Image source: Getty Images When it comes to growth shares, it can sometimes seem as if the London market offers thin pickings compared to what can be found Stateside. But there are some UK growth shares I think have real potential. Should you buy Wise Plc shares today? Before you…
Norsk Hydro to shut two U.S. metal extrusion plants, cutting 350 jobs (NHYDY:OTCMKTS)
D. Lentz/iStock via Getty Images Norsk Hydro (NHYDY) (NHYKF) announced on Wednesday that it will close two of its aluminum extrusion plants in the U.S. next year, affecting ~350 jobs. The company said both facilities, located at California’s City of Industry and in Delhi, Louisiana, face low capacity utilization and…
Why has the Diageo share price badly underperformed the FTSE 100 under its latest boss?
Image source: Getty Images Cast your mind back to the end of last year. The Diageo (LSE: DGE) share price had been in the doldrums and its chief executive shown the door after a short term in office that the market deemed a failure. Excitement was high about the imminent…
If Rolls-Royce shares were valued the same as SpaceX stock, here’s how much one would be worth…
Image source: Getty Images We’ve now (17 June) had three full days of trading in SpaceX — Space Exploration Technologies (NASDAQ:SPCX) — shares. And given that the stock’s changing hands for 49.5% more than the IPO price, valuing the company at a cool $2.66trn, I think it’s fair to say…
Tim Cook says Apple to hike prices amid memory chip shortage – report
lixu/iStock Unreleased via Getty Images Apple (AAPL) will increase the prices for some of its products to offset the mounting costs of memory and storage chips, CEO Tim Cook said on Wednesday in an interview with The Wall Street Journal. Cook did not offer details Source link
Kentucky targets prediction markets, puts red state in potential clash with Trump team
A spokesperson for Polymarket said the company looks forward to addressing the claims. “This action runs counter to the CFTC’s established framework for regulating prediction markets,” the spokesperson said in a statement emailed to CoinDesk. So far, the states that have filed such a challenge against the prediction markets have…
Alkermes plummets on mid-stage alixorexton data for narcolepsy
fizkes Alkermes is down ~31% in after-hours trading Wednesday after reporting phase 2 study results of alixorexton for narcolepsy type 2. The Vibrance-2 trial met its dual primary endpoints: improvement from baseline compared to placebo on the Maintenance of Wakefulness Test and Source link
Fidelity joins Wall Street’s race to manage stablecoin reserves
The GENIUS Act, signed into law last year, established the first federal framework for payment stablecoins in the United States. Among other requirements, issuers must hold reserves in cash, short-term Treasury securities and certain government money market funds. The legislation has created an opportunity for traditional asset managers to offer…
Allurion enacts 1-for-15 reverse stock split for exchange relisting (ALUR:OTCMKTS)
Allurion Technologies (ALUR) said it will implement a 1-for-15 reverse stock split effective June 18 as it seeks to regain compliance with exchange listing requirements. The company’s shares will trade under the temporary symbol “ALURD” on the OTCQB market for 20 trading days before reverting to “ALUR.” The reverse split…
Here is how Coinbase plan to survive the crypto winter by ditching its reliance on trading fees
Coinbase’s (COIN) latest product launch event may not have changed Wall Street’s near-term earnings forecasts, but it reinforced a growing belief among analysts that the crypto exchange is steadily transforming itself into a broader financial platform with revenue streams that extend beyond bitcoin’s price cycles. At Tuesday’s System Update event…