Gold Jumps 7.2% and the Quiet August Myth Falls Apart
Key facts Gold rose ~7% on the week to $4,340.70/oz — its strongest weekly showing since mid-January and a seven-week high. US nonfarm
Business
Business
Riot Platforms Just Signed a $9.1 Billion AI Lease…
Riot Platforms has signed a 20-year lease for 191 megawatts of data-center capacity at its Rockdale campus in Texas, turning power once developed
Stocks
Bitcoin (BTC) Bulls Eye $67K: Can It Reclaim the High While Defending the $60K Range?
Bitcoin price slipped below the $64K mark. The bearish crossover is active, and the downtrend accelerates. The largest asset, Bitcoin (BTC), slipped below
Economy
Luxury retailer closes 41 stores worldwide
After closing hundreds of stores and offloading a major luxury brand, one of the fashion industry’s best-known groups continues to shrink its retail
Business
CoreWeave CRWV price prediction after Q2: $106 bull, $79…
CoreWeave does not need to beat the Street on Tuesday, because CoreWeave already told the Street it would not. The company guided second-quarter
Business
Nebius NBIS price prediction after Q2: $220 bull, $160 bear
Nebius is not being valued on the quarter it reports on Wednesday. It is being valued on a promise it has to keep
Investing
USD/JPY forecast: Japanese yen outlook as BoJ hints at faster rate hikes
The Japanese yen softened against the US dollar, even after the Bank of Japan (BoJ) flagged rising risks of faster interest rate hikes
Economy
Celsius rallies as billionaire investor demands leadership change
Celsius Holdings (CELH) had one of its worst days of the year on Wednesday, then one of its best two days later. The
Economy
Grocery giant rethinks supply chain plans as store closures mount
One of America’s largest grocery retailers is changing course after years of expanding its business and investing in the infrastructure behind it. The
Economy
After closing stores, retailers make a risky cash trade
Anyone watching late-night television has heard those ads that urge people to sell the rights to a structured settlement won in a lawsuit