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Gold Prices Decline as Stronger Inflation Data Dampens Rate Cut Expectations
Gold prices experienced a decline on Wednesday, relinquishing gains from record-high levels as the U.S. dollar strengthened and Treasury yields surged. The unexpected resilience of...
US Consumer Prices Surge, Fed Rate Cuts in Jeopardy
The latest data from the US Bureau of Labor Statistics unveiled a surprising surge in consumer prices for March, sending ripples of concern through financial...
Inflation Jolts Markets: Stocks Dive as Consumer Prices Surge
Investors braced themselves as the US stock market plunged at the opening bell this Wednesday, shaken by an unexpected surge in consumer prices revealed in...
Pitney Bowes Appoints Jason C. Dies as Interim CEO, Stock Jumps
Pitney Bowes Inc (NYSE:PBI) has named Jason C Dies as its Interim CEO, a strategic move to maintain leadership stability. Dies will receive competitive compensation,...
Ceasefire Hopes Stall Oil Rally: Geopolitical Risk Premium Persists
Oil prices extended their decline on Tuesday as the geopolitical risk premium on crude eased slightly on hopes for a potential ceasefire in the Israel-Hamas...
Galaxy Digital Holdings Announces Upsized Equity Raising
Galaxy Digital Holdings, a prominent player in the digital asset and blockchain sphere, has decided to increase the size of its proposed equity raising, aiming...
Bitcoin Slips Below $69,000: Market Volatility Sends Shockwaves Through Crypto Space
Bitcoin (BTC) encountered a setback on Tuesday, experiencing a decline below the $69,000 threshold following a brief rally on Monday amidst market volatility. Let’s delve...
BlackBerry Limited Partners with AMD for Robotics Platform
BlackBerry Limited experienced a surge in its shares by more than 7% on Tuesday following its collaboration announcement with Advanced Micro Devices (AMD). The partnership...
Lucid Beats Market Estimates for Q1 Deliveries, Shares Soar
Lucid Group Inc. pleasantly surprised investors with first-quarter (Q1) deliveries surpassing market expectations, marking a positive stride for the luxury electric vehicle manufacturer. Q1...
Tilray Brands Reports Q3 Financial Results: Stock Dips
Tilray Brands, a prominent player in the global cannabis-lifestyle and consumer packaged goods sector, has recently disclosed its financial results for the third quarter (Q3)...