Silver shines through correction after Diwali: Analysts see strong long-term case for the white metal
Silver’s recent price correction may appear unsettling to short-term traders, but investment experts see it as part of a healthy market cycle rather than a reversal in the metal’s long-term uptrend. According to ICICI Prudential Asset Management Company (AMC), silver’s growing industrial relevance and continued role as an inflation hedge provide strong support for its value in the years ahead.
Read MoreUnmatched Growth of XRP: Cryptocurrency Remains in the Top 15 for Eight Years
On the weekly chart, XRP trades near $2.38 following a correction from $3.65. A breakout of the ascending wedge is visible, followed by a rebound from the support zone around $2.30.
Bollinger Bands show price compression, and the MACD is close to a potential bullish crossover. Chaikin Money Flow (CMF) remains positive,
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Read MoreThese 2 Dividend Kings Are Combining in a $48.7 Billion Megadeal. Is It A Win-Win for Dividend Investors?
Why mutual funds are backing Lenskart’s ₹70,000 crore IPO despite steep valuation
The IPO, which opened on 31 October and closes on 4 November, comprises a fresh issue of ₹2,150 crore and an offer-for-sale of ₹5,128 crore. Lenskart raised ₹3,268 crore from 147 anchor investors ahead of the offer, including foreign institutions such as the Government of Singapore,
Read MoreStock market today: Dow, S&P 500, Nasdaq falter amid worries over frothy valuations
Russian crude shipments fell by the widest margin seen since January 2024 over the past month, according to vessel-tracking data from Bloomberg, as US sanctions have begun to show their effect.
Four-week average volumes of crude oil shipped from Russia’s ports tallied 3.58 million barrels per day for the period ended November 2,
Read MoreThe Burst
Forget Nvidia, This Under-the-Radar Chip Stock Might Have More Upside
Chances are, you’ve never walked into a store and bought something with the ASML logo on it but almost every smartphone, tablet, or electric vehicle in your life probably wouldn’t exist without ASML’s technology humming away in the background.
This Dutch powerhouse doesn’t make chips, it makes the machines that make the chips.
» Read more about: Forget Nvidia, This Under-the-Radar Chip Stock Might Have More Upside »
Read MoreThe Ivy
Forget Monster and Red Bull, Watch Celsius Now
Shares of Celsius Holdings (NASDAQ: CELH) climbed higher last week after the company unveiled an expanded partnership with PepsiCo (NASDAQ: PEP).
Under the agreement, Celsius will assume ownership of PepsiCo’s Rockstar Energy brand in the U.S. and Canada.
In exchange, PepsiCo will boost its stake in Celsius by investing almost $600 million in 5% convertible preferred stock,
» Read more about: Forget Monster and Red Bull, Watch Celsius Now »
Read MoreThe Spotlight
Market Legend Says Rethink Everything You Know About Stocks
When it comes to investing, few names carry the weight of Aswath Damodaran, the NYU professor who literally wrote the book on valuation.
In a wide-ranging conversation with Motley Fool, Damodaran shared a masterclass on navigating markets in uncertain times.
From the political entanglement of major corporations to the dominance of passive investing,
» Read more about: Market Legend Says Rethink Everything You Know About Stocks »