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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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The article discusses the disappointing personal income and spending data, a DOJ probe into Super Micro Computer (SMCI) for accounting irregularities, and the impact of Japan's new PM on the yen. It highlights the importance of cautious investment in AI and the significance of money flows in major tech stocks and ETFs.

Portfolio Pulse from The Arora Report

September 27, 2024 | 3:30 pm

The article discusses the impact of China's potential stimulus plan on global markets, highlighting a positive sentiment in U.S. stocks, particularly in the semiconductor and AI sectors. Micron Technology's stock surged due to negative Wall Street positioning despite mediocre earnings. The article also notes positive money flows in major tech stocks and ETFs, and provides investment strategies considering current economic conditions.

Portfolio Pulse from The Arora Report

September 26, 2024 | 4:17 pm

Gold prices are rising in response to the Federal Reserve's recent decision to cut interest rates.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:35 pm

U.S. consumer confidence fell sharply in September due to labor market concerns, increasing the likelihood of a 50-basis-point interest rate cut by the Federal Reserve in November. The SPDR S&P 500 ETF Trust (SPY) stalled, and the SPDR Gold Trust (GLD) rose as market reactions were swift.

Portfolio Pulse from Piero Cingari

September 24, 2024 | 3:56 pm

The article discusses the current market exuberance for stocks related to AI data centers, highlighting Quanta Services (PWR) as a key player. It also covers China's economic moves impacting commodities like copper and oil, and provides insights into money flows in major tech stocks and ETFs.

Portfolio Pulse from The Arora Report

September 24, 2024 | 3:40 pm

Tech stocks, represented by QQQ, are nearing a resistance zone, with QQQ underperforming compared to DJIA and S&P 500. Money flows are positive in GOOG, META, NVDA, TSLA, SPY, and QQQ, neutral in AMZN, and negative in AAPL and MSFT. Global sentiment is lifted by China's stimulus hopes, while geopolitical tensions in the Middle East pose risks.

Portfolio Pulse from The Arora Report

September 23, 2024 | 2:59 pm

Federal Reserve Governor Michelle W. Bowman dissented from the majority decision for a 50-basis-point interest rate cut, advocating instead for a 25-basis-point reduction due to persistent inflation concerns. This dissent marks a significant break from two decades of unanimous Fed decisions. Despite contrasting views from Fed Governor Christopher Waller, who supports a larger cut due to softening inflation, the market reaction was muted, with the S&P 500 and Treasury yields remaining steady. However, gold prices reached new highs.

Portfolio Pulse from Piero Cingari

September 20, 2024 | 7:43 pm

The article discusses the revival of nuclear power driven by AI's energy demands, highlighting Constellation Energy Corp's (CEG) role in this trend. Microsoft (MSFT) is signing a power purchase agreement with CEG, which plans to restart Three Mile Island Unit 1. The article also mentions the impact of quad witching on the stock market and provides insights into money flows in major tech stocks and ETFs.

Portfolio Pulse from The Arora Report

September 20, 2024 | 2:29 pm

U.S. markets closed higher after a Fed rate cut, with gains in Tesla, Apple, Meta, and Nvidia. Asian markets also rose, while European markets declined. Gold hit a new high, and oil prices fell. The U.S. dollar strengthened, and jobless claims were better than expected.

Portfolio Pulse from Akanksha Bakshi

September 20, 2024 | 10:49 am

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