• US stocks: Attempt to rebound after four days of selling. Nvidia rises 3.7% in normal trade • Australian markets: Could see choppy trade. Qantas shares charge • Stocks to watch: Nvidia, Qantas, Lynas, BHP US markets attempt to reverse out of its slump Is the market about to reverse out of its slump? That’s the question. US stocks are attempting to rally, after four days of selling, and the Aussie market could follow as investors boug...
US tech stocks were dragged down by China's probe into Nvidia, but everything and anything that could benefit from new Chinese stimulus roars up The Nasdaq fell 0.6%, and the S&P 500 fell by 0.6% from their record all-time high. Tech stocks, telcos, and cruise lines fell the most, while copper stocks such as Freeport-McMoRan$Freeport-McMoRan (FCX.US)$and lithi...
Nisdey
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China's probe is just well timed posturing to try and get some leverage over Trump before he takes office. Nobody still believes that TSMC aren't involved in some kind of back door shenanigans with the CCP. This is just a distraction until Trump imposes tariffs and some kind of ChinVidia pops up with a breakthrough AI accelerator. It's all well and good to design the things, but if you can't make them domestically, and your government taxes the sh*t out of the only place that can, it's all a bit pointless isn't it. And why isn't Intel doing anything at all to close the gap? Where are the industrial espionage agents learning how to replicate what is obviously a solved problem, using the very same machines they have access to. It just doesn't seem that hard to do, especially when all the odds are skewed in your favour. It's not as if the laws of physics are somehow different in Taiwan.
This is the biggest week for financial markets in 2024. The tone is a cautious but optimistic one. We’ve got the three, Es: the US Election, more company Earnings, and Economic data. Plus, the Fed’s expected interest rate cut, as well as the Bank of England’s. Meanwhile, the RBA meets and is expected to hold rates, and China’s top legislative body meets as we...
151453268 witso
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Not all green and gold , the big boys are having a litlle rest this week but my small pennys are holding the fort with saved up trading volume continue to claw forward, thanks for the daily roundup Miss Amir.
Lynas ($Lynas Rare Earths Ltd (LYC.AU)$) rallied 7.41% on no news…. It’s likely that Gina is buying more….Perhaps Rio Tinto ($Rio Tinto Ltd (RIO.AU)$) is having a nibble…. With the price of rare earths currently in the toilet, now is the time for a big player to make a takeover bid for this globally significant and strategic miner.
Lynas ($Lynas Rare Earths Ltd (LYC.AU)$) rallied 7.41% on no news….It’s likely that Gina is buying more….Perhaps Rio Tinto ($Rio Tinto Ltd (RIO.AU)$) is having a nibble….With the price of rare earths currently in the toilet, now is the time for a big player to make a takeover bid for this globally significant and strategic miner.
Gina Rinehart definitely has the firepower to takeover Lynas ($Lynas Rare Earths Ltd (LYC.AU)$); her net worth is over $40bn while the market cap of LYC is $5.9bn.
I think Gina Rineheart is going to keep accumulating Lynas ($Lynas Rare Earths Ltd (LYC.AU)$) shares and eventually make a full takeover offer for the stock…..In my view the market underestimates the strategic value of LYC’s glorious deposit of rare earths. BUY
Amid the global wave of industrialization and energy transition, the strategic value of critical minerals has become increasingly prominent. In its latest Federal Budget 2024-25, the Australian government has announced enhanced support for the critical minerals sector, committing an estimated $7.1 billion over 11 years from 2023/24 to bolster the refining and processing of these essential resources. Concu...
151453268 witso : miners were sad yesterday happy today just itching to release production, progress,and forecast details god bless em.
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