October 2024 - Page 36 of 136 -

Rio Tinto Seasonal Surge Aligns With $6 7 Billion Bet On Lithium

Oct 15, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Rio Tinto recently announced its $6.7 billion acquisition of Arcadium Lithium Plc, positioning itself firmly in the lithium market—a vital mineral for electric vehicle (EV) batteries. This move is significant, considering China’s dominance in lithium production and refining, which accounts for 65% of the global refined lithium output. The acquisition comes at a […]

Gold, The Ancestor Of Writing

Oct 15, 2024 Jeremy Parkinson Finance 0

When did gold first appear? What role did it play in the emergence of civilizations?Gold occupies a central place in modern history and, more generally, in the history of mankind. Recent archaeological discoveries have challenged our understanding of the origins of gold in our societies. Gold seems to have appeared with the first cities, hence […]

Nvidia Nears All-Time High After Shaving Off 30%. Will It Continue Rallying?

Oct 15, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Nvidia stocks (NVDA) are really close to the new high mark, it will probably hit it soon because the company has recovered from a big fall it experienced at the start of the year. After a massive dip of nearly 30%, Nvidia earnings have showed a strong comeback. The shares price have to […]

Johnson & Johnson’s Medtech Segment Shines With Impressive Q3 Growth

Oct 15, 2024 Jeremy Parkinson Finance, No picture 0

Johnson & Johnson’s third-quarter performance exceeded expectations, with adjusted EPS of $2.42 against an expected $2.19.Johnson & Johnson (JNJ) reported a robust performance in the third quarter of 2024, demonstrating a 5.2% increase in reported sales, reaching $22.5 billion. The operational growth was slightly higher at 6.3%, showcasing the company’s resilience and adaptability in a competitive […]

GBP/USD Remains Below 1.3050 Following UK Labor Data

Oct 15, 2024 Jeremy Parkinson Finance, No picture 0

GBP/USD edges lower after registering gains in the previous two sessions, trading around 1.3040 during the Asian trading hours on Tuesday. The pair remains subdued following the mixed employment data release from the United Kingdom (UK).The UK ILO Unemployment Rate eased to 4.0% in the three months leading up to August, down from July’s 4.1% […]

Elliott Wave Technical Analysis: U.S. Dollar/Canadian Dollar – Tuesday, Oct. 15

Oct 15, 2024 Jeremy Parkinson Finance 0

Photo by Michelle Spollen on Unsplash USDCAD Elliott Wave Analysis Trading Lounge Day ChartU.S. Dollar / Canadian Dollar (USDCAD) Day ChartUSDCAD Elliott Wave Technical Analysis FUNCTION: Bullish Trend MODE: Impulsive STRUCTURE: Navy blue wave 1 POSITION: Gray wave 3 DIRECTION (Next Lower Degrees): Navy blue wave 2 DETAILS: Navy blue wave 1 of 3 is in play Wave Cancel Invalidation […]

Charted: The Speed At Which New Technologies Go Mainstream

Oct 15, 2024 Jeremy Parkinson Finance, No picture 0

Innovation cycles tend to build upon each other, reducing the time taken between each milestone.For example, the first wave of the Industrial Revolution took half a century, while later advancements like electrification occurred in just a few decades, and today’s digital innovations happen in just a few years.As a result, the mainstream adoption of new technology has […]

Gold Trading Strategy Today – Tuesday, Oct. 15

Oct 15, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:02:39More By This Author:Palladium Trading Strategy And XPDUSD Forecast […]

Sensex Today Trades Higher; Nifty Above 25,100

Oct 15, 2024 Jeremy Parkinson Finance 0

Shares in Asia climbed after another strong performance on Wall Street, with stocks hitting fresh record highs. Oil dropped as concerns eased about Israel attacking Iranian energy facilities.Benchmark indexes were up in Australia and Japan, and US futures advanced slightly.US stocks rose on Monday to add to their all-time high s, as investors focused on […]

USD/CAD Price Forecast: Moves Above 1.3800 Ahead Of Upper Boundary Of Ascending Channel

Oct 15, 2024 Jeremy Parkinson Finance 0

USD/CAD continues its upward momentum, extending the rally that began on October 2, trading near 1.3810 during early European hours on Tuesday. The daily chart shows the pair is trending higher within an ascending channel, reinforcing a bullish outlook.However, the 14-day Relative Strength Index (RSI) is above 70, signaling overbought conditions and suggesting a possible downward […]