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Agnico Eagle Mines (AEM) Invests C$8.25 Million in Fuerte Metals
Yahoo Finance· 2025-10-14 17:06
Agnico Eagle Mines Limited (NYSE:AEM) is one of the 11 Best Gold Stocks to Buy According to Hedge Funds. On October 9, Agnico Eagle Mines Limited (NYSE:AEM) reported that it acquired 5 million subscription receipts from a subsidiary of Fuerte Metals Corporation at a price of C$1.65 per receipt. The total cost of this investment was C$8.25 million. According to the report by Agnico Eagle Mines Limited (NYSE:AEM), the subscription receipts will automatically turn into units that include one common share and ...
Freedom Capital Raises Barrick Mining (B) PT, Keeps Buy Rating
Yahoo Finance· 2025-10-14 17:06
Barrick Mining Corporation (NYSE:B) is one of the 11 Best Gold Stocks to Buy According to Hedge Funds. On October 9, Freedom Capital Markets increased its price target on Barrick Mining Corporation (NYSE:B) from $20.50 to $42.00 while keeping a Buy rating. The investment firm noted that Barrick Mining Corporation (NYSE:B) is strategically moving from a pure-play gold producer to becoming a leader in precious metals and copper Freedom Capital Raises Barrick Mining (B) PT, Keeps Buy Rating Freedom Capital ...
Broadcom-OpenAI Deal Boosts AI Growth Prospects: Tech ETFs in Focus
ZACKS· 2025-10-14 17:06
ChatGPT developer OpenAI recently signed a contract with yet another renowned chipmaker, Broadcom ((AVGO), in its latest bid to power data centers in support of the rapidly growing artificial intelligence (AI) demand. This multi-year contract, aimed at deploying 10 gigawatts of custom AI accelerators, marks the fourth such mega deal signed by OpenAI this year with chipmakers. It further underscores the fact that the AI boom is firmly entrenched. For investors, this continued momentum offers the advantage of ...
Truist Securities Reiterates Buy Rating on Salesforce (CRM) Stock
Yahoo Finance· 2025-10-14 17:06
Salesforce, Inc. (NYSE:CRM) is one of the Best Wide Moat Stocks to Buy Right Now. The company enjoys a wide economic moat, which is backed by significant customer switching costs and network effects. On October 7, Truist Securities reiterated its “Buy” rating on the company’s stock and price objective of $400.00, highlighting potential catalysts, which can improve investor sentiment. The firm noted that some investors have tagged Salesforce, Inc. (NYSE:CRM) as a value trap. However, the firm is confident t ...
Raymond James Lifts Newmont (NEM) Price Target, Keeps Outperform Rating
Yahoo Finance· 2025-10-14 17:06
Newmont Corporation (NYSE:NEM) is one of the 11 Best Gold Stocks to Buy According to Hedge Funds. On October 10, Raymond James analyst Brian MacArthur increased the firm’s price target on Newmont Corporation (NYSE:NEM) from $84 to $96 while maintaining an Outperform rating. This decision to raise the price target on Newmont Corporation (NYSE:NEM) reflects an increase in gold and silver price forecasts, both for the short term and the long term. The firm has based this on the solid year-to-date performance ...
Bank of America Securities Reiterates Buy Rating on Taiwan Semiconductor Manufacturing (TSM) Stock
Yahoo Finance· 2025-10-14 17:06
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the Best Wide Moat Stocks to Buy Right Now. The company’s wide moat stems from cost advantage and intangible assets. On October 7, Bank of America Securities analyst Robert Cheng reiterated a “Buy” rating on the company’s stock, setting a price objective of $330.00. The analyst’s rating is backed by a combination of factors demonstrating Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s strong future prospects. The analys ...
UBS Lifts PT on Alphabet (GOOGL) Stock
Yahoo Finance· 2025-10-14 17:06
Alphabet Inc. (NASDAQ:GOOGL) is one of the Best Wide Moat Stocks to Buy Right Now. The company’s wide economic moat is primarily backed by its strong network effects and intangible assets. On October 9, UBS analyst Stephen Ju lifted the price target on the company’s stock to $255 from $237, while keeping a “Neutral” rating ahead of the Q3 2025 earnings report. As per the analyst, the ad revenue outlook has been improving for Alphabet Inc. (NASDAQ:GOOGL). In Q2 2025, YouTube advertising revenues rose by 13% ...
Citigroup Q3 Earnings Beat Estimates on Y/Y NII Growth, Stock Up
ZACKS· 2025-10-14 17:06
Key Takeaways Citigroup posted Q3 adjusted EPS of $2.24, up 48.3% year over year and above estimates.Results were driven by strong NII, higher non-interest revenues and lower credit provisions.Expenses rose 8.7%, while a weaker capital position partly offset the upbeat performance.Citigroup Inc. (C) reported third-quarter 2025 adjusted net income per share of $2.24, up 48.3% from the year-ago period. The metric also surpassed the Zacks Consensus Estimate by 17.3%.C shares gained roughly 1% in the pre-market ...
PGJ: 3 Factors To Consider Before Investing
Seeking Alpha· 2025-10-14 17:06
The Chinese economy might still be battling stresses, but the same can't be said for its stock market. The Shanghai Composite Index ( SHCOMP ) has risen faster than the S&P 500 ( SP500Manika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy. Her investing group, Green Growth Giants , takes the theme a step furt ...
Gold's record-breaking rally could keep running thanks to growing demand from this group of investors
MarketWatch· 2025-10-14 17:06
Demand for gold among Western investors has climbed in recent months, even as the precious metal notches fresh record highs, but don't say they're late to the party, as rising government debt and stro... ...