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GLD

SPDR Gold Shares

https://www.spdrgoldshares.com/usa/

Industry

Asset Management

The Trust holds gold bars and from time to time, issues Baskets in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Sponsor believes that, for many investors, the Shares represent a cost-effective investment in gold.

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Newmont seeks to extend the permit for its Cadia mine in Australia until 2050, which would provide significant regional economic benefits and align with sustainability goals. The extension is under review by the NSW Department of Planning.

Portfolio Pulse from Stjepan Kalinic

October 31, 2024 | 11:53 am

U.S. markets closed lower due to declines in chip stocks, despite positive earnings from Microsoft, Meta, and Alphabet. U.S. GDP growth was slightly below expectations, but private payrolls exceeded forecasts. Crude oil prices rose on optimism about U.S. fuel demand, while the U.S. dollar softened.

Portfolio Pulse from Akanksha Bakshi

October 31, 2024 | 11:26 am

The article discusses the impact of recent earnings reports and economic data on various stocks and the broader market. AMD's stock fell despite meeting earnings expectations due to unmet whisper numbers for AI GPU guidance. Nvidia's software advantage is highlighted as a reason for AMD's struggle. ADP data shows strong job growth, potentially affecting Fed rate decisions. Eli Lilly's stock dropped after missing earnings expectations, impacting Novo Nordisk as well. Money flows are positive in some tech stocks but negative in others, including major ETFs.

Portfolio Pulse from The Arora Report

October 30, 2024 | 7:25 pm

Gold prices have reached a record high of $2,770 per ounce, driven by concerns over deficits and political uncertainty. The SPDR Gold Trust (GLD) has shown strong performance, while the iShares 20+ Year Treasury Bond ETF (TLT) has declined. Gold's rise defies traditional correlations with the U.S. dollar and Treasury yields, suggesting investors are seeking it as a safe haven amid fiscal concerns.

Portfolio Pulse from Piero Cingari

October 29, 2024 | 4:33 pm

Retail investors are betting on a Trump win, with Trump Media & Technology Group Corp (DJT) seeing significant gains. Meta Platforms Inc (META) plans to challenge Google's search dominance. DR Horton Inc (DHI) faces revenue challenges, causing stock declines. Money flows are positive for Alphabet (GOOG) and Tesla (TSLA), neutral for Amazon (AMZN), Microsoft (MSFT), and Meta (META), and negative for Apple (AAPL) and NVIDIA (NVDA).

Portfolio Pulse from The Arora Report

October 29, 2024 | 3:15 pm

U.S. markets closed higher on October 28th, driven by anticipation for major tech earnings and stable energy supplies. Key stocks like Alphabet, Meta, and Apple gained. Most S&P 500 sectors rose, except tech and energy. Crude oil prices rebounded slightly after a previous drop.

Portfolio Pulse from Akanksha Bakshi

October 29, 2024 | 10:51 am

The Nasdaq 100's performance this week hinges on earnings reports from five major tech companies: Apple, Amazon, Alphabet, Meta, and Microsoft. The Invesco QQQ Trust Series 1 (QQQ) is in a resistance zone, and a positive earnings spark could lead to a breakout. Money flows are positive in major tech stocks and ETFs like QQQ and SPY. Meanwhile, oil prices have fallen due to geopolitical tensions, and the Japanese yen is weakening, impacting Japanese stocks.

Portfolio Pulse from The Arora Report

October 28, 2024 | 3:10 pm

Oil prices dropped over 6% due to eased supply fears, while U.S. markets closed mixed with the Nasdaq rising. Tesla's positive sales forecast boosted tech stocks, and Nvidia briefly surpassed Apple in market value. Most S&P 500 sectors declined, except for information technology and communication services. Asian and European markets showed gains, and U.S. futures indicated a positive opening.

Portfolio Pulse from Akanksha Bakshi

October 28, 2024 | 11:06 am

Tesla's strong earnings have significantly boosted its market cap, potentially aiding the NASDAQ's breakout. Positive money flows are observed in major tech stocks and ETFs like QQQ and SPY, while Apple sees negative flows. Investors are advised to maintain a balanced protection band strategy.

Portfolio Pulse from The Arora Report

October 25, 2024 | 10:42 pm

The S&P 500 index saw an increase, with Capital One's stock rising due to an earnings beat. Meanwhile, gold prices and Treasury yields experienced a pullback.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 1:44 pm

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