Revolut is preparing to launch its own stablecoin, positioning itself to compete with major players in the space, as revealed by a Coindesk report on September 18. 🚨 JUST IN: Crypto-friendly Revolut is said to be quite far along in creating its own stablecoin. pic. .com/8pV48BpRyM — Satoshi Club (@esatoshiclub) September 18, 2024 The London-based...
European stocks traded mixed on Thursday as uncertainty over Fed rate cuts deepened, and Israel forces pushed ahead with attacks on Rafah. Traders also awaited the outcome of a Bank of England (BoE) policy meeting later in the day for further direction. The central bank is set to hold its policy rate flat for a...
Luxury home furnishing retailer Williams-Sonoma Inc. (WSM) reported Thursday that net earnings for the second quarter grew to $225.75 million or $1.74 per share from $201.51 million or $1.56 per share in the prior-year quarter. On average, 16 analysts polled by Thomson Reuters expected the company to report earnings of $1.60 per share for the...
On Monday, the price of Bitcoin increased by 1%, opening at $68,473 and reaching an intra-day high of $68,733.Despite ongoing volatility, traders and investors remain speculative about future movements, closely watching the global crypto market cap, which increased by 0.42% to $2.55 trillion. The total crypto market volume surged by 45.83% to $66.2 billion in...
The Canadian market is down firmly in negative territory Thursday afternoon, with stocks from across several sectors reeling under sustained selling pressure, amid concerns the U.S. interest rates will remain higher for a longer time. The benchmark S&P/TSX Composite Index was up 175.75 points or 0.79% at 22,171.01 a little while ago. Materials, utilities, healthcare...
U.K. stocks traded higher on Monday after declining for six straight sessions. The benchmark FTSE 100 was up 50 points, or 0.6 percent, at 8,231 ahead of key employment and GDP data scheduled for Tuesday and Wednesday, respectively. Meanwhile, investors shrugged off the results of a survey that showed Britains labor market cooled noticeably last...
The China stock market has finished higher in three straight sessions, gathering almost 120 points or 3.5 percent along the way. The Shanghai Composite now sits just above the 3,285-point plateau although the rally may stall on Wednesday. The global forecast for the Asian markets is soft thanks to rising treasury yields. The European and...
The Singapore stock market ended the two-day winning streak in which it had picked up more than 20 points or 0.6 percent. The Straits Times Index now sits just above the 3,575-point plateau although it figures to bounce higher again on Wednesday. The global forecast for the Asian markets suggests mild upside, fueled by support...
Tuesday - KeyBanc Capital Markets has initiated coverage on GitLab Inc (NASDAQ:GTLB), assigning an Overweight rating with a price target of $70.00 for the shares. The firm\'s analysis suggests that GitLab, a company that operates as an independent DevSecOps platform, is poised for sustained mid-20% growth. This projection is based on the current stable-to-improving spending...
Sigma Energi Compressindo Tbk (SICO), an oil and gas service company established circa 2007, is planning an interim dividend distribution of IDR 3 per share or IDR 2.73 billion in total. Vita Diani Satiadhi, Director of SICO, said that this plan aligns with the decision made by the board of directors a couple of days...