The shares have averaged a one-month gain of more than 10% after signalsBausch Health Companies Inc (NYSE:BHC) -- n?(C)e Valeant Pharmaceuticals -- is schedule to report earnings before the open next Monday, May 6. Ahead of the event, BHC shares have pulled back to a key trendline, which could be a short-term buy signal, if recent history is any indicator.The past year has been choppy for Bausch H...Read More

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Global demand for gold grew to 1,053.3 tonnes in Q1, up 7% year-on-year, according to the latest report by the World Gold Council. A big reason for the stronger demand is central banks, which continued to buy gold for diversification and liquidity purposes. Another is improvement in the India market.Central banks around the world bought 145.5 tonnes of gold this quarter, the largest increase in gl...Read More

Global demand for gold grew to 1,053.3 tonnes in Q1, up 7% year-on-year, according to the latest report by the World Gold Council. A big reason for the stronger demand is central banks, which continued to buy gold for diversification and liquidity purposes. Another is improvement in the India market.Central banks around the world bought 145.5 tonnes of gold this quarter, the largest increase in gl...Read More

SQ stock is down, despite an earnings beatDespite upbeat first-quarter results, including the e-pay concern's stronger-than-anticipated 11 cents per-share profit and $489 million in revenue, Square Inc (NYSE:SQ) stock has taken a tumble this morning. The stock is down 6.1% at $69.14 in early trading on the firm's worse-than-expected gross payments volumes (GPV) and current-quarter guidance, with s...Read More

Most analysts remain wary of the apparel stock, thoughA big earnings winner this morning is Under Armour Inc (NYSE:UAA), after the athletic apparel maker reported first-quarter adjusted earnings of 5 cents per share, surpassing estimates. In addition, revenue also topped expectations, and the company lifted its fiscal-year profit outlook. Strong demand from outside the U.S. markets helped fuel th...Read More

An SEC filing revealed the company's plans to raise $2 billionTesla Inc (NASDAQ:TSLA) stock is up 5.4% to trade at $246.80, after a Securities and Exchange Commission (SEC) filing revealed the electric car concern's plans raise over $2 billion in capital through convertible notes and a new stock offering. Additionally, TSLA CEO Elon Musk intends to buy $10 million of stock in the offering. This fo...Read More

Kyrgyzstan's parliament voted on Thursday to ban uranium exploration and mining in the Central Asian nation despite previously issuing licenses to foreign companies such as Canada's Azarga Uranium.The move, which may expose the Bishkek government to compensation claims from foreign investors, followed a series of public protests against plans to develop the Kyzyl Ompul project in which Azarga has...Read More

Kyrgyzstan's parliament voted on Thursday to ban uranium exploration and mining in the Central Asian nation despite previously issuing licenses to foreign companies such as Canada's Azarga Uranium.The move, which may expose the Bishkek government to compensation claims from foreign investors, followed a series of public protests against plans to develop the Kyzyl Ompul project in which Azarga has...Read More

The earnings heavy week will also feature speeches from several Fed leadersNext week will be packed with earnings, as blue chip Walt Disney (DIS) and e-tailer Etsy (ETSY) step into the spotlight. Earnings from Lyft (LYFT) and Roku (ROKU) are also on tap. Elsewhere, the consumer price index (CPI), and producer price index (PPI) will be two of the biggest releases on the earnings front. Plus, severa...Read More

Zynga could be set up for a record year after first-quarter bookings blew past estimates Corporate earnings releases keep pouring in, and this morning Wall Street is digesting numbers from social gaming company Zynga Inc (NASDAQ:ZNGA), maker of Words with Friends, and online furniture selling expert Wayfair Inc (NYSE:W). While ZNGA is jumping out of the gate, shares of W are pulling back.For Zynga...Read More

Lucara Diamond Corp, which has recovered two of the largest diamonds in recent history, is turning to technology to ensure growth in an industry where new mine acquisitions remain elusive.For the Vancouver-based junior miner, that means using advanced technology like sorting based on atomic density to boost value from its Karowe mine in Botswana, and also diversifying away from mining into an onli...Read More

Lucara Diamond Corp, which has recovered two of the largest diamonds in recent history, is turning to technology to ensure growth in an industry where new mine acquisitions remain elusive.For the Vancouver-based junior miner, that means using advanced technology like sorting based on atomic density to boost value from its Karowe mine in Botswana, and also diversifying away from mining into an onli...Read More

India's Hindustan Zinc Ltd (HZL), the world's second largest zinc miner, expects its output to grow in 2019/20 after a drop in the previous financial year, a senior executive said, a move that could put pressure on global prices.The company's refined zinc production fell 12 percent in 2018/19 to 696,000 tonnes due to the closure of its open cast mines, prompting a switch to underground mines. The...Read More

Tesla stock is pointed higher on plans to raise capitalDow Jones Industrial Average (DJI) futures are pointing toward a lower open, with the S&P 500 Index (SPX) following suit. Investors continue to digest Fed Chair Jerome Powell's post-meeting comments indicating interest rates will likely remain unchanged, which dampened expectations for a rate cut. Meanwhile, the Nasdaq-100 Index (NDX) is poi...Read More

Mined diamonds are less carbon-intensive than man-made, but their producers should use more green energy, according to a study commissioned by the natural diamond industry, highlighting tensions between the mined and lab-grown sectors.The U.S. Federal Trade Commission, which investigates allegations of deceptive advertising, sent warning letters to eight lab-grown diamond companies at the beginnin...Read More

Grayscale Investments launches anti-gold, pro Bitcoin campaign. THe company believes that our future lies with digital assets. The cryptocurrency asset management company Grayscale Investments, which is a part of Barry Silbert’s Digital Currency Group, launched Drop Gold  campaign, designed to lure investors from gold to digital assets.   “The gold...Read More

Minaurum Gold (TSXV: MGG) has more than doubled the size of its Alamos silver project in Sonora, Mexico.In a press release, the Vancouver-based miner said that it staked an additional 20,872 hectares, which makes the project over 37,000 hectares in size.Minaurum also announced that its ongoing district-scale reconnaissance mapping found four new vein zones, which were named Rosario, La Dura Oeste,...Read More

Pure Energy Minerals Limited (TSXV: PE) reached a deal this week with subsidiaries of Schlumberger Limited (NYSE: SLB) on the terms of an earn-in agreement providing for the development of the company's Clayton Valley lithium project in Nevada.Under the earn-in agreement, the company granted an option in favour of the investor to acquire all of the Pure Energy's interests in Clayton Valley."The in...Read More

Gold higher time frame cycles suggest that cycle from 8/16/2018 low ended 5 waves advance on February 20, 2019, at $1346.75 high. Since then, Gold is going lower in an impulse manner as the decline is unfolding as Elliott wave zigzag structure. It’s important to note that the cycle from 2/20/2019 peak remains incomplete to the downside therefore, further downside is expected. Looking for mor...Read More