ADVFN US – Market Content Editor

HSBC has raised its silver price forecasts, predicting that the metal could soon revisit—and potentially surpass—its all-time high from 2011. The bank said the powerful rally in gold is now spilling over into other precious metals that serve as safe-haven assets, driving silver sharply higher. In its latest outlook, HSBC increased its 2025 average silver…

Goldman Sachs said that while the stock market is showing patterns similar to those seen before previous bubbles, the current rally—particularly in technology shares—appears to be supported by solid fundamentals rather than excessive speculation. In a note to clients on Wednesday, the bank stated that “the equity bull market and the continued ascent of leading…

Bank of America (BofA) said this week that several technical indicators suggest the recent surge in gold prices may be nearing exhaustion as the precious metal approaches the psychologically important $4,000-per-ounce mark. “Earlier this year we presented bullish setups for precious metals,” BofA noted, adding that “gold joined the broader rally by breaking higher from…

Deutsche Bank said Tuesday that it expects both bitcoin and gold “will likely feature on central bank balance sheets by 2030,” as global monetary authorities adapt to a rapidly changing financial environment shaped by a weaker U.S. dollar and increasing geopolitical uncertainty. In its report titled “Gold’s reign, Bitcoin’s rise,” the bank highlighted that “Bitcoin…

Shares of Mycronic AB (USOTC:MYCRY) slid 10.7% on Friday following a bearish call from Bank of America, which began coverage of the Swedish electronics manufacturing equipment maker with an underperform rating. Bank of America analysts said that Chinese demand for display mask writers — one of Mycronic’s core product lines — “has reached its peak,”…

Shares of Elastic N.V. (NYSE:ESTC) jumped more than 10% in premarket trading after the company raised both its revenue and margin outlook during its Investor Day. Analysts at Barclays and RBC Capital Markets praised the company for successfully balancing product innovation with a cautious financial strategy. Barclays said Elastic struck the “right balance between product…

Bank of America (BofA) said Monday that investor conviction in shorting the U.S. dollar has fallen to its weakest level since Liberation Day, according to its latest market analysis. The bank emphasized that the drop in conviction was not the result of concerns over existing USD positions, which it said remained “largely contained.” This development…

Tesla, Inc. (NASDAQ:TSLA) recorded a 2.8% year-on-year increase in total vehicle shipments from its China operations in September, reaching 90,812 units, according to Bloomberg L.P. calculations based on preliminary data from the China Passenger Car Association. Compared with August, Tesla’s shipments rose by 9.2%, reflecting steady demand momentum in the world’s largest electric vehicle market.…