Category Archive: Finance, No picture
FTSE Posts Gains As Manufacturer Outlook Points To Green Shoots
Image Source: Unsplash The FTSE 100 saw small increases in Thursday’s trade as worries about inflation and geopolitics were overcome by a bullish outlook for the manufacturing sector. Bond yields in the U.K. increased as markets reduced expectations of interest rate cuts from the Bank of England amid higher-than-expected inflation. The Confederation of British Industry’s Industrial […]
S&P 500 At Pivotal Zone
Image Source: Unsplash S&P 500 at pivotal zone as Nvidia fails to meet lofty revenue expectations After the recent US presidential election, where Trump’s win gave a big boost to US stock markets, the S&P 500 has been consolidating – falling last week and being slightly higher so far this week. In other words, it has […]
Solana price hits $250 for the first time in three years amid SEC progress on Solana ETF applications
Key Takeaways Solana’s SOL token price surged to $250, nearing its all-time high amid SEC discussions with ETF issuers. The SEC has initiated talks with Solana ETF issuers like VanEck and 21Shares on S-1 forms. Share this article Solana’s SOL token surged to $250, its highest level since November 2021, on Thursday morning. The surge […]
MARA Holdings completes $1 billion debt offering to acquire more Bitcoin
Key Takeaways MARA Holdings successfully raised $980 million net through a $1 billion debt offering. Funds will be used for repurchasing existing notes and Bitcoin acquisitions. Share this article MARA Holdings said Thursday it had completed a $1 billion offering of zero-interest convertible senior notes. The majority of the net proceeds will be used to […]
Solana Price Rally: Can Bulls Push SOL Past $350 After Crossing $241?
Bitcoin’s historic ascent continues to dominate headlines as it soars to an all-time high of $98,024.This milestone pushed its market capitalisation to $1.91 trillion, reflecting a 4.74% jump in mere hours.Trading volume also surged 17.88%, reaching $88.38 billion in the last 24 hours.In parallel, US-listed Bitcoin ETFs surpassed $100 billion in total assets under management […]
Post-Election Markets: Inflation, Debt, And The Case For Precious Metals
In this week’s Money Metals Midweek Memo, host Mike Maharrey examines the post-election economic landscape following Donald Trump’s victory. He discusses how the financial markets have responded, the persistence of inflation, and the challenges of monetary policy. Maharrey also underscores the importance of precious metals as a hedge against economic instability, offering insights into what lies […]
Deere & Company Beats Expectations With Q4 FY’2024 Results
Image Source: Unsplash Deere & Company (NYSE: DE) reported a notable decline in its financial performance for the fourth quarter of fiscal 2024, reflecting the challenges faced in the current market environment.The company posted a net income of $1.245 billion, or $4.55 per share, which marks a significant decrease from the $2.369 billion, or $8.26 per share, reported […]
NZD/USD Under Pressure Amidst USD Strength
Image Source: Unsplash The NZD/USD pair is trading near 0.5879, experiencing volatility as the market awaits the upcoming Reserve Bank of New Zealand (RBNZ) meeting. Expectations are leaning towards a significant rate cut, with a 50-basis-point reduction considered the baseline scenario and a 25% probability of a more aggressive 75-basis-point cut.Adding to the uncertainty are pessimistic […]
Current Report: Patterson Companies Inc.
Image Source: Unsplash Patterson Companies (PDCO) is a distributor and wholesaler of consumable dental products and equipment. It operates through two business segments, (1) Patterson Dental, and (2) Patterson Animal Health.It generates maximum revenue from the Animal Health segment. Geographically, it derives its revenue from the United States, the United Kingdom, and Canada. The firm derives almost […]
Gold Trading Strategy Today – Thursday, Nov. 21
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: 00:06:37More By This Author:Gold Trading Strategy, XAUUSD Analysis & […]
