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...

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...

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...

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...

Abu Dhabi National Oil Co.’s drilling unit rose by 33% over the course of its trading debut. This comes after the company raised 4.05 billion dirhams ($1.1 billion) to become the biggest ever Emirati IPO. Adnoc shares rose on Sunday from an initial asking price of 2.30 dirhams to 3.05...

European stock markets rebounded on Monday after what was a bleak ending to last week's trading. Stocks plummeted before markets closed on Friday as news emerged of the new Omicron coronavirus strain. Originally detected in South Africa, the strain has been located in 14 countries so far and is...

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...

Valued at approximately $600 million, the port of Haifa is currently an acquisition target of four investment groups, each of which is expected to launch a bid for the port by October of this year. In an effort to promote competition and reduce costs, Israel has decided to sell...

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...

The port of Rotterdam, Europes largest seaport, announced a 15% leap in freight volumes on a year-on-year basis in the third quarter. This increase comes as international trade continued to recover from its COVID-19 induced slump. Port of Rotterdam Chief Executive Allard Castelein had the following to say regarding the...