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IPOs 2024: U-BX Technology Needs To Work On Its Business Model

IPOs 2024: U-BX Technology Needs To Work On Its Business Model

Photo Credit: Sasin Tipchai from Pixabay Earlier this year, Chinese insurance tech solutions provider U-BX Technology (Nasdaq : UBXG) listed in the US. The company has had a disappointing run so far. U-BX’s Offerings Beijing, China-based U-BX was set up in 2018 with a focus on providing value-added services to businesses within the property and auto insurance industry […]
S&P 500 Earnings Dashboard 24Q2 – Friday, Sept. 27

S&P 500 Earnings Dashboard 24Q2 – Friday, Sept. 27

Image Source: Pexels S&P 500 Aggregate Estimates and Revisions 24Q2 Y/Y earnings are expected to be 13.2%. Excluding the energy sector, the Y/Y earnings estimate is 14.0%. Of the 499 companies in the S&P 500 that have reported earnings to date for 24Q2, 79.4% reported above analyst expectations. This compares to a long-term average of 66%. The 24Q2 Y/Y blended revenue growth estimate is 5.5%. If the energy sector is […]
Do The Math Without Revisions – It’s Not Working. The Corn And Ethanol Report

Do The Math Without Revisions – It’s Not Working. The Corn And Ethanol Report

We kicked off the day with Core PCE Prices MoM & YoY, Personal Income MoM, Personal Spending MoM, Trade Balance Adv., PCE Price Index MoM & YoY, Retail Inventories Ex Autos MoM Adv., and Wholesale Inventories Adv. At 7:30 A.M., Michigan Consumer Sentiment Final, Michigan 5-Year Inflation Expectations Final, Michigan Current Conditions Final, and Michigan […]
Benign U.S. Inflation Allows The Fed To Focus On Jobs

Benign U.S. Inflation Allows The Fed To Focus On Jobs

The Federal Reserve’s favoured price measure is on the correct glidepath to 2% annual inflation. This allows officials to focus more on the growth and jobs backdrop. With income growth looking tepid and households noticing a downshift in the jobs market, pricing for substantial Fed policy easing looks set to persist.Image Source: Pexels Inflation is looking […]
Slide In Energy Contrasts With Rallies Elsewhere In Commodities

Slide In Energy Contrasts With Rallies Elsewhere In Commodities

The case for categorizing commodities as one asset class has always been a shaky affair based on convenience rather than logic. The economic factors driving prices of specific types of raw materials varies widely and so a more nuanced view from an asset allocation perspective is compelling. Recent market trends tell the story.Energy may be […]
Visa Bets Big On AI With Featurespace Acquisition, Stock Gains

Visa Bets Big On AI With Featurespace Acquisition, Stock Gains

Image courtesy of 123rf.com Visa Inc. (NYSE: V), the global leader in digital payments, has announced a definitive agreement to acquire Featurespace, a pioneering developer of real-time AI payments protection technology. The acquisition, expected to close in fiscal year 2025, marks a significant move in Visa’s ongoing efforts to enhance its fraud detection and risk-scoring capabilities. While […]
Crypto market will skyrocket as soon as CZ announces his return, says CryptoQuant CEO

Crypto market will skyrocket as soon as CZ announces his return, says CryptoQuant CEO

Key Takeaways CryptoQuant CEO predicts market surge linked to CZ’s potential early release. Recent cryptocurrency gains may align with anticipation of CZ’s return from prison. Share this article CryptoQuant CEO Ki Young Ju predicts that as soon as Binance founder Changpeng Zhao (CZ) announces his return, the crypto market “will skyrocket.” CZ is getting out […]
Cocoa Commodity Elliott Wave Technical Analysis – Friday, September 27

Cocoa Commodity Elliott Wave Technical Analysis – Friday, September 27

Cocoa Elliott Wave AnalysisAfter reaching an all-time high of 11,722 in April 2024, Cocoa prices have entered a corrective phase, with the market still within this consolidation period. Since May 2024, Cocoa has traded predominantly below the 10,000 mark, suggesting that the ongoing bearish correction could extend further. It is anticipated that this corrective cycle will continue […]
Liquid restaking protocol Bedrock adopts Chainlink Proof of Reserve after $2M exploit

Liquid restaking protocol Bedrock adopts Chainlink Proof of Reserve after $2M exploit

Key Takeaways Bedrock integrates Chainlink Proof of Reserve following a $2M uniBTC exploit. Chainlink’s platform supports over $15 trillion in transactions, enhancing Bedrock’s security layers. Share this article Bedrock, a multi-asset liquid staking protocol, is adopting Chainlink Proof of Reserve (PoR) to enhance its minting function’s security after the protocol was hit by a security […]
Bitcoin And Ethereum: Bitcoin Increasingly Safe Above $65000

Bitcoin And Ethereum: Bitcoin Increasingly Safe Above $65000

Bitcoin chart analysisLast night, Bitcoin’s price climbed to a new weekly high at the $65851 level. Soon after, we saw a pullback to support at the $64800 level. The price formed a new bottom and started a bullish consolidation, returning again above the $65000 level. We are now at $65450, and everything indicates that we […]