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Commodity wrap: gold prices fall as dollar rises; oil slumps on oversupply concerns

Gold prices were volatile on Tuesday, with traders anticipating another rate cut by the US Federal Reserve next month. But, prices fell…
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Abercrombie stock’s post-earnings rally is unlikely to last: find out more

Abercrombie & Fitch (NYSE: ANF) soared nearly 20% on Tuesday morning after posting better-than-expected financials for its third quarter. The lifestyle retailer…
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What triggered Kohl’s stock jaw-dropping 34% rally today, and can it continue?

Kohl’s stock exploded 34% on Tuesday, jumping to $21.10 from $15.73 as Q3 earnings delivered an unmistakable turnaround signal. Same-store sales beat…
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Lakshmi Mittal plans to leave UK amid Labour tax shake-up: a turning point for the super-rich?

Indian-born steel magnate Lakshmi Mittal is preparing to leave the UK after nearly three decades, becoming the latest high-profile billionaire to depart…
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Explainer: how Alibaba’s Qwen AI app stacks up against ChatGPT

Alibaba just dropped Qwen, an AI chatbot that smashed 10 million downloads in its first week, way faster than ChatGPT’s initial climb….
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Spain’s Iberdrola launches tender offer to acquire remaining stake in Brazil’s Neoenergia

Iberdrola has announced a public tender offer for the remaining 16.2% of its Brazilian subsidiary Neoenergia, hoping to achieve 100% ownership of…
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US stocks open in the green: S&P 500 climbs 0.8%, Nasdaq up 1%

USs stocks rose on Monday, with Alphabet driving a broader rebound as the market attempted to stabilise after a sharp November decline…
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What next for Oklo stock price after the $13 billion wipeout?

Oklo stock price has nosedived in the past few weeks, erasing over $12 billion in value as the market cap dropped from…
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Zoom stock price analysis: is ZM a buy ahead of earnings?

Zoom stock price has remained in a deep consolidation phase in the past few years as demand for its services waned. It…
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Musk says Tesla nearing AI5 chip completion, begins work on AI6

Tesla is moving closer to completing the design of its next-generation AI5 chip and has already begun development work on its AI6…
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