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Gold dives as renewed Gulf hostilities push oil prices up

June 3, 2026 6:51 am
Spot Gold retreated on Wednesday, as Middle East hostilities flared anew, driving crude oil prices up and stalling US-Iran negotiations. The US military said Iranian missile attacks on Bahrain, Kuwait and other regional targets had been either thwarted or failed. According to a report by Reuters, US Secretary of State Marco Rubio said that President […] Read more

Small Biotech Firms Lead AI Adoption in Drug Development

June 2, 2026 1:46 pm
Key Takeaways Small biotech companies are adopting AI faster than large pharmaceutical firms, according to Tencent Healthcare leadership. Limited resources push smaller firms to use AI to improve efficiency in drug discovery and development. Larger pharma groups face structural and workflow challenges that slow AI integration. Smaller Biotechs Move Faster on AI Small biotech firms […] Read more

AI Bottlenecks Emerge as Wall Street Hunts Growth

June 2, 2026 1:40 pm
Key Moments Wall Street analysts increasingly view AI infrastructure as the market’s next major bottleneck and investment theme. Power supply, networking capacity, and cooling systems are becoming critical constraints in large-scale AI deployment. Investors are shifting attention beyond chipmakers toward infrastructure providers positioned to benefit from AI expansion. AI Boom Shifts Focus Beyond Semiconductors The […] Read more

SpaceX Starship Test Boosts IPO Case Despite Risks

June 1, 2026 1:43 pm
Key Takeaways SpaceX’s latest Starship test flight showed improved technical performance, reinforcing confidence in its next-generation launch system. Analysts say continued progress strengthens the company’s long-term IPO narrative, even though no listing plans have been confirmed. Key challenges remain around orbital reliability, reusability targets, and long-duration mission validation. Starship Progress Supports Long-Term Investor Narrative SpaceX’s […] Read more

EV Demand Boosts European Auto Sales, Lifts China Share

June 1, 2026 1:40 pm
Key Moments Overall registrations in the EU, Britain and EFTA increased 7% in April to 1,152,315 vehicles, leaving year-to-date volumes 4.8% above the prior year. Electrified vehicles grew about 21% and accounted for more than two-thirds of total registrations, while petrol and diesel registrations declined about 15% and 17%, respectively. BYD registrations jumped 114.5% to […] Read more

Silver upside capped, traders eye Trump decision on Iran

June 1, 2026 8:38 am
Spot Silver edged higher on Monday, but upside seemed capped by a firmer US Dollar and rising crude oil prices, as markets awaited US President Donald Trump’s decision on Iran proposal. Trump said on Friday that he would soon decide on a proposed deal to extend the ceasefire with Iran. Meanwhile, the US armed forces […] Read more

Gold eases from 2-week high on strong USD, higher oil prices

June 1, 2026 7:02 am
Spot Gold retreated on Monday, easing from a 2-week high, weighed down by a firmer US Dollar and rising crude oil prices, while markets awaited US President Donald Trump’s decision on Iran proposal. Trump said on Friday that he would soon decide on a proposed deal to extend the ceasefire with Iran. Meanwhile, the US […] Read more

Global LNG Squeeze Deepens as Heat Demand Tightens Supply

May 29, 2026 9:20 am
Key Moments About 20% of daily global LNG supply from the Middle East has been disrupted, tightening an already stressed market. Europe is struggling to rebuild gas storage from multi-year lows. At the same time, Asia is increasing demand due to hotter weather forecasts. Analysts say recent price spikes are part of a longer-term structural […] Read more

Global Equities Advance as Oil Retreats Iran Ceasefires

May 29, 2026 8:57 am
Key Moments Brent crude futures fell more than 1% to $92.5 a barrel, while West Texas Intermediate slipped to $87.40. Euro Stoxx 50 opened 0.5% higher, with major European indices posting modest gains amid easing oil concerns. Wall Street notched fresh records, with the S&P 500 closing at 7,563.63 after a 0.6% rise. Oil Prices […] Read more

WTI Crude Steadies Near 1-Month Low as Technicals Weaken

May 29, 2026 7:21 am
Key Moments: WTI trades around $87.00 in the Asian session, extending a three-day losing streak and hovering near a one-month low. Reports of a 60-day extension to the US-Iran ceasefire weigh on prices amid hopes for improved traffic through the Strait of Hormuz. WTI remains below its 50-day SMA and the 50% Fibonacci retracement of […] Read more