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Investment

PSG fan token surges higher as football club beats Barcelona By Investing.com

[ad_1] Fan token Paris Saint-Germain surged higher after the PSG football club beat Barcelona 4-1 in the Champions League, advancing to the semi-finals.  The PSG fan token last traded up 13%. Meanwhile, the Barcelona fan token fell by 3%. Barcelona initially took the lead in…

Omnicom Q1 adjusted EPS beats estimates, revenue up 5.4% YoY By Investing.com

[ad_1] NEW YORK – Omnicom Group Inc. (NYSE: NYSE:) announced its first-quarter earnings, surpassing analyst expectations with an adjusted EPS of $1.67, which was $0.13 higher than the consensus estimate of $1.54. Revenue for the quarter also exceeded forecasts, coming…

Oil inventories rise by 4.09M barrels last week: API By Investing.com

[ad_1] Investing.com — U.S. crude stockpiles jumped more than expected last week, the API reported Tuesday, but gasoline inventories dropped pointing to an ongoing recovery in refinery activity amid growing fuel demand.    , the U.S. benchmark, traded at $85.28…

Analysis-China’s cycle of dollar hoarding and weakening yuan gets vicious By Reuters

[ad_1] SHANGHAI (Reuters) – Chinese businesses are hoarding dollars because they expect their own currency to weaken, and that in turn is exacerbating a slide in the yuan that has been driven by wobbly stock markets and feeble growth in…

2 Struggling Stocks to Buy at a Discount

[ad_1] The stock market has maintained its upward trend so far in 2024, even as the momentum has slowed recently. The S&P 500 Index ($SPX) and the tech-centric Nasdaq-100 Index ($IUXX) have gained 6.8% and 7.6%, respectively, year-to-date. This growth…

China’s overproduction of clean energy goods needs to be mitigated, Yellen says By Reuters

[ad_1] By Andrea Shalal and David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Tuesday that China’s massive investments in advanced manufacturing of clean energy goods have resulted in an unfair playing field that puts American workers and…

These factors, not Bitcoin halving, will impact crypto prices – Needham By Investing.com

[ad_1] Needham & Company has released its latest analysis on the likely impacts of the upcoming halving on the cryptocurrency sector. The report highlights that the reduction in Bitcoin block rewards is expected to have only a modest impact on…

Morgan Stanley profit beats estimates with higher investment banking, wealth revenue By Reuters

[ad_1] By Tatiana Bautzer and Manya Saini (Reuters) -Morgan Stanley’s first-quarter profit beat estimates on Tuesday, fueled by a resurgence in investment banking and growth in wealth management, sending shares up 3.7%. Investment banking revenue climbed 16% from a year…

Buy the Dip: A Growth Stock Wall Street Analysts Predict Will Double

[ad_1] While the space industry has been one of the fastest-growing areas of investment over the last few years, one of the biggest gamechangers in the industry is the rising number of firms sending satellites up into space. As such,…

Why Major Currencies and Gold are Safe Havens in Times of Crisis

[ad_1] Safe Havens in Troubled Times In times of economic uncertainty and global turmoil, investors often seek out safe-haven assets to protect their wealth and minimize risk. Among the most popular haven assets are the US dollar, gold, the Swiss…