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The agreement between Bloom Energy and Brookfield Asset Management is the latest deal to develop power solutions for data center campuses.
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GBP/USD slips as US–China tensions, cool, traders eye BoE speakers
The Pound Sterling slides during the North American session, down 0.18% as tensions between the US and China ease, following last Friday’s escalation, that prompted investors to buy safety assets. At the time of writing, the GBP/USD trades at 1.3325 after hitting a daily high of 1.3366. -
Gold tops $4100 for the first time.
Gold spent much of last week in correction mode after forming a double top near $4,059. The subsequent decline took the price below its 100-hour moving average (blue line in the chart) and under the 38.2% retracement of the prior uptrend from the October 2 low, which comes in at $3,967.54. However, sellers were unable to extend momentum through the 50% retracement at $3,939.20, with the market finding support just above that level at $3,943 before rotating higher starting on Thursday.
The rebound initially stalled near last week’s highs at $4,059.31, but buyers ultimately broke through that ceiling earlier today, propelling gold into new record territory. The rally has now carried the price to the $4,100 mark for the first time ever, underscoring the strength of bullish momentum.
For the year, gold is now up an impressive 56.23%, after ending last year at $2,624.60 — a remarkable run that continues to highlight its dominance as one of 2025’s top-performing assets.
Gold is back on fire after cooling off at the end of last week’s trading.
This article was written by Greg Michalowski at investinglive.com.
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Israel-Hamas ceasefire will not bring global freight fleet back to Red Sea quickly
The Israel Gaza ceasefire is a breakthrough for Middle East peace, but containerships will not be quick to return to the Red Sea after years of Houthi attacks. -
Tech and semiconductors rally: Oracle and Broadcom lead the charge
The US stock market is witnessing a bullish vibe today, predominantly driven by a surge in technology and semiconductor stocks. Noteworthy performances from Oracle and Broadcom highlight an invigorated mood amongst tech investors, contrasting with the mixed signals in consumer defensive and healthcare sectors.
🔍 Sector Overview
- Technology: A standout in today’s trading, with major players like Oracle (ORCL) jumping 4.49% and Microsoft (MSFT) edging up 0.69%. Investors are responding positively to upbeat earnings and potential growth catalysts in software and cloud services.
- Semiconductors: This sector is on fire, led by a 9.17% spike in Broadcom (AVGO) and a 2.85% increase in Nvidia (NVDA). The enthusiasm appears fueled by strong demand forecasts and technological advancements.
- Consumer Cyclical: Encouraging signs with Amazon (AMZN) rising 1.70% and Tesla (TSLA) up by 2.28%, hinting at sustained consumer interest in online retail and electric vehicles.
- Consumer Defensive: A more cautious scene with Walmart (WMT) slipping 0.34% and Procter & Gamble (PG) declining 1.07%, reflecting market wariness around rising costs.
📊 Market Mood and Trends
Today’s market sentiment is decidedly optimistic within the tech and semiconductor spheres, buoyed by robust earnings reports and persistent innovation. Conversely, apprehension hangs over consumer defensive sectors possibly due to inflationary pressures. This duality reflects investor readiness to embrace growth while maintaining caution.
💡 Strategic Recommendations
- Investors might consider increasing their exposure to technology and semiconductor stocks, given their resilient performance and growth potential.
- Caution is advised in consumer defensive sectors due to their current volatility, suggesting a balanced approach may be prudent.
- Keeping an eye on upcoming earnings reports could provide further clarity on sectorial momentum and possible adjustments for portfolios.
For more detailed market insights and real-time updates, stay connected with InvestingLive.com 📈📊. Diversifying investments across performing sectors might offer insulation against volatility and unlock superior growth opportunities.
This article was written by Itai Levitan at investinglive.com.
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Chip stocks bounce on Broadcom, OpenAI deal and easing China tensions
President Donald Trump said in a post to Truth Social over the weekend to not worry about China and it “will all be fine,” quelling some market fears. -
Oaktree’s Howard Marks says AI frenzy isn’t a bubble — at least not yet
Marks said while enthusiasm for AI stocks is undeniable, it hasn’t yet crossed into the realm of mania that defines a true bubble. -
Wharton’s Jeremy Siegel says it’s ‘scandalous’ the U.S. doesn’t have a rare earths reserve
Siegel told CNBC’s “Squawk Box” that the U.S. should create a rare earth minerals reserve as rising trade tensions threaten global supply chains. -
‘Long and painful nightmare’ is over, Trump says, on historic day for the Middle East
Trump arrived in Tel Aviv earlier Monday to mark the release of Israeli hostages by Hamas after more than two years in captivity. -
Sunset Market Commentary
Markets Tensions between the US and China eased over the weekend after Friday evening’s dramatic turn of events in which US President Trump slapped China with an additional 100% tariff from November 1st over export restrictions for rare earth commodities. Vice-president JD Vance and Trump later indicated that negotiations are ongoing. US Treasury Secretary Bessent, […]
The post Sunset Market Commentary appeared first on Action Forex.
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