UK based banks have been hit particularly hard in the wake of the Brexit vote, but the ripple effects extend far beyond price shocks. Yahoo Finance's Justine Underhill has more at the charts.
BTC dominance is creeping upwards as Layer-1s and Artificial Intelligence tokens had a rough week, while Google search interest in the halving skyrockets.
The Biden administration on Thursday finalized a new rule for public land management that's meant to put conservation on more equal footing with oil drilling, grazing and other extractive industries on vast government-owned properties. Officials pushed past strong opposition from private industry and Republican governors to adopt the proposal. GOP members of Congress said in response that they will seek to invalidate it.
Costco made buying a gold bar as simple as tossing it in a shopping cart. Adam Xi, 33 years old, called five different dealers to get a price he could accept for the gold bar he bought at Costco in October. Costco shoppers are spending as much as $200 million monthly on gold, according to a Wells Fargo estimate.
Two more property insurance companies are pulling out of California, leaving more homeowners in the state facing loss of coverage and surging premiums as insurers flee.
Microsoft has been one of the pioneers in the field of AI, but this tech giant is also set to win big time from the growing adoption of this technology.
If you are still holding to Nvidia stock, here is a key sell signal to watch for: Shares dipped below the 50-day moving average Friday. Nvidia's chart shows that its relative strength line, which compares the company's stock performance to the S&P 500, is flattening. Chief Executive Jensen Huang recently addressed students at his alma mater of Oregon State University and stated that "artificial intelligence is the technology industry's single greatest contribution to social elevation."