Alibaba to block Claude Code in workplace amid reported security concerns (BABA)

Alibaba Group Holding Ltd (NYSE:BABA) will reportedly ban employees from using Anthropic’s (NASDAQ:ANTP) Claude Code in its workplace systems from July 10 over alleged security concerns, according to a Reuters report citing a person familiar with the matter. The decision follows a report by Chinese financial publication Yicai, which claimed that Alibaba had identified what […]

U.S. holiday pause, softer Fed expectations and Asia rebound shape global markets: Dow Jones, S&P, Nasdaq, Wall Street Futures

U.S. financial markets will remain closed on Friday for the Independence Day holiday, but futures pointed to a stronger Wall Street open when trading resumes. Asian equities recovered after a volatile week, helped by fading expectations of a near-term Federal Reserve rate increase following weaker-than-expected U.S. employment data. Investors also focused on gains among Tesla’s […]

Dow Hits Record High as Weak Jobs Report Fuels Rally, Nasdaq Slides on Tech Selloff

Wall Street closed out a shortened trading week with a split verdict on Thursday. The Dow Jones Industrial Average powered to a fresh record high, while the Nasdaq Composite and small-cap stocks slid as a weaker-than-expected June jobs report sent investors rotating out of high-flying technology names and into steadier, rate-sensitive sectors. Markets are closed […]

Markets in Motion: Is an Oversold Gold Sector Setting Up for a Summer Rebound?

Oversold Gold Conditions Gold miners have endured a punishing correction. Extreme oversold conditions and improving seasonality could be laying the groundwork for a potential turnaround, according to portfolio manager Bruce Campbell. After a powerful rally earlier this year, gold mining equities have pulled back sharply. The sector registering down approximately 35 per cent from its recent […]

OCBC cuts oil price forecasts as Strait of Hormuz shipments recover (OCBC)

OCBC Group Research has lowered its quarterly Brent crude price forecasts through the second quarter of 2027, citing improving shipping activity through the Strait of Hormuz and renewed expectations of abundant global oil supplies. The revised outlook reflects the bank’s view that easing supply disruptions have shifted market attention back towards the risk of oversupply. […]

Tesla beats delivery forecasts with 480,126 vehicles delivered in second quarter (TSLA)

Deliveries outperform market expectations Tesla (NASDAQ:TSLA) reported second-quarter 2026 vehicle deliveries of 480,126 units, comfortably exceeding analyst expectations of 406,024 vehicles. The electric vehicle maker also produced 451,758 vehicles during the quarter, according to a company statement. Model 3 and Model Y continue to dominate sales The vast majority of Tesla’s deliveries came from its […]

Equity Metals Gains Attention Following Optimo Research Coverage Highlighting Silver Queen Upside

As investor interest continues to intensify across the silver exploration sector, Equity Metals Corporation (TSXV:EQTY) (USOTC:EQMEF)(FSE:EGSD) is emerging as a closely watched name following a recent bullish initiation from Optimo Research, which assigns a $0.93 price target based on the company’s growth potential at its flagship Silver Queen project in British Columbia. The research coverage […]

Apple reportedly plans major iPhone expansion with five new models through 2027 (AAPL)

Apple (NASDAQ:AAPL) is preparing one of its most significant iPhone product rollouts in years, with plans to introduce at least five new models between the second half of 2026 and the first half of 2027, according to a report from Nikkei Asia. Apple shares rose 0.9% in premarket trading on Thursday following the report. Foldable […]

Adobe gains after HSBC upgrades stock, says AI concerns are overstated (ADBE)

Adobe Systems Incorporated (NASDAQ:ADBE) moved higher in premarket trading on Thursday after HSBC upgraded the software company to Buy from Hold, arguing that investor concerns over the impact of generative artificial intelligence on Adobe’s business have become overly pessimistic. Adobe shares rose 1.8% to $214.85 before the opening bell following the broker’s revised recommendation. HSBC […]

Nvidia launches revenue-sharing model to help AI startups access computing power (NVDA)

Nvidia (NASDAQ:NVDA) has unveiled a new initiative designed to help artificial intelligence startups gain access to high-performance computing infrastructure through a revenue-sharing and credit-support model. New partnership structure targets AI infrastructure costs Under the programme, AI cloud providers will deliver cloud services powered by Nvidia technology, allowing the chipmaker to generate revenue from hardware sales […]

