Dow, S&P 500, and Nasdaq Fall as Nvidia Drives Tech Declines Following PCE Inflation and Consumer Data Release
Dow, S&P 500, Nasdaq slide as Nvidia leads tech losses after PCE inflation, consumer data US stocks fell from record highs on Friday as Wall Street digested an update on consumer inflation that showed prices firming higher above the Fed’s target in July. The Dow Jones Industrial Average (^DJI) fell around 0.5%, and the S&P […]
India Mulls Relaxing Gold Investment Restrictions in Pension Funds
Bangalore, Karnataka, India. Stock image. India’s pension regulator may look to relax its investment restrictions after calls by fund managers to boost their gold holdings in their portfolio, Bloomberg News has reported. According to sources cited by Bloomberg, retirement fund managers held a series of meetings with senior officials from the Pension Fund Regulatory and […]
Nvidia CEO Engages with Trump Administration Regarding Sale of Advanced AI Chips to China
Nvidia CEO in talks with Trump admin about selling powerful AI chips to China Nvidia CEO Jensen Huang sits down with FOX Business’ Liz Claman to discuss how A.I. will impact jobs and the U.S. economy. Nvidia CEO Jensen Huang told FOX Business on Thursday that he is in talks with the Trump administration about […]
Newmont Set to Implement Major Job Cuts as Part of Cost-Cutting Strategy – Report
Newmont Corp. (NYSE: NEM) is preparing a major cost-reduction plan that could lead to thousands of job losses, Bloomberg reported on Wednesday, citing people familiar with the matter. The world’s largest gold miner, which completed its $15 billion acquisition of Newcrest Mining in 2023, is targeting a reduction of as much as $300 per ounce […]
Which Stock Is the Best Choice Right Now?
Which Stock is a Better Pick Now? Capital One COF and Synchrony Financial SYF are major players in the U.S. financial services industry, primarily focusing on credit card and consumer lending. They generate a large part of their revenues from interest income, transaction fees and customer spending. COF and SYF target consumer and small business segments, […]
While Critical Minerals Take the Spotlight, Are Gold and Copper Still the Top Investment Choices?
Gold and copper aren’t as fashionable as critical minerals — but are they still the best bet? While much of the investment spotlight is often directed towards battery metals like lithium, cobalt, and rare earth elements, it is essential not to overlook the fundamental roles of gold and copper, which continue to sustain the global […]
Trump’s Dismissal of Fed’s Lisa Cook Challenges Supreme Court’s Authority on Presidential Power
Trump’s firing of Fed’s Lisa Cook tests Supreme Court’s limits on presidential power Facebook Tweet Email Link President Donald Trump’s decision late Monday to dismiss Federal Reserve Governor Lisa Cook escalated his yearlong effort to consolidate executive power and could open a new high-stakes legal battle at the Supreme Court. The 6-3 conservative court has […]
Glencore Trader Departs Following Unsuccessful Battery Recycling Initiative
Glencore Trader Exits After Ill-Fated Battery Recycling Push Glencore’s Battery Recycling Aspirations: Challenges and Future Prospects Battery recycling has emerged as a pivotal element in the global shift toward sustainable energy, with companies like Glencore taking ambitious strides into this arena. However, the path hasn’t been smooth, revealing significant hurdles even for industry leaders. Recent […]
Q2 2025 Fundamentals of Gold Mid-Tier Companies
Stock image. Mid-tier and junior gold miners just finished reporting spectacular record quarterly results! In the sweet spot for sector upside potential, smaller gold miners’ fundamental performances handily bested their larger peers’. They shattered every major financial record, while also achieving superior operational results. That left their stock prices even more seriously-undervalued, portending more big […]
What to Tune In to This Week
What to watch this week Stocks ended the week in rally mode after Federal Reserve Chair Jerome Powell opened the door for a September interest rate cut. In the week ahead, earnings from Nvidia (NVDA) will see the world’s largest company and AI leader test a summer rally that has stocks back near record highs. […]