Finance Secretary: Cut in Import Duty Sends a Message to the World | Business News
Cut in import duty a message to the world, says Finance Secretary | Business News The government’s decision in the Budget to reduce import tariffs on a number of items is a conscious call to rationalise India’s trade tariffs, which had come under criticism, notably from US President Donald Trump, for being too high. Finance […]
Gold Soars Once More – MINING.COM
From early October 2023 to late October 2024, gold soared an epic 53.1% higher in a rare monster-status upleg exceeding 40%! With stellar accomplishments like this, gold should’ve been one of 2024’s dominant financial-news topics fueling intense trader interest. While there was some reporting, for the most part this powerful bull market has been ignored. […]
Meta Earnings: Increasing Fair Value Due to Generative AI Advances…
What We Thought of Meta’s Earnings Meta META reported strong fourth-quarter financial results, with the firm’s sales growing 21% year over year to $46.8 billion and operating margins expanding 700 basis points year over year to 48%. Why it matters: Meta’s advertising behemoth surpassed our expectations on both the top and bottom line. We were […]
Proximity to Active Oil and Gas Wells May Elevate COVID-19 Mortality Risk
Living Near Active Oil and Gas Wells May Have Increased Risk of Dying from COVID-19 On Feb. 6, 2020, a week after the World Health Organization declared the global coronavirus outbreak a public health emergency, the first Californian died of COVID-19 in San Jose. The next month, cases ballooned around the San Francisco Bay Area, […]
Navigating Success with Fidelity NorthStar
Fidelity NorthStar hasn’t always been a top performer, but it could be counted on for downside protection. An important change five years ago helped the fund capture extra upside, making it one of the top names in the Global Small-Mid Cap category. From October 2011 to November 2019, Fidelity NorthStar’s two skilled managers, Joel Tillinghast […]
Recycling Lithium-Ion Batteries Reduces Emissions and Ensures Future Mineral Supply
Recycling lithium-ion batteries slashes emissions, secures future mineral supply Researchers at Stanford University have found that recycling lithium-ion batteries has notable environmental advantages over traditional mining processes. This study, led by assistant professor William Tarpeh and Ph.D. student Samantha Bunke, demonstrates that large-scale recycling could significantly mitigate the supply insecurity of critical battery minerals—factors that […]
Apple Earnings: Impact of Slowing iPhone Sales Becomes Clear
Apple’s AAPL December-quarter revenue rose by 4% year over year to $124.3 billion. IPhone revenue declined 1% year over year to $69.1 billion, and services revenue rose 14% year over year to $26.3 billion. March-quarter revenue guidance calls for low to mid-single-digit year-over-year growth. Why it matters: The firm’s tepid results and guidance align with […]
Trump Imposes Tariffs on Imports from Canada, Mexico, and China, Declares ‘National Emergency’
Trump signs tariffs on imports from Canada, Mexico and China: ‘National emergency’ The Trump administration will be imposing tariffs through its new International Emergency Economic Powers Act (IEEPA). President Donald Trump signed an executive order authorizing the tariffs Saturday, which will go into effect Tuesday, consisting of a 25% additional tariff on imports from Canada […]