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Wall Street Rallies as Chip Stocks Rebound and Oil Prices Ease Despite Iran Tensions

US stocks closed higher on Thursday as investors looked past a renewed flare-up in US-Iran hostilities and instead focused on a rebound in semiconductor stocks ahead of SK Hynix’s much-anticipated Nasdaq trading debut. Falling oil prices helped calm nerves even as the US and Iran traded fresh strikes during the session, with all three major […]

Starbucks Develops AI Software to Reduce Reliance on Microsoft and IBM, Report Says (SBUX)

Starbucks Expands Internal AI Development Starbucks Corp. (NASDAQ:SBUX) is reportedly developing artificial intelligence-powered software that could replace several enterprise applications currently supplied by Microsoft Corp. (NASDAQ:MSFT) and International Business Machines Corp. (NYSE:IBM), according to a Bloomberg report citing an internal company presentation. Among the projects under development are replacements for Microsoft’s inventory management software and […]

Wall Street Futures Rise as Chip Stocks Gain Despite Middle East Tensions: Dow Jones, S&P, Nasdaq

Futures Signal Higher Opening for U.S. Markets U.S. stock index futures pointed to a firmer start on Thursday, with investors looking to build on the mixed finish from the previous session. Technology shares, particularly semiconductor companies, were expected to provide early support after helping the Nasdaq recover from steep losses on Wednesday to close slightly […]

Nvidia H200 Chips Could Return to China as Beijing Weighs Limited Approval (NVDA)

Report Suggests China May Permit Limited H200 Chip Sales Nvidia (NASDAQ:NVDA) could regain limited access to the Chinese artificial intelligence market, according to a report from The Information, which said Beijing is considering allowing domestic companies to purchase a restricted number of the chipmaker’s H200 AI processors. The report says Chinese technology groups including Alibaba, […]

Levi Strauss Shares Fall Despite Earnings Beat as Guidance Disappoints (LEVI)

Strong Quarterly Results Fail to Lift Shares Levi Strauss (NYSE:LEVI) shares fell nearly 5.8% in pre-market trading, slipping to $22.96 as investors focused on the company’s outlook despite better-than-expected second-quarter earnings. The apparel maker reported fiscal second-quarter 2026 adjusted earnings of $0.28 per share after the market closed on July 8, comfortably ahead of the […]

Wall Street Futures Edge Higher as U.S.-Iran Conflict Escalates and PepsiCo Earnings Loom: Dow Jones, S&P, Nasdaq

U.S. stock index futures traded modestly higher on Thursday despite another round of military strikes between the United States and Iran, while investors prepared for quarterly results from PepsiCo (NASDAQ:PEP) and continued to monitor developments in global energy markets. Oil prices eased slightly but remained well above levels seen before the latest escalation in the […]

Lahontan Gold: Three Gold Sources, One Historic Mine, a Clear Roadmap to Gold Production

A Classic Example of Brownfield Development The Santa Fe Mine is not a greenfield project. Between 1988 and 1994, Corona Gold extracted 359,202 ounces of gold and 702,067 ounces of silver from this open-pit mine before the gold price fell to USD 360 and operations were suspended. What remains is worth its weight in gold by today’s […]

Dow Sheds Nearly 600 Points as Trump Declares Iran Ceasefire “Over,” Oil Prices Surge

Wall Street closed mixed but broadly lower on Wednesday after President Trump said the fragile ceasefire between the United States and Iran was effectively finished, sending oil prices sharply higher and rattling stocks tied to the broader economy. The Dow Jones Industrial Average and S&P 500 both fell, while the tech-heavy Nasdaq Composite managed to […]

Wall Street Set for Lower Open After Trump Says U.S.-Iran Ceasefire Is ‘Over’: Dow Jones, S&P, Nasdaq

U.S. stock futures pointed to a weaker start on Wednesday, suggesting Wall Street could extend the previous session’s losses as renewed tensions in the Middle East unsettled investor sentiment. Markets came under pressure after President Donald Trump declared the U.S.-Iran ceasefire “over,” raising fears of a fresh escalation in regional conflict. “As far as I’m […]

Apple Commits Over $30 Billion to Broadcom Supply Deal as Colorado Plant Expands (AAPL)

Apple (NASDAQ:AAPL) will invest more than $30 billion under a long-term semiconductor supply agreement with Broadcom (NASDAQ:AVGO), a partnership that will also fund a major expansion of Broadcom’s manufacturing facility in Colorado. Long-Term Agreement Supports U.S. Chip Production Broadcom announced earlier this week that it had signed a supply agreement with Apple running through 2031. […]

