Investing.com | Editor Ambhini Aishwarya Published Oct 04, 2023 01:02AM ET In the wake of a bearish phase that began in August, the cryptocurrency optimism price (OP) is currently grappling with resistance at the $1.36 mark. As of Wednesday, OP was priced at $1.28, according to market data. Large-scale investors, often referred to …
Read More »Gold and silver futures continue decline amid rising US yields By Investing.com
Investing.com | Editor Malvika Gurung Published Oct 04, 2023 12:20AM ET Gold and silver futures continued their downward trend for the seventh consecutive day on Wednesday, influenced by the surge in US yields. Gold traded below Rs 57,000 per 10 grams, marking a decrease in MCX gold futures for December 5 to Rs …
Read More »Investing in BLD Plantation Bhd (KLSE:BLDPLNT) five years ago would have delivered you a 59% gain
When we invest, we’re generally looking for stocks that outperform the market average. And while active stock picking involves risks (and requires diversification) it can also provide excess returns. For example, the BLD Plantation Bhd. (KLSE:BLDPLNT) share price is up 57% in the last 5 years, clearly besting the market …
Read More »How the National Trust Is Investing in HBCUs
“Preservation is a revolutionary act.” These are the words from Dr. Kwesi Daniels, head of the architecture department at Tuskegee University, that open the new documentary about the work of the HOPE Crew (hands-on preservation experience), a fellowship program from the National Trust for Historic Preservation in partnership with the …
Read More »Zoom enters document management market with AI-driven ‘Zoom Docs’ By Investing.com
Zoom Video Communications (NASDAQ:ZM), the video conferencing company, has launched ‘Zoom Docs’, an artificial intelligence (AI)-driven document management tool. The announcement was made at the firm’s annual conference on Tuesday, aiming to enhance its platform amid post-lockdown office returns and stiff competition from tech giants Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOGL). …
Read More »Litecoin rebounds from 2023 low, whale investors and halving event influence price By Investing.com
Investing.com | Editor Rachael Rajan Published Oct 03, 2023 05:51PM ET Litecoin (LTC), a prominent digital currency, has seen a significant recovery in its value, rebounding from a 2023 low of $58 to retest the $70 mark on Monday. This resurgence in price was primarily driven by Litecoin whale investors, who significantly increased …
Read More »Intel to spin off Programmable Solutions Group, eyes IPO By Investing.com
Intel Corp (NASDAQ:INTC). is set to spin off its Programmable Solutions Group (PSG) into a standalone entity, a move designed to fortify its presence in the field-programmable gate array industry. The company’s CEO, Pat Gelsinger, views this as an opportunity for the tech giant to refocus on its core operations. …
Read More »Monthly Market Insights: The Investing Blind Spot That Could Cost You
Déjà vu. A US government shutdown was narrowly averted over the weekend. Members of Congress voted to extend funding for another 45 days, essentially kicking the can down the road. The threat of a potential shutdown — and worries about a prolonged period of higher interest rates — contributed to September …
Read More »Cal-Maine Foods shares plunge 12% on Q1 Miss By Investing.com
Cal-Maine Foods (NASDAQ:CALM) shares dropped more than 12% after-hours following the company’s reported Q1 results, with EPS of $0.02 coming in worse than the consensus estimate of $0.33. Revenue fell 30% year-over-year to $459.3 million, missing the consensus estimate of $473.37M, primarily due to the decrease in the net average …
Read More »5 Reasons Why Arcos Dorados Is a Perfect Investment for 2024
Arcos Dorados is McDonald’s largest franchisee, with exclusive operations in 20 countries. Its markets are expected to lead local economies and global growth. The stock trades at a value to McDonald’s, pays a dividend, and has a lower beta. Arcos Dorados Holdings Inc (NYSE:ARCO) is worth a look if you …
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