Gold Hits Two-Month High Before U.S. Inflation Report

Gold touched its highest level since June 5 before easing as traders positioned for U.S. inflation data and monitored renewed Middle East risks.

Gold touched its highest level since June 5 before easing as traders positioned for U.S. inflation data and monitored renewed Middle East risks.

IBM plans to deploy a large Nvidia HGX B300 inference cluster for Together AI on IBM Cloud, with availability expected in the first quarter of 2027.

The 3-year sale opens a $125 billion refunding week, with 10- and 30-year auctions still ahead as long-term yields stay near two-decade highs.

Intel priced 210.5 million shares at $95, expanding its planned equity sale by $5 billion as the chipmaker funds a capital-heavy manufacturing turnaround.

The chipmaker signed MOUs with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR for independent financing platforms designed to bring institutional capital into AI infrastructure.

Teledyne is paying a 52% premium for the X-ray imaging specialist as it expands its fast-growing Digital Imaging business.

Brent and U.S. crude rose more than 3% as markets weighed new conditions for reopening the Strait of Hormuz and Wednesday’s U.S. inflation report.

Higher gold prices lifted Barrick’s earnings, but rising production costs hurt the quarter as a $1.95 billion Newmont settlement removed an obstacle to its North American IPO.

Berkshire ended a 14-quarter run as a net stock seller as Greg Abel accelerated share repurchases and deployed more of the company’s cash pile.

Intel is tapping its 2026 stock rally for fresh capital as AI demand pushes the chipmaker to expand manufacturing and advanced packaging capacity.