The global Telehealth and Telemedicine market, valued at USD 68.8 billion in 2021, is projected to reach USD 360.5 billion by 2028, growing at a CAGR of 26.7% from 2022 to 2028. The comprehensive report covers market dynamics, segmentation, and competitive analysis, providing insights into key players and regional trends. Customization options are available to meet specific client needs.
UBS's Meskin suggests that the Federal Reserve is likely to implement 25 basis point cuts in upcoming meetings, despite challenges in interpreting economic data due to seasonal factors and strikes. The focus remains on consumer strength and earnings as key indicators of economic health, with potential for a reacceleration in the economy influencing future rate decisions.
20:29 14.10.2024
VP Bank AG's share price rose by 1.32% to EUR 76.75 on October 14, 2024, marking a slight recovery after a recent decline, though it remains down 15.66% year-on-year. The bank plans a dividend payment of EUR 5.00 per share, yielding 5.46%, appealing to investors despite sector challenges. A recent analysis indicates a pressing need for action among shareholders regarding buying or selling the stock.
20:08 14.10.2024
Sosin Partners, a high-risk hedge fund, has achieved a remarkable 69.7% gain this year, largely driven by Carvana, which constitutes about two-thirds of its capital. The stock surged over 15% last month and has increased more than 350% this year, with analysts setting a consensus target price of $165.40. Other holdings, including Hilton Grand Vacations and Capital One Financial, have seen mixed performance, while Cardlytics has struggled significantly.
Diamcor Mining continues to grapple with significant financial challenges, despite a slight share price increase of 1.89% to EUR 0.027 on October 14, 2024. The company's market capitalization stands at EUR 4.5 million, with shares down 60.58% over the past year, indicating ongoing struggles. Key financial ratios suggest potential overvaluation, highlighting an urgent need for action among shareholders.
Recent inflation reports show a decline in overall pricing pressures, with the Consumer Price Index (CPI) at 2.4% in September, down from 2.5% in August. However, core CPI rose to 3.3%, driven by increases in transportation services and shelter costs. The Producer Price Index (PPI) also decreased to 1.8%, indicating easing inflation trends, influenced by the Federal Reserve's rate hikes and a cooling housing market. Expectations are set for further rate cuts in late 2024 and early 2025 as the Fed shifts focus to economic growth.
The Swiss stock market experienced a decline mid-week, with the SMI index falling 0.21% to 12,193.07 points amid investor caution ahead of the European Central Bank's interest rate decision. Major losses were seen in luxury goods and technology sectors, particularly for Swatch Group and Richemont, following disappointing figures from LVMH. In contrast, stocks like Autoneum and Julius Baer showed gains, while Tecan plummeted 15% due to a forecast cut.
18:05 14.10.2024
UBS Group AG notified Solvay of a downward crossing of the 3% voting rights threshold on October 7, 2024, due to a reduction in holdings in its trading portfolio. Following this adjustment, UBS's total indirect interest in Solvay's voting rights fell below 3%, triggering the disclosure obligation. Solvay, committed to sustainable chemistry, reported net sales of 4.9 billion euros in 2023 and aims for carbon neutrality by 2050.
17:45 14.10.2024
UBS Group AG notified Solvay that it crossed a transparency threshold, reducing its indirect voting rights below 3% as of October 7, 2024, due to a decrease in Trading Book holdings. This notification aligns with Belgian transparency legislation, reflecting UBS's controlled undertakings' holdings. Solvay, a leading chemical company with a commitment to sustainability and a goal of carbon neutrality by 2050, reported €4.9 billion in net sales in 2023 and employs over 9,000 people globally.
17:45 14.10.2024
J.P. Morgan Asset Management is restructuring its alternatives business to enhance its competitive edge in private markets, led by executives with extensive experience. With $400 billion in alternative assets, the firm aims to better serve wealthy individual investors and family offices through tailored products, including evergreen funds and co-investment opportunities. This strategic shift reflects a commitment to active management and leveraging its private banking history to meet growing demand in the private credit and equity sectors.
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