After underperforming its peers in 2017, Goldcorp’s (GG) stock has outperformed YTD (year-to-date). It’s also one of the few major gold stocks to have recorded a positive return YTD performance of 12.5% as of April 17. In comparison, the VanEck Vectors Gold Miners ETF (GDX) has fallen 1.5% while the iShares Gold Trust (GLD) has gained 3.0%. Peers Barrick Gold (ABX), Kinross Gold (KGC), and Agnico Eagle Mines (AEM) have fallen.
Mortgage broker Maddie Walton said Aussies are all worrying about the wrong thing.
Boeing earnings for Q1 out early Wednesday will be bleak. A lot of bad news is priced into the Dow aerospace giant, but analysts see a return to profitability by Q3.
Two U.S. senators said they hope TikTok will remain in business in the U.S. under a new owner as the chamber prepared to vote on Tuesday on legislation requiring Chinese owner ByteDance to divest the popular short video app's U.S. assets. Senate Intelligence Committee Chair Mark Warner, a Democrat, said lawmakers recognized that the short video app is used by 170 million Americans, especially young people. Driven by concerns that China could access Americans' data or surveil them with the app, the U.S. House of Representatives passed bipartisan legislation on Saturday that would give ByteDance nine months to divest TikTok with a possible three-month extension.
The rally attempt gained steam Tuesday, but big tests loom. Tesla leapt as it signaled a cheap EV is on track. Elon Musk is on deck.
Texas Instruments (TXN) reported first-quarter revenue that topped estimates and providing an upbeat outlook for the upcoming quarter. The semiconductor giant reported revenue of $3.66 billion, exceeding expectations of $3.6 billion. Furthermore, the company's forward guidance has surpassed expectations, forecasting revenue of up to $3.9 billion, where analysts were expecting $3.78 billion. Yahoo Finance's Julie Hyman and Jared Blikre break down the report. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Global shares rose on Tuesday, with investors on Wall Street focused on earnings reports from the U.S. megacaps, and the yen tumbled to multi-year lows against the dollar and the euro. Treasury yields dipped after data showed U.S. business activity cooled to a four-month low. Easing concerns about the threat of a major re-escalation of tension in the Middle East and a focus on company earnings brought renewed risk appetite from investors.
Two U.S. senators said they hope TikTok will remain in business in the U.S. under a new owner as the chamber prepared to vote on Tuesday on legislation requiring Chinese owner ByteDance to divest the popular short video app's U.S. assets. Senate Intelligence Committee Chair Mark Warner, a Democrat, said lawmakers recognized that the short video app is used by 170 million Americans, especially young people. Driven by concerns that China could access Americans' data or surveil them with the app, the U.S. House of Representatives passed bipartisan legislation on Saturday that would give ByteDance nine months to divest TikTok with a possible three-month extension.
