Gold

The post Evening digest: Venezuela oil doubts, NVIDIA China gridlock, gold near records appeared first on Invezz

Nvidia CEO Jensen Huang dropped a bombshell at CES 2026: the company’s next-generation Vera Rubin AI platform is already in full production. During his Monday keynote, Huang announced that Rubin, a six-chip, extreme-codesigned system built to slash the costs of training and running AI models, is ready for partners this year. The move signals that

Shares of US oil companies surged on Monday, a jump spurred by the potential to gain access to Venezuela’s massive oil reserves. Shares of Chevron, the sole US major currently operating in Venezuela’s oil fields, saw a 6.5% jump in premarket trading, according to a Reuters report. Meanwhile, refiners such as Marathon Petroleum, Phillips 66,

Bitcoin miner Bitfarms is preparing to leave Latin America after agreeing to sell its remaining site in Paraguay, marking a decisive shift in its geographic and operational priorities. The move reflects a broader reassessment of where mining companies deploy capital as they balance volatile crypto prices with rising energy and infrastructure demands. By monetising assets

Renowned investor Michael Burry moved to correct market speculation this week after renewed attention on his views about Tesla’s valuation. The Scion Asset Management founder said he is not betting against the electric vehicle maker, despite having described the stock as “ridiculously overvalued.” The clarification came in response to questions on social media, as investors

Coinbase stock price has crashed by nearly 50% from its highest level in 2025, erasing billions of dollars in value. Its market cap has dropped from over $90 billion to ~$70 billion today. This article provides a forecast for the stock as Brian Armstrong delivers his key priorities. Why the Coinbase stock price has crashed

The S&P 500 Index and its ETFs, like SPY, VOO, and the IVV had a strong performance in 2025 as the technology boom accelerated. It soared by 20% this year, and Wall Street analysts believe that the trend will continue in the coming year. Most companies in the S&P 500 Index were in the green,

US jobless applications fell to 199,000 in the week ending December 27, marking the lowest reading in weeks. The figure signals that employers remain reluctant to cut payrolls despite economic uncertainties approaching the year’s end. The unexpected decline, down 16,000 from the previous week’s revised 215,000, underscores a labor market characterised by minimal layoff activity,

Raymond James is steering investors toward opportunities outside the artificial intelligence boom. In its latest note to clients, the firm highlighted stocks it believes are positioned for strong gains in 2026. Rather than chasing the AI-driven momentum that has dominated large-cap valuations, analysts emphasised companies in delivery, dining, and financial services. The strategy reflects a

For the past few decades, Europe treated cheap Chinese imports as a mixed blessing. They squeezed margins in some industries, but kept inflation low and consumers happy. But the trade-off no longer exists. As domestic demand weakens in China, exports have become a release valve, and Europe is absorbing that flow. What European manufacturers are