U.S. jobs report takes centre stage as markets trade cautiously: Dow Jones, S&P, Nasdaq, Wall Street Futures

U.S. equity futures moved lower on Thursday as investors adopted a cautious stance ahead of the closely watched U.S. employment report, while easing oil prices and renewed weakness in semiconductor stocks also influenced market sentiment. The monthly non-farm payrolls report is expected to provide fresh clues on the Federal Reserve’s next interest rate decisions, making […]

Stocks Slip to Start the Third Quarter as Fed Chair Warsh Offers No New Clues

U.S. stocks closed lower on Wednesday, giving back an early rally as investors weighed soft private-sector hiring data and a lack of fresh guidance from Federal Reserve Chair Kevin Warsh on the path of interest rates. The pullback came a day after major indexes wrapped up their strongest quarter since 2020, and traders spent the […]

Marriott and Coca-Cola announce global beverage partnership (MAR)

Coca-Cola to become Marriott’s worldwide beverage supplier Marriott International (NASDAQ:MAR) and The Coca-Cola Company (NYSE:KO) have entered into a global beverage supply agreement that will see Coca-Cola products introduced across Marriott’s worldwide hotel portfolio. According to a joint announcement released on July 1, 2026, Coca-Cola will become Marriott’s global beverage partner across multiple categories, including […]

Wedbush initiates SpaceX with Outperform rating, sees AI and Starlink driving long-term growth

Analyst sees SpaceX evolving into a leading hyperscaler Wedbush has launched coverage of Space Exploration Technologies Corp. (NASDAQ:SPCX) with an Outperform rating and a $190 price target, arguing that the company is uniquely positioned to become a major hyperscaler spanning satellite connectivity, space launches and artificial intelligence infrastructure. Analyst Dan Ives described SpaceX as “one […]

Nike warns turnaround will take longer as China weakness clouds outlook (NKE)

Revenue beat fails to offset cautious outlook Nike (NYSE:NKE) acknowledged that its turnaround remains a work in progress after ongoing weakness in China and a subdued outlook overshadowed a modest fourth-quarter revenue beat. The sportswear group reported a 1% decline in quarterly revenue, while sales in Greater China fell by double digits, leaving investors unconvinced […]

US futures edge lower as investors await Warsh remarks and key economic data: Dow Jones, S&P, Nasdaq, Wall Street

Markets begin the second half cautiously US stock futures traded lower on Wednesday ahead of the first session of the second half of the year, with investors preparing for comments from Federal Reserve Chair Kevin Warsh, fresh US manufacturing data and ongoing geopolitical developments in the Middle East. By 03:16 ET, Dow Jones futures were […]

ADVFN Appoints Jason Paltrowitz as Non-Executive Director

Former OTC Executive Brings Capital Markets Expertise to Support Global Growth LONDON – July 1, 2026 — ADVFN Ltd is pleased to announce the appointment of Jason Paltrowitz as a Non-Executive Director. Jason brings more than 20 years of leadership experience across global capital markets, investor relations, exchange services, and corporate advisory. He served as […]

Stocks Rally to Close Out Strong Quarter as Iran Ceasefire Lifts Sentiment

Wall Street closed out the second quarter on a high note Monday, with all three major indexes finishing firmly in positive territory as a combination of renewed confidence in the AI trade and welcome geopolitical relief gave investors reason to buy. The Dow Jones Industrial Average climbed to a fresh all-time high, capping what many […]

Wall Street Futures Edge Lower as Investors Lock In Profits After Record Rally: Dow Jones, S&P, Nasdaq

Profit taking points to softer start for U.S. markets U.S. stock index futures indicated a weaker open on Tuesday as investors looked set to take profits following the previous session’s broad-based rally. The cautious tone comes after Monday’s strong gains pushed the Dow Jones Industrial Average to a fresh record closing high, prompting some traders […]

Magnificent Seven shed $2.3 trillion in June as AI spending comes under closer scrutiny (MSFT)

Investor sentiment shifts toward infrastructure costs The so-called “Magnificent Seven” technology stocks have collectively lost around $2.3 trillion in market value during June as investors reassessed the scale of artificial intelligence infrastructure spending by the sector’s largest companies. The group comprises Microsoft Corporation (NASDAQ:MSFT), Nvidia Corporation (NASDAQ:NVDA), Alphabet Inc. (NASDAQ:GOOG), Apple Inc. (NASDAQ:AAPL), Meta Platforms […]