Market Talk: Bitcoin and Gold May Both Offset Inflation
Yorkville America’s Steve Neamtz says bitcoin lacks gold’s long history as a potential hedge during financial stress.
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Yorkville America’s Steve Neamtz says bitcoin lacks gold’s long history as a potential hedge during financial stress.
Goldman Sachs upgraded Palantir to buy from neutral, saying the company is well placed to benefit from faster growth in bespoke software and sovereign AI. The firm also cited Palantir’s expansion in financial services, semiconductors, neoclouds and U.S. government work.
2146 ET - China's extended Golden Week holiday isn't likely to provide a major boost to consumption recovery, Deutsche Bank analyst Sammi Xu says in a note. It says domestic travel was subdued, with limited spending. Government estimates show that during the Oct. 1-4 period, cross-regional passenger trips were broadly