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  • Jan 17, 2025

IMF Raises Global Economic Growth Forecast on Stronger US Demand

(Bloomberg) -- The International Monetary Fund upgraded its global growth forecast for this year, spurred by stronger-than-expected US demand and slowing inflation worldwide that will let central banks continue to cut interest rates.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunIn a City of Sprawl, Wildfire Evacuation Is Getting HarderWi

  • Jan 17, 2025

Optinose price target adjusted for stock split at Lake Street

Lake Street analyst Thomas Flaten lowered the firm’s price target on Optinose (OPTN) to $17 from $45 and keeps a Buy rating on the shares, saying that “in part accounting for the recent 1-for-15 reverse stock split, we revised our $3 price target to $17″ after OptiNose delivered preliminary XHANCE revenue for Q4 of $22.4M, which was above the firm’s and consensus estimates. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top

  • Jan 17, 2025

LM Funding reports bitcoin holdings valued at $15M as of December 31

Bruce Rodgers, Chairman and CEO of LM Funding (LMFA) remarked, “We are pleased with the continued progress and performance of our Bitcoin mining operations. As of December 31, 2024, we held 150.2 Bitcoin. In Q4 2024, we anticipate recognizing a Gain on Fair Value of Mined Bitcoin of approximately $4M on our Bitcoin holdings. This result further strengthens our confidence in our strategy and reinforces our belief in Bitcoin’s substantial growth potential as we enter 2025.” Published first on TheF

  • Jan 17, 2025

Huntington Bancshares' profit surges on strong capital markets, interest income growth

Capital markets and advisory fees jumped 74% to $120 million, while wealth and asset management revenue rose 8% to $93 million in the three months ended Dec. 31, Huntington said. These drove up the company's profit to $530 million, or 34 cents per share, from $243 million, or 15 cents, a year earlier. The profit also beat analysts' expectation of 31 cents, according to data compiled by LSEG.

  • Jan 17, 2025

LVMH Reclaims Title of Europe’s Most Valuable Stock From Novo

(Bloomberg) -- It’s taken LVMH nearly a year-and-a-half to regain its spot as Europe’s biggest stock from Novo Nordisk A/S.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunWill Americans Ever Lose Their Taste for Telework?In a City of Sprawl, Wildfire Evacuation Is Getting HarderThe Danish drugmaker’s shares fell more than 4% on Friday afte

  • Jan 17, 2025

BlackRock’s Amped Up ETF Taps Into Wall Street’s Stock Anxiety

(Bloomberg) -- BlackRock Inc. is tapping into a fast-growing corner of the options-powered ETF world with an offering aimed at Wall Street investors bracing for the S&P 500 to tread water.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunWill Americans Ever Lose Their Taste for Telework?In a City of Sprawl, Wildfire Evacuation Is Getting Har

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