May 2024 - Page 13 of 270 -

Trump meme coins down as NY jury finds former president guilty of felony charges

May 30, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

A New York jury found Donald Trump guilty on all 34 counts of falsifying business records to conceal a hush-money payment to adult-film actress Stormy Daniels just before the 2016 election. This verdict makes Trump the first former US president to be convicted of crimes as he faces current US President Joe Biden in November […]

The Gold Rally Of 2024: Sanctions Make Forecasts Hard

May 30, 2024 Jeremy Parkinson Finance 0

data courtesy MeasuringWorth.com DR. BILL CONERLY BASED ON DATA FROM MEASURINGWORTH.COMThe price of gold has surged since February 2024, up about 16% over the past three months. But a three-month rally does not necessarily presage continued increases, nor does it justify by itself a long-run investment strategy. That said, the rally isn’t necessarily over. In […]

Q1 2024 U.S. Retail Scorecard – Thursday, May 30

May 30, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash To date, 176 of the 201 companies in our Retail/Restaurant Index have reported their EPS results for Q1 2024, representing 88% of the index. Of those companies that have reported their quarterly results, 73% announced profits that beat analysts’ expectations, while 1% delivered on-target results and 26% reported earnings that fell below estimates. […]

ConocoPhillips To Buy Marathon Oil: Energy ETFs To Gain

May 30, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Amid the ongoing wave of consolidation in the U.S. oil and gas industry, ConocoPhillips (COP – Free Report) has agreed to acquire Marathon Oil (MRO – Free Report) in an all-stock deal worth $22.5 billion, including $5.4 billion in debt.Investors seeking to tap the opportunity arising from the projected deal could bet on ETFs like iShares U.S. Oil […]

Asia Week Ahead: RBI Likely To Pause While China’s Exports Rise

May 30, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay A busy week ahead for Asia should see the Reserve Bank of India pausing alongside trade data set for release in China, Taiwan, and South Korea. The focus also shifts to Australia’s GDP report, Japan’s labor cash earnings, and inflation out from Taiwan, Indonesia, and the Philippines. RBI likely to stand patThe Reserve Bank of India (RBI) […]

Grain Markets Continue To Retreat As We Approach The Last Trading Day Of The Month

May 30, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Grain markets were weaker yet again in today’s trade, taking corn prices back to where we were at the start of the month. Will grains be able to hold a rally in June?Video Length: 00:04:35More By This Author:Gold/Silver: Was That The Bottom? (Levels To Watch)Bitcoin Halving Event This Weekend, Here’s What To KnowWeaker […]

Why Bitcoin’s adoption of Ordinals and BRC-20 is saving it from irrelevance

May 30, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Nic Carter from Castle Island Ventures and Elizabeth Olson, an Ordinals educator, discussed how the adoption of Ordinals and BRC-20 is saving Bitcoin from irrelevance in a recent panel titled “Bitcoin Renaissance” at Consensus, which took place today. “I would actually argue to say that Ordinals and these fungible token standards, like runes, these are […]

Stocks And Precious Metals Charts – PCE Inflation Data Tomorrow

May 30, 2024 Jeremy Parkinson Finance 0

Stocks were sagging today as the markets squared up for the end of the month, and the PCE inflation data is coming out tomorrow morning.This may move the markets, although the punters seem to be taking the Fed’s jawboning a little more seriously.VIX opened higher again but faded a bit as the day wore on.Stocks […]

Silver Volatility, Short Squeeze, And Price Forecasts

May 30, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Jeff Christian, Managing Partner at the CPM Group joins us to focus on the recent volatility in silver.The discussion covers a broad spectrum of factors influencing silver prices, including technical momentum, investor demand, and industrial applications. Jeff explains the erratic price movements observed in 2023, noting that silver prices have fluctuated significantly due […]

What Awaits Hewlett Packard Enterprise In Q2 Earnings?

May 30, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Hewlett Packard Enterprise (HPE – Free Report) is slated to report second-quarter fiscal 2024 results, after market close, on June 4.For the fiscal second quarter, Hewlett Packard Enterprise projects non-GAAP earnings per share between 36 cents and 41 cents. The Zacks Consensus Estimate for earnings is pegged at 38 cents, indicating a year-over-year decline of 26.9%.HPE expects […]