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HomeInvestments

Investments

Copper
Finance

Copper price rises on Powell’s comments

February 8, 2023 Mariel Alumit

​Copper price rose on Wednesday as investors saw comments by Federal Reserve Chair Jerome Powell as less hawkish. Copper for delivery in March rose on the Comex market in New York, touching $4.11 per pound […]

EnergyNews

Texas’ Largest Pension Divests From BlackRock to Comply With Law

February 7, 2023 Mariel Alumit

Texas’ biggest pension fund has divested its direct ownership stakes in BlackRock Inc. and several other financial firms to comply with a state law prohibiting investing in companies deemed to be discriminatory against the oil […]

Occidental
Earnings

Occidental’s CEO Says Stock Buybacks Take Priority Over Oil Growth

February 7, 2023 Mariel Alumit

Occidental Petroleum Corp. may redeem Berkshire Hathaway Inc.’s preferred stock this year as the oil giant prioritizes share buybacks over production growth, said Chief Executive Officer Vicki Hollub.“There won’t be significant growth from us because […]

political
Crypto

FTX asks for its political donations back

February 7, 2023 Mariel Alumit

Bankrupt crypto exchange FTX is sending notices to former donor recipients asking for the donated funds to be returned, the company said in a press release Sunday. Why it matters: Former FTX CEO Sam Bankman-Fried and FTX Digital Markets Co-CEO […]

Big Oil Companies

Oil majors hit record profits, green investments tell a different story

February 7, 2023 Mariel Alumit

Some of the world’s largest oil and gas companies have declared the highest-ever profits since people started using petroleum, rewarding shareholders with higher dividends and share buybacks while spending relatively little of it on renewable […]

ESG
ESG

ESG Stocks Poised To Pop in 2023 (VKIN, ABB, EADSY, NIO)

February 7, 2023 Mariel Alumit

Naples, FL –News Direct– Investing in smaller ESG (environmental, social, and governance) stocks can bring a number of benefits to investors. These companies often focus on sustainability and social responsibility, which can lead to strong […]

Traders
Commodities

Reality Checks In: “Indestructible” Retail Traders Who Made Millions During The Pandemic Are Now Tapped Out

February 7, 2023 Mariel Alumit

All of a sudden the stock market “geniuses” that were minted during the Covid stimulus days don’t look so brilliant. And all it took was for the free money to run out…imagine that. That was […]

Peter Schiff
Finance

Peter Schiff: The Fed Can’t Fight What It Doesn’t Understand

February 6, 2023 Mariel Alumit

Via SchiffGold.com, With the Federal Reserve delivering a smaller 25 basis point rate hike at its February meeting, there is a perception that the central bank is nearing victory in the inflation fight. But as […]

Elemental
Finance

Elemental Altus inks $5 million royalty deal with First Mining

February 6, 2023 Mariel Alumit

​Elemental Altus Royalties (TSXV: ELE) has entered into a binding agreement to acquire a portfolio of 19 royalties from a wholly owned subsidiary of First Mining Gold (TSX: FF). Total consideration for the royalty acquisition […]

Wood
Commodities

Wood Mackenzie launches new analytics service covering entire EV supply chain

February 6, 2023 Mariel Alumit

​Wood Mackenzie, provider of decision intelligence for the world’s natural resources sector, is offering a new service to cover entire electric transportation value chain from mine to market. On Monday, the consultancy group announced the […]

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