Tag: basic materials

Gold prices notch a slight gain, but end below $1,800 for a second session

Gold futures logged a slight gain on Tuesday, but ended below closely watched $1,800-an-ounce mark for a second-straight session, holding ground near the lowest price in three weeks. The U.S. dollar traded with a “softer bias,” with gold holding to a tight trading range, ahead of Wednesday’s Federal Reserve announcement on monetary policy, said Chintan […]

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Opinion: Computer hacking may never fully go away even with the best new technology — and we may not want it to

This wasn’t the first, nor it will be the last, such attack. However, certain details made cybersecurity experts worried: First, hackers used a zero-day exploit, i.e. a yet unknown flaw in the code, to execute their attack. Second, they targeted a company that isn’t as valuable a target as a bank, for example, but has […]

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Plastics prices can keep rising as Dow sees demand continuing to outstrip supply

The big price increases that helped boost Dow Inc.’s second-quarter earnings are likely to continue, as the plastics and chemical said Thursday that it expects pent-up demand to keep outstripping supply in the coming months. “ “[S]trong consumer demand trends continue in retail, housing and the manufacturing sectors, and inventory levels remain low across most […]

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What does a mature streaming service look like? Netflix is about to show us

Netflix Inc. proved to the world that streaming video could be a big business. Now it will show the world what that business looks like when it hits maturity. Netflix’s growth stage hit warp speed during the COVID-19 pandemic, then fell off in the first quarter after nearly a year of staggering growth. When the […]

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Corporate profits are hitting record highs, but earnings expectations may still be too low

Expectations for the corporate earnings reporting season that kicks off in the week ahead have already increased by a record amount, but it still might not be enough. After profit for the S&P 500 index companies SPX, +1.13% jumped 52% to a record high in the first quarter of 2021, analysts have been jacking up […]

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