Economy

Economy
Economy

Broadcom stock is in a local bear market: will it retest its record high?

Broadcom stock price rose by 5% on Wednesday after extending its relationship with Apple. AVGO rose to $395, a 10% increase from its lowest level this month. It remains in a local bear market after falling by 20% from its highest point this year. So, will it rebound and retest its all-time high? Broadcom expands

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Economy

Salesforce stock falls after KeyBanc downgrade on AI growth concerns

Salesforce Inc. (CRM) shares fell 2.5% on Thursday after KeyBanc downgraded the software company, citing concerns that its Agentforce artificial intelligence platform may take longer than expected to become a meaningful growth driver. The downgrade came despite Salesforce’s strong position in enterprise software and follows the company’s better-than-expected fiscal first-quarter results reported in late May.

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Economy

Is the 3.2% yielding SCHD ETF a buy as one-year Treasury yields hit 4.06%?

The Schwab US Dividend Equity ETF (SCHD) has moved sideways in the past few days. It has remained inside the key support and resistance levels of $31.60 and $32.90 since May. Despite the consolidation, SCHD is having a strong year, with inflows rising by over $13 billion and its assets nearing the $100 billion mark.

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Economy

Kresus launches crypto inheritance service for self-custody wallet users

Kresus, a self-custody cryptocurrency wallet provider, has announced the launch of Kresus Inheritance, a service that allows users to create a succession plan for their digital asset holdings. According to the company, the service does not require users to share private keys or use complex recovery procedures. While self-custody gives users direct control over their

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Economy

MARA stock soars on a major AI announcement

MARA Holdings (MARA) shares are ripping higher on Thursday after the company announced a major acquisition that meaningfully accelerates its pivot into the AI and data center infrastructure space. Before the market opened on July 9th, MARA said it has agreed to acquire a “1,200-acre” powered land site in Matagorda County from HIF USA. This

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Economy

Zcash price prediction: Why ZEC could reclaim $500 and climb to $550

Zcash (ZEC) is back in focus after recovering from a sharp sell-off that followed the disclosure of a security issue in its shielded transaction system. The privacy-focused cryptocurrency has stabilised near $465 after briefly reclaiming the $500 mark, with focus now on whether the latest technical setup and improving fundamentals can support another move higher.

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Economy

5 overlooked stocks analysts like for this summer

▼ Want $500 in SpaceX stock? We’re giving away $500 in SpaceX stock to one of our X followers. To enter: Follow InvezzPortal on X Share and repost our competition It’s that simple. The S&P 500 gained 9.6% in the first half of 2026 and nearly 15% in the second quarter alone, its strongest quarterly

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Economy

Why is Bitcoin stuck near $62K as oil, Fed and Strategy fears collide?

Bitcoin has retreated to around $62,000 after failing to hold above $64,000, with rising geopolitical tensions, expectations of higher US interest rates and renewed concerns over Strategy’s Bitcoin sales weighing on market sentiment. According to market data, Bitcoin (BTC) is trading just above $62,000 after falling nearly 2% over the past 24 hours, extending its

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Economy

USD/ZAR forecast: falling wedge points to a South African rand pullback

The USD/ZAR exchange rate rose by a few pips today, July 9, as crude oil prices rose following the new strikes in the Middle East. It jumped to 16.50 on Wednesday and then pulled back a bit to 16.37.  South African rand falls as geopolitical tensions rise The South African rand softened a bit after

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Economy

Silver claws back near $58 as Hormuz oil shock keeps traders on edge

Silver is trying to steady after three days of losses, but the backdrop has turned more difficult. The metal edged higher near $58 an ounce on Thursday as bargain hunters returned, yet renewed US-Iran tensions are keeping traders cautious. The concern is not only the risk of another Middle East shock. It is that higher

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