Market Movers: Softbank’s AI Bet, Gold’s Ascent, and Geopolitical Tensions
Key TakeawaysSoftbank (SFTBY) is making a significant strategic pivot, committing an additional 9.17 billion in T-Mobile (TMUS) shares.Gold prices surged to a near three-week high, trading between 4,149.06 per ounce, driven by growing expectations of a U.S. Federal Reserve rate cut in December and an anticipated end to the U.S. government shutdown.Iran's Deputy Foreign Minister Saeed Khatibzadeh reiterated the nation's st ...