Author: Charlotte

Silver halts its advance and plunges over 2% on Wednesday amid growing speculation that a resumption of hostilities between the US and Iran—which exchanged fire overnight—increases the chances that major central banks will hike rates, a headwind for the non-yielding metal. The XAG/USD trades at $73.46 after peaking at nearly $75.30.XAG/USD Price Forecast: Technical outlookSilver continues to trade sideways within the $73.00-$78.50 range, except for reaching a four-week low of $71.79 on May 29. Price action shows that momentum is bearish, even though XAG/USD has been trading at the top/bottom of the 50-day Simple Moving Average (SMA) at $76.14, which…

The Trump administration’s appetite for direct equity investments in strategic industries may seem distant from the world of government contracting, but it is reshaping how the government thinks about deploying capital and will have an impact on the defense industrial base.Since the start of Trump’s second term, the administration has made 10 direct equity investments in private companies. This is highlighted by a $1 billion investment in the L3Harris Technologies rocket motor business, while others include stakes in Intel and several mineral suppliers.That increase in activity led the advisory firm Clark Street Associates to form a partnership with Finalis, a broker-dealer…

Strategy’s (MSTR) recent bitcoin BTC$66,924.57 sale has had an outsized impact on market sentiment, but Wall Street bank Citi says spot bitcoin exchange-traded fund (ETF) flows are the primary driver of BTC prices.Markets were rattled after Strategy disclosed the sale of a small portion of its bitcoin holdings, marking a rare departure from Executive Chairman Michael Saylor’s long-standing “buy and hold” approach. The largest cryptocurrency has slumped 9% since Sunday and earlier Wednesday dropped to the lowest since March.The sale should not have been a surprise, the bank said. Executive Chairman Michael Saylor mentioned plans to dispose of certain tax-disadvantaged…

These are the best-performing stocks over the last 3 months, 6 months, one year, three years, five years, and 10 years. All stocks on the list must meet the following basic requirements: At least $1 billion market capitalization At least a $5 share price At least 1 million in daily average volume. These criteria are chosen to avoid tiny companies that may have a great run one year but disappear the next. The criteria also tend to filter out pharma and biotech stocks that may jump a huge amount in a single day due to a data release on a…

Altruist, the technology-driven wealth management platform for independent financial advisors, announced a major expansion of its platform with the addition of alternative investments, margin lending, options capabilities, and enhanced money movement features. The new offerings are designed to help advisors provide sophisticated investment strategies and private market access to a broader range of clients through a single digital platform. The company’s newly launched alternatives marketplace includes private equity, real estate, and infrastructure strategies from leading asset managers such as Blackstone, J.P. Morgan Asset Management, KKR, and Pantheon. Advisors can complete subscription documentation, client signatures, reporting, and billing directly within the…

Guest Opinion It’s the end of Q1 for many Native business entities, and economic opportunity is abundant. Native Nations have learned from the past about the long trajectories of economic growth and now understand how to accelerate the deployment of capital and leverage assets toward positive profits and increased value. I am not taking away from the original innovators and their lessons learned, but rather acknowledging and honoring the foundation they built. Today, new markets are emerging across multiple industries. Native Nations are utilizing sovereign strategies, financial leverage, partnerships, and joint ventures. My glass is definitely half full. Banks are…

Gold, equity or debt? Check how fund managers of top multi-asset funds are taking different calls Moneycontrol.com Source link

(Credit: Bob Obba / YouTube)🍎 Apple’s iPhone Fold just leaked in a new image📱 The photo reveals a supposed dummy unit👀 It looks like what all the leaks have suggested: a passport-shaped foldable with two rear cameras⚙️ Meanwhile, details on the iPhone Fold hinge have also leaked📅 Apple is expected to announce its foldable iPhone this SeptemberThe first foldable iPhone is coming later this year, and as the days and weeks progress, we’re learning more about what Apple might have in store. New images have popped up that supposedly reveal a dummy unit of the upcoming iPhone Fold, complete with…

One of the project’s co-founders explained the latest introduction by the team, which promises to take a “different approach.” Although a growing number of its vast online community keeps lashing out at Pi Network’s lack of progress in certain areas, the Core Team continues to introduce new initiatives to improve the ecosystem. One of the latest was the incorporation of Pi ecosystem tokens on Mainnet, and co-founder Chengdiao Fan explained in a detailed video their idea and purpose. What Are Pi Ecosystem Tokens? She began by indicating that these new assets are tokens created by the community itself and…

The sound of fund gates slamming shut is never welcome. But when it comes to private equity, investors should be less surprised than with real estate or private credit. Still, Wednesday’s news that Partners Group Holdings AG has capped withdrawals from a $8.6 billion vehicle aimed at rich people is troubling for an industry that has put the wealth market at the center of its growth plans. Private equity has struggled to satisfy investors for years now because managers are finding it hard to sell portfolio companies for decent returns and hand cash back. Sentiment and fund raising…