InvestaFeed.com | Page 276 | Digital Currency, Stock Market, and Investment News from your Reliable Sources Channel

: Home builder Smith Douglas backed by former Agriculture Secretary Sonny Purdue files IPO

Smith Douglas Homes Corp., a Woodstock, Ga., home builder that lists former Agriculture Secretary and Georgia Governor George E. “Sonny” Perdue III as a shareholder, plans to go public on the New York Stock Exchange under the symbol “SDHC”, according t...

News

15 Nov 2023

Blockchain Startup Kinto Plans ‘First KYC’d’ Ethereum Layer-2 Network After Raising $5M

The Kinto network, built with the Optimism's OP Stack, features native know-your-customer (KYC) checks and investor accreditation mechanism to help onboard regulated financial institutions.

15 Nov 2023

: Advance Auto Parts’ stock sinks after a surprise, large loss while sales topped expectations

Shares of Advance Auto Parts Inc. AAP sank 6.5% in premarket trading Wednesday, after the auto parts seller reported a surprise large fiscal third-quarter loss and slashed its full-year outlook, while announced a cost-cutting plan aimed at saving $150 ...

News

15 Nov 2023

Global Bond Yields Hammered as Markets Upgrade Interest-Rate Cut Expectations

Government bond yields across the globe fell sharply on Tuesday, after the latest US inflation report, as investor’s thoughts turn to a series of interest rate cuts next year.

Forex

15 Nov 2023

: Chegg announces $150 million accelerated share repurchase with Morgan Stanley Bank

Education company Chegg Inc.’s stock CHGG rose 2.6% premarket Wednesday, after the company announced a $150 million accelerated share repurchase with Morgan Stanley Bank N.A. Chegg will make an initial payment of $150 million in return for 13.5 million...

News

15 Nov 2023

: Target’s stock soars after big profit beat, although sales falls shy

Shares of Target Corp. TGT shot up 9.7% toward a two-month high in premarket trading Wednesday, after the discount retailer reported fiscal third-quarter profit that was well above expectations, while net sales fell short. Net income for the quarter to...

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15 Nov 2023

: Arcellx’s stock set to surge after Gilead makes $200 million investment at a 30% premium

Shares of Arcellx Inc. ACLX were set to surge Wednesday, after biotechnology company announced a $200 million equity investment by Gilead Sciences Inc.’s GILD Kite as part of an expanded collaboration. Under terms of the investment, Gilead will buy 3.2...

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15 Nov 2023

: Xpeng’s ADR down 2% as Q3 loss widens and revenue falls short of estimates

Xpeng Inc.’s ADR XPEV fell 2% in premarket trade Wednesday, after the Chinese electric vehicle company’s third-quarter loss widened from a year ago while revenue fell short of estimates. Xpeng posted a net loss of RMB3.89 billion ($0.53 billion), or RM...

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15 Nov 2023

Central Bank Digital Currencies Can Replace Cash, Offer Resilience: IMF Chief

The public sector should continue to prepare for CBDC deployment, IMF Managing Director Kristalina Georgieva said.

15 Nov 2023

Former Boxing Champ Manny Pacquiao’s Foundation Will Use Shibarium for Its Operations

The charitable foundation established by the eight-time WBC champion will use the Shibarium blockchain to optimize fundraising, distribution, and other operations.

15 Nov 2023

FTSE 100, DAX 40 and S&P 500 Extend Gains on Softer US and UK Inflation

Outlook on FTSE 100, DAX 40 and S&P 500 following weaker-than-expected US and UK inflation.

Forex

15 Nov 2023

Cathie Wood Urges Investors to Heed the Risks of a Deflationary World

The fund manager talks bitcoin, Sam Bankman-Fried and the future of artificial intelligence.

News

15 Nov 2023

DYDX Pumps Ahead of Massive $500M Token Unlock

DYDX, the native token of the newly released eponymous chain and decentralized exchange, has risen by more than 20% in the past 24 hours, just 16 days before more than $500 million worth of the tokens will be released to early investors and core team m...

