Asian stock markets are trading mostly higher on Thursday, despite the broadly negative cues from Wall Street overnight, as the markets react to the US Feds decision to lower interest rates for the first time in over four years, aggressively slashing rates by half a percentage point. Fed officials also suggested the central bank will...
JAKARTA – The authority of Indonesia Stock Exchange (IDX) reportedly terminates the employment of 5 staffs in Listing Division following alleged gratification for allowing issuers to be listed in the stock exchange. In an official release circulating among press, today (26/8), these 5 IDX employees are suspected of receiving bribery of up to billons of...
Despite soft inflation data raising prospects of another rate cut by the Canadian Central Bank, the Bay Street is languishing in negative territory after a somewhat sluggish start Tuesday morning, weighed down by losses in energy section due to declining oil prices. The benchmark S&P/TSX Composite Index is down 98.79 points or 0.43% at 23,017.60...
Crypto “unicorns” are springing up in Switzerland, with a recent report claiming the nation is now home to 13 token-related firms worth $1 billion or more. Per a report from PME, the number of unicorns in the crypto sector rose from nine in 2022 to 13 last year. Crypto Unicorns: Switzerland, Liechtenstein Make Moves The...
![](http://www.blockchainloft.com/wp-content/uploads/2024/01/03.jpg "\\"Stifel boosts Beauty Health shares on Q4 beat and 2024 EBITDA optimism")
On Wednesday, Stifel increased its price target for The Beauty Health Company (NASDAQ:SKIN) to $4.00, up from the previous $3.00 on the shares, while maintaining a Hold rating. The adjustment follows The Beauty Health Company\'s fourth-quarter earnings, which showed a revenue of $96.8 million, aligning with Stifel\'s projection of $95.2 million and surpassing the general...
(Reuters) - European shares opened lower on Monday, as greenback-priced commodities lost their appeal on a firmer U.S. dollar, while investors braced for key inflation data expected this week from the euro zone and the United States. The pan-European STOXX 600 was down 0.2% by 0823 GMT, following a record-high close for the broader European...
On February 23, popular Bitcoin miner Riot Platforms issued a cautionary statement regarding potential profitability challenges in its business operations. The company cited various factors, including global supply chain disruptions, chip shortages, and increasing regulatory scrutiny around climate change, as key threats to its operations. Higher Bitcoin Mining Difficulty Requires Higher Hash Rate The top...
The US state of Virginia, which is seeking to safeguard the crypto rights of its citizens, is one-step closer to creating a working group to deep-dive into crypto expansion. Virginia state Senate on Monday, passed a bill, which aims to create a research group to study blockchain and cryptos. The proposition was introduced as a...
LONDON - e.l.f. Beauty (NYSE: NYSE:ELF), a prominent player in the cosmetics industry, has established its first European office in London, marking a strategic move to amplify its international presence. The office is set to serve as a global hub, supporting the company\'s growth ambitions outside the U.S. The company, headquartered in Oakland, California, has...
The Downfall of the Venezuelan State-run Cryptoasset Maduro and his cabinet spearheaded a set of policies that saw the Latin American nation launch its own oil-backed cryptoasset, which it named the Petro (PTR). The government also created Sunacrip, a state-run agency that oversaw crypto policy, as well as a state crypto-powered remittance platform named Patria....