Category Archive: Finance, No picture

Metal Of The Future? Gold‘s Uses In Technology

Metal Of The Future? Gold‘s Uses In Technology

While demand for Gold as an investment has risen greatly historically, and particularly over the past year, recent technological discoveries provide powerful potential for Gold to increase in prominence as an industrial resource. While gold does provide an excellent and relatively safe store of value, its industrial use could rapidly increase its price and universal […]
Walmart Stock Moves -0.15%: What You Should Know

Walmart Stock Moves -0.15%: What You Should Know

The most recent trading session ended with Walmart (WMT) standing at $67.91, reflecting a -0.15% shift from the previouse trading day’s closing. This change was narrower than the S&P 500’s 0.16% loss on the day. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw a decrease of 0.18%.The the stock of […]
Why Consumer Sentiment Fell To A Seven-Month Low

Why Consumer Sentiment Fell To A Seven-Month Low

The University of Michigan Consumer Sentiment Survey plummeted to its lowest level in seven months. The index reading for June came in at 65.6, down from 69.1 in May and under the consensus expectation of 72. In the current conditions and expectations categories, the survey fell below economists’ expectations.Year-ahead inflation expectations were unchanged this month at 3.3%, […]
Polkadot Races Ahead: Conor Daly Drives DOT To Indy 500 Spotlight

Polkadot Races Ahead: Conor Daly Drives DOT To Indy 500 Spotlight

The Polkadot (DOT) network, a top-tier layer zero blockchain supporting dozens of web3 protocols, was part of this year’s Indianapolis 500-Mile Race at the Indianapolis Motor Speedway. The Polkadot ecosystem participated in the Indy 500 through a direct sponsorship of Conor Daly, a legendary and well-decorated race driver.The collaboration between Polkadot and Daly was a […]
Japan’s Factory Growth Slows In June Amid Rising Costs, Weaker Orders

Japan’s Factory Growth Slows In June Amid Rising Costs, Weaker Orders

Japan’s factory activity expanded for the second consecutive month in June, though the pace of growth has slowed due to weakening orders and increasing cost pressures.This is according to the latest au Jibun Bank flash Japan manufacturing purchasing managers’ index (PMI) released on Friday. Manufacturing PMI and output The manufacturing PMI stood at 50.1 in June, slightly […]
Aurora Cannabis Q4 Financials Continue To Disappoint: Stock Declines

Aurora Cannabis Q4 Financials Continue To Disappoint: Stock Declines

Aurora Cannabis Inc. Logo (CNW Group/Aurora Cannabis Inc.)On Thursday, Aurora Cannabis (ACB) announced its financial and operational results for the fourth quarter and fiscal year 2024. The information below compares Q4 2024 ended March 31st, 2024 with Q3 2024; all figures are in Canadian dollars. Go here to convert into another currency.Q4 Financial Highlights Net Revenue: up […]
YieldMax files for Ether Option Strategy ETF ahead of Ether ETF launch

YieldMax files for Ether Option Strategy ETF ahead of Ether ETF launch

Fund group YieldMax filed with the US Securities and Exchange Commission (SEC) to launch an Ether Option Income Strategy ETF on the New York Stock Exchange, Arca, according to a filing dated June 21, 2024. The move comes ahead of the anticipated launch of spot Ether ETFs in the US.The ETF, using a synthetic covered […]
Australian Dollar Closes The Week With Losses On Weak PMIs

Australian Dollar Closes The Week With Losses On Weak PMIs

Image Source: Unsplash Australian Dollar has suffered extended declines in recent sessions as RBA gains slowly fade. PMI figures from Australia reveal weaker-than-expected data. Fragility in the Australian economy seems to be driving demand off the Aussie. In Friday’s session, the Australian Dollar (AUD) intensified its losses against its peers. The AUD/USD duo has been testing its notable […]
Three Things – Is A Stock Bubble Forming?

Three Things – Is A Stock Bubble Forming?

Image Source: UnsplashHere are three things I think I am thinking about:1) The Concentration of the Mag 7 is Both Good and Bad. In a recent piece I discussed the risk of concentration in the US stock market. It’s really amazing. Almost every day now the Magnificent 7 add hundreds of billions of dollars in market cap […]
US Bank Deposits & Money-Market Funds See Small Outflows As Stock Market Decoupling Hits Record High

US Bank Deposits & Money-Market Funds See Small Outflows As Stock Market Decoupling Hits Record High

Image Source: UnsplashOn a seasonally-adjusted basis, total bank deposits rose a tiny $2.1BN increase last week as money-market funds saw a $22.3BN outflow…Source: BloombergNotably, the MM fund outflows were dominated by a $30BN decline in institutional funds as Retail funds continued to see inflows (+8BN)…Source: BloombergOn a non-seasonally-adjusted basis, total bank deposits rose by 8BN (the third […]