Market Moves: Week Ending 6 December 2024
Ethereum ETFs (EETH, IETH) were the top performers last week as the Ethereum price popped in response to Bitcoin hitting all-time highs ... By Global X Research Team
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Ethereum ETFs (EETH, IETH) were the top performers last week as the Ethereum price popped in response to Bitcoin hitting all-time highs ... By Global X Research Team
Salesforce continues to prove its value to enterprises by focusing on practical, scalable solutions. Known for its dominance in customer relationship management ... By Billy Leung
The uranium and copper industries continue to attract significant commitments from both private sector investments, including companies like Meta, and government support, ... By Marc Jocum
The copper industry remains in focus with potential M&A activity restarting and record production from Chile, while oil prices retreated last week ... By Marc Jocum
Last week’s top performing ETFs were a mixed bag, including Ethereum (EETH), long bond, hydrogen, and digital health funds. Again, market moves ... By Global X Research Team
Meituan, a leading player in China’s food delivery and technology ecosystem, has emerged as a quiet powerhouse in AI innovation. Its Q3 ... By Billy Leung
Nvidia’s latest earnings highlight its growing importance in AI and computing. The company reported $35 billion in quarterly revenue, a 94% year-on-year ... By Billy Leung
Cryptocurrency ETFs (IBTC, EBTC, BTXX, IETH, EETH) had another week at the top of the pops as Bitcoin reached all-time highs. This ... By Global X Research Team
International collaboration to advance nuclear energy initiatives continues to progress, though Australia remains behind. Meanwhile, escalating geopolitical tensions, including the wars in ... By Marc Jocum
The 2024 United Nations Climate Change Conference (COP29) continues this week in Azerbaijan where nations are coming together to work towards global ... By Marc Jocum
The proposed Department of Government Efficiency (DOGE), backed by high-profile leaders Elon Musk and Vivek Ramaswamy, is poised to reshape defence and ... By Billy Leung
Bitcoin ETFs (VBTC, IBTC, BTXX, EBTC) popped last week as Bitcoin hit new all-time highs above $US90,000, following Donald Trump’s US election ... By Global X Research Team
Cryptocurrency ETFs (CRYP, EETH, IETH) – in particular Ethereum-backed funds – traded higher off the back of Bitcoin’s climb to all-time-highs around ... By Marc Jocum
The convergence of AI-driven data centres with utility infrastructure has become a critical trend. However, recent regulatory developments highlight challenges. Last week, ... By Billy Leung
Most commodities fell after Donald Trump’s US election victory, but long-term demand from renewable energy, power grid expansion, and data centers remains ... By Marc Jocum
Uranium producers form strategic partnership, the OPEC+ pushes back output increases, and Asian investors snap up gold ahead of the US election. ... By Justin Lin
One of the most prevalent market narratives in 2024 has been the slowing adoption of electric vehicles. Indeed, there are multiple temporary ... By Justin Lin
Cryptocurrency ETFs (BTXX, EBTC, IBTC) traded higher as investors continued to bet tentatively on the possibility of a Trump administration.1 While Bitcoin ... By Justin Lin
Precious metals (ETPMAG, ETPMPD, ETPMPM) were a theme across the top performers this week due to a slew of tailwinds. Palladium rallied ... By Justin Lin
Autonomous vehicles (AV) have been a dominant theme in the month of October. Earlier in the month, Tesla hosted its much anticipated ... By Justin Lin
Biden Administration approves its first lithium project, palladium rallies on possible Russian sanctions, and geopolitical tensions renew crude oil’s risk premium. Join ... By Justin Lin
Precious metals rally as Europe cuts rates, crude oil falls on weak Chinese data, and European countries push for nuclear energy. Join ... By Justin Lin
Last Thursday, Netflix Inc. stunned Wall Street with its third-quarter earnings report after it surpassed expectations on nearly every major metric and ... By Justin Lin
Cryptocurrency ETFs (BTXX, CRYP, EBTC, EETH, IBTC, VBTC) were the top performers of the week as traders priced-in the increasing likelihood of ... By Justin Lin
