Citigroup Inc (NYSE: C) has been in spotlight in recent sessions after a regulatory filing confirmed that legendary investor Warren Buffett has pulled out of the financial services giant “entirely”.On the other hand, the investor known broadly as the “Oracle of Omaha” doubled his stake in the Victor headquartered alcoholic…
Rivian Automotive Inc has surged nearly 60% since early April, yet a BNP Paribas analyst believes the rally may still have legs.James Picariello maintains a bullish outlook on the EV maker, citing its strong execution and compelling strategy for 2025 as key drivers that could fuel additional upside in RIVN…
A wave of optimism swept across most Asian financial markets at Tuesday’s open, with equities largely drifting higher, spearheaded by gains in China following anticipated rate cuts by Beijing. Investor sentiment was also buoyed by expectations of a potential rate cut by the Reserve Bank of Australia, contributing to a…
Shares of Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery maker, surged over 18% in their trading debut on the Hong Kong stock exchange on Tuesday, showing strong investor confidence in the company’s global growth prospects amid a booming electric vehicle (EV) market.CATL shares were last trading at…
A growing chorus of Wall Street strategists is forecasting a banner year for European stocks, predicting they could achieve their most significant outperformance relative to their US counterparts in at least two decades. This optimistic outlook is largely fueled by an improving economic landscape in Europe and a recalibration of…
European stock markets commenced Tuesday’s trading session with a cautiously optimistic tone, as major indices posted modest gains. This positive sentiment was primarily fueled by an anticipated rate cut from China, aimed at bolstering its economy, and tentative hopes surrounding potential peace talks to resolve the long-standing conflict in Ukraine.Approximately…
A recent survey has revealed that four out of five Americans support converting a portion of the country’s gold reserves into Bitcoin, marking a notable shift in public sentiment toward digital asset diversification.The poll, conducted by the Nakamoto Project—a nonprofit focused on Bitcoin education and advocacy—surveyed 3,345 Americans online between…
The XRP price is surging toward a projected $6.8, fueled by bullish technical patterns, while a new cryptocurrency, Mutuum Finance (MUTM), is capturing investor attention with its DeFi lending model. XRP’s consolidation phase signals an imminent breakout, but Mutuum Finance (MUTM) is stealing the spotlight. Its presale, now in phase 4…
Greggs has reported stronger trading in recent months, buoyed by viral popularity of its new Mac and Cheese product and the rollout of an expanded menu across hundreds of outlets. The UK’s largest bakery chain said like-for-like sales rose 2.9% in the first 20 weeks of 2025, with momentum improving…
US stocks took a short breather on Monday after Moody’s downgraded the US sovereign credit rating from Aaa – the highest possible – to Aa1.Debt downgrades often weigh on bond prices, thereby pushing the related yields up significantly, which is exactly what the credit rating agency’s announcement did on Monday.For…