News | Page 197 | InvestaFeed.com

First Mover Americas: Avalanche and Near Lead Weekly Gains

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Cryptocurrency

17 Nov 2023

: Tesla’s stock bounces into positive territory, to erase losses suffered after CEO Elon Musk’s controversial comments

Shares of Tesla Inc. TSLA edged up 0.4% in premarket trading Friday, to reverse the losses suffered after a backlash over controversial comments made by Elon Musk, the electric vehicle giant’s chief executive officer. The stock has dropped as much as 1...

News

17 Nov 2023

: Canopy Growth’s stock rises after it says it’s found buyers for BioSteel sports drink units

Canopy Growth Corp.’s stock CGCCA:WEED was up 1.7% in premarket trading on Friday after the Canadian cannabis company said it identified two qualified buyers for its BioSteel brand and assets. The anticipated proceeds of the deals are expected to impro...

News

17 Nov 2023

: Eli Lilly to build $2.5 billion plant in Germany to support rising demand for obesity, diabetes drugs

Shares of Eli Lilly & Co. LLY rose 0.67% in premarket trading Friday after drug giant announced plans to spend $2.5 billion to build a new manufacturing facility in Germany. The new facility is aimed at expanding Lilly’s injectable product and device m...

News

17 Nov 2023

Oil Latest – US Crude Trying to Nudge Higher After Another Week of Heavy Losses

US oil is down in excess of 23% in the last two months as fears of an imminent slowdown in global growth weigh. Wednesday’s EIA report did not help short-term sentiment either.

Forex

17 Nov 2023

: ChargePoint Holdings price target cut in half at Needham as stock drops after warning

Needham analyst Chris Pierce on Friday cut his price target on ChargePoint Holdings Inc.’s stock CHPT to $4 from $8 after the electric-vehicle charging specialist lost its top executive and forecast third-quarter sales below the consensus view. ChargeP...

News

17 Nov 2023

Gap Is Righting the Ship With Old Navy

Old Navy’s unexpectedly fast recovery bodes well for the company’s turnaround effort.

News

17 Nov 2023

: Tenet Healthcare selling three hospitals in South Carolina to Novant Health

Tenet Healthcare Corp. THC said Friday it agreed to sell three hospitals and related operations in South Carolina for about $2.4 billion in cash to Novant Health. The deal’s after-tax proceeds are about $1.75 billion. Tenet Healthcare expects to close ...

News

17 Nov 2023

: BJ’s Wholesale stock falls as profit beats but same-store sales miss and the full-year outlook is cut

Shares of BJ’s Wholesale Club Holdings Inc. BJ dropped 3.5% toward a two-month low in premarket trading Friday, after the membership-based warehouse retailer topped fiscal third-quarter earnings expectations but missed on same-store sales and provided ...

News

17 Nov 2023

Yen Update: What’s Behind the Recent Yen Strength?

The yen has struggled to appreciate despite yield curve controls allowing greater upside potential in bond yields. However, USD/JPY sunk after official comments

Forex

17 Nov 2023

: Exxon Mobil’s stock bounces after Gerdes gets bullish, citing valuation and growth drivers in Permian Basin, Guyana

Shares of Exxon Mobil Corp. XOM bounced 0.9% in premarket trading Friday, after the oil giant was upgraded at Gerdes Energy Research, citing valuation after the stock’s recent selloff. Exxon’s stock has tumbled 14.8% since closing at a record $120.20 o...

News

17 Nov 2023

Mastercard Says Customers Are Too Comfortable With Today’s Money for Adoption of CBDCs: CNBC

The widespread use of central bank digital currencies (CBDCs) does not have enough justification at the moment as customers are so comfortable using today's type of money, a senior Mastercard official has said.

Cryptocurrency

17 Nov 2023

Are Americans Falling Out of Love With EVs?

Manufacturers need to cut costs as electric-vehicle inventories pile up, but this is easier said than done.

News

17 Nov 2023

Dogecoin Futures Open Interest Jumps to 7B DOGE, Indicating Risky Bets

Trading interest in DOGE bets rose over 40% in the past 24 hours to reach their highest levels since April.

Cryptocurrency

17 Nov 2023

: Now-bankrupt former FTSE 100 company censured over market abuse

The Financial Conduct Authority on Friday censured NMC Health for misleading the market about its debt. The company, which made it into the FTSE 100 in 2017, “published a series of financial statements and several clarification announcements, which con...

News

17 Nov 2023

What’s Behind the Market’s Wild Overreactions

There are deeper issues behind the rapid changes in the market story that are unlikely to be resolved soon.

News

17 Nov 2023

Where Have All the Foreign Buyers Gone for U.S. Treasury Debt?

Overseas private investors and central banks now own about 30% of all outstanding U.S. government debt—down from roughly 43% a decade ago.

News

17 Nov 2023

Recent Altcoin Rally Powered by South Korean Traders, CryptoQuant Says

Notable booms include Loom Network’s LOOM, whose price surged approximately ten times over two months, and HIFI, whose prices spiked by 6,600% in September alone.

Cryptocurrency

17 Nov 2023

FTSE 100, DAX 40 and Nasdaq Rallies are Taking a Breather

Outlook on FTSE 100, DAX 40 and Nasdaq 100 amid consumer spending concerns.

Forex

17 Nov 2023

Here Are 3 Charts Supporting the Bull Case for Bitcoin

Charts related to global central banks, U.S. financial conditions and the 10-year U.S. Treasury yield suggest the path of least resistance for the cryptocurrency is upward.

Cryptocurrency

17 Nov 2023

Top Philippine UITF Funds

As the year 2019 comes to a close, it pays to take a look at the top 10 best UITF (unit investment trust fund) Philippine funds year-to-date. For those who have started investing for their financial future at the start of the year on any of the funds, ...

News

17 Nov 2023

Philippines Tokenizes Treasuries, Manny Pacquiao Embraces Crypto, and USDC Expands on SEI Layer-1

Be updated on all things crypto today with Coins ATBP., your weekly crypto news round-up.

Cryptocurrency

17 Nov 2023

Global Standards Setter for Securities Regulation Publishes Crypto Markets Policy Recommendations

IOSCO denied crypto industry requests for a bespoke regime for stablecoins while requiring closer cooperation between regulators in promotional materi

Cryptocurrency

17 Nov 2023

AUD/USD Price Forecast: Aussie Dollar Unable to Exploit Weaker US Data

AUD prices are trading lower this Friday morning as Fed officials did not waver in their hawkish messaging after jobless claims data crept higher.

Forex

17 Nov 2023

BSP Names Outstanding North Luzon Partners

PDate: 11/17/2023
Content:

The Bangko Sentral ng Pilipinas (BSP) named eight outstanding institutional partners of its North Luzon Regional Office at the 2023 Outstanding BSP Stakeholders Appreciation Ceremony (OBSAC) held on 17 November i...

News

17 Nov 2023