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Gold firmed after falling to a nine-month low.The yellow metal is down 16.5% from its Mar. 8 all-time high. What's interesting about this is that gold is supposed to be an inflation hedge. The price...
Samsung earnings boost sentiment Gold recovered Bitcoin slipped Key EventsGlobal stocks and US futures on the Dow, S&P, Nasdaq, and Russell 2000 advanced slightly on Thursday after positive...
The average American is cranking the air conditioner up more than ever since summer began, and the next ten days are forecast to be sweltering.Yet, it might not be enough to prevent another selloff in...
Many growth stocks and exchange-traded funds (ETFs) are currently changing hands around 52-week or even multi-year lows and the impending earnings season could bring more volatility to markets....
Shares of Devon Energy have returned almost 12% so far this year Current share price supports a lucrative dividend yield of 7.3% Long-term investors could consider buying DVN shares at current...
Airbnb stock is down 44% during the past three months as investors exit tech stocks The booking app has developed a business model which is flexible enough to deal with the various economic...
Recession concerns suggest falling demand for oil. When the economy shrinks, business expansion comes to a standstill, consumers reduce demand, which means less energy is needed to produce goods, and...
Equal-weight exchange-traded funds (ETFs) invest roughly an equal percentage in each company within their portfolios, thus avoiding concentration. By doing so, these ETFs provide diversification and...
US Dollar to 111.00 Euro to dollar-parity Oil to fall below $90 Key EventsOn Wednesday, US futures on the Dow, S&P, Nasdaq, and Russell 2000 drew breath ahead of the publication of Federal...
Citigroup says oil could collapse to $65 a barrel by the end of this year and slump to $45 by end-2023 if a demand-crippling recession hits. Let’s not go that far. Will we get to $85 before...
Shares of the semiconductor giant Advanced Micro Devices have declined roughly 49% so far in 2022 Supply-chain issues, and rising inflation have led to a significant selloff in the semiconductor...
The most significant risk for Apple’s earnings outlook is falling demand for hardware and services due to worsening macroeconomic conditions So far, analysts are divided on whether Apple will...
Micron’s massive Q4 cut reflects sharp decline in smartphone and PC demand Shares hit a new 52-week low on Friday Is now the right time to buy the stock according to InvestingPro+...
Legendary value investor Warren Buffet has been buying Occidental (NYSE:OXY) shares and now has a 17.4% stake. His reasoning is that the stock is fundamentally undervalued despite it posting one of...
Euro slumps to the lowest since 2002 US dollar rallies Oil steady Key EventsAfter the July 4 holiday, US futures on the Dow, S&P, NASDAQ, and Russell 2000 as well as European stocks...
One of the biggest names in the cannabis sector, Canopy Growth (NASDAQ:CGC), took a pounding to close out the month of June, ending last week down about 20%.The fall was triggered by the Canadian...
Deepening worries about a recession could weigh on the demand outlook for oil this week, despite tight supply concerns and the prospect of US job gains in June which might cause a new bout of...