Category: gains
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HMRC gains only £14.4m in extra tax from insolvencies since regaining preferential creditor status
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HMRC has collected an extra £14.4m in tax from insolvency cases over the two tax years to 2023 since regaining its “preferential creditor” status. The preferential status known as “coronavirus preference” was reinstated for HMRC in December 2020, giving it priority in recovering tax owed from insolvent businesses ahead of…
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XRP Skyrockets 40% As Speculation Of Ripple-SEC Settlement Gains Momentum
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XRP, at the center of a high-stakes legal battle with major implications for the industry, has taken the lead in the recent surge in cryptocurrency prices amid growing speculation that Ripple, the blockchain payments company behind XRP, may be close to Colony With US regulators. Legal dispute between Ripple and…
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Dollar slips, while yen soars on intervention talk, sterling gains after UK CPI By Investing.com
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Investing.com – The U.S. dollar fell to multi-month lows on Wednesday, while the Japanese yen rose sharply and sterling climbed to a one-year high after better-than-expected U.K. inflation data. At 05:40 ET (09:40 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down…
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S&P 500, Dow surge to record highs as blue chip index gains over 700 points
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Investors are confident that the Federal Reserve will cut interest rates by the end of its meeting in September. As of Tuesday morning, markets were pricing in a 100% chance of a rate cut in September, According to CME FedWatch TooNo, up from 70% a month ago. The increased confidence…
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US retail sales gains more attention as Japan eyes big data to intervene
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The latest yen intervention effort is an out-of-the-ordinary move as Japan appears to be trying out a new strategy. It is relying on weaker US data to push the USD/JPY pair down in particular. Previous: Bank of Japan data suggests Japan also intervened in the foreign exchange market on July…
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Bitfinex expects news-driven Bitcoin gains, but warns of potential selling pressure
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The start of the week saw Bitcoin rise above $63,000, but analysts at Bitfinex warn that the market could face a correction as the week progresses. Bitcoin has gained 5% in the past 24 hours and 13% over the past week. The gains came amid a combination of factors including…
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Dollar sees safe-haven gains; sliding yen stays on intervention watch By Reuters
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Written by Ray Wee SINGAPORE (Reuters) – The dollar rose on Monday amid safe-haven demand following the assassination attempt on former U.S. President Donald Trump, leaving the yen struggling to survive despite suspected intervention efforts by Tokyo. Trading was thin in Asia due to a holiday in Japan, although news…
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XRP Resilience Sparks Further Gains As Price Surpasses $0.466 Level
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My name is Godspur Oye, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the way of life. My parents are the backbone of my story. They have always…
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Dollar slips ahead of CPI release; pound gains after GDP strength By Investing.com
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Investing.com – The U.S. dollar was lower in early European trade on Thursday ahead of a key inflation report later in the session, while strong growth data boosted the British pound. At 04:00 ET (09:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies,…
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WATER memecoin gains recede after Ronaldinho’s promo
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Solana-based cryptocurrency WATER saw a brief spike in value after a football icon promoted the project on social media, before falling back to levels seen on Monday. On Tuesday, former Brazilian soccer star Ronaldinho Gaucho promoted the Water (WATER) charity coin on Instagram. Ronaldinho is the second sports legend to…
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WATER memecoin gains recede after Ronaldinho’s promo
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Solana-based cryptocurrency WATER saw a brief spike in value after a football icon promoted the project on social media, before falling back to levels seen on Monday. On Tuesday, former Brazilian soccer star Ronaldinho Gaucho promoted the Water (WATER) charity coin on Instagram. Ronaldinho is the second sports legend to…
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Tesla stock notches 10th consecutive day of gains as investors eye growth potential
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Tesla (TSLA) stock closed up about 4% on Tuesday, posting gains for the 10th straight day. The positive moves mean Tesla has erased all of its losses since the start of the year, with the stock up about 5% year-to-date. Shares are up about 75% since hitting a 52-week low…
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US stocks mostly higher; tech sector gains ahead of Powell’s testimony By Investing.com
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U.S. stocks rose slightly on Tuesday as growing expectations of a September interest rate cut kept the technology sector strong ahead of testimony from Federal Reserve Chairman Jerome Powell. The Nasdaq Composite Index was down 40 points, or 0.1%, at 09:35 ET (13:35 GMT), while the Dow Jones Industrial Average…
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US stocks mostly higher; tech sector gains ahead of Powell’s testimony By Investing.com
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U.S. stocks rose slightly on Tuesday as growing expectations of a September interest rate cut kept the technology sector strong ahead of testimony from Federal Reserve Chairman Jerome Powell. The Nasdaq Composite Index was down 40 points, or 0.1%, at 09:35 ET (13:35 GMT), while the Dow Jones Industrial Average…
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ReShape stock gains on all-stock merger deal (NASDAQ:RSLS)
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Maxim Labkowski ReShape Lifesciences Inc. SharesNASDAQ:RSLSShares of Philips Medical Devices Inc. rose in early trading Tuesday after the medical device maker reached a merger agreement to combine with specialty drugmaker Vyome Therapeutics in an all-stock deal. Under the terms of the deal, ReShape (RSLS) is currentlyShareholders will own approximately 11.1%…
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ReShape stock gains on all-stock merger deal (NASDAQ:RSLS)
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Maxim Labkowski ReShape Lifesciences Inc. SharesNASDAQ:RSLSShares of Philips Medical Devices Inc. rose in early trading Tuesday after the medical device maker reached a merger agreement to combine with specialty drugmaker Vyome Therapeutics in an all-stock deal. Under the terms of the deal, ReShape (RSLS) is currentlyShareholders will own approximately 11.1%…
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Dollar gains ahead of Powell testimony; euro stabilizes By Investing.com
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The U.S. dollar rose in early European trading on Tuesday, recovering from a one-month low ahead of Federal Reserve Chairman Jerome Powell’s Senate testimony, while the euro held firm amid a volatile French political climate. At 04:45 ET (08:45 GMT), the dollar index, which tracks the greenback against a basket…
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Dollar stabilizes ahead of key inflation data; euro gains By Investing.com
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Investing.com – The U.S. dollar was steady in early European trade on Monday ahead of key inflation data, while the euro rose as traders digested the results of the French parliamentary election. At 04:25 ET (09:25 GMT), the dollar index, which tracks the greenback against a basket of six other…
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WienerAI gains investor traction as it hits $7M in presale
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. WienerAI, a popular cryptocurrency, has raised over $7 million in just three months. It features an AI bot to gain insights into cryptocurrencies. A new trending meme is called Winner…
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Dollar slips ahead of payrolls; sterling gains post election By Investing.com
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The US dollar fell in early European trading on Friday ahead of a key monthly jobs report, while the British pound rose after the UK general election result. At 03:55 ET (07:55 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.4%…