Bitcoin Breaks US$103,000 as Trump’s Pro-Crypto Appointments Spark Record Surge
Bitcoin surged past the US$100,000 mark for the first time this week, reaching an all-time high of US$103,713 on Wednesday (December 4) amid growing optimism about positive regulatory changes in the US. The popular cryptocurrency has been pushing higher since Donald Trump’s US election victory, and the latest rally was ignited when he said he…
Trump names David Sacks as White House AI and cryptocurrency czar
President-elect Trump named former PayPal Chief Operating Officer David Sacks to be his White House artificial intelligence (AI) and cryptocurrency czar. ‘In this important role, David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness,’ Trump said in his announcement Thursday evening. ‘David will…
Newsom rails against Trump’s 25% tariff plan during southern border visit: ‘It’s a betrayal’
California Gov. Gavin Newsom railed against President-Elect Trump’s proposal to impose 25% tariffs on goods from Mexico and Canada during a visit to the southern border to announce plans to finish constructing the Otay Mesa East Port of Entry on Thursday afternoon. Newsom described the tariffs as ‘one of the biggest tax increases in U.S….
Stock Futures Lower after S&P 500 futures ticked down 0.18%
Stock futures are trading slightly lower Monday morning as investors gear up for the final month of 2024. S&P 500 futures slipped 0.18%, alongside declines in Dow Jones Industrial Average futures and Nasdaq 100 futures, which dropped 0.13% and 0.17%, respectively. The market’s focus is shifting to upcoming economic data, particularly reports on manufacturing and…
S&P 500 climbed 0.3%, and Nasdaq-100 futures jumped 0.7%
Stock futures climbed on Wednesday, driven by strong performances from Salesforce and Marvell Technology, following upbeat quarterly earnings. Futures tied to the Dow Jones Industrial Average rose by 215 points (0.5%), while S&P 500 futures gained 0.3%, and Nasdaq-100 futures advanced by 0.7%. Salesforce surged 12% after reporting fiscal third-quarter revenue that exceeded expectations, showcasing…
How to Invest in Platinum Stocks (Updated 2024)
Platinum is the third most traded precious metal in the world after gold and silver, and investment demand is growing. It is also an industrial metal that is widely used in a variety of sectors. The four main uses of platinum are in catalytic converters for the automotive industry; as a material in jewelry; in…
Gold’s “Moneyness”: Experts Debate Inflation, Dollar Dilemma and Future Highs
Moderated by Thom Calandra of the Calandra Report, the precious metals panel at this year’s New Orleans Investment Conference featured several well-known gold analysts and market watchers. Omar Ayales, Rich Checkan, Jeff Deist, Avi Gilburt and Dana Samuelson took the stage for a 35-minute discussion that began with a discussion of the monetary value of…
Trump picks Billy Long to head IRS, Kelly Loeffler to lead SBA in latest nominations
President-elect Trump announced Wednesday he is nominating former Missouri Rep. Billy Long to serve as commissioner of the Internal Revenue Service (IRS) in his new administration. In a statement released Wednesday, Trump called the former congressman ‘an extremely hard worker, and respected by all, especially by those who know him in Congress.’ The president-elect also…
Trump picks Billy Long to head IRS, Kelly Loeffler to lead SBA and Frank Bisignano to lead SSA
President-elect Trump announced Wednesday he is nominating former Missouri Rep. Billy Long to serve as commissioner of the Internal Revenue Service (IRS) in his new administration. In a statement released Wednesday, Trump called the former congressman ‘an extremely hard worker, and respected by all, especially by those who know him in Congress.’ The president-elect also…
Stock Futures Lower after S&P 500 futures ticked down 0.18%
Stock futures are trading slightly lower Monday morning as investors gear up for the final month of 2024. S&P 500 futures slipped 0.18%, alongside declines in Dow Jones Industrial Average futures and Nasdaq 100 futures, which dropped 0.13% and 0.17%, respectively. The market’s focus is shifting to upcoming economic data, particularly reports on manufacturing and…