
Gold price continued its downward trend, reaching its lowest level in months as demand waned after the hawkish Federal Reserve interest rate decision. It dropped to $3,925, down modestly from the August high of $4,700. This sell-off may continue as President Donald Trump prepares to escalate his attacks against Iran. Gold price technical analysis The […]
Learn more
Nvidia (NASDAQ: NVDA) shares fell 5.3% in regular trading on Friday, October 30, as a broader semiconductor selloff intensified following disappointing guidance from Intel and fresh concerns about the financial returns on artificial intelligence infrastructure spending. The decline extended beyond the initial premarket reaction, when Nvidia was down 2.9%, Broadcom fell 3.8% and AMD lost […]
Learn more
Central banks weigh rate hikes amid sticky inflation, while tech sell-offs and energy costs drag precious metals to yearly lows. Fed Officials Divided on Pace of Monetary Tightening Amid Sticky Inflation Federal Reserve officials are currently navigating strong domestic economic momentum, with third-quarter Gross Domestic Product growing at a robust 3.4% year-over-year. Core Personal Consumption […]
Learn more
US stocks fell sharply on Friday, with the Nasdaq Composite recording its largest one-day percentage decline since June 5 as disappointing results from Intel and Amazon intensified concerns about the returns on massive artificial intelligence investments. The technology-heavy index dropped 2.86% to 25,437, while the S&P 500 declined 1.82% to 7,580.07. The Dow Jones Industrial […]
Learn more