Gold reaches $3,000 as trade war escalates, economic uncertainty rises
The precious metal was on track for a second straight week of gains.
The precious metal was on track for a second straight week of gains.
(Bloomberg) -- As the equity selloff hit Wall Street late last month, Vance Howard’s quant program flashed sell signals across his portfolio teeming with high-priced tech companies, fueling a $1.8 billion liquidation and a now-40% cash position.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY Re
While fiat currencies remain the primary method, crypto is seen as a convenient and flexible tool for transactions.
Rubrik shares soared Friday, a day after the cybersecurity firm reported a lower-than-anticipated loss and higher-than-expected revenue as subscription sales grew.
(Bloomberg) -- Harold Hamm, the billionaire wildcatter and a major donor to President Donald Trump, has challenged a claim from the new US energy secretary that domestic oil companies could increase production even at prices as low as $50 a barrel.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY
Chipotle upgraded, Charter initiated: Wall Street's top analyst calls
New AI models from the likes of Google are showing that the technology can be run on fewer Nvidia chips. Will it cause another DeepSeek selloff?
As part of a wide-ranging turnaround, the beauty retailer is launching a marketplace, expanding its wellness offering and fixing up stores.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings. However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
Software is rapidly reducing operating expenses for businesses. The undeniable tailwinds fueling the industry have also led to strong returns for SaaS stocks lately as they’ve gained 4.7% over the past six months. Investing here would have been wise - at the same time, the S&P 500 shed 1.1% of its value.