SovEcon has significantly increased its projection for Russian wheat production in 2025, raising it by 1.1 million metric tons to an impressive 87.2 mmt. This updated forecast suggests a robust harvest, comfortably exceeding last year’s 82.6 mmt.The revised figures bring the expected output close to the multi-year average of 88.3…
Shares of Workday rose by more than 5.5% to $231.24 in premarket trading on Tuesday after activist investor Elliott Management disclosed it had built a stake of more than $2 billion in the human resources software provider.Elliott, one of the world’s most influential activist investors, said it viewed Workday as…
Investors in India are holding onto their used gold jewelry and coins, anticipating further price increases despite recent record highs. This has led to a scarcity of these items in the market, as many are reluctant to sell, expecting bullion prices to continue their upward trend.In stark contrast to March, when…
Cathie Wood’s Ark Innovation Fund (ARKK) stock price is doing well this year, and it recently jumped to the highest level since 2022 as technology companies thrived. The ARKK ETF stock was trading at $79.72, up by 106% from its lowest level this year. ARKK ETF shenanigans are continuingCathie Wood’s ARKK…
The YieldMax Ultra Option Income Strategy ETF (ULTY) has done well this year and is hovering at the highest point on record. ULTY was trading at $5.62, up by over 54% from its lowest level in April this year. So, is this high-yielding ETF a good buy?How the ULTY ETF…
SLV silver ETF hit a fresh 14-year high on Tuesday as a weaker US dollar and a decline in Treasury yields bolster precious metals’ rallying. Investors have already priced in a September Fed rate cut of a quarter basis points. However, they are still seeking clues on the number of…
The USD/JPY exchange rate pulled back this week as focus shifted to the upcoming Federal Reserve and Bank of Japan (BoJ) interest rate decision. It fell to a low of 146.25, down by almost 3% from its highest level in July.Federal Reserve interest rate decision The USD/JPY exchange rate pulled back…
Baidu stock price surged in Hong Kong on Wednesday, reaching its highest level since September 2023 as investors cheered its semiconductor investments and as Chinese technology companies soared. It is in its fourth consecutive week of gains and has jumped by almost 80% from the lowest level this year.Baidu stock…
Bitfarms stock price has gone parabolic in the past few days, soaring to a high of $2.90, its highest level since July last year and 350% above its lowest level this year. This surge has brought its market capitalization to over $1.6 billion.Bitfarms stock price analysis The daily timeframe chart shows…
Asian markets are starting Tuesday on a steady note as traders keep a close eye on the US and wait for big news from the Federal Reserve this week.After a slightly quiet session in India on Monday, where the Sensex closed just below 81,800 and the Nifty dipped a bit…