Risk sentiment dominated Wall Street on Friday, with selling pressure mounting in AI-linked names and pushing tech stocks toward their worst week since April. By noon in New York, the Nasdaq100 fell 1.9%, pushing weekly losses to almost 5%, while the S&P500 fell 1.2%, down about 3% over the week. Investors’ concerns about the labor […]
President Donald Trump‘China’s government is likely to take stakes in more companies as a result of China’s latest rare earth export restrictions,’ says finance minister Scott Bessant said Wednesday. Bersent told CNBC said it “wouldn’t be surprised” if the US bought shares in other companies, but only in strategic sectors. “When we get an announcement […]
Shares of NioCorp Developments Ltd (NASDAQ:NB) rose sharply in pre-market trading after the company posted its preliminary unaudited financial results for the three-month period ended September 30. NioCorp Developments had a record cash balance of $162.8 million on its consolidated balance sheet as of Sept. 30 and posted a net loss of $42.7 million, or […]