Since last week: A largely up year was hampered by a slump in prices across the board as we head into the last few trading days of 2024.
The market experienced what was being called a “Santa Claus” rally in the days leading up to Christmas but it largely evaporated in the days after. This happened pretty much across the board and involved a variety of sectors, including cryptocurrency. This is the kind of volatility that could very well define 2025, so you’ll want to be prepared. Click here to learn more about what you need to know to be prepared to profit despite it.
Increasing violence in the Middle East was one of the key drivers behind climbing gold prices these past few days, and this could only be the start of it. Gold being a safe hedge against volatility is an investing story as old as time and it’s repeating itself again. Click here to learn what you should be buying to benefit from the price surge.
Oklo, a nuclear power startup backed by Sam Altman, has signed an agreement with a company called Switch, which operates data centers. The agreement will see Oklo develop nuclear reactors for the company, whose services could be used by the tech giants that need the power to carry out their AI-related ambitions. It’s why nuclear power will continue to be one of the best investment sectors of the next few years. Click here to take a look at the uranium miners who will be the big winners in this race.
AGI is said to be the next step in AI, and Microsoft and OpenAI have worked to define what that will be based on the latter’s profits. The two have signed an agreement that states OpenAI will have achieved AGI when it has developed AI systems that can generate at least $100 billion in profits. It’s a milestone that’s still some years away, but it shows the profit potential still to come in this sector. You don’t want to wait to secure your profits. Click here to learn about three companies set to take off in the AI race.
The thing to watch will be whether this downward trend continues into the new year.