Silver futures marked their biggest sell-off in nearly four years on Monday, fueled by a sharp rise in investment demand as the metal continues to catch up with sister metal gold. Trading in the gray metal is worth just 10% of what gold sees every day, so hedge funds and …
Read More »According to an analyst, why this lateral action of the stock market will be “resolved to the upside”
It has been a largely sideways move for the stock market since early June, but a Wall Street bull is telling clients that this consolidation episode is likely to “resolve to the upside” due in part to historical credit levels. and liquidity. “Over the past week, economic data continued to …
Read More »Amazon brand value rises above $ 400 billion as TikTok enters global brand 100 for the first time
TikTok has entered the ranking of the 100 Most Valuable Global Brands for the first time, as people spend more time online during the pandemic browsing joyful and entertaining user-generated content, according to a new report. Tech giants dominated the list once again, with Amazon AMZN, + 0.34% maintaining first …
Read More »Micron shows how the cloud is saving chip makers
Memory chip maker Micron Technology Inc. was saved by a boom in data centers, adding to the growth of chip makers as the pandemic forces more companies to expand their cloud computing capabilities. . On Monday, Micron MU, + 1.35% reported better than expected fiscal gains in the second quarter …
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