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  • Dec 17, 2024

Brazil Central Bank Says Record Low Exchange Rate Is Fueling Inflation

(Bloomberg) -- Brazil’s central bank said inflation risks are materializing due to factors including a weaker currency and resilient demand, forcing the board to signal unanimously that borrowing costs will rise past 14% by March.Most Read from BloombergHow California Sees the World, and ItselfHong Kong's Expat Party Hub Reshaped by Chinese InfluxLondon’s Tube Fares Are Set to Rise by 4.6% Next Year“Upside inflation risks, such as the resilience of services inflation, the deanchoring of expectat

  • Dec 17, 2024

Should You Buy Bitcoin Below $115,000?

Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, has been one of the big headlines in 2024. As inflation declined and the prospect of lower interest rates began to materialize, Bitcoin joined tech and growth stocks and rallied, breaking away from the rest of the crypto sector. Once president-elect Donald Trump won on election night, Bitcoin and the rest of the crypto sector soared.

  • Dec 17, 2024

Why Is Fast Charging Network EVgo Stock Plunging Today?

EVgo Inc. (NASDAQ:EVGO) shares are trading lower in premarket trading following the announcement of the pricing of a secondary public offering. The previously announced offering by EVgo Holdings, an affiliate of LS Power Equity Partners IV, involves 23 million shares of EVgo’s Class A common stock priced at $5.00 per share. Additionally, LS Power has granted underwriters a 30-day option to purchase up to 3.45 million more shares at the same price. Notably, EVgo itself is not selling any shares,

  • Dec 17, 2024

Rockwell Medical Scores Multi-Year Dialysis Deal; Stock Jumps

Rockwell Medical, Inc. (NASDAQ:RMTI) shares are trading higher premarket on Tuesday after it entered into a product purchase agreement with a provider of dialysis products and services. As per the three-year agreement, Rockwell Medical will supply its SteriLyte liquid bicarbonate product to the customer, with an option to renew it for two additional one-year terms. The agreement is expected to generate over $10 million in net sales in the first year, a portion of which was not included in Rockwe

  • Dec 17, 2024

Wall Street’s Smart-Trade Complex Booms Even as Simple Bets Win

(Bloomberg) -- Wall Street’s printing press for complex investment products is having a blockbuster year, minting fees for bankers, hedge fund managers and ETF issuers. Most Read from BloombergHow California Sees the World, and ItselfHong Kong's Expat Party Hub Reshaped by Chinese InfluxLondon’s Tube Fares Are Set to Rise by 4.6% Next YearYet a slew of these newfangled strategies are struggling to wow — despite healthy demand — in a world where plain and simple bets on the S&P 500 keep winning b

  • Dec 17, 2024

EyePoint reports inducement grants under NASDAQ listing rule

EyePoint (EYPT) announced that the Company granted non-statutory stock options to new employees as inducement awards outside the Company’s 2023 Long-Term Incentive Plan in accordance with NASDAQ Listing Rule 5635(c)(4). The Company granted stock options to purchase up to an aggregate of 54,600 shares of EyePoint Pharmaceuticals common stock to six new employees. The stock options were granted on December 13, 2024. The grants were approved by the Compensation Committee and made as an inducement m

  • Dec 17, 2024

Will Bitcoin Stay Above $100,000 in 2025?

To the delight of many investors, Bitcoin (CRYPTO: BTC) finally breached the $100,000 mark in 2024. Could Bitcoin soar to even greater heights in 2025, or is this surge above $100,000 a short-lived phenomenon, setting the stage for a potential correction? Bitcoin's recent rally has been nothing short of remarkable.

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