Yen Weakens Despite BOJ Hiking Rate to Highest Level Since 1995
Yahoo Finance· 2025-12-19 09:54
The yen weakened past 157.10 against the dollar after Ueda spoke, suggesting that traders were looking for stronger messaging around further hikes ahead. It was trading around 155.80 before the decision.“The decision statement describes rates as “at significantly low levels,” even as they edge toward the BOJ’s 1% estimate for the lower bound of neutral. That suggests the bank now sees neutral as higher, giving it room to tighten further.”“Of course it would be great if we can have a better idea of where the ...
Ralph Lauren Stock: Not A Good Fit At Record Valuation (NYSE:RL)
Seeking Alpha· 2025-12-19 09:52
Company Overview - Ralph Lauren (RL) is a renowned American apparel and accessories company recognized globally for its lifestyle products [1] - The company offers a wide range of products including apparel for men, women, and children, as well as footwear and accessories like eyewear [1] Investment Perspective - The focus is on identifying undervalued stocks with promising potential, emphasizing a balance between risk and reward [1] - The belief is that the best investment ideas are often the simplest, and a contrarian approach may yield better results [1]
Why Oracle Shares Are Trading Higher By Over 5%; Here Are 20 Stocks Moving Premarket - Antelope Ent Hldgs (NASDAQ:AEHL), Aimei Health Technology (NASDAQ:AFJK)
Benzinga· 2025-12-19 09:52
Shares of Oracle Corp (NYSE:ORCL) rose sharply in pre-market trading.TikTok has signed binding agreements with a group of investors, including Oracle, Silver Lake and Emirati investment firm MGX, to form a new TikTok U.S. entity, reported The Associated Press, citing an internal memo. The deal is expected to close Jan. 22.Oracle shares jumped 5.7% to $190.23 in the pre-market trading session.Here are some other stocks moving in pre-market trading.GainersVision Marine Technologies Inc (NASDAQ:VMAR) surged 48 ...
Kering sets out phased takeover plan for Raselli Franco Group
Yahoo Finance· 2025-12-19 09:50
Kering has signed an agreement for the acquisition of Raselli Franco Group, an Italian manufacturer of luxury jewellery. The owner of Gucci will initially acquire 20% of the family-owned business as part of a staged transaction that may lead to full ownership by 2032. Kering is set to purchase the initial holding in the first quarter of 2026 for €115m ($134.78m), subject to customary closing conditions and regulatory approvals. Kering CEO Luca de Meo said: “This acquisition marks a strategic milestone ...
Bank of Japan Hikes Rates to 30-Year High as Yen Weakens – The Catalyst for Bitcoin Rebound?
Yahoo Finance· 2025-12-19 09:48
The Bank of Japan raised interest rates to 0.75% on December 19, marking the highest borrowing costs in three decades and triggering immediate speculation about implications for global crypto markets. Bitcoin climbed 2.5% to approach $88,000 following the decision, which came as policymakers balanced inflation concerns against mounting fiscal pressures from Prime Minister Sanae Takaichi’s $117 billion stimulus package. Source: TradingView The central bank voted unanimously to lift short-term rates from ...
Bitcoin Price Will Hit All-Time High in 2026, Bitwise Predicts, Will Be ‘Less Volatile’ Than Nvidia
Yahoo Finance· 2025-12-19 09:47
Despite Bitwise’s longer-term optimism, some analysts remain cautious in the near term. Key Takeaways Bitcoin volatility may fall further in 2026, according to Bitwise. The firm said Bitcoin, Ethereum and Solana are all expected to reach new all-time highs in the new year. Short-term risks remain for Bitcoin. Bitcoin could become less volatile than high-growth U.S. technology stocks, such as Nvidia, by 2026, while both Bitcoin and Ethereum are likely to reach new record highs, according to crypto ...
Oil Poised for Weekly Loss on Oversupply Fears
Barrons· 2025-12-19 09:46
Oil prices were headed for a weekly loss of more than 2% as concerns about a looming supply surplus outweigh geopolitical risks.In early trading, Brent crude and WTI both fell 0.2% to $59.69 a barrel and $55.90 a barrel, respectively. Crude has fallen 20% this year on prospects of an impending global supply glut and subdued demand.The benchmarks rose in the previous session on growing tensions between the U.S. and Venezuela after the Trump administration announced a blockade of all sanctioned tankers in or ...
Hemlo Mining achieves initial gold pour at Hemlo gold mine in Canada
Yahoo Finance· 2025-12-19 09:46
New Canadian gold producer Hemlo Mining has achieved a key milestone with the completion of its first gold pour at the Hemlo gold mine in Ontario. The company was acquired from Barrick Mining in November 2025. The first gold produced at the mine is estimated at around 6,704oz, one of the largest single pours at the site this year, demonstrating uninterrupted operations during the change in ownership. According to the company, plant performance, throughput and metallurgical recoveries are all tracking i ...
Agronomics Limited Announces Liberation Bioindustries Series A1 Equity Round
Accessnewswire· 2025-12-19 09:46
Core Insights - Liberation Bioindustries has successfully closed the first tranche of its Series A1 equity round [1] - The company is nearing completion of its first commercial-scale precision fermentation biomanufacturing facility [1] - The facility will have a production capacity of 600,000 liters and a fully dedicated downstream process [1]
UK competition watchdog to probe AB Foods' Hovis purchase
Reuters· 2025-12-19 09:46
Group 1 - The UK's competition regulator will investigate Associated British Foods' acquisition of the bread brand Hovis from private equity firm Endless [1]