April 29, 2025 1:52 pm
Key Moments: US-listed Bitcoin ETFs attracted more than $3 billion in net inflows last week. The momentum did not slow on Monday, as SoSoValue data suggests daily inflows reached $591.3 million. Bitcoin was volatile on Tuesday, hovering around the $95,000 mark. Institutional Demand Shows no Signs of Waning A massive influx of institutional cash saw […]
Read moreApril 29, 2025 11:02 am
Key Moments: Chinese authorities informed AstraZeneca of a potential $8 million fine stemming from unpaid import taxes. The company said the taxes in question appear tied to imports of its breast cancer drug Enhertu. The company’s stock fell 3.04% on Tuesday. Core earnings beat forecasts at $2.49 per share in Q1, but revenue fell short […]
Read moreApril 29, 2025 8:01 am
Key Moments: MedCap AB reported a 7% increase in net sales for Q1 2025, reaching SEK 493.8 million. The EBITA margin recovered to 17% despite a 6% drop in EBITA. Assistive Tech drove growth with a 29% sales surge, while Specialty Pharma underperformed due to continued product headwinds. The company’s stock price fell on Tuesday, […]
Read moreApril 28, 2025 11:48 am
Key Moments: Bitcoin hit $95,523 on Monday during a 1.87% rally. Over $3.06 billion in net inflows into US Bitcoin ETFs were observed over the past week. A weakening dollar may be contributing to investors’ pivot toward Bitcoin. Bitcoin Breaches $95,500 Amid $3.06B Inflow Into Bitcoin ETFs On Monday, Bitcoin experienced an upward trajectory of […]
Read moreApril 28, 2025 10:07 am
Key Moments: On Monday, Deliveroo disclosed the suspension of its £100 million ($133.13 million) share buyback plan. The decision follows a proposal from DoorDash to acquire Deliveroo for £2.7 billion ($3.6 billion). Deliverboo’s stock price enjoyed a significant jump, skyrocketing by 17.60%. Deliveroo Suspends Share Repurchase Program Deliveroo ROO has put a stop to its […]
Read moreApril 28, 2025 8:08 am
Key Moments: The European soft drinks sector is a significant economic force, responsible for over 1.8 million jobs and the generation of €242 billion in value throughout its supply network. UNESDA President Andrew McMillin emphasizes innovation and regulatory reform as crucial to ensuring industry competitiveness. Since 2000, the sector has achieved a 33.9% overall reduction […]
Read moreApril 25, 2025 1:35 pm
Key moments Friday witnessed the EUR/USD pair decline by 0.30%. The US Dollar Index (DXY) rose 0.36% to 99.647. Commentary by ECB officials and reports of trade dispute de-escalation in Asia contributed to market sentiments. Euro Under Pressure Amid Dollar Index Uptick On Friday, the euro experienced a decline against the US dollar, with the […]
Read moreApril 25, 2025 11:24 am
Key moments Alphabet’s stock leaped over 5% on Friday. Class A shares rose to $167.50, while Class C shares almost reached $170. Revenue surged 12% to $90.2 billion in the first quarter. Net income grew even further, surging 46% to hit $34.5 billion. The company will be issuing $70 billion in stock buybacks. Alphabet Shares […]
Read moreApril 24, 2025 2:46 pm
Key moments ServiceNow reported earnings per share of $4.04 for Q1 2025, while its revenue reached an exceptional $3.09 billion. These figures provided a notable boost to the company’s stock, which soared 15.55%. The Q1 results garnered positive reactions from analysts at RBC Capital and TD Cowen. Robust Revenue Sends ServiceNow Stock Skyward by 15.55% […]
Read moreApril 24, 2025 1:56 pm
Key moments The exchange rate between the British pound and the United States rose by 0.41% on Thursday. The US Dollar Index has not yet reached the 100 mark. Tariff uncertainties once again played a role in the dollar’s depreciation. Pound Appreciates 0.41% Against Dollar The GBP/USD pair has risen by 0.41%, reaching a level […]
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