Gold stabilized above $4,150 after Monday’s sharp decline, but elevated oil prices, Treasury yields and Fed tightening expectations limited the recovery as traders prepared for major U.S. labor, inflation and manufacturing reports.
Gold’s 3.98% plunge broke two major Fibonacci levels as oil surged and markets raised the probability of another Fed rate hike, leaving bullion bulls facing a steep technical repair before crucial inflation and employment reports.
Goldman Sachs directors have reportedly discussed a potential 2027 or 2028 exit for CEO David Solomon, offering the clearest succession window yet as No. 2 executive John Waldron stands positioned to take control.
JP Morgan downgraded PepsiCo despite its shares hovering near a 52 week low, citing weak North American trends, pressure on margins, and doubts about the pace of recovery as management works to deliver its 2026 guidance.
Anthropic’s prospectus pairs extraordinary revenue growth and a potential valuation above $2 trillion with a nearly $42 billion net loss, massive infrastructure obligations and warnings about customer concentration and the unpredictable behavior of increasingly autonomous AI systems.
Bitcoin held a narrow trading range despite rising odds of Democratic control in Congress, while the Federal Reserve’s rate increase and hawkish outlook appeared to exert greater influence over liquidity, sentiment, and the cryptocurrency’s immediate direction.
The IRS has started notifying taxpayers who may qualify for the Saver’s Match, a federal retirement contribution beginning with the 2027 tax year that can provide up to $1,000 for single filers and $2,000 for joint filers.
Nvidia’s additional $150 billion repurchase authorization signals management’s confidence as its fiscal 2028 earnings multiple trails major technology peers, even while analysts forecast nearly $385 billion in net income and 60% growth from the prior year.
Trump’s sprawling municipal bond portfolio includes debt connected to public institutions affected by his administration’s policies, although independent managers control the accounts and CNBC found no evidence that Trump directed trades or shaped policies around his holdings.
A U.S. ban covering an estimated $19.9 billion of Canadian imports is now in force as Washington and Ottawa remain divided over tariffs, with metals, autos and smaller businesses exposed to mounting economic pressure.
Polymarket is recruiting nearly three decades of Goldman Sachs experience as it pursues Wall Street liquidity, expands its institutional operation, and explores block trade capabilities for its U.S. prediction market exchange.
Alaska Airlines is adding luxury suites, premium economy cabins and expansive lounges as it targets close to 60% of revenue from premium seats, international flying, loyalty and cargo by 2030.
OpenAI pulled GPT-6.1 Astra after the model failed its safety threshold, intensifying debate over containment, alignment and whether leading AI companies should slow development despite pressure from the Trump administration to move quickly.
Ramelius lifted its FY27 through FY30 production outlook by approximately 5%, while robust investment demand and major sector deals compete with higher costs, operational setbacks, political risk, stretched valuations and pressure from Treasury yields.
European regulators say advanced quantum computers could eventually threaten $586 billion in Bitcoin, even as banks expand blockchain settlement and stablecoin projects. Meanwhile, weak spot demand, rising Treasury yields and leveraged unwinding are pressuring crypto markets.
Gold and silver tumbled as the Hormuz stalemate lifted oil prices, inflation concerns, Treasury yields and the dollar, while traders raised expectations for another Federal Reserve rate increase ahead of a crowded week of U.S. economic data.