Month: November 2020

It’s been a rough couple of months for the precious metals space, and while silver (SLV) managed to hold its August lows leading into Thanksgiving, gold (GLD) has come crashing down through the $1,860/oz level. This sharp decrease on the back of three months of technical weakness has left the metal more than 13% off its highs, which is
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U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell are seated to testify before a House Financial Services Committee hearing on oversight of the Treasury Department’s and Federal Reserve’s coronavirus disease (COVID-19) pandemic response on Capitol Hill in Washington, U.S., September 22, 2020. Joshua Roberts | Reuters The Federal Reserve could provide clues
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Shares of Merck (NYSE:MRK) stock remain 12% below where they started the year, while the value of other drug companies have soared. Source: Atmosphere1 / Shutterstock.com While Merck is one of the most respected drug makers out there, it was seen to be behind the curve when it comes to the novel coronavirus. It is
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I have to hand it to the management of fossil-fuel giant Exxon Mobil (NYSE:XOM). Despite all of the issues plaguing the energy sector, Exxon Mobil’s executives seem committed to maintaining the high dividend yield of  XOM stock. Source: Jonathan Weiss / Shutterstock.com Is this commendable or just stubborn? That’s a legitimate question as the onset of
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SpaceX prototype rocket Starship SN8 stands on the company’s launchpad in Boca Chica, Texas before an engine test. @LabPadre SpaceX is aiming to launch its latest Starship rocket prototype as early as “next week,” CEO Elon Musk said on Tuesday, in what would be the company’s most ambitious flight test of the rocket to date.
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The artificial intelligence (AI) market is rapidly growing in North America and the world. The novel coronavirus pandemic has only exacerbated the need for AI leading to explosive growth rates. That makes AI stocks excellent prospects for any portfolio. With the industry projected to exceed $200 billion by 2026, you would want to gain exposure
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Richard Newstead | Moment | Getty Images Drones have arrived on Wall Street. Goldman Sachs, the world’s top mergers advisor, is among investment banks using drone technology to give its clients a bird’s-eye view of the companies they are bidding on, according to Stephan Feldgoise, the firm’s global co-head of mergers and acquisitions. After Covid-19
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