Century Aluminum has sold its idled Hawesville smelter to crypto-mining firm TeraWulf, which plans a major pivot to redevelop the site into a campus for AI and high-performance computing, signaling a tangible shift in the region's industrial landscape.
The U.S. dollar extended its recent decline on Tuesday, pressured by a robust Chinese yuan and shifting Treasury yields. The greenback's weakness provided a powerful tailwind for precious metals, with gold and silver posting sharp gains amid ongoing geopolitical tensions and concerns over U.S. fiscal policy.
Amidst shifting economic currents, savvy investors are scouring Asian markets for hidden gems. We spotlight three companies trading significantly below their estimated intrinsic value, offering a potential entry point for long-term portfolios.
A new global survey from JPMorgan Private Bank reveals that artificial intelligence is the overwhelming investment priority for family offices, while cryptocurrencies and traditional safe havens like gold see minimal interest.
Designer Brands Inc., parent company of DSW and several footwear labels, has confirmed a new round of layoffs as part of an organizational restructuring. The move follows a trend of job cuts across the fashion and retail sector, driven by efforts to streamline operations and adapt to shifting market dynamics.
Japanese pharmaceutical firm Shionogi & Co. reported robust nine-month results, with net income growth significantly outpacing revenue increases. The performance highlights the company's effective cost management and strategic portfolio shifts, though analysts caution that future growth hinges on key pipeline products and regulatory approvals.
In a bold move to reach customers on the go, the Wahlberg family's burger chain is launching mobile kitchens in Home Depot parking lots, signaling a strategic shift towards convenience-driven, non-traditional locations.
In a strategic shift, Intel CEO Lip-Bu Tan announced plans to enter the competitive graphics processor market, assembling a veteran engineering team to challenge Nvidia's stronghold in AI and gaming chips.
Mike Novogratz downplays quantum computing's near-term risk to Bitcoin, attributing recent large sales to profit-taking by long-term holders rather than technological fears, as the crypto industry begins formal preparations for a post-quantum future.
The retail real estate giant reported strong operational results, announced a dividend increase, and provided new earnings guidance, reinforcing confidence in its premium mall strategy amid a shifting retail landscape.
As the RBA's monetary policy looms, investors are scouring the ASX for overlooked opportunities. We examine three penny stocks with market caps below A$2 billion, assessing their financial health and growth potential in a shifting economic landscape.
As the RBA's policy shift looms, a select group of ASX-listed growth companies are drawing investor attention not just for their prospects, but for the significant stakes held by their own executives and directors.
As the Australian market braces for an RBA rate decision, a select group of technology and biotech firms are charting distinct paths, balancing innovation investment against shifting economic tides. We examine the prospects for Cogstate, Clinuvel Pharmaceuticals, and PYC Therapeutics.
SolarEdge Technologies (SEDG) is back on investors' radars following significant share price volatility. While recent weekly gains offer a glimmer of hope, they contrast sharply with a challenging longer-term performance and deep annual losses. Analysts are divided on whether the current valuation signals a buying opportunity or a value trap, as the company navigates policy shifts and fierce market competition.
Arabica and robusta coffee futures tumbled to multi-month lows this week, pressured by favorable rains in Brazil's key growing region and rising exports from Vietnam, signaling a potential shift in global supply dynamics.
Internal documents reveal Paramount+ is planning a major strategic shift, dubbed 'Project Eagle,' to aggressively compete with TikTok and YouTube by prioritizing short-form and user-generated content. The move echoes controversial changes at Instagram and Disney+, raising questions about subscriber backlash and platform identity in an increasingly homogenized streaming landscape.
In a significant shift, Syrian Interior Ministry security units are deploying into Kurdish-majority areas, including Qamishli, following an agreement with the Kurdish-led SDF. The move aims to secure state institutions but unfolds amid deep-seated communal tensions and fears of reprisal.
BlackRock, through its Global Infrastructure Partners, is reportedly exploring a deal to acquire utility group AES Corp. The potential acquisition would mark a significant expansion of the asset manager's footprint in regulated, real assets and underscores a broader industry shift toward essential infrastructure investments.
Levi Strauss & Co. reports robust Q4 growth, fueled by a surging tops business and a streamlined, AI-enhanced supply chain that has shortened lead times by months, marking a key milestone in its shift to a DTC-first lifestyle retailer.
A new analysis reveals renting remains less expensive than owning a home in Atlanta, though the monthly cost difference has shrunk to just $357 on average, reflecting a national trend of converging housing costs.
