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What to expect from Delta Air Lines Earnings report?
What to expect from Delta Air Lines Earnings report?

Delta Air Lines Inc. (DAL) has seen business plunge over the past year due to the COVID-19 pandemic. With government regulations limiting travel and many potential fliers opting to stay home, demand for Delta's services plunged in early 2020 and has remained depressed through April of this year.1

CoinBase (COIN) worth not more than $5 billion says Strategist
CoinBase (COIN) worth not more than $5 billion says Strategist

The IPO of crypto exchange Coinbase on Wednesday has captivated fans of digital currency and investors as they speculate on the potential for a $100 billion valuation on the company.

With Early Debt Retirement Plan GameStop Looks to Become Debt-Free
With Early Debt Retirement Plan GameStop Looks to Become Debt-Free

GameStop (NYSE:GME) ended 2020 with $216 million in long-term debt. But under an early redemption notice announced yesterday, the video game retailer said it will be retiring the notes at the end of the month. That will leave GameStop debt-free and able to focus its resources on transforming into a primarily e-commerce driven retailer.

Authorities launch new investigation for anti-competitive practices, now against Visa
Authorities launch new investigation for anti-competitive practices, now against Visa

The process against Visa has not been officially disclosed by the authorities, but it would observe its practices in the debit market

Sharp correction after silver price take-off! What's next?

The price of silver returned to a sharp correction today, as small investors took a step back by abandoning the precious metal, thus accelerating its fall from the eight-year high found at Monday's meeting, amid the frenzy caused by the investment communities.


Social media and especially Reddit. Silver's price fell 8% to $ 26.74 an ounce, after yesterday it had surpassed the $ 30 barrier, moving to the highest level since February 2013.

The 18% rise led the fall in the price of silver in the holding margin in futures Chicago Mercantile Exchange (CME). "The party seems to be coming to an end. This is the game. It can work for a while until it stops and then the countdown begins and very quickly ", says Paul Nolte, portfolio manager of Kingsview Asset Management.

Other analysts said the move was doomed to fail, but the question was how quickly it would happen. The setback also shows how difficult it is for small investors, even when they join forces, to influence the global silver market, with daily trades' value at $ 6 billion.

"If Reddit investors try to push the silver market up again, the result will be a hole in the water. "They will only succeed in boosting volatility and some small disruption in supply and demand dynamics," said Goldman Sachs. Analysts and stockbrokers, however, were most concerned about what happened to silver.

And this, because unlike GameStop, there were no big short positions for silver futures. Some posts made in the WallStreetBets community on Sunday night and Monday showed that hedge funds selected the moves and that there was no coordinated effort of small investors in the silver market. Correspondingly, the spot price of gold in London fell 1.2% to $ 1,837 an ounce.

An HSBC analyst said that silver is likely to weaken if gold fails to return to higher levels. This means, he said, that silver is not cut off from the rest of the precious metals market.

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