FooTToo/iStock via Getty Images GEO Group (NYSE:GEO) +9.1% in Monday’s trading, poised to close at its highest in nearly five years, and CoreCivic (CXW) +7.2% as both prison services companies surge following the assassination attempt on former President Trump. Analysts at Wedbush Securities said late last week that GEO GroupContinue Reading
U.Today – might go through another impressive surge as the market sees an increase in an important technical indicator. Apart from that, there are few factors that might reinforce the value of digital gold. We saw a significant market rotation yesterday: The Index (IWM) increased by more than 3%, whileContinue Reading
vchal China’s trade surplus surged to $99.05 billion in June 2024 from $69.80 billion in the same period a year earlier, surpassing market expectations of $85 billion, marking the largest trade surplus since July 2022, as exports jumped while imports unexpectedly fell. In June, China’s exports surged 8.6% year-on-year, markingContinue Reading
sitox Inflation rates continued to ease in June, spurring traders in the fed funds futures market Thursday to boost the odds that the Federal Reserve will begin cutting interest rates at its September meeting. The probability of a September rate cut of 25 basis points shot up to 87.9% fromContinue Reading
U.Today – has a history of making extremely volatile moves after entering a period of consolidation. History shows that BTC had a quarterly close pivot after every single consolidation phase. Based on the chart that displays the quarterly price movement of Bitcoin since 2010, it is evident that significant priceContinue Reading
keni1/iStock via Getty Images Coal company stocks scored strong gains Monday following news of the weekend explosion at Anglo American’s Grosvenor steelmaking coal mine in Australia, which is expected to suspend production at the country’s largest metallurgical coal project for several months. Among the day’s big gainers: Peabody Energy (NYSE:BTU)Continue Reading
Kevin Frayer Apple’s (NASDAQ:AAPL) iPhone shipments in China soared 40% in May amid retail partners cutting prices of the device by offering attractive discounts ahead of the country’s June shopping festival, Bloomberg News reported. The China Academy of Information and Communications Technology disclosed figures, which showed that smartphone shipments roseContinue Reading
