Argenx announces its Annual General Meeting of Shareholders will take place on May 27, 2025, to discuss key matters, including the reappointment of directors, auditor appointment, and approval of the 2025 Remuneration Report.
Ripple's XRP gains momentum as Binance's ongoing purge of low-liquidity tokens continues, leading to increased trading volume and market capitalization. The move is seen as a defining moment for the crypto market, as it prioritizes liquidity and usability over hype and speculation.
Manhattan Associates Inc. investors affected by alleged securities fraud can recover losses with the help of The Portnoy Law Firm.
A study finds that investors tend to focus on the timing of their investments rather than the duration, leading to a phenomenon known as the "time-in-the-market" effect. This means that investors who stay invested for the long haul tend to outperform those who try to time the market.
Spanish police arrested 11 individuals in a crypto scam bust, seizing over $21 million in assets. The AI-powered scheme targeted investors with fake cryptocurrency offerings, using sophisticated tactics to evade detection. Authorities recovered stolen funds and froze suspect bank accounts.
Bitcoin price is poised for an upward move as US bonds experience their worst selloff since 2019. A sharp decline in US Treasury yields has led to a surge in risk appetite, boosting Bitcoin's value. Analysts predict a potential breakout above $55,000, with the cryptocurrency's fundamentals and macroeconomic factors aligning in its favor.
Bloomberg Intelligence's top ETF strategy for 2023 involves shorting Ether, citing its high volatility and potential for further price declines. The strategy aims to profit from Ether's expected decline by betting against it, with the ETF tracking the performance of Ether futures contracts.
Several tech stocks soared this week, driven by strong quarterly earnings and optimistic outlooks. Notable gainers include Microsoft, Amazon, and Alphabet, which benefited from cloud computing and artificial intelligence growth. Additionally, semiconductor companies like NVIDIA and Advanced Micro Devices saw significant gains, fueled by demand for gaming and data center hardware.
Chamath Palihapitiya, a prominent venture capitalist, believes time favors Trump. He sees a big opportunity for the President to rewrite global economics with the March 2024 election, potentially leading to a new era of economic growth and stability.
Wells Fargo reports Q1 earnings that beat expectations, with net income rising 14% to $4.4 billion. Revenue also increases 3% to $21.7 billion, driven by growth in consumer lending and wealth management. The bank's adjusted EPS of $1.10 surpasses estimates of $1.04.
Wells Fargo's Q1 earnings were mixed, with revenue beating estimates but profitability falling short. The bank's net interest income declined 11% year-over-year, while non-interest income rose 10%. Wells Fargo's shares were down 2% in premarket trading following the report.
Bitcoin, Ethereum, XRP, and Dogecoin are rallying. The cryptocurrency market is poised for a very fun weekend if one key level is broken. A break above $64,000 for Bitcoin and $2,800 for Ethereum could lead to further gains. XRP and Dogecoin are also showing signs of strength.
Analysts predict a choppy tech market despite inflation relief, citing concerns over supply chain disruptions, higher interest rates and cooling demand. Despite some positive signs, the sector's rebound may be short-lived, with many stocks remaining volatile.
Sofi Technologies led financial stocks surging this week, driven by its acquisition of Visited, a travel booking platform. The fintech company's shares rose 15.6% as investors bet on its growth potential. Other winners include fintech players like Marqeta and GreenSky, which climbed 12.4% and 10.3% respectively.
Apple (APPL) is set to report Q3 earnings. Analysts expect revenue to rise 9.3% year-over-year, driven by strong iPhone and services growth. EPS is expected to increase 12.5%. Zacks' proprietary model predicts a 2.3% change in the stock's price following the earnings release, making it a "Hold" for investors.
Nucor's options frenzy: Nucor's stock has seen unprecedented options activity, with trading volumes surging 10x in a week. Analysts attribute this to the company's strong Q1 earnings and optimism around its steel production and demand. Options traders are betting on continued stock gains, with calls dominating puts.
Alibaba Group's options trading reveals a mix of bearish and bullish trends. Behind the scenes, analysts note a rise in put options, indicating increased caution among investors. Meanwhile, call options show a steady increase, hinting at ongoing optimism. These contrasting trends may indicate a tug-of-war between bears and bulls.