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Archives by Year:
Wall Street Secures Weekly Win Despite Shaky Session
Wall Street was a mixed bag today as rate-cut optimism wore off, though all three major indexes still scored their second consecutive winning week. The Dow rallied in the final hour of trading to score a solid win and staying above the key 42,000 level. The S&P 500 and Nasdaq finished the session just below breakeven, while the […]
India Reports Record Gold Imports In August
India reported record gold imports in August after the country slashed its import duty the month before.India ranks as the world’s second-largest gold consumer behind China.In July, the Indian government cut taxes on gold and silver imports by more than half, lowering duties from 15 percent to 6 percent. The domestic gold price fell 6 […]
Rivian Stock: EV Maker’s Shares Slip Despite Fed’s Rate Cut
Image Source: Pexels Rivian Automotive Inc. (Nasdaq: RIVN) saw its shares drop by 7.5% to $12.17 during Friday’s trading session, reflecting a broader market pullback after a recent rally.The decline comes on the heels of the Federal Reserve’s unexpected decision to cut interest rates, marking the first reduction in over four years.This move had initially buoyed […]
Utilities Reacting To Reactor News
Although the S&P 500 finished in the red on the day, there is one sector reaching fresh 52-week highs: Utilities.The Utes are one of only two sectors higher today (the other being Communication Services), and its leadership is by a wide margin. Whereas Communication Services is only up 0.17%, the Utilities sector is flying with […]
Weekly Recap And DARP Update – Friday, Sep.20
Image Source: Pexels Alhambra CEO reviews market events of the week with thoughts on Fed rate cut.Video Length: 00:11:26More By This Author:The Fed Cuts RatesIs The Dollar Strong Or Weak? Leading Economic Indicators Not Working
Interest Rates Are Set To Fall Again, But For How Long And By How Much?
Whenever three-month US Treasury notes trade higher than 10-year US Treasuries, the interest rate cycle is near a top. This time, the market had to wait longer than usual, but the indication was confirmed again… The Fed reduced the Fed fund rate by 50 basis points and indicated that another 50 basis points are possible […]
Intel Shares Soar On Report Of Qualcomm Takeover Interest
Image Source: Pexels Intel (INTC) shares surged 6% in late afternoon trading (now halted) after a Wall Street Journal report revealed that Qualcomm (QCOM) had approached the struggling chipmaker earlier this week to discuss a potential acquisition. Here’s more from WSJ’s reporting, citing people familiar with the talks: A deal is far from certain, the people cautioned. Even if […]
Neiro Price Prediction – Is First Neiro On Ethereum The Next Dogecoin?
Image Source: Pexels First Neiro On Ethereum remains one of the hottest commodities in the meme coin market, following its surprising Binance Spot and Futures listings. The NEIRO price has already printed 3000% growth since the listings,with the meme coin soaring from a market cap of just $14 million to $420 million. While NEIRO is in the midst […]
Even After Post-Fed Selloff, Gold Still Reaches New All Time High
Image Source: Pixabay Hey, did you hear about gold smashing through $2,600? Crazy, right? But here’s the kicker – remember good ol’ “Mr. Slammy” who always tries to keep prices down?Well, he just fell flat on his face this time. Rafi’s breaking it all down, and trust me, you’re gonna want to hear what he says […]
The 2024 Utility Decarbonization Index
Electric utilities and the power sector in the U.S. are crucial for averting climate change, especially as electricity demand rises. But how do the nation’s largest electricity producers compare on the necessity of decarbonization?In partnership with the National Public Utilities Council, we present the 2024 edition of our Annual Utility Decarbonization Index. The index uses the latest available […]
