Silver has dramatically outperformed gold this year, with prices surging by nearly 100% as of early December. The rally has been marked by sharp swings, driven by shifting economic signals and evolving trade tariff policies, and with high uncertainty persisting, ING Group anticipates further market volatility. The recent strength of silver is attributable to several
Broadcom stock (NASDAQ: AVGO) plummeted nearly 9% on Friday after the chipmaker warned that surging AI revenue would carry lower profit margins. The development disappointed investors who had been betting on the company’s transition into custom chips for hyperscalers. Friday’s sell-off came despite the company beating Wall Street estimates with fiscal Q4 revenue of $18.02
Nvidia stock (NASDAQ: NVDA) continues to trade in red for the fourth straight session as a wave of profit-taking swept across semiconductor stocks. The artificial intelligence stocks are witnessing a broader volatility after Oracle’s disappointing cloud revenue guidance and a stark margin warning from Broadcom that exposed uncomfortable truths about AI chip profitability. Nvidia stock
The US seizure of a Venezuelan oil tanker this week could worsen Cuba’s already shaky energy situation. The Communist-run island is beset by persistent fuel shortages, causing rolling blackouts that linger for hours every day. Cuba mostly depends on Venezuelan crude and refined merchandise to sustain its precarious electrical grid. A lot of this fuel comes on
Shares of Fermi plunged 40% on Friday after the data-center real estate investment company disclosed that a prospective anchor tenant had terminated a funding agreement tied to its marquee Texas project. The decision, affecting a commitment of up to $150 million for construction of Project Matador, marks the sharpest setback yet for the newly listed
Silver price refreshed its record high on Friday, proving that the rally was not just Fed-driven. With the persistent economic uncertainties and geopolitical risks, investors are seeking exposure in the white metal, which they expect to rally further. This sentiment has bolstered silver ETF inflows, with November marking its highest level since July. Besides, its
Cryptocurrencies performed relatively well on Friday as the value of all tokens increased by 3% in a day to $3.14 trillion. Amidst the improved sentiments, PYTH outperformed the broader market with a nearly 7% uptick on its daily chart. The digital token flipped bullish after Pyth Network revealed bold plans for its next growth phase.
Oracle stock (NYSE: ORCL) plunged 5% on Friday after Bloomberg reported that the cloud giant has pushed back the completion of several data centers being built for OpenAI from 2027 to 2028. The delay ignited fresh investor anxiety about Oracle’s $300 billion bet on AI infrastructure and its ability to convert aggressive capex spending into
Rivian Automotive Inc (NASDAQ: RIVN) rallied more than 15% today after the electric vehicles (EV) specialist showcased bold plans to accelerate its push into autonomous driving. At its inaugural “Autonomy & AI Day”, the company unveiled a proprietary autonomy processor, a full artificial intelligence (AI) driving stack, and a self-driving subscription service slated for 2026.
Like a thrilling corporate drama, the battle for Warner Bros Discovery acquired a sensational new subplot last week when, not willing to let go, Paramount Skydance made a comeback with a $108.4 billion all-cash hostile bid for the studio powerhouse, just days after WBD had sealed a deal with Netflix. Paramount went straight to investors