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White House Plans to Extend Tariff Relief for Automakers
The White House is poised to lower tariffs on the US automotive industry. This move will bring significant benefits to those automakers who have been actively lobbying to prevent the impact of record import tariffs.According to sources familiar with the matter, the US Department of Commerce will ann...Tiger News
Fri, Oct 17
YES Brands Supports Team USA At First U.S. Ski Mountaineering World Cup
Denver, Colorado - October 17, 2025 - (SeaPRwire) - YES Brands, a youth enrichment sports platform with family values at heart, announced today its support for Team USA during the International Ski Mountaineering Federation's Ski Mountaineering World Cup, taking place December 6–7, 2025 at Solitude Mountain Resort in Utah. The event, which opens the 2025–2026 World Cup season, is the first time an ISMF World Cup will be hosted in the United States and serves as the final opportunity for athletes to qualify for ski mountaineering's Olympic debut at the Milano Cortina 2026 Winter Games.YES Brands' logo will be featured on Team USA jerseys throughout the competition. The company's sponsorship underscores its mission to foster youth development and advance the Olympic sports movement nationally.YES Brands CEO Chris Chang said, "Ski mountaineering's inclusion in the Olympics is a testament to the dedication and skill of these athletes. We're proud to support Team USA and help inspire our nation's youth to pursue excellence in sport and in life."The 2025 event is made possible due to the leadership of USA Skimo, the national governing body for ski mountaineering in the United States. Michael Paulus, who serves as vice president of USA Skimo and whose family office PCM Growth backs YES Brands, has played a key role in the organization's expansion and in bringing international events like the World Cup to American athletes and audiences. Under the stewardship of Paulus and USA Skimo's board, the organization continues to foster the sport's growth, develop Olympic pathways for U.S. athletes, and promote youth participation throughout the country.Ski mountaineering, often referred to as "skimo," is experiencing significant growth in youth and collegiate participation as well as national team expansion. The sport's inclusion in the 2026 Winter Olympics has accelerated interest among young athletes nationwide. YES Brands' involvement creates meaningful opportunities for aspiring athletes and supports its commitment to youth empowerment through rigorous, character-driven sport.Founded by parents with decades of experience building industry-leading consumer businesses, YES Brands partners with growth-minded and people-centric entrepreneurs to deliver exceptional youth sports experiences. The company's support of Team USA at this historic World Cup event demonstrates its dedication to showcasing sport at the highest level and inspiring the next generation of athletes.Chang added, "By supporting Team USA's journey, YES Brands is investing in the future—empowering a generation to reach new heights."For more information, visit the Salt Lake City Skimo World Cup website.About YES BrandsYES Brands is a national youth enrichment sports company committed to cultivating character, resilience, and community through innovative athletic programming. Backed by Michael Paulus' family office PCM Growth, and with family values at heart, YES Brands provides long-term partnership and support to entrepreneurs building exceptional youth sports businesses across the country.Contact InformationBrand: YES BrandsContact Name: Media TeamContact Email: info@yesbrands.comWebsite: https://www.yesbrands.com/17/10/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comView original content: EQS NewsEQS
Fri, Oct 17
24H｜Disc Medicine Surged 19%; Praxis Precision Rose 7%; Rare Earth Stocks Kept Dropping. UAMY And USA Rare Earth Fell 7%
Disc Medicine rose 19.02% in overnight trading after getting FDA commissioner's national priority voucher for drug candidate.Praxis Precision Medicines rose 7% in overnight trading after soaring 183% on Thursday, boosted by the successful trial of a new drug to treat movement disorders.Rare Earth st...Tiger News
Fri, Oct 17
HK Movers | Biomedical Stocks Jump Again With TransThera Sciences up 30%
Biomedical stocks jumped again in Hong Kong. TransThera Sciences rose 30%; Duality Biotherapeutics and Biocytogen Pharmaceuticals rose 6%; Alphamab Oncology and CStone Pharmaceuticals rose 5%; Junshi Biosciences rose 4%; Hansoh Pharmaceutical rose 3%.Tiger News
Fri, Oct 17
HK Movers | Gold Stocks Jump as Gold Hits Record Highs
Gold stocks jumped in Hong Kong. Laopu Gold and SD Gold rose 4%; Chifeng Gold rose 3%; Zijin Mining and Tongguan Gold rose 2%.Gold hit a record high for the fourth straight session on Thursday and soared past $4,300 an ounce as investors flocked to the safe-haven metal on brewing U.S.-China trade te...Tiger News
Fri, Oct 17
24H｜Gold Stocks Jump, Gold Resources up 5%, Harmony Gold and Kinross up 3%; Novo-Nordisk down 3% and Eli Lilly down 4%
