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Financial markets have had an action-packed start to the year. However, exchanges posted mixed performance amidst instability and dislocations resulting from several bank failures and UBSs acquisition of Credit Suisse.

StockNews.com cut shares of CEMEX (NYSE:CX – Get Rating) from a strong-buy rating to a buy rating in a report issued on Tuesday. Separately, The Goldman Sachs Group upped their target price on CEMEX from $5.20 to $5.90 and gave the stock a neutral rating in a research report on Thursday, February 16th. Five analysts […]

The unlikely "reimagining" of the infamous 1978 film is being directed by How To Blow Up A Pipeline's Daniel Goldhaber

Expectations of more interest rate hikes have pushed up the dollar and boosted yields on US treasury bills, which, in turn, weighed on precious metals such as gold

Legacy Wealth Asset Management LLC acquired a new position in shares of CEMEX, S.A.B. de C.V. (NYSE:CX – Get Rating) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 102,265 shares of the construction company’s stock, valued at approximately $414,000. Several other institutional investors have […]

North Korea has used its upgraded skills to stage a backdoor attack against the network of the United States virtual phone service company 3CX last month, Mandiant, Googles cybersecurity unit, said Thursday.

Amid talks about the US Fed pausing its rate-hike cycle in May, recent economic data have suggested that the countrys economy is still resilient and that the central bank may have more headroom to raise rates

Gold prices are above the psychologically important mark of $2,000 per ounce on COMEX and Rs 60,000 per 10 grams on the Multi Commodity Exchange of India. Experts believe prices are likely to consolidate above these levels for the time-being.

In order for inflation to be conquered, economic pain will have to be weathered and that should support the bullish case for gold, says OANDA’s Ed Moya

Emkay Wealth Management says that the only risks to gold’s upside are a stronger dollar and the Federal Reserve continuing to raise interest rates in the US