
Kitco NEWS

Gold Prices Remain Stable Despite Drop in U.S. Consumer Confidence
Gold prices have remained relatively stable despite a recent drop in U.S. consumer confidence. This is due to the fact that gold is seen as a safe-haven asset, meaning that investors flock to it during times of economic uncertainty. Despite the drop in consumer confidence, gold prices have held steady, indicating that investors are still confident in the precious metal as a reliable store of value.

Reuters

#SpotifySharesSoar as More Users Tune In
#SpotifySharesSoar is a trending hashtag that reflects the success of the music streaming service, Spotify. As more and more users tune in to the platform, the company's stock has seen a significant increase in value. This surge in popularity has been attributed to the wide variety of music available on the platform, as well as its user-friendly interface. With over 200 million active users, Spotify is one of the most popular music streaming services in the world.

Financial Times

#ShortSellerAttack Causes Darktrace Shares to Dip
The #ShortSellerAttack caused Darktrace shares to dip recently. Darktrace is a cybersecurity company that uses artificial intelligence to detect and respond to cyber threats. The attack was initiated by a short seller, who released a report claiming that the company's technology was overvalued and that its stock was overpriced. This caused the stock to drop significantly, leading to a loss of investor confidence in the company. Despite this, Darktrace has since recovered and is continuing to grow.

Nicolas Berger

#Amgen #Humira #Biosimilar
Amgen's Humira Biosimilar is a biologic medication used to treat a variety of autoimmune diseases, including rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, Crohn's disease, ulcerative colitis, and plaque psoriasis. It works by blocking the action of certain proteins in the body that cause inflammation. This biosimilar is designed to provide the same efficacy and safety as the original Humira, but at a lower cost. It is administered via subcutaneous injection and is available in both prefilled syringes and pens.

Financial Times

Celsius Misused Customer Funds, Examiner Finds
Celsius Misused Customer Funds, Examiner Finds is a report that details the findings of an independent financial examiner who investigated the practices of Celsius, a cryptocurrency lending platform. The report found that Celsius had misused customer funds by using them to purchase digital assets and other investments without the customers' knowledge or consent. The report also found that Celsius had failed to properly disclose its use of customer funds and had not adequately monitored its activities. The report concluded that Celsius had violated its fiduciary duty to its customers and recommended that the company take corrective action.

mlive.com
GM Hourly Workers Receive Record Profit-Sharing Checks
GM Hourly Workers Receive Record Profit-Sharing Checks is a program that provides GM hourly workers with record-breaking profit-sharing checks. This program is designed to reward employees for their hard work and dedication to the company. The checks are based on the company's profits and are distributed to eligible employees on an annual basis. This program is a great way for GM to show appreciation for its employees and to help them financially.

CBS News

Not Published

Fox Business

#BedBathandBeyond Could Face Bankruptcy This Week
Bed Bath & Beyond, a popular home goods retailer, could be facing bankruptcy this week. The company has been struggling financially for some time, and is now in danger of not being able to pay its debts. The company has been closing stores, cutting jobs, and selling off assets in an effort to stay afloat. If the company does file for bankruptcy, it could mean major changes for customers, including the potential for store closures and changes to their loyalty programs.

WDAF FOX4 Kansas City

#Olathe's #BedBath&Beyond to Close Its Doors
Olathe's Bed Bath & Beyond store is closing its doors after many years of serving the community. The store has been a staple in the area for years, offering a wide selection of home goods and furnishings. Customers have come to rely on the store for everything from bedding and bath items to kitchenware and small appliances. With the closure of this store, customers will need to find alternative sources for their home goods needs.