Dow futures rose nearly 150 points on Thursday, reflecting cautious optimism among investors following strong earnings from major banks. A similar pattern was visible across other Wall Street indices ... ...

Core Viewpoint - Gold prices are reaching new record highs, with the latest peak at $4,258.76 per ounce, indicating a strong ongoing rally in the gold market according to the World Gold Council [1] Group 1: Market Performance - Gold prices have consistently hit new highs every trading day, reflecting robust demand and market interest [1] - The recent high of $4,258.76 per ounce marks a significant milestone in gold pricing, suggesting potential for further increases [1] Group 2: Future Outlook - The World Gold Council suggests that the current rally in gold prices may have further momentum, indicating a positive outlook for the gold market [1]

Core Viewpoint - Barclays share price has remained stable this week as investors are focused on the ongoing earnings reports from major American banks such as JPMorgan, Goldman Sachs, and Morgan Stanley [1] Company Summary - Barclays was trading at 380p during the week, indicating a sideways movement in its share price [1]

Core Insights - Taiwan Semiconductor Manufacturing Co. (TSMC) has reported a significant increase in quarterly profit, highlighting the transformative impact of artificial intelligence (AI) on global chip supply chains [1] Financial Performance - TSMC's quarterly profit has sharply risen, indicating strong demand for semiconductors driven by AI applications [1] Industry Dynamics - The rise in TSMC's profits underscores how AI is reshaping the dynamics of the semiconductor industry, affecting supply chains globally [1]

Group 1 - Singapore's sovereign wealth fund, GIC, has initiated legal proceedings against Chinese electric vehicle manufacturer Nio Inc. [1] - The lawsuit alleges that Nio inflated its revenues through complex accounting practices associated with its battery-swap business [1] - The legal action was filed in August in the Southern District of New York and targets Nio, its CEO Li Bin, and former CFO Feng Wei [1]

Nestlé SA is planning to cut around 16,000 jobs globally as part of a two-year restructuring effort led by its new Chief Executive Officer, Philipp Navratil. ...

Silver has been following gold's rally since the beginning of the year, and finally the prices have begun to catch up with the yellow metal. Silver prices on COMEX have surged more than 74% since the... ...

Core Viewpoint - American Battery Technology Co (NASDAQ: ABAT) experienced a significant stock crash of up to 40% following the Department of Energy's (DOE) unexpected announcement to rescind a $52 million grant, which was crucial for its lithium hydroxide refinery project [7][9][14] Company Overview - The revoked grant was intended to support domestic battery material production and reduce reliance on foreign supply chains, making its loss a major setback for ABAT [9] - The company has seen its stock price increase over 400% since April, indicating strong retail investor interest despite the recent decline [8][14] Financial Implications - The DOE grant was not merely symbolic; it served as the financial backbone for ABAT's operational ambitions, and its loss raises concerns about the company's operational credibility and future prospects [9][10] - The revocation of the grant suggests potential compliance or execution issues and removes a significant non-dilutive funding source, which could be catastrophic for a pre-revenue firm in a capital-intensive sector [10] Market Sentiment - Investors are now questioning whether ABAT can secure alternative financing or if it will need to resort to dilutive equity raises to remain operational [10] - The company's fundamentals do not currently support a contrarian investment, as it lacks meaningful revenue, has negative cash flow, and limited visibility into commercial-scale production [11][12] Risk Factors - The loss of the DOE award not only delays the refinery timeline but also increases the likelihood of shareholder dilution, compounded by a lithium market facing oversupply and falling prices [12] - The recent stock price surge has been attributed to retail investors, but the sudden loss of federal support has exposed the fragility of this momentum [13][15] Analyst Coverage - Currently, only one analyst covers ABAT, with a price target of $6.0, indicating a lack of meaningful upside potential from the current stock price [16]

Core Viewpoint - AMD's stock has surged over 8%, driven by optimism surrounding its expanding role in the AI chip market and new partnerships, particularly with Oracle and OpenAI [2][4][10]. Company Developments - AMD has secured a major deal to supply 50,000 Instinct MI450 AI chips to Oracle Cloud Infrastructure starting in late 2026 [7][8]. - The company is also engaged in a multibillion-dollar partnership with OpenAI, delivering up to 6 gigawatts of GPUs, beginning with a 1-gigawatt rollout in 2026 [9]. Market Dynamics - The semiconductor sector is experiencing a boom due to increasing demand for AI chips as companies seek to build and scale new AI models [9][10]. - Institutional investors are showing strong interest, contributing to AMD's technical breakout and optimism regarding its product roadmap [10]. Analyst Sentiment - Analysts have raised their price targets for AMD, with HSBC increasing its target from $185 to $310, citing underestimated AI revenue potential [10][12]. - Wolfe Research upgraded AMD to "Outperform" with a $300 price target, anticipating earnings per share exceeding $10 in the near term [11]. - Jefferies upgraded AMD from Hold to Buy, describing its AI chip business as a "multi-generational opportunity" [13].

Core Viewpoint - Shares of Bunge Global SA increased by over 13% following President Donald Trump's statement regarding the potential cessation of U.S. purchases of Chinese cooking oil [1] Company Summary - Bunge Global SA experienced a significant stock price surge, indicating a positive market reaction to geopolitical developments affecting trade [1] Industry Summary - The announcement from President Trump suggests a shift in U.S. trade policy that could impact the cooking oil market, particularly concerning imports from China [1]