Gold tops $4K for first time as investors flee inflation, global turmoil
New York Post· 2025-10-07 15:05
Gold prices hit $4,000 an ounce for the first time Tuesday as investors piled into the precious metal at a time of stubborn inflation, a lingering government shutdown and deepening geopolitical risks.Gold futures briefly touched $4,005.80 before settling just below the milestone on Tuesday morning.Prices have soared more than 50% this year, fueled by fears of a prolonged funding crisis in Washington and President Donald Trump’s escalating trade clashes with China and the European Union. 4 Gold prices hit ...
Adicet Bio's Lupus Trial Delivers 100% Response, Setting Stage For Phase 2
Benzinga· 2025-10-07 15:05
Adicet Bio Inc. (NASDAQ:ACET) shares fell Tuesday after the biotechnology company priced an $80 million direct offering, even as early safety and efficacy data from its Phase 1 trial of ADI-001 in autoimmune diseases showed encouraging signs.The company priced a registered direct offering of 70 million shares and pre-funded warrants to purchase 10 million shares at $1.00 per share and $0.9999 per warrant, respectively, for expected gross proceeds of approximately $80 million.The stock climbed as high as $1. ...
Dell Lifts Estimates for Next Four Years on AI Demand
Youtube· 2025-10-07 15:04
Dell, What do we know. Sure. Yeah.Very simply, that basically roughly doubling that their outlook for sales and earnings through fiscal 2030. So top line growth is going to be between seven and 9%, EPS growth, 15%. But the story's kind of changing, Fidel.So in the build out of datacenters and infrastructure, somebody has got to put the server design together. And that's basically what Dell does. And right now, that's kind of a mid-single digits business, in part because of how aggressive the rollout is.Some ...
Verizon (VZ) Down 5% Amid Fresh Leadership Changes
Yahoo Finance· 2025-10-07 15:03
We recently published 10 Stocks Investors Are Dumping. Verizon Communications Inc. (NYSE:VZ) is one of the worst performers on Monday. Verizon dropped its share prices by 5.11 percent on Monday to close at $41.44 apiece as investors digested leadership changes in the company, with former PayPal chief Dan Schulman taking the CEO position effective immediately. Schulman is set to replace Hans Vestberg, who led Verizon Communications Inc. (NYSE:VZ) for more than eight years. He will remain as special adviso ...
Rocket Companies (RKT) Drops Anew on 3rd Day on Fresh Developments
Yahoo Finance· 2025-10-07 15:03
We recently published 10 Stocks Investors Are Dumping. Rocket Companies Inc. (NYSE:RKT) is one of the worst performers on Monday. Rocket Companies extended its losing streak to a third straight day on Monday, shedding 4.83 percent to close at $16.94 apiece as investors continued to digest the completion of its acquisition of Mr. Cooper Group for $14.2 billion. Last Wednesday, Rocket Companies Inc. (NYSE:RKT) announced that it officially merged with Mr. Cooper Group, bringing together one of the leading h ...
Here's why the Oscar Health stock price is in a bull run
Invezz· 2025-10-07 15:03
Oscar Health stock price has been in a strong uptrend in the past few weeks as the company shared plans on integrating artificial intelligence (AI) into its business. OSCR surged to a high of $24.2, i... ...
Tech Stocks Still Lead Equity Sectors This Year
Seeking Alpha· 2025-10-07 15:03
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Starbucks (SBUX) Loses 5% on Restructuring, Leadership Changes
Yahoo Finance· 2025-10-07 15:02
We recently published 10 Stocks Investors Are Dumping. Starbucks Corp. (NASDAQ:SBUX) is one of the worst performers on Monday. Starbucks dropped for a second day on Monday, slashing 4.99 percent to finish at $82.11 apiece as investors unloaded portfolios to mitigate risks from development uncertainties, following news of workforce reduction and key leadership changes. Over the past few days, Starbucks Corp. (NASDAQ:SBUX) Chief Executive Officer Brian Niccol announced that the company would close underper ...
Sandisk (SNDK) Ends 3-Day Run; to Announce Q1 Results Soon
Yahoo Finance· 2025-10-07 15:02
We recently published 10 Stocks Investors Are Dumping. Sandisk Corp. (NASDAQ:SNDK) is one of the worst performers on Monday. Sandisk snapped a three-day winning streak on Monday, losing 5.64 percent to finish at $121.17 apiece as investors began to book profits to take advantage of the previous days’ gains. On the same day, Sandisk Corp. (NASDAQ:SNDK) announced that it would release the results of its first quarter earnings performance in the first quarter of fiscal year 2026 on November 6, during which ...
UWM Holdings (UWMC) Extends Losses Amid Class Action Lawsuit Uncertainties
Yahoo Finance· 2025-10-07 15:02
We recently published 10 Stocks Investors Are Dumping. UWM Holdings Corp. (NYSE:UWMC) is one of the worst performers on Monday. UWM Holdings extended its losing streak to a third consecutive day on Monday, dropping 6.35 percent to finish at $5.60 apiece as investors continued to unload positions amid uncertainties in an ongoing class action lawsuit that alleged the company of scheming with brokers to push mortgages higher for homebuyers. In an 87-page decision last week, US District Judge Brandy McMillio ...