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XRP Just Caught Another Huge Break. Here's Why It's a Screaming Buy With $1,000.
Holders of XRP (CRYPTO: XRP) are likely rejoicing: With one of the cryptocurrency's biggest potential problems now in the rear-view mirror, there's reason to believe that plenty of growth is on the way.Indeed, the coin could even appeal to investors who might have been loath to buy it before. Here's...The Motley Fool
Mon, Mar 24
Should You Forget Rigetti Computing and Buy This Millionaire-Maker Stock Instead?
Rigetti Computing (NASDAQ: RGTI) took investors on a wild ride since its public debut three years ago. The quantum computing company went public by merging with a special purpose acquisition company (SPAC), and its stock opened at $9.75.But by May 3, 2023, its stock sunk to an all-time low of $0.38....The Motley Fool
Mon, Mar 24
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025May 6-7 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)June 17-18 (second day: statement released 1400 EDT/1800 ...Reuters
Mon, Mar 24
US stocks weekly: March madness
** S&P 500 .SPX breaks four-week losing run, bounces 0.5% .N** Dow .DJI gains ~1%, ends up for the first time in three weeks, while Nasdaq Composite .IXIC ekes out 0.2% gain for its first advance in five weeks** In any event, might the seasonal change spark a fresh start?** And despite a choppy ...Reuters
Mon, Mar 24
BofA starts HBX with 'buy', sees 91% upside potential
** BofA starts coverage on Spanish travel technology company HBX Group HBX.MC with "buy" rating, predicting a 91% upside potential ** The broker sees HBX's revenues outpacing the market at an 8.5% CAGR in 2024-2029** The bank cites key drivers such as bundling mobility and experience, w...Reuters
Mon, Mar 24
Tesla up 4% premarket, riding on Musk's 'hold' recommendation
** Tesla TSLA.O rises 4% to $258.70 premarket, after closing 5.3% higher on Friday** On Thursday, CEO Elon Musk urged employees to "hold onto your stock" and focused on previously promised products such as autonomous taxis and humanoid robots** YTD, TSLA sheds 38.4% amid rising competition, ...Reuters
Mon, Mar 24
Is Coca-Cola the Best Warren Buffett Stock to Buy Right Now?
If I were Warren Buffett, I probably wouldn't be able to wipe the smile off my face. While the overall stock market has fallen this year, his beloved Berkshire Hathaway has delivered an impressive gain of around 17%.Moreover, several stocks in Berkshire's portfolio have been big winners in 2025. The...The Motley Fool
Mon, Mar 24
Could a Recession Affect Medicare?
Greater than 50%. Those are the odds DoubleLine Capital CEO Jeffrey Gundlach, who some call the "bond king," gives for a U.S. recession within the next few quarters. Gundlach acknowledged in an interview with CNBC that he thinks the probability of a recession is "higher than most people believe." Ho...The Motley Fool
Mon, Mar 24
JPM sees metal prices and equities recovery in Q1
** JPMorgan upgrades European mining and metals sector to "overweight" from "underweight," expecting recovery for metal prices and equities in late Q1, as Chinese economic stimulus expands** JPM says metal equities are underperforming metal prices by about 5% year-to-date, due mainly...Reuters
Mon, Mar 24
Russian rouble strengthens as Russian, US officials start talks in Saudi Arabia
MOSCOW, March 24 (Reuters) - The Russian rouble strengthened on Monday as U.S. and Russian officials began talks in Saudi Arabia aimed at making progress towards a broad ceasefire in Ukraine. By 0930 GMT, the rouble was up 1% at 83.60 against the dollar in the over-the-counter market. The rouble und...Reuters
Mon, Mar 24
DBV Technologies falls after early spike as operations warning overshadows FDA deal
** Shares in French biopharmaceutical firm DBV Technologies DBV.PA spiked before reversing course, as an FDA agreement contrasted with annual loss and doubts on continued operations fuel mixed sentiment** The shares jumped 8.4% at market open to their highest since mid-January, then reversed course ...Reuters
Mon, Mar 24
Is SPDR Gold Trust a Millionaire Maker?
