GameStop Corp. shares surged as speculation swirled around a return to social media by Keith Gill, who drove the meme-stock mania of 2021 under the moniker “Roaring Kitty.” The account’s post on X showed a man leaning forward with what looked like a gaming controller, which some traders interpreted to mean that Gill is coming back into action.
Open FlipGold prices were flat on Tuesday, as investors awaited key U.S. inflation data that could provide more clues on the Federal Reserve's policy path. Spot gold was steady at $2,335.93 per ounce, as of 0052 GMT. Bullion prices fell 1% on Monday. U.S. gold futures fell 0.1% to $2,341.60. Markets' focus this week will be on the U.S. Producer Price Index (PPI) data on Tuesday.
Open FlipHindalco on Monday, May 14, said its fully-owned subsidiary Novelis Inc has filed its registration statement on Form F-1 with the Securities Exchange Commission regarding its proposed initial public offering (IPO). Novelis will be listing its common shares on the New York Stock Exchange, it said. The number of shares to be offered and the price range for the same have not yet been determined.
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