Battery Materials: IXM Reports Steady Copper Demand for Electric Vehicles
Battery Materials – Copper demand for electric vehicles is intact, trader IXM says The demand for copper in the electric vehicle (EV) sector remains resilient, according to IXM, a leading commodity trader. Despite recent fluctuations in EV sales and concerns surrounding market dynamics, the overall demand narrative for copper is positive, driven by ongoing advancements […]
ChargePoint Stock: A Potential Electrifying Comeback in 2024?
Source: YuniqueB / Shutterstock.com The financial market abandoned electric vehicle charging equipment specialist ChargePoint (NYSE:CHPT) during this year’s first half, but the story isn’t finished yet. Indeed, I wouldn’t be surprised if ChargePoint stock surges this year and eventually escapes from Penny Stock Land (i.e., breaks above the $5 penny-stock threshold). How did the ChargePoint […]
Our Perspective on the Major Rally in China’s Real Estate Market
We think the recent buying frenzy in China real estate names was induced by incremental policy easing and investors’ reignited sentiment, rather than a rebound in durable home demand. While policy relief has lifted home sales in select key cities, this may be short-lived as home price weakness will likely persist amid oversupply. We also […]
Wall Street Climbs Toward Record Highs Following Shanghai’s Biggest Decline Since Early COVID
Wall Street rises toward records after Shanghai’s worst drop since early COVID New York – U.S. stocks are holding firm Wednesday following the latest scary swerves for markets in China. The S&P 500 was up 0.5% in midday trading and on track to top its all-time high set last week. The Dow Jones Industrial Average […]
Gold (XAU/USD) Revisits $2500/oz Mark Ahead of Powell’s Remarks at Jackson Hole
Gold (XAU/USD) Retests $2500/oz Ahead of Powell’s Jackson Hole Remarks Gold prices retest $2500/oz ahead of Fed Chair Powell’s Jackson Hole speech. Gold’s rebound in the European session and technical analysis suggest bullish momentum. September rate cuts likely already priced in. What impact will Powell’s remarks have? Most Read: Japanese Yen Price Action Ideas: USD/JPY, […]
China’s Finance Ministry to Announce CNY2 Trillion Fiscal Stimulus Package on October 12
China’s Finance Ministry set to announce CNY2 trillion fiscal stimulus package on Oct 12 Reuters reported on Wednesday that China’s Finance Ministry is set to roll out a 2 trillion Yuan fiscal stimulus package on October 12. The fiscal stimulus will be announced to support economic growth so that they can achieve a 5% Gross […]
£1.9 Billion Annual Investment Urged for Transitioning Oil and Gas Workers to Clean Energy Careers
Call for £1.9bn a year to help oil and gas workers move into clean energy Climate groups are calling for £1.9 billion a year to support offshore oil and gas workers and communities through the shift to renewable energy. In a move endorsed by leading UK trade unions, 65 organisations have written to Chancellor Rachel […]
Mali Pursues $500 Million in Unpaid Taxes and Dividends from Barrick – Report
The demands on Barrick follow an audit of mining contracts last year and a subsequent push by Mali to renegotiate agreements with mining firms, including B2Gold (TSX: BTO), Resolute Mining (ASX, LON: RSG) and Allied Gold (TSX: AAUC), to channel a greater share of revenues into state coffers under a new mining code. Under the […]
Need an extra income? Startup Kiva AI compensates doctors and lawyers in crypto for contributing to its ‘human-in-the-loop’ AI service.
Doctors and lawyers, need a side hustle? Startup Kiva AI pays crypto to overseas experts who contribute to its ‘human-in-the-loop’ AI service Kiva AI, a service designed to develop specialized AI applications by employing human experts to label large datasets, has closed a $7 million seed round led by CoinFund, a crypto-focused venture capital firm. […]
North Dakota’s Future Governor Dismisses Oil and Gas Connections and Conflict Issues • Minnesota Reformer
North Dakota’s likely next governor brushes off oil and gas ties, conflict concerns • Minnesota Reformer This article was produced for ProPublica’s Local Reporting Network in partnership with the North Dakota Monitor. Sign up for Dispatches to get stories like this one as soon as they are published. When Republican Kelly Armstrong filed his federal financial disclosure after […]