Month: November 2024

📈 💰Gold demand rises in Q3 thanks to ETF inflows – Commerzbank. This week the World Gold Council released data on gold demand in the third quarter.

📈 Gold demand rises in Q3 thanks to ETF inflows – Commerzbank This week the World Gold Council released data on gold demand in the third quarter. 📊 Including over-the-counter trades, demand grew 5% year over year, reaching a record level for the third quarter. 🌟 The increase in demand was mainly due to gold ETFs, which recorded an influx of funds for the first time in 10 quarters. As a result, investment demand more than doubled compared to the same quarter last year, although purchases of bars and coins fell. 💍 Jewelry demand also continues to change, highlighting the variety of factors influencing the global gold market. We are monitoring the development of the situation! 🌍✨ submitted by /u/Yuriy_UK [link] [comments]

💥🚀 Possible Iranian attack on Israel pushes oil up – Commerzbank. Today, oil prices have increased by almost 2%.

🚨💥🚀 Possible Iranian attack on Israel pushes oil up – Commerzbank Today, oil prices have increased by almost 2%. 📈 The main reason for this increase was the message that Iran is planning an attack on Israel in the coming days. 🔍 According to Commerzbank commodities analyst Carsten Fritsch, this situation is causing uncertainty in the market and pushing prices up. submitted by /u/Yuriy_UK [link] [comments]

5 MAG7 stocks reported quarterly results this week.

Revenue growth from each company: Apple|#AAPL — $94.9 billion (+6.1% ) Microsoft|#MSFT — $65.6 billion (+16.1%) Alphabet|#GOOG — $88.3 billion (+15.1%) Amazon|#AMZN — $158.9 billion (+11.0%) Metaplatforms|#META — $40.6 billion (+18.9%) submitted by /u/glira31 [link] [comments]

OpenAI’s ChatGPT Challenges Google: A New Era of Search?

In a groundbreaking move, OpenAI has rolled out a new search function within ChatGPT, positioning itself as a direct competitor to search giants like Google and Perplexity. This feature aims to redefine search by offering AI-enhanced, conversational responses rather than a list of links. Will this be a game-changer for everyday searches? Discover how OpenAI’s latest advancement could shift the digital landscape. submitted by /u/glira31 [link] [comments]

OOPS!

submitted by /u/XGramatik [link] [comments]

It’s not the time for YOLO: ‘Fear Over Greed’ signal amid market turbulence

Warren Buffett and Berkshire Hathaway (NYSE:BRKa) extended their retreat from stocks in the third quarter, slashing their holdings in Apple and boosting cash to a record $325.2 billion. Warren Buffett once said that it’s wise for investors “to be fearful when others are greedy and to be greedy only when others are fearful.” This statement relates directly to the price of an asset. Price is what you pay and value is what you get. When others are greedy, prices typically boil over and one should be cautious lest they overpay for an asset that subsequently leads to anemic returns. It might present a good value investment opportunity when others are fearful. Today, when the cash allocations of global investors are lower than even at the peaks of the tech and housing bubbles, I read it as the signal that Warren is getting ready to the times when fear is back in this market. submitted by /u/FXgram_ [link] [comments]

🇺🇸 US NFP Release 🇺🇸 💲UsDollar is falling! Are you in?📉 ⚡️ NFP m/m:📉👇

🇺🇸 US NFP Release 🇺🇸 ⚡️ Average Hourly Earnings m/m: Actual — 0.4% Expected — 0.3% Previous — 0.4% ⚡️ NFP m/m: Actual — 12K Expected — 106K Previous — 254K ⚡️ Unemployment Rate: Actual — 4.1% Expected — 4.1% Previous — 4.1% 💲UsDollar is falling! Are you in?📉 submitted by /u/Yuriy_UK [link] [comments]