Perpetua Resources has received unanimous approval from the EXIM board for funding to develop its Stibnite Gold Mine, benefiting from favorable gold prices and political backing for critical minerals. This funding provides the company with strong financial support under attractive terms, positioning it well in the current market environment. However, the investment's success depends on accurate gold price forecasts and sustained political support, with risks if either falters. Investors may find this a favorable entry point now, with potentially lower risk and reward after funding becomes official.
Cryptoquant founder Ki Young Ju predicts the peak of the current bitcoin bull cycle will come from institutional capital and ETFs outside the United States, highlighting regulatory and market access challenges in South Korea. Meanwhile, Russia's larg...
Bitcoin surged over 24% in August, driven largely by a massive short squeeze that liquidated $9.71 billion in crypto positions, mostly shorts. This rally marks Bitcoin's best monthly performance since 2017 but raises concerns about sustainability, as...
Caterpillar is expanding its use of AI from mining automation to broader construction and industrial applications, including AI-powered tools for technicians and digital twins for manufacturing. The company leverages data from 1.6 million connected m...
Closed-end funds (CEFs) saw mostly lower prices in the third week of August due to negative risk sentiment affecting both bonds and stocks. Some CEFs like Barings' middle-market lending funds (MCI and MPV) trade at premiums because of high distributi...
Since mid-July, the S&P 500 has gained $1.75 trillion in market value, but nearly 80% of this increase came from the technology sector, with Microsoft and Nvidia alone contributing $1.42 trillion. Other sectors like Communication Services, Utilities,...
