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Gold prices extend decline as dollar strengthens
Gold continued to slide on Wednesday after posting its steepest daily drop since 2020, pressured by a stronger U.S. dollar and profit-taking by investors.
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Tik tok says reports of possible sale to elon musk are 'pure fiction'
TikTok has denied a report suggesting that China is considering facilitating a sale of the app to tech billionaire Elon Musk in order to keep it operational in the U.S. amid potential government action.
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ABN Amro Acquires NIBC for $1.1 Billion
Dutch bank ABN Amro announced the acquisition of its domestic peer NIBC Bank from private equity firm Blackstone for approximately 960 million euros ($1.1 billion).
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Gold, Copper and Silver Hit Record Highs
Commodities surged to fresh records as the dollar weakened and geopolitical risks increased, while markets stayed cautious amid mixed big-tech earnings and inflation concerns.
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Trump’s ‘Gold Card’: The $5 Million Ticket to American Residency
Donald Trump has never shied away from bold, headline-grabbing moves. His latest? The launch of a "Gold Card", a premium immigration pass that grants permanent U.S. residency for those who can afford it.
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BMW Expects Moderate Decline in Pre-Tax Profits in 2026
BMW expects a moderate decline in pre-tax profits in 2026 but remains confident in its long-term strategy, according to CEO Oliver Zipse.
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Australia's Macquarie bids $7.5 billion for logistics group Qube
Macquarie Asset Management has made a multi-billion offer to acquire Australia’s logistics giant Qube, pushing its shares to an all-time high.
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Cerebras Prices IPO at $185 per Share, Raising $5.55 Billion
Cerebras Systems has priced its IPO above expectations, raising $5.55 billion and becoming the largest U.S. market debut of the year.
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Discord “in talks” to become a public traded company
Discord the chat platform with over 200 million monthly active users is in the early stages of exploring an initial public offering (IPO), according to The New York Times. Discussions with investment bankers are still preliminary.
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Wall Street up on Trump trade comments
U.S. markets ended higher as investors evaluated Trump’s trade comments and positive bank earnings eased credit concerns.
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Gold reaches all-time high of $2,985 per ounce
Gold prices soared on Thursday, breaking past the previous record of $2,954 per ounce and reaching an all-time high of $2,971, despite elevated US Treasury bond yields and a robust US Dollar.
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