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Commodities wrap: oil, bullion and copper slide; all eyes on OPEC+ meeting

Most major commodities were in the red on Thursday, with oil extending its 2% decline from the previous session. Gold and silver…
Stock

Dow futures edge higher ahead of key data: 5 things to know before Wall Street opens

Dow futures were up about 58 points on Thursday, trading near 45,350.00, showing a bit of cautious optimism ahead of key labor…
Stock

Figma stock plunges 15% after earnings miss: here’s why analysts are pressing SELL

Figma stock tanked 15% as post-IPO shine dimmed fast. After its blockbuster debut back in July, the design software firm took a…
Stock

US equipment curbs expected to weigh more on Samsung, SK Hynix than TSMC

The United States has revoked Taiwan Semiconductor Manufacturing Co.’s authorization to freely ship essential equipment to its main Chinese facility, tightening restrictions…
Stock

Oil prices slip amid reports of further OPEC+ production hikes

Oil prices plunged 2% on Wednesday after reports claimed that OPEC+ may consider further oil output hikes in the coming months.  The…
Stock

Are electric vehicles (EVs) losing their spark?

The electric vehicle revolution promised unstoppable growth and sky-high profits. Tesla once led with its futuristic tech and cult-like following. BYD, China’s…
Stock

Commodities wrap: gold tops $3,600/oz as crude slips ahead of OPEC meeting

Oil prices slumped on Tuesday even as gold reached new heights, triggered by expectations of rate cuts by the US Federal Reserve. …
Stock

Bank of America lifts price targets on Google and Apple following antitrust ruling

Bank of America has grown more optimistic on technology giants Alphabet and Apple after a US court ruling spared Google from a…
Stock

Fentanyl use in US workplaces rises, study finds: report

More American workers are testing positive for fentanyl in randomised workplace drug screenings, a report by The Wall Street Journal said, which…
Stock

Nio posts record Q2 deliveries, but losses persist as analysts urge caution

Nio Inc. posted some solid earnings in the second quarter in fiscal year 2025, with vehicle sales and revenue soaring well, in…
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