US stocks rise, oil prices plunge on hopes Trump can restore Israel-Iran cease-fire
US stocks rose while oil prices plunged sharply Tuesday as investors hoped that President Trump could restore a fragile cease-fire agreement between Israel and Iran.
Also on Tuesday, Federal Reserve Chair Jerome Powell said in prepared comments for his testimony to Congress that the central bank is in no rush to cut interest rates as it continues to maintain a “wait-and-see” approach.
Read MoreIs Gold having its moment — or it is just another bubble?Expert breaks down the right strategy
As the Iran-Israel conflict intensifies and the United States deepens its involvement, global investors are once again turning to gold, not just as a traditional safe haven, but as a strategic, high-performing asset. The yellow metal’s appeal now goes beyond geopolitical uncertainty, underpinned by its growing role in diversified portfolios through gold-based funds and ETFs.
Read MorePowell says Fed can wait to reduce interest rates as Trump demands cuts
Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce borrowing costs. Powell has often received a positive reception before House and Senate committees that oversee the Fed, or at least muted criticism. Powell has also often cited his support in Congress as a bulwark against Trump’s attacks,
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Read MoreWhy is the stock market up today? Dow, Nasdaq rally on Trump ceasefire, Powell remarks
U.S. stocks are sharply higher on Tuesday with the Dow Jones Industrial Average gaining 0.9%—roughly 400 points—alongside a 1.1% jump in the Nasdaq and a 0.9% lift in the S&P 500. The rally follows a high-profile ceasefire declaration from President Donald Trump and dovish signals from Federal Reserve Chair Jerome Powell.
Read More10 Reasons to Buy and Hold This Dividend Stock Forever
Warren Buffett once said his favorite holding period for the right stock was “forever.” However, it can be tough to find the right stock to simply buy,
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Read MoreThe Burst
Will Archer Aviation Make Flying Taxis a Reality?
For decades, flying cars have been the stuff of science fiction. But now, they’re inching closer to becoming part of our everyday lives and Archer Aviation (NYSE: ACHR) is one of the startups trying to make that future take off.
Archer is building what’s known as eVTOLs, electric vertical takeoff and landing aircraft.
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Read MoreThe Ivy
1 Company You’ve Probably Never Visited But Touch Every Day
At first glance, TSMC might look like just another chipmaker. But that’s like calling Lamborghini just another car company. TSMC doesn’t design chips, it builds them, using some of the most advanced manufacturing technology in existence.
TSM’s fabrication facilities, or “fabs,” can etch transistors smaller than viruses onto silicon wafers. That’s not hyperbole;
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Read MoreThe Spotlight
Will This AI Goliath Hit $4 Trillion by 2027?
While no company has reached that towering $4 trillion milestone yet, Microsoft, Apple, and Nvidia are all within striking distance.
It’s not inconceivable that any one of them could be first past the post but if you’re asking who not only gets there, but stays there, the strongest case can be made for Microsoft.
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