In the history of the silver market, prices had traded above $40 an ounce for only a handful of brief periods before last year. On Friday, exhausted traders watched in shock as the precious metal plunged by that much in less than twenty hours. For weeks, traders across the metals world have spent their nights […]
OPEC+ is likely to keep its planned pause on oil output increases for March when it meets later on Sunday, three OPEC+ delegates told Reuters, even after crude prices hit six-month highs on concern the U.S. could launch a military strike on OPEC member Iran. The meeting of eight OPEC+ members comes as Brent crude […]
The Securities and Exchange Comission is pushing back against a growing market for “tokenized stocks” that look like equity, trade like equity, but do not actually confer ownership, releasing new guidance that puts third-party synthetic equity products squarely under traditional securities and derivatives rules. In a joint statement, the SEC’s Divisions of Corporation Finance, Investment […]
US stock futures rose Thursday morning as investors digested a fresh batch of megacap earnings alongside the Federal Reserve’s latest policy decision. S&P 500 futures (ES=F) climbed 0.2% , while Dow Jones Industrial Average futures (YM=F) held around the flatline. Contracts tied to the Nasdaq 100 (NQ=F) rose 0.4%. The moves came after the major […]
ASML Holding NV shares soared to the highest ever after orders in the fourth quarter far exceeded analysts’ expectations and the Dutch semiconductor equipment maker announced job cuts to boost efficiency. Bookings in the fourth quarter were a record €13.2 billion ($15.8 billion), as artificial intelligence fueled demand for its most sophisticated equipment, the Veldhoven, […]
U.S. drugmaker Eli Lilly signed an agreement worth up to $1.12 billion with Seamless Therapeutics, the Germany-based startup said on Wednesday, to develop and commercialize treatments for hearing loss using the biotech’s gene-editing platform. The deal will give Lilly access to its proprietary technology to design specially engineered enzymes to correct certain gene mutations linked […]
As global markets navigate a volatile landscape marked by geopolitical tensions and fluctuating economic indicators, the Asian market presents unique opportunities for investors seeking growth potential. With indices like China’s CSI 300 showing mixed results amid uneven economic growth, identifying stocks with solid fundamentals becomes crucial for navigating these uncertain times. In this context, Pizu […]
On December 16, Morgan Stanley analyst Steven Haynes downgraded Archer-Daniels-Midland Company (NYSE:ADM) to Underweight from Equal Weight and cut the price target to $50 from $57. The firm said expectations tied to the Environmental Protection Agency’s renewable volume obligation now stretch into 2026, masking additional downside risk in ADM’s Carb Solutions unit as margins weaken. […]
General Motors (GM) continued its strong run of quarterly performances with fourth quarter earnings that topped estimates as it upped its dividend and instituted a new $6 billion stock buyback plan. For the quarter, GM reported revenue of $45.29 billion compared with the $45.37 billion estimated, a drop of 5.1% compared with last year. The […]
GameStop (GME) stock has inched higher in recent sessions after the “Big Short” investor Michael Burry confirmed he’s been buying it in 2026. The subsequent surge has pushed GME’s relative strength index (14-day) up to nearly 73, signaling overbought conditions that often precede a notable selloff. At the time of writing, GameStop stock is up […]
(Bloomberg) — Gold rose, holding above $5,000 an ounce for a second day, as a weak US dollar helped to extend a blistering rally fueled by geopolitical risks and investor flight from sovereign bonds and currencies. Bullion jumped as much as 1.4% on Tuesday, its seventh straight day of gains. President Donald Trump threatened to […]
Asian shares were mostly higher Tuesday after U.S. stock indexes ticked upward, buoyed by strong profit reports for some companies. The price of gold slipped back from its record, edging 0.2% lower to $5,071.70. Silver lost 5.1% to $109.66 per ounce. In Tokyo, the Nikkei 225 rose 0.6% to 53,188.39. The Kospi in South Korea […]
