Author: Anthony M. Orbison

Nio (NYSE: NIO) shares have been soaring this week. China has a plan for accelerating growth, and the electric vehicle (EV) maker could be one big beneficiary. But even prior to China’s economic stimulus making an impact, there are signs that Nio’s business is getting in better shape.Investors recognized that this week and pushed Nio shares up by about 24% as of late morning Friday, according to data provided by S&P Global Market Intelligence.Green shoots for EV demandU.S.-listed Chinese stocks got a big boost this week when China’s central bank eased monetary policy and provided fiscal support for businesses and…

The copper sector involves companies engaged in the exploration, mining, refining, and distribution of copper. This versatile metal is crucial for construction, electronics, and renewable energy technologies. Copper stocks represent ownership in these companies traded on public exchanges. The sector’s performance often reflects global economic health and infrastructure development trends. Investing in copper stocks can offer several potential benefits. Copper demand tends to increase during periods of economic growth and urbanization. The metal’s role in green technologies may drive long-term demand. Many copper companies pay dividends, appealing to income-focused investors. However, copper stocks also face challenges. The sector is cyclical,…

Este artículo también está disponible en español. Following a long six-month corrective phase, Polkadot (DOT) is attracting interest once more; some analysts think the token might be about to undergo a major bullish reversal. Among these, a market analyst referred to as “Worlds of Charts” notes that there has been an emerging pattern of a falling wedge at times interpreted as a sign of an imminent upward break. Related Reading Polkadot’s technical configuration has been consistently gathering steam. investors are attentively observing what might be a notable rise coming for the thriving altcoin. $Dot#Dot Polkadot Is Exhibiting Signs Of Reversal…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US private equity investor General Atlantic has made an offer to buy London-listed Learning Technologies Group for more than £800mn, according to people with knowledge of the matter. General Atlantic has offered about £1 per share for Learning Technologies, these people said, adding that there is no guarantee a deal will be reached. The people added that other private equity groups had also been looking at the company as a possible acquisition target. Shares in LTG jumped 18 per cent to 88p…

Transcript:Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today.Fresh data released Friday seemed to support the Federal Reserve’s September rate cut. The Personal Consumption Expenditures Index showed inflation rose 2.2 percent in August compared to a year ago, down from 2.5 percent in July. That move brought the Fed’s preferred inflation measure even closer to its 2 percent target.Related: Here’s where Southwest’s first red-eye flights will goIn other headlines – there’s good news for people considering a flight on Southwest Airlines. The company confirms that it will not start charging baggage…

The judge in the Tornado Cash case delivered an oral ruling today, rejecting both the Defense’s motion to compel discovery and their motion to dismiss the charges. This represents a massive setback for the Defense, and the judge’s reasoning may not bode well for developers and projects going forward.Motion to CompelThe Defense’s motion to compel discovery sought to access a broad range of government communications, including exchanges with foreign authorities under the Mutual Legal Assistance Treaty (MLAT) and with domestic agencies like the Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN). Citing Federal Rule of…

Daring to prefix a company or even a pop group’s name with “easy” could land you in legal hot water, as the founder of British airline easyJet relentlessly tackles alleged trademark breaches. Greek-Cypriot tycoon Stelios Haji-Ioannou, whose easyGroup still has links with the carrier, has set out to protect the “easy” brand by threatening court action against anyone deemed to be profiting from the name. A formal complaint made by the man simply known as Stelios recently forced British indie pop band Easy Life, which also adorned posters with an aircraft showing a likeness to an easyJet plane, into changing…

Investing.com — Intuit’s recent annual Analyst Day received positive reactions from Wall Street, with analysts highlighting the company’s strategic direction, innovation in AI, and its potential to drive growth by moving upmarket. Wolfe Research maintained an Outperform rating on Intuit (NASDAQ:), raising its price target to $725 from $710 a share. Wolfe highlighted Intuit’s focus on its new Enterprise Suite functionality, stating, “We walk away from the Analyst Day increasingly optimistic, as INTU remains a potential AI beneficiary.” The firm expressed confidence in Intuit’s ability to deliver sustained double-digit revenue growth and margin expansion, especially given the company’s push into artificial…

In a rather surprising turn of events, US Securities and Exchange Commission (SEC) Chairman Gary Gensler has said that Bitcoin is not a security. Indeed, Gensler was featured on CNBC, where he discussed the leading cryptocurrency and reaffirmed his position on its security status.The token became the first crypto-based ETF in the United States this January. Gensler’s led SEC approved the product, with eleven issuers bringing the investment vehicle to market, including $10 trillion asset manager BlackRock. That green light followed more than 20 disapproved filings since 2018, the agency stated.Also Read: Solana: VanEck Says SOL ETF is More Likely…

The rally in US stocks hit pause before the bell on Friday as investors marked time ahead of an inflation report seen as crucial to the Federal Reserve’s next decision on interest-rate cuts.S&P 500 futures (ES=F) were little changed on the heels of ekeing out a third record-high close this week, while Dow Jones Industrial Average futures (YM=F) were similarly flat. Contracts on the tech-heavy Nasdaq 100 (NQ=F) fell 0.2%.The gauges are still on track for a weekly win as confidence in the economy returned to the market. A solid GDP reading cemented growing conviction that the Fed can nail…