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Debt ceiling deal a huge relief but focus now switches to the jobs report

It’s been another uninspiring session on Tuesday with traders buoyed by the deal reached on the debt ceiling but still concerned about inflation and...

May 30, 2023, 5:03 pm

Soma gold says 'outperformed' on most metrics in q1 as it continues to ramp up production

(Kitco News) - Soma Gold (TSXV: SOMA) said today that its Q1 2023 revenue of C$16.0 million, income from mine operations of C$6.6 million and net inco...

May 30, 2023, 4:23 pm

This week in etfs: blackrock debuts two actively managed funds

In the days leading up to the holiday weekend, it was fairly quiet in the ETF industry. The most remark...

May 30, 2023, 3:41 pm

Ai stock alert: why is c3.ai up 22% today?

One of the most-watched stocks today has to be C3.ai (NYSE: AI ). Ahead of the company's upcoming earnings report tomorrow, shares of AI stock are ex...

May 30, 2023, 3:27 pm

Dollar turns to us employment report for more fuel

The US dollar has been firing on all cylinders lately, capitalizing on bets that the Fed will raise rates one final time this summer. Yet, Fed officia...

May 30, 2023, 3:04 pm

Medical properties trust: high yield and capital gains potential

When a stock trades at low price-earnings multiples in conjunction with a high dividend yield, it should raise some concerns. That is especially true ...

May 30, 2023, 2:58 pm

Us consumer confidence fell to 102.3, employment saw most significant deterioration

US Conference Board Consumer Confidence dropped from 103.7 to 102.3 in May, but beat expectation of 99.1. Present Situation Index fell from 151.8 to 1...

May 30, 2023, 2:24 pm

Meet the ceo of tech darling nvidia

Jensen Huang is the Taiwan-born electrical engineer who co-founded Nvidia, the world's most valuable ch...

May 30, 2023, 2:16 pm

Merck: solid pharma buy with strong upside if keytruda patents extended

Merck has been the best performing Big Pharma stock apart from Eli Lilly over the past 3 years, 1 year, and 3 months. The company drove $59.3bn of rev...

May 30, 2023, 2:03 pm

Wti oil: oil price tumbles on fading risk sentiment

Oil fell sharply on Tuesday, losing almost 4% until early US session, as risk sentiment soured on fresh concerns about the US debt ceiling deal, while...

May 30, 2023, 1:48 pm

Hyb: revisiting this high yield cef after the dividend cut

The New America High Income Fund is a U.S. high-yield closed-end fund that has been around for almost 40 years and has gone through various market cyc...

May 30, 2023, 1:43 pm

A majority of global central banks now expect gold to grow as a reserve asset while views on the us dollar turn dimmer

Most central banks now expect gold to make up a greater share of reserves, World Gold Council found. Meanwhile, half of banks expect the US dollar's s...

May 30, 2023, 1:36 pm

: u.s. stocks open mostly higher, with gains led by tech-heavy nasdaq

U.S. stocks opened mostly higher Tuesday, with gains led by the technology-heavy Nasdaq Composite, after a debt-ceiling deal was reached over the long...

May 30, 2023, 1:32 pm

Ark innovation etf rises sharply, cathie wood views its top holding tesla as ‘most obvious beneficiary' of recent ai breakthroughs

Cathie Wood's ARK Innovation ETF was rising sharply Tuesday, as shares of its largest holding Tesla Inc. jumped and technology stocks rallied amid ong...

May 30, 2023, 1:32 pm

I was wrong about nvidia

I was wrong about Nvidia Corporation in my most recent article. The company put out the best earnings r...

May 30, 2023, 1:27 pm

The 3 most undervalued ev stocks to buy before they drive higher

We are all aware that the automotive future is electric, and there is no better time than now to invest in our future. If you are optimistic about the...

May 30, 2023, 1:01 pm

Us dollar sinks further as treasury yields drop

The US dollar is near the lows of the day as American traders return from a long weekend and digest the debt ceiling deal.Early debt ceiling deal esti...

May 30, 2023, 12:27 pm

Jpmorgan (jpm) slashes around 500 jobs across divisions

JPMorgan (JPM) cuts almost 500 jobs across several divisions after slashing 1,000 jobs at First Republic Bank....

May 30, 2023, 12:25 pm

Icahn enterprises: breaking down the short seller report

Carl Icahn (Trades, Portfolio) is a legendary investor who is known for being Wall Street's most feared...

May 30, 2023, 12:11 pm

Debt deal could also sway crypto prices

Bitcoin is up almost 60% for the year, but down about 7% within the past month. As White House negotiations to raise the debt limit continue, it could...

May 30, 2023, 11:35 am


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