Category: Investing.com

  • Dollar stabilizes after sharp rebound; Fed officials in focus By Investing.com

    Investing.com – The US dollar fell on Thursday, holding on after a sharp rebound overnight ahead of more speeches from key policymakers at the Federal Reserve. At 04:40 EDT (08:40 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, fell 0.1% to 100.565, after…

  • EF Hutton maintains price target on Enlivex after trial advancement By Investing.com

    EF Hutton has affirmed its Buy rating on shares of Enlivex Therapeutics (NASDAQ: ), with a $13.00 price target. The firm’s stance comes in light of Enlivex’s recent announcement regarding the progress of its clinical trial for knee osteoarthritis. The Danish Medicines Agency has granted the company permission to start…

  • Citi shares its USD/JPY price forecast for 2025 By Investing.com

    Investing.com – Citi has updated its Q3 2020 outlook, providing insights into the pair’s medium- and long-term trajectory. The bank’s strategists assert that the recent decline in the yen’s value is largely driven by a backward-looking narrative linked to Japan’s digital account deficit. However, they point out that this narrative…

  • China’s stimulus measures were “bigger guns, but no bazooka,” Barclays says By Investing.com

    Investing.com – China’s move to roll out new stimulus measures helped lift investor sentiment, but analysts at Barclays said more support is needed to sustain the rally. Earlier this week, Beijing unveiled a raft of new policies aimed at supporting China’s struggling economy and ailing housing sector, including lowering interest…

  • Asia FX firms as dollar steadies before Powell, inflation cues By Investing.com

    Most Asian currencies rose on Thursday while the dollar held steady ahead of further signals on interest rates, particularly from Federal Reserve Chairman Jerome Powell’s speech later in the day. The Chinese yuan extended gains after hitting a 16-month high as traders took comfort from Beijing’s stimulus measures earlier this…

  • InfuSystem director Kenneth Eichenbaum buys $23,560 in company stock By Investing.com

    InfuSystem Holdings, Inc. (NYSE:INFU) CEO Kenneth D. Eichenbaum recently made a notable investment in the company’s stock. On September 23, Eichenbaum bought 4,000 shares of InfuSystem common stock, investing a total of $23,560 at an average price of $5.89 per share. The deal was made public and represents a vote…

  • PayPal expands crypto services for US business accounts By Investing.com

    SAN JOSE — PayPal Holdings, Inc. (Nasdaq: PYPL) today unveiled a new feature for U.S. business account holders that will allow them to buy, hold and sell various cryptocurrencies. The move is part of the company’s broader efforts to boost the utility of digital currencies. However, the service will initially…

  • Smartsheet stock sees target raised by RBC Capital, acquisition by Blackstone and Vista valued at $8.4B By Investing.com

    On Wednesday, RBC Capital revised its price target to Smart Sheet Company (NYSE: NYSE: ) stock, raising it to $56.50 from a previous target of $51.00. The firm maintained a sector perform rating on the stock. The revision comes on the heels of Smartsheet’s announcement that it has entered into…

  • Dollar continues to fall; euro near multi-month high By Investing.com

    Investing.com – The U.S. dollar fell on Wednesday, adding to losses from the previous session, as the euro benefited despite signs of economic weakness in the euro zone. At 04:00 ET (09:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.1%…

  • Asia FX ticks higher, yuan hits 16-mth high on China stimulus cheer By Investing.com

    Most Asian currencies rose slightly on Wednesday as the dollar was hurt by continued bets on interest rate cuts, while China’s yuan hit a 16-month high on optimism about more stimulus measures. The Australian and New Zealand dollars made strong gains thanks to their exposure to China, while the Japanese…

  • Omni Retail Enterprises sells shares in Wilhelmina International worth over $114k By Investing.com

    In a recent move that caught the attention of the market, Omni Retail Enterprises, LLC, a major shareholder in Wilhelmina International, Inc. (NASDAQ:WHLM), sold a large number of shares of the company. The transactions, which took place on September 20 and September 24, involved the sale of shares at prices…

  • NextGen Food Robotics Corp. Provides Bi-Weekly MCTO Status Update By Investing.com

    VANCOUVER, British Columbia, Sept. 24, 2024 (GLOBE NEWSWIRE) — NextGen Food Robotics Corp. (NYSE:NEXTGEN) announced a company) (CBOE: NGRB; OTC Pink: NGRBF; Frankfurt: O83) provides an update in accordance with National Policy 12-203 – Administrative Stop Trading Orders (“NB 12-203“). On August 13, 2024, the Company announced that it had…

  • NextGen Food Robotics Corp. Provides Bi-Weekly MCTO Status Update By Investing.com

    VANCOUVER, British Columbia, Sept. 24, 2024 (GLOBE NEWSWIRE) — NextGen Food Robotics Corp. (NYSE:NEXTGEN) announced a company) (CBOE: NGRB; OTC Pink: NGRBF; Frankfurt: O83) provides an update in accordance with National Policy 12-203 – Administrative Stop Trading Orders (“NB 12-203“). On August 13, 2024, the Company announced that it had…

  • yuan boosted by China stimulus cheer, Aussie rises before RBA By Investing.com

    Most Asian currencies rose on Tuesday as China’s yuan was supported by Beijing’s announcement of more stimulus measures, while the Australian dollar rose in anticipation of hawkish signals from the Reserve Bank. The weakness in the US dollar helped regional markets, as the greenback remained weak after the Federal Reserve…

  • Saba Capital Management buys BlackRock innovation & growth shares worth $892k By Investing.com

    Saba Capital Management, LP, a major shareholder in BlackRock (NYSE:) Innovation & Growth Term Trust (NYSE:BIGZ), recently increased its stake in the company by purchasing shares for an approximate value of $892,781. The transaction occurred on September 23, 2024, and involved the acquisition of 118,879 shares at a price of…

  • What does a dovish Fed mean for Asia FX? Goldman Sachs answers By Investing.com

    Goldman Sachs said the U.S. Federal Reserve’s first rate cut in more than four years has eased market fears of a recession, with improved risk appetite likely to boost interest-rate-sensitive Asian currencies. GS said in a recent note that it expects many emerging market currencies in Asia to outperform, while…

  • Adjust Unveils Multi-Platform Deep Linking Solution for Mobile App Marketers To Drive In-App Engagement By Investing.com

    TrueLink’s powerful deep linking technology directs users to personalized in-app content from any platform or environment. SAN FRANCISCO–(BUSINESS WIRE)–Adjust, a leading measurement and analytics company, today unveiled TrueLink, a solution for mobile app marketers to create personalized, branded linking experiences that drive in-app engagement across multiple platforms and environments, including…

  • NewtekOne CEO Barry Sloane buys $471k in company stock By Investing.com

    According to a recent filing with the U.S. Securities and Exchange Commission, Barry Sloan, Chairman and CEO of NewTech One, Inc. (NASDAQ:NEWT), a national commercial banking company, purchased additional shares of the company’s common stock. The series of transactions, which took place on September 23, 2024, involved Sloan purchasing a…

  • Citi doubles down on bearish EUR/USD stance By Investing.com

    Investing.com – Citigroup Inc. reinforced its bearish stance, citing recent disappointing European economic activity data. Data released earlier this week showed that business activity in the eurozone contracted sharply this month. The preliminary HCOB business confidence index, compiled by S&P Global, fell to 48.9 this month from 51.0 in August,…

  • Dollar stabilizes, euro rebounds after selloff By Investing.com

    Investing.com – The U.S. dollar was steady on Tuesday, while the euro tried to recover from the previous session’s heavy losses. At 04:00 ET (08:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was steady at 100.575, just above its lowest level in…