NVDA is popping after an earnings beatShares of chipmaker Nvidia Corporation (NASDAQ:NVDA) are soaring this morning, in reaction to the company's impressive second-quarter earnings and revenue beat. Nvidia cited increased demand for high-end video game graphics chips as the main driver, sending NVDA stock up 6.7% to trade at $158.79.Analysts have been quick to respond, with Mizuho and J.P. Morgan...Read More
Baidu will report earnings after the close on MondayU.S.-listed Chinese stocks are higher across the board today, after China's state planner outlined plans to boost disposable income this year and next, in order to spur a stalling economy. At last check, China-based search engine Baidu Inc (NASDAQ:BIDU) was up 0.7% to $95.02, shaking off a price-target cut from J.P. Morgan Securities to $110 fro...Read More
Applied Materials' CEO said the memory chip market is unlikely to recover in 2019Chip concern Applied Materials, Inc. (NASDAQ:AMAT) is sinking this morning, after CEO Gary Dickerson said a recovery in the memory chip market is unlikely before 2020. Dickerson also said that he expects2019 revenue to come in about one-third lower than the previous year. This is overshadowing the chipmaker's fiscal...Read More
Here is the video summary of the August 16th INK Morning report where we explain how INK Edge outlook signals can help speculators manage their junior mining positions. We use Metallis Resources ( MTS) as an example.For more background on our INK Edge outlook, please watch our short video or visit our FAQ #5 at INKResearch.com.Script (check against delivery):Over the next few months we can expect...Read More
The bear note has the shares testing a key trendline todayGoldman Sachs downgraded Hexcel Corporation (NYSE:HXL) to "sell" from "neutral," and cut its price target by $2 to $73 -- a discount to last night's close at $80.49. The analyst in coverage called HXL's valuation "stretched," and warned of a potential deceleration in growth.Goldman's bear note marks the first "sell" rating for the industria...Read More
Housing starts fell for the third straight month in July Dow Jones Industrial Average (DJI) futures are trading well above fair value, as the blue-chip index looks to end a volatile week on a bright note and build on yesterday's positive momentum. Bouncing Treasury yields are easing concerns about a global recession for now, with the 10-year Treasury yield last seen at 1.56%. On the trade front, P...Read More
DDS shares have been getting crushedLooking at this morning's stock market news, two names making notable moves are retailers Dillard's, Inc. (NYSE:DDS) and TJX Companies Inc (NYSE:TJX). Here are the numbers to know for the shares of DDS and TJX today.DDS stock is generating headlines because of the company's earnings release, which is set to spark a massive sell-off. The security is trading down...Read More
Columbus Gold Corp. (CGT: TSX, CGTFF: OTCQX) ("Columbus") is pleased to provide an update on the Montagne d'Or gold project.Montagne d'Or continues to garner strong local support as a catalyst for economic growth of French Guiana.As required by French regulations, the Montagne d'Or joint-ventureRead full newsRead More
There are so many bulls in the metals complex that it is getting quite crowded.Oftentimes, when a market becomes to bullish, we see a pullback to reset sentiment.There is a set up I am tracking, which may suggest another extension can be seen before the metals pull back.I am seriously amazed at how bullish the metals market has become. Everyone and their grandmother are now calling for a rally bac...Read More
* Tin hits fresh three-year low * Aluminium only metal in positive territory * GRAPHIC-2019 asset returns: (Updates with closing prices, adds comment on aluminium)By Eric OnstadLONDON, Aug 16 (Reuters) - Most industrial metals pricesfell on Friday, weighed down by uncertainty over how much weakglobal economic growth is undermining demand, but aluminium roseon potential shortages. "People are...Read More
By Kate Duguid3 Min ReadNEW YORK (Reuters) - The dollar ended roughly flat on Friday, retracing the morning's move higher, after worries tied to trade tensions and a Federal Reserve rate cut weighed on consumer sentiment and a report that Germany may run a deficit to boost growth lifted the euro.Slideshow ( 2 images )Germany's right-left coalition government would be prepared to ditch its balanced...Read More
Doug Ramshaw spoke with Red Cloud to discuss the recent permit approval for the development of Santana, positioning the ...Read More
President Doug Ramshaw joined Steve Darling from Proactive Investors Vancouver on Skype with news the company has begun ...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up we dive into China with one of the foremost experts on the subject Gordon Chang. Gordon shares his thoughts on the U.S.-China trade war and why he believes it’s not likely to end anytime soon, talks about the pending economic catastrophe he sees in China and the effects it’s going to have on the global e...Read More
The major gold miners’stocks have soared in recent months, fueled by gold’s decisive breakout to newbull-market highs. Nothing motivatestraders like performance, so interest in this long-neglected sector has exploded. While gold stocks’ technicals and sentiment havegreatly strengthened, their just-reported Q2’19 results reveal whether theirunderlying fundamental...Read More
EVENPRIME is a next-generation skincare brand that is suitable for all skin types. With EVENPRIME, gone are the days where you only hope to experience quality ingredients that expensive skincare brands contain. EVENPRIME's Co-Founder, Rickie Ashman, guests on Hello Beauty to chat with host, Joyce Platon, to talk about the story behind the formation of this clean, vegan K-beauty brand. He shares ho...Read More
Remove the filter and watch what happens #IRL. Introducing the Fall 2019 CALVIN KLEIN UNDERWEAR Campaign featuring Naomi Campbell, Bella Hadid, Odell Beckham Jr, Jacob Elordi, Diplo, Beth Ditto, Lay Zhang, Hayley Foster, Abby Champion, Cara Taylor and Matthew Noszka.Directed by Bardia ZeinaliSubscribe to our channel to catch more videos like this: http://po.st/747ISJDiscover more from the world of...Read More
The three-month nickel price on the London Metal Exchange closed at its highest since December 2014 on Thursday August 15, climbing to $16,250 per tonne amid renewed buying momentum, while a steady incline in tin futures led to its highest close since August 1. Nickel began the day's trading below the nearby $16,000 per tonne resistance level, falling to an intraday low of $15,765 per tonne, befor...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average managed a modest rebound Thursday, sparked by a strong retail sales report and an earnings beat from Walmart (WMT - Get Report) . Walmart (WMT - Get Report) shares rose after the retailer reported stronger-than-expected second-quarter earnings and increased its full-year profit guidance. Walmart is Real Money...Read More
Chilean state-owned copper producer Codelco began operations at Chuquicamata's subterranean phase on Wednesday August 14, with an aim to increase mine life by 40 years and to improve the division's productivity, the company said.The new venture for the centennial open pit mine has 1.03 million tonnes of copper mineral reserves, at 0.82% content, the miner added. These volumes will result in 320,00...Read More