ElementalImaging/E+ via Getty Images Ferroglobe PLC (NASDAQ:GSM) reported Q1 2024 results this week. EBITDA came in at $25.8 million, down from $60.3 million in Q4 and $44.8 million in Q1 last year. The profitability drop is not that surprising. Q1 is usually the seasonally slowest volume quarter, and pricing was weak across the board. Silicon…
bjdlzx Overview The Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) is designed to offer investors exposure to the U.S. energy sector, aligning its performance with the MSCI USA IMI Energy Index. Principally, FENY invests at least 80% of its assets in securities that are included in its underlying index, adopting a representative sampling indexing strategy. This…
da-kuk Commodities are on the comeback recently, and I think momentum can continue. It’s not just Gold. There’s a broader movement taking place which investors can take advantage of. The reason? Concerns around inflation, of course. Investing in commodities can provide a hedge against inflation, as their prices often increase when the purchasing power of…
Lemon_tm Commodities are starting to show some signs of life again as inflation begins to pick back up. It’s not just Oil. Copper, Gold, Silver, and a slew of others look to be ready to resume their own respective uptrends as investors look for inflation plays outside of equities. This is where the iShares S&P…
The total assets under management of all Bitcoins ETFs combined is more than double of the Silver ETFs available in the market. In a remarkable turn of events, Bitcoin exchange-traded funds (ETFs) in the United States have swiftly outpaced silver ETFs in terms of assets under management (AUM) within just one week of trading. This…
Bitcoin exchange-traded funds (ETFs) have surpassed silver ETFs in the United States, securing their position as the second-largest ETF commodity, in terms of assets under management (AUM). The surge in popularity of Bitcoin ETFs signals a growing acceptance of BTC as a mainstream investment vehicle. As reported by The Block, Bitcoin’s ascent to becoming the second-largest…
We Are We previously covered BHP Group Limited (NYSE:NYSE:BHP) in September 2023, discussing the uncertain recovery in the iron spot prices as China’s portside inventory declined and imports accelerated over the past few months. However, with the demand for iron ore expected to moderate over the next few decades, it was unsurprising that the producer…
The Indonesian government is keen to protect crypto investors from exploitative exchanges and ensure optimal tax collection. The high demand for digital assets and Web3 products in Indonesia has seen registered users surpass more than 18 million, compared to 12 million traditional stock traders. With the number of crypto users expected to grow exponentially in…
Mny-Jhee/iStock via Getty Images Purpose I look at the high frequency weekly indicators because while they can be very noisy, they provide a good nowcast of the economy, and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. They are also an excellent way to “mark your…
shih-wei Commodity investing has always been a significant part of the global financial market, with a variety of options for investors to gain exposure to this asset class. One of the more popular funds is the Invesco DB Commodity Index Tracking Fund ETF (NYSEARCA:DBC), an exchange-traded fund, or ETF, that provides a unique way to…
While WisdomTree is expanding its investment options with Bitcoin, the asset manager has also decided to liquidate five of its ETFs. WisdomTree, one of the major players in the financial industry, is considering the addition of Bitcoin (BTC) as part of its commodity exchange-traded fund (ETF), providing its customers with exposure to the crypto market…
Commodity money is a form of money that derives an intrinsic value from its underlying commodity and the supply and demand dynamics. Gold and silver have been accepted as commodity money for centuries because of their scarcity and desirability. Commodity money has some inherent limitations, such as the challenge of transportation and storage of larger…
RafaPress/iStock Editorial via Getty Images BRF S.A. (NYSE:BRFS) has outperformed the Brazilian stock market this year, particularly in the second half. This impressive performance can be attributed to a rebound following a challenging period, during which the company faced significant pressure on its margins due to high global corn and soybean prices. However, since June,…
On September 17, 2015, the U.S. Commodity Futures Trading Commission (CFTC) officially declared Bitcoin a commodity, a distinction that eight years later continues to set it apart from other cryptocurrencies that have yet to earn this status. While regulatory uncertainty still looms over other more centralized, digital assets, the CFTC’s classification of Bitcoin as a commodity…
happyphoton/iStock via Getty Images Purpose I look at the high frequency weekly indicators because while they can be very noisy, they provide a good nowcast of the economy, and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. They are also an excellent way to “mark your…
manassanant pamai By Brian Luke I love this time of year. August vacations are over, the kids are back in school and football season kicks off in the U.S. The Fed took its August “vacation” at the Jackson Hole Symposium, where Jerome Powell’s remarks singularly focused on price stability. Inflation has come down but “remains…
Editor’s note: Seeking Alpha is proud to welcome Brennan Basnicki as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Art Wager/iStock via Getty Images After a two-year run…
Shell is struggling with a continuous fall in profits as Q2 2023 figures show significant reductions compared with last quarter and Q2 2022. Oil giant Shell (LON: SHEL) has posted disappointing profits for Q2 2023, largely caused by a reduction in the prices of fossil fuels. Shell’s report shows that the British giant saw its adjusted…