Amid severe supply shortages, Micron and Sandisk have raised prices dramatically on critical memory products, fueling a stunning surge in their gross margins.
Amid severe supply shortages, Micron and Sandisk have raised prices dramatically on critical memory products, fueling a stunning surge in their gross margins.
Gold was steady after a gain as the US-Iran ceasefire continued to hold despite reports of a cargo vessel being targeted, easing fears of an escalation that would fuel inflation risks. Bullion traded around $4,550 an ounce, after rising 0.8% on Tuesday. The US has downplayed the prospect of a return to active war with Iran, but reports a cargo vessel was hit by an unknown projectile the day after ...
Gold was steady after a gain as the US-Iran ceasefire continued to hold despite reports of a cargo vessel being targeted, easing fears of an escalation that would fuel inflation risks. Bullion traded around $4,550 an ounce, after rising 0.8% on Tuesday. The US has downplayed the prospect of a return to active war with Iran, but reports a cargo vessel was hit by an unknown projectile the day after clashes involving ships in the Strait of Hormuz signaled a continuing simmering of tensions. US Defense Secretary Pete Hegseth said the truce that began just under a month ago was holding, while Secretary of State Marco Rubio said that offensive operations are over as Washington shifts to protecting shipping in the strait. Iranian Foreign Minister Abbas Araghchi said talks were “making progress.” Read More: US Says Offensive Phase of Iran War Over as Ship Hit in Strait While the pathway to a deal that reopens the strait remains distant, the relative calm is helping to soften energy prices and reduce inflationary pressure. That is easing expectations for Federal Reserve rate hikes, which would pressure non-yielding assets like gold. Spot gold dipped 0.2% to $4,550 an ounce at 6:42 a.m. in Singapore. Silver was 0.1% lower at $72.77. Platinum and palladium were little changed. The Bloomberg Dollar Spot Index , a gauge of the US currency, ended the previous session stable.
Earnings Call Insights: Vivid Seats (SEAT) Q1 2026 Management view "We entered fiscal year 2026 with a clear focus and road map to enhance our market position and financial trajectory" (CEO & Director Lawrence Fey), adding that "our first quarter results came in at the
Earnings Call Insights: Vivid Seats (SEAT) Q1 2026 Management view "We entered fiscal year 2026 with a clear focus and road map to enhance our market position and financial trajectory" (CEO & Director Lawrence Fey), adding that "our first quarter results came in at the
Earnings Call Insights: Powell Industries (POWL) Q2 2026 Management view "The Powell team delivered another solid quarter of operational efficiency and order growth" with "notable strength in the quarter from liquefied natural gas projects... electric utility distribution and generation projects and also data
Earnings Call Insights: Powell Industries (POWL) Q2 2026 Management view "The Powell team delivered another solid quarter of operational efficiency and order growth" with "notable strength in the quarter from liquefied natural gas projects... electric utility distribution and generation projects and also data
Revised indictment alleges Cole Allen, accused of targeting Trump, assaulted federal officer with deadly weapon Cole Tomas Allen, the suspected gunman at the White House correspondents’ dinner, is facing an additional related charge for assaulting a federal officer with a deadly weapon, federal authorities announced on Tuesday. The new charge, which formally accuses Allen of firing at a US Secret ...
Revised indictment alleges Cole Allen, accused of targeting Trump, assaulted federal officer with deadly weapon Cole Tomas Allen, the suspected gunman at the White House correspondents’ dinner, is facing an additional related charge for assaulting a federal officer with a deadly weapon, federal authorities announced on Tuesday. The new charge, which formally accuses Allen of firing at a US Secret Service agent at a security checkpoint, is part of a new four-count indictment returned by a federal grand jury in Washington. The other three counts are charges Allen previously faced : attempted assassination, discharge of a firearm during a crime of violence and illegal transportation of a firearm and ammunition across state lines. Continue reading...
Earnings Call Insights: FTC Solar, Inc. (FTCI) Q1 2026 Management View Chairman Chandrasekhar Sadasivam described the leadership change as a shift from stabilization to scaling, saying, "based on the progress made to date and recent project wins, FTC is at a critical inflection
Earnings Call Insights: FTC Solar, Inc. (FTCI) Q1 2026 Management View Chairman Chandrasekhar Sadasivam described the leadership change as a shift from stabilization to scaling, saying, "based on the progress made to date and recent project wins, FTC is at a critical inflection