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Silver Price Forecast: XAG/USD Stays Firm Above $29 Amid Firm Fed Rate-Cut Hopes

Silver Price Forecast: XAG/USD Stays Firm Above $29 Amid Firm Fed Rate-Cut Hopes

Image Source: Pixabay Silver price (XAG/USD) gains ground above the crucial support of $29.00 in Wednesday’s New York session. The white metal finds buyers amid growing speculation that the Federal Reserve (Fed) will start reducing interest rates from the September meeting.The expectations for the Fed to begin unwinding its restrictive monetary policy framework rise due to a higher-than-expected United States […]
Bristol-Myers Squibb Stock Price Forecast: Is The Downtrend Finally Over?

Bristol-Myers Squibb Stock Price Forecast: Is The Downtrend Finally Over?

Image Source: Pixabay Shares of Bristol-Myers Squibb Co (NYSE: BMY) have had a tumultuous journey since reaching its all-time high above $80 in December 2022.The stock has plummeted by over 50% and now trades in the low $40s, reflecting a period of significant challenges and investor skepticism. Recent developments and FDA approvals Bristol-Myers has been active […]
Meta Platforms Inc. Chart Analysis

Meta Platforms Inc. Chart Analysis

Image Source: Pixabay Bob Lang gives a technical analysis of the stock chart for META.Video Length: 00:02:28More By This Author:Low Market Volatility Can Be Dangerous Microsoft Corporation Chart Analysis Improve Your Trading Performance
Ranked: The 20 Top Retailers Worldwide, By Revenue

Ranked: The 20 Top Retailers Worldwide, By Revenue

The global retail landscape is constantly evolving, driven by shifting consumer habits and the growing dominance of online sales.Despite the rise of e-commerce, many of the top retailers worldwide generate the bulk of their sales in physical stores. However, as customers prioritize convenience and a wider selection of goods, e-commerce giants are capturing an increasing […]
Kraken claims it is being ‘extorted’ as white hat hacker demands reward after $3M theft

Kraken claims it is being ‘extorted’ as white hat hacker demands reward after $3M theft

US-based crypto exchange Kraken has disclosed that it is being “extorted” by a self-proclaimed security researcher who exploited a critical bug from their platform to steal $3 million worth of digital assets. The researcher reported the bug on June 9 but used it to withdraw funds from Kraken’s treasury rather than safeguarding them.Nick Percoco, Kraken’s […]
The Eurozone Returns To Fiscal Prudency

The Eurozone Returns To Fiscal Prudency

The just-announced start of Excessive Deficit Procedures for five eurozone countries – including France and Italy – and two non-eurozone countries does not only illustrate the return of fiscal discipline but could also once again test political cohesion in the monetary union.Image Source: Pixabay The budget discipline holiday in Europe is over. While apparently the European Commission didn’t want to […]
Gold And Silver Are Likely To Feel Another Hooray Before The Summer Vacations

Gold And Silver Are Likely To Feel Another Hooray Before The Summer Vacations

The chart with the 405-day cycle should not really please the Gold bugs. But a downward cycle in the second half of the year does not necessarily mean that all the gains from the first half have to be lost again… just remember Summer 2023… And the most important question will only be answered at […]
Why Meta Is A Dark Horse In The Current AI Market Cycle

Why Meta Is A Dark Horse In The Current AI Market Cycle

Image courtesy of 123rf.com Meta Platforms, Inc. (Nasdaq: META) stock has experienced volatility following its Q1 2024 earnings report, but several factors suggest the social media giant is well-positioned for future growth. The company’s strong financial performance, strategic investments in cutting-edge technologies, and recent shareholder-friendly initiatives have created a compelling case for investors looking to capitalize on the […]
EUR/USD Price Analysis: Weak Retail Sales Weigh On Dollar

EUR/USD Price Analysis: Weak Retail Sales Weigh On Dollar

The EUR/USD price analysis shows a slow rebound as the dollar remains fragile after weaker-than-expected retail sales figures. Meanwhile, the euro remained vulnerable amid political uncertainty and policy divergence between the ECB and the Fed.The greenback fell on Tuesday after US retail sales data showed weaker-than-expected consumer spending in May. Sales only increased by 0.1% […]
ZachXBT exposes TrumpCoin creator as ‘Pharma Bro’ Martin Shkreli

ZachXBT exposes TrumpCoin creator as ‘Pharma Bro’ Martin Shkreli

The real identity of the TrumpCoin (DJT) deployer is Martin Shkreli, sentenced in 2018 to seven years in prison for committing securities fraud and securities fraud conspiracy, as revealed yesterday by blockchain sleuth ZachXBT. As reported by Crypto Briefing, the DJT token was attributed to US presidential candidate Donald Trump.On-chain data platform Arkham Intelligence offered […]