Hurray, China Is Buying Gold Again
Image Source: Pixabay Hurray, China is buying Gold again! The announcement by the People’s Bank of China (PBoC) is likely to have delighted the Goldbugs. We are also Goldbugs. But we are also investors who want to make successful investments first and foremost. Therefore, this week we will take a brief look behind the scenes to […]
Stocks Slide As Investors Brace For Inflation Data
Stocks continued their sluggish price action today, with all three major indexes finishing modestly lower. The Dow logged its fourth-straight triple-digit loss as the tech sector continued to churn, with software stalwart Oracle (ORCL) a latest culprit. Wall Streetow braces for November’s consumer price index (CPI) due out tomorrow morning, just as the Cboe Volatility Index logs […]
Consumer Debt Surged In October
After two months of keeping their credit cards in their wallets, American consumers pulled out the plastic again in October.A surge in card spending drove consumer debt higher by $19.2 billion, a 4.5 percent increase, according to the most recent data from the Federal Reserve. The increase in debt was nearly double expectations.It was the biggest […]
Asian Stock – China Resources Sanjiu Medical & Pharmaceutical
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 […]
Gold And Silver Recover From Post Trump Election Selloff
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
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
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
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?
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 […]
FTSE In The Red As Copper Price Pressure Miners
The FTSE 100 index in the UK declined on Tuesday as mining stocks dropped, and Ashtead’s shares fell after the company cautioned about lower-than-anticipated annual profits and announced plans to shift its primary listing from London to New York. The blue-chip FTSE 100 decreased by 0.5%, while the midcap FTSE 250 is also in the […]
