Gold faces downward pressure as rising U.S. Treasury yields increase the opportunity cost of holding gold, a non-yielding asset. Bloomberg strategist Mike McGlone warns that despite recent yield declines, gold is unlikely to gain much support in the second half of 2024 and into 2026, especially if equity market momentum slows. The Federal Reserve's focus on inflation and potential rate hikes could further strengthen bonds as a safer investment, reducing gold's appeal. Silver is also expected to decline alongside gold, despite strong industrial demand, due to economic factors dominating price movements.
Moore Law, PLLC is investigating BellRing Brands, Inc. for allegedly misrepresenting its sales growth as driven by increased consumer demand, while it was actually due to key customers stockpiling inventory. The company reportedly downplayed competit...
An insider at Progyny (PGNY) sold 5,500 shares valued at $137,000. Insider sales can indicate the insider's personal financial decisions or a signal about the company's future prospects. Investors often watch such moves closely to gauge confidence le...
Law Offices of Howard G. Smith announced class action lawsuits against Calix, AeroVironment, Zoetis, and Lucid Group for allegedly making false or misleading statements about their business conditions and prospects during specific periods in 2025 and...
TALON and Smart Data Solutions (SDS) have deepened their partnership to extend TALON's Universal Repricer and UAPA™ pricing technology across SDS's EDI clearinghouse. This expansion allows more health plans, TPAs, and self-funded employers to apply e...
Solana's onchain trading card game ecosystem has exceeded $1 billion in total trading volume, driven mainly by Collector Crypt, which allows users to trade tokenized cards and redeem physical copies. The platform alone reached about $1.05 billion in ...
