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Category: reiterates

  • Nordson reiterates stock target with Buy rating on long-term growth potential By Investing.com

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    Investor Empires

    On Monday, DA Davidson reiterated a Buy rating on Nordson (NASDAQ:) stock with a price target of $295.00. Following Nordson’s investor day in New York City on Sunday, the company expressed continued confidence in the company’s long-term growth potential. The event reviewed Nordson’s growth drivers, its technologies and the progress…

  • Go big or go small? JP Morgan reiterates its call for 50 basis point cut next week.

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    Investor Empires

    Cut or not cut 50 basis points. As the Federal Reserve’s September meeting approaches, JPMorgan reiterated its call for a 50 basis point rate cut, scheduled for Wednesday at 2 p.m. ET. Following Nick Timiraos’s article highlighting the Fed’s predicament, market odds have shifted from 80-20 to a roughly even…

  • Donald Trump Reiterates Support For Crypto, Pledges To Fire Gary Gensler On Day 1

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    Investor Empires

    Former US President and Republican presidential candidate Donald Trump has reiterated his unwavering support for the cryptocurrency industry. Speaking at a Bitcoin conference in Nashville, Tennessee, the billionaire and former Bitcoin critic outlined several crypto adoption plans he intends to implement in office if elected, some of which include major…

  • Donald Trump Reiterates Support For Crypto, Pledges To Fire Gary Gensler On Day 1

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    Investor Empires

    Former US President and Republican presidential candidate Donald Trump has reiterated his unwavering support for the cryptocurrency industry. Speaking at a Bitcoin conference in Nashville, Tennessee, the billionaire and former Bitcoin critic outlined several crypto adoption plans he intends to implement in office if elected, some of which include major…

  • Senator Cynthia Lummis Reiterates Support For Bitcoin As US Reserve Asset

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    Investor Empires

    Once again, prominent cryptocurrency advocate and US Senator Cynthia Lummis has called for Bitcoin to be adopted as a reserve asset by the US government. Lummis’ latest show of support for Bitcoin adoption comes as the senator has also opposed the creation of a central bank digital currency (CBDC) for…

  • CleanSpark’s acquisition of GRIID reiterates CLSK as a Buy

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    Investor Empires

    Analysts at HC Wainright believe CleanSpark’s latest acquisition is bullish, anticipating the potential for the price to rise to $27. On Thursday, CleanSpark (Klask) has entered into a definitive agreement to acquire GRIID Infrastructure (ugly) in an all-stock deal valued at $155 million. Final terms are still pending, but HC…

  • Japan warns against rapid FX moves, reiterates readiness for action By Reuters

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    Investor Empires

    Written by Makiko Yamazaki and Yoshifumi Takemoto TOKYO (Reuters) – Japan is always ready to take action against excessive market moves, Tokyo’s chief currency diplomat Masato Kanda said on Monday, as the yen fell to nearly 160 yen to the dollar, sparking market caution about the possibility of new intervention.…

  • FOMC Holds Rates Steady, Reiterates ‘Lack of Progress’ on Inflation

    FOMC Holds Rates Steady, Reiterates ‘Lack of Progress’ on Inflation

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    bitlyfool

    As expected, the Federal Open Market Committee (FOMC) kept interest rates unchanged at 5.25-5.50% during its May meeting. However, US central bank officials agreed to slow the pace of reducing bond holdings on their balance sheet, leading to a slight easing of monetary policy. The Federal Open Market Committee kept…