Holtec Nuclear Corporation has filed for an initial public offering of its Class A common stock, with plans to list on the Nasdaq exchange under the ticker 'HNUC'. The filing outlines a dual-class share structure but does not yet specify the offering price or size.
South Korea's main stock index is trading at a record-low valuation, as a surge in corporate profits driven by AI chip demand outpaces this year's 80% market rally. While some investors see a significant opportunity, others remain cautious about the sustainability of the tech-led earnings boom.
Nvidia has reaffirmed its AI product roadmap is on schedule and reports that demand is expanding beyond hyperscalers, according to an analyst note. The chipmaker also clarified its outlook on future energy efficiency and maintained its gross margin guidance.
A court in Tbilisi has sentenced Aleko Elisashvili, founder of the Citizens party, to 13 years in prison on terrorism charges for attempting to set fire to a courthouse, a verdict that comes amid growing concerns over democratic backsliding in the country.
Wheat futures on the Chicago Board of Trade reached their highest level in six weeks as traders anticipated a U.S. government report expected to show tighter domestic supplies. Concerns over European production and geopolitical risks also provided support.
Silver is consolidating below a dense cluster of technical resistance near $61.85, with multiple indicators suggesting sellers remain in control. A failure to break this level could lead to a renewed downturn, according to technical analysis from Investing.com.
The U.S. Treasury Department has sanctioned a key financier for Iran's Supreme Leader and over a dozen other entities in response to recent attacks on oil tankers, a move Tehran claims violates a recent agreement.
Former President Donald Trump said a ceasefire with Iran is 'OVER' but that talks would continue, a claim Iran disputed. The statements follow a week of military strikes that have pushed crude oil prices to their largest weekly gain in two months.
The U.S. dollar gained against major currencies as investors sought safety amid escalating geopolitical tensions in the Middle East following attacks on oil tankers and a subsequent U.S. response against Iran.
