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Gold May 24 (GCK24.CMX)
| Pre. Settlement | N/A |
| Settlement date | 2024-05-29 |
| Open | 2,415.80 |
| Bid | 2,429.20 |
| Last price | 2,412.20 |
| Day's range | 2,409.70 - 2,435.80 |
| Volume | |
| Ask | 2,429.90 |
- Yahoo Finance Video
Investors await Nvidia earnings, commodities on the rise: Morning Brief
On today's episode of The Morning Brief, Yahoo Finance Hosts Seana Smith and Brad Smith break down some of the market's (^DJI, ^IXIC, ^GSPC) biggest stories and give an overview of the trading week ahead. The stock market opened mixed on Monday, with the Dow Jones Industrial Average opening below its recent record high of 40,000. Morgan Stanley's Michael Wilson, previously bearish on S&P 500 growth, is now bullish on the index's potential, revising his target from 4,500 to 5,400. Meanwhile, metal commodities continue to surge after gold (GC=F) and silver futures (SI=F) reached fresh highs last week. BofA Global Research Head of Metals Research Michael Widmer explains that precious metals are in a "buy-the-dip market." Nvidia (NVDA) is set to post its first quarter earnings for the fiscal 2025 year on Wednesday. Moor Insights & Strategy Founder and CEO Patrick Moorhead believes the chip company will outperform expectations, citing increasing demand as the artificial intelligence race heats up. AI is increasingly becoming a trend, as the number of times AI has been mentioned on earnings calls this quarter has notably risen compared to last quarter, according to Goldman Sachs Investment Research. Veteran market strategist and founder of RandyFrederickMedia.com Randy Frederick adds that "AI is going to change things as much as the Internet did when it came about 30, 40 years ago." All eyes are on Paramount (PARA, PARAA) as Sony (SONY) and Apollo Global (APO) have reportedly signed non-disclosure agreements in their latest efforts to court the media giant. On the healthcare front, Hims & Hers Health (HIMS) stock has jumped on the announcement that the telehealth provider will introduce compounding injectable GLP-1 weight-loss drugs to its services. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
- Yahoo Finance Video
Gold and sIlver prices continue record high runs
Gold (GC=F) and silver futures (SI=F) surged to record highs last week and continue to show signs of life as geopolitical uncertainty continues to raise concerns across global markets. Yahoo Finance Senior Markets Reporter Jared Blikre joins Morning Brief to break down the movements in these metal commodities, along with crude oil prices (CL=F, BZ=F). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
Yahoo Finance UKTrending tickers: Gold, Ryanair, Nvidia and AstraZeneca
The latest investor updates on stocks that are trending on Monday.
