ING sees gold near $5,000/oz by year‑end despite current weakness
Gold has fallen about 12% since the Iran conflict began, defying its traditional safe‑haven role. ING strategist Ewa Manthey says the sell‑off reflects
Business
Business
Moderna stock soars as hantavirus fears spark outbreak trade
Moderna shares surged on Monday as investors rushed into vaccine and biotech stocks following reports of a hantavirus outbreak linked to a cruise
Business
Why Nvidia stock is beating the broader market today
Nvidia (NVDA) stock rose in early trading Monday as investors positioned ahead of the chipmaker’s upcoming earnings report, with shares approaching a fresh
Investing
Pound steadies as USD firms on Fed bets, Iran risks
The pound struggled to extend gains against the dollar on Monday, with GBP/USD failing to build on a modest intraday bounce as fresh
Investing
USD/ZAR forecast: Rand outlook amid Ramaphosa impeachment risks
The USD/ZAR exchange rate will be in the spotlight this week as investors react to a recent court ruling that raised impeachment risks
Economy
Can Europe’s €200 billion EV push break China’s battery dominance?
Almost €200 billion is set to be committed across the European Economic Area and Switzerland to build out the electric-vehicle ecosystem, underlining the
Economy
HSBC sees explosive upside for S&P 500 despite global risk fears
HSBC has raised its year-end target for the S&P 500 to 7,650 from 7,500, arguing that a run of strong quarterly earnings has
Economy
Bitget IPO Prime taps into $4T AI opportunity with OpenAI
Bitget has added OpenAI (preOPAI) as the second listing on its IPO Prime platform, extending pre-IPO access to one of the most closely
Economy
Alphabet plans first Yen bond sale to help fund AI expansion
Alphabet (GOOGL) plans to issue Japanese yen-denominated bonds for the first time as the technology giant seeks additional funding for its rapidly expanding
Economy
Strategy (MSTR) adds $43M in Bitcoin as Saylor revives aggressive buying
Strategy, the bitcoin-focused company (previously known as Microstrategy), has expanded its cryptocurrency holdings once again, purchasing an additional 535 BTC for approximately $43