See the full story in the original article.
Read the original on actionforex.com ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
XAU/USD
▼ Likely negativeRelevance: high
| Market | Gold |
|---|---|
| Close on 10/22/2026 | 4,024.59 |
| Change that session | -2.82% |
PAXG/USDT
▼ Likely negativePAX Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/22/2026 | 4,036.10 |
| Change that session | -2.23% |
XAUT/USDT
▼ Likely negativeTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.4B |
| Close on 10/22/2026 | 4,030.01 |
| Change that session | -2.29% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Will gold hit $5,000 again? What experts expect for 2027
- Gold outlook bleak ; avoid aggressive selling without stop loss : Analyst
- Trading Education : Gold falls despite lower yields : A lesson in trading what the market gives you
- Central banks keep buying gold while governments tighten the rules around retail access . Is the world preparing for a new era of monetary control ?
- Gold gains as Treasury yields stabilize, Nasdaq surges despite Fed tightening concerns - Kitco PM Report
Spot gold rose in late U.S. trading Wednesday and spot silver recovered from earlier losses, helped by a softer dollar and easing crude prices despite inflation worries and expectations of more Fed tightening. Gold traded near $4,141.01 an ounce (up 0.66%) and silver near $57.976 (up 0.34%). U.S. data stayed weak: September housing starts fell 5.2% to 1.221 million units and pending home sales dropped 7.3%. December WTI settled at $97.15 a barrel, while tensions involving Iran and the Strait of Hormuz remain unresolved. U.S. stocks all closed higher, with the Nasdaq up 1.05% on tech gains.
- Gold bar and plain gold ring prices on Oct 20 afternoon reverse upward at SJC, DOJI, PNJ, Bảo Tín Minh Châu
After falling about 1.6 million VND per tael over two days, domestic gold prices showed signs of recovery: SJC, PNJ, DOJI and Bảo Tín Minh Châu gold bars rose by 600,000 VND per tael to 139.6–142.6 million VND, though still 500,000 VND below early-morning levels. For 9999 gold rings, PNJ rose by 500,000 VND to 138.5–141.5 million VND, while other brands held steady. Globally, spot gold climbed to $4,180 per ounce before retreating to $4,132, according to Kitco, after falling on October 19 as the U.S. dollar strengthened and Treasury yields rose. U.S. stocks ended mixed, with the Nasdaq up 1.1% to 26,430.89 points while the Dow Jones slipped 0.1% to 51,966.03, and European markets fell sharply after protests in France and Italy, with the CAC 40 down 1.11% to 7,868.05.
Related markets
Latest news
- Bloom Energy Raised Its 2026 Forecast for the Third Time. Is the Stock a Buy More Than a Third Below Its Record?
Bloom Energy reported record third-quarter revenue of $1.24 billion, up 138% year over year, and raised its 2026 revenue forecast to $4.4 billion–$4.6 billion for the third time this year. Despite the results, shares fell about 9% to $217.77 on Oct. 22 and dropped to roughly $203 after hours, still about 37% below the June 22 record close of $345.85. The weak spot was cash: operations used $27 million in the third quarter, contract assets (revenue booked but not yet billed) rose to $793 million, and free cash flow was negative $181 million. The author says the stock now looks cheaper relative to the raised earnings forecast and could be considered for gradual investment, but wants to see contract assets convert to cash before increasing the position more aggressively.
- Apple Joins Nvidia in the $5 Trillion Club. Here's Which Stock I Think Can Get to $10 Trillion First.
Apple has joined the $5 trillion market-cap club after recent stock gains, while Nvidia remains slightly larger at $5.13 trillion. The author expects Apple to reach $10 trillion first, arguing it is a lifestyle brand with strong customer loyalty: iPhone owners account for about half of Apple's sales, 87% of current iPhone owners say their next smartphone will also be an iPhone, and Apple-made devices in use reached a record 2.5 billion. Nvidia trades at about 14 times next year's expected profit of $15.91 per share, which may reflect a headwind in its AI business, since data centers account for roughly 90% of its revenue and competitors such as AMD and Qualcomm are rising. The article notes that either company could reach the milestone first and that both can perform well.
- Inflation Is Running Hotter Than Expected. That Could Be Bullish for Bitcoin.
Consumer prices rose 3.7% in the 12 months through September 2026, and Bitcoin fell about $1,000 after the hotter-than-expected October 14 report, as higher inflation raises the odds of Federal Reserve rate hikes. The article argues Bitcoin is not necessarily well suited to hedge rising costs: producer prices jumped 6.3% over 12 months, and squeezed consumers may invest less in riskier assets like Bitcoin. However, J.P. Morgan Asset Management views Bitcoin as a bet that governments will keep creating money, and U.S. M2 money supply grew 5.7% in the year through August 2026. If the Fed cuts rates while prices keep climbing, Bitcoin's fixed supply could serve as an inflation refuge, and the author says the next few quarters will test this thesis.
- AI bear slams Nvidia's GPU pitch: 'There's not scarcity other than that which is created by Jensen Huang'
Ed Zitron, CEO of PR firm EZPR and a critic of the AI spending boom, says Nvidia (NVDA) is creating the scarcity it sells against. He pointed to a concentrated customer base, with five companies accounting for about 70% of Nvidia's accounts receivable in the first half, and accused Jensen Huang of channel stuffing by pushing GPUs into the channel. He questioned what more data centers deliver, citing a Bloomberg report that Microsoft (MSFT) has about 2 gigawatts of AI compute online out of 12 gigawatts reported. He said OpenAI and Anthropic have become 'load-bearing' for several large companies and, asked what should happen if they falter, replied 'Let them die.' He argued that a rescue would not hold up the market, since it depends on GPU sales continuing to rise at higher prices.
- Vertiv (VRT) Stock Looks Below Fair Value After A Huge Run
The article says Vertiv (VRT) shares have risen strongly on the data center and AI infrastructure wave, with a five-year return of about 660%. A discounted cash flow (DCF) model estimates latest twelve-month free cash flow at about $3.0 billion and an intrinsic value meaningfully above the $194.32 share price. New AI factory partnerships with NVIDIA and Dassault Systèmes, plus a sizeable order backlog tied to AI data center projects, are cited as factors that could affect how fast cash arrives and how much investment is needed. The piece also notes a P/E of 43.2x and asks whether the current price is fully supported by the cash flows implied in the DCF estimate.
- Ex-dividend calendar for Oct 26–30: One bank's 50% rights issue ratio stands out
This week, 10 companies will pay cash dividends, ranging from nearly 3.5% to 20%. MSR set Nov 2 as the last registration date for its 20% advance dividend of the 2/2026 round, with an ex-date of Oct 30 and an estimated payout of about 2,210 billion VND on Nov 6. MSR's shareholders approved an advance of 50% for this round, about 5,500 billion VND, which together with the 10% advance from round 1/2026 brings its total 2026 dividend to 60%, roughly 6,600 billion VND. Techcombank (TCB) set Oct 30, 2026 as its last registration date, with an expected ex-rights date of Oct 29, to issue 3,543,120,207 shares at a 50% ratio, so holders of 100 shares receive 50 new ones. The issue, worth over 35,431 billion VND at par value, is funded by undistributed retained earnings from the audited 2025 financial statements.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.