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Sector Update: Tech Stocks Slide Late Afternoon

Tech stocks were slipping late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) easing 0.3% and the SPDR S&P Semiconductor ETF (XSD) falling 1%.

Sector Update: Tech Stocks Slide Late Afternoon 2024/07/23 15:56

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Cocoa Prices Fall Back on Demand Concerns

September ICE NY cocoa (CCU24 ) on Tuesday closed down -112 (-1.33%), and September ICE London cocoa #7 (CAU24 ) closed down -36 (-0.53%). Cocoa prices on Tuesday fell back on long liquidation pressure after Monday's extraordinary rallies of +9.22% in NY cocoa and +7.95% in London cocoa. Cocoa prices...

Cocoa Prices Fall Back on Demand Concerns 2024/07/23 16:08

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How much is Bitcoin worth today?

Bitcoin is worth around $43,850 today, with its price consolidating ahead of the key spot ETF decision in the U.S.

Bitcoin's (BTC) price has been intensely scrutinized as investors and analysts watch for signs of its next major move.

As of Jan. 5, BTC's price was stabilizing around $43,850 after a 4.75% drop from its local high, suggesting a cautious market awaiting decisive moves.

The drop appeared amid rumors of U.S. regulators rejecting a round of spot exchange-traded fund (ETF) applications, which have been a critical point of focus for the crypto community.

Read more


How much is Bitcoin worth today? 2024/01/05 07:46

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Cocoa Prices Fall Back on Demand Concerns

September ICE NY cocoa (CCU24 ) on Tuesday closed down -112 (-1.33%), and September ICE London cocoa #7 (CAU24 ) closed down -36 (-0.53%). Cocoa prices on Tuesday fell back on long liquidation pressure after Monday's extraordinary rallies of +9.22% in NY cocoa and +7.95% in London cocoa. Cocoa prices...

Cocoa Prices Fall Back on Demand Concerns 2024/07/23 16:08

NY Coffee Prices Give Back Most of Monday's Rally

September arabica coffee (KCU24 ) on Tuesday closed down -3.95 (-1.63%), and Sep ICE robusta coffee (RMU24 ) closed down -100 (-2.18%). Arabica coffee prices on Tuesday closed down -1.63%, giving back much of Monday's rally of +2.04%, which was sparked by news of no rain last week in Brazil....

NY Coffee Prices Give Back Most of Monday's Rally 2024/07/23 16:08

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Sector Update: Tech Stocks Slide Late Afternoon

Tech stocks were slipping late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) easing 0.3% and the SPDR S&P Semiconductor ETF (XSD) falling 1%.

Sector Update: Tech Stocks Slide Late Afternoon 2024/07/23 15:56

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Amazon Updates Prime Video Interface

(RTTNews) - Amazon (AMZN) has revamped its Prime Video interface to bring "clarity and simplicity back to streaming."

Amazon Updates Prime Video Interface 2024/07/23 14:54

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Time to Buy Tesla, GM, or Ford's Stock as Q2 Earnings Approach?

Second quarter results from the major automakers will be a highlight of this week’s earnings lineup with Tesla TSLA and General Motors GM set to report on Tuesday, July 23.

Time to Buy Tesla, GM, or Ford's Stock as Q2 Earnings Approach? 2024/07/22 17:00

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IART Quantitative Stock Analysis - Benjamin Graham

Below is Validea's guru fundamental report for INTEGRA LIFESCIENCES HOLDINGS CORP (IART). Of the 22 guru strategies we follow, IART rates highest using our Value Investor model based on the published strategy of Benjamin Graham. This deep value methodology screens for stocks tha

IART Quantitative Stock Analysis - Benjamin Graham 2024/07/23 16:27

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Here is What to Know Beyond Why Netflix, Inc. (NFLX) is a Trending Stock

Netflix (NFLX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Here is What to Know Beyond Why Netflix, Inc. (NFLX) is a Trending Stock 2024/07/23 09:00

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TECH TUESDAY: Assessing the ‘Incredible Capability’ of Gen AI

Generative artificial intelligence represents “probably the single largest shift in how we interact with data, information, and each other since the advent of the very earliest Internet.”

TECH TUESDAY: Assessing the ‘Incredible Capability’ of Gen AI 2024/07/23 09:31

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Gold, Bitcoin Prices Rise After Trump Assassination Attempt

Market participants braced for volatility on Monday (July 15), gravitating toward safe-haven assets following an assassination attempt on former US President Donald Trump over the weekend. Gold closed at US$2,411.23 per ounce on Friday (July 12) and rose as high as US$2,433.32 on Monday (July 15). The price of Bitcoin also increased, hitting a two week high of US$62,698. Meanwhile, Trump Media & Technology Group’s (NASDAQ:DJT) share price leaped by 31.8 percent to close at US$40.58 on Monday. The company is owned by Trump and runs the social network Truth Social. The assassination attempt occurred at a rally in Pennsylvania on Saturday (July 13). A shot hit Trump's right ear, and he was quickly taken off stage; his campaign later reported that he sustained only a minor wound.One rally attendee was killed, while two others were critically injured. The Federal Bureau of Investigation is treating the incident as an assassination attempt, and although the shooter has been identified, the investigation is ongoing. Expect volatility for risk assets, market experts say Speaking to Bloomberg after the incident, Frank Monkam, senior portfolio manager at Antimo, said it is likely to be the "grand opening" for market volatility that will primarily affect risk assets.On the flip side, safer sectors are likely to benefit, at least in the near term. Quincy Krosby, chief global strategist at LPL Financial, explained this dynamic to Reuters, saying, "As with any geopolitical event underpinned by mounting concern or outright fear — especially given the opening of the Republican convention — gold would have a strong bid, coupled with a pickup in demand for Treasuries.”The dollar, which has been softening due to the market's perception that the US Federal Reserve may cut interest rates in September, could gain if the safety trade gains momentum, he told the news outlet. Jack Ablin, chief investment officer at Cresset Capital, highlighted the aggravating role of political violence. "The specter of political violence introduces a whole new level of potential instability. It's uncertainty and volatility, and of course markets don't like that. The attempted assassination probably enhances Trump's reputation for strength," he said. For his part, Charles-Henry Monchau, chief investment officer at Banque SYZ, focused on the impact that the assassination attempt could have on election results. "Should the election become a landslide victory for Trump, this probably reduces uncertainty, which is positive for risk assets. Meanwhile, this could lead to more upward pressure on bond yields and a steepening of the yield curve," he commented to Bloomberg. Don’t forget to follow us @INN_Resource for real-time news updates!Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Gold, Bitcoin Prices Rise After Trump Assassination Attempt 2024/07/15 16:45

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Stocks to Watch: DuPont, Nike, KB Home are stocks to watch

Among the companies whose shares are expected to see active trade in Friday’s session are DuPont, Nike, and KB Home.

Stocks to Watch: DuPont, Nike, KB Home are stocks to watch 2014/06/27 06:48

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