Category: rises
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Plug Power rises to top industrial gainer of week, while IES Holdings dips
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audioundwerbung/iStock via Getty Images Selected Industrial Sector (XLI) declined-0.28%) for the week ending May 17 after gaining for three straight weeks, while the SPDR S&P 500 Trust ETF (SPY) rose (+1.65%) Climb four weeks on the trot. Year-to-date, or since the beginning of the year, XLI has risen +9.95% SPY…
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Asia FX rises as CPI data dents dollar, puts rate cuts in focus By Investing.com
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Investing.com — Most Asian currencies rose on Thursday after some weak U.S. consumer inflation readings pushed the dollar to a one-month low and saw traders increase their bets on a September interest rate cut. But gains in some regional units were held back by a combination of weak economic data…
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Commerzbank rises on decade-high quarterly earnings
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Commerzbank AG raised its lending income forecast this year after recording its best quarterly profit in more than 10 years. The German lender generated net income of 747 million euros ($808 million) in the three months through March, beating analysts’ consensus of 656 million euros, Commerzbank said in a statement…
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Ibotta stock rises as Goldman Sachs, Citi assume coverage By Investing.com
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Goldman Sachs analysts initiated coverage of Ibotta (IBTA) with a Neutral rating and a 12-month price target of $103, saying they see the stock “positively benefiting from a number of long-term secular growth themes within our sector in both countries.” Digital and grocery advertising. “In the current market environment, we…
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Equity Group net profit rises by a quarter in Q1 to Sh15bn
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Equity Group Holdings reported a 25.1 percent growth in net profit for the first three months to March to Sh15.3 billion from Sh12.3 billion in the corresponding period a year earlier. The increase in profits is due to the increase in income during this period, as the bank grew its…
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Dogecoin, Dogwifhat prices soaring; KangaMoon hype rises in the meme coin space
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. As Dogecoin and DogeWave continue to show green price charts, many traders are increasingly interested in pre-selling KangaMoon. The coin market has seen growth recently. Dogecoin (DOGE) and DogeFat…
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Japanese yen rises, USDJPY hits 3-week low on suspected intervention By Investing.com
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Investing.com — The Japanese yen rose on Friday, with the USD/JPY pair hitting a three-week low after sharp declines this week that traders largely attributed to government intervention. The pair, which measures the amount of yen needed to buy one dollar, was trading 0.2% higher at 153.34 yen. It had…
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Standard Chartered Q1 profit rises 5.5%, beats estimates By Reuters
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HONG KONG/LONDON (Reuters) – Standard Chartered on Thursday reported a 5.5 percent rise in first-quarter pre-tax profit, beating estimates, as higher interest rates boosted the emerging markets-focused bank’s profits. Standard Chartered, which generates most of its revenue in Asia, said its pre-tax profit in the quarter was $1.91 billion. That…