Gold Prices and Market Drivers
Gold prices traded higher on Monday, following a weekly advance for the most-active contract in four weeks. The U.S. dollar and Treasury yields remained unchanged, providing some relief for the…
BYD and Tesla: A Comparison of Growth and Profitability
Both BYD and Tesla have established themselves as formidable players in the electric vehicle (EV) market. They have achieved remarkable profitability, outperforming their competitors. Moreover, both companies have experienced significant…
TotalEnergies SE Daily Share Purchases from August 21 to August 25, 2023
TotalEnergies SE (LEI: 529900S21EQ1BO4ESM68) (Paris:TTE) (LSE:TTE) (NYSE:TTE) has made the following purchases of its own shares (FR0000120271) from August 21 to August 25, 2023: Daily Purchases Date | Number of…
Joann Reports Increase in Sales in Q2
By Sabela Ojea Joann, the special retail company, has announced an increase in sales for the latest quarter. The month of July, in particular, marked the strongest topline performance in…
Best Buy’s Earnings: Are Consumers Ready to Splurge on Electronics?
The upcoming earnings report from Best Buy is highly anticipated, as it will shed light on whether consumers are finally ready to invest in new consumer electronics. With the current…
Pope Francis Criticizes Conservative Elements in U.S. Catholic Church
In a recent private meeting with members of his Jesuit religious order in Lisbon, Pope Francis addressed the deep divisions within the U.S. Catholic Church. The pontiff expressed his concern…
Adbri Reports 3.3% Increase in First-Half Net Profit
Australian construction materials producer Adbri announced a 3.3% rise in net profit for the first half of the year. The company reported a net profit of AUD 49.7 million ($32.0…
New Zealand Plans to Impose Digital Services Tax by 2025
New Zealand is taking steps to implement a digital services tax on large multinational companies starting in 2025, as a result of the delays in the planned international tax rules…
U.S. Bond Yields Hold Strong, but Show Signs of Easing
Overview The yield on the 2-year Treasury remains steady at 5.008%, while longer-duration yields have slightly retreated. Short-term U.S. bond yields are near 16-year highs, following perceived hawkish remarks from…
J.M. Smucker Co. Reports Strong First-Quarter Performance
J.M. Smucker Co. (SJM) experienced a successful first quarter, benefiting from price increases. The renowned producer of Jif and Meow Mix has also raised its profit forecast for the full…
Grayscale Investments Takes Step Towards Bitcoin ETF Approval
Grayscale Investments, a leading digital asset management company, could be on the cusp of converting its Bitcoin Trust product into an exchange-traded fund (ETF) following a recent ruling by a…
Investors Optimistic as U.S. Labor Market Recovers
Investors received a positive boost from Tuesday's U.S. data, indicating that the number of people leaving their jobs in July has returned to pre-pandemic levels. This is a significant signal…