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FedEx could unlock $10-20bln in shareholder value from potential freight spin-off
Investing.com -- FedEx Corporation (NYSE:FDX) could unlock $10 billion to $20 billion in incremental shareholder value by spinning off its freight business into a standalone company, Barclays (LON:BARC) analysts said in a note.Investing.com
Nov 27, 2024
Drug cartels are reportedly using Tether (USDT) for money laundering
Recent reports claim that drug cartels dealing in cocaine have started using Tether (USDT) in their money laundering activities in North and South America. These organizations are said to use the stablecoin to transfer funds and cash rapidly and anonymously across borders.
USD/CAD drifts lower to near 1.4050, potential downside seems limited amid Trump tariff threat
The USD/CAD pair trades with mild losses around 1.4055 during the early Asian session on Wednesday. The Canadian Dollar (CAD) recovers some lost ground after reaching a 55-month low due to US President-elect Donald Trump vowing tariffs on Mexico and Canada and extra tariffs on China.
Fxstreet
Nov 27, 2024
CrowdStrike beats Q3 estimates on cybersecurity demand
Investing.com -- Cybersecurity firm CrowdStrike Holdings Inc (NASDAQ:CRWD) on Tuesday reported a better than expected quarterly earnings on the back of strong demand for its cybersecurity products at a time when there is rising online threats fueled by the use of artificial intelligence (AI).Investing.com
Nov 27, 2024
EUR/USD flattens near 1.05 in the run-up to EU inflation figures
EUR/USD cycled the 1.0500 handle on Tuesday, with Fiber price action drifting into the near-term middle ground as directional momentum drains out of the pair. The economic calendar is an overall thin affair this week, with the US Thanksgiving holiday on Thursday trimming late-week market momentum.
Fxstreet
Nov 27, 2024
Dell Technologies Q3 revenue falls short of estimates as weak PC demand weighs
Investing.com -- Dell Technologies reported Tuesday third second-quarter results as earnings beat, but revenue fell short of Wall Street estimates as strength in AI-related growth was offset by soft PC demand.Investing.com
Nov 27, 2024
Goldman strategists outline five reflation, tariff hedges for 2025
Investing.com -- As the 'Goldilocks' market backdrop over the past year moves into the rearview mirror, the prospect of a reflationary environment following a Republican sweep threatens risky assets, Goldman Sachs says, outlining five reflation and tariff hedges for 2025.
Trump to impose a 25% tariff on Canada, Mexico; 10% more on China
Donald Trump said that one of his many first Executive Orders on January 20th would be to impose a 25% tariff on all products from Mexico and Canada. He added that China would be charged an additional 10% tariff on top of any other tariffs on all Chinese goods coming into the United States.Cryptopolitan
Nov 26, 2024
Solana’s monthly DEX volume surpasses $100 billion for the first time
According to DefiLlama data, Solana has realized a total of over $109.8 billion in DEX trading volume so far in November. The recent surge represents an increase of over 100% compared to last month’s trading volume of $52.5 billion.Cryptopolitan
Nov 26, 2024
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Market Movers
Delta Air Lines Inc Stock (DAL) Moved Down by 5.05% on Nov 12: What Investors Need To Know
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