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Gold

Gold and silver prices prepare for a $50 trillion black swan event

Commodity prices have retreated in the past few weeks as concerns about the economy worsens. Electric vehicle metals like lithium and nickel have all plunged while crude oil prices retreated ahead of the latest OPEC+ meeting. Gold price, which hit a record high recently, has dropped to about $1,950. Similarly, silver price has moved into […] The post Gold and silver prices prepare for a $50 trillion black swan event appeared first on Invezz.

• May 30, 2023 10:14 PM PDT
• Invezz

World News

The next housing market crash forecasts are a mirage

Concerns about the housing market have been around since the last Global Financial Crisis. With interest rates rising, there have been worries that the residential market will tumble this year as demand wanes and as inflation remains at an elevated level. In this next housing market forecast, I will assess whether the industry will correct […] The post The next housing market crash forecasts are a mirage appeared first on Invezz.

• May 30, 2023 09:40 PM PDT
• Invezz

Latest

Elon Musk meets with the foreign minister of China

Shares of Tesla Inc (NASDAQ: TSLA) opened up this morning as CEO Elon Musk met with senior officials in China. It’s his first visit to Beijing since the start of the pandemic. Analyst comments on Musk’s visit to China Most importantly, the billionaire spoke with Qin Gang – the Foreign Minister of China. Gang reportedly […] The post Elon Musk meets with the foreign minister of China appeared first on Invezz.

• May 30, 2023 09:42 AM PDT
• Invezz

Market Analysis

NASDAQ 100’s surge continues as NVIDIA joins the $1 trillion club

The NASDAQ-100 index is surging. It is up more than +32% YTD, and investors can’t get enough tech stocks as they wish. Several factors contributed to the resurgence. For example, some companies, such as Amazon (NASDAQ:AMZN) or Meta (NASDAQ:META), have discovered the merits of cost-cutting. The result? Investors rewarded them with higher stock prices. Also, […] The post NASDAQ 100’s surge continues as NVIDIA joins the $1 trillion club appeared first on Invezz.

• May 30, 2023 09:31 AM PDT
• Invezz