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  • Dec 21, 2024

AppLovin Stock (APP) May Struggle for More Momentum after 687% Rally

I invested in AppLovin (APP) when the company was worth less than $15 billion. Today, that figure stands at over $113 billion after a 687% rally over 12 months. However, I’m a little concerned that the momentum might be running low simply because the company’s valuation may prove unsustainable unless it can present further catalysts. For now, I’m neutral on this stock, given the evolving interest rate environment, the potential for more risk-off sentiment, and the stock’s valuation. What’s Drive

  • Dec 21, 2024

Germany Reels After Attack at Christmas Market Kills Five

(Bloomberg) -- Germany is reeling after an attacker drove a car into a Christmas market in the eastern city of Magdeburg, killing five people, in an incident that’s likely to inflame debate over public safety ahead of federal elections in February.Most Read from BloombergReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisMexico City

  • Dec 21, 2024

Tiny But Vital Metal Markets Rush to Adjust to Chinese Clampdown

(Bloomberg) -- Chinese curbs on exports of three niche metals to the US have already rattled the market. Now, a bigger clampdown looks set to have far-reaching ramifications for supply chains feeding American defense and chip-making industries.Most Read from BloombergReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisMexico City to B

  • Dec 21, 2024

Almacenes Éxito to Delist from NYSE and Focus on Colombian Market

An announcement from Almacenes Exito SA Sponsored ADR ( (EXTO) ) is now available. Almacenes Éxito S.A., a major player in the retail industry, has announced its decision to voluntarily delist its American Depositary Shares (ADSs) from the New York Stock Exchange (NYSE) and deregister its securities under the U.S. Securities Exchange Act of 1934. This strategic move aims to consolidate the company’s stock in its primary market, Colombia, to enhance liquidity and increase shareholder returns. The

  • Dec 21, 2024

Taoping says Nasdaq grants additional 180 calendar day period for compliance

Taoping (TAOP) announced that on December 19, it received notification from The Nasdaq Stock Market confirming the company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through June 16, 2025. To regain compliance with Nasdaq’s minimum bid price requirement set forth under Nasdaq Listing Rule 5810(c)(3)(A), the closing bid price of the company’s ordinary shares needs to be at least $1.00 per share or greater for at least ten consecut

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