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Forex
ECB's Schnabel sets bar 'very high' for rate cut as economy holds up
FRANKFURT, July 11 (Reuters) - The hurdle for another interest rate cut by the European Central Bank is "very high" as the euro zone economy is holding up better than expected despite uncertainty over trade, ECB board member Isabel Schnabel said in an interview published on Friday. Having...Reuters
Fri, Jul 11
Commodities
Volkswagen to close joint plant with SAIC in China's Nanjing, reports Handelsblatt
BERLIN, July 11 (Reuters) - Volkswagen VOWG.DE and its Chinese partner SAIC 600104.SS will close their joint plant in the Chinese city of Nanjing, the German daily Handelsblatt reported on Friday.Reuters
Fri, Jul 11
Other
Nigeria says US pressuring Africa to accept Venezuelan deportees
By MacDonald Dzirutwe LAGOS, July 11 (Reuters) - Nigeria's foreign minister said the United States was pressuring African countries to accept Venezuelan deportees, some straight out of prison, but Africa's most populous country could not accommodate them due to its own problems.President ...Reuters
Fri, Jul 11
Commodities
Copper's positive, long-term trajectory unchanged despite US tariff, Barrick CEO says
LUSAKA, July 11 (Reuters) - Copper miners remain bullish on the metal's future prospects even as a looming 50% U.S. tariff creates short-term price volatility, Barrick Mining Corp ABX.TO CEO Mark Bristow said in Zambia, where the company is expanding its operations.Reuters
Fri, Jul 11
Stocks
Crypto Stocks Jump As Bitcoin Rises to $118K; Upexi up 13%; BTCS up 9%; Bit Digital up 8%; Sharplink Gaming up 7%
Crypto stocks jumped in premarket trading on Friday. Upexi rose 13%; BTCS rose 9%; Bit Digital up 8%; Sharplink Gaming rose 7%; Bitfarms up 6%; Canaan, Riot Platforms, MARA rose 4%; Strategy up 3%; Coinbase up 2%.
Stocks
Where Will Alibaba Stock Be in 1 Year?
Key PointsAlibaba stock has bounced back over the past year.The company impressed investors with its stabilizing growth and margins.The stock looks undervalued relative to the company's growth potential.10 stocks we like better than Alibaba Group › Over the past 12 months, Alibaba's (NYSE: BABA) sto...The Motley Fool
Fri, Jul 11
Stocks
Drone Makers Shine As Pentagon Chief Vows to Boost US Drone Production. Red Cat up 12%; Unusual Machines up 8%
Drone Makers shined in premarket trading on Friday. Red Cat up 12%; Unusual Machines up 8%; Ondas, Palladyne, Draganfly, AIRO Group up 5%.US Defense Secretary Pete Hegseth signed a memo Thursday to accelerate modernization of the nation’s drone program, boost domestic production and eliminate regula...Tiger News
Fri, Jul 11
Commodities
EUROPE GAS-Prices decline on stable supply, weak demand
LONDON, July 11 (Reuters) - Dutch and British wholesale gas prices declined slightly on Friday morning amid stable supply and weak demand. The benchmark Dutch front-month contract at the TTF hub TRNLTTFMc1 inched down by 0.17 euro to 35.30 euros per megawatt hour (MWh) by 0814 GMT, while the day-ahe...Reuters
Fri, Jul 11
Stocks
Social Security Is Changing Under President Donald Trump. Here's What Retirees Need to Know.
Key PointsThe Social Security Administration has worked with the Department of Government Efficiency to improve productivity and eliminate unnecessary costs.Social Security changes implemented to date under the Trump administration focus on prudent spending, workforce reductions, overpayment recover...The Motley Fool
Fri, Jul 11
Stocks
Can Shiba Inu Reach $1 in 2025? The Answer Will Make Your Head Spin.
Key PointsShiba Inu's 45,278,000% gain in 2021 highlights the power of speculative frenzies, but they rarely last. The meme token is down 86% from its 2021 peak, as it struggles to find a catalyst capable of attracting new buyers. That said, there is a way Shiba Inu could stage another historic rall...The Motley Fool
Fri, Jul 11
Stocks
Levi Strauss shares stitch gains after hiking forecasts on strong denim demand
** Shares of Levi Strauss & Co LEVI.N rise 7.1% to $21.13 in premarket trading** Co raises its annual revenue and profit forecasts; expects FY25 revenue to grow in the range of 1% to 2%, compared with a prior forecast of 1% to 2% decline** LEVI is banking on strong denim demand in Europe despite...Reuters
Fri, Jul 11
Stocks
Could Buying AST SpaceMobile Today Set You Up for Life?
Key PointsAST SpaceMobile is enhancing global communications with its space-based cellular network.It has formed key partnerships with major telecommunications players, including AT&T and Verizon.Despite historical losses, analysts project significant revenue growth, predicting earnings could become...The Motley Fool
Fri, Jul 11
Other
Exclusive: TMK marine reinsurance buildout continues with TransRe's Townsend
By Michael JonesJuly 9 - (The Insurer) - Tokio Marine Kiln (TMK) has strengthened its marine treaty operations with the hire of former TransRe underwriter Emily Townsend, three senior marine market sources told The Insurer.These sources said that Townsend exited TransRe earlier this year for a brief...Reuters
Fri, Jul 11
Stocks
Is Palantir a Buy?
Key PointsPalantir is now the 29th most valuable company in the world.It is bringing in more contracts from the U.S. government and commercial clients.You have to come to terms with its valuation before buying the stock.10 stocks we like better than Palantir Technologies › Palantir Technologies (NAS...The Motley Fool
Fri, Jul 11
Cryptocurrencies
SHIB Price Prediction: Shiba Inu Bulls Are Back, But This Potential 50x Star Is Stealing The Market’s Attention
Shiba Inu Price Prediction is heating up once again as SHIB trades at $0.00001240, an increase of 2.62% in the past 24 hours. Its new momentum is attracting bullish pressure throughout the market. However, although most predict SHIB to go even higher, some believe a new player on the field, Remittix (RTX), may fetch even […]Cryptopolitan
Fri, Jul 11
Cryptocurrencies
Bitcoin Hit ATH Right After Retail Gave Up—Classic Contrarian Move?
On-chain data shows the Bitcoin retail investors had been showing an exodus in the leadup to the breakout to a new all-time high (ATH). Bitcoin Total Amount Of Holders Saw A Decrease Recently According to data from the on-chain analytics firm Santiment, there has been a drop in Bitcoin retail invest...Bitcoinist
Fri, Jul 11
Stocks
This Company Is Giga-Bullish About Solana. But Should You Buy the Stock or the Coin?
Key PointsBuying crypto treasury company shares means getting leveraged exposure to the coin.You'll pay for that privilege. One treasurer in particular might be offering a bit more than the bare minimum here.10 stocks we like better than Solana › When gold prospectors ran out of shovels, savvy merch...The Motley Fool
Fri, Jul 11
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