Author: Multibagger News

By Sarupya Ganguly BENGALURU (Reuters) – The euro will weaken modestly against the U.S. dollar this month before strengthening by year-end, despite financial markets pricing two more European Central Bank interest rate cuts by then, according to currency strategists polled by Reuters. Having generally underperformed analyst expectations in Reuters surveys over the past year, the euro has fallen more than 1% since French President Emmanuel Macron called for a surprise snap election on June 9. It then gained only slightly as Marine Le Pen’s National Rally party won a smaller share of the vote than some polls had initially projected,…

U.Today – maximalist Michael Saylor, who cofounded MicroStrategy business intelligence behemoth and is currently the company’s executive chairman, has taken to his X social media (formerly widely known as Twitter) account to deliver a Bitcoin message to the global community of Bitcoiners. Michael Saylor shares “BTC optimistic” messageThe world’s leading cryptocurrency is struggling to break above $63,000, which it lost on Monday for the third time recently and, prior to that, it had plunged from the $69,800 level on June 12.Saylor tweeted: “Be Different,” using the Bitcoin symbol for the letter “B.” Michael Saylor remains a strong believer in Bitcoin…

By Irene Wang and Kantaro Komiya TOKYO (Reuters) -Japan began circulating its first new banknotes in 20 years on Wednesday, featuring three-dimensional portraits of the founders of financial and female education institutions in an attempt to frustrate counterfeiters. The notes use printed patterns to generate holograms of the portraits facing different directions, depending on the angle of view, employing a technology that Japan’s National Printing Bureau says is the world’s first for paper money. “Faces of those representing Japan’s capitalism, women’s empowerment and technology innovation are on the new bills,” Prime Minister Fumio Kishida said at a function. The step…

LEXINGTON, Ky. – Tempur Sealy (NYSE:) International, Inc. (NYSE: TPX), a leading designer, manufacturer, distributor, and retailer of bedding products, announced it will conduct a conference call on Monday to address the U.S. Federal Trade Commission’s (FTC) recent complaint regarding its proposed acquisition of Mattress Firm Group Inc. The call, which will not include a question-and-answer session, is scheduled for 8:00 a.m. Eastern Time. The FTC has filed a complaint challenging the combination of Tempur Sealy and Mattress Firm, citing concerns that need to be addressed in court. Consequently, Tempur Sealy’s commentary on the matter will be limited. This conference…

Singapore, Singapore, July 2nd, 2024, Chainwire SynFutures, the onchain perp protocol for listing and trading any asset, is now live on Coinbase (NASDAQ:)’s L2 network Base. Users can now trade and provide liquidity on SynFutures V3 via Base while earning SynFutures’ Oyster Odyssey (O_O) points. Additionally, SynFutures will release a series of new listings over the next several weeks as part of Meme Perp Summer. a six-week campaign blitz to expand community asset listings and reward meme communities on Layer 2. SynFutures’ multichain expansion to Base comes as SynFutures V3 on Blast surpasses $100 billion in cumulative trading volume in…

On Wednesday, Piper Sandler reaffirmed its Overweight rating on Pacira Pharmaceuticals (NASDAQ:) stock with a price target of $42.00. The decision followed the Food and Drug Administration’s (FDA) approval of eVenus’ abbreviated new drug application (aNDA) for a generic version of Exparel, Pacira’s flagship product. Despite the complexities of creating a generic for a liposomal bupivacaine formulation and the stringent requirements set by the FDA for demonstrating substantial equivalence, eVenus succeeded in receiving the approval. The analyst from Piper Sandler expressed surprise at the FDA’s decision, noting the high barriers to entry for generics in this space and Pacira’s own…

On Wednesday, Piper Sandler reaffirmed its Overweight rating on Pacira Pharmaceuticals (NASDAQ:) stock with a price target of $42.00. The decision followed the Food and Drug Administration’s (FDA) approval of eVenus’ abbreviated new drug application (aNDA) for a generic version of Exparel, Pacira’s flagship product. Despite the complexities of creating a generic for a liposomal bupivacaine formulation and the stringent requirements set by the FDA for demonstrating substantial equivalence, eVenus succeeded in receiving the approval. The analyst from Piper Sandler expressed surprise at the FDA’s decision, noting the high barriers to entry for generics in this space and Pacira’s own…

Georgetown, Cayman Islands, July 2nd, 2024, Chainwire DG Labs Ltd (DeFi.Gold) proudly announces the release of the public alpha version of its highly anticipated NFT marketplace, now featuring support for Ordinals. This significant milestone marks the beginning of a new era in digital asset trading and ownership. The public alpha release provides users with an early glimpse into the revolutionary decentralized marketplace designed to empower creators, collectors, and investors in the burgeoning NFT space. By supporting Ordinals, DG Labs Ltd ensures a seamless experience for users to tokenize, trade, and showcase unique digital assets with enhanced precision and versatility. The…

On Wednesday, Loop Capital maintained a Buy rating on Reddit (NYSE: RDDT) stock and increased the shares target from $60.00 to $75.00. The firm’s decision follows the social media company’s recent licensing agreement with OpenAI. Loop Capital’s analysts have updated their financial model for Reddit, resulting in a raised revenue forecast of an additional $15 million for the current year and $20 million for the following year. The analyst at Loop Capital highlighted the significance of the OpenAI licensing deal in their decision to revise the price target upwards. According to their statement, the agreement prompted a review and subsequent…

Vancouver, Canada, July 3rd, 2024, Chainwire Chibi Clash, a fantasy web3 gaming universe, has unveiled its Kingdoms Alliance Event, running from July 2nd to July 22nd, allowing players to compete for rewards. This event marks a collaborative effort among 21 partner projects within the Chibi Clash ecosystem, including AI Arena, Apeiron, Pixelmon, Pirate Nation, Shrapnel, The Beacon, Xterio, Yield Guild Games (YGG). The Kingdoms Alliance Event transforms the Chibi Clash Kingdoms map into a dynamic battleground. Participants pledge allegiance to one of the 21 partner projects, forming alliances to engage in a three-week competition across 2,496 strategic land plots. This…