Today: 12 June 2026
Browse Category

ADX:E7 18 November 2025

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 18.11.2025

Global markets slid on November 18, 2025, as hopes for a U.S. Fed rate cut faded, pressuring Middle Eastern indices. Despite volatility, investors focused on Gulf and Turkish penny stocks with strong financials and high-yield dividend names like National General Insurance and Riyad Bank. Bitcoin hovered near $92,234 after a brief dip below $90,000. AI signals for Source Energy Services Ltd. (SHLE:CA) suggested buy and sell levels around 9.60 and 12.58.

Stock Market Today

  • Chow Tai Fook Shares Jump 15% on Record Profit Boosted by Rising Gold Prices
    June 12, 2026, 5:21 AM EDT. Shares of jewelry giant Chow Tai Fook rose 15% following a 50% year-over-year profit increase to HK$9 billion ($1.15 billion) for the fiscal year ending March. The company's operating profit rose 27.8% to HK$18.9 billion, aided by higher gold prices that improved profit margins on weight-based gold products. CFO Karen Yih highlighted strong sales of fixed-price, high-margin jewelry in China's affluent cities and international markets despite gold price volatility. Outlook for fiscal 2027 exceeded expectations with Citi noting robust same-store sales growth and plans to expand luxury and self-operated stores, enhancing net profit margins. Gold prices peaked in early 2026 amid global uncertainty but have declined about 20% since the Iran conflict began.

Latest articles

Nvidia Gains as China Move and Chip Demand Put NVDA in Spotlight

Nvidia Gains as China Move and Chip Demand Put NVDA in Spotlight

12 June 2026
Nvidia surged 2.22% to $204.87 after Reuters reported it’s pitching new Vera CPUs to Chinese clients, with availability as soon as August, aiming to regain China market share lost to U.S. export controls; PHLX Semiconductor Index soared 7.91% Thursday, while Nvidia’s market cap neared $5 trillion and premarket trading showed further gains.
Sam’s Club Gas Station Shutting Temporarily For Repairs in Santa Clarita

Sam’s Club Gas Station Shutting Temporarily For Repairs in Santa Clarita

12 June 2026
Sam’s Club will close its Santa Clarita fuel station for renovations from June 15 to Sept. 18, adding more pumps, but the main warehouse store remains open; the closure coincides with peak summer driving season, potentially impacting local fuel sales but not affecting overall store operations, according to company and local reports.
Adobe Tumbles After CFO Departs, Even as Q2 Hits Records and AI Adds Growth

Adobe Tumbles After CFO Departs, Even as Q2 Hits Records and AI Adds Growth

12 June 2026
Adobe plunged 6.25% to $218.80 and slid further to $208.17 premarket after record Q2 results beat estimates, as investors fixated on CFO Dan Durn’s June 15 exit and uncertainty over AI monetization, despite raised full-year guidance; shares neared a 52-week low and have dropped over 37% this year amid leadership turnover and AI competition concerns.
Go toTop