The iShares Silver Trust (SLV) has crashed by over 17% from its highest level in 2024 and is nearing a bear market. It has dropped to $26, its lowest level since September 11 last year. So, why is the silver price falling, and is it safe to buy the dip?…
Mullen Automotive Inc (NASDAQ: MULN) is up 70% in premarket even though there hasn’t been any particular news that could have catalysed such a meaningful rally in shares of the electric vehicles company on Tuesday. None of the Wall Street analysts issued a research note in Mullen’s favour today…
Inflation dominated financial searches in 2024, reflecting widespread economic concerns, while tariffs, stock splits, and cryptocurrencies also captured significant public interest. A recent report from Investopedia revealed its “Terms of the Year,” highlighting the top ten money topics that drew readers’ attention on the finance-focused platform throughout the year. Inflation,…
Chipmaker Nvidia was all the rage in 2024, as the little known company went on to become one of the most valuable companies in the world, often taking the top spot. Nvidia’s share price soared more than 185% YTD , and was seen hovering around $137 on Tuesday. However, despite…
While the meteoric rise of Bitcoin grabbed headlines throughout 2024, a quieter revolution was taking place in the cryptocurrency world. This year, major financial firms and payment processors have turned their attention to stablecoins, a unique type of cryptocurrency designed to maintain a stable value, typically pegged to the US…
The demand for mutual funds in India has seen substantial growth over the past decade, driven by increasing financial awareness, greater access to investment options, and a rising middle class, and 2024 witnessed MFs getting a significant boost from retail investors. Systematic Investment Plans (SIP) inflows registered a steep jump…
As the year comes to a close, Warren Buffett’s Berkshire Hathaway has continued to increase its stake in VeriSign, a leading provider of internet domain-name registry services. From December 26 to December 30, the company spent $15.6 million to acquire 76,487 more shares of VeriSign, bringing its total holdings to…
Biopharmaceutical firms engaged in developing weight-loss drugs were rewarded rather significantly in 2024. It’s what helped Novo Nordisk A/S (CPH: NOVO-B) become the Europe’s largest company by market cap and made many forecast Eli Lilly & Co (NYSE: LLY) to emerge as the world’s first healthcare firm to hit $1.0…
Famed investor Jim Cramer expects two outperformers: Wells Fargo and TJX Companies to have a strong 2025. Both stocks are on track to closing this year with a well over 30% gain. Still, the Mad Money host is convinced that neither of them are out of juice just yet. Here’s…
Russia has not nominated any gas flows from January 1 through the Ukrainian pipeline to Europe as of Tuesday, Ukraine’s gas transit operator said, according to a Reuters report. The development comes ahead of the expiration of a five-year contract between Gazprom and Ukraine’s Naftogaz. Ukraine continued to transit Russian…