Oak View Group CEO Tim Leiweke was indicted on a federal criminal conspiracy charge related to allegedly rigging a bid to develop, manage, and operate the University of Texas’ basketball and entertainment arena in Austin, the Department of Justice said Wednesday. Oak View Group, which will pay $15 million in penalties in connection with the…
SAN FRANCISCO — OpenAI is close to releasing an AI-powered web browser that will challenge Alphabet’s market-dominating Google Chrome, three people familiar with the matter told Reuters. The browser is slated to launch in the coming weeks, three of the people said, and aims to use artificial intelligence to fundamentally change how consumers browse the…
Amazon is extending its annual Prime Day sales and offering new membership perks to Gen Z shoppers amid tariff-related price worries and possibly some consumer boredom with an event marking its 11th year. For the first time, Seattle-based Amazon is holding the now-misnamed Prime Day over four days. The e-commerce giant’s promised blitz of summer…
Chinese chain Luckin Coffee opened its first two U.S. locations this week, betting that mobile-only ordering and creative flavors can lure customers away from Starbucks. Both new Luckin stores are based in Manhattan, and at the midtown location on Wednesday, Sam Liu took a sip of her jasmine cold brew. “I’ve never tried anything like…
If you’re serious about trading or investing, establishing a weekly market routine is a must. But where do you begin? In this eye-opening video, Grayson Roze, Chief Strategist at StockCharts, shares the method he uses every week to stay aligned with the market’s biggest drivers — the top 25 stocks by market cap. Learn how…
The S&P continues to push higher, with the equity benchmark almost reaching 6300 this week for the first time in history. With so many potential macro headwinds still surrounding us, how can the market continue to reflect so much optimism? On the other hand, when will bulls wake up and realize that this market is obviously overextended…
As we navigate the evolving stock market landscape, understanding key sectors and their trends is important, especially during earnings season. This week, the spotlight shines on the Financial sector, with several of the largest banks reporting. Five of the top 10 holdings within the Financial Select Sector SPDR ETF (XLF) are on deck: J.P. Morgan…
(TheNewswire) The net proceeds raised from the Offering will be used to advance the high-grade El Potrero gold-silver project in Durango, Mexico, and for general working capital. Mr. Michael Kott, Pinnacle’s largest shareholder, and an insider of the Company, has indicated his intention to subscribe…
Mani Alkhafaji, vice president of corporate of development and investor relations at First Majestic Silver (TSX:AG,NYSE:AG) discusses silver’s recent price rise. He notes that the gold-silver mining ratio is at seven to one, while the price ratio is at 90 to one. ‘That tells us silver needs to play catch up to collapse that ratio,’…
Has silver’s moment finally arrived? Precious metals analyst Ted Butler believes the answer is ‘yes.’ ‘I think this is the moment, because we broke through technically what was a really important level — that US$35, US$36 (per ounce) level,’ he said. He sees a clear path for silver to outperform gold. Securities Disclosure: I, Charlotte…
Adrian Day, president of Adrian Day Asset Management, shares his latest thoughts on gold. He also discusses the opportunity in gold stocks, saying that while as a group they’re up 55 percent in last year, valuation metrics are lower than they were two years ago. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest…
After soaring to all-time highs during the first quarter of 2025, how could gold follow up during Q2? By setting new price records, of course. Tariff threats, financial uncertainty and geopolitical tensions all fueled the yellow metal’s price rise during the second quarter of the year, which saw gold reach the US$3,500 per ounce mark…
Oak View Group CEO Tim Leiweke was indicted on a federal criminal conspiracy charge related to allegedly rigging a bid to develop, manage, and operate the University of Texas’ basketball and entertainment arena in Austin, the Department of Justice said Wednesday. Oak View Group, which will pay $15 million in penalties in connection with the…
Up to this point, the S&P 500 ($SPX) has now stayed above the 6,200-mark for eight straight days. The upside follow-through has been limited, but the drawdown has also been shallow. The onus continues to be on the bears to do something with the stretched state. We discuss this in terms of the CappThesis Market…
