Global gold producers cut combined Scope 1 and 2 greenhouse-gas emissions to below 30-million tons of CO₂ equivalent in 2024, the lowest level in a decade. With gold prices reaching fresh all-time highs, the environmental, social, and governance (ESG) awareness for the mining sector is one of the metrics in focus.According to the Gold ESG Focus 2025 report by Metals Focus released on Thursday, absolute emissions from the industry's top miners fell 2% year-on-year to 29.9 million tons CO₂e, the fourth consec ...

These ten large-cap stocks were the worst performers last week. Are they a part of your portfolio?Loading...Loading...Image: Shutterstock ...

Economic Overview - Wall Street is optimistic about potential Federal Reserve rate cuts, with traders expecting a 25 basis point cut on September 17 and further cuts in October and December [2] - August inflation rose to 2.9%, the highest since January, while jobless claims increased to 263,000, the worst since October 2021, indicating labor market challenges [1] Earnings Reports - Adobe Inc. reported third-quarter earnings of $5.31 per share, exceeding the analyst estimate of $5.18 [3] - Oracle Corporation's first-quarter earnings were $1.47 per share with revenue of $14.92 billion, both slightly below expectations [3] - Kroger Company reported second-quarter adjusted earnings per share of $1.04, beating the consensus estimate of 99 cents, but quarterly sales of $33.94 billion missed the consensus of $34.102 billion [3] - GameStop Corporation's second-quarter net sales reached $972.2 million, up from $798.3 million year-over-year, surpassing the consensus estimate of $823.2 million [4] Technology Sector - Apple Inc. faced market disappointment during the iPhone 17 launch event, with analysts suggesting that the upgrades felt incremental [5][7] - Microsoft Corporation is planning significant investments in proprietary AI chip infrastructure to achieve self-sufficiency in AI [5] - Microsoft has avoided a substantial antitrust penalty by agreeing to separate its Teams platform from its productivity applications [6] - Amazon.com, Inc. is developing augmented-reality glasses, entering a competitive space with Meta Platforms, Inc. and Apple Inc. [6] Artificial Intelligence Developments - OpenAI's CEO Sam Altman expressed concerns over ethical dilemmas related to AI, while the company aims for a $500 billion valuation [10] - Mercor, founded by Thiel Fellows, is pursuing a Series C funding round targeting a $10 billion valuation due to rising demand for AI training experts [11] Automotive Industry - Tesla, Inc.'s six-seater Model Y L is sold out in China, despite facing poor sales in other regions [12] - NIO Inc. plans to raise fresh capital through a sizable equity offering [12] - XPeng Inc. initiated a large recall of its P7+ electric sedan due to a potential steering-assist defect [12] - WeRide Inc. expanded into Belgium with the launch of its Robobus, marking its 11th global market [13]

The Mortgage Bankers Association (MBA) has voiced its concerns regarding the potential merger of Federal National Mortgage Association FNMA or Fannie Mae, and Federal Home Loan Mortgage Corp. FMCC or Freddie Mac. This comes as the Trump Administration considers substantial changes to the conservatorship of these government-sponsored enterprises (GSEs), which has been in place for 18 years.GSEs Needed To Maintain Competitive Housing Finance System, Says MBAThe MBA emphasized the importance of maintaining at ...

Apple Inc. AAPL saw its entry-level iPhone 17 model dominate pre-orders on China’s JD.com platform, with the 256GB configuration receiving the most orders among all new iPhone models after pre-orders launched on Friday.Check out the current price of AAPL stock here.Apple has postponed pre-orders for the iPhone Air in China due to regulatory issues with eSIM approval, according to a report by South China Morning Post. However, U.S. customers can still expect to receive their iPhone Air models by the launch d ...

Core Viewpoint - Hedge fund manager Eric Jackson is leveraging Canadian rapper Drake's influence to promote Opendoor Technologies Inc. as a potential investment opportunity, indicating that Drake's representatives have shown interest in the company [1][3]. Management Changes - Opendoor experienced a significant stock rally of 1,500% during the summer, attributed to Jackson's investment thesis and the appointment of Kaz Nejatian, former COO of Shopify, as CEO. Co-founders Keith Rabois and Eric Wu have also returned to the board, with Rabois taking on the chairman role [2]. Retail Investor Support - Jackson's campaign has garnered strong backing from retail investors, with strategies described as "hands-on, grassroots marketing" aimed at unconventional audiences [3]. Investment Thesis - Jackson positions Opendoor as the "Amazon of housing," focusing on streamlining the buying and selling process. Despite this, there are concerns regarding prolonged high interest rates and profitability, although the company recently reported its first positive earnings before interest, taxes, depreciation, and amortization in three years [4]. Comparisons to Other Innovators - Opendoor is compared to Tesla and Palantir, emphasizing its dedicated customer base and commitment to addressing real market demands [5]. Stock Performance - In 2025, Opendoor's stock surged by 466.88%, reaching a peak price of $10.52 on September 11, with a trading volume of 1.1 billion shares, significantly above the average of 344.10 million. The stock has an annual price range of $0.51 to $10.70 and a market capitalization of $6.68 billion. However, it experienced a dip of 13.78%, closing at $9.07 on the last trading day [6]. Momentum Analysis - Opendoor is currently showing strong momentum, ranking in the 99th percentile according to Benzinga's Edge Stock Rankings, indicating a positive price trend across all time frames [7].

