US producer prices climbed more than anticipated in December, driven primarily by a rise in service prices. The Producer Price Index for final demand rose 0.5% month-on-month, accelerating from a…
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As if the volatility in commodity markets this week was not enough, gold, silver, and copper experienced free falls on Friday as investors rushed to book profits after prices had…
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Nvidia stock was mostly flat in early trading on Friday, consolidating recent gains that have lifted the stock to its highest level since early November. Shares were down 0.1% at…
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SoFi Technologies (NASDAQ: SOFI) silenced skeptics this morning, reporting “blockbuster” Q4 financials, with revenue exceeding the coveted “$1.0 billion” mark for the first time. The financial technology specialist posted adjusted…
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SanDisk (NASDAQ: SNDK) has already witnessed an exceptional 20x rally in less than a year – but a senior Cantor Fitzgerald analyst says its “massive and unprecedented” earnings beat warrant…
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Europe enters the year in a state of strategic tension: resilient at home, uneasy abroad. Businesses are still hiring and investing, but confidence is wobbling as global risks mount. From…
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The digital gold rush of the last two years has officially moved from the cloud to the streets. In a series of high-energy appearances on CNBC this week, Wedbush Securities…
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Silver’s vertical sprint to a record around $120 per ounce on January 29 has flipped into a punishing reversal. The prices crashed on Friday as leveraged bets unwind and the…
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Ideas
Evening digest: Bitcoin slips towards $80K, Trump’s Fed pick upends markets, commodities crash
Markets are closing the day grappling with a sharp mix of policy, politics, and positioning risk. Donald Trump’s nomination of Kevin Warsh for Fed chair is forcing investors to reassess…
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Verizon (NYSE: VZ) has been a “disappointment” for investors in recent years. After flirting with $60 during the COVID pandemic, it bottomed out near $30 in late 2023 and is…