Gold Prices Reach Record Levels, Targeting $2,800/oz
Image Source: Pixabay Gold prices hit fresh record highs on Friday as the yellow metal notched up sharp gains on the back of a weak dollar. A weakened dollar makes commodities priced in the greenback cheaper for overseas buyers, thereby lifting demand. “This is yet another example of gold’s current resilience,” said David Morrison, senior market analyst at […]
SoftBank: Boom Or Bust?
In 2022, I posted several articles on SoftBank’s (SFTBY) reckless business investments and failures, which can be found at this link.I’m not convinced that their new AI partnership with “Stargate” members will prove to be any more profitable for them than those, which were not…or that their investment will be any more wise than the others, which were not.Time will tell.Source: ZeroHedgeOverlayed […]
For The Full Year, 2024 Existing-Home Sales Lowest In Nearly 30 Years
No MomentumExisting-home sales fell 0.7% in 2024 from the prior year to 4.06 million, the National Association of Realtors said Friday.In contrast to the perpetual optimism of Lawrence Yun, the National Association of Relators chief economist, John Burns Research & Consulting has a Different Home Sales Outlook as noted by the Wall Street Journal. High costs related […]
Consumer Sentiment Dips In January, As Worries About Inflation And Employment Persist
The University of Michigan consumer sentiment data for January was revised lower this morning, from 73.2 to 71.1. Well below the historical average of 84.7 (orange line), now for the 43rd straight month and below last months reading of 74 as well. This was the first monthly decline in sentiment after five straight months of […]
Sales, Prices, And Inventory In Existing Home Market All Up YoY In December
There was some tepid good news as to existing home sales in December, which have been flat in the general range of 3.85 -4.10 million annualized for almost two years. Three months ago they made a 10+ year record low of 3.83 million. They have increased in each month since, and in December they rose […]
AI Drug Discovery Startups: Valo Health Remains Committed To AI For Drug Discovery
Photo Credit: Miroslaw Miras from Pixabay Lexington-based Valo Health is one of the pioneering players in the AI-drug discovery market. Set up in 2019 as part of Flagship Pioneering’s initiatives, Valo has had quite a roller coaster ride so far. Valo Health’s Offerings Valo was founded by David Berry when he was a general partner at Flagship Pioneering. Initially […]
Stocks Stymied Just Below Record Highs
Stocks are sluggish to end an otherwise outstanding week on Wall Street. The S&P 500 Index (SPX) nabbed another intraday record high, but is flat at last glance. The Dow Jones Industrial Average (DJI) and Nasdaq Composite Index (IXIC) are both marginally in the red midday, with four-day win streaks in jeopardy, the tech-heavy latter stalling […]
Twilio Stock Nears 52-Week High With 11% Revenue Growth In Q4 2024
Image courtesy of 123rf.com Twilio Inc. (Nasdaq: TWLO) has captured the attention of investors and analysts alike, as the company’s stock has experienced a notable increase, driven by its promising advancements in artificial intelligence and strategic financial initiatives. Analysts have been particularly enthusiastic about Twilio’s potential in AI, which is expected to significantly enhance the company’s profitability and […]
Elliott Wave Technical Analysis: Mineral Resources Limited
ASX: MINERAL RESOURCES LIMITED (MIN) Elliott Wave Technical Analysis – TradingLoungeGreetings, Today’s Elliott Wave analysis offers an updated perspective on MINERAL RESOURCES LIMITED (MIN) listed on the Australian Stock Exchange (ASX).We observe significant upside potential in ASX:MIN, and this analysis provides valuable insights, including optimal entry points, bullish trend confirmations, and key price levels. These details help traders track the trend […]
The Home Depot, Inc. (HD) DCF Valuation: Is The Stock Undervalued?
As part of a new series, each week we typically conduct a DCF on one of the companies in our screens. This week we thought we’d take a look at one of the stocks that is not currently in our screens, The Home Depot, Inc. (HD). ProfileThe Home Depot, Inc. operates as a home improvement retailer in […]
