Spot gold was up 0.2% at $1,818.23 per ounce by 0510 GMT after hitting its highest since September 2011 on Monday. U.S. gold futures rose 0.2% to $1,821.10. European Union leaders reached a deal on a massive stimulus plan for their coronavirus-blighted economies after a fractious summit that went through the night and into its fifth day. …read more […]
Jul.20 — Joni Teves, precious metals strategist at UBS Investment Bank, discusses the outlook for gold and silver. Both metals have surged this year as the coronavirus pandemic roiled the global economy, spurring sustained demand for havens even as some lockdowns were eased. Teves speaks with Haslinda Amin and Rishaad Salamat on “Bloomberg Markets: Asia.” …read more […]
Southeast Asian low-cost carriers, a key growth engine for planemakers and leasing companies for a decade before the pandemic, are faltering financially as demand plunges, raising questions over whether they can replace and double their fleets. Auditors for Malaysia’s AirAsia Group Bhd and Vietnam’s VietJet Aviation JSC are concerned about cashflows and funding, while Indonesia’s Lion Air has put the brakes on a planned flotation. …read more […]
(Bloomberg) — Microsoft Corp. President Brad Smith raised concerns to U.S. lawmakers about what the company regards as Apple Inc.’s anti-competitive behavior around its app store, according to a person familiar with the matter.Smith, who is also chief legal officer, was invited by the House of Representatives’s antitrust subcommittee to share his experiences around Microsoft’s own antitrust battle with the U.S. government in the late 1990s. During the conversation, which occurred weeks ago, he discussed the company’s issue with Apple, said the person, who asked not to be identified because the discussion was private.The House Judiciary Antitrust Subcommittee will hold …read more […]
IBM has jettisoned some of its legacy business to focus on the high-margin cloud computing business, an area that has seen a lot of action in recent years as companies ramp up their digital shift to boost efficiency. Revenue from the cloud business, previously headed by Krishna, rose 30% to $6.3 billion in the second quarter. …read more […]
Video Conferencing Platform InfernoAR Experiencing Global Demand SANTA CRUZ, Calif. and TORONTO, July 20, 2020 — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, AR learning applications, […]
The company said demand for video streaming and productivity products remained high as lockdowns introduced around the world to restrict the spread of the coronavirus resulted in an increase in the number of people working from home. The Swiss-U.S. maker of computer peripherals raised its sales outlook for the 2021 fiscal year to 10% to 13% growth from mid single-digit percentage gain in constant currency. The company also raised its annual outlook for non-GAAP operating profit in the range of $410 million to $425 million from $380 to $400 million. …read more […]
NEW YORK, July 20, 2020 — Weyland Tech, Inc. (OTCQX: WEYL), a leading global provider of eCommerce, mCommerce, and fintech business enablement solutions, has introduced a new augmented reality module (AR) for its award-winning CreateApp(TM) platform-as-a-service used by businesses […]
The days when Nokia (NOK) handsets were all the rage are now a bygone era. The former market leader sold its phone business to Microsoft in 2014, and although today the Finnish tech company remains a major multinational telecommunications player, since the “glory years,” shares have been in decline.However, following the coronavirus infected bloodbath, shares have been on a rally, and are up by 81% since bottoming out on March 16. Worries the momentum could be short lived surfaced recently when rumors began circulating that Verizon was planning to replace the company as its 5G supplier – a rumor Verizon …read more […]
Last week’s news cycle was dominated by the Twitter (TWTR) hack. Accounts of well-known public figures – including those of ex-President Obama, billionaires Elon Musk and Jeff Bezos and various other high-profile names – were breached.It is not a good look for the micro-blogging platform, which will be hoping for a more positive slew of headlines after it reports Q2 earnings before market opens on Thursday, July 23.However, Wedbush analyst Michael Pachter is not convinced there will be an abundance of those. Although the analyst thinks “sequential audience growth could surprise positively,” Pachter’s expectations are dampened ahead of the quarterly …read more […]
Posted by OFX AUD – Australian Dollar The Australian dollar crept back above 0.70 US cents through trade on Monday, buoyed by an uptick in risk appetite. Investors chased risk assets higher following reports further COVID-19 vaccine trials showed promising results. AstraZenica, in partnership with Oxford University, released results of trials that … Continue reading “AUD fails to significantly extend upturn as risk sentiment begins to moderate”The post AUD fails to significantly extend upturn as risk sentiment begins to moderate appeared first on . …read more […]
(Bloomberg) — A year ago, you couldn’t get Wall Street to touch most gold miners’ stocks. Today, it’s throwing billions at the industry.Precious-metals miners once seen as too leveraged and high-risk for the typical investor raised $2.4 billion in secondary equity offerings during the second quarter, data compiled by Bloomberg show. That’s the most since 2013 and seven times more than the funds they raised a year earlier.With the Covid-19 crisis threatening economies worldwide and gold prices soaring on the heels of monetary and stimulus programs, precious-metals companies have become the darlings of the investment community. The sector, which once …read more […]
Can any superlatives be added to the increasingly long list of ones already used to describe Novavax’ (NVAX) progress in 2020? Words such as stupendous, incredible, and amazing can by now hardly do justice by to the meteoric- there’s another one – rise of the vaccine specialist. The evidence: Novavax’ share price has increased by 3,370% year-to-date.Apart from the early promise shown by its COVID-19 vaccine candidate, NVX-CoV2373, Novavax’ surge has been built on accelerating momentum. Eventually though, the vaccine player will have to back up the share gains, government grants and analysts’ ratings with positive trial results.NVAX’ latest surge …read more […]
My YouTube channel is exploding…
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Check it out now!
Just click the link below!
For more information on day trading and more… join me in The War Room today!
The post The Ultimate No-B.S. Guide to Day Trading! appeared first on Investment U. …read more […]
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