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Stocks

“…High-Yield Dividend Stock [UPS] That’s Down 45%”

“…Why has UPS stock plunged roughly 45%? The short answer is that the company’s revenue and earnings have declined. That’s all investors need to bail out on a stock. Several factors contributed to UPS’ declining financial fortunes, though…” https://finance.yahoo.com/news/once-decade-opportunity-buy-magnificent-095000113.html

Stocks

“Meta Shares Are Flying High as Zuckerberg Sells His AI Vision”

“The Mark Zuckerberg run company has seen its shares gain 13% this month, far outperforming Big Tech peers despite reporting another jump in capital expenditures and pledging to spend even more going forward. The stock rose 0.3%, inching closer to… Continue Reading…

Precious Metals

“Gold surges to record high after Iran’s president killed in crash”

“Bullion jumped as much as 1.1pc to hit $2,440.59 an ounce after Iranian President Ebrahim Raisi, Foreign Minister Hossein Amirabdollahian and all the other passengers onboard died when the aircraft came down in northwest Iran. His death has added to tensions… Continue Reading…

Economy, Stocks

“All 3 major stock indexes close at record highs as inflation slows down”

“…The Dow Jones Industrial Average, S&P 500 and Nasdaq composite all rallied Wednesday after the Labor Department reported inflation falling to a 3.4 percent annual rate in April after a 0.3 percent monthly increase in prices, according to the consumer… Continue Reading…

Stocks

“GE Aerospace Cruises At A 15-Year High — Is GE Stock A Buy?”

“…The “new GE,” GE Aerospace, is far extended from a 132.50 buy point off a three-weeks-tight pattern. That means shares are not within buy range. The stock is up 80% from a November 2023 breakout past a flat-base entry, according to MarketSurge pattern recognition.… Continue Reading…

Stocks

“With Shares Down Nearly 70%… Ultra-High-Yield Dividend Stock”

“NextEra Energy Partners (NYSE: NEP) has gotten the wind knocked out of its sails in recent years. The renewable energy stock has crashed nearly 70% from its peak in early 2022, pushing its dividend yield up to around 13%. A big factor… Continue Reading…

Economy

“Global military spending hit all-time high in 2023 after 7% jump, report finds”

“Global military spending reached a record high of $2.4 trillion in 2023 amid a “global deterioration in peace and security,” the Stockholm International Peace Research Institute said Monday. The figure marked a 6.8% increase from 2022 and the sharpest year-on-year… Continue Reading…

Precious Metals

“Gold Futures Hit New Record on Central Bank Buying, Safe-Haven Demand”

“Gold futures have set another record high, with the rally driven by central bank purchases, safe-haven demand and geopolitical tensions. June futures on the New York Mercantile Exchange were recently up 1.7% at $2,413.5 a troy ounce, having hit a… Continue Reading…

Economy, Precious Metals

“Copper prices climb to 2024 high as Citi calls the start of the metal’s second bull market this century”

“Soaring copper prices show no signs of slowing down, analysts say, with the red metal’s rally fueled by supply risks and improving demand prospects for energy transition metals. Copper prices with May delivery traded at $4.323 per pound in New York as of… Continue Reading…

Precious Metals

“Gold boosted to new records as China beefs up reserves”

“… By the numbers: Bullion still makes up a large portion of global central bank reserves. …” https://www.axios.com/2024/04/08/gold-record-highs