Silver prices jumped to historic highs on Wednesday as the white metal topped the $90-per-ounce for the first time. Gold prices also hit record highs as tensions in the Middle East and concern over the US Federal Reserve’s autonomy boosted safe-haven purchases. Meanwhile, oil prices also rose sharply over concerns about disruptions in supply from
US stocks moved lower on Wednesday for a second consecutive session, extending a pullback from recent record highs as investors weighed a fresh batch of corporate earnings alongside delayed economic data that painted a mixed picture of inflation and consumer strength. The S&P 500 traded 0.5% lower, while the Dow Jones Industrial Average slipped 51
Bank of America (NYSE: BAC stock) delivered a solid beat on earnings and revenue for the fourth quarter, reporting diluted earnings of $0.98 per share, surpassing the consensus of $0.95-$0.98. The bank posted a revenue of $28.37 billion, above expectations of $27.3-$27.8 billion. The quarter showcased strength in trading and net interest income, alongside resilient
The Atlassian stock price continued its strong downward spiral this week, reaching its lowest level since August 2024. TEAM has plunged by 72% from its highest level in 2021 and by 57% from its 2025 highs. This crash has brought its market capitalization down from over $124 billion to $36 billion today. Atlassian stock has
Base metals have seen a strong start to the new year, though they have not reached the record highs set by precious metals. Copper and aluminum continue their rallies from last year, while the price of nickel has seen a particularly sharp jump since the end of last year. A common thread driving all three
Amid geopolitical concerns stemming from escalating anti-government protests in Iran, oil prices continued their upward trend, marking a fourth consecutive session of gains during Asian trading on Tuesday due to fears of potential supply disruptions. Widespread anti-government demonstrations, marked by significant violence and reported heavy casualties due to a security force crackdown, are currently impacting
JPMorgan Chase has kicked off the latest US earnings season with an unexpected stumble in one of Wall Street’s biggest revenue lines. The bank’s investment-banking fees fell in the fourth quarter, even after it had signalled last month that the business was set for a small gain. The results still showed strength elsewhere, including stronger-than-expected
Delta Air Lines (NYSE: DAL) reported record full-year revenue of $58.3 billion and strong fourth-quarter results, yet shares plummeted 5% in premarket trading on Tuesday. The plunge came as the investors focused on disappointing 2026 guidance and margin signals that suggest the airline’s profit growth will significantly slow next year. The paradox reflects a earnings
ClearBank has selected digital asset infrastructure firm Taurus to support its expansion into stablecoin-related services, as the UK clearing bank looks to broaden its payments and digital asset offering for clients. The partnership centres on ClearBank using Taurus-PROTECT as its wallet infrastructure provider. The fintech said the setup is designed to help it deliver digital
Four oil tankers, all managed by Greek interests, sustained damage from unidentified drone strikes in the Black Sea on Tuesday. The incident occurred while the vessels were en route to the Caspian Pipeline Consortium (CPC) terminal, situated off the Russian coast, to take on oil cargo. The attack has been confirmed by eight separate sources