Author: Investor Empires
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Coca Cola stock replaces Pepsi as Morgan Stanley’s Top Pick in beverages By Investing.com
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Morgan Stanley analysts have raised Coca-Cola to their top pick in the beverage sector, replacing PepsiCo. The investment bank also raised its price target. Coca-Cola Company (NYSE:) shares from $70 to $78, representing a gain of about 10% from recent levels. “We continue to favor Coca-Cola here in absolute terms…
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BlackRock’s Bitcoin ETF Saw Highest Inflow in Over a Month
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On Monday, BlackRock’s Bitcoin exchange-traded fund saw its biggest daily inflows in more than 35 days. The iShares Bitcoin Trust (IBIT) received a net inflow of $224 million. NEW: ?? While others are selling, BlackRock is selling. #Bitcoin The exchange-traded fund saw inflows of $224 yesterday. Highest level in over…
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BlackRock’s Bitcoin ETF Saw Highest Inflow in Over a Month
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On Monday, BlackRock’s Bitcoin exchange-traded fund saw its biggest daily inflows in more than 35 days. The iShares Bitcoin Trust (IBIT) received a net inflow of $224 million. NEW: ?? While others are selling, BlackRock is selling. #Bitcoin The exchange-traded fund saw inflows of $224 yesterday. Highest level in over…
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US demands Israeli recognition of its standards
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The Knesset recently passed a series of import reforms under the title “What’s Good for Europe is Good for Israel,” but what about what’s good for the United States? The reform, which recognizes European regulations and standards for a wide range of products, including food, cosmetics, and electrical goods, in…
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EUR/USD to grind higher to above 1.15 in 2025: UBS By Investing.com
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On Tuesday, UBS noted that a slowing US economy could weaken the US dollar as the Federal Reserve may begin to ease monetary policy. For investors, UBS sees the exchange rate, which has been in a range of 1.10-1.15, rising above 1.15 by 2025. The brokerage notes that any dips…
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Telegram Faces Indian Probe Following Durov’s Arrest In France: TON Plummets 20%
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The Indian government has launched an investigation into the social media app Telegram over concerns it could be used for criminal activities such as extortion and gambling. The probe follows the arrest of the app’s CEO Pavel Durov in France over the weekend. Telegram faces possible ban in India According…
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Telegram Faces Indian Probe Following Durov’s Arrest In France: TON Plummets 20%
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The Indian government has launched an investigation into the social media app Telegram over concerns it could be used for criminal activities such as extortion and gambling. The probe follows the arrest of the app’s CEO Pavel Durov in France over the weekend. Telegram faces possible ban in India According…
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PM says Ukraine needs extra $15 billion to cover 2025 budget gap By Reuters
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KIEV (Reuters) – Ukraine needs an additional $15 billion to cover its budget deficit in 2025, Prime Minister Denys Shmyhal said on Tuesday. He said Ukraine estimates the total budget deficit for next year at about $35 billion, with plans to cover $20 billion. The Ukrainian government estimates the deficit…
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What really moves stocks? | Forexlive
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When beginners approach stocks they look for either technical analysis or financial analysis like earnings, cash flow, price to earnings ratio, balance sheet etc. This is not what moves stocks. If you want to be convinced of your ideas, you need to know what moves your stocks and what the…
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Russia nears crypto exchange trials to bypass sanctions: report
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Russia is reportedly set to begin experiments on cryptocurrency exchanges and token transactions for cross-border payments to mitigate the impact of international sanctions. Russia appears to be days away from starting trials of cryptocurrency exchanges and token transactions for cross-border transactions in an attempt to bypass the challenges it faces…
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PDD’s $55 billion stock crash sends warning on Chinese economy
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(Bloomberg) — One of the last remaining bright spots in Chinese consumption is fading fast, as the country’s economic malaise saps demand for even the most accessible goods. Most Read from Bloomberg In the latest warning to global markets about the health of China’s economy, Temu owner PDD Holdings (PDD)…
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Woodside profit, dividend beat estimates, firm flags interest in Driftwood stake By Reuters
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By Himanshi Akhand and Louis Jackson (Reuters) – Australia’s Woodside Energy reported a 14 percent drop in first-half profit on Tuesday due to lower oil prices, but the result and its dividend beat market expectations, sending its shares up 4 percent. Chief executive Meg O’Neill said there was significant interest…
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Nigeria’s Crypto Tax Reform To ‘Boost Foreign Investment’
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Nigeria’s financial authorities recently announced plans to overhaul the tax system to include crypto assets. A Nigerian organization has hailed the upcoming proposal, which aims to update existing policies and adapt to the evolving financial landscape, describing the effort as a “game-changer” for the country’s economic growth. FIRS tax reform…
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Elon Musk supports California’s AI safety bill (NASDAQ:TSLA)
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Abu Gomez Tesla (NASDAQ: TeslaElon Musk, CEO and owner of artificial intelligence company xAI, expressed his support for California’s controversial AI safety bill in a social media post on Monday. “This is a difficult decision and it will make some people upset, but considering everything, I think I will make…
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Asia FX weakens amid China trade jitters; yen rally stalls By Investing.com
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Most Asian currencies fell on Tuesday as concerns about a trade war over new Canadian tariffs on China mounted, while some weak inflation data held back the Japanese yen’s advance. The dollar’s recovery from 13-month lows also weighed on regional markets, as rising geopolitical tensions in the Middle East, Libya…
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BNB Price Faces Challenges: Will It Hold $550 and Bounce Back?
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BNB price struggles to stay above Support area is $550. The price may start rising again if it breaks the resistance area of $560. BNB price started a fresh decline from the $592 resistance area. The price is now trading below the $565 level and the 100-hour simple moving average.…
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China EV maker Xpeng considers Europe factory in areas with ‘low labor risks’
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Xpeng Inc. is looking for a manufacturing site in Europe, making it the latest Chinese electric vehicle maker to seek to mitigate the impact of import tariffs by building its vehicles in the region. Volkswagen AG’s Chinese partner is in the early stages of selecting a site in the European…
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BofA likes the USD lower and GBP higher
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US Dollar: Bearish The central bank expects the US dollar to weaken in the medium term due to the expected rate cuts by the Fed and slowing growth in the US. However, the downside is somewhat balanced by the fact that a significant amount of easing has already been priced…
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Top Compliance Strategies For DeFi Projects
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Navigating the murky waters of DeFi, compliance plays a crucial role as new regulations emerge. DeFi projects, propelled by innovation, now face the pressing need to align with these sweeping legislative demands. The rise of decentralized finance hasn’t gone unnoticed by regulators. As the regulatory landscape shifts, project leaders must…
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BGF leads £17.3m investment in Sunswap to accelerate decarbonisation in cold chain logistics
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Sunswap, a leading UK cleantech company focused on decarbonising logistics cold chains, has secured £17.3m in a funding round led by investment firm BGF. This investment will accelerate the roll-out of Sunswap’s innovative zero-emissions refrigeration technology across the UK and Europe, marking a significant step forward in efforts to reduce…