Platinum Futures Rebound Above $1,650 as Treasury Yields and Oil Prices Decline
Platinum futures rose back above $1,650 as falling U.S. Treasury yields and easing oil prices reduced pressure on non-yielding metals.
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Platinum futures rose back above $1,650 as falling U.S. Treasury yields and easing oil prices reduced pressure on non-yielding metals.
Japan's 10-year government bond yield fell to a two-week low near 3.03% as it tracked declining US Treasury yields and weak domestic consumer spending.
The Hang Seng Index snapped a two-day losing streak, rising as easing oil prices and rallying US futures boosted investor confidence.
The offshore yuan rose to around 6.69 per dollar as China defended its currency policy during trade negotiations with the European Union.
Chip and cloud stocks edged higher overnight after a selloff sparked by OpenAI's reported 50 billion dollar annualized revenue, which was lower than expected.
The US 10-year Treasury yield held near 5.23% after a strong 30-year bond auction and comments from Fed Governor Waller eased immediate rate concerns.
Solaris Energy Infrastructure reports that rising interest rates have not slowed AI facility expansion as firms lock in long-term power supply deals.
Innovative Industrial Properties priced a public offering of Series B preferred stock to raise $50 million for life science and cannabis investments.
Innovative Industrial Properties Inc. has priced a $50 million preferred stock offering to fund a mezzanine loan and other property investments.
Space Exploration Technologies Corp shares rose overnight following the disclosure of a bond purchase and praise for CEO Elon Musk.
Anthropic has updated its usage policy to ban election interference, weapons software, and the prolonged verbal abuse of its Claude AI model.
Ark Invest reduced its stakes in SpaceX, Meta, and AMD on Thursday while expanding its position in Kratos Defense.
European natural gas prices retreated to €77.3 per megawatt-hour as geopolitical tensions eased, though low winter inventories keep supply risks high.
The US dollar index fell to around 102 as Treasury yields declined and investors weighed comments on interest rates and lower oil prices.
Chinese shares declined to multi-month lows as investors monitored crucial China-EU trade talks and tech stock sentiment weakened.
Crescent Energy Company priced an 80 million share offering to fund its Devon Eagle Ford acquisition, sending shares down over 3%.
Crescent Energy Company priced an 80 million Class A share offering at 12.50 USD to fund its acquisition of Eagle Ford assets from Devon Energy.
PepsiCo (PEP) shares rose as third-quarter sales beat estimates, though the company trimmed its full-year earnings outlook due to rising costs.
Australia's 10-year government bond yield slipped below 5.4% as falling US Treasury yields and cheaper oil eased inflation worries.
Former OpenAI employee Tomek Korbak and two colleagues were dismissed after raising concerns about AI agent monitoring and external group communications.