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Bitcoin Retreats Under $70K Ahead of Key Inflation Data, Geopolitical Tensions Weigh
Bitcoin declined 1.9% to $69,560, slipping below the $70,000 threshold as market participants reduced risk exposure ahead of the U.S. inflation report and amid ongoing geopolitical concerns.
Silver Retreats as Traders Await U.S. Inflation Data
Silver prices fell Wednesday as traders reduced positions ahead of key U.S. inflation data. The metal gave back some of Tuesday's 2.7% gain that was driven by dollar weakness and lower oil prices.
Gold Holds Near Peak Ahead of U.S. Inflation Data, Geopolitical Tensions Simmer
Gold edged higher Wednesday, supported by safe-haven demand ahead of key U.S. inflation figures, while oil prices fell. Geopolitical risks remain elevated.
Asian Markets Rally on Hopes for Iran Conflict Resolution
Asian equities advanced sharply on Tuesday amid optimism the Iran conflict may be nearing an end, boosting risk sentiment. Meanwhile, Shopify's AI-driven strategy and Sedemac Mechatronics' strong market debut captured investor attention.
Nubank Appoints Ex-TikTok Marketing Chief Amid Global Expansion Drive
Nu Holdings has named former TikTok and Google executive Kim Farrell as its global marketing director, signaling an intensified push beyond Latin America. The move comes as the digital bank reports a 45% revenue surge to $4.86 billion for the fourth quarter.
Denison Mines Launches Major Exploration as Phoenix Uranium Mine Construction Begins
Denison Mines Corp. has initiated a significant 7,500-meter drill program at its Wheeler North joint venture in Saskatchewan, coinciding with the start of construction at its flagship Phoenix uranium mine, which received final regulatory approval.
UiPath Achieves AI Safety Certification Ahead of Q4 Earnings Report
UiPath has obtained AIUC-1 certification for its AI agents, positioning itself as the first enterprise automation platform to meet this safety benchmark. The announcement comes just before the company's fourth-quarter earnings report, with shares declining slightly in late trading.
Ford Boosts Explorer EV Range Amid European Market Shakeup
Ford Motor has enhanced its all-electric Explorer for Europe, introducing a lithium iron phosphate battery that extends range to 444 km. The update comes as the automaker and rivals Renault and Volkswagen navigate tepid EV demand and intensifying competition from Chinese manufacturers.
Appeals Court Weighs State Social Media Bans, Snap Faces Teen Safety Scrutiny
A federal appeals court heard arguments Tuesday on state laws limiting minors' social media access, placing Snapchat parent Snap Inc back in the legal spotlight. Judges questioned whether Florida's under-14 ban and Georgia's age verification rules could be invalidated.
Ondas Secures $15.8M Israeli Demining Contract Following Merger Announcement
Ondas Holdings' defense unit secured a $15.8 million initial contract for demining operations along the Israel-Syria border. The award follows the company's merger announcement with Mistral Inc. and upgraded revenue guidance.
Plug Power Pursues Major PJM Power Deal to Fuel AI Data Center Growth
Plug Power is negotiating to supply up to 250 megawatts of electricity to the PJM Interconnection market, focusing on data center operators and utilities with long-term contracts. The move aligns with surging power demand driven by AI and comes as the company reports improved 2025 financial results.
Eddie Bauer Exits California as Store Operator Fails to Find Bankruptcy Buyer
Eddie Bauer's store operator will shutter all 13 California locations after a bankruptcy auction failed to attract a qualified buyer. The closures mark the end of the brand's physical retail footprint in the state.