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Gold Holds Above $4,600 as Treasury Buybacks Stir Debasement Bets
Gold remains above $4,600 as Treasury buybacks fuel dollar-debasement trades. Spot gold rose 0.4%, gold ETFs saw inflows, and mining stocks outperformed.
Take-Two Slides 2% as GTA VI Netflix Preview Kicks Off Final Marketing Push
Take-Two (TTWO) shares dropped 2.1% as Rockstar's GTA VI Netflix preview begins the final marketing phase ahead of the November 19 launch. The company maintains its FY2027 bookings guidance of $8.0-$8.2 billion.
10-Year Treasury Yield Hits 4.67% as Markets Await Fed's Jackson Hole Speech
The 10-year Treasury yield climbed to 4.67% on Thursday, buoyed by strong labor data, as investors positioned for Fed Chair Kevin Warsh's Jackson Hole speech on Friday.
Microsoft Prices Anniversary Xbox at $899.99 to Test Demand as Hardware Sales Slide
Microsoft's $899.99 Xbox Series X25 anniversary console hits preorders Thursday, a 12.5% premium over the standard model, as hardware revenue falls 29% in fiscal 2026.
Celularity Stock Surges 120% on MuseCell's $300M Manufacturing Deal
Celularity shares more than doubled after MuseCell outlined a potential $300 million manufacturing relationship, though the estimate is non-binding and filings are overdue.
Synopsys Soars 10.7% as AI-Driven Demand Boosts Outlook
Synopsys shares surged 10.7% after reporting strong Q3 results and raising its full-year outlook, driven by AI-fueled chip design demand.
Strategy Stock Soars 12% as Bitcoin Breaks $80K, Outpacing Crypto Fourfold
Strategy shares jumped 12% to $137.95 as Bitcoin topped $80,000, with MSTR outpacing the crypto by 4x. Bitcoin holdings now worth $67.5 billion.
Propanc Biopharma Rockets 151% on Promising PRP Pancreatic Cancer Data
Propanc Biopharma (PPCB) shares jumped 151% after PRP reduced tumor growth by over 90% in pancreatic cancer models, with volume nearly 20 times normal.
Wendy's Shares Tumble 13% as Trian Abandons Take-Private Plans
Wendy's shares dropped 13% after top shareholder Trian Fund Management said it won't pursue a take-private deal, erasing the takeover premium.
Hormel Stock Plunges 9% on Retail Volume Drop, Sales Forecast Cut
Hormel (HRL) shares dropped 9% after retail volume fell 9% and the company cut its full-year sales outlook. Foodservice gains failed to offset the weakness.
Callaway Stock Slips as Retailers Pull Good Good Gear Amid Ad Controversy
Callaway shares dropped 1.3% as major retailers pulled Good Good products after a controversial driver ad. Despite the setback, Q2 golf equipment sales rose 4.5%.