Copper prices reaching record highs due to demand from electrification and strategic stockpiling by China. Top stock picks include ANFGF, FCX, and TECK.
Goldman Sachs sees potential for further rise in Chinese stocks due to improving macroeconomic performance and policy support, with a 60% probability of continuing gains and potential average returns of 35% in the next 6 months.
The open interest in Ethereum (CRYPTO: ETH) futures has reached an all-time high of $15.1 billion, reflecting a surge in investor interest. This spike is attributed to the growing optimism surrounding the potential approval of spot exchange-traded funds in the U.S.
Nvidia prepares for Q1 2024 earnings, with EPS expected to be 5x higher than last year and revenue projected to be 3x higher. AI-driven gains extend beyond chipmaking to power, commodities, and utilities, with Nvidia's market cap increasing by $1.5 trillion since Q1 2023.
Dow Jones hits 40,000 for the first time ever. Analyst Ed Yardeni forecasts the Dow to reach 60,000 by 2030 and S&P 500 to climb to 8,000. Strong earnings growth fuels optimism.
The ICC's chief prosecutor has requested arrest warrants for Israeli Prime Minister Benjamin Netanyahu and Defense Minister Yoav Gallant for war crimes.