Market News

Gold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.

U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.

High tariffs on Chinese goods have had predictable effects

Collapse of talks threatens to raise prices even higher months before midterm election

Economists criticise Fed chair’s communication strategy as policymakers prepare to gather at Jackson Hole symposium

SoFi Technologies, Inc. (NASDAQ:SOFI – Get Free Report) was the recipient of unusually large options trading activity on Friday. Investors bought 523,615 call options on the company. This represents an increase of approximately 36% compared to the typical volume of 384,785 call options. SoFi Technol

Circle Internet Group, Inc. (NYSE:CRCL – Get Free Report) was the recipient of unusually large options trading activity on Friday. Traders acquired 111,238 call options on the company. This represents an increase of approximately 12% compared to the typical daily volume of 99,313 call options. Circl

Marathon Digital Holdings, Inc. (NASDAQ:MARA – Get Free Report) saw some unusual options trading on Friday. Investors purchased 469,426 call options on the company. This represents an increase of approximately 115% compared to the average volume of 218,469 call options. Marathon Digital Price Perfor

Strive, Inc. (NASDAQ:ASST – Get Free Report) was the target of some unusual options trading activity on Friday. Traders purchased 86,321 call options on the stock. This represents an increase of 195% compared to the average daily volume of 29,216 call options. Wall Street Analysts Forecast Growth Se

Himalaya Shipping Ltd. (NYSE:HSHP – Get Free Report) reached a new 52-week high on Friday after Weiss Ratings upgraded the stock from a hold (c+) rating to a buy (b-) rating. The company traded as high as $16.77 and last traded at $16.77, with a volume of 16487 shares traded. The stock had previousl