Bank of England Probes Data Mining Lending Fueling AI Bets
The Bank of England is investigating the rise of financiers lending to data centers as a way to speculate on the future of AI, Bloomberg said. The UK’s top bank…
Stocks trading at new highs as buyers plow in ahead of key earnings next week
The major stock indices are extending to new session rise as the day works toward a close. The NASDAQ index is up 317 points or 1.3%. The S&P index is…
‘Intenders’ poised to enter equity markets within one year, expand investor base: Sebi survey
The number of intenders could be as high as 39.7 million, according to calculations by Mint based on data from the survey. The study found that 22% of non-investors who…
Zelle explores stablecoin rails for global money transfers
Zelle is building its international expansion on the backbone of stablecoin technology in a move to translate its domestic payment dominance into a global language of faster, cheaper cross-border transactions.…
Stock Market Technical Analysis and Trading
Watch this video on YouTube!youtu.be/z-U0qCskrJw Junk Bonds & Stocks Allay Investors’ FearsTrading S&P500 Futures or Forex on 4-Hour Intraday ChartsEuro Looks Vulnerable as Yen Breaks DownHas Dollar Bottomed?Gold: Do They…
Winter Wheat Contracts See Strength, as Spring Wheat Slips Back
The wheat complex is mixed at midday, with the winter wheats showing the strength. CBT soft red wheat was fractionally mixed, with nearbys lower and deferreds higher. December was 8…
Ethereum Nears Critical Price Zone: Relief Rally Ahead?
Ethereum is trading just below a key resistance level after holding support at $3,800. Market focus is now on whether buyers can push through the overhead pressure or if the…
My No. 1 “Government Equity” Stock
There’s a saying in trading that goes… “If you’re hearing the news, the move’s already priced in.” Case in point… Last week, Scott Bessent told CNBC that the U.S. government…
US stocks really close at record levels as traders await Fed and key earnings next week
The major US stock indices closed at new record levels. Lower-than-expected CPI, the expectation for Fed cut next week, and FOMO (fear of missing out), sent prices higher. Intel did…
Prediction: in 12 months the Shell share price and dividend could turn £10,000 into…
Image source: Getty Images As someone who holds BP shares, I haven’t paid close attention to the Shell (LSE: SHEL) share price lately. Well, I checked this morning, and it…