Asian Stocks Gain as Japan Hits Record and Nvidia Earnings Lift Chipmakers
Japan and Broader Asia Move on Central Bank and Wall Street Signals Japanese shares reached a record high on Thursday as markets reduced expectations of additional interest rate increases by the Bank of Japan. The move came amid a generally...
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Nvidia Profit Jumps 94% as AI Data Center Demand Drives Record Quarterly Sales
Strong Quarterly Results Exceed Expectations Nvidia posted net income of $43 billion for the fourth quarter, up from $22.1 billion in the same period a year earlier. This represents a 94% year-on-year increase in profit. Quarterly revenue reached $68.1 billion,...
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Gold Prices Rebound as Investors Weigh U.S. Tariffs and Geopolitical Risks
Gold Rebounds After Prior Session’s Decline At 04:25 ET (09:25 GMT) on Wednesday, spot gold was up 0.9% at $5,187.64 an ounce, while U.S. gold futures gained 0.6% to $5,206.10 per ounce. The move followed a 1.6% fall in the...
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U.S. Treasury yields edge higher as markets assess Trump’s State of the Union
At 5:07 a.m. ET on Wednesday, the benchmark 10-year U.S. Treasury yield was up 2 basis points at 4.053%. The 30-year Treasury bond yield rose 1 basis point to 4.703%, while the 2-year Treasury note yield added 1 basis point...
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Oil Prices Advance as US–Iran Tensions Outweigh Bearish Inventory Data
Geopolitical Tensions Support Crude Benchmarks On Wednesday, both major crude benchmarks advanced despite data indicating a large build in US crude oil stockpiles, a factor that would typically weigh on prices. Brent crude futures rose to $70.82 per barrel, while...
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