Great news today from Wired Science http://www.wired.com/wiredscience/2…+wired/index+(Wired:+Index+3+(Top+Stories+2)) China has officially announced it will launch a program to develop a thorium-fueled molten-salt nuclear reactor, taking a crucial step towards shifting to nuclear power as a primary energy source. If the reactor works as planned, China may fulfill a long-delayed dream of clean nuclear energy. The United…
As at March 21st 2024, dog-themed meme coin and social media darling BONK is up over 3000% year-on-year. So what’s driving its phenomenal growth – and how is BONK different to other dog-based meme tokens? Updated June 9th 2024. The BONK meme coin is up over 7000% year-on-year. In this blog post, we will explain…
The recent election results in India, contrary to exit poll expectations, have stirred up market dynamics, prompting a surge in volatility and a potential shift in risk perception. Here’s a breakdown of Citi Research’s analysis and initial reflections on the implications: 1. Valuation Volatility: The disparity between exit polls and actual outcomes may lead to…
bgwalker My initial coverage of Walmex – officially, Wal-Mart de México, S.A.B. de C.V. (OTCQX:WMMVY)(OTCPK:WMMVF) – turned out to be well-justified. Against a then-current price of about $42 on Jan 2, the current as-of-writing price of $35 or so represents a +15% YTD dip. My rating was a Hold, and I mentioned that near-term headwinds…
Nvidia Corp.’s Jensen Huang has steadily climbed the ranks of the world’s wealthiest as the market value of his computer-chip maker touches $3 trillion. Huang hit another milestone on Friday, passing personal computer pioneer Michael Dell to become the world’s 13th-richest person with a net worth of $106.1 billion, according to the Bloomberg Billionaires Index….
by Calculated Risk on 6/08/2024 08:11:00 AM The key report this week is May CPI. The FOMC meets on Tuesday and Wednesday, and rates are expected to be unchanged. —– Monday, June 10th —– No major economic releases scheduled. —– Tuesday, June 11th —– 6:00 AM ET: NFIB Small Business Optimism Index for April. —–…
Brave New Coin is of the honestly held opinion that cloud mining websites BlueskyMiner.com, Sunminer.com, X.CGmining.com (also know as CGMining or CGMiner) and GlobaleCrypto.com are scams. The scams are similar to others from Fancy Crypto, GBitcoins, HappyMiner, and AMGCrypto. There is a long history of cloud mining scams in the crypto space, and after conducting…
Despite Indian benchmark indices ending with strong gains this week, foreign portfolio investors (FPIs) have remained unenthusiastic in June so far, off-loading Indian equities worth Rs 14,794 crore. In 2024 year-to-date, FPIs have off-loaded stocks worth Rs 38,158 crore. FPIs continued the trends in June from May and April, in which they sold shares worth…
In finance, a new method is gaining ground, mixing numbers with our behavior. This fresh way of looking at things is called quantitative behavioral finance. It combines data with what we know about how people think and act. The goal is to make our investment plans better and our decisions smarter. This approach doesn’t just…
After dropping initially, equity markets are shrugging off a much hotter-than-expected jobs report. While not a full-fledged rally, the market seems to be ignoring the headline number and paying more attention to the details inside the report. That headline number showed that 272,000 jobs were created in May 2024, much more than the 190,000 jobs…