Gold Futures Soar as Potential for Further Upside Emerges
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Gold Futures Soar as Potential for Further Upside Emerges

Gold futures are expected to reach record highs as prices surge towards a 'golden cross' indicator, signaling further gains. Several factors including a weaker US dollar and subdued Treasury yields contribute to this upward momentum.

TDPCW Settlement with Regulators over Email Review System
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TDPCW Settlement with Regulators over Email Review System

TD Private Client Wealth has settled with regulators for allegations of email review system failure. The settlement includes a payment of $600,000 and a censure from Finra. TDPCW commits to improving its email review practices.

Elastic Raises Revenue Expectations with Generative AI
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Elastic Raises Revenue Expectations with Generative AI

Data analytics company Elastic sees increased revenue and profit as generative AI drives financial gains. Upgraded earnings forecast exceeds expectations, leading to positive analyst outlook.

Fisker Slashes Production, Investors Feel the Pain
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Fisker Slashes Production, Investors Feel the Pain

Fisker faces production cutback, investors bear brunt, but CEO remains positive amidst market challenges. Shares rise despite recent decline.

Canada's Economy Contracts in Latest Quarter
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Canada's Economy Contracts in Latest Quarter

Canada's economy contracts by 1.1% in the latest quarter, experiencing the largest decline since 2021. The decline is attributed to decreased exports and a sluggish buildup of inventories among businesses.

The Unexpected Impact of the Ultimate Endless Shrimp Promotion
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The Unexpected Impact of the Ultimate Endless Shrimp Promotion

Red Lobster's Ultimate Endless Shrimp promotion attracted more customers than expected, causing the company to raise prices to manage demand.

NetApp's Financial Forecast Boosts Stock Performance
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NetApp's Financial Forecast Boosts Stock Performance

NetApp's stock experiences a significant surge after the company's optimistic financial forecast surpasses expectations. Industry analysts believe NetApp's sales enhancement efforts are proving successful.

Biden Administration's Supply Chain Efforts
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Biden Administration's Supply Chain Efforts

The Biden administration is working to enhance supply chains and reduce drug costs, but its impact on inflation is uncertain.

Slowing Momentum in the Economy, Says Federal Reserve Governor
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Slowing Momentum in the Economy, Says Federal Reserve Governor

Federal Reserve Governor Christopher Waller expresses observations on the slowing momentum in the economy and highlights key indicators suggesting the effectiveness of the Federal Reserve's restrictive monetary policy.

Apple Stock Soars as iPhone Demand Rises in China
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Apple Stock Soars as iPhone Demand Rises in China

Apple stock is surging as iPhone demand in China shows positive growth, reassuring investors about Apple's prospects. Despite competition from Huawei, higher average selling prices contribute to Apple's performance. Wedbush's Dan Ives remai...