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Goldman Sachs Upgrades Occidental Petroleum (OXY) Stock to Buy with $69 Target
Ormat Technologies stock falls after UBS downgrade to neutral
Global software stocks rally after Accenture reports strong earnings
Wall St set for higher open tech gains offset bond-market jitters
EU sees worrying rise in imports from China, official says
Chile’s Kast Finds More Room to Spend as Copper Revenue Surges
Christine Lagarde: Where AI risks meet
Nvidia (NVDA) Stock Approaches Record Territory With Major Events on Horizon
Europe Holds Emergency Diesel Talks Amid US Pressure
US Benchmark 10-Year Yield Briefly Hits Highest Since 2002
Paramount’s $41 Billion of M&A Bonds Slump as Trading Begins
SK Hynix Mega-Listing Maintains US IPO Momentum in Third Quarter
Jordan FinTech Academy and MENA Fintech Association Sign Cooperation Agreement
StraitsX to Launch First SGD-Denominated Stablecoin on Monad Network
Walmart Introduces Light-Up Digital Shelf Labels to Enhance Shopping Experience
French 5-Year Credit Default Swaps Reach Multi-Year High
Marex Launches OTC Rolling Spot Crypto Product for Institutional Clients
Trump Considers Preemptive Pardons for Administration Members
Gold stabilize amid softer inflation data, elevated yields
Enerflex spikes on 450 MW data center power contract
Exclusive-US slows aircraft-part exports to China as Trump seeks leverage in trade negotiations, sources say
HDFC Bank Says India Regulator Approves Anup Bagchi as CEO
Iliad Solutions Expands US Team with New Appointment
Tokenovate Appoints William L’Heveder as Chief Revenue Officer
Gulf Oil Exports Recover Despite Regional Tensions, Brent Prices Remain High
Iran to Pursue Ongoing Dialogue with the United States
Miami Project Sells $1.7 Billion of Apartments Before It’s Built
Driver received warning before fatal Bedfordshire rail crash, report finds
U.S. Jobless Claims Fall for the Fourth Straight Week
Iplicit Expands Operations with New Office in Newcastle, UK
Chicago Fed Reports U.S. Unemployment Rate at 4.1% for September
FTSE 100 today: Stocks fall as gilt yields top 6%, U.S.-Iran standoff drags
American Battery Technology stock surges on export approval
US weekly jobless claims fall; layoffs drop in September
U.S. Initial Jobless Claims Fall Below Expectations, Boosting Economic Sentiment
Bonds fend off bears; Micron results boost tech stocks
BoE’s Mann criticises monetary policy response to Iran shock
Greer Pushes Europe on Diesel Release as He Hosts G20 Partners
France Seeks to Win Over Markets and Lawmakers With Deficit Plan
Revolut Enhances Loyalty Programme with In-App Hotel Transfers
Bank of England Must Raise Rates to Maintain Credibility, Mann Says
US Initial Jobless Claims Slip to 197,000, Lowest Since July
The Payments Association Acquires European Sister Organization
German Economy Ministry Confirms No New Diesel Reserve Requirements from IEA
Fed’s Kashkari Says He Doesn’t Know How High Rates Must Go
Brazil Steelmakers See New Import Threats as China Share Falls
Gresham Launches AI-Enabled Application for Financial Reconciliation
US Weekly Initial Jobless Claims Remain Low at 197,000
European Nations Discuss Diesel Reserves Amid Price Surge
Alphabet today launching AI chips into space on SpaceX rocket
What’s moving TSX today: rising yields, oil swings weigh on Canadian stocks
Wall St futures gain as AI, consulting stocks offset bond-market jitters
Wall Street Opens October With Mixed Signals as Bond Yields Surge to Multi-Decade Highs
Canada fights stigma over standing liquidity facility
Weil Set to Lose Key UK Private Equity Partners as Exits Mount
Europe Holds Emergency Diesel Talks as US Pressure Mounts
Wei Li on AI Scarcity, Bond Selloff, Energy Price Shock
South Africa Stocks Flash Oversold Signal After $97 Billion Rout
U.S. Economy Shows Unexpected Resilience, Says Federal Reserve Official
Thursday’s Market Highlights: Micron (MU), Alphabet (GOOGL), Constellation Energy (CEG), and Vicor (VICR) Drive Trading Activity
Russian Budget Plans Three Years of Record War Spending
Indian bond yields hit highest level since April 2024
Barclays lifts Bloom Energy target to $308 on factory expansion, utility shift
Jim Cramer Urges Investors to Buy Apple (AAPL) Stock Over $1,999 Foldable iPhone Duo
McCormick (MKC) Stock Surges 4% on Quarterly Earnings Surprise
SharonAI (SHAZ) Secures $356M GPU-Backed Financing to Accelerate AI Infrastructure Growth
Travelodge Accused of ‘Systemic Failures’ After Hotel Assault
Fed’s Kashkari Says He Doesn’t Know How High Rates Need to Go
Fed ‘Will Do What We Need to Do’ on Inflation, Kashkari Says
Citi Increases Bitcoin Price Target to $113,000
Citi has raised its 12-month price target for Bitcoin to $113,000, up from a previous estimate of $82,000. This adjustment suggests a potential increase of approximately 35% from current trading levels, which are around $83,900.
The bank cites several factors contributing to this optimistic outlook, including renewed concerns over currency debasement, improved regulatory clarity, and the growing adoption of Bitcoin among investors. Additionally, Citi anticipates that inflows from exchange-traded funds (ETFs) will remain stable, further supporting demand as institutional interest in Bitcoin continues to rise.
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Source: KLEA News