Cryptocurrency markets are experiencing a downturn as investors anticipate the Federal Reserve’s interest rate decision on Wednesday. Bitcoin has fallen below $58,000, while other major cryptocurrencies like Ethereum and Dogecoin have also seen significant losses. IntoTheBlock data shows a decline in large transactions and daily active addresses, while Coinglass reports over $200 million in liquidations in the past 24 hours.
Results for: Business
The Invesco Dividend Achievers ETF (PFM) is a passively managed exchange-traded fund designed to provide investors with exposure to the Large Cap Value segment of the US equity market. This ETF boasts a strong track record, a diversified portfolio, and a competitive expense ratio, making it a compelling option for long-term investors.
Tecnoglass (TGLS) is a compelling investment opportunity for trend-following investors. The stock has shown consistent price strength, with a 56.6% gain over the past 12 weeks and a 13.4% increase in the last four weeks. Its current position at 97.1% of its 52-week high-low range suggests potential for a breakout. Furthermore, TGLS boasts a Zacks Rank #2 (Buy) and an Average Broker Recommendation of #1 (Strong Buy), indicating strong fundamental support and bullish sentiment from analysts.
Northrim BanCorp (NRIM) is a compelling stock for trend-following investors due to its strong price momentum, positive fundamentals, and favorable analyst sentiment. The stock has been on an uptrend for the past 12 weeks and continues to maintain its upward trajectory. Additionally, its Zacks Rank #2 (Buy) and a strong Average Broker Recommendation highlight its potential for continued growth.
Great Lakes Dredge & Dock (GLDD) is a stock demonstrating strong price momentum and positive fundamentals, making it a compelling opportunity for trend investors. This article explores the key factors supporting GLDD’s recent uptrend and its potential for further gains.
Carver Bancorp, Inc., a community-focused banking institution serving underserved communities in New York City, has appointed Donald Felix as its new President and CEO. Felix, an accomplished banking executive with over 25 years of experience, will succeed Craig C. MacKay, who served as interim CEO. Felix’s extensive background in banking and his commitment to community development make him well-suited to lead Carver into its next chapter of growth.
Boeing Co. shares took a hit on Monday after the company announced a hiring freeze and delayed pay increases for its salaried workforce. The move comes as the aerospace giant faces a growing financial strain due to a worker strike that began on Friday. Boeing’s CFO, Brian West, explained that the company is forced to take these measures to preserve cash and protect its future, citing the strike’s significant impact on its recovery.
Climb Global Solutions (CLMB) is a strong buy candidate based on its recent price strength and positive fundamentals. Its strong price performance over the past few months, along with a Zacks Rank #1 (Strong Buy) and a high average broker recommendation, indicate that CLMB could be a profitable bet for investors seeking to capitalize on short-term trends.
Recruit Holdings Co., Ltd. (RCRRF) is currently experiencing a strong uptrend, supported by solid fundamentals and a bullish outlook from analysts. The stock’s recent price strength, Zacks Rank #1 (Strong Buy), and positive broker recommendations suggest that the trend is likely to continue.
Bridge, a digital platform connecting developers with debt capital providers, has introduced a new in-house lending program specifically designed to support construction and renovation projects for franchised hotels. This initiative offers up to $50 million in loans to experienced sponsors, addressing the growing need for development capital in the hospitality sector.