Key News Overnight: Wall Street’s three major indexes rose sharply on Monday with the S&P 500 marking its highest level since early March as a U.S.-China agreement to temporarily slash tariffs brought some hopes for the easing of a global trade war, which U.S. President Donald Trump ignited in early April. In this issue: PatriotRead more
Key News Overnight: U.S. Treasury Secretary Scott Bessent on Friday urged Congress to raise the federal government’s debt limit by mid-July to avoid a default that would upend global markets. Bessent told congressional leaders that they needed to extend the U.S. government’s borrowing authority before August, warning that there is a “reasonable probability” the federalRead more
Key News Overnight: Federal Reserve Chairman Jerome Powell said on Wednesday that he never seeks to meet with any U.S. president and to the extent he has had such a meeting, it’s because the elected leader sought the interaction. In this issue: Uranium Miners and Developers | Uranium tailwinds | Analyst | Jon Scholtz | George Ross CatalystRead more
Key News Overnight: The U.S. Treasury and Commerce departments have formulated plans for a sovereign wealth fund but no final decisions have been made, a White House spokesperson said on Wednesday. “The Administration remains committed to using every tool available to deliver on President Trump’s directive to safeguard America’s national and economic security,” the spokespersonRead more
Key News Overnight: Pockets of the U.S. corporate debt market are flashing warning signs that a cooling economy is squeezing the most fragile borrowers, a BlackRock executive said, despite broader market hopes that the turbulence from tariffs has subsided. In this issue: Kazatomprom (KAP-LSE, KAP-AIX) | Production on track for good year | BUY | Analyst | George Ross TuracoRead more
Key News Overnight: Warren Buffett will stay on as chairman of Berkshire Hathaway (BRKa.N), after Vice Chairman Greg Abel takes over as chief executive officer, the conglomerate said on Monday. Berkshire made the announcement two days after the 94-year-old Buffett revealed at the company’s annual meeting in Omaha, Nebraska that he would step down asRead more
Key News Overnight: President Donald Trump on Friday said the U.S. economy is in a transition stage, citing strong employment and his tariff plan while reiterating his call for the U.S. Federal Reserve to lower its interest rate. In this issue: Bellevue Gold (BGL) | Site Tour provides confidence in the outlook | BUY | Analyst | Hayden BairstowRead more
Key News Overnight: U.S. stocks advanced on Thursday, with the Dow and S&P 500 posting their eighth straight session of gains after strong results from megacaps Microsoft and Meta eased concerns about artificial intelligence spending. In this issue: Predictive Discovery (PDI) | DFS on track | SPEC BUY | Analyst | Patrick Streater Minerals 260 (MI6) | Drilling underway atRead more
Key News Overnight: Federal Reserve policymakers have signaled that short-term interest rates will remain unchanged as they wait for clearer signs that inflation is nearing the U.S. central bank’s 2% goal or until there is a whiff of a deteriorating job market. In this issue: Perseus Mining (PRU) | 3QFY25 result in line | BUY | Analyst | PatrickRead more
Key News Overnight: The Los Angeles port is expecting a 35% drop in cargo from Asia next week, Gene Seroka, the port’s executive director, said in a CNBC interview on Tuesday. “It’s a precipitous drop in volume with a number of major American retailers stopping all shipments from China based on the tariffs,” Seroka said.Read more
