Gold Gains Modestly After Two-Day Slide as Rate-Cut Odds Shrink
Gold prices edged higher following two consecutive days of losses, as markets trimmed expectations for a near-term U.S. rate cut and investors reassess safe-haven dynamics.
Gold prices edged higher following two consecutive days of losses, as markets trimmed expectations for a near-term U.S. rate cut and investors reassess safe-haven dynamics.
An autonomous AI system was used to probe and exploit vulnerabilities across nearly 30 government, financial and tech websites, while a separate $120 million theft from crypto platform Balancer is suspected to involve AI tools.
Berkshire Hathaway revealed a roughly $4.3 billion investment in Alphabet Inc., marking a rare tech push for the firm, even as it continues reducing its longtime holding in Apple Inc.
The United States and Switzerland agreed on a framework trade deal that cuts U.S. tariffs on Swiss exports from 39% to 15% and secures $200 billion in Swiss investment in the U.S. through 2028.
Cocoa futures dropped below $5,300 per ton on ICE for the first time since 2024, pressured by expectations of U.S. tariff cuts and improving West African harvests.
European markets dipped as investors recalibrated expectations of a U.S. rate cut and flagged overvaluation in the AI sector, while weak Chinese economic data added to global risk-off sentiment.
Bitcoin Depot, North America’s largest Bitcoin ATM operator, has launched its first Asian operations in Hong Kong – targeting a top-five position in the market and meeting rising cash-to-crypto demand.
AI startup Anthropic announced a $50 billion funding plan to build large-scale data centers in Texas and New York, reinforcing its position in the AI infrastructure race.
Shares of SoftBank Group fell by as much as 10% after the conglomerate sold its entire stake in NVIDIA Corporation for $5.8 billion, highlighting mounting funding pressures from its ambitious AI investments.
Apple introduced the iPhone Pocket, a limited-edition wearable accessory priced at $149.95 for the short strap and $229.95 for the long version, blending premium design with everyday practicality.
Warren Buffett announced he will no longer write Berkshire Hathaway’s annual shareholder letters, marking the end of a 60-year tradition as he accelerates his philanthropic plans and prepares to hand leadership to Greg Abel.
The Chan Zuckerberg Biohub, founded by Mark Zuckerberg and Priscilla Chan, announced a new initiative merging artificial intelligence, biology, and computing to accelerate breakthroughs in health and disease research.
Chinese camera maker Insta360 gifted employees solid gold keyboard keys as annual bonuses, with one ‘spacebar’ key alone worth about $45,000, symbolizing recognition and stability amid market volatility.
Trump Media & Technology Group reported a third-quarter net loss of $54.8 million while holding 11,542 Bitcoin and expanding crypto assets, raising questions about its treasury strategy and operational model.
J.P. Morgan argues that Bitcoin is undervalued compared to Gold on a risk-adjusted basis and estimates a fair price of about $170,000 for the cryptocurrency within 6-12 months.