The gold market continued to struggle to attract a consistent safe-haven bid on Monday, even as fresh US economic data pointed to weaker-than-expected growth in the manufacturing sector. Gold prices showed limited reaction to the disappointing durable goods figures. Analysts noted that weaker manufacturing activity could potentially offer some support to the precious metal. Spot
Cardano (ADA) is trading at a decisive point after spending the past several sessions under sustained selling pressure. While bulls have managed to defend key support levels, repeated failures to reclaim higher resistance have left traders waiting for a clear directional move. With technical indicators sending mixed signals and derivatives traders maintaining a cautious stance,
Plug Power stock remains in a deep bear market after falling by over 50% from the highest point this year. This retreat will be put to the test on August 7 after the company publishes its financial results. So, will the stock rise or drop after its earnings report? Options market suggests high volatility after
Alphabet GOOGL shares rebounded on Monday after suffering a sharp selloff following last week’s quarterly earnings, with several Wall Street brokerages maintaining bullish recommendations even as they trimmed price targets in response to the company’s aggressive artificial intelligence investment plans. Shares of the Google parent rose nearly 3% at the market open, signalling that investors
Rivian Automotive RIVN stock moved 4% higher on Monday after Piper Sandler upgraded the electric vehicle maker ahead of its second-quarter earnings report, citing improving demand, a smoother-than-expected R2 launch and a stronger balance sheet. Piper Sandler analyst Alexander Potter upgraded Rivian to Overweight from Neutral and raised his price target to $20 from $18,
Nvidia (NVDA) shares fell around 3% early Monday as investors assessed a series of artificial intelligence infrastructure deals involving OpenAI and SK Hynix. The stock traded around $198.86 after declining 0.9% in the previous session. Other semiconductor stocks also traded lower, with AMD down about 4% and Intel falling roughly 2%. Investors digest massive AI
On Friday, Anthropic introduced Claude Opus 5, a lower-cost artificial intelligence model aimed at enterprise users seeking greater value from AI investments. Nvidia, Microsoft and other technology companies urged US policymakers to support open-weight AI models to strengthen the country’s AI leadership. Gold prices recovered as oil retreated from above $100 a barrel ahead of
Investors betting on SpaceX (SPCX) shares are buying into more than just reusable orbital rockets and a global satellite internet network – they are purchasing a ticket to the visionary leadership of Elon Musk. However, according to a recent analysis from HSBC, that celebrated “Musk factor” may already be fully priced into the equity. Analysts
US stocks ended mixed on Friday as gains in the Dow Jones Industrial Average were offset by weakness in semiconductor stocks, while investors continued to monitor developments in the Middle East and their potential impact on global markets. The Dow Jones Industrial Average rose 235 points, or 0.5%, supported by a 3% gain in Apple
As capital markets navigate mid-summer volatility, Cathie Wood’s ARK Invest has been quietly repositioning its flagship portfolios. The growth-focused asset manager made headlines throughout July 2026 by taking profits and trimming exposure to several market darlings. Rather than abandoning technology, Wood’s systematic divestments reflect a tactical pivot away from mature tech valuations toward high-conviction, early-stage