Category: Investing.com
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Dollar slips further ahead of key Fed meeting By Investing.com
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Investing.com – The U.S. dollar fell on Tuesday, trading near its lowest levels this year, amid growing bets that the Federal Reserve will cut interest rates this week, and possibly by a large amount. At 04:40 ET (08:40 GMT), the dollar index, which tracks the greenback against a basket of…
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GGR stock touches 52-week low at $0.83 amid market challenges By Investing.com
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In a challenging market environment, Poema Global Holdings (GGR) stock hit a 52-week low, dropping to $0.83. This significant decline reflects a broader trend for the company, which has seen its stock value decline by 67.68% over the past year. Investors have been cautious as the company navigates a period…
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Will the dollar smile on a 25 bps cut, Morgan Stanley asks By Investing.com
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Investing.com – The U.S. dollar was hit hard by expectations that the Federal Reserve will start its rate-cutting cycle this week with a massive 50 basis point cut, but that raises the possibility of a rebound if a smaller cut occurs, according to Morgan Stanley. The US central bank begins…
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Japan stocks lower at close of trade; Nikkei 225 down 1.03% By Investing.com
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Investing.com – Japanese stocks were lower after the close on Tuesday, as losses in the industrials and services sectors led shares lower. At the end of trading in Tokyo, the Nikkei index fell by 1.03%. The best performers in the session were: to be purchased Sharp Corp (TYO:) rose 4.43%,…
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Napco director Paul Beeber trades company stock worth over $100k By Investing.com
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In a series of recent transactions, Paul Pepper, a director of Napco Security Technologies, Inc. (NASDAQ: ), traded shares of the company, according to a Form 4 filing with the Securities and Exchange Commission. On September 12, Pepper engaged in buying and selling activities that resulted in a net sale.…
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Ginkgo Bioworks executive sells over $1,900 in stock By Investing.com
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According to the latest filings with the U.S. Securities and Exchange Commission, an executive at Ginkgo Bioworks Holdings, Inc. (NYSE: Ginkgo), a leading biotech company, recently conducted a stock transaction. Stephen P. Quinn, the company’s chief accounting officer, sold a total of 316 shares of Class A common stock on…
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Dollar retreats ahead of Fed meeting; Euro, sterling rise By Investing.com
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Investing.com – The U.S. dollar fell on Monday, while the euro and the British pound rose, ahead of the expected start of the Federal Reserve’s interest rate cutting cycle later this week. At 04:35 ET (08:35 GMT), the dollar index, which tracks the greenback against a basket of six other…
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Intel, Pfizer, Trump Media and Target rise premarket; Apple falls By Investing.com
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Investing.com – U.S. stocks rose sharply on Monday, as traders remained cautious ahead of the Federal Reserve’s latest policy meeting. Here are some of the biggest moves in U.S. stocks before the market opens today. Pfizer (NYSE:) shares rose 0.5% after the drugmaker said its experimental drug to combat a…
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Asia FX muted, dollar edges lower as Fed, BOJ meetings loom By Investing.com
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Most Asian currencies were little changed in thin holiday trade on Monday, while the dollar fell as markets awaited a Federal Reserve meeting where the central bank is likely to cut interest rates. Regional trading volumes were thin due to holidays in markets in Japan, China and South Korea. But…
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Israel stocks lower at close of trade; TA 35 down 0.32% By Investing.com
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Investing.com – Israeli stocks were lower after the close on Sunday, as losses in the banking and services sectors led shares lower. At the close in Tel Aviv, the index fell by 0.32%. The best performers in the session were: Ormat Technologies (TASE:), which rose 2.23% or 610.00 points to…
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Which S&P 500 sectors perform best around US Presidential elections? By Investing.com
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The US dollar often faces headwinds during September and October in US presidential election years, but historically sees a rally in November and December, according to Bank of America’s latest market commentary. A Bank of America note released Tuesday pointed to sector performance trends, showing that financials, commodities and utilities…
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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.49% By Investing.com
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Investing.com – Saudi Arabia stocks were higher after Sunday’s close, as gains in the banking and finance sectors led shares higher. At the close in Saudi Arabia, the general market index rose by 0.49%. The best performer of the session was Saudi Fisheries Company (TADAWUL:), which rose 9.93% or 2.29…
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What are the key investor debates surrounding the luxury sector? By Investing.com
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The luxury goods sector is currently facing a series of major discussions among investors, which are influenced by sector performance, consumer behavior, and macroeconomic factors. According to analysts at Morgan Stanley, several key themes emerged that defined investor discussions, centering around demand trends, pricing strategies, regional market dynamics, and operational…
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The US ad market outlook for the rest of 2024 By Investing.com
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The US advertising market is expected to show remarkable strength, with a projected growth rate of 9.4%, up from 4.5% in 2023, according to analysts at Morgan Stanley. This expansion is largely supported by digital media and performance-oriented advertising, which is transforming the landscape by pushing brands towards ultimately measurable…
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What’s the impact of the November US presidential election on Japanese automakers? By Investing.com
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Investing.com – The U.S. presidential election in November has major implications for Japanese automakers, as the candidates’ policies on climate change, trade and regulations will directly impact the industry. Analysts at Citi Research explored how the outcome of the election — whether Donald Trump or Kamala Harris — could reshape…
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CNOOC Limited Successfully Withstands Super Typhoon “Yagi” By Investing.com
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Hong Kong, September 14, 2024 /PR Newswire/ — CNOOC Corporation (NYSE:) Limited Hong Kong Heavy Industries Limited (hereinafter referred to as the “Company”, HKEX: 00883 (HKD counter) and 80883 (RMB counter), HKEX: 600938) announced today that thanks to the Company’s continued focus on safety and environmental protection performance, as well…
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Roots Corporation Q2 2024 sales dip, debt reduction on track By Investing.com
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Roots Corporation (ROOT), a prominent lifestyle brand, reported a slight decrease in sales for the second quarter of 2024 during its Analyst Conference Call on September 13, 2024. Despite the sales dip, the company successfully reduced its net debt and maintained stable adjusted EBITDA losses. CEO Meghan Roach highlighted the…
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SelectQuote sees robust growth in Q4, projects mixed outlook By Investing.com
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SelectQuote Inc. (NYSE:), a leading provider of insurance products, reported a strong performance in its fourth-quarter earnings call for the fiscal year 2024. CEO Tim Danker highlighted significant revenue growth, particularly in the Senior Medicare Advantage and Healthcare Services (NASDAQ:) segments. The company’s revenue and adjusted EBITDA both surpassed expectations,…
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Will Fed rate cuts really be negative for USD/JPY? By Investing.com
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The potential impact of a Fed rate cut on the pair is a critical issue for investors and currency strategists, especially as we approach a potential Fed rate cut in 2024. With the Fed and the Bank of Japan’s divergent monetary policies, market participants are divided on whether interest rate…