Korea helps the Philippines with its nuclear reactors, oil prices fall as hopes of ceasefire diminish war risk, and Rio Tinto makes ... By Justin Lin
Palladium was the best performing asset of the week likely due to short covering after the metal rallied more than 20% in ... By Justin Lin
Last week, Rio Tinto officially announced a definitive agreement with Arcadium Lithium to fully acquire the lithium miner in an all-cash transaction ... By Justin Lin
China-focused ETFs (CETF, CNEW, IZZ) were the top performing funds of the week once again as Chinese stocks continued to rally in ... By Justin Lin
Google has received a slap on the wrist and has been ordered to overhaul its mobile app business as a result of ... By Global X Research Team
Uranium boosted by Microsoft-related moves, LNG demand to lift in 2025, and US Fed and job news affects gold prices. Join Global ... By Global X Research Team
Last Wednesday, Meta surprised the tech world as it revealed a slew of new innovations at its annual Connect conference. The company ... By Justin Lin
China-focused ETFs (CETF, CNEW, IZZ) were the top performing funds of the week after the Chinese government announced a slew of policy ... By Justin Lin
Copper bounces on Chinese Policy Blitz, gold hits all-time high on Fed cut expectations, and uranium receives support from major global banks. ... By Justin Lin
Lithium miners go offline in China, oil exports jump in Russia, and Microsoft secures some nuclear power. Join Global X each week ... By Justin Lin
Cryptocurrencies (BTXX, EBTC, EETH, IBTC) were the top performing assets last week. Risk assets rallied in general after the Fed surprised the ... By Justin Lin
Big tech is going big on nuclear. Last week, tech giant Microsoft Co. signed a 20-year power purchase agreement to with Constellation ... By Justin Lin
Gold hits a new all-time high on poor economic data, Russia considers restricting uranium exports to the West, and crude oil demand ... By Justin Lin
AI industry leader, OpenAI, has shocked the world once again with a new model that is programmed to ‘think deeply’ before answering ... By Justin Lin
Precious metals and precious metal miners (ETPMPD, GDX, MNRS) were a theme across the top performers after physical gold hit new all-time ... By Justin Lin
Kazakhstan wants to use the uranium they mine, Goldman Sachs cuts bullish copper outlook, and rising adoption of hybrids drive palladium demand. ... By Justin Lin
Tesla has said it is on track to launch “Full Self Driving” (FSD) in China and Europe by Q1 2025.1 The announcement, ... By Justin Lin
Short equity funds (BBUS, BBOZ, SNAS) were the top performers after weak labour reports brought back fears the US may be headed ... By Justin Lin
Palladium (ETPMPD) was the top performing asset of the week on reports of growing adoption of hybrids over electrical vehicles in the ... By Justin Lin
Semiconductors & AI In one of the biggest IT acquisitions of the year, AMD has announced plans to acquire ZT Systems, a ... By Justin Lin
Libya shuts down 50% of its oil production, BHP downgrades copper demand in 2024, and gold looks to break its “September Curse”. ... By Justin Lin
Crypto ETFs (BTXX, CRYP, EBTC, IBTC, VBTC) were some of the top performing assets of the week after Fed Chair Jerome Powell ... By Justin Lin
Gold bounces as Jackson Hole sends dovish signals, uranium rallies on weak projected 2025 output, and Pilbara puts its plans for the ... By Justin Lin
India & Emerging Markets In what has been a hot year for Indian equities, South Korean consumer hardware giant, LG Electronics, ... By Justin Lin
Geared US equity funds (GGUS, LNAS) were the top performers of the week after the US stock market rallied on strong economic ... By Justin Lin
Big Tech & Internet In a historic ruling by the US Department of Justice (DOJ), Alphabet inc., the owner of renowned ... By Justin Lin
Work resumes after strike at the world’s largest copper mine, money managers are most bullish on gold since 2020, and the US ... By Justin Lin
Weak Chinese oil imports raises alarm, Taiwan shuts down a nuclear reactor, and gold voted best safe haven asset. Join Global X ... By Justin Lin
Crude Oil (OOO) was the top performing non-leveraged fund this week after geopolitical tensions flared once again between Israel and Iran. Reports ... By Justin Lin