The U.S. stock market has had a rough start to 2025. The S&P 500 recently entered a correction, and while it quickly bounced back, the index remains below where it was in early January. Meanwhile, the SPDR Gold Trust (NYSEMKT: GLD) has surged 15% this year and 40% over the past 12 months.The SPDR Go...The Motley Fool
Mon, Mar 24
SY Holdings Partners with Shopee to Empower China’s Sellers in Southeast Asia Expansion
Recently, SY Holdings Group Limited (“SY Holdings”, Stock Code: 06069.HK), a leading "AI+ industrial supply chain" digital technology company, announced a strategic partnership with Shopee, Southeast Asia’s largest e-commerce platform. The collaboration will leverage e-commerce ecosystem integration and digital technology to jointly launch cross-border e-commerce supply chain liquidity solutions, empowering Chinese brands to accelerate their expansion into the Southeast Asian market.Shopee, which dominates e-commerce in Southeast Asia, operates in over 10 markets including Singapore, the Philippines, and Malaysia, boasting more than 7 million active sellers and reaching over 1 billion potential consumers. In 2024, Shopee recorded over 10 billion orders and a gross merchandise volume (GMV) exceeding $100 billion. Its parent company, Sea Group (Stock Code: SE.US), is the first Southeast Asian internet company listed on the New York Stock Exchange (NYSE), with a current market capitalization exceeding $70 billion. Tencent (Stock Code: 00700.HK) is its largest shareholder.Against the backdrop of China’s efforts to cultivate new momentum for foreign trade, SY Holdings will collaborate with Shopee to help Chinese sellers capture the growth opportunities of China’s rapidly expanding cross-border e-commerce sector. Preliminary statistics from China Customs indicate that cross-border e-commerce imports and exports reached RMB 2.63 trillion in 2024, a year-on-year increase of 10.8%, solidifying its role as a key driver of China’s foreign trade growth. Additionally, according to data disclosed by Amazon and third-party institutions, the number of Chinese cross-border e-commerce sellers (accounts) has surpassed 2.4 million, with small and micro-sized sellers (annual revenue below RMB 2.1 million) accounting for over 55% of the market, gradually becoming the core force in industry development. Notably, as one of the main battlefields for Chinese sellers’ overseas expansion, the Southeast Asian e-commerce market holds immense potential, with a growth rate of 18.6%—the highest globally. According to the 2023 Southeast Asia Digital Economy Report jointly released by Google, Temasek, and Bain & Company, Southeast Asia’s e-commerce GMV reached approximately $139 billion in 2023 and is projected to reach $186 billion by 2025.SY Holdings noted that Southeast Asia, geographically adjacent to China, is one of the world’s most promising regions for e-commerce development and an emerging blue ocean market for Chinese sellers’ overseas expansion. With increasing numbers of Chinese brands entering cross-border e-commerce platforms to "go global," liquidity management has become a core competitive advantage for sellers to capture overseas markets. The liquidity solutions launched by SY Holdings and Shopee will not only attract more Chinese sellers to join Shopee but also drive a reshaping of the seller landscape in the Southeast Asian e-commerce market. Sellers with stronger and more abundant liquidity will be better positioned to flexibly respond to market changes, formulate effective pricing strategies and promotional plans, rapidly expand market scale and competitive advantages, and deepen the penetration of Chinese brands among Southeast Asian consumers. Looking ahead, SY Holdings expects to reach millions of potential Chinese sellers, unlocking a multi-billion-dollar liquidity market in cross-border e-commerce.As an "AI+ industrial supply chain" digital technology company, SY Holdings actively responds to policies advocating for high-quality cross-border e-commerce development and stability and quality improvement in the foreign trade ecosystem. It continues to prioritize strategic emerging industries such as cross-border e-commerce. In the future, SY Holdings will further deepen its ecosystem integration with cross-border e-commerce platforms, leveraging its "transaction-centric" risk management model to accurately assess and address the funding needs of e-commerce merchants. By dynamically analyzing market trends, it will assist merchants in capturing business opportunities and providing flexible liquidity solutions, empowering Chinese sellers to "sell globally" and Chinese brands to reach the world.24/03/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Mon, Mar 24
Social Security Is Changing Under President Trump, but Benefit Cuts Are Still Possible in the Next Decade
President Trump during his campaign proposed ending taxes on Social Security benefits. But that change is unlikely for one reason: Social Security already faces a serious financial problem that may lead to trust fund insolvency and benefit cuts within 10 years. Ending taxes on benefits would make th...The Motley Fool
Mon, Mar 24
Germany's SAP overtakes Novo Nordisk as Europe's largest company
LONDON, March 24 (Reuters) - German software company SAP .SAPG.DE overtook Danish healthcare company Novo Nordisk NOVOb.CO as Europe's largest company by market cap on Monday. At 0900 GMT, SAP had a market cap of $340 billion, slightly more than Novo Nordisk, according to Reuters calculations us...Reuters
Mon, Mar 24
Kenvue up after report TOMS Capital pushing for sale, separation
** Shares of consumer health co Kenvue KVUE.N rise 1.20% to $23.60 premarket** TOMS Capital Investment Management has taken a stake in KVUE and is pushing for changes, Bloomberg News reported on Sunday** The New York-based hedge fund is urging KVUE to consider a full sale or separation of some asset...Reuters
Mon, Mar 24
Billionaire Stanley Druckenmiller Jettisoned Shares of Palantir and Nvidia, and Is Piling Into 3 High-Profile Turnaround Stocks
Data is abundant, if not overwhelming, on Wall Street. Between earnings season -- the six-week period when a majority of S&P 500 companies unveil their quarterly operating results -- and near-daily economic data releases, it can be easy to miss something important.For instance, investors might have ...The Motley Fool
Mon, Mar 24
23andMe slumps after filing for bankruptcy protection
** Shares of genetic testing firm 23andMe ME.O fall 42.5% to $1.03 premarket** On Sunday, ME filed for Chapter 11 bankruptcy protection to facilitate the sale of co** Co's CEO, Anne Wojcicki, has resigned after her attempts to buy out the company were rejected multiple times** Wojcicki plans to ...Reuters
Mon, Mar 24
Turkey stocks stage cautious rally after last week's plunge, Istanbul mayor arrest
By Canan Sevgili March 24 (Reuters) - Turkish stocks rose 3.1% on Monday to claw back some of the previous week's hefty losses, with the capital markets board banning short selling and tensions in the country rising after a court jailed Istanbul Mayor Ekrem Imamoglu pending a trial.The Borsa ...Reuters
Mon, Mar 24
