Stocks Down Pre-Bell Ahead of Key Inflation Report; Asia Gains, Europe Falls
The main US stock measures were pointing lower in Wednesday's premarket activity as traders await th
Short-Term Bitcoin Holders Have Moved Nearly $8B Worth of BTC to Exchanges, Signaling Price Bottom: Van Straten
Short-term holders have sent almost $8 billion worth of bitcoin to exchanges at a loss over the past two days. The volatility in recent bitcoin price action has seen wild record swings in profit-taking to panic selling.
Cheche Group Achieves Profitability Amid NEV Market Growth
Cheche Group (CCG) has released an update. Cheche Group, a prominent auto insurance technology platform in China, reported a significant turnaround in its financial results for the third quarter of 2024, achieving a net income of RMB4.1 million compared to a net loss in the prior year. The company witnessed a notable increase in total written premiums and policy issuance, driven by strategic partnerships with new energy vehicle companies, which fueled its revenue growth. Additionally, Cheche’s s
Planning The Leap from PE to Public Markets at 4th Palm Beach CorpGov Forum
PE Edge and Exec Edge are pleased to provide complete video coverage of the fourth annual Palm Beach CorpGov Forum held on Nov. 13-14, featuring a two-day event with panels, firesides and networking receptions. The audience comprised more than 200 attendees including institutional investors, family offices/HNWIs, attorneys, investment bankers and key advisors. Planning The Leap from […]
Chinese Buyers Soak Up Unsold Oil as Iranian Crude Flows Slow
(Bloomberg) -- China’s independent refiners have snapped up barrels from across the Middle East and Africa as offers of Iranian oil remain scarcer and more expensive than usual, in part due to broadening US sanctions.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasA large processor bought about 10 million barrels of grades from Abu Dhabi and Qatar, a
Hyperscale Data issues special dividend of Series F Exchangeable Preferred Stock
Hyperscale Data (GPUS) plans to issue a special one-time dividend of 1M shares of a newly designated Series F Exchangeable Preferred Stock to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The record date for the Distribution has been set for December 13. The company has set a payment date of December 23, subject to adjustment. The number of shares of Series F Preferred Stock issuable is approximately 0.139 for each share of Eligible Cap
Trump Tariff Threat ‘Chilling Signal’ for Mexico Economy
(Bloomberg) -- Even as Mexico President Claudia Sheinbaum attempts to quell concerns over Donald Trump’s threat of 25% tariffs, economists are looking glumly at the trouble ahead should the US president-elect actually follow through.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes
Maxeon Solar Technologies restructures to focus on US market
The company has leased a building in Albuquerque, New Mexico to construct a 2GW module assembly facility.
uCloudlink Group Reports Revenue Growth and Market Expansion
uCloudlink Group (UCL) has released an update. uCloudlink Group Inc. reported a 5.6% year-over-year increase in total revenues to $25.2 million for Q3 2024, driven by growth in data connectivity and SaaS services. Despite a slight decrease in net income, the company expanded its global presence with new product launches and strategic partnerships. uCloudlink continues to diversify its offerings and strengthen its market position in the mobile data traffic sharing sector. For further insights int
Seeking Up to 10% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy
Every investor wants to see his portfolio generate a solid return, and there’s no shortage of strategies to achieve this goal. One of the more popular strategies is dividend investing – a timeless approach that continues to stand the test of time. The key here is the long-term total outperformance of the total return. Hartford Funds, after reviewing 50 years’ worth of stock records, demonstrated that dividend stocks generated an average annual return exceeding 9% for the half-century ending in 2