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Stocks
Adidas up after JPM puts it on positive catalyst watch, Puma slips on rating cut
** Shares in Adidas ADSGn.DE are up around 3% after J.P.Morgan placed it on positive catalyst watch ahead of its Q3 results and Jefferies upgrade to "buy" from "hold"** Peer Puma PUMG.DE slips around 2% after JPM cut it to "underweight" from "neutral"** JPM says that ...
Reuters
Wed, Sep 3
Stocks
Playing the Lottery Likely Won't Make You Rich -- But Amazon Just Might
Key PointsAbout half of Americans play the lottery -- but most players end up losing. The S&P 500 and many individual stocks offer a much better track record. 10 stocks we like better than Amazon › As potential lottery winnings climb, and when you see a Powerball player strike the jackpot, you may i...
The Motley Fool
Wed, Sep 3
Stocks
Jensen Huang Just Delivered Incredible News for Nvidia Stock Investors
Key PointsNvidia has become the world's largest company on the back of demand for its artificial intelligence chips. Nvidia's incredible momentum might have legs if a recent prediction by CEO Jensen Huang comes to fruition. Nvidia stock might be cheap right now based on its historical valuation and...
The Motley Fool
Wed, Sep 3
Forex
Pound Sterling extends decline amid surging UK Bond yields
The Pound Sterling (GBP) extends losses and trades cautiously near an almost four-week low around 1.3370 against the US Dollar (USD) during the European trading session on Wednesday.
GBP/USD
Fxstreet
Wed, Sep 3
Economic Indicator
Chinese Zara rival Urban Revivo steps up global push with new stores in fashion capitals
Urban Revivo targets 200 overseas stores in five yearsTo launch on Wednesday its second London store this yearProduct development is key challenge in Western marketsBy Casey HallSHANGHAI, Sept 3 (Reuters) - China's Urban Revivo will open a nearly 2,700-square-metre store in London on Wednesday, ...
Reuters
Wed, Sep 3
Stocks
Sluggish Sales and a Change in CEO: Is Target's Stock Destined to Go Lower?
Key PointsTarget recently appointed a new CEO, Michael Fiddelke, to take over from Brian Cornell next year.Fiddelke is an internal hire, which looks to have disappointed investors who were looking for drastic changes.Target's top line has been fairly stagnant in recent years.10 stocks we like better...
The Motley Fool
Wed, Sep 3
Cryptocurrencies
BTC, ETH, XRP Rally as AI Quant Trading Platforms Open Doors to Retail Investors
United Kingdom — In the past week, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) have all experienced a sharp rally, reigniting global investor enthusiasm. Yet while Wall Street institutions continue to profit consistently, ordinary investors are left wondering: Is there finally a smarter way to participate in the market? For decades, Wall Street has relied on […]
Cryptopolitan
Wed, Sep 3
Other
Denmark to host meeting of Zelenskiy, Nordic-Baltic leaders on Wednesday
COPENHAGEN, Sept 3 (Reuters) - Denmark's Prime Minister Mette Frederiksen will host Ukraine's President Volodymyr Zelenskiy and Nordic and Baltic leaders for a meeting in Copenhagen on Wednesday, she said in a statement.
Reuters
Wed, Sep 3
Stocks
Google Stock Jumps 6% and Apple Share Rises 3% After Google Dodges Worst Penalties in U.S. Antitrust Case
A federal judge ruled that Google can keep its Chrome browser but will be barred from exclusive contracts.U.S. District Judge Amit Mehta’s decision comes nearly one year after he ruled Google illegally held a monopoly in internet search in the landmark antitrust case.Google paysApple billions per ye...
Tiger News
Wed, Sep 3
Forex
Eurozone HCOB Services PMI below forecasts (50.7) in August: Actual (50.5)
Eurozone HCOB Services PMI below forecasts (50.7) in August: Actual (50.5)
EUR/USD
Fxstreet
Wed, Sep 3
Forex
Eurozone HCOB Composite PMI below forecasts (51.1) in August: Actual (51)
Eurozone HCOB Composite PMI below forecasts (51.1) in August: Actual (51)
EUR/USD
Fxstreet
Wed, Sep 3
Cryptocurrencies
One Major Reason Bitcoin Hasn’t Reached $150,000, According To Trump’s Crypto Advisor
Bitcoin (BTC) has experienced a significant correction this week, retracing over 10% from its all-time highs above $124,000. Despite this downturn, many remain optimistic about the cryptocurrency’s potential for further gains in the coming months. David Bailey, CEO of Bitcoin Magazine and a cr...
NewsBTC
Wed, Sep 3
Economic Indicator
Euro zone economic growth remains sluggish in August, PMI shows
Services growth slows, manufacturing improves, new orders rise slightlySpain leads euro zone business growth, France remains in contractionPrice pressures rise, complicating ECB's inflation outlook September 3 (Reuters) - The euro zone economy kept expanding at a snail's pace in August as...
Reuters
Wed, Sep 3
Cryptocurrencies
Ripple–Thunes Deal Targets Faster Payments Across 7 Billion Accounts
Ripple and Thunes announced an expansion of their partnership aimed at accelerating cross-border settlement across a network that connects to over 7 billion mobile wallets and bank accounts worldwide on Tuesday, September 2. Building on a collaboration first established in 2020, the companies said t...
Bitcoinist
Wed, Sep 3
Economic Indicator
German engineering orders up 4% in July on strong demand from outside euro zone
BERLIN, Sept 3 (Reuters) - German engineering orders rose 4% in July from a year ago, with strong demand from non-euro zone countries offsetting stagnant domestic demand, but overall momentum remains subdued this year, engineering association VDMA said on Wednesday.Domestic orders and those from eur...
Reuters
Wed, Sep 3
Stocks
Bitcoin Is Down 12% From Its August Record. Will It Continue to Fall?
Key PointsA flash crash in August triggered Bitcoin's sell off.The world's largest cryptocurrency has not yet rebounded.After Federal Reserve Chair Jerome Powell hinted at a September rate cut, many might have thought Bitcoin and other cryptos would rise.10 stocks we like better than Bitcoin › Bitco...
The Motley Fool
Wed, Sep 3
Economic Indicator
US JOLTS Job Openings expected to edge slightly lower in July
The Job Openings and Labor Turnover Survey (JOLTS) will be released on Wednesday by the United States (US) Bureau of Labor Statistics (BLS). The publication will provide data about the change in the number of Job Openings in July, alongside the number of layoffs and quits.
Fxstreet
Wed, Sep 3
Economic Indicator
Turkey Exports dipped from previous $24.9B to $21.8B in August
Turkey Exports dipped from previous $24.9B to $21.8B in August
Fxstreet
Wed, Sep 3
Forex
Germany HCOB Services PMI came in at 49.3, below expectations (50.1) in August
Germany HCOB Services PMI came in at 49.3, below expectations (50.1) in August
EUR/USD
Fxstreet
Wed, Sep 3
Forex
Germany HCOB Composite PMI below expectations (50.9) in August: Actual (50.5)
Germany HCOB Composite PMI below expectations (50.9) in August: Actual (50.5)
EUR/USD
Fxstreet
Wed, Sep 3
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