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Pelican Products Bets Big on Defense as Drones Reshape Military Logistics
Pelican Products CEO JC Curleigh outlines the company's strategic pivot toward defense, partnering early with drone innovators and scaling US production to meet rising demand for protective cases in modern military logistics.
Scotiabank Raises Vale Price Target to $18 on Copper Growth
Scotiabank raised its price target on Vale (VALE) to $18 from $16.50, citing copper growth in its valuation model, following JPMorgan's similar upgrade.
Gold plunges 3.2% as dollar and yields rally, breaking key support
Gold tumbled 3.2% to $4,333 as a stronger US dollar and rising bond yields triggered heavy selling, breaking below its 200-hour moving average for the first time since October 2023.
Stifel, Citi Raise Ciena Price Targets on Optical Demand
Stifel and Citi raised their price targets on Ciena (CIEN) ahead of its fiscal Q2 report, citing stronger demand for optical connectivity and increased growth expectations for fiscal 2027 and 2028.
Argus and Citi Raise Snowflake (SNOW) Price Targets on GenAI Demand
Argus raised Snowflake's price target to $300 and Citi to $320, citing strong demand for its data management systems in generative AI applications.
Where to invest a $10,000 windfall: Financial experts share their allocation tips
A new survey shows 65% of Americans would save or invest a surprise windfall, and financial experts outline optimal allocation strategies for a $10,000 lump sum.
LQD vs SCHQ: Safer Bond Fund Not Always the Better Choice
Investors comparing LQD and SCHQ must weigh lower costs and Treasury safety against the higher returns of corporate credit, as the safer fund has not always outperformed.
Nasdaq Slides 2% as Chip Stocks Drop, Yields Rise; AMD, Intel Lead Sell-Off
The Nasdaq Composite fell 2% on Friday as semiconductor stocks tumbled and bond yields rose, with AMD and Intel leading the sell-off amid renewed concerns over chip demand and interest rates.
Viridian Metals Targets High-Grade Copper Zones at Kraken Ahead of 2026 Drill Program
Viridian Metals is advancing a 50-hole drill program at the Kraken copper system in Labrador, following 2024 intercepts of up to 4.15% copper, targeting high-grade zones for expansion.
Indian Households Expect Inflation to Spike, Confidence Wanes
Indian households expect inflation to accelerate through the year, driven by US-Iran tensions and below-normal monsoon, according to RBI surveys, dampening consumer confidence.
JPMorgan Turns Bullish on Tesla After Dimon Praises Musk
JPMorgan's new lead autos analyst upgraded Tesla's rating a day after CEO Jamie Dimon praised Elon Musk, signaling a shift in the bank's stance on the electric-vehicle maker.
Canada adds 87.8K jobs in May, unemployment falls to 6.6%
Canada's economy added 87.8K jobs in May, far exceeding the 10.0K estimate, while the unemployment rate dropped to 6.6%, signaling a robust labor market that may influence Bank of Canada rate decisions.
European Markets Mixed as Traders Await US NFP and Iran Deal News
European equity markets traded in a mixed range on Friday as investors remained cautious ahead of the US nonfarm payrolls report and amid ongoing uncertainty over a US-Iran nuclear deal.
TPG, Oaktree, Oak Hill Lead €1B Funding for Evoke Buyout
Private lenders TPG Angelo Gordon, Oaktree, and Oak Hill are providing about €1 billion in debt funding for Bally's Intralot acquisition of gambling firm Evoke Plc.
ArcelorMittal Hits 52-Week High After Q1 Earnings Beat
ArcelorMittal shares hit a 52-week high after Q1 adjusted earnings of €0.76 per share beat estimates, supported by new capacity and mining projects.
Euro Area GDP Revised Down to Contraction in Q1 2026
Euro area GDP was revised down to a contraction in Q1 2026, driven by a sharp drop in Ireland's GDP, raising the risk of a technical recession.
RBI Chief Malhotra Vows Action If Inflation Becomes Generalised
RBI Governor Sanjay Malhotra said the central bank will act if inflation becomes generalised, pushing back against calls to tolerate higher prices for growth.
China Allows Some Banks to Offer Higher Dollar Deposit Rates
China is allowing some banks to raise interest rates on corporate US dollar deposits, a move that could slow the yuan's recent gains by reducing incentives for companies to convert foreign currency.
Bitcoin approaches $60,000 as bear flag breakdown weighs on price
Bitcoin futures are sliding toward the $60,000 psychological level after breaking down from an ascending channel, with bearish bias prevailing below $61,900.
Algebris Buys Turkish CDS Protection as Credit Risks Mount
Algebris Investments is buying credit default swap protection on Turkish bonds, citing rising credit risks amid the Iran war's strain on the economy.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.