15 Nov 2023

Stock Exchange How To Buy Stocks Of Philippine Companies

How can you you invest in the stock market? It was in 2018 that bought my first ever stock from the Philippine Stock Exchange. Here’s how that experience went and why I will continue to buy more in the future. This is also a beginner’s guide to everyon...

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15 Nov 2023

Blockchain Developer Lattice Unveils ‘Alternative Data Availability’ Network for Optimism

Redstone is operating in testnet, and aims to be cost-effective for on-chain games and decentralized applications.

15 Nov 2023

Shiba Inu Now Tradeable on GCrypto of GCash

GCrypto, GCash's in-app platform, marks its 25th listing as it includes the popular meme token Shiba Inu (SHIB) into its platform.

15 Nov 2023

Singapore Central Bank Starts Tokenization Pilots Alongside JPMorgan, BNY Mellon, DBS

The test will explore bilateral digital asset trades, foreign currency payments, multicurrency clearing and settlement, fund management and automated portfolio rebalancing.

15 Nov 2023

Standard Chartered Investment Arm Launches Tokenization Platform

Libeara will enable the creation of a tokenized Singapore dollar government bond fund.

15 Nov 2023

Bitcoin’s Options Market Has Overtaken Its Futures Market in a Sign of Growing Sophistication

The notional open interest in the global BTC options market stood at $17.5 billion at press time, while open interest in the futures market was $15.84 billion.

15 Nov 2023

Coins.ph Now Supports Native USDC

We're excited to announce that Coins.ph now supports native USDC on Polygon, starting November 15, 2023.

15 Nov 2023

AUD/USD Price Forecast: Australian Wage Growth Hits Fresh Highs

AUD prices have held onto yesterday’s gains with some positive Chinese data as well as high wage growth locally.

Forex

15 Nov 2023

U.S. CBDC Is Unlikely in the Near Term: Bank of America

The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.

15 Nov 2023

Crypto Futures Funding Rates Normalize After Bitcoin Drops to $35.6K

Large movements in spot markets led to open interest surging to $35 billion over the weekend, indicating highly leveraged bets from traders hoping for even higher prices.

15 Nov 2023

Crypto Giant OKX Goes Live With Off-Exchange Derivatives Trading

Asset manager CoinShares along with crypto custody joint venture Komainu are aiming for TradFi standards in derivatives settlement with much reduced counterparty risk.

15 Nov 2023

UK Breaking News: UK CPI Posts Massive Drop, GBP Offered

Headline CPI dropped massively as energy and food prices see large declines. UK government achieves its target of halving inflation ahead of next week’s Autumn Statement

Forex

15 Nov 2023

Galeria Paloma Digital Art Awards Winners Announced

Galería Paloma has announced that the winning artworks in the competition have been minted on Objkt and Mintoo, the NFT platform partner of the competition.

15 Nov 2023

Personal Remittances Rise by 2.6 Percent YoY in September 2023; First Three Quarters Level Reaches US$27.24 Billion

PDate: 11/15/2023
Content: Personal remittances from Overseas Filipinos (OFs) in September 2023 reached US$3.23 billion, 2.6 percent higher than the US$3.15 billion recorded in the same month last year. The growth in personal remittances in September ...

News

15 Nov 2023

Crypto Market Sees Net Capital Inflow for First Time in 17 Months

The 90 day net change in the supply of the top four stablecoins has flipped positive, indicating an inflow of capital into the market.

15 Nov 2023

Blockchain.com Closes $110M Raise: Bloomberg

The exchange's valuation in the $110 million round was less than half of its previous $14 billion valuation, according to the report.

15 Nov 2023

The $2 Trillion Interest Bill That’s Hitting Governments

Rising debt-servicing costs are complicating plans in many countries for more military and climate spending.

News

15 Nov 2023