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2021-12-30 15:10:37 These are Tech’s 10 Megatrends for 2022

It’s been a turbulent year for stock markets – record levels across all major indexes despite an onslaught of economic worries and what feels like never-ending variants of Covid-19. Now it’s time to look ahead to 10 major technology trends and which companies show the most promise to win big in 2022.

1) Cloud Computing
2) Metaverse
3) 5G
4) Digital Transformation
5) E-Commerce and Customer Experience
6) Enterprise Collaboration
7) Artificial Intelligence (AI)
8) Autonomous Vehicle/ADAS Technology
9) Semiconductors
10) Enterprise Software

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2021-12-29 20:36:50 MoneyGram faces performance, money laundering concerns

Money transfer company MoneyGram International Inc is struggling to finalize a US$663m loan as its financial performance wilts under fierce competition following a US$125m US government fine last year for poor money-laundering controls, Reuters said.

Moody’s also changed MoneyGram’s outlook to negative, saying the higher cash interest costs from the proposed new loan facilities would lead to “just breakeven to modestly positive” free cash flow over the next 12 to 18 months.

Investors remain concerned about a range of issues, including the company’s financial performance, competitive position and potential exposure to money laundering, despite improvements to MoneyGram’s compliance system.

MoneyGram International, Inc. has agreed to pay $125 million to settle allegations that the company failed to take steps required under a 2009 Federal Trade Commission order to crack down on fraudulent money transfers that cost U.S. consumers millions of dollars. Open / Comment

2021-12-29 19:37:05 Dollar firms in soft holiday trading, outlook bullish

The dollar firmed slightly in early Asian trade on Wednesday as a recent rally in shares showed signs of petering out, but holiday-thinned trading meant markets were showing little real direction.

The dollar inched up on Wednesday as a recent rally in shares showed signs of petering out, but holiday-thinned trading meant markets were showing little real direction.

The dollar index, which measures the greenback against major peers rose as high as 96.240 during the session versus Monday’s close of 96.068, moving up against most other majors after the euro lost 0.14% on Tuesday.

The common currency was last at $1.1305 and the pound slipped from a five-week high to $1.3433.

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2021-12-28 16:58:54 Silver Price Prediction – Does Prices Rise Despite Rally in Yields ?

Silver prices rally buoyed by a rally in gold !

Silver prices moved higher on Monday for the 4th consecutive trading day as the dollar declined. U.S. yields were mixed as the 2-year continued to climb, and the yield curve flattened. Gold prices also moved higher, buoying the precious metals complex. Most European markets were closed on Monday due to the celebration of Boxing Day.

The week between Christmas and New Year is often when risk appetite increases. It’s known as the Santa Claus Rally. Silver prices that are generally considered correlated with signs of growth benefit typically during this period.

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2021-12-28 16:44:07 European stocks inch closer to all-time high, inspired by Wall Street optimism

European stocks moved higher on Tuesday, in holiday-thinned markets inspired by a prior-day rally on Wall Street and continued optimism over the latest wave of coronavirus infections.

Most markets will see a shortened day of trading on Friday, with German trade closing early on Thursday and remaining shut on Friday. U.S. markets will see normal market hours all week.

The optimism came as COVID-19 infections continue to rip across Europe and the world. Global infections reached a record of 1.44 million on Monday. Data from Spain’s health ministry showed that from Christmas Eve to Monday, the country’s 14-day incidence per 100,000 inhabitants jumped from 911 to 1,206. That’s more than 200,000 infections, an unprecedented surge.

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2021-12-27 22:03:32 Dow retakes 36,000, S&P 500 carves out intraday record, as stocks shake off COVID-led flight cancellations to climb

US stock benchmarks rose midday Monday, with gains in technology shares helping to establish an intraday record for the S&P 500, which could lead to its 69th record close of 2021.

But travel-related names were under pressure after surging COVID cases triggered hundreds of U.S. flights to be scrapped.

Hundreds of flights were canceled across the globe over the weekend as surging COVID infections triggered quarantines for airline staff. Shares of American Airlines AAL, -0.79%, Delta Air Lines DAL, -0.87%, Jetblue Airways Corp JBLU, -0.82%. , and United Airlines UAL, -0.92% were down, with cruise operator Carnival CCL, -1.63% also trading lower.

The fact is that no one wants to see another total lockdown as they have an adverse influence on the economy. The world is still suffering from supply bottleneck shortages due to COVID restrictions introduced last year.

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2021-12-27 19:33:40 S&P 500 hits all-time high on retail sales cheer; travel stocks slide

U.S. stock index futures inched higher on Monday, boosted by megacap companies, while hundreds of Omicron-driven flight cancellations kept investors on edge at the start of this year’s final trading week.

Retail sales in the country rose 8.5% during this year’s holiday shopping season from Nov. 1 to Dec. 24, powered by an ecommerce boom, a report by Mastercard Inc showed. The S&P 500 retailing index firmed 0.5%.

The S&P 1500 airlines index shed 1.6%. Cruise operators Norwegian Cruise Line Holdings, Royal Caribbean and Carnival Corp fell 2.2%-3%, leading declines on the benchmark S&P 500.

Main stock indexes in the United States are eyeing a third straight yearly gain, with the benchmark S&P 500 on track to close out the year 26.4% higher. The Dow is set to rise 17.8%, while the Nasdaq is looking at a 22.1% climb.

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2021-12-27 15:40:38 Gold edges back to start trade in final week of 2021

Gold futures were retreating from a five-week high Monday but were holding above the psychologically significant price at $1,800 in the final week of trading in 2021.

Gold’s retreat to start the week comes as the dollar was gaining some traction, with little data and news to constrain the buck in the week following Christmas. Greenbacks were rising 0.2% on the session and have gained nearly 7% so far in 2021, as measured by the ICE U.S. Dollar Index DXY, 0.24%. A stronger dollar could impede buying in commodities priced in the currency such as precious metals.

“Gold was unable to move past the $1,810 resistance, slipping to around $1,805/oz as the US dollar edged up.”

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2021-12-26 23:10:09 Hundreds more flights canceled because of staff shortages

Airlines canceled hundreds more flights Sunday, citing staffing problems tied to Covid-19, as the nation’s travel woes extended beyond Christmas, with no clear indication when normal schedules would resume.

More than 700 flights entering, leaving or flying within the U.S. were called off, according to the flight-tracking website FlightAware. That figure was down from nearly 1,000 on Saturday. More than 50 flights were already canceled for Monday.

Globally, airlines scrapped about 2,200 flights as of Sunday morning, down from more than 2,800 from the day before, FlightAware’s data showed. The site does not say why flights are canceled.

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2021-12-26 19:06:27 Does Gold is Going Bullish? Gold’s Annual Finale Rally

Given across these past 11 years the +2.4x increase in the U.S. money supply, even as tempered for the duly noted +17% increase in the supply of Gold itself, ought its price nonetheless now be 2747? After all, currency debasement is the ultimate, primary driver of price, lagging as ’tis been.

Further by the above opening Gold Scoreboard which comprehensively accounts for 41 years of currency debasement, more than double present price is Gold’s valuation today of 4030!

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