Text size Carl Hof / Getty Images SoftBank Group made big bets on Amazon. com, Alphabet, Adobe, and other technology stocks in the June quarter as part of their program to temporarily stash proceeds from recent asset sales. As of June 30, SoftBank had a $ 1 billion stake in …
Read More »Gold prices pop higher than Buffett shares of the second largest miner in the world
Gold prices rose higher on Monday, partly supported by a slide in government bond yields and the US dollar, which were the attraction of the precious commodity. But the yellow metal may also have attracted extra interest after a public submission that offered a glimpse of Warren Buffett’s Berkshire Hathaway …
Read More »S&P 500 closes week near record high. Is this a stock market?
Text size Michael M. Santiago / Getty Images It’s like the bear market never happened. And maybe just did that. The stock market had another good week, with the S&P 500 index ending 0.6% to 3372.85; the Dow Jones industrial average rose 497.54 points, or 1.8%, to 27,931.02; and the …
Read More »S&P 500 closes week near record high. Is this a stock market?
Text size Michael M. Santiago / Getty Images It’s like the bear market never happened. And maybe just did that. The stock market had another good week, with the S&P 500 index ending 0.6% to 3372.85; the Dow Jones industrial average rose 497.54 points, or 1.8%, to 27,931.02; and the …
Read More »Gold tumbles over 4%, set for sharpest daily slide in 5 months as pop yields
Gold futures fell sharply on Tuesday, bringing bullion on course for its steepest daily slide in nearly five months, as global equities were buoyed by hopes of a coronavirus vaccine being approved by Russia, though that approval was met with some skepticism by experts. However, Dr Anthony Fauci, director of …
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