Shares of Triton International Ltd (NYSE: TRTN) are up more than 30% today after Brookfield Infrastructure Partners L.P. (NYSE: BIP) said it will buy the leasing company for about $4.7 billion. Details of the announced acquisition The said agreement values each share of Triton International at $85. Shareholders will receive $68.50 of that in cash… Continue reading Triton stock is up 30% on Wednesday: explore why
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Crypto exchange-traded products AUM rose 67% in Q1, outpacing asset prices by 34% YTD
The total value of assets under management (AUM) for crypto exchange-traded products (ETPs) increased by 67% in the first three months of 2023, according to the latest report detailing the statistics. The report was released on Wednesday, 12 April by Fineqia International Inc. (CSE: FNQ), a publicly-traded company that invests in early and growth stage… Continue reading Crypto exchange-traded products AUM rose 67% in Q1, outpacing asset prices by 34% YTD
U.S. inflation data today: is there upside left in the S&P 500?
S&P 500 is trading up this morning after the U.S. Bureau of Labour Statistics confirmed that inflation continued to cool off last month. Market technician reacts to the CPI print On a year-over-year basis, consumer prices were up 5.0% in March versus 5.1% that economists had forecast. Reacting to the data, Craig Johnson – Chief… Continue reading U.S. inflation data today: is there upside left in the S&P 500?
ETH price below $1,900 as data points to $300M sell-off after Shanghai
The biggest Ethereum news in 2023 is just about to hit as the cryptocurrency welcomes its highly anticipated Shanghai upgrade today, 12 April 2023. As it happens, the market is unsure of just how much of an impact enabling of withdrawals of staked ETH will have on the price of Ether. However, the latest simulation… Continue reading ETH price below $1,900 as data points to $300M sell-off after Shanghai
Ryanair share price rebounding but aviation stocks continue to struggle
It’s been a tough time for airlines over the past few years. A not-so-friendly pandemic grounded planes for the best part of two years, halting near-constant growth in passenger numbers over the two decades prior, as Zoom quizzes replaced holidays and emails replaced business meetings. Hello bailouts, restructures and, for airline investors, nasty share price… Continue reading Ryanair share price rebounding but aviation stocks continue to struggle
Argo Blockchain share price badly lags Riot Blockchain, MARA
Argo Blockchain (LON: ARB) share price has moved sideways in the past few days even after Bitcoin surged to the highest level in months. The stock was trading at 12.38p on Wednesday where it has been in the past few days. It has jumped by ~14.93% this year while its bigger counterparts like Riot Blockchain… Continue reading Argo Blockchain share price badly lags Riot Blockchain, MARA
The unraveling of De La Rue is underway as banknote demand sinks
De La Rue (LON: DLAR), the giant banknote printer, issued its third profit warning since January 2022 as demand for cash slumped to the lowest level in two decades. The company warned that it was seeing a sharp decline in orders from central banks as more people shift to digital cash. There are concerns about… Continue reading The unraveling of De La Rue is underway as banknote demand sinks
AltSignals (ASI) and its role across the Web3 space for major traders and investors
Traders and investors consistently follow the latest news and developments across the Web3 space to remain in the loop about recent project updates. By doing so, they can predict what project can potentially spike in value. However, all of this is based on the individual trader’s assumption. The blockchain space has evolved throughout the years.… Continue reading AltSignals (ASI) and its role across the Web3 space for major traders and investors
IDS share price outlook: can Royal Mail be saved?
IDS (LON: IDS) share price has moved sideways in the past few weeks as concerns about the company remains elevated. Shares of Royal Mail’s parent company were trading at 233p, where it has been in the past few days. This price is ~31% above the lowest level in 2022. Royal Mail bankruptcy risks Royal Mail,… Continue reading IDS share price outlook: can Royal Mail be saved?