Browsing: Business

Dell Technologies shares surged after quarterly revenue, profit and AI server sales rose sharply, with the company lifting its full-year outlook.

Gold prices rose as a weaker dollar lifted bullion demand, while lower oil prices and gains in silver, platinum and palladium shaped trading.

Record ground beef prices near $6.90 a pound are raising Memorial Day cookout costs as tight cattle supplies keep pressure on US shoppers.

US stocks ended higher as the Dow closed at a record and the S&P 500 extended its weekly winning streak to eight weeks.

US egg prices are falling as supply rebounds, while producers face margin pressure from low wholesale prices and elevated operating costs.

US consumer sentiment fell to a record low in May as inflation worries, gasoline costs and household price pressures intensified.

Oil prices rebounded as Brent crude rose to 104.96 dollars before settling higher, while WTI also gained after benchmark losses.

Gold fell as higher oil prices raised inflation concerns, keeping Treasury yields and rate expectations in focus across metals markets.

Oil prices fell more than 5% as Brent and WTI retreated, while Hormuz tanker traffic and tighter US inventories shaped trading data.

Gold prices edged lower as a stronger dollar and elevated Treasury yields kept pressure on bullion and broader precious metals trading.