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Gold prices hit record high amid geopolitical jitters, metal rally
Investing.com– Gold prices hit a record high in Asian trade on Monday as increased geopolitical tensions in the Middle East boosted safe haven demand, while a broader rally across metal markets also spilled over into the yellow metal. rose nearly 1% to a record high of $2,440.56 an ounce, while expiring in June hit a
Top 5 things to watch in markets in the week ahead
Investing.com — The Federal Reserve is to publish the minutes of its latest meeting and several Fed officials are to deliver remarks as renewed expectations for rate cuts power markets higher. AI darling Nvidia (NASDAQ:) is to report earnings, PMI releases will give insights into the health of the global economy, while the U.K. is
Asian stocks rise on China stimulus cheer, tech strength
Investing.com– Most Asian stocks rose on Monday as markets welcomed stimulus measures in China, while technology-heavy indexes also advanced as investors bought into the sector ahead of key earnings this week.Most regional markets were sitting on gains from last week as some soft U.S. inflation readings ramped up hopes that the Federal Reserve will cut
New survey suggests that current house renters could be buyers within five years
A recent survey by Bank of America reveals that many current renters might transition to homeownership within the next five years, posing significant challenges for local housing markets, particularly in areas with growing populations.The 2024 Bank of America Homebuyer Insights Report highlights this potential shift, which could strain housing supply in regions already experiencing demographic
5 big analyst AI moves: Baidu, Accenture downgraded to Hold
Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today!RBC lifts Microsoft price target as AI remains one of key driversAnalysts at the investment bank RBC Capital Markets raised their target price on Microsoft (NASDAQ:)
Street calls of the week: Upgrades for Intel and Robinhood; downgrade for SunPower
Investing.com — Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Intel, Robinhood (NASDAQ:) and Boston Beer (NYSE:); downgrade for SunPower (NASDAQ:).InvestingPro subscribers always get first dibs on market-moving rating changes.MasterCardWhat happened? On Monday, Piper Sandler initiated coverage on MasterCard at Overweight with a $531