Hello investors, we have a week full of interesting economic results, anyway, have you also noticed the growth of commodities, specifically GOLD, which has rewritten its all-time highs with the price above 2700 USD?
European Central Bank ready to cut rates as inflation falls below target
-Rate cut expectedThis entry was posted in European Central Bank (ECB). to cut the key interest rate from 3.5% to 3.25%, which would be the third cut since June this year.
-Inflation is falling: Inflation in the eurozone fell in September to 1,8 %, below the target level for the first time in more than... Read more
Hello investors, what do you think about the current strengthening of banking companies, as an example $JPM-PK or $WFC? Anyone buying more stocks from this sector?
Rising oil prices due to geopolitical tensions in the Middle East
- Rising prices: Brent and WTI crude futures rose 1.27% and 1.41% respectively in response to geopolitical tensions and the risk of supply disruptions.
- Geopolitical risk: Israeli attacks in Lebanon and missile launches from Iran are escalating tensions in the region, causing oil prices to rise.
KinderCare targets valuation of up to $3.1 billion in U.S. IPO
- IPO Value: KinderCare Learning Companies, backed by Partners Group, is targeting a valuation of up to $3.09 billion in a U.S. initial public offering (IPO).
- Target Amount: The company plans to raise approximately $648 million through an offering of 24 million shares at a price range of $23 to $27 apiece.
Broadcom: stock growth and strong AI market position
- Stock Growth:$AVGO shares are upnearly 50%, driven by increased demand for artificial intelligence (AI) chips and collaborations with leading technology companies.
- AI revenue: $AVGO plans to reach $12 billion in AI revenue by 2024, significantly strengthening its position in the AI technology market.
Great company, it's a real shame I didn't buy their stock, it's a bit painful/sad now watching it grow.