In this article PPG MRK SPOT MTCH Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Spotify — The streaming company saw shares rise 2.2% after KeyBanc upgraded Spotify to overweight from sector weight. The firm said in a note to clients that the company was
Sharing is Caring! by Lance Roberts Just recently in our “Daily Market Commentary” (subscribe for free), we discussed Wall Street setting its sights on S&P 5000. “Wells Fargo’s Chris Harvey raised his year-end S&P 500 price target to 4,825 from 3,850, as reported by Bloomberg’s Lu Wang. This move follows a weekend note by David Lefkowitz, head of equities
Traders were caught flat-footed on Sept. 7 after a sharp collapse in the price of Bitcoin saw the digital asset fall below $43,000 and this led to widespread liquidations in derivative markets as more than $3.54 billion was liquidated. Amount of Liquidations in the past 24 hours by exchanges in total $3.54 was liquidated! In the
Dave Panozzo is the co-founding owner of The Panozzo Team-HomeSmart, a real estate team in Phoenix, Arizona. Can you imagine how frustrating it is to be a buyer in this sellers’ market, continuously having your offers on multiple listings beat out? This may have happened to you recently, especially if you happen to be a first-time
Westend61 Forty-eight percent of renters worry they won’t be able to buy a home during their lifetimes, according to a new Lending Tree survey. That concern is largest among renters in Generation X (41 to 55 years old) and millennials (25 to 40 years old). To that point, 55% of Gen X renters and 52%
The financial asset services platform Matrixport has introduced a variety of new products since the firm raised $100 million in a Series C financing round during the first week of August. Following the launch of the company’s “ETH2.0 Staking Earn” earning service, Matrixport has introduced another service product called “BTC-U Range Sniper” which allows traders
(Bloomberg) — An Australian prospector is aiming to tap into what it says is a robust long-term demand outlook for silver, a key ingredient in solar panels. Silver Mines Ltd.’s Bowdens project in New South Wales — set to start operations in 2023 — will have an initial output target of 6 million ounces a
The gold miners’ stocks suffered a rough summer, getting hammered lower as… by Adam Hamilton of Zeal LLC The gold miners’ stocks suffered a rough summer, getting hammered lower as collateral damage on gold-futures speculators fearing Fed tightening. That heavy gold-stock selling certainly wreaked havoc, leaving overwhelmingly-bearish sentiment in its wake. But the unloved and
There’s more to finding a mortgage lender than simply securing the lowest interest rate. Just ask Professor of Business Administration at the University of Virginia Darden School of Business Elena Loutskina, who told Investopedia recently, “If the consumer wants to be protected, it’s the education that’s the most important thing.” Loutskina spoke at length about
Tens of thousands of Brazilian president Jair Bolsonaro’s supporters gathered in the country’s biggest cities for demonstrations on Tuesday aimed at galvanising support for the populist leader. The rallies, which took place in the capital, Brasília, and financial centre São Paulo, came as Bolsonaro fired up his base in recent months with an aggressive campaign
SoftBank’s investment focus is on new technology. But legacy telecoms continue to bolster the fortunes of the Japanese investment group, as a big share deal on Tuesday illustrated. This has strengthened prospects for share buybacks, lifting SoftBank’s stock by a tenth. A share swap with Deutsche Telekom is not an immediate cause for rejoicing. Transacted
The ADR (American depositary receipt) of Chinese EV giant Nio (NIO) is under pressure, as near-term supply-chain issues are leading investors to liquidate their holdings. TipRanks’ Stock Investors tool indicates that investors currently have a Very Negative outlook on Nio ADR, with 3.7% of investors who hold portfolios on TipRanks decreasing their exposure in the past 30
In this article SPOT 9618-HK MRNA BA Check out the companies making headlines before the bell. JD.com (JD) — Shares of JD.com gained 1.4% in early morning trading after the Chinese e-commerce giant appointed a new president. The company’s founder and CEO Richard Liu is stepping back from day-to-day operations, while Xu Lei, previously CEO
Amid El Salvador officially accepting Bitcoin (BTC) as legal tender today, the Russian government has reiterated its negative stance to a scenario where BTC could be accepted as an official currency. Dmitry Peskov, the official representative of Russian President Vladimir Putin, claimed that Russia has no reason to recognize Bitcoin as legal tender, local news
FTX, a spot and cryptocurrency exchange, announced the launch of an NFT marketplace on its trading platform today. According to the information provided by CEO Sam Bankman-Fried, the marketplace will be available both for customers in the U.S. and in other locations. FTX is likely trying to capitalize on the popularity of these instruments, which
