Gold price remains under pressure this week as concerns about inflation continued. XAU dropped to $4,530, its lowest level since March 31st. It has slumped by over 18% from its highest point this year, and technicals suggest that it has more downside to go. Inflation risks rise as the US-Iran ceasefire nears its end Gold… Continue reading Gold price forecast amid inflation risks as US-Iran escalation resumes
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AMD Q1 earnings tonight: Hold, Sell, or Buy the dip in advance?
Advanced Micro Devices (NASDAQ: AMD) is heading into its first-quarter 2026 report after the close on Tuesday, May 5. AMD stock is already acting like a winner before a single number is printed. The stock last traded around $341.54, while consensus targets sit at $287.91, a reminder that the market may already be pricing in… Continue reading AMD Q1 earnings tonight: Hold, Sell, or Buy the dip in advance?
Paramount Skydance earnings surpass expectations amid merger shifts
Paramount Skydance reported first-quarter results that exceeded Wall Street expectations, driven by growth in its streaming and film businesses. The media company posted revenue of nearly $7.35 billion for the quarter, marking a 2% increase from the same period last year. The performance was supported by gains in its direct-to-consumer streaming division, which includes Paramount+,… Continue reading Paramount Skydance earnings surpass expectations amid merger shifts
European shares slip as US-Iran tensions escalate, oil stays elevated
European shares moved slightly lower on Tuesday as investors remained cautious following fresh attacks involving the United States and Iran in Gulf waters. Elevated global oil prices also added to market uncertainty. The pan-European STOXX 600 index declined 0.1% to 604.68 points as of 0704 GMT. The index had already recorded its steepest drop in… Continue reading European shares slip as US-Iran tensions escalate, oil stays elevated
What UniCredit’s $28B Commerzbank bid mean for European banking?
UniCredit has turned its long pursuit of Commerzbank into a formal takeover fight. On Tuesday, the Italian lender said it had launched its €35 billion all-share offer for the German bank just one day after UniCredit shareholders approved the capital increase needed to back the deal. The takeover bid came as UniCredit reported record first-quarter… Continue reading What UniCredit’s $28B Commerzbank bid mean for European banking?
UniCredit posts record €3.2B Q1 profit, its 21st straight winning quarter
UniCredit delivered the strongest quarterly earnings in its history on Tuesday, posting a first-quarter net profit that significantly exceeded market expectations and prompted a further upgrade to full-year guidance. The results came on the same day it formally launched a takeover offer for Commerzbank, the German lender it has pursued for more than a year… Continue reading UniCredit posts record €3.2B Q1 profit, its 21st straight winning quarter
HSBC stock outlook: can it hold gains despite Q1 profit miss?
HSBC delivered a broadly flat first-quarter profit that fell short of analyst expectations, as a specific fraud-related credit charge in its UK institutional banking unit and rising provisions linked to the US-Iran conflict pushed credit losses sharply higher. The result underscores how geopolitical turbulence and isolated credit events can rapidly erode what might otherwise be… Continue reading HSBC stock outlook: can it hold gains despite Q1 profit miss?
Brent crude oil price is stuck at a key level: will it surge or crash?
Brent crude oil price remained in a narrow range on Tuesday morning as investors wait for more details about the ongoing situation in the Middle East. It dropped slightly, paring some of the gains experienced on Monday. It was trading at $113.17, down slightly from this week’s high of $115. Crisis in the Middle East… Continue reading Brent crude oil price is stuck at a key level: will it surge or crash?
OpenAI IPO push sparks plans for robotics, hardware spinoff: report
Over the past year, OpenAI has expanded well beyond chatbots, operating more like a broad technology company with multiple business lines. A Wall Street Journal report says CEO Sam Altman briefly considered spinning off the company’s robotics and consumer hardware divisions in an Alphabet-style structure. The idea is to give those businesses their own capital-raising… Continue reading OpenAI IPO push sparks plans for robotics, hardware spinoff: report