Rhythm Pharmaceuticals, Inc. (NASDAQ:RYTM) Chief Financial Officer Hunter C. Smith has sold a total of 15,515 shares of common stock, with the transactions valued at over $600,000. The sales took place on March 19, 2024, and were executed at a weighted average price of $39.22 per share. The price range for these transactions was between...
European stocks may open on a mixed note Wednesday as investors await key U.S. GDP and inflation readings along with speeches by Fed officials for fresh clues on the timing of the Federal Reserve\'s easing cycle. Eurozone economic sentiment survey results as well as a revised reading on fourth quarter U.S. GDP may attract attention...
The Bank of Israel (BoI) is speeding up efforts to develop its central bank digital currency (CBDC), dubbed the “digital shekel.” In a recent update on May 28, the bank revealed plans for the CBDC’s payment use case through the ‘Digital Shekel Challenge’ experiment, a key part of its action plan for the potential issuance...
-- J.P. Morgan analysts encouraged investors to adopt a defensive stance towards stock markets, citing \"early signs of exhaustion” in a recent risk-on rally and the growing risk of a sharp correction in equities. While analysts noted that investor optimism remained high over a “better-than-goldilocks” outcome for the economy, market positioning now appeared skewed towards...
Asian stocks ended mixed on Friday as investors reacted to surprisingly soft U.S. inflation data, mixed Chinese trade figures and comments from several Federal Reserve officials on the rate trajectory. The dollar edged up slightly as the latest inflation data fueled bets for a September rate cut and a Pew Research Centre poll showed former...
On-chain AI project Fetch.ai has announced the launch of Fetch Compute following a $100 million investment in the project’s infrastructure. Fetch Compute is a suite of tools and training capabilities for developers and users working with AI. It bills itself as a project “designed to supercharge participant’s ability to create advanced applications to deepen the...
Japan posted a current account surplus of 3.193 trillion yen in July, the Ministry of Finance said on Monday - up 15.1 percent on year. Thats up from the 1.533 trillion yen surplus in June. Imports were up 16.8 percent on year to 9.899 trillion yen, while exports rose an annual 9.4 percent to 9.417...
German stocks rose modestly on Friday as investors awaited Fed Chair Jerome Powells Jackson Hole speech later in the day for confirmation U.S. rate cuts would start in September. With a recession looming large on the economy and inflationary pressures abating, markets currently expect the U.S. Federal Reserve to deliver three quarter-point rate cuts at...
Jeff “Jihoz” Zirlin, co-founder of Axie Infinity, experienced a security breach in two of his personal Ethereum addresses on Ronin, resulted in an $8 million loss. The web3 security firm Ancilia, Inc. first alerted Ronin Network about the unusual withdrawal of over 2,790 Ethereum. The crypto was withdrawn to three addresses and immediately deposited to...
The manufacturing sector in South Korea continued to expand in June, and at a faster pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 52.0. That\'s up from 51.6 in May, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction. June survey...