Golden Financier – Page 52 – Investing and Stock News

Economy

Dow gains, S&P 500 hits record as bank stocks surge; Tesla drops 8%, oil prices fall

The S&P 500 and Dow Jones Industrial Average surged to new highs on Friday, buoyed by strong earnings reports from major banks, kicking off a positive start to the third-quarter…

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Economy

Can copper prices scale back over $10,000 again?

The fundamentals in the copper market suggest upward pressure for copper prices for the remainder of 2024. Copper is a versatile metal, which is used in electrical wiring to renewable…

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Stock

Here’s how HPE plans to dominate the AI server market

Hewlett-Packard Enterprise hosted its first-ever artificial intelligence day in Wisconsin, showcasing its plans for the AI data center market. The event game a glimpse of how the company plans to…

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Stock

Procter & Gamble stock forms a risky pattern ahead of earnings

Procter & Gamble (PG) stock price has done well in the past few decades, as the company has positioned itself as the ultimate dividend king. It has boosted its dividends…

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Stock

Affirm stock price analysis: to go beast mode as golden cross forms

Affirm (AFRM) stock has crawled back in the past few weeks, rising from the August low of $22.2 to $47, a 112% increase. It has also soared by 425% from…

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Stock

Troubled Victoria’s Secret stock could surge by 72%

Victoria’s Secret (VSCO) stock has stabilised in the past few weeks as investors focus on the recent leadership transition and the ongoing turnaround. After bottoming at $13.58 in October last…

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Stock

Uber stock price forecast: is it too late to buy?

Uber Technologies (UBER) stock price went parabolic last week, soaring to a record high of $86 as investors focused on Tesla’s robotaxi event. It has been one of the best-performing…

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Economy

What to expect from China’s big economic policy announcement on Saturday?

Investors are eagerly awaiting new policies from Beijing this weekend, hoping they will help revive the country’s economy. China’s Finance Minister Lan Fo’an is scheduled to hold a press conference…

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Economy

Oil prices dip yet remain on track for weekly gains amid supply disruptions

Crude oil prices retreated on Friday, but are still on course for a second straight week of gains as supply disruptions in the US and geopolitical tensions buoyed sentiments. Oil…

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Economy

Rising tensions in South China Sea threaten global trade routes

In recent months, rising tensions in the South China Sea have posed a significant threat to global shipping lanes. The South China Sea, a vital trade route, connects some of…

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