Circle’s (CRCL) massive rally shows no signs of cooling. The stablecoin issuer soared as much as 15% in early trading on Friday, extending its stunning post-IPO surge as Wall Street bets big on crypto’s next major disruptor. “Circle as a top-tier crypto ‘disruptor’ with a sizeable future opportunity,” Seaport Research Partners analyst Jeff Cantwell wrote on Friday. “On the back of an improving regulatory climate, we expect adoption globally of stablecoins such as USDC,” he added. Cantwell initiated the stock with a Buy rating and a price target of $235 a share from Seaport Research Partners. During mid-morning trading on…
Author: user
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. A trio of central bank decisions this week sent a clear message to markets that officials are preparing to loosen monetary policy, reigniting investor appetite for risk.Bloomberg | Bloomberg | Getty ImagesFederal Reserve Governor Christopher Waller moved markets Friday after saying in an interview with my colleague, Steve Liesman, that the central bank could cut interest rates as early as July.That sparked a short-lived rally in stocks, as rate cut hopes always seem to do, though long-term bond…
The main point of investing for the long term is to make money. Furthermore, you’d generally like to see the share price rise faster than the market. Unfortunately for shareholders, while the First Western Financial, Inc. (NASDAQ:MYFW) share price is up 49% in the last five years, that’s less than the market return. Some buyers are laughing, though, with an increase of 27% in the last year. With that in mind, it’s worth seeing if the company’s underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. AI is about to change healthcare. These…
In its Monetary Policy Report to Congress, published on Friday, the Federal Reserve said that inflation is somewhat elevated, while the job market remains in a solid shape, per Reuters.Key takeaways”Some early signs tariffs pushing up inflation.””Still early to assess tariff impact on economy.””Tariff impact yet to show up in official data.””Financial stability resilient amid heightened uncertainty.””Broad-based decline in Dollar foreign exchange value.””Tariffs have weighed on household, business sentiment.””Slow start to 2025 tied to tariff related adjustments.””In early April, treasury market functioning remained orderly, but liquidity fell to levels last seen in early 2023.””Liquidity also materially deteriorated in equity, corporate…
Mining.comUS-China deal, and more DoD money will not loosen China’s grip on military-grade rare earths magnetsRare earths have been in the news lately, with a deal between the United States and China regarding the 17 elements on the Period Table, followed by a plan….18 hours ago Source link
Image source: Getty Images Shares in Google’s parent company Alphabet (NSADAQ:GOOG) trade at a (forward) price-to-earnings (P/E) ratio of 17. Based on the last five years, that’s unusually low. The business is growing well and stock looks like a no-brainer. But I do have a brain, so I’ve been trying to use it to figure out why the market isn’t more positive on the stock. Antitrust The biggest and most obvious reason is probably antitrust. Alphabet’s been found guilty of maintaining an illegal monopoly and the question is what happens next? One idea is that nothing much is going to…
Autocar ProfessionalTata Motors Not Facing Rare Earth Supply Issues for Now, Exploring Alternate Sources: ChandrasekaranTata Motors remains unaffected by China’s rare earth export curbs for now, with Chairman Chandrasekaran confirming stable supply, strategic inventories,….24 hours ago Source link
raw material and mineral rare earth news Source link
(Bloomberg) — Central bankers in the US, UK and Japan held the line on interest rates this week as officials attempt to gauge the impact of tariffs, uncertainty about economic activity and war in the Middle East. Most Read from Bloomberg While the median forecast from US Federal Reserve officials showed two interest-rate cuts by the end of the year, seven policymakers — up from four at the March meeting — indicated they see no reduction. The Bank of Japan unveiled a plan to ease the pace of its reductions to monthly bond purchases to ensure market stability while sticking…
raw material and mineral rare earth news Source link