world
Bitcoin will resume its rally in coming months after what have been a few challenging weeks for the world’s largest cryptocurrency, says Richard Teng. He’s the current chief executive of Binance. Teng’s bullish view on BitcoinRichard Teng is confident that BTC will easily surpass the $80,000 level before the start of 2025. Next year, he added in a recent interview Bankless YouTube channel, will be even better for the crypto market on the back of improving macroeconomic environment. If there’s a squeeze, it should reach $250,000. So, I think there’s still some room to grow, both for Bitcoin as ...
Invezz
Walgreens Boots Alliance Inc (NASDAQ: WBA) trading down this morning after reporting weaker-than-expected financial results for its third quarter. Shares of the healthcare giant are now down close to 50% for the year. Walgreens stock sinks on disappointing guidanceWalgreens stock is in the red at writing also because its management lowered its guidance. The multinational now forecasts its adjusted per-share earnings to fall between $2.80 and $2.95 in fiscal 2024. Analysts, in comparison, were at $3.20 per share. Tim Wentworth – the chief executive of Walgreens Boots Alliance said in a press re...
Invezz
Vanuatu, an island nation in the South Pacific Ocean, is set to introduce a crypto licensing scheme this year. The mandate is part of the nation’s long-awaited digital asset and service provider bill. According to Loretta Joseph, policy consultant at Vanuatu Financial Services Commission (VFSC), the bill is set to be passed as early as September. Joseph believes the bill would help position the Island nation as a global financial hub. The development has been confirmed by Branan Karae, the VFSC commissioner, during a June 27 digital assets symposium run by the commission. Per Joseph, the bill,...
Invezz
Ocean Power Technologies Inc (NYSE: OPTT) witnessed a remarkable surge of 70% on Wednesday following its announcement of a preliminary deal. The company revealed its success in securing a sole source contract award for multiple WAM-Vs, which are set to be delivered to a department of the US Government. The contract will ultimately be awarded as a Firm-Fixed-Price purchase order through a noncompetitive process. The revenue generated from this contract will be recognized evenly over the duration of the agreement, considering the anticipated delivery date in the near future. Shares of the mariti...
Invezz
HP Inc (NYSE: HP) is in focus this morning after naming Karen Parkhill its new chief of finance. Shares of the tech giant are currently up more than 30% versus their year-to-date low in mid-April. Karen Parkhill will join HP in AugustKaren Parkhill will assume the role of chief financial officer at HP on August 5th, 2024. Tim Brown will return to his role of head of Print Finance at the same time. Brown has been serving the New York listed firm as its interim CFO since late last year. Enrique Lores – the chief executive officer of HP said in a press release today: Karen’s wealth of experience ...
Invezz
General Mills Inc (NYSE: GIS) is in the red at writing after reporting weaker-than-expected revenue for its fourth financial quarter. Shares of the processed consumer foods company are now down nearly 10% versus their year-to-date high. General Mills issues downbeat guidanceGeneral Mills stock is taking a hit this morning also because its management failed to impress with the guidance. The multinational now forecasts its adjusted per-share earnings to climb up to 1.0% in fiscal 2025. Analysts, in comparison, were at a 3.0% increase instead. Jeff Harmening – the chief executive of General Mills...
Invezz
Bitcoin has dropped back to the $60,000 level this week but Anthony Pompliano remains bullish as ever on the world’s largest cryptocurrency by market cap. Anthony Pompliano is the founder of Pomp Investments. Pompliano is bullish on both BTC and AIPompliano continues to see Bitcoin as well as artificial intelligence as a “10-year trend” with “massive tailwinds”. The potential strength in both those markets bodes well for Bitbot – an AI-enabled Telegram trading bot that you can use to maximise your profits out of a financial market. Let’s take a closer look at what Bitbot is and how may Pomplia...
Invezz
Enovix Corp (NASDAQ: ENVX) opened about 20% up on Tuesday after signing an agreement to provide silicon batteries for a mixed-reality headset. Shares of the battery manufacturer are now trading at a year-to-date high. Who did Enovix teamed up with on mixed-reality headsets?Enovix has inked an agreement with a top California-based technology company. It did not, however, reveal the name of the firm it has teamed up with on mixed-reality headset in a press release today. The Nasdaq-listed firm will immediately receive a one-time payment for “tooling to support battery pack dimensions”. Subsequen...
Invezz
Carnival Corp (NYSE: CCL) is trading up in premarket on Tuesday after reporting market-beating financial results for its second quarter. Carnival stock does not currently pay a dividend. Carnival stock gains on upbeat guidanceThe stock is being rewarded also because CCL issued encouraging guidance for the future. Carnival now forecasts its adjusted net income to print at $275 million this year – up more than %. Carnival also expects net yields to come in at 10.25% in fiscal 2024. Josh Weinstein – its chief executive said in a press release today: On our upwardly revised guidance, we will be on...
Invezz
Regis Corp (NASDAQ: RGS) has entered into a “new senior secured credit facility” with the global asset manager TCW Asset Management Company LLC and Midcap Financial Trust. Its shares are up well over 100% on Tuesday. Why does it matter for Regis stock?A $105 million term loan, the company’s press release added, will replace its existing debt and will help lower its outstanding indebtedness by over $80 million. Regis Corp will also get to save roughly $7.0 million in annual cash interest as well on the back of today’s announcement. According to Matthew Doctor – its chief executive officer: This...
Invezz
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら