Pompom Baby
voted
Gold prices hit new milestones last week, reaching a fresh record high of $2,600 on Friday. Expectations of further interest rate cuts bolstered the appeal of bullion, but that is not the only reason.
The rising deficit rate in the U.S. is one of the key forces driving gold prices. Historically, Gold prices and the US deficit rate have shown good synchronicity historically:
1. From 1984 to 2000, the US deficit ra...
The rising deficit rate in the U.S. is one of the key forces driving gold prices. Historically, Gold prices and the US deficit rate have shown good synchronicity historically:
1. From 1984 to 2000, the US deficit ra...
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Pompom Baby
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$Taiwan Semiconductor (TSM.US)$ shares jumped as much as 4.8%, to touch the milestone just after the opening bell in New York on Monday, taking its share price increase this year to more than 80%. The chipmaker overtook Berkshire Hathaway earlier in June to become the world’s eighth most valuable company.
As the exclusive supplier of crucial chips for $Apple (AAPL.US)$ and $NVIDIA (NVDA.US)$, TSMC has become a fa...
As the exclusive supplier of crucial chips for $Apple (AAPL.US)$ and $NVIDIA (NVDA.US)$, TSMC has become a fa...
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Pompom Baby
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The Fed paused rate hikes in September and maintained its target range for the federal funds rate at 5.25%-5.50%. Despite this, the Fed reinforced its commitment to "higher for longer" interest rates and provided a more hawkish outlook on interest rates for 2024 compared to earlier forecasts.
According to the September dot plot, a majority of officials projected the policy rate to be within the range of 4.875% to 5....
According to the September dot plot, a majority of officials projected the policy rate to be within the range of 4.875% to 5....
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Pompom Baby
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$Chevron (CVX.US)$ Upgraded, Seen as a Good Defensive Oil Play. The Stock Rises
Strategists at RBC led by Biraj Borkhataria lifted their price target for Chevron (ticker: CVX) to $180 from $165 and raised its rating to Outperform.
$Target (TGT.US)$ Downgraded to Neutral From Overweight at J.P. Morgan
Target Downgraded to Neutral From Overweight at J.P. Morgan.
RBC Downgrades $Exxon Mobil (XOM.US)$ to Sector Perform From Outperform, Keeps Pr...
Strategists at RBC led by Biraj Borkhataria lifted their price target for Chevron (ticker: CVX) to $180 from $165 and raised its rating to Outperform.
$Target (TGT.US)$ Downgraded to Neutral From Overweight at J.P. Morgan
Target Downgraded to Neutral From Overweight at J.P. Morgan.
RBC Downgrades $Exxon Mobil (XOM.US)$ to Sector Perform From Outperform, Keeps Pr...
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Pompom Baby
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Micron Downgraded to Neutral From Buy at Mizuho
Mizuho analyst Vijay Rakesh downgraded $Micron Technology (MU.US)$ to Neutral from Buy with a price target of $56, down from $75. Recent checks show "steepening" DRAM and NAND memory price declines price declines into the December quarter and first half of 2023, Rakesh tells investors in a research note.
Barclays Downgrades Cisco on Stalled Cloud Growth, Enterprise Risks
Barclays analyst Tim ...
Mizuho analyst Vijay Rakesh downgraded $Micron Technology (MU.US)$ to Neutral from Buy with a price target of $56, down from $75. Recent checks show "steepening" DRAM and NAND memory price declines price declines into the December quarter and first half of 2023, Rakesh tells investors in a research note.
Barclays Downgrades Cisco on Stalled Cloud Growth, Enterprise Risks
Barclays analyst Tim ...
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Pompom Baby
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AMD and MU are good long term hold investments. This new bill will ensure their growth.
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