Despite being sold off earlier this year, Jefferies remains optimistic about SQM’s prospects in the commodities market. Analyst Alejandro Demichelis has upgraded U.S. shares of the Latin American lithium producer to buy from hold. He has also raised the price target by $10.80 to $62.80, indicating a potential upside of 31.9%. This upgrade is based
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New York State officials have extended the fiscal 2025 budget deadline twice already, with another extension likely on the way. This delay, although not alarming according to Ladunni Okolo, poses challenges such as funding for education and affordable housing. The ability of the state to pay its obligations, particularly its debt, is a major concern
The meme coin trend continues to gain traction within the cryptocurrency community, particularly on the Solana blockchain. This uptrend highlights a thriving market where meme coins not only persist but also thrive. One of the driving factors behind this surge in interest and user adoption is the inherent advantages of the Solana blockchain. With its
The recent fluctuations in the U.S. dollar have left investors on edge, with all eyes now turning towards the upcoming U.S. inflation data. Last week saw a mixed bag of economic indicators, from a slowdown in services growth to unexpectedly strong hiring numbers. This disparity led to a reevaluation of expectations for Federal Reserve rate
The recent blowout nonfarm payrolls report in the United States has led to a significant shift in market sentiment towards Asian currencies. The expectation of higher interest rates in the U.S. has put pressure on Asian units, causing them to trade in a tight range. This tightening range indicates a level of caution among investors
The recent surge in copper prices has caught the attention of investors and analysts alike. With the futures contract for May delivery of copper reaching its highest level since January 2023, touching $4.2565 on Thursday, many are looking for opportunities to capitalize on this trend. According to Chris Verrone, head of Strategas’ technical strategy and
Anthony Scaramucci, the founder of SkyBridge Capital, continues to express optimism about the future of Bitcoin, despite its recent pullback from a record high of $74,000. This pullback was largely influenced by a broader selloff in the cryptocurrency market and the introduction of spot Bitcoin ETFs. In a recent interview with CNBC, Scaramucci pointed out
Amidst a stock market rally showing signs of strain, commodity funds have started gaining momentum. The recent performance of major commodity funds such as SPDR GLD Shares ETF, iShares Silver Trust, and United States Oil Fund LP has caught the attention of investors. These gains, coupled with surges in under-the-radar agricultural commodities like cocoa, have
As Gatorade celebrates its upcoming 60th anniversary, the brand is not slowing down but rather expanding into new categories such as unflavored water and energy drink mixes. Since its establishment in 1965, Gatorade has maintained its position as the dominant sports drink, capturing 63.5% of the U.S. sports drink market in 2023. However, as competition
Twilio, a software and communications solutions company, has been making waves in the industry with its cloud communications platform. Despite its impressive stock market value of $10.94B and a solid position in the market, the company has been struggling to achieve profitability. In this critical analysis, we will delve into the challenges and opportunities facing