In a week in which the S&P 500 sets a record in the midst of a pandemic, it’s fair to consider at least the bottom 495 parts. Michael Batnick, director of research at Ritholtz Wealth Management, points out 94% of the S&P 500 SPX, + 0.31% components trade below their …
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Editor’s note: Keep up to date with our quick summary of today’s must-read news stories and expert advice moving the precious metals and financial markets. Sign up here! (Kitco News) The US dollar rally has drawn attention to gold and silver, making recovery in precious metals more difficult, according to …
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A long-running dispute over the outcome would be a nightmare for investors, who distrust celebrity. And what is more uncertain than a contested election that raises questions about the peaceful transfer of power in the world’s largest economy? “There’s a creeping concern,” David Kotok, co-founder and chief investor of Cumberland …
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It came late in the season. The top-performing stock of the year would report the financial performance of the second quarter. Expectations would be high. Nvidia (NVDA) is the elite of its sector. Artificial intelligence. Machine learning. The graphics. All leading to dominant positions in the data center (the cloud), …
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Alibaba (BABY) posted strong growth in sales and revenue Thursday morning that exceeded Wall Street forecasts. Total revenue was up nearly 35% from a year ago and the company also posted solid increases in total and mobile users. The stock fell about 1% during early trading on Thursday, but it …
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