Investing and Stocks News
For the first time in nearly 10 years, a Berkshire Hathaway employee claimed Warren Buffett’s $1 million grand prize for his company’s NCAA bracket contest. An anonymous employee from aviation training company FlightSafety International, a subsidiary of Buffett’s Berkshire, won the annual internal bracket contest after correctly calling 31 of the 32 games in the first round of…
Fintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase to offer its buy now, pay later loan services to merchants on the bank’s payments network. U.S. merchants who use JPMorgan to handle payments can soon add Affirm to their checkout pages, according to a release. Consumers will have access to loans ranging from 30 days…
The stronger-than-expected Services PMI reported on Monday injected optimism into the stock market. There was also some relief as news hit that the April 2 implementation of tariffs may be scaled back. On Tuesday, however, the market hit the brakes and stalled the upside momentum. Consumer confidence fell by 7.2 points in March, a sign…
Rare earth metal production was on the rise again in 2024, jumping to 390,000 metric tons worldwide — that’s up threefold from 132,000 metric tons in 2017. Rare earths are critical in electric vehicles, renewable energy, military applications and high-tech industries. Demand for rare earth metals such as neodymium, dysprosium, praseodymium and yttrium is increasing…
Canadian investors are facing increasing uncertainty, and as theylook to mitigate risk and hedge against inflationary pressures, it’s becoming tricky to find the right strategies. “Canada has very stagflationary macro conditions, which historically haven’t been good for inflation-adjusted returns for public equities,” he said. Stagflation refers to slow economic growth and high inflation, and Johnston…
Jordan Roy-Byrne, CMT, MFTA, shares his outlook for gold and gold stocks. The Daily Gold editor and publisher also touches on the outlook for silver and the US stock market. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This post appeared first on investingnews.com
Inca Minerals (ICG:AU) has announced Stunalara Acceptances Pass 90% Download the PDF here. This post appeared first on investingnews.com
Genetic testing company 23andMe (NASDAQ:ME) has filed for Chapter 11 bankruptcy protection in a Missouri federal court, marking a dramatic fall for a company once valued at nearly US$6 billion. Alongside the bankruptcy, the Associated Press reported that co-founder Anne Wojcicki has stepped down as chief executive, effective immediately, though she will remain on the…
Electra Battery Materials (TSXV:ELBM,NASDAQ:ELBM) announced on March 21 that it has received a letter of intent from the Canadian government for C$20 million in proposed funding. The money would support the construction and commissioning of North America’s first battery-grade cobalt refinery, a critical step toward strengthening the region’s electric vehicle (EV) supply chain. The refinery,…
Gold’s surge to record highs is beginning to reinvigorate investor confidence in companies focused on the yellow metal, reversing months of outflows and fueling fresh optimism in the sector. With the gold price breaching US$3,000 per ounce and climbing over 15 percent in 2025, investors are reassessing the profitability of gold-mining companies as the metal’s…