Chinese copper demand looks to recover, Kazatomprom boosts its uranium output, and investors rush to gold as tensions flair in the Middle ... By Justin Lin
E-commerce giant, Amazon inc., appears to be once again on the lookout for opportunities to expand its world-leading robotics division. Last week, ... By Justin Lin
Government bond ETFs (GGAB, GGFD, GGOV) were the top performers last week after a weak US labour report sent investors scrambling for ... By Justin Lin
Gold slides on a stronger US dollar, India secures its supply of critical minerals, and oil traders wait for the OPEC meeting. ... By Justin Lin
Have you ever wanted to create an AI version of yourself? In what is the latest attempt by big tech to further ... By Justin Lin
Bitcoin (BTXX, EBTC, IBTC) was a top performer last week after Former President Donald Trump talked up the asset at the 2024 ... By Justin Lin
Over the weekend, a botched update installed by cybersecurity giant CrowdStrike to Microsoft computers has caused what many are calling the biggest ... By Justin Lin
Bitcoin ETFs (EBTC, IBTC, VBTC) were the top performers of the week after reports emerged that the German government had completed the ... By Justin Lin
US oil producers do more with less, China’s third plenum disappoints copper traders, and US presidential chaos to increase gold appeal. Join ... By Justin Lin
Australians change their mind on nuclear energy, BHP suspends nickel mining operations, and Rio Tinto looks to acquire copper miners. Join Global ... By Justin Lin
Google operator, Alphabet Inc. has entered advanced talks to acquire Wiz, a privately held cybersecurity firm, for US$23 billion.1 The deal, if ... By Justin Lin
Rate sensitive, tech-enabled industries such as clean energy (HGEN, T8EV, TANN) and biotechnology (CURE) were the top performers last week after a ... By Justin Lin
Tropical storms impact oil output, physical gold is getting harder to find, and France needs more nuclear-qualified workers. Join Global X each ... By Justin Lin
Big tech and risk-on growth ETFs (FANG, HYGG, LNAS, MCGG, WCMQ) were the top performers last week after US data releases signalled ... By Justin Lin
Car manufacturing giant Renault SA is aiming to reduce battery costs on its electric vehicles (EVs) by up to 20% over the ... By Justin Lin
Japan discovers trove of battery metals in the Pacific, US oil producers investigated for collusion, and copper stockpiles show signs of returning ... By Justin Lin
Cybersecurity ETFs (BUGG) were thrust into the spotlight after CDK Global, a major car dealership software provider, was hacked, leaving 15,000 car ... By Justin Lin
Global demand for artificial intelligence (AI) memory chips is reshaping South Korea’s economy. Over the past year, South Korea has experienced a ... By Justin Lin
Thousands of car dealerships across the US and Canada were left paralysed after CDK Global, a major software provider, was hacked.1 CDK’s ... By Justin Lin
Chinese refineries send copper overseas, India snaps up discounted Russian oil, and US encourages nuclear energy innovation. Join Global X each week ... By Justin Lin
Platinum group metals (ETPMPD, ETPMPT), also known as PGMs, were the top performing assets of the week. Spot palladium prices hit one-month ... By Justin Lin
Risk-on, big tech ETFs (FANG, HNDQ, LNAS, SEMI) were the top performers last week after data releases in the US showed slowing ... By Justin Lin
Despite previous blockages, Tesla shareholders have voted with 72% in favour to re-ratify a US$56 billion pay package for Elon Musk.1 The ... By Justin Lin
Serbia is set to open Europe’s largest lithium mine, US citizens show love for nuclear energy, and Russia vows to cut back ... By Justin Lin
Crude oil demand rises thanks to jet-setting tourists, the Chinese central bank pauses gold purchases, and copper needs 194 new mines to ... By Justin Lin
Apple’s widely anticipated annual Worldwide Developers Conference (WWDC) kicked off at the beginning of this week and as expected, the focus was ... By Justin Lin
Crypto ETFs (CRYP, EBTC) were the top performing assets of the week as Bitcoin retested all-time highs, reaching US$72,000 on a surge ... By Justin Lin
Bitcoin’s status as a mere digital store of value could be changing. Momentum is building in the Bitcoin community for a change ... By Justin Lin
