Mining Stocks Still Have Room To Rise as Gold Hits Record High, Jefferies Says
As gold prices keep hitting record highs, Jefferies analysts said shares of companies that mine the precious metal could still have room to rise.
As gold prices keep hitting record highs, Jefferies analysts said shares of companies that mine the precious metal could still have room to rise.
Bitcoin, the world's largest cryptocurrency, rose 5.01% to $91,713.49, after earlier breaking through the $90,000 for the first time since March as U.S. President Donald Trump's trade policies have rocked global markets.
The price of Bitcoin (CRYPTO: BTC) recovered on Tuesday as investors swung back to a risk-on trade. Investors looking for a "safe" alternative have pushed gold and Bitcoin higher, with the biggest cryptocurrency jumping 5.2% in the last 24 hours as of 2:10 p.m. ET today. Crypto miners followed the move with TeraWulf (NASDAQ: WULF) jumping as much as 20.9%, Riot Platforms (NASDAQ: RIOT) rising 14.3%, and MARA Holdings (NASDAQ: MARA) climbing 12.2%.
(Bloomberg) -- Wall Street pros have a warning for investors eager to jump back into the stock market as it rebounds Tuesday: Watch out for headfakes in the middle of a longer-term decline.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusThe Racial Wealth Gap Is Not Just About Money“We call it the ‘pull the football’ market,” said Joe Saluzzi, co-manager of trading at Themis Trading, referring
(Bloomberg) -- Oil rose as the potential for the US to curtail Iranian flows added to a rebound driven by broader markets.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusThe Racial Wealth Gap Is Not Just About MoneyWest Texas Intermediate advanced about 2% to settle near $64 a barrel, recouping most of the previous day’s losses, which were driven by President Donald Trump’s public rebuke of th
Bitcoin's unique value proposition as a scarce, decentralized, and globally accessible asset increasingly resonates with international investors. Stock Strategist Andrew Rocco breaks down the details.
A number of stocks jumped in the afternoon session after investor sentiment improved on renewed optimism that the US-China trade conflict might be nearing a resolution. According to reports, Treasury Secretary Scott Bessent reinforced this positive outlook by describing the trade war as "unsustainable," and emphasized that a potential agreement between the two economic powers "was possible." His comments signaled to markets that both sides might be motivated to seek common ground, raising expect
A number of stocks jumped in the afternoon session after investor sentiment improved on renewed optimism that the US-China trade conflict might be nearing a resolution. According to reports, Treasury Secretary Scott Bessent reinforced this positive outlook by describing the trade war as "unsustainable," and emphasized that a potential agreement between the two economic powers "was possible." His comments signaled to markets that both sides might be motivated to seek common ground, raising expect
A number of stocks jumped in the afternoon session after investor sentiment improved on renewed optimism that the US-China trade conflict might be nearing a resolution. According to reports, Treasury Secretary Scott Bessent reinforced this positive outlook by describing the trade war as "unsustainable," and emphasized that a potential agreement between the two economic powers "was possible." His comments signaled to markets that both sides might be motivated to seek common ground, raising expect
A number of stocks jumped in the afternoon session after investor sentiment improved on renewed optimism that the US-China trade conflict might be nearing a resolution. According to reports, Treasury Secretary Scott Bessent reinforced this positive outlook by describing the trade war as "unsustainable," and emphasized that a potential agreement between the two economic powers "was possible." His comments signaled to markets that both sides might be motivated to seek common ground, raising expect