Sun, April 28, 2024

News

metals - uranium price

Uranium Stocks Peak: 11.7% Production Boost & Price Hike

Quick Look: Global uranium production increased by 11.7%, reaching 60.3 kilotons due to clean energy shifts and geopolitical tensions. Uranium prices hit a 15-year high in January 2024, with investments in nuclear energy rising significantly. Kazakhstan and Canada lead in uranium production, with Kazakhstan producing nearly 40% of the global output. Uranium price per pound …

Uranium Stocks Peak: 11.7% Production Boost & Price Hike Read More »

Google Axion

Google’s Axion: 30% Faster AI & Cloud Revolution

Quick Look: Axion – Google’ Arm-based CPU enhancing Google services and cloud computing efficiency. 30% improvement over general-purpose Arm chips, 50% better than Intel’s processors. Next-gen TPU for AI model training, with more than double the capability of its predecessor unveiled.  Google aims to lead hardware development, reducing reliance on Intel and Nvidia. Axion distinguishes …

Google’s Axion: 30% Faster AI & Cloud Revolution Read More »

Stocks and China

Awaiting Inflation: U.S. Stocks Up Slightly

Quick Look: U.S. stocks show slight gains as investors seek recovery from last week’s losses, with the Dow Jones up by 10 points. Market volatility was highlighted by significant downturns last week, including a 2.3% drop in the Dow Jones. Analysts emphasise the importance of upcoming inflation data and economic indicators like CPI and PPI. …

Awaiting Inflation: U.S. Stocks Up Slightly Read More »

Stocks on Wednesday

Earnings Week Beckons: Dow Unchanged, S&P, Nasdaq Diverge

Quick Look: Dow Jones futures remain stable, while S&P 500 futures dip and Nasdaq futures rise, indicating mixed market sentiment. Upcoming earnings reports from major banks and companies like Delta Air Lines spotlight corporate health amidst economic uncertainty. This week’s economic events and inflation data are critical for the Federal Reserve’s interest rate decisions. The …

Earnings Week Beckons: Dow Unchanged, S&P, Nasdaq Diverge Read More »

soybean

Soybean Prices to Drop: Forecast Hits $1131.40 Amid Volatility

Quick Look: The bearish trend in soybean prices, with forecasts suggesting a drop to $1164.00 and $1131.40. Delay in Dynamic Soy Decision Support Tool launch to Fall 2024 for further development. Optimal soy planting dates range from mid-April to mid-May to avoid yield losses. Concerns over U.S. soy crush capacity are potentially overbuilding despite a …

Soybean Prices to Drop: Forecast Hits $1131.40 Amid Volatility Read More »

Google, Microsoft - plan about cybersecurity

2024 Cybersecurity: M&A Downturn & Innovation Surge

Quick Look: M&A activities in cybersecurity saw a decrease to $985 million across eight deals in 2024, down from $7.1 billion in 2023. Cyber threats increased 2.5x during geopolitical tensions, with 3,380 incidents reported in 2023. The security startup ecosystem remains vibrant with 522 firms; fundraising reached $620 million in 2023. Notable transactions in 2023 …

2024 Cybersecurity: M&A Downturn & Innovation Surge Read More »

Euro

Volatile Path of Euro: Key Levels and Economic Data

Quick Look: Euro faces resistance at 1.0880, with the 100 SMA at 1.0870 providing an additional barrier. Support levels were identified at 1.0820 and 1.0785, correlating with the 61.8% Fibonacci retracement. US CPI report and ECB’s interest rate decision this week are key for future direction. Euro shows resilience, bouncing off the 50-day SMA, but …

Volatile Path of Euro: Key Levels and Economic Data Read More »

Staar

Staar Beats Q1 Forecasts with $77M Revenue, Soars 16.5%

Quick Look: Staar Surgical’s Q1 revenue hit $77 million, surpassing the expected $72 million. Evo implantable lens sales in the U.S. reached $5 million, exceeding projections. The stock price soared by 16.5%, indicating strong investor confidence. Staar sets a sales forecast of $335 million to $340 million for the current year. Institutional ownership at 96.70%, …

Staar Beats Q1 Forecasts with $77M Revenue, Soars 16.5% Read More »

Silver prices lost 15% in one day

Silver Peaks at $27.25, Hits 3-Year High

Quick Look: Silver prices hit a three-year high at $27.25, a 9.4% increase, showcasing a bullish market trend. Key drivers include strong industrial data from China, a technical breakout, and a global supply deficit. Parallel rise in gold prices, with gold reaching a new high at $2,315, reflecting increased interest in precious metals. Silver’s industrial …

Silver Peaks at $27.25, Hits 3-Year High Read More »

Solidity-AI

AI at Work: Zebra, Google Cloud & Qualcomm Join Forces

Quick Look: Zebra Technologies partners with Google Cloud and Qualcomm to boost workplace productivity with AI. The initiative aims to reduce cognitive load and improve decision-making and training via AI chat. The partnership will take place at Google Cloud Next 2024 in Las Vegas. Zebra’s financial health and innovation showed a $15.05 billion market cap …

AI at Work: Zebra, Google Cloud & Qualcomm Join Forces Read More »

USD/JPY economy, Japanese Yen Rose Against U.S. Dollar Due to Risk-off Wave

USD/JPY Nears 152 Amid US Jobs Data Anticipation

Quick Look: USD/JPY approaches 152.00, with support at 151.20, hinting at further gains. Technicals show USD/JPY bullish above 150.50, with critical supports at 151.20 and 150.65. Market watchers for potential Japanese intervention around the 155.00 level. Upcoming U.S. jobs report critical for currency and interest rate directions. The USD/JPY pair has made significant headlines as …

USD/JPY Nears 152 Amid US Jobs Data Anticipation Read More »

AUD - Dollar, Economy and First recession in nearly 30 years

AUD Surges: Economic Optimism & Fed Insights Propel Rise

Quick Look: AUD gains against US Dollar amid economic optimism and ahead of US Initial Jobless Claims. Economic indicators show Australia’s robust economic performance, with services and composite PMI rising. US shows mixed economic signals; Fed officials signal readiness for rate adjustments. China’s Services PMI improvement suggests a stable recovery, affecting Australia positively. Aussie trades …

AUD Surges: Economic Optimism & Fed Insights Propel Rise Read More »

Dell: Dell computer corporate facility and logo.

Dell Skyrockets 8.6% to $128.58, Up 214% This Year

Quick Look: Dell’s shares climbed 8.6%, marking a 67% rise in 2024 and 214% over the past year. Completed a historic $60 billion merger with EMC, expanding market footprint. Analysts rate the company as a ‘Moderate Buy,’ with a target price of around $102.88. In the whirlwind of today’s trading, Dell Technologies Inc. (NYSE: DELL) …

Dell Skyrockets 8.6% to $128.58, Up 214% This Year Read More »