed listing aimed at unlocking
Gold rose on Thursday as traders moved back into bullion after a sharp sell-off, helped by weaker oil prices and a calmer inflation backdrop following the release of a US-Iran interim agreement. Spot prices climbed more than 1%, reversing part of Wednesday’s decline, as crude fell on hopes that energy flows through the Strait of
The US dollar remained close to a more than two-month high on Thursday as markets continued to price in the possibility of further monetary tightening from the Federal Reserve, despite an interim agreement between the United States and Iran that eased some geopolitical concerns. The Federal Reserve kept interest rates unchanged within a 3.50%-3.75% range.
Silver rose in Asian trade on Thursday, but the move looked more like a cautious recovery than the start of a clean breakout. XAG/USD traded near $69.15 an ounce as lower oil prices eased inflation concerns following the US-Iran interim agreement. The metal drew support from the broader precious-metals rebound, with gold also recovering after
Solana is up 8.7% over the past 7 days, supported by a series of bullish catalysts, before the rally came to a halt. According to market data, SOL rose from around $65 earlier in the week to nearly $75 before giving back part of those gains, with the token trading near $71 on Thursday as
Copper prices slid as markets reacted to the debut of Kevin Warsh as US Federal Reserve Chair, with his hawkish stance on inflation unsettling investors and sparking a selloff across commodities. The decline underscored how sensitive copper remains to monetary policy signals, particularly when they point to tighter financial conditions. At the time of writing,
Citigroup has revised its expectations for US Federal Reserve interest rate cuts, pushing back its projected timeline by one month as policymakers adopt a more hawkish stance and inflation concerns persist. The Wall Street firm now expects the Federal Reserve to cut interest rates in October and December 2026, followed by another reduction in January