Gold jumps back above $4,150 after CPI shock: why yields are suddenly helping bulls
Gold rebounded above $4,150 an ounce on Thursday as a retreat in the dollar and Treasury yields gave bullion a quick reprieve from
Oil
Bitcoin
Samsung, SK Hynix stocks crash 9%-11% as risk shifts from chips to customers
Samsung Electronics and SK Hynix stocks plunged on Thursday as investors shifted focus from chip supply to the customers financing the artificial intelligence
Business
Why TSMC’s $64B spending plan shouldn’t deter investors
Taiwan Semiconductor (TSM) plans to spend as much as $64 billion on capital expenditure (capex) this year, a commitment that could understandably make
Economy
Here’s why Zillow Group, Better Home, and Opendoor stocks are rising today
Top real estate companies are rallying today. Zillow Group stock jumped 11%, while Better Home & Finance and Opendoor surged 33% and 17%,
Economy
Evening digest: US CPI lifts Fed bets as oil rises and gold, Bitcoin fall
US financial markets faced renewed pressure on Wednesday as hotter-than-expected underlying inflation reinforced expectations of further Federal Reserve rate increases. Rising energy prices
Gold
Jim Cramer reveals his favourite post-earnings bank stocks
Influential investor Jim Cramer is sticking with Goldman Sachs (GS) and Wells Fargo (WFC) after their Q3 earnings prompted contrasting reactions on Wall
Oil
Lenovo Group stock rally has stalled: will it drop further or rebound?
Lenovo Group’s share price has lost momentum since reaching its all-time high in September. The stock has fallen for three consecutive weeks to
Bitcoin
Gold dips below $4100 as stronger US inflation data spikes rate hike odds
Gold prices slid to session lows on Wednesday as hotter-than-expected US inflation data strengthened concerns that interest rates could rise in December, putting
Business
Affirm stock slips after US inflation data: here’s why it may fall to $60 soon
Affirm’s stock fell more than 11.5% on Wednesday to its lowest level since October 1, leaving it down 25% from its high for
Economy
Nasdaq closes 1.8% lower as as hotter CPI fuels Fed rate hike fears
US stocks closed lower on Wednesday as hotter-than-expected inflation data increased expectations of further Federal Reserve interest rate hikes, weighing on technology shares