Gold prices steady, with data deluge to inform rate cut bets

Amazon is advancing its in-house AI coding tool, Kiro, as a preferred option over competitors, according to internal memos. This strategic push highlights the company's commitment to enhancing its AI capabilities amid a competitive landscape.

Hanwha Aerospace has acquired shares of NextDecade worth $4.49 million, marking a significant investment in the energy sector. This move reflects Hanwha's strategic interest in expanding its portfolio within the growing market for liquefied natural gas and related technologies.

Gold prices have edged higher, buoyed by expectations of potential interest rate cuts from the Federal Reserve, as indicated by recent dovish comments from central bankers, according to ANZ Research. This upward movement reflects a growing sentiment among investors seeking safe-haven assets amid economic uncertainty.

Wall Street futures remained steady following a rebound in technology stocks, with increasing expectations for a potential interest rate cut by the Federal Reserve in December. This optimism comes after a week marked by volatility and concerns regarding inflation and a possible tech bubble.

Finland has maintained its status as the happiest country in the world, despite facing increasing economic challenges and a deepening sense of gloom. The latest reports highlight a troubling economic outlook that contrasts sharply with the nation's happiness ranking.

Cisco Senior Vice President Wong has sold shares worth $748,586, a move that reflects personal financial decisions regarding his stake in the company. This transaction was reported by Investing.com and highlights ongoing activities among corporate executives in the tech sector.

Wu Naixi, the Chief Financial Officer of Indie Semiconductor, has sold $23,427 worth of stock, reflecting a personal financial decision. This transaction was reported by Investing.com and highlights the ongoing activities of executives in managing their stock holdings.

Farquhar Scott, a director at Atlassian Corporation, has sold $1.1 million worth of stock in the company, as reported by Investing.com. This transaction reflects Scott's financial decisions regarding his stake in Atlassian, which is known for its collaboration and productivity software.