Microsoft pushed back against a report claiming it reduced growth targets for its AI products, even as multiple sales teams reportedly missed aggressive goals for Azure’s Foundry platform.
Gold prices retreated from a six-week high as rising U.S. Treasury yields and investor profit-taking weighed on the metal, while silver pulled back from its record peak.
Silver has outperformed gold in 2025, soaring 71% amid tightening supply, emptying vaults, and accelerating industrial demand from EVs, AI hardware, and solar technologies. Analysts say prices may continue rising.
Deutsche Bank increased its 2026 gold price forecast to $4,450 per ounce, citing stronger investor flows and persistent central-bank buying that continue to tighten supply.
Gold climbed over 1% to its highest level in nearly two weeks after soft U.S. economic data strengthened expectations of a Federal Reserve rate cut next month, lifting demand for non-yielding bullion.
China’s net gold imports via Hong Kong fell sharply in October, sliding about 64% from September as softer domestic demand and high global prices curbed buying activity.
Gold prices declined after a stronger-than-expected U.S. labor report and a firmer dollar, which reduced expectations of an imminent interest-rate cut by the Federal Reserve.
Deutsche Bank is re-establishing its presence in global precious-metals trading after a hiatus, generating well over $100 million in first-half revenues and signalling a strategic shift toward bullion markets.
Eli Lilly crossed a $1 trillion market capitalization for the first time, powered by booming demand for its diabetes and weight-loss drugs.
Cloudflare stock fell nearly 4% in premarket trading after reports of outages affecting several internet services, including Elon Musk’s social platform X. The cause of the disruptions remains unclear.
Bitcoin briefly fell below $90,000 amid more than $1 billion in liquidations, even as MicroStrategy and El Salvador ramped up purchases. Forecasts for long-term BTC gains remain sharply divided.
Nvidia CEO Jensen Huang announced an order backlog of roughly $500 billion tied to new AI-chip generations, setting intense focus on the company’s upcoming Q3 earnings and growth outlook.
Billionaire Peter Thiel has exited his full position in Nvidia, citing fears of an artificial-intelligence-driven tech bubble that may already be peaking.
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.
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.