Category: Set
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Stage Set For Fresh Rally?
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On-chain data shows that Bitcoin could get significant support between $66,900 and $68,900, which could help provide solid ground for a new rally to higher levels. A large number of investors bought their Bitcoin for between $66,900 and $68,900. According to market intelligence platform data IntoTheBlock, BTC is currently floating…
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PBOC is expected to set the USD/CNY reference rate at 7.2378 – Reuters estimate
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The People’s Bank of China is scheduled to release the reference USD/CNY exchange rate at around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as the renminbi or renminbi). The People’s Bank of China follows…
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Dollar set for first monthly drop after US inflation readout By Reuters
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Written by Hannah Lange NEW YORK (Reuters) – The dollar fell on Friday and was headed for its first monthly decline in 2024 after data showed U.S. inflation rose in line with expectations in April, which did not clarify much about the extent to which the U.S. Federal Reserve could…
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Boeing’s Starliner is finally set for liftoff (NYSE:BA)
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dima_zel After many delays and years of setbacks, Boeing (NYSE: B.SThe Starliner spacecraft is scheduled to launch on Saturday, a mission more than a decade in the making. Lift off atop an Atlas 5 rocket, built by Boeing (BA). Lockheed Martin (LMT) The joint United Launch Alliance (ULA) project is…
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Boeing’s Starliner capsule set for launch of first crewed space flight By Reuters
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Written by Joey Rowlett and Steve Gorman CAPE CANAVERAL, Fla. (Reuters) – Boeing Co.’s (NYSE:) new Starliner astronaut capsule is scheduled to launch on Saturday in its long-delayed first crewed test flight, a milestone in the beleaguered aviation giant’s goal to compete with Elon Musk’s SpaceX in outer space. Astronaut…
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Clearwater Analytics Study Reveals 55% of Institutional Investors Set to Boost Their Alternative Investments By Investing.com
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New research reveals key trends, opportunities and challenges facing Institutional investors In alternative investments Boise, Idaho, May 30, 2024 /PRNewswire/ — Clearwater Analytics CWAN (NYSE: CWAN), a leading global provider of SaaS-based investment management, accounting, reporting and analytics solutions, today announced the release of its 2024 State of Alternatives study.…
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Clearwater Analytics Study Reveals 55% of Institutional Investors Set to Boost Their Alternative Investments By Investing.com
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New research reveals key trends, opportunities and challenges facing Institutional investors In alternative investments Boise, Idaho, May 30, 2024 /PRNewswire/ — Clearwater Analytics CWAN (NYSE: CWAN), a leading global provider of SaaS-based investment management, accounting, reporting and analytics solutions, today announced the release of its 2024 State of Alternatives study.…
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Apple reiterated Outperform at BofA as AI push set to begin (AAPL)
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He calms down Bank of America reaffirmed its outperform rating for Apple (Nasdaq: Apple) on Wednesday as the tech giant gets closer to unveiling its generative AI strategy at its developer conference next month. Shares were little changed in pre-market trading. The latest iPhone devices Analyst Wamsi Mohan wrote that…
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PBOC is expected to set the USD/CNY reference rate at 7.2528 – Reuters estimate
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The People’s Bank of China is scheduled to release the USD/CNY reference exchange rate at approximately 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as the renminbi or renminbi). The People’s Bank of China follows…
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Auto insurance inflation set to tap on the brakes, BofA economist says (NYSE:TRV)
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Rising auto insurance premiums have been a notable driver of inflation in the past few months. In April, auto insurance jumped 22.6% from a year earlier, the largest increase since 1979, Stephen Juneau, an economist at Bank of America Securities, noted in a recent note. “This has been an increasing…
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SuperMicro Computer, MicroStrategy set to join Russell 1000 By Investing.com
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The Russell 1000, the stock market index that tracks the top 1,000 stocks in the Russell 3000, is set to welcome 38 new members. Among the companies moving out of the index, which tracks small-cap companies, are notable names such as Super Micro Computer (NASDAQ:), MicroStrategy, and Carvana. These additions…
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Exclusive-KKR set for unconditional EU antitrust okay for Telecom Italia deal, sources say By Reuters
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Written by Fu Yunqi and Elvira Pollina BRUSSELS/MILAN (Reuters) – U.S. investment firm KKR is expected to receive unconditional European Union antitrust approval for the purchase. Telecom Italia (BIT:) Fixed Line Network (TIM) after agreeing to maintain commercial agreements with TIM’s rivals, people with direct knowledge of the matter said.…
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Blackrock’s IBIT set to outpace Grayscale as top bitcoin fund By Investing.com
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JP Morgan provided an analysis of the ownership structure of spot Bitcoin ETFs, revealing that institutional ownership is around 13% based on recent 13F filings for Q1 2023. Factoring in additional institutional investors not required to apply, such as junior managers and some investment advisors, the institutional ownership estimate rises…
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Sam Bankman-Fried Is Set for Prison Transfer amid Appeal Preparations
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Federal officials have begun the process of transferring Sam Bankman-Fried, founder of cryptocurrency exchange FTX, to a new prison despite his preference to remain in New York to help prepare his appeal. According to a report by the Wall Street Journal today (Wednesday), this decision was made to bypass Bankman…
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Ripple’s Stablecoin Set For ‘Great Impact’: Top Economist
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at recent days Input For Finextra, Carlo RWD De Meijer, an independent economist and owner of De Meijer Independent Financial Services Advisory (MIFSA), provided an in-depth analysis of Ripple’s upcoming stablecoin launch. De Meijer, who has nearly four decades of experience working at institutions such as ABN, ABN AMRO and…
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Dollar set for weekly drop on US slowdown signs By Reuters
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Written by Tom Westbrook SINGAPORE (Reuters) – The dollar headed for its biggest weekly decline against the euro in two-and-a-half months on Friday as signs of slowing inflation and a slowing U.S. economy raised the prospect of an interest rate cut. The euro rose 0.9% against the dollar this week,…
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Analyst Says Dogecoin Is Set To Breakout: How This Could Trigger Another Meme Coin Mania
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Dogecoin is once again seeing an uptrend after Bitcoin rebounded above $66,000, which in turn sparked a recovery in the broader cryptocurrency market. Cryptocurrency analyst Crypto Scient predicts that this bull trend will continue moving forward and eventually lead to the beginning of another meme coin mania. Dogecoin is set…