OPEC+ sends mixed messages on supply cuts, BHP fails to acquire Anglo American, and gold waits on European Central Bank’s rate decision. ... By Justin Lin
Short equity funds (SNAS) beat the market last week as the Nasdaq and S&P 500 snapped a five-week win streak on poor ... By Justin Lin
Copper smelters fight for scraps, China buys the dip on cobalt, and OPEC+ looks to extend production cuts on oil. Join Global ... By Justin Lin
The global battle for high tech computer chip dominance is heating up with China recently announcing its largest ever semiconductor investment fund.1 ... By Justin Lin
Ethereum (EETH) was the best performing asset of the week as investors celebrated the SEC’s approval of 19b-4 filings allowing US exchanges ... By Justin Lin
Crypto ETFs (CRYP, EBTC, EETH) were the top performers last week as the industry prepared for the SEC’s impending decision of whether ... By Justin Lin
US slams ban on Russian uranium, rising rate-cut sentiment buoys crude oil price, and copper experiences the short squeeze of a lifetime. ... By Justin Lin
Artificial intelligence (AI) is once again sending shockwaves across the stock market, thanks to a new invention from OpenAI. Last week, the ... By Justin Lin
Precious metals and their miners (ETPMAG, MNRS, GDX, ETPMPM, ETPMPD, GLDN) were the top performers of the week. Renewed US rate-cut optimism ... By Justin Lin
Apple has reportedly closed in on a deal with ChatGPT creator OpenAI to bring the startup’s artificial intelligence (AI) services to the ... By Justin Lin
India secures its lithium pipeline, China starts importing more oil, and improving rate-cut odds buoy copper sentiment. Join Global X each week ... By Justin Lin
Risk-on tech-oriented ETFs (CRYP, GGUS, IBUY, LNAS, SEMI) outperformed last week after a busy week of US earnings saw over 80% of ... By Justin Lin
As of April 27th, 57% of the S&P 500 had reported, with average earnings per share across the market 5% ahead of ... By Justin Lin
Gold rallies on rising geopolitical tensions, crude oil demands a war-risk premium, and copper supply stays lacking. Join Global X each week ... By Justin Lin
Short equity funds (BBOZ, BBUS, BEAR, SNAS) thrived last week after US Fed Chair Jerome Powell stated his dissatisfaction with the country’s ... By Justin Lin
US sanctions Venezuelan oil, China cannot get enough gold, and copper touches 22-month highs as industry top dogs meet. Join Global X ... By Justin Lin
Artificial Intelligence and Big Tech The third major earning season of the 2024 financial year is quickly approaching, and all eyes will ... By Justin Lin
Bitcoin has been one of the best performing assets of 2024. At its peak of US$73,000 in March, it had returned more ... By Justin Lin
Gold rallies on rising geopolitical tensions, crude oil demands a war-risk premium, and copper supply stays lacking. Join Global X each week ... By Justin Lin
Carbon credits (GCO2, XCO2) were the best performing assets last week after the UN’s Carbon Emissions Watch Dog announced that it will ... By Justin Lin
Mexico halts crude oil exports, China keeps buying gold, and Goldman gives uranium the stamp of approval. Join Global X each week ... By Justin Lin
Silver (ETPMAG) was the top performing asset of the week as it rallied in response to gold hitting new all-time highs.1 The ... By Justin Lin
Amazon has announced it will invest an additional US$2.75 billion in Anthropic, a prominent AI startup and rival to OpenAI, known for ... By Justin Lin
Xiaomi Corp, a Chinese firm mainly known for mobile phones and electric scooters, has successfully made its first foray into the EV ... By Justin Lin
Western Australia urged to reconsider uranium bans, US sanctions weigh down crude oil shipping, and gold rises on Fed’s rate cut promise. ... By Justin Lin
Crypto ETFs (EBTC, EETH) were the top performers of the week as investors geared up for the impending Bitcoin ‘halving’.1 Historically, Bitcoin’s ... By Justin Lin
Nvidia will launch a new generation of GPU chipsets to succeed its current, wildly successful Hopper AI products. The new platform named ... By Justin Lin
Australian rare earth miners get US backing, Congo overtakes Peru in copper output, and gold hits all-time highs as Fed confirms rate ... By Justin Lin
