October 2024 - Page 111 of 244 -

China’s 3Q GDP Beat Should Keep Growth Target In Striking Distance

Oct 18, 2024 Jeremy Parkinson Finance 0

Source: ShutterstockChina’s activity monitor China’s third quarter GDP growth edged down but beat forecasts China’s GDP growth slowed in the third quarter, decelerating to 4.6% YoY from 4.7% YoY, but fared better than both our and consensus forecasts, in part due to a stronger-than-expected rebound of September data. The GDP deflator continued to be quite supportive […]

Tech Sector Powering Nasdaq Once More

Oct 18, 2024 Jeremy Parkinson Finance 0

Stocks are a mixed bag to end the week. The Dow Jones Industrial Average (DJI) is cooling off from yesterday’s record highs, down triple digits at its session lows. The S&P 500 Index (SPX), is cautiously higher, while Netflix (NFLX) and the tech sector are sending the Nasdaq Composite (IXIC) toward a third-straight win. Despite today’s choppiness, […]

Bitcoin set to hit six figures amid growing whale accumulation and supply constraints: Bitwise CIO

Oct 18, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Bitcoin’s potential to reach six-figure prices is supported by increased whale accumulation and ETF demand, among other factors. Institutional investments in Bitcoin are growing rapidly, with US Bitcoin ETFs logging over $20 billion in less than ten months. Share this article Bitwise CIO Matt Hougan predicts that Bitcoin will reach six-figure prices as […]

3 Shareholder Yield Stocks For Growth And Dividends

Oct 18, 2024 Jeremy Parkinson Finance, No picture 0

Dividends are the most common method that a company can use to return capital to shareholders. However, there are additional ways for companies to create value for shareholders. In addition to dividends, share repurchases are also an important part of a healthy capital return program. Also, debt reduction should be welcomed by investors as paying down […]

What’s Wrong With Silver? Nothing Silver Supply and Demand — Market Deficits Reasons to Be Bullish on Silver What Is the Mainstream Missing?

Oct 18, 2024 Jeremy Parkinson Finance 0

What’s wrong with silver? I hear this question a lot. After all, while gold continues to hit new record highs, seemingly on a weekly basis, silver is still well below its all-time high. Meanwhile, the gold-silver ratio remains mired above 80-1, signaling that silver is historically underpriced compared to gold.So, what’s wrong with silver?The short answer is nothing. In […]

Elliott Wave Technical Analysis: McDonald’s Corp. – Friday, Oct. 18

Oct 18, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay MCD Elliott Wave Analysis Trading LoungeMcDonald’s Corp., (MCD) Daily ChartMCD Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave 1 of (1).DIRECTION: Upside 1.DETAILS: Looking at upside thrust after the bottom in a long lasting correction in Primary wave 4.McDonald’s Corp., (MCD)1H ChartMCD Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave {iii} of 1.DIRECTION: Top in wave {iii}.DETAILS: […]

Believe It Or Not, The Euphoria In The Precious Metals Market Is Still Too Low

Oct 18, 2024 Jeremy Parkinson Finance 0

In our analyses, we regularly examine current movements, identify possible influencing factors, and assess the general market situation. However, these are not recommendations, but merely opinions and food for thought.The Gold price is currently reaching a new all-time high almost every day. Even adjusted for inflation, the breakout has already been realized. Adjusted for inflation […]

AI Unicorns: Hugging Face’s Successful Pivot Away From Teenage Chatbot Engine

Oct 18, 2024 Jeremy Parkinson Finance 0

Photo Credit: laomi lv from Pixabay According to a recent report, the global Machine Learning Operations (MLOps) market is expected to grow at 44% CAGR to reach $13.3 billion by 2030 from $720 million in 2022. MLOps vendors perform activities that range from supporting model training, testing and validation, deployment, automated model validation, and continuous delivery and deployment. Hugging Face’s […]

Sensex Today Ends 218 Points Higher; Nifty Above 24,800

Oct 18, 2024 Jeremy Parkinson Finance 0

After opening the day lower, Indian benchmark indices reversed the trend as the session progressed and ended the day on a positive note.Benchmark indices Sensex and Nifty 50 recovered from early losses to trade in the green on Friday on value purchase after the recent fall. Bank stocks and index heavy-weight Reliance helped Sensex recover […]

AI Can Cure Baumol’s Cost Disease – But Only If We Want It To

Oct 18, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Some sectors of the economy have costs that rise faster than in other sectors. This simple insight and its implications lead to concern about the cost of government services as well as the survival of the arts. Artificial intelligence is one tool that can help us overcome the problem.The economist William Baumol is […]