Magna Strategy

MicroStrategy said its board of directors has decided in favor of a 10-for-1 stock split of its class A and class B common stock, sending shares of the software company that invests in bitcoin up 6% before the bell.

The split is aimed at making the stock, which was last trading at $1,363 premarket, more accessible to its investors and employees, the company said.

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What Is The US NFP Data Telling US About The Gold Price? The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

While oil prices have risen during the last week, gas prices have remained relatively steady despite the summer travel season picking up.

"According to our GasBuddy demand data, we've seen real demand at the pump essentially be under 9 million barrels a day. And compared to back in 2019 and 2018, that's very soft," a GasBuddy head of petroleum analyst said.

https://yhoo.it/3xjWvOQ

Swarm Markets releases gold-backed NFTs as a workaround to MiCA regulations The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Hawkish Fed and strong USD capping gold's potential gains, but PCE will provide direction – FX Empire’s Ali The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

BMO Capital increases gold and silver forecasts, sees rally in the final months of 2024 The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

When politicians say the green transition is here, they are really asking voters to support throwing more good money after bad. We need to be smarter, writes Bjorn Lomborg https://on.wsj.com/3KUNCOT

Opinion | The 2025 ‘Tax Armageddon’ Democrats in Congress say they’ll hold middle-class tax cuts hostage to a huge overall tax increase.

Wouldn’t it be nice to know that the world’s most important central bank was at least alert to one of the biggest dangers now facing the world economy? asks Joseph Sternberg https://on.wsj.com/3KxFL9B

Opinion | How Electric Vehicles Can Make Everyone Happy Ending subsidies, mandates and tariffs would expand use of EVs while letting people continue driving the cars they want.

$4,800 gold by 2030 ‘sounds pretty realistic’ - Ronnie Stoeferle The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Opinion | D-Day in Modern Memory The sacrifices of that fateful day are what is required when deterrence fails.

The US chip designer also briefly overtook Apple as world’s second-most valuable listed company: https://on.ft.com/3x2IAMQ

Gold Futures Regain Momentum as Economic Concerns Intensify The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Turkey Eyes Taxing Stock Gains as Part of Fiscal Tightening Push Turkey is considering taxing proceeds from investments in stocks and cryptoassets as part of a fiscal tightening push. Stocks and the lira fell on the news.

Economic, Security Headwinds Await Mexico’s First Female Leader. These Charts Explain Why. When the president-elect takes office Oct. 1, she inherits a security crisis and a widening budget gap. These charts explain the situation.

Opinion | Donald Trump, the Devil and Thomas More Respect for precedent means treating like cases alike. Think what that means for democracy.

Opinion | Risky Lending at the Root of Banking Crises Many are the result of poor lending and eventual insolvency rather than illiquidity.

Anti-Aging Secrets of the Mega-Rich I hope you enjoyed today’s Longevity Lunch of 2.5 ounces of low-oxygen air and a high-altitude gooseberry.

Claudia Sheinbaum has a Ph.D. and a shared Nobel Peace Prize and was the first woman elected to lead Mexico City. Now, she's the clear front-runner in the Mexican election on Sunday, putting her in position to become the country’s first female president. https://nyti.ms/3KohOBr

In “There Was Nothing You Could Do,” author Steven Hyden explores how “Born in the U.S.A.” foreshadows today’s political polarization.

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Watch: Crypto Mania Is Back—But It Looks Different Than in 2021 | Then vs. Now Bitcoin’s value hit a new record this year, exceeding its Covid-era high and shocking investors. Here’s what that 2021 rally can show us about this year’s spike—and the crypto market’s $2.6 trillion market capitalization.

The Solar Breakthrough That Could Help the U.S. Compete With China The biggest investor in U.S. solar manufacturing is embracing a new technology that reduces the cost of producing the panels.