Author: Investor Empires
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Biogen Completes Acquisition of Human Immunology Biosciences
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Jul 02, 2024 • 7 minute…
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Pure Storage stock down as UBS downgrades to Sell due to unjustified valuation By Investing.com
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Shares of Pure Storage (NYSE:) fell more than 5% before the market open on Tuesday after UBS analysts downgraded the stock from neutral to sell. The move comes as UBS sees an unfavorable risk-reward profile for the flash storage solutions provider due to slowing growth, declining market share, high valuation,…
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Ethereum Co-founder Rolls Out Game-Changing Feature To Accelerate ETH Transactions
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A massive surge is expected in the Ethereum network as the project’s co-founder and crypto enthusiast Vitalik Buterin has announced It has been revealed. A new feature of the Ethereum blockchain that promises to dramatically speed up transaction confirmation times. The new Single Slot Finality (SSF) feature has the potential…
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Ethereum Co-founder Rolls Out Game-Changing Feature To Accelerate ETH Transactions
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A massive surge is expected in the Ethereum network as the project’s co-founder and crypto enthusiast Vitalik Buterin has announced It has been revealed. A new feature of the Ethereum blockchain that promises to dramatically speed up transaction confirmation times. The new Single Slot Finality (SSF) feature has the potential…
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Shekel at weakest against dollar since April
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The shekel is falling against the US dollar today and is stable against the euro, at its lowest level against the dollar since April. In afternoon interbank trading, the shekel rose against the dollar by 0.37% to reach 3.767 shekels/dollar, and fell against the euro by 0.03% to reach 4.036/euros.…
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US Treasury yields boost dollar, Powell speech in focus By Reuters
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By Amanda Cooper and Stefano Ribaudo (Reuters) – Rising U.S. yields supported the dollar on Tuesday, while low-yielding currencies such as the Japanese yen felt pressure as investors awaited a speech by Federal Reserve Chairman Jerome Powell later in the session. Benchmark 10-year U.S. Treasury yields rose about 14 basis…
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Spot Bitcoin ETFs Saw Largest Inflow in a Month
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Bitcoin exchange-traded funds (ETFs) in the United States saw their largest daily inflow in nearly a month on Monday, totaling $129 million. Based on historical price trends, bitcoin looks set to start July on a bullish note. New: ?? #Bitcoin ETFs saw $130 million in inflows yesterday, the largest in…
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WideOpenWest cut to underperform at Raymond James By Investing.com
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Raymond James downgraded WideOpenWest (WOW) to Underperform, citing limited upside potential following the proposed acquisition. The company received a non-binding offer of $4.80 per share from its major shareholders and affiliates, which is in line with Raymond James’ previous target price of $5. However, the stock is currently trading above…
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Euro’s lack of faith highlights risks surrounding French elections
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The euro may have looked a bit optimistic early yesterday, but it faces a reality check today. The first round of the French election saw a clear victory for Le Pen’s far-right faction. Although the margin of victory was slightly narrower than expected, it also underscored the Macron government’s failure…
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Ethereum Suffers 3rd Straight Weekly Outflows
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The digital asset market is witnessing a wave of investor caution, with Ethereum leading the charge. CoinShares reports a third straight week of outflows, with Ethereum taking the biggest hit. This negative sentiment in the leading altcoin, coupled with sluggish trading volumes and regional outflows across the market, paints a…
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European Stocks Drop on Rates Outlook, France Poll: Markets Wrap
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(Bloomberg) — European stocks fell after policymakers signaled they needed more evidence that price pressures were under control, even as the latest data showed euro-area inflation slowing slightly. Most Read from Bloomberg The pan-European Stoxx 600 index fell about 0.5%, led by insurers and automakers. France’s CAC 40 lost most…
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Spirit Aero chief in spotlight as Boeing searches for new CEO By Reuters
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Written by Rajesh Kumar Singh CHICAGO (Reuters) – Boeing Co’s long-awaited announcement that it will buy back its troubled supplier Spirit Aerosystems Inc has now turned investors’ focus to the planemaker’s search for a new chief executive. Boeing is looking for a new chief executive after Dave Calhoun said in…
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Hawaii Crypto Firms Freed From Money Transmitter License
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In a historic move, the Hawaii Department of Commerce and Consumer Affairs (DCCA) has announced that crypto businesses operating within the state will no longer require a Money Transmitter License (MTL) as of June 30, 2024. This strategic decision comes after the expiration of Digital Currency Innovation Lab (DCIL)a regulatory…
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Hawaii Crypto Firms Freed From Money Transmitter License
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In a historic move, the Hawaii Department of Commerce and Consumer Affairs (DCCA) has announced that crypto businesses operating within the state will no longer require a Money Transmitter License (MTL) as of June 30, 2024. This strategic decision comes after the expiration of Digital Currency Innovation Lab (DCIL)a regulatory…
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Conn’s may file for Chapter 11 bankruptcy – report
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Marti157900/iStock Editorial via Getty Images being (NASDAQ:Connecticut) may file for Chapter 11 bankruptcy in the coming weeks, as the furniture retailer grapples with losses and years of challenges integrating rival WS Badcock, which it acquired last year, people familiar with the matter told Bloomberg. The news pushed Kun (Kun)) Stock…
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Dollar edges higher on Trump expectations; euro slips ahead of inflation data By Investing.com
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Investing.com – The U.S. dollar was slightly higher in early European trade on Tuesday, recovering from recent losses, while the euro fell ahead of key inflation data. At 04:30 ET (08:30 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.1% at…
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Solana-based HUND meme coin surges amid ETF hopes and NFT launch
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Solana-based coin HUND has seen huge gains, rising over 17% and gaining a trending spot on Google. At the time of writing, HUND’s price is still up 9%, trading at $0.00942 according to CoinMarketCap data. The crypto asset has also seen a 3.7% increase in its daily trading volume, currently…
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Solana-based HUND meme coin surges amid ETF hopes and NFT launch
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Solana-based coin HUND has seen huge gains, rising over 17% and gaining a trending spot on Google. At the time of writing, HUND’s price is still up 9%, trading at $0.00942 according to CoinMarketCap data. The crypto asset has also seen a 3.7% increase in its daily trading volume, currently…
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A WFH ‘culture war’ has broken out across Europe, with the U.K. leading the charge as the most WFH-friendly country, while France lags behind
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Sometime between March 2020 and the end of 2021, “office workers” ceased to exist. Offices Working from home wasn’t possible, of course, nor was it the kind of work people typically did in offices before the pandemic. But the inherent connection between the two was irrevocably severed, with working from…
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U.S. ISM Manufacturing PMI Contracted At A Faster Pace In June
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Data released by the Institute for Supply Management showed that the US manufacturing sector recorded a contractionary reading of 48.5 points for the month of June. This is lower than the expected reading of 49.2 points and the index number in May of 48.7 points! In fact, the June PMI…