2024 - Page 151 of 2348 -

Precious Metals Weekly Analysis

Dec 10, 2024 Jeremy Parkinson Finance, No picture 0

Gold prices rose last week from USD $2,643 to $2,697/oz, and silver increased from $31.50 to $32.60, driven primarily by geopolitical uncertainties following Assad’s departure from Syria, which boosted gold’s safe-haven appeal.Conversely, global gold ETFs saw $2.1 billion in outflows in November, with European ETFs accounting for most of the decline. The North American ETF […]

Ripple’s RLUSD stablecoin receives final NYDFS approval

Dec 10, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Ripple received final approval from NYDFS for its RLUSD stablecoin, a significant regulatory milestone. RLUSD will be backed by US dollar deposits, short-term US government treasuries, and other cash equivalents. Share this article Ripple has received final approval for its stablecoin, RLUSD, from the New York Department of Financial Services, as confirmed by […]

Asian Stock – China Resources Sanjiu Medical & Pharmaceutical

Dec 10, 2024 Jeremy Parkinson Finance 0

Company: China Resources Sanjiu Medical & Pharmaceutical Company LimitedBloomberg ticker: 000999 SZMarket cap: US$6,570mBackground: China Resources Sanjiu Medical & Pharmaceutical Company Limited manufactures and markets medicines. The Company develops and sells prescription drugs, Chinese medicines, and other related products. China Resources Sanjiu Medical & Pharmaceutical also provides logistics transportation services. World Class Benchmarking of China Resources Sanjiu Medical & Pharmaceutical […]

Kia Stock Price Analysis: Is It Insulated From South Korea’s Political Uncertainty?

Dec 10, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Causeway Capital Management remains bullish on Kia Corp (KRX: 000270) despite the ongoing political uncertainty.In fact, shares of the automotive giant are its largest active South Korean holding at writing.President Yoon Suk Yeol declared an emergency martial law in South Korea last week that the country’s lawmaker voted to overturn within a matter of hours.While […]

Crypto Market Hit Hard With $1.7 Billion Liquidated, Largest Event Since 2021

Dec 10, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The broader crypto market experienced a major crash on December 9. While the Bitcoin price dropped from $101,109 to as low as $94,150, marking a -7% decline, the altcoin market suffered significantly more severe losses. Ethereum fell by as much as -12% at one point, XRP by -22%, Solana by -15%, Cardano by […]

Gold And Silver Recover From Post Trump Election Selloff

Dec 10, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Gold and silver prices started selling off after it became clear that Trump was going to win the election. Although just a few weeks later both markets have recovered in the midst of more geopolitical tension and the indication of more easing from China.Not to mention the soon to be treasury secretary talking […]

Cloud Stocks: Veeva Accelerates AI Initiatives

Dec 10, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Veeva’s (NYSE: VEEV) recently announced quarterly results continue to impress the market. Veeva is adding AI capabilities to several of its offerings as it continues to successfully migrate its customers over to Vault CRM. Veeva’s Financials Veeva’s second quarter revenues grew 13% to $699.2 million, ahead of the Street’s forecast of $684.4 million. […]

BTC Report: Market Cap Remains Strong At $1.9 Trillion Amid Price Volatility

Dec 10, 2024 Jeremy Parkinson Finance 0

Image courtesy of 123rf.com Bitcoin (BTC) continues to navigate the complexities of the financial markets, with the flagship cryptocurrency facing price fluctuations and being intertwined with various global economic and political events. This article delves into the latest market movements and noteworthy news shaping the landscape of Bitcoin and its related technologies. Bitcoin’s Market Cap. Stands […]

Why Quantum Computing Will Dominate 2025 Markets

Dec 10, 2024 Jeremy Parkinson Finance 0

You’re going to be hearing a LOT about quantum computing in 2025.Quantum computing is a type of computing based on quantum mechanics. Experts believe it to be the next generation in computing. It is highly complicated and capable of handling problems that traditional computers cannot. And by the look of things, it’s going to be the […]

Efficient Market?

Dec 10, 2024 Jeremy Parkinson Finance 0

Shares of Alphabet (GOOGL) are trading up over 4% this morning, and outside of an earnings report, it would be the largest upside gap for the stock since March. This morning’s gap higher is also poised to take out short-term resistance from the post-election highs, putting the stock at its highest level since mid-July. So […]