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Finally, there may be values to be had in the tech patch. The S&P 500’s (^GSPC) tech sector forward price-to-earnings ratio has declined from 32 times last October to approximately 21 times, Truist chief investment officer Keith Lerner noted. At these levels, tech valuations are roughly where they stood when OpenAI (OPAI.PVT) launched ChatGPT in…

Gold’s spot price — or its current trading value — today as of 9:00 a.m. ET is $4,309.08 per ounce, according to CNBC’s Gold/ US Dollar Spot Price. That’s slightly lower than Friday’s price, when it traded at $4,364.46 per ounce at the same time. Gold is a safe-haven asset that investors gravitate toward when…

The Federal Reserve increased its benchmark interest rate by 25 basis points last week, marking its first rate hike in three years. The unanimous decision lifted the target range to 3.75-4% from 3.5-3.75%, as policymakers sought to contain persistent inflation amid rising oil prices and renewed tensions in the Middle East. Inflation Outlook Deteriorates Policymakers…

Tesla teased an Oct.1 Roadster reveal featuring possible Cyber-inspired styling and a SpaceX thruster package. The Roadster has faced at least eight delays since its 2017 unveiling, with production potentially not beginning until 2027 or 2028. Morningstar’s valuation rests mainly on Tesla’s AI, robotaxi and humanoid-robot ambitions, not the Roadster. Shares of Tesla, Inc. (TSLA)…

Adani Group stocks traded mixed on Monday, with most of the listed counters moving lower even as benchmark Indian indices advanced in morning trade. At the time of the update, the Sensex was up 478.05 points, or 0.64%, at 74,773.01, while the Nifty gained 58.25 points, or 0.25%, to 23,404.65. Among the Adani Group stocks,…

A preliminary version of this paper was prepared for the 2nd Annual AlUla Conference for Emerging Market Economies, held in AlUla, Saudi Arabia on February 8-9, 2026. We are grateful to Yipei Zhang for research assistance, and to Roberto Cardarelli, Shushanik Hakobyan, Neil Meads and participants at the 2nd IMF MENA Economic Research Conference (Rabat,…

TLDR Intel rose more than 5% as semiconductor and AI stocks moved higher ahead of the U.S. market open. AMD, Micron and Marvell gained around 2%, while Nvidia advanced about 0.8%. Strategy jumped about 7.5% as Bitcoin rebounded toward $85,000, while Coinbase and Robinhood also climbed. Warner Bros. Discovery and Paramount Skydance rose on reports…

This article was written by 31.48K Followers Follow Andrew Hecht is a 35-year Wall Street veteran covering commodities and precious metals. He runs the investing group The Hecht Commodity Report, one of the most comprehensive commodities services available. It covers the market movements of 20 different commodities and provides bullish, bearish and neutral calls; directional…

By Karen Brettell NEW YORK, Sept 21 (Reuters) – Global stocks rose on Monday as fresh evidence of booming AI demand lifted tech shares, while oil fell on reports that more supply was leaving the Gulf than previously thought, despite the ongoing conflict. The bond market, which endured a sixth straight weekly selloff last week…

Crypto Blew Its Big Moment-and the Blame Game Has Begun Coinbase CEO Brian Armstrong was at the center of a protracted fight over the role of digital assets in mainstream finance. —- Polymarket’s Rush to Grow Left a Door Wide Open For Fraudsters CEO Shayne Coplan brushed off concerns about a scheme involving stolen debit…