Finding Value in Copper and Gold Amid Market Chaos

Published by
Benzinga

Source: Michael Ballanger 04/29/2024 Michael Ballanger of GGM Advisory Inc. takes a look at the current state of the markets, and shares some stocks he believes are worth taking a look at. As the Friday trading session came to a close this week, I had an epiphany of sorts in that instead of standing back and admiring the results while reaching around and patting myself several times on the back, I took the septuagenarian skin on the underside of my left bicep and gave it a rather robust pinch. Rather than standing there reveling at copper and gold prices trading at or near multi-year highs, I … Read More “Finding Value in Copper and Gold Amid Market Chaos”

Formula 1 Stops Trump Fundraiser; Miami Grand Prix Connection To Dolphins Owner Draws Attention

Published by
Benzinga

Motorsport league Formula 1, which is owned byLiberty Formula One (NASDAQ:FWONA) (NASDAQ:FWONK) returns to the United States this weekend with the third annual Miami Grand Prix. Here are some of the top storylines for the race. Donald Trump Fundraising: Former President Donald Trump continues his efforts to campaign and fundraise for the 2024 presidential election, while he also attends a criminal trial in New York. Formula 1 has halted a fundraising event organized by Trump at the Miami Grand Prix. The event was stopped after the Miami Grand Prix sent a cease and desist letter to Trump on Fri… Read More “Formula 1 Stops Trump Fundraiser; Miami Grand Prix Connection To Dolphins Owner Draws Attention”

Bitcoin ETF Retail ‘Degens’ Could Start Selling Their Positions At $58K, Analyst Warns

Published by
Benzinga

Jim Bianco of Bianco Research doubled down on his warning that spot Bitcoin (CRYPTO: BTC) ETF buyers might soon cause significant selling pressure for the market. What Happened: Bianco pointed out that the average purchase price of spot Bitcoin ETF buyers is between $57,000 and $58,000, implying that around $37 billion in spot BTC assets (excluding GBTC) are currently sitting at break-even or a small loss. Bianco emphasized that most of these ETF buyers are not institutional investors but rather hedge funds, smaller institutional investors holding less than $100 million, and, most notably, ret… Read More “Bitcoin ETF Retail ‘Degens’ Could Start Selling Their Positions At $58K, Analyst Warns”

2 Tech Stocks Set to Ride Microsoft’s Azure Coattails

Published by
Barchart

Microsoft Corporation’s (MSFT) Azure cloud platform has been a transformative force, revolutionizing industries and spearheading digital transformations on a global scale. Trusted by an impressive 95% of Fortune 500 companies, Azure has solidified its position as the premier choice for cloud services. In its latest quarterly results, Microsoft’s revenue from Azure public cloud and other cloud services experienced a remarkable 31% annual growth, exceeding the 28% growth guidance. Within the Azure growth, 7 percentage points were attributed to AI services. With Microsoft’s Azure becoming an incr… Read More “2 Tech Stocks Set to Ride Microsoft’s Azure Coattails”

2 Tech Stocks Set to Ride Microsoft’s Azure Coattails

Published by
Barchart (CA)

Microsoft Corporation’s (MSFT) Azure cloud platform has been a transformative force, revolutionizing industries and spearheading digital transformations on a global scale. Trusted by an impressive 95% of Fortune 500 companies, Azure has solidified its position as the premier choice for cloud services. In its latest quarterly results, Microsoft’s revenue from Azure public cloud and other cloud services experienced a remarkable 31% annual growth, exceeding the 28% growth guidance. Within the Azure growth, 7 percentage points were attributed to AI services. With Microsoft’s Azure becoming an incr… Read More “2 Tech Stocks Set to Ride Microsoft’s Azure Coattails”

2 Tech Stocks Set to Ride Microsoft’s Azure Coattails

Published by
Barchart (UK)

Microsoft Corporation’s (MSFT) Azure cloud platform has been a transformative force, revolutionizing industries and spearheading digital transformations on a global scale. Trusted by an impressive 95% of Fortune 500 companies, Azure has solidified its position as the premier choice for cloud services. In its latest quarterly results, Microsoft’s revenue from Azure public cloud and other cloud services experienced a remarkable 31% annual growth, exceeding the 28% growth guidance. Within the Azure growth, 7 percentage points were attributed to AI services. With Microsoft’s Azure becoming an incr… Read More “2 Tech Stocks Set to Ride Microsoft’s Azure Coattails”

1 Dividend King to Buy for Passive Income and AI Upside

Published by
Barchart (UK)

The artificial intelligence (AI) industry continues its remarkable expansion, with global market volume expected to grow at a CAGR of 28.5% through the end of the decade to reach $826.7 billion. This meteoric rise is being fueled by companies going all-in on AI, with nearly three-quarters of CEOs saying that generative AI is a top priority. That includes the usual Big Tech suspects, but the AI revolution is also expanding to encompass names like beverage giant Coca-Cola (KO). The company recently made headlines by making a significant new step to double down on its AI initiatives, partnering w… Read More “1 Dividend King to Buy for Passive Income and AI Upside”

1 Dividend King to Buy for Passive Income and AI Upside

Published by
Barchart (CA)

The artificial intelligence (AI) industry continues its remarkable expansion, with global market volume expected to grow at a CAGR of 28.5% through the end of the decade to reach $826.7 billion. This meteoric rise is being fueled by companies going all-in on AI, with nearly three-quarters of CEOs saying that generative AI is a top priority. That includes the usual Big Tech suspects, but the AI revolution is also expanding to encompass names like beverage giant Coca-Cola (KO). The company recently made headlines by making a significant new step to double down on its AI initiatives, partnering w… Read More “1 Dividend King to Buy for Passive Income and AI Upside”

1 Dividend King to Buy for Passive Income and AI Upside

Published by
Barchart

The artificial intelligence (AI) industry continues its remarkable expansion, with global market volume expected to grow at a CAGR of 28.5% through the end of the decade to reach $826.7 billion. This meteoric rise is being fueled by companies going all-in on AI, with nearly three-quarters of CEOs saying that generative AI is a top priority. That includes the usual Big Tech suspects, but the AI revolution is also expanding to encompass names like beverage giant Coca-Cola (KO). The company recently made headlines by making a significant new step to double down on its AI initiatives, partnering w… Read More “1 Dividend King to Buy for Passive Income and AI Upside”

Hawkish Fed Risk Fades After Powell’s Remarks: He ‘Set The Bar Extremely High For Rate Hikes’

Published by
Benzinga

In its latest policy meeting on Wednesday, theFederal Reserve opted to maintain its benchmark interest rates at 5.25%-5.50%, aligning with market predictions but offering a cautious stance on the return the 2% inflation target, noting that there has recently been “a lack of further progress.” The Fed has also adjusted its approach to quantitative tightening, now reducing the monthly redemption cap on Treasury securities more gradually than expected — from $60 billion to $25 billion — while maintaining the $35-billion cap on agency debt and mortgage-backed securities. During the press conferenc… Read More “Hawkish Fed Risk Fades After Powell’s Remarks: He ‘Set The Bar Extremely High For Rate Hikes’”