October 2024 - Page 2 of 244 -

Australian Dollar Declines After US Data And Aussie Retail Sales

Oct 31, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash US PCE Prices Index remained steady in September, as well as the core measure. US jobless claims fell to 216K in the week of October 25. Retail Sales in Australia grew in September slightly below expectations. The AUD/USD declined by 0.45% to 0.6545 in Thursday’s session, remaining near an 11-week low of 0.6540 […]

Altcoin season unlikely before 2025, says crypto analyst Benjamin Cowen

Oct 31, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Bitcoin’s market dominance has reached 60%, suggesting altcoins may not rally until 2025. Altcoin rallies historically follow strong Bitcoin rallies, but a parabolic Bitcoin run is needed for this. Share this article Benjamin Cowen, predicts that a full-fledged altcoin season may not materialize until 2025, attributing this to the current strength in Bitcoin […]

Mapped: Which Countries Are Most Prepared For AI?

Oct 31, 2024 Jeremy Parkinson Finance 0

Artificial intelligence is set to dramatically transform the global economy, revolutionizing everything from labor markets to digital infrastructure and supply chains.According to the International Monetary Fund (IMF), almost 40% of global employment is exposed to AI, with certain industries more exposed to AI-driven automation than others.This map visualizes the top 10 countries most prepared for AI, according […]

What Makes A Stable Coin Stable?

Oct 31, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels The early growth of Bitcoin and the cryptocurrency space was originally stimulated by the mistrust of centralized control of monetary policy and financial institutions. While Bitcoin is a fiat currency, in the sense that it is not ‘backed’ by anything and has value only because other people believe it has value, the rules […]

Stocks And Precious Metals Charts – Happy Halloween

Oct 31, 2024 Jeremy Parkinson Finance 0

The Street was not happy with the earnings reports from some of the technocracy last night.And the disappoint with the economic data this morning seems to have been profound.Stocks were sold –hard.Gold and silver were hammered.VIX rose.The Dollar initially rallied sharply, but then finally sold off into the close.Non-Farm Payrolls tomorrow, isn’t it?Happy Halloween.Have a […]

Amazon Surpasses Q3 Earnings And Revenue Estimates

Oct 31, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Amazon (AMZN – Free Report) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25.44%. A quarter ago, it was expected […]

The PMC Ounce: A Diversified, Cost-Efficient Strategy For (Palladium) Precious Metals Investment

Oct 31, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The Precious Metals Composite (PMC) ounce is crafted to seek a better risk-adjusted return than any single precious metal alone, offering reduced volatility and a stable return profile. Each PMC ounce combines the strategic metals composition of:Gold: 3.5% – Silver: 93.75% – Platinum: 1% – Palladium: 1.75%This blend is designed to balance the […]

Outlook On Price Of Gold: 30% Downside A Blessing In Disguise?

Oct 31, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Gold Price Offers Massive Upside & Low Downside Risk Investing 101: Look at the upside and downside risk of an investment. If there’s more upside potential and low downside risk, then it’s a great potential investment.Gold right now presents that kind of opportunity. The price of gold has massive upside potential and low […]

Apple Slides After Missing On Wearables, China And Service Revenues: “Another Disappointing Quarter”

Oct 31, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Ahead of earnings, UBS had Apple sentiment at a relatively subdued 6/10. That’s because despite AI enthusiasm following Apple’s WWDC event over the summer, UBS analyst David Vogt’s checks and other ancedotal evidence indicated iPhone unit sell-through in the Sept quarter was effectively flattish year over year at around 46 mn versus global […]

Stocks Going Ex Dividend In November 2024

Oct 31, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The following is a short list of some of the many stocks going ex-dividend during the next month, which can be helpful for traders and investors interested in the stock trading technique known as “Buying Dividends” or “Dividend Capture”. This strategy involves purchasing stocks before the ex dividend date and selling them shortly after the […]