Palladium is a precious metal that is more valuable than gold, and its price has skyrocketed over the last couple of years. In 2018, it was worth nearly $1,000 an ounce. Now, a single ounce is worth nearly $3,000. But as its value has risen, devices that use...
Tesla posts record net income of $438 million, revenue surges by 74% KEY POINTS Tesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue. In its earnings release, the company said it...
The price of agricultural commodities like wheat, corn and soy have been absolutely soaring lately. There are a number of factors driving the move, though one contributor is simply the lack of a robust supply response so far to all the demand. Yesterday on TV we...
New York (CNN Business)Investing in cryptocurrencies requires an appetite for risk and a whole new vocabulary. Here’s a beginner’s guide to the fundamentals of crypto lingo. Bitcoin Bitcoin is a cryptocurrency created in 2009 by an unknown person (or...
(Bloomberg) — Investors looking to gauge the strength of the global recovery need look no further than metals markets. Copper’s at the highest in a decade, aluminum is surging, and iron ore is closing in on a record as steel prices climb. Underpinning gains, which...