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FINANCE NEWS YOU NEED TO KNOW TODAY

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Gold edges higher as investors eye Trump–Zelensky talks and Fed signals

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Gold edges higher as investors eye Trump–Zelensky talks and Fed signals
Business
Gold prices ticked upward on Monday, helped by a pullback in U.S. Treasury yields, as markets awaited U.S. President Donald Trump’s meeting with Ukrainian President Volodymyr Zelensky and key European leaders later in the day. As of 08:40 GMT, spot gold was up 0.4% at $3,348.28 per ounce, after briefly touching its lowest level since […]
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ChatGPT Image Aug 8, 2025, 10_14_23 AM

Gold Could Surge to $4,000 as U.S. Trust Wavers – WisdomTree Analyst Warns

Gold Rises as U.S. Inflation Stays Stubborn at 0.2% in July

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Gold Rises as U.S. Inflation Stays Stubborn at 0.2% in July
Business
Gold prices bounced back from earlier lows, stabilizing as U.S. inflation data showed steady upward pressure on consumer costs. According to the Bureau of Labor Statistics, the Consumer Price Index (CPI) climbed 0.2% in July, following June’s 0.3% rise—right in line with forecasts. Over the past year, headline inflation increased 2.7%, just under the expected […]
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ChatGPT Image Aug 8, 2025, 10_14_23 AM

Gold Could Surge to $4,000 as U.S. Trust Wavers – WisdomTree Analyst Warns

Samsung Surges as Foldable Phones Steal Market Share from Apple in the U.S.

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Samsung Surges as Foldable Phones Steal Market Share from Apple in the U.S.
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A decade after Apple and Samsung first battled for dominance in the U.S. smartphone market, the rivalry is heating up again — and this time, foldable screens are at the center of the fight. According to Canalys data, Samsung’s U.S. shipments jumped in the second quarter, boosting its market share from 23% to 31%, while […]
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ChatGPT Image Jul 8, 2025, 02_27_31 PM

Trump Ally Slams Tim Cook for Delays in Shifting iPhone Production from China

OpenAI Eyes $6 Billion Stock Sale at Massive $500 Billion Valuation

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OpenAI Eyes $6 Billion Stock Sale at Massive $500 Billion Valuation
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OpenAI is reportedly preparing a secondary share sale worth around $6 billion that could value the artificial intelligence giant at nearly $500 billion. The offering would allow current and former employees to cash out shares, with major investors such as SoftBank, Dragoneer Investment Group, and Thrive Capital said to be in talks to participate. Thrive […]
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ChatGPT Image Jul 9, 2025, 12_17_06 PM

Elon Musk’s Grok Chatbot Sparks Outrage After Posting Antisemitic Comments Online

Senate Democrats Urge Trump to Halt AI Chip Sales Deal With China

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Senate Democrats Urge Trump to Halt AI Chip Sales Deal With China
Business
A group of six Senate Democrats has called on President Donald Trump to reverse his decision allowing U.S. chipmakers Nvidia and Advanced Micro Devices (AMD) to sell advanced AI semiconductors to China in exchange for 15% of revenue from those sales. The lawmakers — including Chuck Schumer, Mark Warner, Jack Reed, Jeanne Shaheen, Christopher Coons, […]
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ChatGPT Image Aug 12, 2025, 04_30_39 PM

Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

TeraWulf Soars Over 10% as Google Expands Stake in Bitcoin Miner and AI Datacenter Project

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ChatGPT Image Aug 19, 2025, 01_58_41 AM
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Shares of TeraWulf surged more than 10% after Google boosted its investment in the bitcoin mining and datacenter operator, backing the expansion of its Lake Mariner facility in New York. The deal adds up to $1.4 billion in fresh backstop funding, raising Google’s total commitment to about $3.2 billion and increasing its ownership stake from […]
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ChatGPT Image Jul 14, 2025, 10_30_54 AM

Varun Mohan Joins Google as Tech Giant Inks $2.4B AI Deal with Windsurf

Bitcoin Retreats to $115000 as Inflation Jitters Spark $500M Crypto Sell-Off

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ChatGPT Image Aug 19, 2025, 01_58_00 AM
Business
The cryptocurrency market kicked off the week on a volatile note, with more than half a billion dollars in leveraged positions wiped out amid renewed macroeconomic worries. Bitcoin slipped 2% to $115,255 after briefly plunging to $114,706, just days after setting a new all-time high of $124,496. Ether also pulled back 4% to $4,283, retreating […]
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ChatGPT Image Aug 8, 2025, 10_13_55 AM

Bitcoin Soars as Trump Greenlights Crypto Access in 401(k) Retirement Plans

Gold Steadies as Traders Brace for Key U.S. Inflation Numbers

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ChatGPT Image Aug 12, 2025, 04_46_15 PM
Business
Gold prices inched higher on Tuesday, recovering slightly from the previous session’s steep drop, as investors kept their eyes on upcoming U.S. inflation data that could influence the Federal Reserve’s interest rate path. Spot gold rose 0.2% to $3,349.13 per ounce by 0904 GMT, while U.S. gold futures for December delivery held steady at $3,398.90. […]
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ChatGPT Image Jul 30, 2025, 09_40_38 AM

Gold Surges to 5-Week Peak as Dollar Weakens, Trade Uncertainty Sparks Investor Rush

Citi Predicts Brent Crude Could Slide to Low-$60s by Year-End Amid Market Softening

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ChatGPT Image Aug 12, 2025, 04_35_32 PM
Business
Analysts at Citibank expect Brent crude prices to drift toward the low $60 per barrel range before the year closes, pointing to signs of a cooling market. As of Wednesday afternoon, Brent futures traded at $66.53 per barrel, down 36 cents, while U.S. West Texas Intermediate (WTI) slipped 38 cents to $63.97.The bank noted that […]
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ChatGPT Image Aug 8, 2025, 10_13_34 AM

Oil Prices Rebound on U.S. Demand Strength Despite Sanctions Uncertainty

Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

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ChatGPT Image Aug 12, 2025, 04_30_39 PM
Business
U.S. President Donald Trump has suggested he may allow Nvidia to sell a reduced-performance version of its cutting-edge Blackwell AI chip to China. Speaking at a press briefing on Monday, Trump hinted at a possible deal if Nvidia could limit the chip’s capabilities by around 30% to 50%. He also mentioned an upcoming meeting with […]
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ChatGPT Image Jul 17, 2025, 10_22_41 AM

Nvidia CEO Eyes Return to Advanced Chip Sales in China as Export Curbs Ease

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