VanEck Gold Miners (GDX): Gained 95% in one year amid geopolitical tensions from the conflict with Iran. Gold miners benefit from operating leverage when gold prices rise, but higher oil costs simultaneously compress margins. GDX Concentration Risk: Three holdings represent almost a third of the portfolio. The analyst who called NVIDIA in 2010 just named…
RBC Capital maintains Sector Perform rating and $243 target price in data set (FDS) following its second quarter results. The quarter exceeded expectations thanks to competitive wins and higher price capture, reflecting strong execution and revised sales incentive structures, the analyst tells investors in a research note. RBC adds that it expects operating leverage to…
Gold miners offer leveraged exposure to gold. Operating leverage can amplify profits during gold bull markets. Higher returns come with higher risk. GDX and especially GDXJ are much more volatile and prone to deep declines than GLD. Long-term capitalization favors stability. Despite excellent recent performance, GLD has generated stronger long-term returns due to lower volatility….
Wall Street 24 hours a day, 7 days a week. Applied Digital (APLD) posted $64.2 million in Q1 revenue with 84% growth, while CoreWeave (CRWV) posted $1.36 billion in Q3 revenue with 134% growth. CoreWeave generated $51.9 million in operating income and doubled its backlog to $55 billion. Applied Digital lost $27.8 million operationally. Applied…
