Core Viewpoint - The recent rally in gold and other precious metals is experiencing a slowdown due to rising expectations that Kevin Warsh will be nominated as the next Federal Reserve chair, impacting the dollar debasement trade [1] Group 1: Gold Market Reaction - Gold prices fell more than 3%, decreasing by $171 to $5,179 an ounce, marking a potential end to a nine-session upward trend [1] - On the previous day, gold had reached a record high of $5,318.40 an ounce, with a gain of $14.80, or 0.3% [1] Group 2: Market Context - The decline in gold prices reflects changing market sentiments influenced by anticipated leadership changes at the Federal Reserve [1]

OpenAI is eyeing an initial public offering before the end of the year, hoping to beat rival AI startup Anthropic to the punch, the Wall Street Journal reported late Thursday. ...

Core Viewpoint - Apple's stock has risen following CEO Tim Cook's comments during the earnings call, which addressed investor concerns regarding the company's ability to manage rising memory prices while maintaining strong gross margins [1] Earnings Results - Apple projects gross margins that exceed Wall Street's estimates, indicating effective management of increased memory costs [1] - The company is experiencing better-than-expected revenue growth despite a shortage of iPhones and other products [1] - A favorable mix of high-end hardware and services growth is helping to buffer against rising memory costs [1]

Core Insights - The storage maker's revenue guidance was nearly 60% higher than Wall Street consensus [1] - Profit guidance from the company was more than double what analysts had anticipated [1]

Core Viewpoint - The market is experiencing significant volatility across various asset classes, indicating that investors may have limited options for safe investments [1] Group 1: Market Performance - U.S. stocks closed mixed after a volatile trading day, with both stocks and metals trading at or near all-time highs [1] - Gold prices surged toward $5,600 before easing back, reflecting the fluctuations in investor sentiment [1] Group 2: Asset Class Volatility - The volatility observed in stocks, metals, and oil prices suggests a potential shift in market dynamics, leaving investors with fewer safe havens [1]

Core Viewpoint - Tech earnings are anticipated to provide a much-needed boost to the market during a challenging economic period [1] Group 1 - The upcoming earnings reports from major technology companies are expected to be pivotal for market sentiment [1] - Analysts predict that strong performance from tech firms could counterbalance recent economic uncertainties [1] - The technology sector is seen as a potential leader in driving market recovery [1]

Microsoft's stock tumbled over the company's decision to prioritize internal AI development over immediate cloud revenue. ...

Lululemon's offerings are late to the game — the plush-toy mania is several years old — and is a distraction from what Lululemon is known for, an analyst says, ...

Lockheed Martin's stock is headed for its best month since 1980, after the defense contractor provided an upbeat earnings outlook amid strong demand from Trump's Defense Department for its missiles an... ...

Core Insights - Elon Musk is reportedly planning to consolidate his social media platform, artificial intelligence startup, and rocket company into a single entity [1] - xAI and SpaceX are exploring a merger ahead of SpaceX's anticipated initial public offering [1] - Both xAI and SpaceX are recognized as two of the most valuable private companies globally [1]