May 2024 - Page 42 of 270 -

What’s In The Cards For Nasdaq ETFs?

May 27, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayThe tech-heavy Nasdaq Composite Index hit a record high in the last trading session, marking a five-week win streak. Solid corporate earnings and rate cut bets have been driving the stocks higher. In particular, blockbuster NVIDIA’s earnings spread huge optimism into the stock market last week and bolstered optimism over the global artificial intelligence […]

NZD/USD Rises To Highs Since March, Market Await Drivers

May 27, 2024 Jeremy Parkinson Finance 0

Photo by Thomas Coker on Unsplash NZD/USD buyers advanced and pushed the pair to levels last seen in March at around 0.6148. May’s ANZ business survey will be Tuesday’s highlight on the NZ side. Across the Pacific, markets await GDP, PCE, and Fed Beige book to gather additional data on the US economic health. The NZD/USD pair traded […]

AUD/USD Extends Recovery As Greenback Falters With Aussie Retail Sales In The Barrel

May 27, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash AUD/USD pushes for a second day of recovery after near-term rebound. Australian Retail Sales on the offer early Tuesday. US long weekend holiday leaves Monday volumes thin. AUD/USD found some room on the high side on Monday after US markets dark for the Memorial Day holiday left the Greenback on the low side, […]

Gold: Correction Or Consolidation – Monday, May 28

May 27, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayIn today’s short video, I’m going to take a look at metals. They’re still doing more or less what I expected. First off, I’ve been pretty adamant that at some point the cartel would be defeated, and we wouldn’t have to worry about that anymore.Video Length: 00:07:46More By This Author:Too Early For The Bubble […]

Shima Capital bets on WOJAK, TRUMP, and three other meme coins

May 27, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Venture capital (VC) fund Shima Capital accumulated five different meme coins on Monday, according to on-chain data firm Nansen. The VC made bets on Ethereum-based meme coins MAGA, TRUMP, WOJAK, DEGEN, and ANDY. At the time of writing, four out of five of their positions are resulting in unrealized losses.Shima’s highest bet was the DEGEN […]

Current Analysis: Allianz SE

May 27, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayAllianz (ALIZY) was founded as a transport and accident insurance firm in 1890 by Carl von Thieme and Wilhelm von Finck, the founders of Munich Re. It took the company five years to expand the business into Europe and North America and subsequently listed in Berlin.After World War I, individuals were confronted with the […]

Gold Price Stays Strong Yet Hovers At Around $2,350

May 27, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Gold price rises close to 1% after bouncing off two-week low of $2,325. Strong US economic data dampens hopes for Fed easing, pressured Gold prices last week. Fed officials indicate longer timeline to achieve 2% inflation target, impacting Gold’s appeal. Upcoming US PCE Price Index anticipated to report a core increase of 2.8% […]

Market Signals For The U.S. Stock Market And Indian Stock Market – Monday, May 28

May 27, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashThe S&P 500 was unchanged and the Nifty rose last week. Indicators are bearish for the week. Markets are at resistance near all-time highs. We are transitioning from an inflationary regime to a deflationary collapse. The markets are hitting resistance and risk-reward is poor at these levels. The Nifty is near resistance and will likely underperform.The past week saw US equity […]

AI Arms Race: China’s $47 Billion Semiconductor Fund, Musk’s XAI Secures Funding

May 27, 2024 Jeremy Parkinson Finance 0

Image courtesy of 123rf.com China’s state-owned “Big Fund” spearheaded the effort to bolster the country’s chip-making capabilities amidst intensifying technology competition with the United States. The third phase of the fund doubled the amounts raised in previous years raising over $47 billion, with the Chinese Ministry of Finance being the largest investor.This move shows China’s determination to achieve […]

Grocery Stocks: A Stable Choice For Uncertain Times

May 27, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Investing in grocery stocks offers a unique opportunity for those looking to build a resilient and diversified portfolio. The history of grocery stocks dates back to the inception of modern stock exchanges in the seventeenth century, and the industry has undergone significant transformations over the decades. From the rise of discount retailers to […]