One market analyst said prices are ‘vulnerable to another $20 decline.’ The war in Iran has been the primary driver of volatility.
Overall, I want to remind investors the U.S. remains an economic oasis and is the primary driver of worldwide economic growth.
Critical Minerals Consortium co-founder David Whittle said it was better for the country to focus on minerals with high global value.
Investors directed funds into other sectors rather than pulling them out of equities altogether.
A wider trade gap could be a net drag on U.S. growth prospects in the second quarter.
Micron showed memory chip demand is still high as third-quarter revenue and earnings beat expectations by 16 percent and 22 percent respectively.
A stronger U.S. currency and expectations of higher interest rates weighed on bullion after a multiyear rally lost momentum.
Brent Crude fell to $77 per barrel, its lowest in nearly three months.
The U.S. is leading the world, the AI and data center boom cannot be stopped, and the boom will persist for at least the next three years.
Shares of Elon Musk’s rocket-to-AI company have erased all of their post-initial public offering gains.
The hard drive maker has agreed to a $175 million payout to resolve a shareholder lawsuit over undisclosed sales to blacklisted Chinese tech firm Huawei.
SpaceX said in a regulatory filing last week that it will purchase AI coding agent startup Cursor for $60 billion.
Crude oil dropped below $75 per barrel on June 18, helping ease fears of rising inflation.