Gold Rally Pushes Newmont into Overbought Territory While Berkshire’s New CEO Eyes Kraft Heinz Exit
Key TakeawaysNewmont (NEM) has become one of Wall Street's most overbought stocks, with its shares recently hitting a 52-week high of $123.04 and a 14-day Relative Strength Index (RSI) of 77, fueled by a significant gold rally and strong earnings performance.Berkshire Hathaway's (BRK.A, BRK.B) new CEO, Greg Abel, has swiftly signaled a potential divestment of the conglomerate's long-held, troubled 325 million share stake in Kraft Heinz (KHC), marking a significant strategic shift in the company's investment ...