Trade

The value of gold has embarked on a steady rise as of late as investors focus their sights on the timeline for a U.S. stimulus package and its impending effect on the value of the dollar. This cautious outlook on markets has aided gold in its recovery from a...

U.S. stocks opened higher on Thursday, thereby sustaining Wednesday's gains after an initial wave of concerns regarding the new Omicron variant damaged investors' confidence. While vaccine makers and epidemiologists are still in the midst of assessing the latest COVID strain's severity and transmissibility, investors' anxiety has eased up over the...

With Monday’s COVID-19 vaccine rollout leading to the rise of riskier stocks, gold prices have suffered a minor decline, with spot gold falling by 0.4% to $1,831.75 per ounce. U.S. gold futures declined by 0.4% as well to a price of $1,836.80. While news that a $908 billion U.S. COVID-19...

The Nikkei share average rose by 1% on Friday, thereby marking a rebound after panic surrounding the Omicron COVID variant knocked investor confidence. This recovery was largely spurred by investors' decisions to scoop up travel and leisure stocks which largely declined during the period. Closing at 28,029.57, this is Nikkei's...

Stock markets across the Middle East have rallied this past week as a result of optimism surrounding the ongoing coronavirus vaccine rollouts taking place across several nations in the region. The front runner is the United Arab Emirates, while indexes in Israel and Oman have also increased significantly thanks to...

While the majority of big tech continues to plunge on the stock market, Amazon stock (AMZN) has been surging in the past seven days. It had the best four-day performance in the past two years and was even trending to the best five-day stretch in seven years before taking...

We all remember how intense things got around this time last year. The pandemic caused people to panic-shop across America, pillaging supermarkets for goods such as toilet paper, hand sanitizers, and all kinds of cleaning products you can possibly imagine. Yeah, things got pretty crazy, and there were shortages...

Elon Musk cashed in on his Tesla stock holdings earlier this week, selling 7.9 million shares worth approximately $6.9 billion. This is the second time this year that the CEO of the electric car maker offloaded Tesla stock. He previously sold 9.6 million shares back in April and got...

MicroVision Inc has been a hot topic lately, with its shares soaring to 47% earlier this week. This has led many to believe that the meme stock trend isn't wavering in the slightest, and that we may continue to see the fruits of its labor in the future. A company...

Kering SA, the owner of luxury brands such as Gucci and Saint Laurent, decided to sell its 5.9% stake in Puma SE; the equivalent to a $1 billion share in the company. In total, the French company sold 8.9 million shares to the value of 90.3 euros per share....