Core Insights - Keith Rabois has returned as chairman of Opendoor Technologies Inc. and plans significant workforce reductions and cultural changes to address overstaffing and operational inefficiencies [2][3]. Group 1: Workforce and Operational Changes - Rabois stated that Opendoor's workforce of 1,400 employees is "completely bloated" and suggested that the company only needs around 200 employees to function effectively [2]. - The company aims to align its operational goals with a drastic reduction in staff, indicating a need for a more streamlined workforce [2]. Group 2: Cultural Overhaul - Rabois criticized the current workplace culture, particularly the remote work model and diversity, equity, and inclusion (DEI) initiatives, stating that the company will shift back to a focus on "merit and excellence" [3]. - The return of Rabois and co-founder Eric Wu to the board, along with the appointment of Kaz Nejatian as CEO, signals a strategic shift in leadership and company direction [4]. Group 3: Market Performance - Opendoor's stock has seen a significant increase of 470% year-to-date, although it experienced a decline of 13.78% on a recent trading day [6].

Group 1 - President Trump is prepared to impose major sanctions on Russia, contingent upon unified action from NATO countries and a halt to Russian oil purchases [1][2] - Trump's strategy emphasizes the need for a coordinated NATO response to effectively apply economic pressure on Russia, criticizing NATO's commitment [2][4] - Treasury Secretary Scott Bessent supports the strategy, highlighting the importance of cutting off revenue sources for Putin's war efforts [3] Group 2 - Trump has previously hesitated to impose sanctions, seeking a peace deal, but recent talks with Putin did not yield concrete results [4] - Ukrainian President Zelenskyy has called for immediate sanctions, arguing that reduced Russian oil consumption would weaken Russia's military capabilities [5] - Oil market reactions have been mixed, with the United States Oil Fund LP showing a slight gain while the SPDR S&P Oil & Gas Exploration & Production ETF declined, indicating uncertainty in supply dynamics [5] Group 3 - Trump proposed imposing tariffs of 50% to 100% on China to disrupt its influence over Russia, with the tariffs to be lifted only after the resolution of the Russia-Ukraine conflict [3]

The United Kingdom and the United States are set to sign a major technology agreement during President Trump‘s visit to the UK.This new partnership will emphasize collaboration on areas such as artificial intelligence, semiconductors, telecommunications, and quantum computing, aiming to strengthen ties between the two countries’ massive tech industries, according to a Reuters report.See Also: US Farmers Head To China As Trade Strains Weigh: ReportMajor Tech Executives Join DelegationPresident Trump will be ...

Core Insights - Retail investors showed significant interest in five stocks during the week of September 8 to 12, driven by market volatility and enthusiasm for AI technologies [1] Group 1: Oracle Corp (ORCL) - ORCL's first quarter report missed expectations but generated buzz due to a massive backlog of $455 billion, which increased by 359% [5] - The stock traded between $118.86 and $345.72 over the past year, currently around $307 to $310 per share, reflecting an 85.42% increase year-to-date and a 90.77% increase over the year [6] Group 2: Opendoor Technologies Inc (OPEN) - OPEN gained attention after appointing a new CEO and co-founders returning to the board, with retail investors optimistic about potential home purchases through the stock [6] - The stock's 52-week range was $0.51 to $10.70, trading around $8 to $10 per share, with a year-to-date increase of 561.64% and a 380.37% increase over the year [7] Group 3: Nebius Group NV (NBIS) - NBIS announced a $17.4 billion contract with Microsoft and a $1 billion stock offering, raising nearly $3.7 billion for expansion, leading investors to view it as undervalued [7] Group 4: UnitedHealth Group Inc (UNH) - UNH attracted institutional interest after a critical technical signal, with retail investors betting on the stability of its insurance offerings [11] - The stock traded between $234.60 and $630.73, currently around $353 to $355 per share, down 29.91% year-to-date but showing a strong short and medium-term price trend [12] Group 5: Apple Inc (AAPL) - AAPL was highlighted following its "Awe Dropping" event, launching the iPhone 17 lineup, which generated positive sentiment among retail investors [12] - The stock's 52-week range was $169.21 to $260.10, trading around $228 to $230 per share, down 5.67% year-to-date but up 3.26% over the year [13]