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Precious Metals

“Gold hovers near record highs. Here’s where analysts say it’s headed next.”

September 24, 2024

“…Gold futures climbed to trade just above $2,600 after touching fresh records in the prior session immediately after the Federal Reserve announced a 50 basis point rate reduction… “By cutting rates more than expected, the Fed is indirectly opening the door to… Continue Reading…

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Stocks

“Watch these Palantir price levels as stock jumps on S&P 500 inclusion”

September 18, 2024

“…Palantir shares were up 7.8% at $32.69 about 90 minutes before Monday’s opening bell… The first sits around $32.70, roughly in line with Monday’s projected opening price. This area on the chart could provide resistance near a range of similar trading levels… Continue Reading…

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Business

“Sony hikes price of aging PlayStation 5 console in Japan by 19%”

September 5, 2024

“Sony said its suggested retail price for the PlayStation 5 is 79,980 yen, or $553, up 19% from the previous price. The hike will take effect from Sept. 2. Sony cited a challenging external environment, including fluctuations in the global… Continue Reading…

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Economy

“Inflation milestone: Consumer Price Index slows below 3% for first time since March 2021”

August 20, 2024

“Price hikes slowed more than expected in July, and, for the first time in more than three years, the Consumer Price Index has landed below 3%. That paves the way for the Federal Reserve to cut rates next month after… Continue Reading…

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Stocks

“Intel has worst day on Wall Street in 50 years, falls to lowest price in over a decade” [Aug 2 2024]

August 6, 2024

“…The stock plummeted 26% to $21.48 at the close. It was the second worst day ever for the shares, behind only a 31% drop in July 1974, which was three years after Intel’s IPO. The company’s market cap is now… Continue Reading…

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Business

“Analyst resets McDonald’s price target as stock hits 52-week low” [Tue, Jul 9, 2024]

July 24, 2024

“…Analysts at Bank of America Securities noted in their July 8 restaurant report that fast food “value wars” remain topical. The investment firm noted that in mid-May McDonald’s said it planned to launch a $5 value meal, beginning June 25 for… Continue Reading…

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Business

“JPMorgan Hikes BYD’s Price Target by More Than 80% on Outlook”

July 12, 2024

“JPMorgan Chase & Co.’s analysts raised their price targets for BYD Co. by more than 80% on expectations the Chinese automaker will deliver 6 million vehicles globally in the next two years… BYD has focused on boosting international sales and… Continue Reading…

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Economy

“Used EV price crash keeps getting deeper with ‘premium’ brand idea history”

June 28, 2024

“…The decline has been dramatic over the past year. In June 2023, average used EV prices were over 25% higher than used gas car prices, but by May, used EVs were on average 8% lower than the average price for a used… Continue Reading…

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Stocks

“Meta’s 450% Surge Offers Potential for Next Tech Stock Split”

June 28, 2024

“Meta is the only stock in the so-called Magnificent Seven that hasn’t ever split shares. And, though the stock is off all-time highs hit in April, it’s up more than 450% from a 2022 trough. Trading at more than $500… Continue Reading…

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Stocks

“Computing firm Raspberry Pi pops 38% in rare London market debut” [JUN 11 2024]

June 28, 2024

“Shares of Raspberry Pi surged Tuesday, rallying by more than 38%, as the British computing startup sought to raise some £166 million ($211.2 million) from its initial public offering…” https://www.cnbc.com/2024/06/11/rasperry-pi-ipo-computing-firm-to-raise-211-million.html

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