Category: Eyes

  • Ethereum (ETH) Eyes $3,000: Data Suggests Imminent Breakout

    Ethereum is in a classic accumulation phase after the recent correction and is now targeting $3,000. After falling to $2,116 just 20 days ago, Ethereum has seen a significant price surge, recovering to higher levels, indicating increasing bullish momentum. Related reading This accumulation phase has caught the attention of analysts…

  • Bitcoin on Path To Replicate Nasdaq’s 2014 Rally Says Analyst, BTC Price Eyes $120,000 Amount

    Bitcoin is currently in a period of consolidation and disbelief after weeks of violent volatility and uncertainty. This period is followed by a series of corrections and weak consolidations, which often precede significant market movements. Historically, Bitcoin price action tends to build momentum during such phases, paving the way for…

  • Bitcoin on Path To Replicate Nasdaq’s 2014 Rally Says Analyst, BTC Price Eyes $120,000 Amount

    Bitcoin is currently in a period of consolidation and disbelief after weeks of violent volatility and uncertainty. This period is followed by a series of corrections and weak consolidations, which often precede significant market movements. Historically, Bitcoin price action tends to build momentum during such phases, paving the way for…

  • Bullish XRP Analyst Eyes $7.50 If Crypto Breaks Resistance

    XRP price has yet to start an upward trajectory but many cryptocurrency analysts Keep on trending up.Among these analysts is EGRAG Crypto, a well-known figure in the crypto community for his consistently bullish view on XRP. Related reading In a detailed analysis recently published on social media platform X, EGRAG…

  • Hesai Group maintains lead in LiDAR market, eyes profitability By Investing.com

    During its second quarter 2024 earnings conference call, Hesai Group, a leading automotive LiDAR technology company, showcased its robust market position and strategic advancements. The company, which trades under the ticker symbol HSAI, reported significant design wins and partnerships, projecting an optimistic outlook for future profitability and market expansion. Hesai’s…

  • Kenya eyes Agoa trade deal with United States in October

    Kenya has received assurances that Washington will ratify two crucial trade deals before the US presidential election on November 5, the trade ministry told parliament. US lawmakers will approve the extension of the Africa Growth Opportunity Act (AGOA) and the US-Kenya Strategic Trade and Investment Partnership (STIP) agreement, Chief Secretary…

  • Bank of Canada to cut by 25 bps in September and October. Eyes on next week’s CPI

    Bank of Canada Governor Tiff Macklem RBC continues to expect the Bank of Canada to cut rates by 25 basis points on September 4 and again on October 23. The market sees a very small chance of a 50 basis point rate cut at one of these meetings, but this…

  • Mercari reports record-high revenue in FY’24, eyes growth By Investing.com

    Mercari, Inc. (4385.T), the popular online marketplace operator, has reported a record-high consolidated revenue and core operating profit for the fiscal year 2024. CEO Shintaro Yamada and CFO Sayaka Eda shared the company’s financial achievements and strategic outlook, highlighting a 9% year-on-year revenue growth and a core operating profit of…

  • GeoPark reports robust Q2 financials, eyes expansion By Investing.com

    GeoPark Limited (NYSE: NYSE:) has delivered a strong financial performance in the second quarter of 2024, with significant revenue growth and a solid increase in adjusted EBITDA. The company reported a 14% increase in revenue to $190 million and a 15% rise in adjusted EBITDA to $128 million. Despite the…

  • GeoPark reports robust Q2 financials, eyes expansion By Investing.com

    GeoPark Limited (NYSE: NYSE:) has delivered a strong financial performance in the second quarter of 2024, with significant revenue growth and a solid increase in adjusted EBITDA. The company reported a 14% increase in revenue to $190 million and a 15% rise in adjusted EBITDA to $128 million. Despite the…

  • Fed’s Bowman: Cautious on rate cuts, eyes upside inflation risks

    “I am not confident that inflation will come down in the same way it did in the second half of last year.” Inflation remains ‘uncomfortably above’ 2% target Labor market shows signs of slowing, but uncertainty remains Inflationary risks remain, including housing and geopolitical factors. Calls for patience in making…

  • Shein eyes UK warehouse as it prepares for £50bn London stock market debut

    Chinese fashion giant Shein is set to open its first warehouse in Britain as part of its preparations for a massive £50bn listing on the London Stock Exchange. The company, now headquartered in Singapore, is focusing its research on the “Golden Logistics Triangle” in the Midlands, a key region known…

  • Banking in the eyes of NextGen client

    In the early 2000s, paying college tuition required going to the bank to deposit cash. Now, much later, banking has changed dramatically, and the future of money is in our hands. Modern consumers can easily transfer money from their bank accounts to mobile wallets using basic or premium phones, while…

  • XRP Faces Bearish Pressure After Crashing Critical Support, Eyes $0.4663

    XRP price has recently seen significant bearish momentum, breaking through a crucial support level at $0.5724. With the cryptocurrency breaking through the key support level, it signals a major shift in the market. feelingsraising concerns that the downward trend could continue. This breakout suggests that selling pressure is building up…

  • Mistras Group posts strong Q2 growth, eyes cash flow improvement By Investing.com

    Mistras Group (NYSE: NYSE:) reported a significant increase in financial performance for the second quarter of 2024, with notable revenue growth and a substantial rise in adjusted EBITDA. The company’s Aerospace and Defense segment experienced robust double-digit growth, contributing to the overall positive results. Despite these gains, Mistras Group acknowledged…

  • BNB Eyes $605 After Breaking Key Resistance

    BNP Bitcoin price has shown significant bullish momentum, with a positive candlestick crossing the 100-day simple moving average (SMA) on the 4-hour timeframe. The previous market scenario reveals that the cryptocurrency faced multiple rejections at the $572 level. This ongoing resistance has paved the way for bulls to take over…

  • Japanese crypto exchange Bitbank eyes IPO on Tokyo Stock Exchange

    Cryptocurrency exchange Bitbank is preparing for an initial public offering on the Tokyo Stock Exchange, becoming the second Japanese crypto exchange to seek regulatory approval for an IPO. Bitbank Inc., a Japanese cryptocurrency exchange, is looking to go public as part of its strategy to expand its market presence and…

  • Japanese crypto exchange Bitbank eyes IPO on Tokyo Stock Exchange

    Cryptocurrency exchange Bitbank is preparing for an initial public offering on the Tokyo Stock Exchange, becoming the second Japanese crypto exchange to seek regulatory approval for an IPO. Bitbank Inc., a Japanese cryptocurrency exchange, is looking to go public as part of its strategy to expand its market presence and…

  • India’s Adani Enterprises eyes first-ever public debt issue in coming weeks, sources say By Reuters

    By Bhakti Tambe MUMBAI (Reuters) – India’s Adani Enterprises, the flagship of the Adani group, plans to launch its first-ever public bond issue in the coming weeks to raise up to 6 billion rupees ($71.7 million), people familiar with the matter said on Tuesday. “The company has already filed a…

  • Wall Street eyes Instacart’s market trajectory By Investing.com

    In the dynamic online grocery sector, Maple Bear Inc., trading under the symbol EXCHANGE:CART, continues to attract the attention of Wall Street analysts. The company’s recent performance and strategic initiatives have led to updated forecasts and price targets from financial experts, reflecting confidence in its growth trajectory and market position.…