XAU/USD falls despite easing US-Iran tensions as traders focus on oil-driven inflation risks and delayed Fed rate cuts. Gold prices extended losses on Wednesday, with XAU/USD dipping to $4,440, its lowest level since March 30. The decline comes despite cautious optimism ov
If you're not familiar with Interactive Brokers (NASDAQ: IBKR), you might want to be. It has been delivering outsize gains to its investors -- thanks to its impressive results Here's a look at the company and the many things it's doing right -- along with some thoug
Mitsubishi UFJ Financial Group is considering possible steps for its holding in PT Bank Danamon Indonesia, according to a Bloomberg report citing sources. The options under review include removing the bank from the market or reducing MUFG’s ownership to lift the level of s
Private equity firm exits Spanish utility weeks after BlackRock sold its entire holding in the company. CVC Capital Partners sold an 11.08% stake in Naturgy for €3.07 billion ($3.57 billion), completing its exit from the Spanish energy group. The sale follows BlackRock’s f
The Korean chipmaker’s shares surged 9.3% as high-bandwidth memory demand tightens supply amid AI infrastructure expansion. SK Hynix became the third chipmaker to exceed a $1 trillion market capitalization, closing at 1,680 trillion won ($1.12 trillion) after a 9.3% gain.
ETHConf brings 5,000 attendees to New York City The ETHConf event will take place from June 8-10, 2026, at the Javits Center in New York City. The event will feature over 150 speakers and 100 companies, focusing on the future of Ethereum and institutional finance.
The REX LLY Growth & Income ETF reduces its weekly distribution by 11.12%, lowering yield metrics for shareholders. The REX LLY Growth & Income ETF (LLII) announced a weekly distribution of $0.1559, an 11.12% decline from the prior week’s $0.1754 payout. The move adjusts t
Pepkor has revealed plans to start its banking business in April 2027, using its national store network to reach 1.8 million main banking customers within five years. Retail groups in South Africa have been expanding into financial services as they look for additional sour
Zscaler (ZS) stock plunged on Wednesday after the cybersecurity firm reported fiscal third-quarter earnings and revenue that topped estimates while its revenue guidance came in below expectations. Reported after the market close on Tuesday, Zscaler earnings rose 28% to $1.
Equal-weighted S&P 500 index hits record highs alongside cap-weighted index, signaling broader market strength driven by AI capital expenditures. The S&P 500 rally is broadening beyond technology stocks as artificial intelligence-driven capital spending boosts industrial a
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