Risk-on, technology ETFs (FANG, GGUS, LNAS, SEMI, TANN) were the top performers last week after Fed chair Jerome Powell allayed investor concerns ... By Justin Lin
According to Bloomberg NEF, China added 216.9 gigawatts of solar power in 2023.1 That number is staggering for a few reasons. For ... By Justin Lin
Chinese youth scramble for gold beans, Russian oil refineries are hit in drone strikes, and copper touches 11-month highs on supply concerns. ... By Justin Lin
Electrification and transition-critical metals ETFs (GMTL, WIRE, XMET) were the top performers of the week after Chinese copper smelters agreed to temporarily ... By Justin Lin
India has signed a free trade agreement with the EFTA – a four-country bloc in Europe consisting of Switzerland, Norway, Iceland, and ... By Justin Lin
Gold rallies to all-time-highs, Japanese nuclear plants come back online, and platinum group metal (PGM) miners start to feel the pain. Join ... By Justin Lin
Crypto ETFs (EBTC, EETH) were the best performers last week as Bitcoin surged passed US$70,000 to new all-time highs on positive sentiment ... By Justin Lin
India’s biggest company by market cap, Reliance Industries, is looking to expand its already extensive investment portfolio with significant forays into both ... By Justin Lin
Pilbara Minerals sees an end to lithium’s plight, copper prices could rally 6% on Fed rate cut, and gold edges higher as ... By Justin Lin
Ethereum (EETH) was the top performing asset of the week as investors geared up in anticipation of the ‘Dencun’ upgrade, a system-wide ... By Justin Lin
Crypto ETFs (CRYP, EBTC, EETH) dominated the top performers list once again as Bitcoin surged to US$52,000, its highest mark since 2021.1 ... By Justin Lin
Crude oil looks to rise as geopolitical tensions return to the Middle East, precious metals remain dependent on the Fed’s rate-cut narrative, ... By Justin Lin
OpenAI, creators of ChatGPT, announced a new artificial intelligence model named ‘Sora’ which can seemingly create photorealistic videos from user-inputted text prompts. ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Crypto ETFs (CRYP, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Uranium ETFs (ATOM, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Crude Oil (OOO) ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Semiconductor firms and ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Ethereum (EETH) was the ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Inverse bond and equity ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Risk-on, tech-oriented ETFs ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Cryptocurrency ETFs (CRYP, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Clean energy ETFs ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Looking for our Digital ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Risk-on and leveraged ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Cryptocurrency ETFs (CRYP, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Bitcoin ETFs (EBTC) ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Physical gold and ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Uranium ETFs (ATOM, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Short equity funds ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Uranium ETFs (ATOM, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Looking for our Digital ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Risk-on investments (CRYP, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Uranium ETFs (ATOM, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Short equity funds (BBOZ, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Looking for our Digital ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Short US ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. China-focused ETFs ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Healthcare ETFs ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Risk assets ... By Justin Lin
Despite very strong performance through the month of May, the digital assets industry garnered only limited media attention as investors focused on ... By Global X Research Team
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. For crypto enthusiasts, don’t ... By Justin Lin
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