Category Archive: Finance, No picture
Gold Price Extends Decline On Bullish US Dollar, Investors Brace For US PPI Data
Image Source: Unsplash The gold price trades with a negative bias in Friday’s Asian session. The firmer USD, expectation of a slower pace of Fed rate cuts, exert selling pressure on the Gold price. The US Retail Sales report for October will take center stage later on Friday. The Gold price (XAU/USD) struggles to gain ground around $2,570 […]
Australian Dollar Continues To Face Downward Pressure Following China Key Data
Image Source: Unsplash The Australian Dollar remains under downward pressure due to recent weak economic data. RBA Governor Bullock stated that current interest rates will remain unchanged until the bank gains confidence in the inflation outlook. Fed Chair Powell noted that US economy performance has been “remarkably good,” providing flexibility to ease interest rates gradually. The […]
Abbvie Stock Price Analysis – A Post-Humira Dip, New Drug Hopes, And Election Buzz – Is Now The Time To Buy?
Image Source: Unsplash AbbVie Stock Price Analysis AbbVie (ABBV) has long been a dominant player in the pharmaceutical sector, with a strong focus on immunology drugs like Humira, Skyrizi, and Rinvoq. However, with the loss of Humira’s exclusivity and a recent dip in stock value, many are questioning the future trajectory of AbbVie stock. There are multiple […]
Goldman Sachs holds $461 million in BlackRock’s IBIT, new filing reveals
Key Takeaways Goldman Sachs discloses an 83% boost in BlackRock Bitcoin ETF shares. The bank also expanded investments in other Bitcoin ETFs, including Fidelity’s Wise Origin and Grayscale’s Bitcoin Trust. Share this article Goldman Sachs has expanded its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) to 12.7 million shares valued at $461 million, which represents […]
Is This Home Improvement Giant A Buy Before Earnings?
Image Source: UnsplashThe 2024 Q3 earnings season is slowly winding down, with just a small chunk of S&P 500 members yet to reveal their quarterly results. The period has so far been positive, with earnings growth remaining positive on the back of a strong showing from Technology yet again.Below is a chart illustrating the overall earnings […]
Top Research Reports For JPMorgan, Philip Morris & Progressive
Image Source: UnsplashThe Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including JPMorgan Chase & Co. (JPM), Philip Morris International Inc. (PM) and The Progressive Corp. (PGR). These research reports have been hand-picked from roughly 70 reports published by our analyst […]
When Should You Sell Your Red-Hot Stock?
Image Source: Unsplash Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds, and ETFs and how it impacts your life.This week, Tracey is going solo to talk about when an investor, or a trader, should sell a stock. Investors Should Have a […]
Warren Buffett Selling Stocks
Image Source: Unsplash Berkshire Hathaway increasing cash on sales of Apple (AAPL) and Bank of America (BAC); raising $158 billion in cash this year.Video Length: 00:07:25More By This Author:Fed Missing The TargetSmall Stocks SurgingTrump Tariffs And Global Trade
Bitwise files to convert its 10 Crypto Index Fund into an ETP
Key Takeaways Bitwise plans to convert its Bitwise 10 Crypto Index Fund into an exchange-traded product. The Bitwise 10 Crypto Index Fund includes major assets like Bitcoin, Ethereum, and Solana. Share this article Bitwise Asset Management announced that NYSE Arca has filed to list the Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product.The […]
How The Trump Bump Could End In A Slump
Image Source: Unsplash We saw the markets take off like a shot in the wake of Trump’s decisive election victory last week.You’d think this reflects widespread optimism about the prospects for the U.S. economy. And you’d be right, more or less.But there’s another side to this, and it’s not making so many headlines right now.Trump and […]
