[ad_1] Pankaj Pandey commented that the IT sector continues to struggle. Most companies have reported muted earnings, and uncertainty around global tariffs is still weighing heavily on sentiment. However, selective names like Coforge and Persistent may still deliver mid-single-digit growth.He remains bullish on commodities. Cement demand is projected to grow 7% this year, while supply growth remains at around 6%. According to Pankaj Pandey, this supply-demand balance should improve utilisation rates and margins.He also sees a gradual improvement in steel prices, and expects the momentum to pick up further in the second half of the year.Pankaj Pandey said the hotel…
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[ad_1] A trader on the floor of the New York Stock Exchange at the opening bell on May 6, 2025.Timothy A. Clary | Afp | Getty ImagesThe S&P 500 moved higher on Monday as optimism around earnings overshadowed any investor fears over the latest developments in trade.The broad market index rose 0.14% and closed at 6,305.60 — marking the first time it ended a session above the 6,300 threshold. The Nasdaq Composite jumped 0.38% for a closing record of 20,974.17. Both indexes hit new all-time intraday highs earlier in the session, bolstered by advances in major technology names like Meta…
[ad_1] Affected Industries Carbon Project Developers Forestry Agriculture Renewable Energy Environmental Remediation Senate Draft of BBB Would Standardize and Reduce Value of 45Q Credit, Diminishing Incentives for Long-Term Carbon Storage The Senate’s draft of the “One Big Beautiful Bill” (BBB) proposes several material changes to Section 45Q of the Internal Revenue Code (IRC) that would significantly affect carbon capture and storage (CCS) project developers, including provisions of Section 45Q related to credit values and inflation adjustment. Key Takeaways The Senate draft of the BBB would: Prohibit certain foreign entities from claiming the 45Q credit. This proposed prohibition aligns with broader efforts to…
[ad_1] The rhetoric is getting louder. Potential contenders to replace the head of the U.S. central bank are lining up for that coveted position. The president’s demand for lower interest rates is now almost a daily occurrence. Why?Jerome Powell, the chairman of the U.S. Federal Reserve, is now on President Donald Trump’s naughty list. The White House and its allies have intensified their assault on the Fed chairman. The president is actively asking his allies in Congress if he should fire Powell — if he can. Some members of his administration are using the Fed’s over-budget $2.5 billion headquarters renovation…
[ad_1] Disseminated on behalf of West Red Lake Gold Mines Ltd. While tech stocks and rate cuts dominate headlines, gold has quietly broken out. With prices averaging near $2,900/oz in Q1 2025 and $3,290/oz in Q2, miners are seeing an earnings explosion. This rally seems to be fuelled by Western investors becoming interested in gold after the yellow metal gained 93% % from 2020 to 2025, driven by strong physical demand from Asia and central banks. Now miners are raking in profits. And this silent bull market could be just getting started. Let’s dive deeper. Q1 2025: Gold Miners’ Profits…
[ad_1] As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the ground transportation industry, including Old Dominion Freight Line (NASDAQ:ODFL) and its peers. The growth of e-commerce and global trade continues to drive demand for shipping services, especially last-mile delivery, presenting opportunities for ground transportation companies. The industry continues to invest in data, analytics, and autonomous fleets to optimize efficiency and find the most cost-effective routes. Despite the essential services this industry provides, ground transportation companies are still at the whim of economic cycles. Consumer spending, for…
[ad_1] Image source: Getty Images I’ve never owned Netflix (NASDAQ:NFLX) shares for either my Self-Invested Personal Pension (SIPP) or Stocks and Shares ISA. With the share price up 1,010% over the past decade, that’s been a costly mistake. However, I still see five strong reasons to consider buying it now. Here they are. Still growing One thing that might put investors off is Netflix’s size. It had over 300m paid memberships at the end of 2024. How many more chapters are left in this epic growth story? It’s a legitimate question. But we just saw in Q2 (reported 17 July) that the…
[ad_1] Almost daily attacks on Fed chair are spilling over into markets. On Wednesday morning, as markets worldwide shuddered on news that President Donald Trump was likely to fire Jerome Powell, James van Geelen at Citrini Research wasted no time in blasting a “macro trade” alert to his some 50,000 clients. In it was a simple recommendation: buy two-year Treasuries and sell US 10-year notes. The theory is that a new Fed chair would be more likely to fall in line with Trump’s lobbying for lower interest rates, and that would push down short-term yields. Easier monetary policy, coupled with…
[ad_1] Image source: Getty images In what’s become a very familiar story, Rolls-Royce shares continue to help power the FTSE 100 skywards this year. But while the engineer is up 70% since 1 January, some top UK penny stocks have delivered even better returns so far in 2025. Take Staffline (LSE:STAF), for instance, which has more than doubled in value. Total price gains are 107% since the turn of the year. Here’s why I think the recruiter is a top small-cap share to consider today. Strong results In the context of a weakening domestic labour market, Staffline’s performance has been…
[ad_1] In a significant step toward expanding clean energy in the EU, Rolls-Royce SMR and Czech utility ČEZ have signed an Early Works Agreement. This agreement enables both parties to commence site-specific activities at the Temelín location, laying the groundwork for the Czech Republic’s first small modular reactor (SMR). This announcement follows a high-level agreement signed by UK Prime Minister Sir Keir Starmer and Czech Prime Minister Petr Fiala, reinforcing both nations’ shared commitment to support the growth of SMR technology. Their collaboration aims to drive clean energy development, create skilled jobs, and unlock economic opportunities across Europe and beyond.…