Marquee at the main entrance to BlackRock headquarters building in Manhattan.Erik Mcgregor | Lightrocket | Getty ImagesSALT LAKE CITY — A year ago, Samara Cohen believed there was so much pent-up demand for bitcoin that she and her team at BlackRock launched one of the first-ever spot bitcoin exchange-traded products in the U.S. Now investors are flocking in, and a lot of them are crypto enthusiasts who are new to Wall Street.Cohen, who heads up the asset manager’s exchange-traded funds and index investments as chief investment officer, told CNBC that BlackRock now sees the demand was for a better way…
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Insight Holdings Group, LLC, a significant stakeholder in nCino, Inc. (NASDAQ:NCNO), has disclosed the sale of shares amounting to approximately $12.1 million. The transactions, executed on October 16 and 17, involved selling a total of 312,072 shares of nCino’s common stock. The shares were sold at prices ranging from $36.0204 to $36.1597. Following these sales, Insight Holdings and its affiliates still hold a substantial number of shares in the company. These transactions were made under a pre-established trading plan. In other recent news, nCino, Inc. has made significant strides in its operations, with a focus on enhancing operational efficiency and…
Oct 19, 2024 04:11 AM IST Pisces Daily Horoscope Today, October 19, 2024 to know your astrological predictions. Your health is also good today. Pisces – (19th February to 20th March)Daily Horoscope Prediction says, do not get influenced by othersEnjoy a happy relationship today and look for pleasant moments in your career. Be smart when it comes to monetary investments. Your health is also good today. Pisces Daily Horoscope Today, October 19, 2024: Enjoy a happy relationship today and look for pleasant moments in your career. Overcome the challenges in the love affair. Ensure you succeed in meeting the professional…
As the world accelerates its shift towards renewable energy, the role of electric vehicles (EVs) in reducing carbon emissions has become more critical. This transition depends heavily on advancements in battery technology, which is pivotal for mass EV adoption. A key player in this evolution is nickel, an essential material in battery production that has gained increasing attention due to its impact on EV performance and range. This article delves into the demand-supply dynamics of nickel in the EV battery sector and its role in the broader energy transition as reported by the International Renewable Energy Agency (IRENA). Nickel’s Essential…
Neal Flomenberg, Chief Scientific Officer and Global R&D Lead at Tevogen Bio Holdings Inc. (NASDAQ:TVGN), recently sold a substantial portion of company stock. According to a regulatory filing, Flomenberg sold 1,078,600 shares on October 17, 2024. The shares were sold at an average price of $1.62, totaling approximately $1.75 million. The sale was conducted to satisfy tax obligations related to the vesting and settlement of restricted stock units, as noted in the filing. Following this transaction, Flomenberg retains ownership of 4,254,302 shares in the company. In other recent news, Tevogen Bio Holdings Inc. has made significant strides in both its…
Investing.com — Jefferies analysts upgraded their price target for AppLovin (NASDAQ:) from $108 to $175 in a note Friday, citing optimistic trends in mobile gaming ad spending revealed in their latest survey. The survey, representing over $1.2 billion in app install spending, reportedly suggests that major players like APP, Google (NASDAQ:) (GOOG), and Meta (NASDAQ:) are expected to gain market share in 2025, while Unity (U) may lose ground. In their note, Jefferies analysts said the initial outlook for 2025 app install spending indicates a significant acceleration to 6.7% growth. While the survey forecasts a modest 2.7% growth for 2024, 2025…
One of the biggest secular tailwinds in recent years is the advent of artificial intelligence (AI). The latest advancements in AI went viral early last year, and the list of companies in the $1 trillion club is littered with businesses on the leading edge of this next-generation technology.For example, Apple products — including Siri and Maps — have always embraced AI, while Microsoft, Alphabet, Amazon, and Meta Platforms have developed seemingly impenetrable moats by integrating AI deeply into their respective business operations. Nvidia and Taiwan Semiconductor Manufacturing have developed the chips that make AI possible.Netflix (NASDAQ: NFLX) is one of…
SEOUL (Reuters) -North Korea said on Saturday it had discovered the remains of a crashed South Korean military drone, suggesting it was on a propaganda mission in the latest confrontation between the two involving cross-border flying objects. “In light of the drone’s shape, the presumptive period of flight, the leaflet-scattering box fixed to the underpart of the drone’s fuselage, etc., it is quite likely that the drone is the one which scattered leaflets over the center of Pyongyang Municipality. But the conclusion has not yet been drawn,” said state news agency KCNA. South Korea’s government has declined to say if…
Uranium prices may have dropped recently, but the long-term outlook for this critical energy resource is glowing. With game-changing technologies on the horizon and new uranium projects underway, the market is on for an exciting comeback. The uranium market has seen recent short-term pressure, with spot prices falling below $80 per pound after peaking at $107 in February. Despite this decline, uranium prices remain 30% higher than last year, providing significant returns for producers, according to new analysis from BMO Capital Markets. The World Nuclear Association Symposium in London has highlighted mixed market signals, particularly supply chain issues and delays.…
Chips remain on fire in 2024 despite the recent volatility in earnings reports. Investor sentiment unequivocally is that semiconductors will continue to rally into year-end. That bullish consensus makes this former CBOT pit trader take pause, and I believe now is the time to hedge some semiconductor exposure. I want to use put options in the VanEck Semiconductor ETF (SMH) to mitigate downside risk. As Nvidia CEO Jensen Huang has been on a coast-to-coast roadshow, the AI darling has hit a new all-time high of $140.89 on Thursday. That came in the wake of better-than-expected results from contract chipmaker Taiwan…