Despite mixed signals, gold saw some buyers emerge on Wednesday, partially recovering from the significant losses of the previous day. However, strong bullish momentum remains absent, according to experts. “The uncertainty surrounding US President Donald Trump’s trade tariffs, US fiscal concerns, and geopolitical risks keep a lid on the market optimism,…
Poland elections are set to conclude this Sunday in a presidential runoff that’s too close to call. Pro-EU centrist Rafał Trzaskowski and right-wing nationalist Karol Nawrocki are locked in a statistical tie, with undecided voters expected to tip the balance.It’s not just about who becomes president. The result will decide…
Despite government’s attempts at diversification, the trend of increasing market concentration has persisted over the last year.The processing sector demonstrates this trend significantly, with China leading production for 19 of the 20 minerals analysed by the International Energy Agency. China holds a market share exceeding 35% for these minerals, averaging 70%.In…
Barclays analyst Raimo Lenschow recommends taking profit and moving to the sidelines in CoreWeave Inc (NASDAQ: CRWV) following its explosive rally over the past few months.Lenschow downgraded the artificial intelligence startup this morning to “equal weight”, adding he can’t think of a near-term catalyst that could push the CRWV share…
CNBC’s Jim Cramer says Disney’s stock still has plenty of upside, fueled by the blockbuster success of its latest live-action remake, Lilo & Stitch. After a string of box office disappointments, the film’s surprise performance is breathing new life into the entertainment giant. Lilo & Stitch makes box office historyThe…
Shopify Inc (NYSE: SHOP) president Harley Finkelstein says the e-commerce giant was built for challenging times and is, therefore, strongly positioned to weather tariff uncertainty in 2025.Speaking recently with CNBC, Finkelstein argued that building a business on Shopify is a “huge advantage” for retailers as the platform equips them with…
Wall Street analysts expect Nvidia’s Q1 earnings on Wednesday (after the bell) to be “messy” and include disappointments on key metrics.However, the expected near-term weakness is hardly a reason to bail on NVDA shares – they’re telling clients heading into the company’s release.Note that Nvidia stock has already rallied some…
Australia has granted approval to Woodside Energy’s proposal to extend the operational lifespan of its North West Shelf gas plant until the year 2070. This decision comes after an extensive six-year review process that was marked by considerable delays, multiple appeals, and strong opposition from environmental organisations, Reuters said in a…
Elon Musk has publicly expressed his disapproval of President Donald Trump’s recently passed House tax bill, a sweeping piece of legislation that the billionaire entrepreneur says runs contrary to his own efforts to curtail government spending.Musk’s critique adds a high-profile voice to the growing chorus of concerns surrounding the bill’s…
A fresh wave of volatility in Japan’s government bond market is unsettling investors worldwide, amid signs of weakening demand for long-dated debt and growing concern over the broader implications for global financial markets.For decades, Japan’s $7.8 trillion bond market was viewed as one of the most stable in the world.…