Nvidia (NVDA) has apologized to customers following the hotly-anticipated launch of its GeForce RTX 3080 launch last week.NVDA called the launch “simultaneously the best GPU launch ever and the most frustrating” after the GeForce RTX 3080 sold out almost instantly.“We expected the best ever demand for the RTX 30-series, but the enthusiasm was overwhelming. We […]
Hewlett Packard Enterprise announced the completion of its acquisition of Silver Peak, a software-defined wide area network (SD-WAN) company, in a transaction valued at $925 millionHPE (HPE) said that Silver Peak will become part of Aruba, which is one of its business units. More specifically, the deal will complement Aruba ESP (edge services platform) and help […]
(Bloomberg Opinion) — Mukesh Ambani has joined the league of world’s richest with the help of a simple formula: assembling admirers for $2 businesses. First he got Facebook Inc. and Google to back his fledgling digital ambitions, and now he may be trying to entice Amazon.com Inc. into his retail venture, already India’s largest.In four years, the Indian billionaire has amassed roughly 400 million […]
(Bloomberg) — Indian billionaire Mukesh Ambani’s Reliance Industries Ltd. is offering to sell a roughly $20 billion stake in its retail business to Amazon.com Inc., according to a person with knowledge of the matter.Amazon has held discussions about investing in the conglomerate’s Reliance Retail Ventures Ltd. unit and has expressed interest in negotiating a potential […]
Chinese tech giant Baidu (BIDU) is gearing up investors for a $2 billion fund-raising over three years for a biotech startup, which will use artificial intelligence (AI) technology to develop new drugs and diagnose diseases, Reuters reported.Baidu would probably not be the controlling investor, according to the talks which are still ongoing, according to the […]
(Bloomberg) — Jack Ma’s Ant Group is creating a new group of super wealthy people in China while also giving a boost to some older fortunes globally.Hong Kong’s Li Ka-shing, the family behind a French supermarket giant, the son of a Taiwanese real estate billionaire and Chinese retail tycoon Shen Guojun are among those invested […]
The silver markets tried to rally on Friday, but then turned around to form a bit of a negative looking candlestick. There is massive support underneath.
(TSXV: VZLA)VANCOUVER, BC, Sept. 3, 2020 /CNW/ – Vizsla Resources Corp.
(Bloomberg) — Billionaire Jack Ma’s Ant Group is poised to pull off what could be the biggest initial public offering ever by simultaneously listing in Hong Kong and Shanghai. It’s said to be gunning for a valuation of $225 billion, making it the world’s fourth-largest financial company.A 2011 offshoot of Chinese giant Alibaba Group Holding […]
The big shareholder groups in First Majestic Silver Corp. (TSE:FR) have power over the company. Institutions will…
On CNBC's "Trading Nation," Mark Tepper of Strategic Wealth Partners said that Apple Inc. (NASDAQ: AAPL) is a must-own stock.You have to have it in your portfolio because it's nearly 7% of the S&P 500 and if you don't own it to some extent, you're on the risk of severely underperforming the benchmark, explained Tepper. […]
Over the last few years, the rewards have kept on coming investors’ way. The S&P 500, considered a representation of the broader stock market, is up 16.5% over the last 52 weeks. In addition, the index has posted an average gain of 10.2% and 15.3% per year over the last five and ten years, respectively. […]
Shares in Novavax (NVAX) rose 5% in Monday’s trading after the late-stage biotech announced positive second quarter earning results. However the stock subsequently pulled back 2.4% in after-hours trading.The vaccine maker also stated that it secured $2 billion in funding for development and commercialization of NVX-CoV2373, a vaccine candidate engineered from the genetic sequence of […]
(Bloomberg) — In a market where billions slosh around in search of the next big thing, Tony Zhang’s decade of wagering on Chinese startups has made him cautious.That’s how he approached his first meeting with Neo Wang, the 30-year-old who channeled his personal struggle with weight into Chinese fitness and workout sensation Keep. With 40 […]
Twitter Inc. has reportedly held preliminary talks to buy the US operations of the video-sharing app TikTok, which the Trump administration has declared a national-security threat due to its Chinese ownership.It is unclear whether Twitter (TWTR) will pursue a deal with TikTok’s Beijing-based owner ByteDance Ltd., which would face significant challenges, the Wall Street Journal […]
Many investors are arguing that the market is getting frothy. But remember, the market represents more than just a handful of stocks. With that in mind, I began looking at price charts and fundamentals of companies. I found three overbought stocks that look well-positioned for more to come.Led by the Nasdaq Composite, the month of […]
Silver markets have rallied significantly during the trading session again on Thursday, as the US dollar continues to suffer.
VANCOUVER, BC, Aug. 5, 2020 /CNW/ – Pan American Silver Corp.
VANCOUVER, BC, Aug. 4, 2020 /CNW/ – Pan American Silver Corp.
Silver markets have rallied a bit during the week, breaking above the $26 level before rolling over. Silver had gotten far ahead of itself, so this makes sense.
This big breakout in Silver is nothing more than a phenomenal warning for all traders and investors – BE WARNED: RISKS ARE SKYROCKETING HIGHER.