Hedging On And Investing In The Interdependence Of Oil And Gold (Technical Analysis)

Heavy rainfall lashed Delhi and the National Capital Region (NCR) early on Thursday, July 9, bringing relief from the recent spell of hot and humid weather but causing widespread waterlogging, traffic snarls and travel disruptions across the region. India Meteorological Department (IMD) issued fresh weather alerts, warning of more thunderstorms, lightning and rain throughout the…

IBM Chairman and CEO Arvind Krishna attributed the company’s weaker-than-expected second-quarter performance to an unexpected shift in customer spending towards AI infrastructure, including servers, storage and memory, to secure supply-constrained hardware, which affected its Software and Infrastructure businesses. Shares of the company fell over 26% to $213.22 following the update, which was their biggest intraday…

Key insight: Goldman Sachs, JPMorganChase and Bank of America all posted outsized investment banking gains this quarter largely on the strength of shared underwriting roles in SpaceX’s record-breaking IPO. Expert quote: “Clearly, the large deals contributed meaningfully to this quarter’s results.” — Jamie Dimon, JPMorganChase CEO Forward look: Bank executives cautioned that this quarter’s results may not be…

The world’s most-envied retirement plan has another high-profile booster: President Donald Trump. Riding high off public enthusiasm for the Trump Accounts for children, Trump last week renewed his focus on their parents and grandparents. And he said he’s looking to Australia’s private pensions, known as superannuation funds, for inspiration to reform the ailing US retirement system. The president…

Microsoft Corp. said its carbon emissions climbed 25% in 2025, making it the latest technology company to report a setback in its efforts to erase emissions amid heavy spending on artificial intelligence data centers.  The company emitted 20 million metric tons of carbon dioxide equivalent in 2025, up from 16 million metric tons the prior…

Soybean futures were weaker on Thursday, with contracts down 6 to 7 ¼ cents on the day. The cmdtyView national average Cash Bean price was down a penny at $11.55. Soymeal futures were $2.00 to $4.00 higher at midday, while Soy Oil futures were 29 to 49 points lower. Export Sales data from this morning showed 188,274 MT…