US stocks edged higher on Friday, setting the stage for strong weekly wins after Wall Street’s expectations for a jumbo interest rate cut by the Federal Reserve shot up overnight. The S&P 500 (^GSPC) moved up about 0.2%, while the tech-heavy Nasdaq Composite (^IXIC) climbed just over the flat line to point to a fifth […]
Short term Elliott Wave view on Gold Miners ETF (GDX) suggests that decline to 33.86 ended wave (4). The ETF has turned higher in wave (5). Internal subdivision of wave (5) is unfolding as a 5 waves impulse Elliott Wave structure. Up from wave (4), wave ((i)) ended at 36.25 and dips in wave ((ii)) […]
Investing.com – Citi Research has assigned a high-risk Buy rating to Alstom (EPA: EPA:) shares, with a price target of €22, compared to the current price of €16.10. According to the bank, Alstom shares have underperformed recently due to concerns related to the company’s short-term debt. However, the company has reassured investors by stating that […]
Waaree Energies, India’s largest solar panel manufacturer, is facing delays in launching its much-anticipated Waaree IPO due to regulatory hurdles. Despite filing its draft papers for an initial public offering (IPO) on December 29, 2022, the company is still waiting for approval from the Securities and Exchange Board of India (SEBI) eight months later. The […]
The Ministry of Energy and Mineral Resources (ESDM) is set to increase investment in the upstream oil and gas sector by simplifying the permitting process. “Currently, we have about 300 permits, which is excessive. We will streamline and cut these down,” ESDM minister Bahlil Lahadalia told the Detikcom Leaders Forum on Wednesday, September 11, 2024. […]
Parafin has begun offering financing to Walmart Marketplace sellers. Through the Walmart Marketplace Capital program, eligible sellers can access financing through Parafin, an embedded finance firm and an approved Walmart Marketplace solution provider, Parafin said in a Wednesday (Sept. 11) press release. The Capital by Parafin program under Walmart Marketplace Capital offers funding provided by Parafin with […]
While other exchange traded gold products had outflows for several months, OUNZ – we refer to the VanEck Merk Gold ETF by its ticker symbol – bucked the trend, gathering more gold. I created OUNZ in 2014 in response to criticism in the blogosphere about the large exchange traded gold products then in the market. […]
Sunrun director Jurich sells over $35,000 in company stock Investing.com Read the full article…
The latest 20-year Government Investment Issue (GII) auction achieved a solid bid-to-cover ratio of 1.922x, reflecting strong investor interest. The auction size was set at RM3 billion, with an additional RM2 billion allocated to private placements. Total bids amounted to approximately RM5.8 billion, aligning with previous levels seen in the recent 30-year Malaysian Government Securities […]
British Smaller Companies VCT2 (GB:BSC) has released an update. British Smaller Companies VCT2 plc, in conjunction with British Smaller Companies VCT plc, has announced plans to launch a new combined Offer for the 2024-25 tax year, with the intention to raise up to £50 million and an over-allotment option of an additional £25 million. A […]
