Citi recently initiated coverage on Yellow Cake Plc (YCA:LN) (OTC: YLLXF) stock, a company that provides investors with exposure to physical uranium, giving it a Buy rating and a price target of £7.50. Citi pointed out that Yellow Cake has doubled its uranium holdings since 2019 and expects a further 50% increase over the next … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Moldovan citizens have narrowly voted in favor of moving forward with discussions to join the EU, as revealed by early results on Monday. This outcome came as a surprise for President Maia Sandu, who had … Read more
Robinhood shook up the trading world when Redditors used the platform to make unconventional trades on struggling stocks like GameStop and Bed, Bath, and Beyond. Now, the company is introducing a key product to its lineup for U.K. customers. Robinhood has now launched margin trading for U.K. customers, six months after the initial launch of … Read more
European Tech Insights recently conducted a study in which they found that the majority of Europeans support the use of artificial intelligence in police and military operations. Over 3,000 people were surveyed, and 75% of them expressed support for AI technologies like facial recognition and biometric data being used for surveillance by law enforcement and … Read more
Carson Block, known for his ability to identify overvalued companies to short sell, recently advised investors to consider buying the largest US stocks as the market continues to climb higher due to steady inflows of capital. Despite concerns about high valuations as the S&P 500 Index reaches new records, Block believes that inflows from retirement … Read more
Investing.com – European stock markets started the new week on a subdued note, edging lower as investors focus on the future path of interest rates and the ongoing third-quarter earnings season. In Germany, the DAX traded 0.2% lower, while the CAC 40 in France fell 0.1% and the FTSE 100 in the U.K. dropped 0.1%. … Read more
Israel has carried out a series of air strikes in Lebanon targeting Hizbollah-affiliated financial institutions, escalating its offensive against the militant group. The strikes, aimed at disrupting Hizbollah’s economic “system and strongholds”, focused on branches of the al-Qard al-Hassan association. Lebanon’s state media reported that Israel conducted 11 strikes in Beirut’s southern suburbs and other … Read more
With the new funding from Plural, Oriole Networks plans to accelerate the development of its photonic networking technology and bring it to market within the next two years. The goal is to revolutionize the way AI supercomputing clusters are built and operated, making them faster, more energy-efficient, and more scalable than ever before. As the … Read more
1 airstrike on a Syrian port that Damascus said was used for civilian cargo, which could be linked to the delivery of Russian weapons to Syria. In retaliation, Russia launched a missile strike on an Israeli base in the Golan Heights, marking the first direct military clash between the two countries. Meanwhile, Russia’s relationship with … Read more
Bitcoin nearly reached $70,000 on Monday due to a surge in inflows into exchange-traded funds for the largest digital asset, along with optimism surrounding the outlook for US regulations. The cryptocurrency saw a 1% increase before leveling off at $68,720 as of 11 a.m. in Singapore. Other smaller tokens like Ether and Solana traded within … Read more