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ubs raises microsoft price target amid mixed market sentiment and concerns
UBS has raised its price target for Microsoft from $500 to $525 while maintaining a buy recommendation. The firm acknowledges mixed market sentiment and concerns over Azure's growth and high capital expenditures, but remains confident in Microsoft's AI capabilities and workload management expertise.
ABC Bourse
United States Dollar Microsoft Corporation USA
Technology & Innovation, Market Report
16:50 18.12.2024
Dormant Dogecoin Reactivated as Analysts Predict Significant Price Rally Ahead
Dormant Dogecoin tokens have reactivated, with 5.8 billion DOGE moved in just 24 hours, indicating heightened market activity. Analysts predict a potential price rally, targeting between $0.48 and $3, as historical patterns suggest significant price fluctuations may follow this surge in circulation. Additionally, Arkham Intelligence has integrated Dogecoin into its analytics platform, enhancing on-chain analysis capabilities for users.
Crypto News Flash
Ali Martinez
Crypto, Market Report
16:48 18.12.2024
us stocks poised for growth amid economic resilience and ai spending
U.S. stocks are expected to thrive in 2025, driven by a strong macro environment, robust earnings growth, and significant spending on AI, with a target of 6,600 for the S&P 500. While small-cap stocks face challenges, sectors like financials, consumer discretionary, and utilities present promising opportunities. Inflation is projected to remain slightly above the Fed's 2% target, supported by a resilient economy and ongoing consumer spending.
Kiplinger.com
United States Dollar S&P Global Inc. Apple Inc. Samsung E&A Co., Ltd. The Goldman Sachs Group, Inc. Taiwan Semiconductor Manufacturing Company Limited USA Solita Marcelli Show more
Finance & Economy, Market Report
16:47 18.12.2024
us stocks poised for growth amid economic resilience and ai spending
U.S. stocks are expected to thrive in 2025, driven by a strong macro environment, robust earnings growth, and significant spending on artificial intelligence. The economy is projected to grow around 2% to 2.5%, supported by a healthy labor market and rising disposable income, while inflation may slightly exceed the Fed's 2% target. Small-cap stocks are viewed as less appealing in the near term, with a focus on large-cap companies, particularly in financials, consumer discretionary, and tech sectors.
Kiplinger.com
United States Dollar Samsung E&A Co., Ltd. S&P Global Inc. The Goldman Sachs Group, Inc. Apple Inc. Taiwan Semiconductor Manufacturing Company Limited USA Solita Marcelli Show more
Finance & Economy, Market Report
16:47 18.12.2024
novartis and bioage partner to tackle age-related diseases in major deal
BioAge Labs has entered a multi-year partnership with Novartis to tackle age-related diseases, potentially worth up to $550 million. The collaboration will leverage BioAge's human longevity datasets and Novartis's expertise in exercise biology to discover new therapeutic targets and explore the biological mechanisms of aging. This agreement follows BioAge's recent IPO and the discontinuation of a phase 2 obesity trial due to safety concerns.
Fierce Biotech
United States Dollar Novartis AG Amgen Inc. BioAge Labs, Inc. Eli Lilly and Company USA CHE Lai Peng Leong Michaela Kneissel Kristen Fortney Show more
Healthcare, Press Release
16:44 18.12.2024
binance faces lawsuit in australia for failing to protect retail clients
Binance Australia Derivatives is facing a lawsuit from the Australian Securities and Investments Commission (ASIC) for misclassifying over 500 retail clients as wholesale clients, denying them essential consumer protections. The allegations include failing to provide necessary disclosures and adequate compliance systems, leading to significant financial losses for investors, with Binance compensating affected clients approximately $13 million in 2023. This case is part of broader regulatory efforts by ASIC to enhance oversight of digital assets and protect consumers.
The Crypto Basic - Bitcoin, Cryptocurrency, DeFi Topics And News
AUS NGA Tigran Gambaryan
Regulatory & Legal, News Article
16:43 18.12.2024
Ripple launches RLUSD stablecoin with strong debut trading volume
Dogecoin (DOGE) has experienced a significant surge in liquidations, increasing by 1,209%. Meanwhile, Ripple's newly launched stablecoin, Ripple USD (RLUSD), is now trackable on major platforms like CoinGecko and CoinMarketCap, with 53.18 million tokens in circulation and a debut trading volume of $549,820. Initially trading at $1.68 due to high demand, RLUSD's price has since stabilized, and it aims to establish itself as a fully regulated alternative in the competitive stablecoin market.
U.Today
Alex Dovbnya
Crypto, News Article
16:43 18.12.2024
lightchain ai poised for explosive growth with innovative blockchain and ai integration
Lightchain AI ($LCAI), an innovative altcoin priced at $0.003, is poised for significant growth by combining blockchain technology with artificial intelligence. With a roadmap that includes a Mainnet launch and a unique Proof of Intelligence consensus mechanism, it aims to replicate Solana's past success, potentially offering early investors massive returns by 2025. The project is already making strides with validator nodes and industry partnerships in place, setting the stage for a transformative impact on the blockchain landscape.
Bitcoinist.com
Dropbox, Inc. Qualcomm Inc
Crypto, Press Release
16:40 18.12.2024
Hong Kong grants licenses to four new crypto trading platforms
Hong Kong's Securities and Futures Commission (SFC) has granted licenses to four new virtual asset trading platforms, increasing the total to seven that can serve retail customers. The licensed firms, which include Accumulus GBA Technology Ltd and DFX Labs Company Ltd, underwent rigorous inspections to ensure compliance with global security standards. The SFC aims to balance investor protection with the growth of the virtual asset ecosystem, with plans to consider 11 more platforms for licensing by year-end.
CryptoSlate
HKG Eric Yip Show more
Regulatory & Legal, News Article
16:40 18.12.2024
GreenRoc partners with Morrow Batteries to enhance sustainable battery materials supply chain
GreenRoc Strategic Minerals has signed a Memorandum of Understanding with Morrow Batteries ASA to enhance its role in the European battery materials supply chain. The partnership aims to produce sustainable, high-quality graphite active anode material from GreenRoc's flagship mine at Amitsoq in Greenland, aligning with ESG practices and the growing demand for locally-sourced battery materials in Europe. The establishment of a Norwegian subsidiary further supports the development of a robust supply chain for the region's clean energy initiatives.
Proactiveinvestors UK
Nestlé S.A. Morrow Batteries Asa GRL Stefan Bernstein Steve Darling
Technology & Innovation, Press Release
16:39 18.12.2024
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