Down 27%! Should I buy Palantir stock while it’s $90?
Image source: Getty Images Palantir Technologies (NASDAQ: PLTR) stock has turned out to be the biggest winner of the artificial intelligence (AI) boom so far. In fact, its mindboggling 1,314% surge since the start of 2023 has even outstripped AI chipmaker Nvidia (up ‘just’ 563% in that time). The gains were even more spectacular a […]
PBOC sets USD/ CNY reference rate for today at 7.2074 (vs. estimate at 7.2925)
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” around a central reference rate, […]
What foreign governments own the most US Treasuries?
Atlas Merchant Capital founding partner and CEO Bob Diamond asks what the U.S. is doing in doubling the debt on “The Claman Countdown.” The market for U.S. Treasuries plays a critical role in how the federal government finances its spending through debt and holds the title of the world’s largest. It also has the most liquid […]
RBI’s relaxed LCR rule to boost credit growth
The Reserve Bank of India (RBI) has announced a significant relaxation in liquidity rules for banks, which is expected to unlock around ₹3 trillion ($35.24 billion) in capital. This move could potentially boost credit growth by as much as 2% points, offering much-needed support to India’s banking sector which has been witnessing slowing credit expansion. […]
Valencia vs Espanyol Free Bets
Man City vs Aston Villa Betting Offers – Best EPL Free Bets, Predictions & Tips Valencia vs Espanyol Preview Valencia will clash with Espanyol in an upcoming La Liga encounter. Both teams are aiming to secure a comfortable position away from the relegation zone. Valencia has shown resilience, with a recent unbeaten run boosting their […]
KKR Captain Ajinkya Rahane’s Unfiltered Avatar, Puts Direct Blame Of Defeat Against GT On…
Kolkata Knight Riders skipper Ajinkya Rahane admitted that his team’s struggles at the top of the order this season are proving costly, after yet another underwhelming batting display ended in a 39-run defeat to Gujarat Titans here on Monday. Chasing 199, KKR batters stuttered to 159/8. “I thought 199 was chaseable, we came […]
Can these FTSE 250 dividend yields of 8% to 13% really last?
Image source: Getty Images As an old-school value and income investor, I’m always seeking undervalued and high-yielding shares. Many current holdings come from the FTSE 100, but I also own several FTSE 250 stocks for dividend income. However, of the five FTSE 250 companies in my family portfolio, one was taken over in March. This […]
Bitcoin breaks out of the range and eyes a key resistance
The new week started with a bang as we saw strong moves across the board in the markets. The main theme remains the “sell America” trade, but bitcoin was a standout as it decoupled from the stock market. Bitcoin is generally correlated with stock market performance given that they have similar macro drivers like future […]
Border state businesses reliant on Canada, supply chains voice tariff concerns
EP Wealth Advisors’ Adam Phillips and Slatestone Wealth partner Kenny Polcari analyze tariff-fueled market volatility, the Fed’s ‘period of uncertainty’ and earnings season. Sen. Peter Welch, D-Vt., hosted his latest in a series of roundtables with small businesses around the Green Mountain State, all of whom believe the Trump administration’s tariff actions will hurt their […]
Australia Great Michael Slater, Who Made Threats Of Self-Harm At Court, Gets 4-Year Jail Term
Australian cricketer-turned-commentator Michael Slater was on Tuesday sentenced to four years in prison after pleading guilty to multiple charges, including domestic violence, but will be allowed to walk free immediately after having served over a year in custody. According to a report in ABC Sport, his sentence was “partly suspended” due to the […]
