The US Department of Defense (DoD) will become the largest shareholder in MP Materials (NYSE:MP) after agreeing to purchase US$400 million worth of preferred stock in the company, which owns and operates the only rare earth mine in the United States. The rare earths producer said the proceeds from the investment will fund the expansion of its processing capabilities at ...
Jerome Powell is allegedly considering resigning as the Fed Chair, a development that could be bullish for the crypto market. This comes amid criticisms from US President Donald Trump, who is pushing for a 300-basis-point (bps) Fed rate cut. FHFA Chairman Comments On Jerome Powell’s Possible Resignation In an X post, William Pulte released a The post Breaking: Jerome Powell ...
XRP price continued its strong momentum today, July 11, as the crypto market surge gained steam. Ripple rose for the fourth consecutive day and crossed the psychological point at $2.50. Its strong technicals and ETF inflows suggest that the token will surge to $5 as Bitcoin surges to a record high. XRP Price Technical Chart The post XRP Price Prediction ...
Rich Dad Poor Dad author Robert Kiyosaki has shared his predictions about Bitcoin’s current trajectory after hitting an all-time high. According to Kiyosaki, Bitcoin might be approaching what economist Raoul Pal refers to as the “Banana Zone,” which will likely attract a surge of FOMO-driven investors, potentially leading to market volatility. Robert Kiyosaki Breaks Silence The post Robert Kiyosaki Predicts ...
If you’re serious about trading or investing, establishing a weekly market routine is a must. But where do you begin? In this eye-opening video, Grayson Roze, Chief Strategist at StockCharts, shares the method he uses every week to stay aligned with the market’s biggest drivers — the top 25 stocks by market cap. Learn how to build a customized ChartList ...
The S&P continues to push higher, with the equity benchmark almost reaching 6300 this week for the first time in history. With so many potential macro headwinds still surrounding us, how can the market continue to reflect so much optimism? On the other hand, when will bulls wake up and realize that this market is obviously overextended and rotate significantly lower? With ...
As we navigate the evolving stock market landscape, understanding key sectors and their trends is important, especially during earnings season. This week, the spotlight shines on the Financial sector, with several of the largest banks reporting. Five of the top 10 holdings within the Financial Select Sector SPDR ETF (XLF) are on deck: J.P. Morgan (JPM), Goldman Sachs (GS), Bank ...
President Donald Trump’s proposed 50% tariff on Brazilian imports is bad news for coffee drinkers. Brazil, the largest U.S. supplier of green coffee beans, accounts for about a third of the country’s total supply, according to data from the U.S. Department of Agriculture. Coffee beans need to grow in a warm, tropical climate, making Hawaii and Puerto Rico the only ...
Bronny James is back for his second year with the Los Angeles Lakers and is competing in the NBA’s Summer League. James is coming off an underwhelming performance in the Lakers’ 89-88 victory against the San Antonio Spurs during the California Classic on Tuesday. He had two points, two steals, a rebound and an assist. He shot 1-for-5 from the ...
United States women’s national team legend and two-time World Cup and Olympic gold medalist, Tobin Heath, has announced her retirement from professional soccer on her podcast, ‘The RE-CAP Show,’ at the age of 37. Heath’s decision to retire comes after a series of setbacks, including a knee injury that required multiple surgeries, keeping her out of play since 2022. During ...
World No. 12 Amanda Anisimova upset top-seeded Aryna Sabalenka 6-4, 4-6, 6-4 in the Wimbledon women’s singles semifinals and will head to her first Grand Slam final. The match was delayed twice in the first set because of Centre Court fans not feeling well, but both players endured the heat in a match that took two hours and 37 minutes. ...
President Donald Trump’s new round of tariffs —this time targeting copper— has intensified concerns about rising costs across key sectors, including healthcare. But despite significant price pressures on steel, aluminum, and now copper, all vital to medical device production, there is no indication that US hospitals are stockpiling equipment ahead of expected price hikes, according to recent findings from GlobalData. ...