The Federal Reserve's case on whether or not to cut interest rates in 2024 is still not settled, leading many Wall Street analysts to adjust their forecasts for a market (^DJI, ^IXIC, ^GSPC) coming to terms with a revised rate reality. Citigroup strategists, however, have stayed firm in their beliefs that there will be rate cuts as early as June or July. Citi Economist Veronica Clark joins Market Domination to discuss why Citi's Fed forecasts aren't budging. Clark states plainly: "We have a base case for June still and it very well could be July, but I think the fundamental difference for us is that we really do see this Fed as having a more dovish reaction function. It's not that we see some magical slowing in the inflation data, if anything we think inflation is pretty sticky, but we think this is a Fed that is looking at some of this labor market data, even survey data that we had this morning and the PMI services employment number, and really getting worried that we might be entering a weaker labor market and really wants to prevent that." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
Tesla (TSLA) reported first quarter results that missed analyst estimates on both the top and bottom lines. Adjusted earnings per share of $0.45 fell short of the $0.52 Wall Street was expecting. Revenue of $21.3 billion fell short of the estimated $22.3 billion. Operating income also missed, $1.17 billion versus the $1.53 billion estimate. However, the company said it plans to accelerate the launch of new models, including a more affordable one. Yahoo Finance's Julie Hyman and Jared Blikre are joined by Roth MKM Senior Research Analyst Craig Irwin to break down the results. On the earnings, Irwin credits Tesla for better-than-expected gross margin results, but says the company "needs to start growing again." Irwin gives his thoughts on what to expect from the conference call for Tesla's earnings: "They're going to give it a shot to get us excited about robotics and AI on the call. Elon has got some explaining to do, FSD, the price was only ever supposed to go up and we got 12,000 to 8,000 this last week and I guess subscriptions are no longer $200 a month or $100 a month, and they're really pushing hard on FSD and personally, I'm a bear, but there are people out there that like it. We'd need to see attach rate goes up, and for there to be some elasticity of demand here. I'm kind of skeptical." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.This post was written by Nicholas Jacobino and Stephanie Mikulich
NASHVILLE, Tenn., April 23, 2024--Melanie McFaddin, representative of Wiley Bros – Aintree Capital &Partners, LLC ("WBAC") is pleased to announce its representation of Theoris, Inc. ("Theoris" and the "Company") in its sale to CoreTech Consulting Group, LLC ("CoreTech"). Theoris’ addition to the CoreTech portfolio of companies expands its presence in the MidWest.
RALEIGH, N.C., April 23, 2024--Great Neck Realty Co. is marketing the intellectual property (the "Assets") of BOA Nutrition, Inc., ("Company" or "BOA"), an innovative sports nutrition and wellness company that specialized in producing oral aerosol energy supplements tailored to athletes and fitness enthusiasts of all ages and skill levels.
MINSAMA's L3849 diamond plate excels in thermal management, ready to revolutionize electronics cooling by 2024. MINSAMA's L3849 diamond plate: "before" and "after" thermal images MINSAMA's L3849 diamond plate excels in thermal management, ready to revolutionize electronics cooling by 2024. San Jose, CA, April 23, 2024 (GLOBE NEWSWIRE) -- MINSAMA LLC, a prominent name in software development and high-tech equipment manufacturing, today announced a remarkable breakthrough in thermal management sol
"The right one will come when you’re least expecting it," Hannah Bullerman tells PEOPLE
President’s re-election campaign believes the Sunshine State — which hasn’t gone to a Democrat in a presidential election since 2012 — is now seriously in play
LOS ANGELES, CA, April 23, 2024 (GLOBE NEWSWIRE) -- AERWINS Technologies Inc. (Nasdaq: AWIN) (“AERWINS” or “the Company”) today announced that on April 17, 2024, the Company received an Additional Staff Delisting Determination (the “Additional Staff Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”). The Additional Staff Determination noted that the Company is now delinquent in filing its Form 10-K for the period ended December 31, 2023 (the “For
The news last week that Participant Media would be shutting down shocked the entertainment industry, but it hit the documentary community with particular force. Going back 20 years, the production and distribution company has supported premium nonfiction content on a major scale, backing documentaries that took on important social and political issues ranging from climate …
Abbey was emotionally and financially exhausted after arguing with her landlord.
Drew AngererDisgraced ex-Republican George Santos has killed his short-lived bid for a new seat in Congress, announcing his withdrawal from the race for New York’s 1st Congressional District on Tuesday.“I have decided to withdraw from my independent run for #NY1,” Santos wrote on X. He added that he didn’t want his run to be portrayed as a “reprisal against” incumbent Nick LaLota, a fellow GOP rep Santos has said he personally dislikes.Still, Santos didn’t miss the chance to throw one last parti
McCarthy and Wahlberg cope with distance in their marriage by making FaceTime their best friend — and they even fall asleep with it
Carpenter earned her first top 10 hit on the Billboard Hot 100 for "Espresso"
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