UBS Upgrades FinVolution Group
UBS has upgraded its outlook for FinVolution Group from Neutral to Buy.
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10 Best Performing Cryptocurrencies in January 2023
The cryptocurrency market was off to a great start this year, with Bitcoin, the world’s largest digital currency by market value, gaining more than 40% last month. Ether, the world’s second-largest digital currency, also…
Big 3 Oil Firms Made a Record $132B Profit in 2022
Chevron, Exxon Mobil and Shell, delivered more than $132 billion in combined profits last year, courtesy of skyrocketing oil and gas prices.
Drug Maker Structure Therapeutics Offers Big Bet on ‘Diabesity’ With IPO
One of the first major biotech deals of the new year is offering investors a big bet on diabetes and obesity treatments.
Atlas Energy Solutions Prepares to Go Public With $100 Million IPO
A new natural gas play is coming to market.
India’s Largest Retailer to Accept CBDC at Stores
India’s biggest retailer Reliance Retail announced the support for the digital rupee in its Freshpik line of stores across the country.
Comcast Cuts Stake in BuzzFeed (BZFD)
Comcast has disclosed ownership of almost 20% of BuzzFeed Class A shares.
EU Could Relax Regulatory Requirements for Smart Contracts: Report
The European Union reportedly may ease its regulatory requirements for crypto smart contracts.
Indian Banks Exposed to 40% of Adani Group’s $24.5B Debt: Report
According to estimates, Indian banks were exposed to around 40% of the $24.5 billion debt held by the troubled conglomerate Adani Group.
15 Sports Teams Who Still Haven’t Changed Their Problematic Names
For the third time since 2020, the Kansas City Chiefs are headed to the Super Bowl to face off against the Philadelphia Eagles, and again we may see pushback against the former team’s arrowhead…
SIMBA Chain Bags $30M Contract With the US Air Force to Utilize DLT
Indiana’s SIMBA Chain continues its tokenization business with the U.S. government.
William Blair Initiates Coverage of Cutera With Market Perform Recommendation
William Blair has initiated coverage of Cutera with a Market Perform recommendation.
Cantor Fitzgerald Initiates Coverage of Verve Therapeutics With Neutral Recommendation
Cantor Fitzgerald has initiated coverage of Verve Therapeutics with a Neutral recommendation.
Metas’ Shares Jump 17%+ After Beating Expectations, Metaverse Down $13.72B
Despite facing increased hardships throughout the previous year and laying off 11,000 employees last November, Meta managed to beat most estimates.
Coinbase NFT Halts Drops to Focus on ‘Features and Tools’
Coinbase NFT has announced on Twitter that it is pausing new creator drops.
First FOMC Meeting of 2023 Brings a 25BPS Hike
The Federal Reserve has announced it will raise interest rates by another 25 basis points.
10 Large Cap Stocks Trading Close to 52-Week Lows
Here are 10 large-cap stocks that are trading close to their 52-week lows.
Central Banks Bought 1,136 Tons of Gold in 2022: Demand Surged to 11-Year High
Global central banks purchased more than 1,100 tons of gold in 2022, driving the demand for the yellow metal to the highest mark since 2011.
Unusual Stock Options Volume for Murphy Oil Confirms Institutional Optimism
Amid institutional bullishness for the hydrocarbon energy market, oil and natural gas exploration and production firm Murphy Oil has so far gained over 7% year to date.
UK Releases Draft Rules on Regulating Crypto Sector
The U.K. finance ministry released draft rules on Wednesday to regulate the troubled cryptocurrency industry.