Gold Slips as U.S. Jobs Surge Weakens Rate-Cut Hopes
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.
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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.
Elon Musk released a video showing Optimus robots performing roles from construction to medicine, fueling debate over Tesla’s broader ambitions in humanoid automation. The company has not clarified the clip, but prior comments suggest Musk sees robots as central to future economic productivity.
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.
Singapore Exchange and Nasdaq have unveiled a dual-listing framework allowing large companies to list in both markets using a single regulatory process. The move aims to enhance liquidity, global access, and competitiveness of Singapore’s equity market.
Google introduced Gemini 3, its most advanced AI model to date, designed to outperform competing systems in reasoning, analysis, coding, and multimodal creation. The new platform transforms AI from a conversational tool into a full-scale development engine.
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.
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.