Pence says he opposes RFK Jr.’s nomination for HHS secretary because of his stance on abortion
Former Vice President Mike Pence on Friday made his opposition to Robert F. Kennedy, Jr.’s nomination to lead the U.S. Department of Health and Human Services unequivocal. ‘The Trump-Pence administration was unapologetically pro-life for our four years in office. There are hundreds of decisions made at HHS every day that either lead our nation toward…
Sen. Sanders says he is looking forward to Trump ‘fulfilling his promise’ on credit card interest rates
Sen. Bernie Sanders, I-Vt., said he is looking forward to working with the Trump Administration and hopes that President-elect Donald Trump sticks to his promise surrounding the cap on interest rates. ‘I look forward to working with the Trump Administration on fulfilling his promise to cap credit card interest rates at 10%,’ Sanders wrote in…
How to Invest in Aluminum Stocks (Updated 2024)
There are multiple entry points for investors looking to leveraging growth in the aluminum market, which itself offers exposure to growth in many industries. Aluminum’s light weight, malleability and thermal conductivity has made it an essential base metal for a number of applications, especially in the automotive, aerospace, infrastructure and electronics. Investors interested in gaining…
Cobalt Price Recovery Facing Uncertainty as Battery Chemistry Shifts Erode Demand
Cobalt market watchers are warning that a near-term resurgence in prices and demand may not occur. Cobalt prices have spent most of 2024 on the decline, falling to lows not seen since 2016. Values for the electric vehicle (EV) battery metal have fallen 74 percent from highs set in 2022 (US$81,969.70 per metric ton). Prices…
Trump announces North Dakota Gov. Doug Burgum as Department of the Interior secretary
President-elect Trump teased a ‘big’ announcement Thursday night, sharing that North Dakota Gov. Doug Burgum will lead the Department of the Interior. ‘He’s going to be announced [Friday]…I look forward to doing the formal announcement, although this is a pretty big announcement right now, actually,’ Trump said during his speech at the Americans For Prosperity…
Javier Milei first world leader to meet with President-elect Trump: ‘Greatest political comeback in history’
The president of Argentina is the first foreign leader to meet in person with President-elect Trump since Trump’s win last week. Javier Milei, known as ‘the Lion,’ has gained notoriety worldwide for his pro-market policies that have slashed Argentine inflation since he took elected office last year. He attended the America First Policy Institute’s (AFPI)…
Tencent Stock: Q3 Profit Surges 47%, Gaming and Ads Lead
Tencent Holdings Ltd (HK:0700) reported robust third-quarter results, surpassing profit expectations primarily due to strong growth across its gaming, advertising, and cloud segments. Profit attributable to shareholders surged 47% year-over-year to 53.23 billion yuan ($7.37 billion), well above LSEG’s forecast of 46.18 billion yuan. However, revenue came in slightly below estimates, rising 8% to 167.19…
Shopify’s Stock Surged By 25% After Reporting Strong Revenue
Shares of Shopify surged as much as 25% following the company’s impressive third-quarter earnings report, which exceeded analysts’ expectations. The e-commerce giant reported earnings per share (EPS) of $0.35, surpassing the anticipated $0.26. Meanwhile, its revenue reached $2.16 billion, above forecasts of $2.12 billion. This strong performance, along with Shopify’s optimistic holiday outlook, helped push…
Fertilizers: The Difference Between Potash and Phosphate (Updated 2024)
Potash and phosphate are often tied together. After all, both are used to produce fertilizers, which are becoming increasingly important as demand for food grows on a global scale. However, potash and phosphate play different roles in crop growth and cannot be used interchangeably. Each has different applications designed for the specific requirements of particular…
Nickel Price Update: Q3 2024 in Review
Nickel saw solid price momentum in the first half of the year, benefiting from investor sentiment and speculation across commodity markets that saw surge in prices for both precious and base metals. However, price highs were short-lived as nickel supply and demand fundamentals provided pressures that saw steep declines. Among the influences has been a…