Workflow
Gold (XAU/USD) Price Forecast: Consolidates Near Record High, Pullback Risk Rises
FX Empire· 2025-09-11 20:55
Resistance Confirmed at Measured MovesAn upside target zone was reached this week, where resistance developed. Two measured moves completed at that level, highlighted as rising ABCD patterns on the chart. The bearish response that followed indicates the market recognized the zone. Despite the reaction, underlying buying pressure remains evident as gold continues to hold near record highs. Still, the shooting star trigger and consecutive lower highs and lows highlight the potential for a deeper pullback befo ...
Why Broadcom Could Be the Next Mega-Cap Monster Stock
Yahoo Finance· 2025-09-11 20:55
“Magnificent 7” tech giants NVIDIA (NVDA), Microsoft (MSFT), and Apple (AAPL) dominate passive investing flows. But a quiet shift is underway: Broadcom (AVGO) is carving out a larger share of the pie. In the Sept. 5 Market on Close livestream, John Rowland, CMT, explained how Broadcom is benefiting from the concentration trend that defines modern equity markets — and what it means for traders and investors. More News from Barchart Passive Investing and Concentration Every dollar that goes into large-ca ...
Trump asks appeals court to let him fire Lisa Cook before next week's Fed meeting
CNBC· 2025-09-11 20:54
U.S. President Donald Trump and Lisa Cook, governor of the U.S. Federal ReserveLawyers for President Donald Trump on Thursday asked a federal appeals court to let his bid to fire Federal Reserve Board Governor Lisa Cook take effect before the central bank's rate-setting committee meets next week.The request to the U.S. Court of Appeals for the District of Columbia Circuit came two days after a lower-court judge blocked Trump from removing Cook from her post while her lawsuit proceeds.The Federal Open Market ...
As jobless claims rise, unemployment benefits aren't keeping up with inflation. Here's what to know.
MarketWatch· 2025-09-11 20:54
Newly unemployed workers are facing higher inflation without a corresponding increase in jobless benefits to match. ...
CPOP Adds $33M in Bitcoin; Treasury Move Spurs 56% Stock Spike, Then Pullback
Yahoo Finance· 2025-09-11 20:52
Chinese entertainment company CPOP has acquired 300 Bitcoin worth $33 million for its new crypto treasury fund. Following Tuesday’s announcement, the company’s stock surged 56% from $1.35 to $2.11 before retreating to $1.56 amid broader market volatility. This latest acquisition follows CPOP’s July announcement of plans to enter crypto markets, which initially drove shares up 270% from around $0.50 as investors anticipated the company’s digital asset shift. Pop Culture Group Co., Ltd. has established wh ...
PACCAR offers Allison Neutral at Stop Technology as Standard Offering for Vehicles Equipped with Allison Rugged Duty Series™ Transmissions
Prnewswire· 2025-09-11 20:52
Accessibility StatementSkip Navigation INDIANAPOLIS, Sept. 11, 2025 /PRNewswire/ --Â Allison Transmission is proud to announce that its Neutral at Stop fuel saving technology is now the standard offering on Kenworth and Peterbilt models equipped with Allison 4700 Rugged Duty Seriesâ"¢ transmissions. This feature is designed to improve fuel efficiency and reduce operating costs for commercial fleets. This standardization will benefit fleets operating in stop-start duty cycles, such as urban delivery and refu ...
Is the Options Market Predicting a Spike in Vericel Stock?
ZACKS· 2025-09-11 20:51
Group 1 - The stock of Vericel Corporation (VCEL) is experiencing significant attention due to high implied volatility in the options market, particularly for the Oct. 17, 2025 $30 Call option [1] - Implied volatility indicates the market's expectation of future price movement, suggesting that investors anticipate a significant change in Vericel's stock price, potentially due to an upcoming event [2] - Currently, Vericel holds a Zacks Rank 4 (Sell) in the Medical - Biomedical and Genetics industry, with no analysts increasing earnings estimates for the current quarter and three analysts reducing their estimates, leading to a consensus estimate shift from earnings of 5 cents per share to a loss of 2 cents [3] Group 2 - The high implied volatility surrounding Vericel may indicate a developing trading opportunity, as options traders often seek to sell premium on options with high implied volatility to benefit from time decay [4]
More banks take hits from auto lender's bankruptcy
American Banker· 2025-09-11 20:50
Key Insight: Tricolor's business model differed from other auto finance companies, which could have contributed to its problems.What's at Stake: It's unclear how many more lenders may take losses due to connections with Tricolor, or on subprime auto loans.Forward Look: A former Tricolor lawyer said the federal government is investigating the situation.A subprime auto lender's bankruptcy due to alleged fraud is dealing blows to a wide range of institutions — from a community bank in Louisiana to America's bi ...
CHINA AUTOMOTIVE SYSTEMS COMPLETES REDOMICILIATION MERGER
Prnewswire· 2025-09-11 20:50
WUHAN, China, Sept. 11, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that the redomiciliation merger to redomicile the Company as a Cayman Islands company (the "Redomiciliation Merger") has been completed. Pursuant to the Redomiciliation Merger, each outstanding share of the common stock of the Company was converted into the right to receive one ordinary share of China Automoti ...
Quant Buys In Cannabis (undefined:GTBIF)
Seeking Alpha· 2025-09-11 20:50
carlofranco/iStock via Getty Images Listen here or on the go via Apple Podcasts and Spotify Cannabis has bipartisan support, but is it worthy of your investment? Quant Strategist Emma Johnston covers how quant thinks about sector ETF MSOS (0:25). Buys becoming sells and vice versa (4:55). MSOS risks (8:18). US based cannabis buys (14:40). Is Green Thumb (OTCQX:GTBIF) a buy? (19:45) Transcript Rena Sherbill: Very happy to welcome to Investing Experts, our Quant Strategist, Emma Johnston. Welcome to th ...