June 3, 2025
Gold climbs to over 3-week high as dollar weakens
Gold rose to its highest in over three weeks, as a weakening dollar and a combination of geopolitical risks and economic uncertainty fuelled investor demand for safe-haven assets. U.S. gold futures settled 2.5% higher.
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June 3, 2025
S&P closes higher on trade hopes, Nvidia lifts Nasdaq
The S&P 500 index closed higher as investors were still optimistic over trade talks between the United States and its trading partners despite President Donald Trump’s latest salvo to double tariffs on imported steel and aluminum.
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May 30, 2025
US appeals court reinstates Trump tariffs
A U.S. appeals court reinstated President Donald Trump’s sweeping tariffs, leaving Wall Street with no clear direction a day after most of the tariffs were blocked by a trade court, a move that had given markets a brief boost.
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May 30, 2025
Crypto mining stocks plunge as Fed warns of ‘difficult tradeoffs’
US crypto mining stocks tumbled after minutes published by the Federal Reserve signaled its growing uncertainty about the country’s economic outlook. The crypto market remained unscathed, despite the stock drops among crypto miners.
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May 30, 2025
Dell raises full-year profit forecast on strong AI server demand
Dell Technologies raised its annual profit forecast, signaling growing demand for its AI-powered servers that are equipped with Nvidia’s powerful chips, sending the computer hardware maker’s shares up 10% in extended trading.
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May 29, 2025
GameStop officially confirms first Bitcoin purchase
GameStop, the US video game and consumer electronics retailer, has confirmed its first Bitcoin investment, acquiring 4,710 Bitcoin. The announced acquisition is GameStop’s first publicly acknowledged Bitcoin purchase since the company disclosed plans to move into Bitcoin investment in March.
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