š Market Overview:Gold (XAU/USD) is experiencing a sharp correction, falling more than 1% during the session after losing a key psychological level. Market sentiment has turned bearish as macroeconomic data and the strength of the US Dollar Index (DXY) continue to pressure the precious metal. Gold has temporarily lost some of its safe-haven appeal amid…
Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. Taylor Swift isn’t the only one who can’t stop breaking records. Actively managed ETF assets have hit a new high, reaching nearly $2.5 trillion at the end of May, breaking April’s record of $2.3 trillion,…
Gold is trading around $4,064 after sweeping sell-side liquidity and reacting from the lower area. The short-term trend is still under pressure, but after a strong drop, price may build a corrective bounce today before the next bigger direction is confirmed. From an SMC perspective, gold has taken downside liquidity first, then started to react….
Market News: Deutsche Bank research analyst Michael Hsueh stated in a report that “the Fed’s repricing, coupled with strong US macroeconomic data, is the main reason for the decline in gold prices.” The bank has lowered its third-quarter gold price forecast to $4,300 per ounce, a reduction of more than one-fifth from its previous forecast,…
Market News: Deutsche Bank research analyst Michael Hsueh stated in a report that “the Fed’s repricing, coupled with strong US macroeconomic data, is the main reason for the decline in gold prices.” The bank has lowered its third-quarter gold price forecast to $4,300 per ounce, a reduction of more than one-fifth from its previous forecast,…
By Hyunjoo Jin and Heekyong Yang SEOUL, June 24 (Reuters) – SK Hynix’s overtaking of Samsung Electronics to become South Korea’s most valuable firm was the culmination of 14 years of bets that brought it skepticism and scorn but ultimately put it at the centre of the global AI gold rush. In 2012, conglomerate SK…
What happened: Alphabet (GOOGL, GOOG) stock rose as much as 1.5% before slipping into red territory on Wednesday. What’s behind the move: The tech giant will join the Dow Jones Industrial Average (^DJI) on June 29, replacing Verizon Communications (VZ) to better reflect the growing sectors of the US economy. Alphabet’s inclusion will “broaden and…
NatPower has signed a multi-year agreement with Tesla covering the supply and deployment of more than 25 gigawatt-hours of battery energy storage systems across European markets, with initial projects planned in Italy and the United Kingdom. Under the agreement, Tesla will provide its Megapack battery storage technology, engineering, procurement, and construction services, and energy trading…
By Heejin Kim and Hyunjoo Jin SEOUL, June 24 (Reuters) – Samsung Electronics said on Wednesday it was considering buying āback shares to fund stock-based employee compensation tied to āits 2026 performance, but that no details including timing or size of the ābuyback had been decided. The clarification came in a regulatory filing after local…
Sue-Jean Lin, a director of Arcutis Biotherapeutics (NASDAQ:ARQT), reported the sale of 4,946 shares of common stock on June 15, 2026, as disclosed in this SEC Form 4 filing. Transaction summary Transaction value based on SEC Form 4 reported price ($24.38); post-transaction value based on SEC Form 4 reported share count and the derived total…
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