Gold and silver are both precious metal assets worth investing in, but one could be a better bet right now. Getty Images/iStockphoto Until recently, inflation had been high in the U.S. That, in turn, helped to drive many consumers to safe-haven investments like gold, silver and other precious metals. These precious metals are often considered a hedge against the declining dollar and a smart safeguard of wealth, which is why investors tend to flock to them during times of economic turmoil. But today, inflation is finally close to the 2% target rate, and the Federal Reserve has begun cutting its benchmark…
Author: user
Palantir (PLTR) stock rose more than 20% early Tuesday after its third quarter earnings surpassed expectations thanks to better-than-anticipated spending from the US government on its AI tech. Global government spending on Palantir’s products, primarily from the US, rose 40% from the prior year to $408 million in the third quarter, accounting for 56% of the company’s total revenue for the period. This was ahead of the $379 million expected for the segment, according to Bloomberg consensus estimates. Palantir, which makes a range of data mining and analysis software including its Artificial Intelligence Platform (AIP), most recently won a $100…
The Dodge Charger, introduced in 1966, initially sported a sleek fastback design and a luxurious interior. However, the 1968 model year marked a significant shift, transforming the Charger into a more traditional muscle car with a bold, boxy exterior and a focus on performance. This iteration, powered by high-performance V8 engines, quickly became a popular choice among car enthusiasts, leading to strong sales figures. From Glory to Ruin: Neglected 1968 Dodge Charger, a Restoration Challenge for Mopar Fans (Dodge) Despite their iconic status today, many 1968 Chargers fell victim to neglect during the Malaise Era, resulting in a significant number…
The shipping industry is an integral part of international trade. Over the past 40 years, global maritime trade has increased 10X in value. Just like other transportation sectors aviation and auto, shipping also has some level of carbon emissions. In the Announced Pledges Scenario (APS), shipping emissions could fall significantly. IEA predicts by 2035, emissions from international shipping may drop by nearly 60%, and by 2050, they could fall by more than 90%. This shift is expected as the shipping industry adopts cleaner fuels like biofuels, ammonia, and methanol. By 2050, low-carbon fuels may power over 80% of global shipping.…
S&P 500 powerhouse Amazon‘s(NASDAQ: AMZN) having a great run. Year to date, the stock’s up about 29%. As a long-term investor in the tech company (it’s the largest individual stock holding in my portfolio right now), I’m pretty happy with that performance. Is there scope for further share price gains? Wall Street analysts seem to think so. Here’s a look at their latest share price forecasts. Brilliant Q3 earnings Before focusing on the share price targets, it’s worth touching on Amazon’s recent Q3 earnings. That’s because they were excellent. I’ve been saying for a while that Amazon’s profits are going…
Gold and silver are both precious metal assets worth investing in, but one could be a better bet right now. Getty Images/iStockphoto Until recently, inflation had been high in the U.S. That, in turn, helped to drive many consumers to safe-haven investments like gold, silver and other precious metals. These precious metals are often considered a hedge against the declining dollar and a smart safeguard of wealth, which is why investors tend to flock to them during times of economic turmoil. But today, inflation is finally close to the 2% target rate, and the Federal Reserve has begun cutting its benchmark…
It’s been an excellent year for stocks amid a resilient macroeconomic backdrop. The S&P 500 index is up 20% year to date with several high-profile companies delivering spectacular returns heading into 2025. At the same time, not all stocks have rallied alongside the market. Looking at some of the laggards can sometimes uncover a high-quality gem that has been beaten down but with the potential to stage a big turnaround. Let’s explore two magnificent stocks near a 52-week low to buy now. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free »…
Max Verstappen of Red Bull secured his eighth victory of the 2024 F1 season at the Brazilian Grand Prix held at the Interlagos circuit in Sao Paulo. Despite starting from 17th on the grid, Verstappen demonstrated his skill and determination, marking his first win since the Spanish Grand Prix on June 23. This victory significantly enhances his chances of clinching a fourth consecutive World Championship title, as he continues to lead the standings by a considerable margin. In an impressive performance, Esteban Ocon and Pierre Gasly from the Alpine team finished in second and third place, respectively, marking their best…
In a remarkable display of resilience and growth, Williams Companies Inc. (NYSE:) stock has soared to a 52-week high, reaching a price level of $52.85. This peak reflects a significant uptrend for the energy infrastructure company, which has seen an impressive 1-year change of 47.75%. Investors have shown increased confidence in WMB’s market position and future prospects, propelling the stock to new heights over the past year. The company’s strategic initiatives and strong performance in the energy sector have contributed to this bullish momentum, marking a period of robust gains for shareholders. In other recent news, Williams Companies has been…
Nico Hulkenberg, the Haas driver, has been disqualified from the Brazilian Grand Prix after receiving external assistance from marshals following a crash. The rules of Formula 1 are clear: drivers are not allowed to accept help from outside sources to get their cars back on the track. Since marshals pushed Hulkenberg’s car back into action, he was issued a black flag, leading to his disqualification from the race. This incident emphasizes the strict enforcement of safety regulations in the sport. Black flag disqualifications are rare in modern Formula 1, as drivers and teams usually have a chance to contest such…