Category: Strong
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Asia FX firms, yen strong as dollar retreats on bets of bigger rate cut By Investing.com
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Asian currencies rose on Tuesday, with the Japanese yen nearing a 2024 high as the dollar retreated amid growing bets that the Federal Reserve will cut interest rates by a wide margin this week. Regional trading volumes were subdued due to holidays in markets in China and South Korea. Anticipation…
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Strong case for 50 bp Fed cut, says former NY Fed chief Dudley By Reuters
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SINGAPORE (Reuters) – There is a strong case for a 50 basis point cut in U.S. interest rates, former New York Federal Reserve President Bill Dudley said. “I think there is a strong case for the 50, whether they do it or not,” he said at the Bretton Woods Committee’s…
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Manchester United brand remains strong despite recent financial losses: Jefferies By Investing.com
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Investing.com – Despite recent financial challenges, Manchester United Liverpool Football Club (London:) (NYSE:)’s brand remains resilient and strong. According to analysts at Jefferies, the club’s global recognition and extensive fan base remain the key drivers of its strength, even amid declining financial performance and rising operating costs. Manchester United have…
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Asia FX muted, dollar strong as sticky CPI fuels bets on smaller rate cut By Investing.com
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Most Asian currencies moved in a flat-to-low range on Thursday, while the dollar strengthened after a strong reading on U.S. consumer inflation dashed hopes that the Federal Reserve would cut interest rates by a large margin. Weak inflation data from Japan weighed on the yen, pushing the currency back from…
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RYBREVANT ® (amivantamab-vmjw) plus LAZCLUZE™ (lazertinib) show strong favorable overall survival trend versus osimertinib in EGFR-mutated advanced lung cancer
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New longer-term data from the MARIPOSA study confirm superior outcomes of chemotherapy-free RYBREVANT ® plus LAZCLUZE™ regimen compared to osimertinib monotherapy as first-line therapy Results from an interim analysis featured in late-breaker oral presentation at WCLC SAN DIEGO, Sept. 8, 2024 /PRNewswire/ — Johnson & Johnson (NYSE: JNJ) today announced…
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BofA raises UiPath stock target on strong Q2 results By Investing.com
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BofA Securities has revised its outlook on UiPath Inc. (NYSE: NYSE:), raising its price target to $18.00 from $16.00 previously, while maintaining a Neutral rating on the stock. This adjustment comes after UiPath released its second-quarter financial results, which showed that revenue and annual recurring revenue (ARR) exceeded expectations. UiPath’s…
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17EdTech reports strong Q2 revenue growth amid challenges By Investing.com
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17EdTech, a leading provider of educational technology solutions, has reported a significant quarter-to-quarter revenue growth of 165% in the second quarter of 2024. The company’s Chief Financial Officer, Michael Du, highlighted the robust progress in the core business, driven by expansion and contract winnings in new potential areas. Despite the…
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Asia FX muted before PCE test; yen firms on strong CPI, while yuan hits 2024 peak By Investing.com
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Most Asian currencies remained in a tight range on Friday as the dollar held onto recent gains in anticipation of key inflation data that is likely to influence interest rate expectations. The Japanese yen strengthened, approaching levels seen at the start of the month, as strong inflation data from Tokyo…
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Nutanix shares surge 12% on strong earnings beat and outlook By Investing.com
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San Jose, California – Nutanix Company Microsoft (NASDAQ:MSFT) shares rose 12.45% in after-hours trading Wednesday after the hybrid cloud computing company reported fourth-quarter financial results that beat analysts’ expectations and offered an upbeat outlook for fiscal 2025. The company reported adjusted earnings per share of $0.34, beating the consensus estimate…
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Shekel opens week with strong gains
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With inflation rates rising in Israel, the Bank of Israel’s Monetary Committee is not expected to cut interest rates on Wednesday. The shekel exchange rate rose sharply today against the US dollar and the euro. In late morning interbank trading, the shekel-dollar exchange rate fell by 1.25% to NIS 3.658/dollar,…
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Asia FX firms, yen strong as rate cut bets put dollar at 13-mth low By Investing.com
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Most Asian currencies rose on Monday, with the Japanese yen rising sharply amid growing bets that the Federal Reserve will cut interest rates in September, putting the dollar at a 13-month low. Most regional currencies extended their gains from last week, especially after comments from Federal Reserve Chairman Jerome Powell…
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In echo of Draghi, Powell pledges to do “everything we can” to keep the jobs market strong
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The US dollar fell sharply after a speech from Federal Reserve Chairman Jerome Powell in which he said it was time for a policy shift and added a key line about maintaining a strong labor market. “We will do everything we can to support a strong labor market while making…
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Palo Alto Networks target raised by Oppenheimer on strong FY24 By Investing.com
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Oppenheimer saw its price target on Palo Alto Networks (NASDAQ:NASDAQ:) increase from $390.00 to $410.00, while the company maintained an outperform rating on the stock. This adjustment comes after Palo Alto Networks delivered a strong performance at the end of its fiscal 2024, beating estimates with strong platform sales. Palo…
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Plus500 reports strong Q2, forecasts above expectations By Investing.com
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Shares of Plus500 (LON:) rose today after the company posted a bullish outlook for its full-year results, suggesting it expects to beat market expectations. At 4:22 a.m. (0822 GMT), Plus500 shares were up 4.4% at £2,538. “Expectations are up again, which suggests a strong management team with high confidence in…
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Uniswap On The Verge Of A Strong Comeback – Can UNI Break And Hold $6.7?
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Uniswap UNI (UNI) price is targeting a return to $6.7 as bullish momentum continues to build. A break above the key level could signal a renewed uptrend that could lead to further gains for the cryptocurrency. With market sentiment gradually shifting, the question now is can Uniswap sustain its momentum…
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Uniswap On The Verge Of A Strong Comeback – Can UNI Break And Hold $6.7?
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Uniswap UNI (UNI) price is targeting a return to $6.7 as bullish momentum continues to build. A break above the key level could signal a renewed uptrend that could lead to further gains for the cryptocurrency. With market sentiment gradually shifting, the question now is can Uniswap sustain its momentum…
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75% of Bitcoin Hasn’t Moved in 6+ Months, Signaling Strong HODLing Trend
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Latest data from Bitcoin Pro Magazine This shows a significant trend among Bitcoin holders: nearly 75% of all Bitcoin in circulation has been idle for more than six months. This strong holding behavior reflects a strong belief in Bitcoin’s long-term value, despite market volatility. Bitcoin Pro X Magazine The HODL…
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75% of Bitcoin Hasn’t Moved in 6+ Months, Signaling Strong HODLing Trend
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Latest data from Bitcoin Pro Magazine This shows a significant trend among Bitcoin holders: nearly 75% of all Bitcoin in circulation has been idle for more than six months. This strong holding behavior reflects a strong belief in Bitcoin’s long-term value, despite market volatility. Bitcoin Pro X Magazine The HODL…
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US stock futures rise as strong data clears economic fears By Investing.com
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U.S. stock index futures rose in overnight trading on Thursday as Wall Street posted extended gains after strong retail sales and jobless claims data helped ease concerns about a slowing economy. Weak inflation data earlier in the week boosted bets that the Federal Reserve will cut interest rates in September,…
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Solana Whale Sell-Offs Threaten $1,000 Dream, But Fundamentals Remain Strong
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A Solana whale (SOL) Solana has been selling a large amount of its holdings for some time, a move that could significantly impact the price of Solana and Expected move to $1000Solana’s fundamentals remain strong amidst this sell-off, suggesting that SOL is still capable of enjoying a significant bullish run.…