AMD Shares Jump on Landmark Multi-Year AI Chip Deal with OpenAI Advanced Micro Devices (NASDAQ: AMD) surged 25% in premarket trading after announcing a multi-year agreement with OpenAI to supply advanced artificial intelligence chips, a deal projected to generate tens of billions of dollars in annual revenue. Under the terms …

Bitcoin eased modestly on Monday, retreating from a fresh all-time high above $125,000, though strong institutional inflows into U.S. spot exchange-traded funds (ETFs) and uncertainty surrounding Washington’s prolonged government shutdown continued to underpin sentiment. The world’s largest cryptocurrency was last down 1.6% at $123,716.7 as of 01:50 ET (05:50 GMT), …

Oil prices gained ground on Monday after the OPEC+ alliance confirmed a smaller-than-expected production increase for November, easing fears of an aggressive supply expansion while a sluggish demand outlook continues to cap upside momentum. By 11:07 GMT, Brent crude futures climbed $0.89, or 1.4%, to $65.42 per barrel, while U.S. …

European equities slipped on Monday, with French shares leading losses after newly appointed Prime Minister Sébastien Lecornu abruptly resigned, triggering renewed political uncertainty across the euro zone. By 09:46 GMT, the pan-European STOXX 600 index fell 0.2% to 569.4 points, retreating from an intraday record high reached earlier in the …

France was plunged into fresh political turmoil on Monday after newly appointed Prime Minister Sébastien Lecornu and his government resigned only hours after unveiling their cabinet, marking the shortest-lived administration in modern French history. The shock resignation came barely 14 hours after Lecornu announced his ministerial team, sending the euro …

Gold prices surged to fresh record highs in early Asian trading on Monday, supported by a sharp weakening in the Japanese yen and persistent expectations of further U.S. rate cuts amid political and economic uncertainty in Washington. Spot gold climbed as much as 1% to $3,926.63 an ounce, while December …

The Dow Jones Industrial Average (DJI30) extended its bullish momentum, successfully reaching the target mentioned in the previous report at 47,140, and posting a new session high of 47,163. Technical Outlook – 4-Hour Timeframe: The 50-day Simple Moving Average (SMA) continues to act as dynamic support, reinforcing the broader bullish …

The USD/CAD pair continues to show gradual upward movement, maintaining its recent bullish tone as technical indicators remain supportive of a continuation in the prevailing trend. Technical Outlook – 4-hour timeframe: The Relative Strength Index (RSI) continues to provide positive short-term signals, reflecting steady bullish momentum. Meanwhile, the price remains …

The GBP/USD pair continues to trade under pressure on the intraday level, moving lower as it approaches the key psychological resistance at 1.3500. Technical Outlook – 4-hour timeframe: The Relative Strength Index (RSI) continues to issue negative signals, reflecting persistent bearish momentum on short-term timeframes. Meanwhile, the 50-day Simple Moving …

US crude oil futures (WTI) started the week with a bullish price gap, reaching a high of $61.88 per barrel. Technical Outlook – 4-hour timeframe: The price is attempting to consolidate above the $61.50 resistance level, supported by positive signals from the Relative Strength Index (RSI), despite entering overbought territory. …