Readers, when I first read that retirees and employees in the Chicago Police pension system were pursuing a “forensic audit,” that seemed like nothing more than wishful thinking. It seemed plainly obvious that the plan’s massive underfunding was explained by the lack of a commitment to fund the plan properly, and by years of delusion
While China won both the total- and gold-medal counts for the fifth summer Paralympic Games running, the United States had its own top-three finish worth celebrating in Tokyo. The U.S. contingent was third in the race for most golds, its highest finish in that category since Beijing 2008. Since leading both the total and gold
Central banks are not going to cut back the money printing. Just the opposite… Marc Faber interviewed on USA Watchdog by Greg Hunter Legendary investor, economist and market forecaster Dr. Marc Faber thinks central banks (CB) are not going to cut back the money printing. Just the opposite. He predicts CBs are going to print even
Investors who want to own stocks in the technology sector may decide to buy exchange-traded funds (ETFs) that track the Nasdaq. When investors refer to the Nasdaq, they typically refer to the tech-heavy Nasdaq Composite Index, which is composed of more than 2,500 companies. Companies in this group vary widely in size and quality, including struggling
A Chinese entrepreneur who struck deals with some of the country’s most powerful officials and their families has briefly surfaced after a four-year disappearance, according to her ex-husband and former business partner. Duan Weihong’s business dealings with Zhang Beili, wife of former premier Wen Jiabao, is the subject of a new book by Desmond Shum,
When stand-up comic and presenter Joe Lycett recently stormed off the set of a daytime TV show, his social media followers thought he had lost his sense of humour. In fact, his apparent strop with presenter Steph McGovern was a publicity stunt designed to alert the public to the difficulties of recycling white PET plastics.
Global specialty minerals company ICL, formerly known as Israel Chemicals Ltd., (ICL) recently announced that it has secured a sustainability linked loan worth €250 million. The term of the loan is for five years with a fixed annual interest rate of 0.8%. Following the news, shares of the company declined marginally to close at $7.13
Sharing is Caring! by PieChartPirate Obesity is one of leading risk factors of premature death according to the WHO. This figure shows the obesity rate for the G20 countries from 1975 to 2016. Obesity is defined as everyone with a BMI (Body mass index) of above 30. This figure shows that there is a steady increase
Avanti Bank and Trust CEO Caitlin Long has posted a rebuttal to a recent New York Times article claiming that crypto and decentralized finance is “disrupting the banking industry” so fast regulators can’t keep up. Disrupting traditional finance is exactly what crypto and DeFi aspires to do, but the piece titled “Crypto’s Rapid Move Into
Bitcoin will become legal tender in El Salvador on Tuesday, Sept. 7. The Salvadoran government has started buying bitcoin ahead of the law taking effect. The first 200 coins have been purchased and “a lot more” are coming, said President Nayib Bukele. El Salvador Begins Mass Buying Bitcoin Ahead of Bitcoin Becoming Legal Tender El
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) -On the weekly chart, it seems easy to see why gold is stuck in a strong consolidation zone. It is best
The precious metals sector is setting up for an eventual big reversal. It may have started today now that the employment report has… by Dave Kranzler of Investment Research Dynamics The chart above shows the gold/HUI ratio going back to 2001. I would have used GDX but I wanted to take the graph back to
It’s not that television advertising is nearing extinction, but the TV ad business model is in a time of major transition. Yes, we all still gather around to watch ads during the Super Bowl, but things have definitely changed since the advertising heyday portrayed in the show “Mad Men,” when one TV ad could change the
Merrick Garland, the US attorney-general, has vowed to crack down on attacks against reproductive health clinics across the country after Texas imposed draconian curbs on abortion in a controversial state law that the Supreme Court refused to block. “The [justice] department will provide support from federal law enforcement when an abortion clinic or reproductive health
Germany has accused Russia of launching a spate of cyber attacks on politicians amid suspicions that Moscow is interfering in this month’s election to decide who succeeds Angela Merkel as chancellor. The country’s foreign ministry said it held Russia responsible for illegally targeting a number of national and regional politicians with “phishing” emails to gain