SpaceXAI to Launch Grok 4.5 for Public Access, Musk Confirms (SPCX)

SpaceX (NASDAQ:SPCX) will make its Grok 4.5 artificial intelligence model publicly available on Thursday, according to a social media post from chief executive Elon Musk. Musk Positions Grok 4.5 Against Leading AI Models Musk described Grok 4.5 as an “Opus-class” model, drawing comparisons with Anthropic’s Claude while claiming it delivers faster performance, greater token efficiency […]

Wall Street Futures Fall as Trump Declares Iran Peace Framework “Over”: Dow Jones, S&P, Nasdaq

U.S. stock futures moved sharply lower on Wednesday after President Donald Trump said the interim peace framework with Iran had effectively collapsed, adding fresh geopolitical uncertainty to already fragile market sentiment. By 09:03 GMT, Dow Jones futures had fallen 680 points, or 1.3%, while S&P 500 futures were down 71 points, or 0.9%. Nasdaq 100 […]

The Missing Market for Silvercorp

As Asian demand for mining equities strengthens, Silvercorp’s proposed Hong Kong listing could broaden its investor base and support a valuation re-rating. For years, Alibaba was one of the most important companies in China, yet much of its shareholder base sat thousands of miles away in New York. Investors debated Chinese consumer spending, Chinese regulation […]

Chip Selloff Snaps Winning Streak as Samsung Miss Sends Nasdaq Sliding

Wall Street’s rally cooled off on Tuesday as a fresh wave of selling hit semiconductor stocks, ending the Dow’s run of record closes. A disappointing reaction to Samsung Electronics’ earnings overnight reignited worries that chip and AI-infrastructure valuations have gotten ahead of themselves, dragging the tech-heavy Nasdaq Composite to its worst day in weeks. Rising […]

Wall Street set for softer open as technology stocks retreat: Dow Jones, S&P, Nasdaq, Futures

U.S. stock index futures pointed to a weaker start on Tuesday, with markets expected to surrender part of Monday’s gains as renewed selling pressure emerged across the technology sector. Samsung sell-off dents AI sentiment Technology shares looked set to lead the decline after South Korean memory chip giant Samsung Electronics suffered a near 7% drop […]

Nvidia shares edge lower after report says DeepSeek is developing an in-house AI chip (NVDA)

Report points to DeepSeek’s custom chip ambitions Nvidia (NASDAQ:NVDA) shares fell 1.6% in premarket trading on Tuesday after a Reuters report said Chinese artificial intelligence startup DeepSeek is designing its own semiconductor for AI computing, a move that could reduce its reliance on hardware supplied by Nvidia and Huawei. According to sources familiar with the […]

RBC raises Tesla price target on potential SpaceX deal speculation (TSLA)

RBC increases target to $500 RBC Capital has raised its price target for Tesla (NASDAQ:TSLA) to $500 from $475, reflecting both a revised standalone valuation and an additional premium linked to a potential merger with SpaceX (NASDAQ:SPCX). Analyst Tom Narayan said the updated target incorporates “a 25-30% premium to current trading levels (and a 15% […]

Visa shares slip as banks reportedly consider acquiring Fiserv debit network (V)

Payment stocks decline following reports of bank discussions Visa (NYSE:V) shares fell 2.3% in premarket trading on Tuesday, while Mastercard (NYSE:MA) declined 1.8% after reports that several major US banks have explored acquiring a debit payments network owned by Fiserv (NYSE:FI). According to The Wall Street Journal, ownership of the network could allow banks to […]

Amazon launches multi-tranche bond offering targeting at least US$25 billion (AMZN)

Company taps debt markets with eight-part bond sale Amazon.com Inc. (NASDAQ:AMZN) has launched an eight-part US investment-grade bond offering, seeking to raise at least US$25 billion through securities with maturities ranging from three to 40 years. The offering includes several tranches scheduled to mature on 9 July in their respective maturity years, including a three-year […]

SpaceX edges lower as Wall Street launches coverage ahead of Nasdaq 100 entry (SPCX)

Analysts begin coverage before major index inclusion Shares of Space Exploration Technologies (NASDAQ:SPCX) slipped ahead of the company’s scheduled inclusion in the Nasdaq 100 on Tuesday, as several major Wall Street firms initiated research coverage with price targets ranging from US$190 to US$300. The wide range of valuations reflects differing opinions over the long-term potential […]