Cerebras poised to rejuvenate sluggish IPO market, despite looming risks
Cerebras could restart a stagnant IPO market, but clear risks abound You know the feeling. You turn the key, the engine hums, you’re about to hit the road…and then the car stops. That’s sort of what’s happened in 2024, as the scattered IPOs of companies like Reddit and Astera Labs inspired hope that IPOs were […]
Will a Port Strike Impact the Gas Industry? Insights from Experts and Federal Officials
Will port strike affect gas industry? Experts, feds weigh in Plenty of products may become hard to find amid the ongoing union dockworkers strike, but there is one crucial place that experts don’t anticipate consumers are likely to suffer: at the gas pump. On Tuesday, 45,000 union workers walked off the job when negotiations for […]
Gold Price Forecast: $2500/oz Re-emerges as US Dollar Index (DXY) Recovers
Gold prices hover around $2500/oz as the DXY strengthens, with markets awaiting key data amidst geopolitical tensions. Gold ETFs see continued inflows, marking a fourth consecutive month of gains, signaling sustained investor interest. Technical analysis reveals a bearish triangle pattern on the Gold chart, suggesting a potential price decline. Most Read: S&P 500, Nasdaq 100 […]
Gold Prices and Poverty Drive Illegal Mining in the Peruvian Amazon
Villagers in the northern rainforest region of Loreto have become more dependent on illegal mining for their livelihood as the pandemic hit the economy and the illegal activity became more profitable. Gold prices have soared nearly 30% so far in 2024 and are on course for their biggest annual rise since 2010. The problem is […]
3 ETFs Surpassing Market Performance Undetected
Daniel Sotiroff: Juggernaut growth stocks like Nvidia have captured attention and headlines over the past year, as they’re largely responsible for the market’s incredible climb. As a result, many of this year’s best-performing ETFs are growth-oriented and often land in the US large-growth category. But there are some exceptions. And some of these exceptions […]
3 EV Charging Stocks Poised for Significant Growth: July Update
EV charging stocks surge as robust sales figures and strategic maintenance programs signal strong future profitability Thanks to government initiatives, increasing electric vehicle (EV) adoption and significant investments in charging infrastructure, EV charging stocks will continue to rank high in most portfolios. The worldwide number of EV charging stations is expected to increase to over […]
Gold (XAU/USD) Prices Decrease as Q3 Comes to an End
Gold prices fell due to a stronger dollar and end-of-quarter flows, despite being on track for the best quarter since Q1 2016. The market is awaiting US jobs data on Friday, which could impact rate cut expectations and the US dollar. Gold remains extremely overbought at present, will the NFP report inspire a deeper correction? […]
Malaysia Challenges Chinese Patrols to Boost Oil and Gas Drilling in the South China Sea: Report
Malaysia defies China’s patrols to expand South China Sea oil, gas drilling: report Malaysia is expanding oil and gas exploration in the disputed South China Sea despite pressure from Chinese vessels that have maintained a constant presence in waters where both sides have overlapping claims, according to a new report. Short-range coastal tracking data show […]
Surge in Gold Prices Dampens Physical Demand in Major Markets
“Physical demand in general is super low everywhere now,” said Robin Kolvenbach, head of Swiss-based refinery Argor-Heraeus SA. “There was a spike in demand in August when India cut its import duty, but since then it has gone completely dead again.” India, the world’s second-biggest bullion consumer after China, slashed import duties on gold in […]
Top and Bottom Canadian Stocks of Q3 2024
The Morningstar Canada Large-Mid Cap Index rose 10.4% in the third quarter amid a rally in the real estate sector. The large-mid index tracks the performance of the top 90% of the Canadian investable universe by market cap, and each quarter we screen from among the stocks in this index to find the best- and […]