Category: maintains

  • Deutsche Bank Q2 beats estimates, RBC maintains “outperform” despite headwinds By Investing.com

    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:…

  • Citi maintains buy on Micron stock, eyes Samsung move By Investing.com

    On Monday, Citi reiterated its buy rating on Micron Technology (NASDAQ:) with a $175.00 price target. The firm expressed concerns that the stock could face short-term pressure. The focal point of these concerns is the expectation that Samsung (KS:) will qualify for its high rating. Bandwidth (NASDAQ:) Memory (HBM) with…

  • UBS maintains EUR/USD longer-term target at 1.0500 post French election By Investing.com

    UBS kept its long-term target for the exchange rate at 1.0500, following the French parliamentary elections, citing weakness in the far-right National Rally party and a strong showing by President Emmanuel Macron’s centrist party. Despite the uncertainty surrounding the formation and composition of the new French government, UBS highlighted that…

  • Piper Sandler maintains Renasant shares target post insurance subsidiary sale By Investing.com

    On Wednesday, Piper Sandler maintained a neutral rating. Renasant Company (NYSE:NYSE:) with a fixed price target of $33.00. This comes on the heels of Renasant’s recent announcement of the sale of its insurance subsidiary. On July 2, 2024, Renasant Corp. announced the completion of the sale of Renasant Insurance, Inc.…

  • Southern Co. maintains stock target, Sector Outperform on new CTES system By Investing.com

    On Tuesday, Scotiabank reiterated its outperform rating on Southern Company (NYSE: ), with a $77.00 price target on the stock. The confirmation comes after a meeting with the company’s Advanced Power Systems R&D team, which unveiled a new concrete thermal energy storage (CTES) system at Alabama Power’s Gaston plant. The…

  • Shiba Inu (SHIB) Explodes 15% Daily, Bitcoin (BTC) Maintains $68K (Market Watch)

    The price of Bitcoin has been on a wild ride in the past few days, first heading north to over $70,000 before falling to $67,000 the next day. Altcoins have recovered some of yesterday’s losses, with most of them turning green. SHIB and WIF lead the pack in the coin…

  • These Are This Week’s Top Performers as Bitcoin (BTC) Price Maintains $69K (Weekend Watch)

    Bitcoin, along with the rest of the market, had a very beneficial week driven by the hype and actual approval of Ethereum ETFs in the US. The weekly gauge shows that UNI, PEPE, LDO, and ETH are among the leaders in terms of gains from the largest altcoins. BTC weekly…

  • ETH Maintains $3.8K Price Ahead of SEC ETF Decision, BTC Slips Below $70K (Market Watch)

    Bitcoin price action has calmed over the past day after rising to $72,000, and the asset has lost some ground since yesterday, as it currently sits below $70,000. Ethereum continues to present a strong front as anticipation grows for today’s SEC decision regarding an ETH ETF. BTC slides below $70,000…

  • ETH Maintains $3.8K Price Ahead of SEC ETF Decision, BTC Slips Below $70K (Market Watch)

    Bitcoin price action has calmed over the past day after rising to $72,000, and the asset has lost some ground since yesterday, as it currently sits below $70,000. Ethereum continues to present a strong front as anticipation grows for today’s SEC decision regarding an ETH ETF. BTC slides below $70,000…

  • UBS maintains key G10 currency views, sees USD strength By Investing.com

    UBS released a report on the current foreign exchange environment, maintaining its key views on the G10 currency and forecasting continued US dollar strength. The company stressed that although the markets are reducing the range of divergence in priced policies, there is no compelling reason to change its expectations. Equities…

  • Adecoagro maintains stability amid market shifts By Investing.com

    Adecoagro (AGRO), a leading agricultural company, reported its first-quarter 2024 results with a consolidated adjusted EBITDA of $90 million, holding steady compared to the previous year. Despite a decline in sugar prices affecting its sugar, ethanol, and energy segment’s year-over-year EBITDA, the company’s farming operations saw a significant recovery in…

  • AMD shares gain on cloud adoption, Citi maintains $176 target By Investing.com

    On Friday, Citi maintained a Buy rating and $176.00 price target on Advanced Micro Devices, Inc. (NASDAQ:). The company’s positive stance comes on the heels of a recent development where Microsoft (NASDAQ:) announced that it will integrate AMD’s MI300 AI chips into its cloud offerings, a move that also includes…

  • India’s SEBI Embraces Crypto Oversight, While RBI Maintains Cautious Stance

    The Indian financial landscape is currently at a crossroads Securities and Exchange Board of India (SEBI) And the Reserve Bank of India (RBI) In disagreement over the future of cryptocurrency trading. While SEBI is adopting oversight of cryptocurrencies, the Reserve Bank of India is adopting a more cautious stance, wary…

  • India’s SEBI Embraces Crypto Oversight, While RBI Maintains Cautious Stance

    The Indian financial landscape is currently at a crossroads Securities and Exchange Board of India (SEBI) And the Reserve Bank of India (RBI) In disagreement over the future of cryptocurrency trading. While SEBI is adopting oversight of cryptocurrencies, the Reserve Bank of India is adopting a more cautious stance, wary…

  • LINK Explodes 18% Daily, BTC Maintains $66K as Bitcoin ETF Inflows Continue (Market Watch)

    Bitcoin reached a multi-week high yesterday at around $66,600 before being pushed down by around $1,000 but has recovered to the $66,000 level so far. Several altcoins continued their recent rally, with LINK taking the main stage after a massive 18% rally. BTC returns to $66,000 The underlying cryptocurrency had…

  • LINK Explodes 18% Daily, BTC Maintains $66K as Bitcoin ETF Inflows Continue (Market Watch)

    Bitcoin reached a multi-week high yesterday at around $66,600 before being pushed down by around $1,000 but has recovered to the $66,000 level so far. Several altcoins continued their recent rally, with LINK taking the main stage after a massive 18% rally. BTC returns to $66,000 The underlying cryptocurrency had…

  • UBS maintains RBA rate cut forecast, weighs in on AUD/USD By Investing.com

    UBS on Thursday provided insight into Australian Federal Treasurer Jim Chalmers’ third budget announcement, which announced a second successive surplus of A$9.3 billion. Despite this positive result, UBS highlighted a projected deficit of A$28.3 billion for the 2024-25 financial year, a wider figure than the Treasury’s previous forecast. The company…

  • Sam Bankman-Fried Maintains Innocence While Subsisting On Rice And Beans In Prison

    Sam Bankman-Fried (SBF), a once-respected prodigy in the cryptocurrency world, has traded his penthouse apartment for prison housing. After being convicted of masterminding a multi-billion-dollar fraud at FTX, Bankman-Fried faces a harsh reality far from his former comfortable life. SBF lives on rice and retro games Recent interview Conducted within…

  • Sam Bankman-Fried Maintains Innocence While Subsisting On Rice And Beans In Prison

    Sam Bankman-Fried (SBF), a once-respected prodigy in the cryptocurrency world, has traded his penthouse apartment for prison housing. After being convicted of masterminding a multi-billion-dollar fraud at FTX, Bankman-Fried faces a harsh reality far from his former comfortable life. SBF lives on rice and retro games Recent interview Conducted within…

  • Safaricom maintains dividend as profit hits Sh63bn

    Safaricom maintained a dividend of Sh1.20 per share at Sh48.08 billion after net profit grew by 1.2 percent to Sh62.99 billion. The telecom company announced on Thursday that its board of directors has recommended a final dividend of Sh0.65 per share amounting to Sh26.04 billion to be in addition to…