Robert Price, CEO of Greenland Energy (GLND), joins Trading 360 after the company began public trading this week. He says the U.S. and European allies need to "look beyond the Strait of Hormuz" for crude oil as his company begins to drill oil wells in Greenland.
80 Mile PLC (AIM:80M, OTCQB:BLLYF) shares climbed, rising around 10% to 1.23p, as the helium firm's Jameson project saw an implied valuation of some $148 million, as partner Greenland Energy Company began trading on NASDAQ (under the ticker GLND). GLND ended its debut day, Thursday 26 March, with a market capitalisation of US$345 million.
President Donald Trump told CNBC that mineral rights are part of the Greenland deal framework that he announced this week in Davos, Switzerland. Trump says he wants to block China's and Russia's ambitions in the Arctic.
The situation over in Greenland caused a bit of a market shock on Tuesday, with just about everything marching lower over fears of tariffs and related uncertainties.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Gold exceeds $4,800 per ounce as safe-haven demand surges amid geopolitics. After a record-breaking 2025, bullion is entering 2026 with momentum intact.
Gold rose on Wednesday as tensions between the U.S. and Europe simmered over President Trump's renewed push to take over Greenland.
MP Materials Corp (NYSE:MP) and USA Rare Earth Inc (NASDAQ:USAR) shares are on the rise today, as investors monitor the rare earths sector while the U.S. and Europe clash over the sale of Greenland.
The Magnificent Seven aren't looking so magnificent to start the week.
Chances are good that many investors are happy today is a holiday, and thus the stock markets are closed. That's because over the weekend, President Donald Trump announced the threat of new tariffs levied against America's most prominent European allies.
Tech stocks led U.S. market declines on Tuesday as tariff rhetoric tied to Greenland sparked a risk-off move. Howeve Wedbush's Dan Ives viewed the pullback as a buying opportunity ahead of earnings and continued AI spending.