Category: Headwinds
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Apple Shares Are Losing Haven Allure as Headwinds Deter Bulls
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(Bloomberg) – For years, investors talked about Apple Inc. As a potential safety port in times of turmoil in the market. This was not removed this time. Most of them read from Bloomberg The iPhone maker fell in the last sessions, where the weak performance of the year expanded to…
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Solana (SOL) Faces Headwinds: Can Bulls Revive Momentum?
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Solana remained stable above $215. SOL price is now recovering from its losses and facing hurdles near the $228 and $332 levels. SOL price started a new increase after testing the $215 area against the US Dollar. The price is now trading below the $225 level and the 100 hourly…
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Zimbabwe’s new currency faces headwinds five months on By Reuters
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By Nyasha Chingonu HARARE (Reuters) – Five months after its launch, Zimbabwe’s new currency is under pressure as foreign reserves are eroded by rising grain imports, putting at risk the government’s plan to make it the sole currency on the market by 2026. Zimbabwe’s gold-backed Zig is the country’s sixth…
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BeautyHealth faces headwinds, focuses on turnaround By Investing.com
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During The Beauty Health Company’s (ticker: SKIN) second quarter 2024 earnings call, CEO Marla Beck provided an overview of the company’s financial performance, highlighting a 23% year-over-year decline in revenue to $91 million, and outlined strategic initiatives to improve business prospects. Despite the downturn, driven by slower device sales and…
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Deutsche Bank Q2 beats estimates, RBC maintains “outperform” despite headwinds By Investing.com
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Investment.com – German Bank DBK (ETR:) reported a positive set of second-quarter results that beat analysts’ expectations for net income and pre-tax earnings, according to a report from RBC Capital Markets. The upbeat performance was driven by strong revenue growth across all business divisions. Strong revenue growth across core businesses:…
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Bitcoin Season Two Proposals Facing Early Headwinds
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If you haven’t been around for a while, it’s hard to fully appreciate how quickly narratives in this industry can change, especially when you’re trying to catch up. Trends get old, memes get boring, and it’s fair to say that this year’s frenzy is currently feeling the pressure of Bitcoin’s…
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Bitcoin Season Two Proposals Facing Early Headwinds
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If you haven’t been around for a while, it’s hard to fully appreciate how quickly narratives in this industry can change, especially when you’re trying to catch up. Trends get old, memes get boring, and it’s fair to say that this year’s frenzy is currently feeling the pressure of Bitcoin’s…
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Ripple’s 150 Million XRP Sale Keeps Price Surpressed Amid Bearish Headwinds
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Ripple once again raised concerns in… XRP community After the recent sale of XRP. This comes in the middle Unimpressive price action for XRPwhich continues to paint a bearish outlook for the cryptocurrency symbol. Ripple sells 150 million tokens Data on the chain Offers The cryptocurrency company offloaded 150 million…
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Ripple’s 150 Million XRP Sale Keeps Price Surpressed Amid Bearish Headwinds
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Ripple once again raised concerns in… XRP community After the recent sale of XRP. This comes in the middle Unimpressive price action for XRPwhich continues to paint a bearish outlook for the cryptocurrency symbol. Ripple sells 150 million tokens Data on the chain Offers The cryptocurrency company offloaded 150 million…
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UBS sees NZD/USD on shaky ground amid economic headwinds By Investing.com
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UBS has expressed caution regarding the New Zealand dollar (NZD), citing a challenging economic outlook and the potential for underperformance against other major currencies. The pair has traded within a range of 0.59 to 0.62 recently, with relatively high interest rates in New Zealand providing some support despite the weakness…
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Flux Power navigates market headwinds, eyes growth By Investing.com
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Flux Power Holdings (FLUX) reported a challenging third quarter for the fiscal year 2024, with revenues declining to $14.5 million from $15.1 million in the same quarter of the previous year. The company faced delays in new orders, primarily due to revised forklift delivery schedules and the broader impact of…