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Why Was Gold Rising Before CPI? Gold climbed above $4,400 an ounce on Wednesday before investors had seen July’s inflation data, showing that the initial move was driven less by the CPI report itself than by fading expectations for another Federal Reserve interest-rate increase in September. Spot gold was up about 1.1% at $4,414.63 before the 8:30 a.m. ET CPI release. The metal later extended its advance and reached its highest level since June 5. By 1:30 p.m. ET, spot gold remained 0.9% higher at $4,406.64, while U.S. gold futures settled 0.6% higher at $4,467.50. The mechanism was straightforward. Lower…
Applied Materials stock fell for a second consecutive session as traders turned their attention to the company’s upcoming earnings report. AMAT was trading at around $525 on Tuesday, down roughly 30% from its year-to-date high of $740. The stock’s recent decline will be put to the test this week when the company releases its latest financial results, with investors looking for clues about demand, margins, and the outlook for its semiconductor equipment business.Applied Materials is benefiting from the AI boomApplied Materials is a top company in the semiconductor industry. While it does not make chips, it manufactures products used by semiconductor…
Riot Platforms has signed a 20-year lease for 191 megawatts of data-center capacity at its Rockdale campus in Texas, turning power once developed for bitcoin mining into $9.1 billion of expected contract revenue. Riot called the customer a “leading frontier AI lab” in its 10 August filing with the Securities and Exchange Commission, while Bloomberg later identified the unnamed tenant as Anthropic through people familiar with the agreement. Neither company has publicly confirmed the counterparty. Investors nevertheless sent Riot shares up about 25% to $24.40 in late trading after they had fallen 5.5% during the regular session. The response says…
Why Is Nasdaq Acquiring LeveL Markets? Nasdaq has agreed to acquire LeveL Markets, the third-largest alternative trading system in the U.S. by trading volume, as it builds infrastructure for tokenized securities and markets that operate beyond traditional exchange hours. LeveL Markets processes hundreds of millions of shares each day and serves more than 2,500 buy- and sell-side clients. The platform executes trades across more than 7,000 symbols daily and works with more than 300 institutional buy-side firms. Its average daily trading volume increased 56% in 2025, giving Nasdaq an established institutional execution network rather than requiring the exchange operator to…
The TSX Composite Index has soared this year, even as gold prices have recoiled. It has jumped by 14.35% this year and 30% in the last 12 months, outperforming the S&P 500. This week will be important for the Canadian fund as top companies like Barrick Gold, Franco-Nevada, and Constellation Software release their earnings.Top TSX Composite Index stocks to release earningsThe TSX Composite Index has jumped to a record high this year amid a rally of companies from different industries. BlackBerry stock has jumped by 138% this year, making it the index’s best performer. This rally happened as the company pivoted…
Silver can be expected to rise further to the next resistance level 71.85 (former top of wave 2 from the start of June and the target for the completion of the active impulse wave C). Silver broke key resistance level 63.80 Likely to rise to resistance level 71.85 Silver recently broke above the key resistance level 63.80 (which has been reversing the price from the start of February, as can be seen from the daily Silver below). The breakout of this resistance level accelerated the active short-term impulse wave C that belongs to the intermediate ABC correction (2) from the…
Former Equitable Financial Solutions director Usman Siddiqui has been sentenced to six years and six months in prison after dishonestly transferring approximately A$1.75 million from the company to personal and overseas accounts. According to the Australian Securities and Investments Commission’s sentencing announcement, Siddiqui will serve at least three years and three months before becoming eligible for parole. The sentence concerns transfers made between May and October 2019, when Equitable Financial Solutions was already facing substantial refund demands, adverse complaint determinations and legal action from a client. The company, which provided Sharia-compliant investment and lending products primarily to members of Australia’s…
The popular iShares 20+ Year Treasury Bond ETF (TLT) has slumped into a correction as its outflows rose and as long-term US bond yields rose. It is also under pressure as the US public debt nears the $40 trillion milestone. It was trading at $82.7 on Friday, down by 10% from its highest point last year.US public debt is nearing the $40 trillion markThe TLT ETF is a top fund that invests in long-term US bonds. These bonds have come under intense pressure in the past few months as US deficit has jumped. Data shows that the 30-year bond yield remains…
Updated 7 August 2026, 9:15am ET. Oklo (NYSE: OKLO) traded at $44.05 in Friday pre-market, up 4.27% (RTTNews quote, 8:02am ET) after reporting its first-ever quarterly revenue before the open. Verdict: the revenue line arrived — $1.2 million — but it is rounding error against a $48.5 million quarterly loss, and the stock is defending the bottom of its 52-week range. The print does not settle the story; the Aurora regulatory calendar does. Key facts from Oklo’s Q2 2026 report Revenue: $1.2 million, versus zero in Q2 2025 — the first revenue Oklo has ever reported (RTTNews). Net loss: $48.5…
A New Mexico judge has ordered Meta to finance a $567 million youth-harm abatement fund, adding a court-designed remedy to the $375 million civil penalty imposed by a jury in March. The August 6 decision, published through the New Mexico judiciary’s case record, takes Meta’s total exposure in the case to $942 million before appeals. For investors, the important feature is not only the size of the bill. It is the combination of state consumer-protection penalties, a public-nuisance remedy and a five-year spending program that other attorneys general can study and adapt. What the Judge Added to the March Verdict…