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Digant Haria, Co-Founder, GreenEdge Wealth, says “a lot of commodities cannot do well without China doing well because it is the largest importer, largest consumer of maybe 20-25 different kinds of metals and commodities. The US is trying to re-industrialize itself. Europe has no other choice but to come out with an industrialization policy of its own. Plus, there is transition to renewable energy like wind and solar. All of this is going to be metal heavy.”What is happening in metal stocks? China is not picking up but prices are going higher. Everybody is now of the view that the US economy will pick up. There is no recession. There is no soft landing. In fact, there is no landing at all and prices of steel or copper have gone higher in the last couple of weeks. Is it a good time to be a contra and buy into metal stocks?Absolutely.

Traditional car manufacturers including Volkswagen, Honda, Renault and Volvo are forecast to lose more than 20 per cent of their market share by 2030 because Chinese EV specialists such as BYD are making vehicles that are already 25 per cent cheaper.

airport, CNN reported. Rock shared a video on Instagram of heavy mudded scene.

New Delhi: Discovery Inc-owned video streaming service, discovery+, will stream a new series called I Should Have Stayed Home that follows the journey of two brothers through the terrains of Himachal Pradesh and Ladakh, on September 11. In June 2021, the factual entertainment broadcaster had said it was expanding its play beyond infotainment to genres like kids, sports and entertainment programming.

OpenAI has released a new guide to assist teachers in effectively using its AI chatbot, ChatGPT, in the classroom. The guide includes suggested prompts, explanations of ChatGPT's operation and limitations, information on AI detectors' effectiveness, and discussions on biases. "We’re releasing a guide for teachers using ChatGPT in their classroom -- including suggested prompts, an explanation of how ChatGPT works and its limitations, the efficacy of AI detectors, and bias," stated OpenAI in a blog post.

Australian lithium aspirant Liontown Resources has signalled it will accept an improved $6.6 billion takeover bid from US giant Albemarle if it follows through with a binding offer at that price.

Comex is closed for trading today on account of US Labour day. Gold futures ended at $1,965.35 per troy ounce on Friday, down by $1 or 0.05% while Silver futures closed at $24.530, lower by $0.003 or 0.010%. The DXY was trading at 104.16 against a basket of six top currencies, though the bias ws negative. The October Gold futures had ended with gains of Rs 36 or 0.06% per 10 gram at Rs 59,410 on Friday while the December Silver futures closed lower at Rs 75099, down by Rs 583 per kg or 0.77%. «Gold's value increased during the week due to optimism about the Federal Reserve ending its tightening cycle as the US jobs report showed controlled cooling in the labor market, with solid hiring, slower earnings growth, and more people returning to work,» Neha Qureshi, Senior Technical & Derivative Analyst, Anand Rathi Commodities & Currencies said. On the daily chart, the October Gold contract is showing a pattern of higher highs and higher lows, which indicates a bullish sentiment while the RSI indicator is forming an upward trendline, suggesting that prices might move higher in the upcoming days, Qureshi said. The momentum indicator MACD has shown a positive crossover which signals bullish trends in the gold prices, this analyst said while putting resistance around Rs 59,600 — Rs 60,000 while support at Rs 59,150 — Rs 58,900 levels. Analyst Amit Khare Associate Vice President at Ganganagar Commodity sees some profit booking in gold with momentum indicator RSI indicating the same. His advice to traders is to book their long positions and they can make fresh short positions in gold and silver near a given resistance level.

Companies that make up the S&P 500 produce just 3.4% of their revenue from clean-energy sources, which is roughly half what companies on the Shanghai Composite Index earn, according to BloombergNEF. With corporations struggling to make the transition to net-zero emissions, analysts at BNEF looked under the hood of more than 8,000 companies to determine how much of their revenue is attributable to clean energy. “Shifting business models toward greener activities is about more than being virtuous for the sake of the planet,” says BNEF’s Michael Daly. “There’s a huge financial opportunity for companies that help drive the energy transition.”Chinese companies such as solar leaders LONGi Green Energy Technology Co.

rupee ended 7 paise higher at 82.72 a dollar. Among other currencies, the Japanese yen strengthened 0.03% to 146.18 per dollar. The euro rose 0.05% to $1.0778, while sterling was last at $1.2596, up 0.06% on the day.

The co-founders of blockchain gaming platform Gala Games have locked horns in court over two separate lawsuits, one alleging the theft of $130 million worth of Gala (GALA) and the other alleging corporate waste.

Matter Labs co-founder and CEO Alex Gluchowski has proposed an Ethereum court system resembling a hierarchical court system similar to the real world.

Indian American Republican Presiential candidate Vivek Ramaswamy that he will vote for Donald Trump if he becomes the party nominee and also cleared his intention to pardon Trump if he is elected as the next President of US. Talking to ABC news, Ramaswamy said, “If Donald Trump's the nominee -- yes, I will support him, and if I'm the president, yes, I will pardon him because that will help reunite the country.

Joe Biden and Vice President Kamala Harris. “I don't think President Trump's going to be the nominee. I think it's going to be me.

Hindustan Times reported citing an official from NDMC, that a team of artists affiliated with Lalit Kala Akademi initiated the sculpture creation process in Garhi village back in April. By July, these sculptures had been completed. Subsequently, landscaping efforts have been underway at the park, with the sculptures being installed since July.

Sensex and Nifty, ended with healthy gains on Friday, boosted by all-around buying in light of broadly positive global cues ahead. “Domestic markets made significant gains, buoyed by favourable global cues, a higher-than-expected domestic manufacturing PMI, and positive GDP growth data. This robust economic outlook propelled key manufacturing sectors to lead the rally, while strong sales figures generated increased interest in auto stocks," said Vinod Nair, Head of Research at Geojit Financial Services.

Narendra Modi are scheduled to engage in one-on-one discussions on Friday evening. Speaking about his visit to India and Vietnam, Biden said, "I want a little more ...

Day trading guide for today: On account of strong global market cues as China’s factory activity for August expanded and its central bank announced a cut in reserve requirements to boost the economy, Indian stock market finished higher on Friday. NSE Nifty went up 181 points and ended at 19,435 levels, BSE Sensex gained 555 points and closed at 65,387 mark while Bank Nifty index finished 446 points higher at 44,436 levels. Upstream oil companies were in the limelight as Brent crude surged to a 1-month high on the back of tighter US inventories and Russia signalled to curb oil export.

A wallet owned by bankrupt crypto exchange FTX has moved $10 million worth of digital assets from the Solana (SOL) network to Ethereum, sparking concerns it could be the beginning of a series of token dumps amid the exchange’s bankruptcy proceedings. 

The domestic stock markets underperformed the world markets in 2023 despite hitting lifetime highs in July. The MSCI India Index delivered 2.3% year-to-date returns, compared with MSCI indices comprising Europe, USA, Japan, Korea, Taiwan and Argentina, which delivered between 8.7% and 46.1% returns.

Labour Union. Just a year later, on September 5, 1883, the Central Labour Union celebrated its second Labour Day holiday.

Also Read: Who is Vivek Ramaswamy, the man disrupting the 2024 US prez race Speaking at Fox News, Ramaswamy said, “We have some of our areas of differences, but they’re small. By and large, we are the two ‘America First’ candidates in this race, everybody else embraces the neo-con (neo-conservative) foreign policy view. So, I think we are deeply aligned on policies, 90 plus per cent of the way.