Category: Investing.com
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China EV – What are investors focused on? By Investing.com
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Investing.com – After China’s electric vehicle sector weathered a tough period, investor sentiment is shifting. As the industry enters its traditional peak season, there is a renewed sense of optimism driven by a combination of macroeconomic factors, emerging industry trends, and strategic moves made by key players. “Market sentiment showed…
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International Seaways executive sells $49,750 in stock By Investing.com
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According to the latest filings with the U.S. Securities and Exchange Commission, Solon Derek Gee, senior vice president of International Seaways, Inc. (NYSE: ), recently sold shares of the company’s stock. The deal, which took place on September 12, involved the sale of 1,000 shares at $49.7503 per share, for…
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Portugal stocks higher at close of trade; PSI up 0.68% By Investing.com
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Investing.com – Portuguese stocks were higher after Friday’s close, as gains in the banking and financial services sectors led shares higher. The Nikkei index rose 0.68% at the close in Lisbon, hitting its highest level in a month. The session’s top performer was Jeronimo Martins SGPS SA (ELI:), which rose…
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Portugal stocks higher at close of trade; PSI up 0.68% By Investing.com
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Investing.com – Portuguese stocks were higher after Friday’s close, as gains in the banking and financial services sectors led shares higher. The Nikkei index rose 0.68% at the close in Lisbon, hitting its highest level in a month. The session’s top performer was Jeronimo Martins SGPS SA (ELI:), which rose…
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US stocks open higher with Fed interest rate cuts in focus By Investing.com
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U.S. stocks rose at the open on Friday, as investors clung to expectations of lower interest rates ahead of a Federal Reserve meeting that could herald a broader easing cycle. Wall Street largely shrugged off some strong readings on consumer and product inflation this week, with technology stocks rising, buoyed…
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CLSA bullish on NuScale stock as nuclear tech gains traction By Investing.com
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CLSA on Friday initiated coverage of shares of NuScale Power Corporation (NYSE:SMR), a leading developer of advanced nuclear reactors, with an Outperform rating and a price target of $11.00. The company noted that while NuScale is expected to operate at a loss for several years, the company’s prospects are supported…
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Asia FX firms with yen near 8-mth high; dollar down on rate cut bets By Investing.com
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Asian currencies rose on Friday, while the dollar fell as markets bet the Federal Reserve will begin an easing cycle starting next week, with the focus squarely on the scope of a potential interest rate cut. The Japanese yen was the best performer among its Asian counterparts, approaching its strongest…
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INTRODUCING REDBREAST 18 YEAR OLD By Investing.com
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This award-winning 18 Year Old is the first new permanent addition to the Redbreast family in four years and offers a unique twist on Redbreast with the addition of creamy sherry casks in the aging process. New York, September 12, 2024 /PRNewswire/ — Red Chest, Ireland Redbreast 18 Year Old,…
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DouYu reported total net revenues decreasing by 25.9% By Investing.com
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DouYu International Holdings Limited (NASDAQ: NASDAQ:) faced a challenging second quarter in 2024, with total net revenues decreasing by 25.9% year-over-year to RMB1.03 billion. The company, which specializes in game-centric live streaming, attributed the revenue decline to stiff competition from short video platforms and a downturn in the macroeconomic environment.…
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Manchester United brand remains strong despite recent financial losses: Jefferies By Investing.com
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Investing.com – Despite recent financial challenges, Manchester United Liverpool Football Club (London:) (NYSE:)’s brand remains resilient and strong. According to analysts at Jefferies, the club’s global recognition and extensive fan base remain the key drivers of its strength, even amid declining financial performance and rising operating costs. Manchester United have…
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Asia FX muted, dollar strong as sticky CPI fuels bets on smaller rate cut By Investing.com
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Most Asian currencies moved in a flat-to-low range on Thursday, while the dollar strengthened after a strong reading on U.S. consumer inflation dashed hopes that the Federal Reserve would cut interest rates by a large margin. Weak inflation data from Japan weighed on the yen, pushing the currency back from…
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Viridian Therapeutics Announces Pricing of Upsized Public Offering of Shares of Common Stock and Preferred Stock By Investing.com
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WALTHAM, Mass.–(BUSINESS WIRE)– Viridian Therapeutics (Nasdaq: VRDN), a biotechnology company focused on discovering and developing potential best-in-class medicines for the treatment of serious and rare diseases, today announced the pricing of an underwritten public offering of shares of its common stock and, in lieu of common stock for certain investors,…
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Tyler Technologies CFO sells over $1.46 million in company stock By Investing.com
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In a recent move, Brian K. Miller, Executive Vice President and Chief Financial Officer of Tyler Technology Inc. Miller Inc. (NYSE:) sold a large amount of the company’s stock. According to the latest filing, Miller sold a total of 2,500 shares at an average price of $585.57 to $587.54, bringing…
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Oppenheimer sees more favorable setup for consumer staples stocks By Investing.com
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Oppenheimer analysts see a more favorable setup for consumer staples stocks as the market anticipates a rate cut from the Federal Reserve. “Fed easing has historically been positive for consumer staples stocks, and the group has generally outperformed during periods of low 10-year Treasury yields,” Oppenheimer wrote. Their analysis shows…
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BCA Research predicts US dollar rebound amid global trade worries By Investing.com
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BCA Research provides insights into expected monetary policy actions by central banks in China and the United States. The research firm expects Chinese authorities to cut interest rates on existing mortgage loans, while the Federal Reserve is expected to begin a monetary easing cycle. According to BCA Research, a 100…
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GameStop slumps premarket after video game retailer says it will issue new shares By Investing.com
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GameStop (NYSE:) shares fell more than 9% in premarket trading in the United States after the video game retailer said it would issue more shares despite reporting a decline in second-quarter revenue. The company, which became known as a focal point of the “meme stock” craze at the start of…
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Taiwan stocks lower at close of trade; Taiwan Weighted down 0.38% By Investing.com
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Investing.com – Taiwan stocks were lower after the close on Wednesday, as losses in the Industrials and Services sectors led shares lower. At the close in Taiwan, the STOXX 500 index fell 0.38% to its lowest level in a month. The session’s top performer was Meiloon Industrial Co Ltd (TW:),…
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Asia FX firms, yen at 8-mth peak as dollar retreats after presidential debate By Investing.com
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Most Asian currencies rose on Wednesday as the dollar weakened in the wake of a heated U.S. presidential debate, with focus shifting to key inflation data due later in the day. The Japanese yen was among the biggest beneficiaries of the trade, with safe-haven demand after the discussion sending the…
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US stock futures inch lower with CPI data, Harris-Trump debate on tap By Investing.com
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U.S. stock index futures were slightly lower in overnight trading Tuesday as focus shifted squarely to the upcoming inflation reading that is likely to weigh on interest rate cut expectations. Eyes also focused on the first debate between Vice President Kamala Harris and former President Donald Trump, who are set…