Copper prices reaching record highs due to demand from electrification and strategic stockpiling by China. Top stock picks include ANFGF, FCX, and TECK.
Pinduoduo (PDD) will report Q1 earnings on Tuesday. Technical indicators and positive news support a bullish outlook, with analysts predicting higher margins and overseas market expansion. $248 price target set by UBS.
World shares, gold, and Copper began the week near record highs, driven by investor optimism from slower inflation, economic growth, and China's property crisis efforts.
J.P. Morgan's recent Battery Series provided insights on the industry's future, with 20-23% YoY growth projected for global EV sales in 2024. China leads, while US and Europe have muted expectations. Focus on fast charging & cost reduction. Localization trends impact supply chain.
Asian markets showed mixed results on Friday, with India's Nifty 50 and China's indices gaining. China and Hong Kong stocks benefited from measures to boost the property market. Meanwhile, the European markets declined, and commodities showed minor fluctuations.
In an exclusive interview with Benzinga Cannabis, Aaron Bloom, an attorney and CEO of DocMJ, a multistate cannabis clinic, delved into the legal steps for rescheduling cannabis to Schedule III in the
Asian markets rallied on Thursday, with Japan's Nikkei 225, Australia's S&P/ASX 200, India's Nifty 50, and China's indices all closing higher. Despite a small dip in commodities, world stocks reached a record high, fueled by hopes of U.S. interest rate cuts. However, European markets bucked the global trend, edging lower due to disappointing earnings.
cbdMD, Inc. (NYSE: YCBD) announced its financial results for the second quarter of fiscal 2024, ending March 31, 2024. Despite an increase in operational losses from $1.4 million in Q2 fiscal 2023 to $1.5 million in Q2 fiscal 2024, management remains optimistic.