Robert Kiyosaki, renowned investor and author, has expressed concerns over a potential stock market crash and highlighted the importance of investing in gold, silver, and Bitcoin BTC/USD. What Happened: On Saturday, Kiyosaki took to X to share his views on the current state of the market. He noted that the price of gold has reached an all-time high, indicating that investors are becoming more pessimistic and shifting their investments to defensive assets. “So higher gold prices are not necessarily a good sign,” he said in the post. The price of gold has hit all time highs. Since 2000 the people…
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At this time last year, the stock price for Palantir Technologies (NYSE: PLTR) was under $15 per share. As of mid-morning on Oct. 9, shares of Palantir were hovering around $43 — nearly triple where they were just one year ago.Over the last year, Palantir’s software suite has garnered much attention as sophisticated data analytics platforms become a critical part of artificial intelligence (AI) roadmaps. But with shares of Palantir continuing to rise, investors need to start wondering how much longer the music is going to be playing.Below, I’ll cover a number of catalysts that could spur even further growth…
(Reuters) -Kenya’s Ruth Chepngetich put on a performance for the ages as she obliterated the women’s marathon world record in Chicago on Sunday, taking nearly two minutes off the previous best to win in an unofficial time of two hours, nine minutes and 56 seconds. Chepngetich ditched the competition by the halfway mark and ran through a chorus of cheers through the final straight as she claimed her third title in Chicago and crushed Ethiopian Tigst Assefa’s previous record of 2:11:53, set last year in Berlin. Ethiopia’s Sutume Kebede crossed the line seven minutes and 36 seconds later while Kenyan…
We recently compiled a list of the 8 Most Profitable Penny Stocks To Invest In. In this article, we are going to take a look at where Safe Bulkers Inc. (NYSE:SB) stands against the other profitable penny stocks.Potential in Small-CapsThe misallocation of capital to less productive sectors can lead to inflationary pressures and hinder economic growth. A lot of experts now suggest that investors should be cautious and focus on small and mid-cap stocks (SMid caps) that may thrive in a low-interest rate environment. The overall strategy involves updating price targets for companies sensitive to interest rates that also show strong…
U.Today – “If you want to win, you need a strategy” — that’s how Michael Saylor, the CEO of MicroStrategy and one of the main players in the crypto market, titled his new post on X. Saylor is known for his extremely bullish views on the major cryptocurrency, which he doesn’t forget to confirm with almost daily Bitcoin-focused statements on social media, sometimes viral, sometimes unconventional, sometimes shocking and sometimes insightful, which have already become part of the crypto market lore. The most recent one, however, is more insightful, as Saylor plotted the performance of MSTR stock against other top-performing…
4 min read Last Updated : Oct 13 2024 | 11:57 PM IST By Neal E. Boudette On a sunny Friday morning last month, Mike Duggan, the mayor of Detroit, got behind the wheel of his black Jeep Grand Cherokee to give a tour of the city he has led for 10 years. Not far from Michigan Central Station, the former hulking ruin that was recently transformed into a gleaming office complex, he slowed to point to a construction site of vertical steel girders and yellow earth-moving machines. It will become a 600-room JW Marriott hotel, linked to…
The red-hot rally that started in shares of Nvidia (NASDAQ: NVDA) toward the end of 2022 is now almost two years old, and the chip giant has delivered 11x gains during this two-year period.So, an investment of just $100 made in Nvidia stock a couple of years ago is now worth more than $1,100. More importantly, it appears that the company’s phenomenal run could be sustainable in 2025 as well, thanks to the developments in the artificial intelligence (AI) chip market.Here, we will take a closer look at the reasons why Nvidia’s stunning run may continue next year.Strong Blackwell demand…
By Gilles Guillaume PARIS (Reuters) – Chinese state-owned carmaker GAC is exploring the manufacture of EVs in Europe to avoid EU tariffs, the general manager of its international business told Reuters on Sunday, joining a growing list of Chinese companies planning local production. The company is among China’s largest automakers and is targeting 500,000 overseas sales by 2030. It does not yet sell EVs in Europe but will launch an electric SUV tailored to the European market at the Paris Auto Show, kicking off on Monday. GAC still viewed Europe as an important market that was “relatively open” despite moves…
KTM’s Automated Manual Transmission (AMT) system, recently revealed ahead of the EICMA show in Milan, is a groundbreaking innovation that offers riders the best of both worlds: the convenience of an automatic transmission and the full control of a manual. The system features two distinct modes: A and M. In A mode, the transmission automatically shifts gears based on engine speed and throttle position, providing a seamless and effortless riding experience. This mode is ideal for cruising, commuting, or simply enjoying a leisurely ride. KTM Reveals Automated Manual Transmission System for Seamless and Engaging Motorcycle Riding Experience (KTM) The system…
A recent digital rendition of the Hyundai N Vision 74 Concept has taken the internet by storm. The original show car, revealed earlier this year, has already captured the hearts of automotive enthusiasts worldwide. Now, a talented digital artist has reimagined the concept with a bolder, more aggressive stance. The artist has given the N Vision 74 a widebody treatment, featuring flared fenders, oversized side skirts, and a prominent chin spoiler. The rear of the car retains its dramatic wing but gains a more aggressive diffuser. The hood has been redesigned, and the side mirrors are now slimmer. The effect…