Author: iHub News
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U.S. Stocks See Further Upside Ahead Of Nvidia Earnings
Stocks moved mostly higher during trading on Wednesday, adding to the strong gains posted in the previous session. With the continued advance, the Nasdaq and the S&P 500 more than offset the steep losses posted on Monday. The major averages ended the day just off their highs of the session. The Nasdaq jumped 288.40 points…
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From “Pet Rock” to Productive Asset: How GLDY is Modernizing Gold Ownership
For decades, the standard critique of gold from Wall Street has been simple: it’s a “pet rock.” It looks nice, it holds value over time, but it sits in a vault doing absolutely nothing. Unlike stocks that pay dividends or bonds that offer coupons, gold has traditionally been a non-yielding asset that actually costs money…
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Bargain Hunting Contributes To Significant Rebound On Wall Street
Following the sell-off seen in the previous session, stocks showed a strong move back to the upside during trading on Tuesday. The major averages all moved notably higher, with the tech-heavy Nasdaq leading the way. The major averages ended the day not far off their highs of the session. The Nasdaq jumped 236.41 points or…
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Renewed Tariff Uncertainty Contributes To Sell-Off On Wall Street
After turning in a strong performance last week, stocks moved sharply lower during trading on Monday. The major averages all showed significant moves to the downside, with the Dow tumbling to its lowest closing level in a month. The major averages ended the day off their lows of the session but still firmly negative. The…
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Connecting Excellence Group Expands to U.S. with OTCQB Listing.
Connecting Excellence Group PLC AQSE:XCE is taking its next step in international expansion, with shares now trading on the OTCQB in the United States under the ticker (OTCUS:XCELF). The move builds on the company’s existing London listing and signals a clear ambition: broaden access to U.S. investors while scaling a dual-engine business model that blends…
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U.S. Close Mostly Higher After Supreme Court Strikes Down Trump’s Tariffs
After recovering from an initial move to the downside, stocks fluctuated over the course of the trading session on Friday but largely maintained a positive bias before eventually finishing the day mostly higher. The major averages all closed in positive territory, with the tech-heavy Nasdaq posting a notable gain. The Nasdaq advanced 203.34 points or…
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U.S. Stocks Move Mostly Lower On Disappointing Walmart Guidance, Iran Concerns
Stocks moved mostly lower during trading on Thursday, giving back ground after turning in a strong performance in the previous session. The major averages all moved to the downside, although selling pressure was somewhat subdued. The major averages finished the day off their lows of the session but still in negative territory. The Dow slid…
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U.S. Stocks Pull Back Off Early Highs But Close Firmly Positive
Stocks showed a strong move to the upside in early trading on Wednesday before giving back some ground over the course of the session. The major averages pulled back well off their highs of the session but managed to end the day firmly in positive territory. Adding to the modest gains posted during Tuesday’s session,…
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The End of the “Cost of Carry”: Streamex Announces Launch Date for GLDY, the World’s First Yield-Bearing Tokenized Gold Security
For centuries, gold has been the ultimate store of value, but it has always come with a catch: it is a “lazy” asset. To hold physical gold, investors have historically had to pay for the privilege through storage fees, insurance costs, and management premiums. Today, Streamex Corp. (NASDAQ:STEX) announced it is officially ending that era.…
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U.S. Stocks Finish Lackluster Session Modestly Higher
After recovering from an early move to the downside, stocks turned in a relatively lackluster performance over the course of the trading session on Tuesday. The major averages spent the day bouncing back and forth across the unchanged line before eventually closing modestly higher. The Dow inched up 32.26 points or 0.1 percent to 49,533.19,…