Gold stocks jumped in overnight trading.Gold Resources up 5%; Harmony Gold, Kinross, Coeur Mining up 3%; Gold Fields up 1%.Gold and silver soared again to new all-time highs Thursday, sparked by concerns about credit quality in the economy, in addition to U.S.-China trade frictions and growing expec...Tiger News
Fri, Oct 17
Post-Bell | Wall St Ends down on Regional Bank Loans Concerns, Jefferies Sinks 11%, Zions Drops 13%; Gold Hits Another Record; Oracle up 3%
Wall Street closed lower on Thursday, with signs of weakness in regional banks spooking investors already on edge over U.S.-China trade tensions.Shares of regional banks and investment bank Jefferies tumbled on Thursday as fears mounted around some bad loans lurking on Wall Street.Zions dropped more...Tiger News
Fri, Oct 17
BNY profit surges by 21% in Q3 as bullish stock market lifts client assets to $57.8 trillion
BNY reported a 21% jump in profit for the third quarter of 2025, powered by a rising stock market and higher client activity that pushed total assets under custody and administration to $57.8 trillion.Cryptopolitan
Fri, Oct 17
Gold Shares Rally as Spot Gold Rises 2% to Record High of $4,290/Oz. Gold Fields up over 7%; Anglogold up over 5%; Newmont Mining, Coeur, Barrick up over 4%
Gold stocks rose on Thursday. SPDR Gold Shares ETF up 2%; Gold Fields up over 7%; Anglogold up over 5%; Newmont Mining, Coeur, Barrick up over 4%.Spot gold rose 1.9% and hit another record high of $4,290 per ounce.Tiger News
Thu, Oct 16
Crypto Shares Fall as Bitcoin Drops Below $110K. Bitfarms Down 15%; CleanSpark Down 9%; TeraWulf Down 8%; MARA, Bit Digital Down 7%; Upexi Down 6%
Crypto stocks fell on Thursday. Bitfarms down 15%; Canaan down 13%; CleanSpark down 9%; TeraWulf down 8%; MARA, Bit Digital down 7%; Upexi down 6%.Bitcoin fell below $110K while ETH fell to $3950.Tiger News
Thu, Oct 16
Top Calls on Wall Street: Nvidia, Netflix, Tesla, Microsoft, Micron, T-Mobile, Berkshire Hathaway & More
Here are Thursday’s biggest calls on Wall Street:Baird initiates RocketLab as outperformBaird said the rocket company is best positioned for space travel.“We are initiating coverage of Rocket Lab (RKLB) with an Outperform rating and $83 price target based on 30x our 2030 revenue estimate.”TD Cowen i...Tiger News
Thu, Oct 16
Coinbase Launches Stablecoin Payment Platform Coinbase Business
Coinbase Business is introducing global payouts and payment links, enabling businesses to send and receive USDC with low fees, instant settlement, and global reach. These tools simplify vendor payments, eliminate chargebacks, and offer seamless API integrations, empowering businesses to scale effici...Tiger News
Thu, Oct 16
Market Movers | Lithium Stocks Fall With LAC Down 18%; Quantum Shares Drop With Rigetti Down 14%; Rare Earth Stocks Sink with USAR Down 10%
Lithium shares pulled back on Thursday. Lithium Americas down over 18%; Quantumscape down over 6%.Quantum shares fell on Thursday. Rigetti Computing down 14%; D-Wave Quantum down 9%; SEALSQ down over 7%; Quantum Corp, IONQ down over 6%.Rare Earth stocks sank with USA Rare Earth down 10%; NioCorp dow...Tiger News
Thu, Oct 16
Alphabet Stock Jumps 2% to Record High as Google Unveils Veo 3.1 to Rival OpenAI's Sora 2
Google released Veo 3.1 today, an updated version of its AI video generator that adds audio across all features and introduces new editing capabilities designed to give creators more control over their clips.Shares of Alphabet rose 1.8% on the news.The announcement comes as OpenAI's competing Sora 2...Tiger News
Thu, Oct 16
Nestlé Posts Largest Single-Day Surge Since 2008, Q3 Sales Surpass Expectations, Plans to Cut 16,000 Jobs
TradingKey - Food industry giant Nestlé announced on Thursday better-than-expected financial results and a plan to cut 16,000 jobs over the next two years, representing about 6% of its workforce.TradingKey
Thu, Oct 16
HPE Forecast Misses as AI Chip Costs Squeeze Margins; Shares Slide Over 8% Pre-Market
TradingKey - On Wednesday (local time), Hewlett Packard Enterprise (HPE.US) issued its financial outlook for the new fiscal year that fell short of market expectations, citing high costs from AI servers and integration expenses. Following the announcement, HPE shares slide over 8% pre-market
TradingKey
Thu, Oct 16
Pre-Bell｜US Stock Futures Gain; TSMC Advances 2%; Micron Up 4%; Snowflake, Salesforce Jump 6% Each; NIO Tumbles 7%
U.S. stock index futures rose on Thursday, boosted by strong quarterly update from TSMC that reinforced investor optimism around AI, extending a rally in chip stocks in the previous sessions.Market SnapshotAt 7:50 a.m. ET, Dow e-minis were up 127 points, or 0.27%, S&P 500 E-minis were up 26 points, ...Tiger News
Thu, Oct 16
Tesla Q3 Preview: Can Record Deliveries Boost Performance?
Tesla will release its Q3 2025 results after market close on Wednesday, Oct 22.Tesla's Q3 revenue is expected to be $26.265 billion, adjusted net income will be $1.903 billion, and adjusted EPS will be $0.526, according to Bloomberg's consistent expectations.Previous Quarter ReviewTesla posted secon...Tiger News
Thu, Oct 16
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