Financial News

Stuckey announces bid for Georgia House District 70

Melissa Stuckey, a Newnan business executive and community leader, has announced her candidacy for the Georgia House of Representatives in District 70.

Telefonica Brasil (NYSE:VIV) Hits New 52-Week High on Earnings Beat

Telefonica Brasil S.A. (NYSE:VIV – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday following a stronger than expected earnings report. The company traded as high as $16.55 and last traded at $16.5520, with a volume of 290024 shares changing hands. The stock had previously closed at $16.24. The [...]

Oric Pharmaceuticals (NASDAQ:ORIC) Shares Up 7.9% on Earnings Beat

Shares of Oric Pharmaceuticals, Inc. (NASDAQ:ORIC – Get Free Report) traded up 7.9% during mid-day trading on Tuesday after the company announced better than expected quarterly earnings. The company traded as high as $12.59 and last traded at $12.63. 2,354,486 shares were traded during trading, an increase of 50% from the average session volume of [...]

Stock market rebound seen lower

THE Philippine Stock Exchange index (PSEi) is expected to rebound in 2026, but analysts have lowered their target to 6,800, down from 7,100 previously, given governance concerns, a likely end to monetary policy easing and global trade dynamics.Unicapital Securities Inc. on Tuesday noted that valuations remained attractive, trading at a forward price-to-earnings ratio of around 10.5x, below the 10-year average of 16.4x.Wendy Estacio-Cruz, head of research at Unicapital, said the revision reflected several key factors.“[N]umber one, the corruption scandal. We still think that infrastructure spending will take time to recover and might see some impact on the second half of the year," she said."Next is monetary policy — we’re seeing a pause after these 25 basis points, which is our house view. And then lastly is the geopolitical tension and the US tariffs."Dennis Lapid, officer-in-charge of the Monetary Policy Sub-Sector at the Bangko Sentral ng Pilipinas, highlighted the inflation outlook during the same event.“Our forecasts indicate a slight uptick in inflation this year, largely due to supply-side actors. While these price pressures are likely to be temporary, they nonetheless require continued vigilance owing to possible spillover effects.”Unicapital analysts said the PSEi’s recovery would be supported by a rebound in public infrastructure spending (P1.3 trillion in 2026, or 4.3 percent of GDP) and ongoing governance reforms, which are expected to restore investor confidence.“Our strategy for 2026 is defensive yet opportunistic,” Estacio-Cruz said. “We are prioritizing balance sheet strength and earnings visibility while maintaining selective exposure to structural growth themes.”The firm also recommended a 15-stock high-dividend basket with an average 2026 expected yield of 5.6 percent, including AREIT, Maynilad Water, and Puregold Price Club.

Why United States Antimony Stock Is Soaring Today

A new joint venture has analysts waxing bullish about this mining stock.

Is a 60% stock allocation right for you? Here’s a new way to fine-tune your asset mix

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Bitcoin Break-Even Trap Is Killing Every Rally as Buyers Strike

Yen slips after report on Japanese PM’s rate-hike reservations

LONDON/TOKYO: The yen weakened on Tuesday after a report said Japanese Prime Minister Sanae Takaichi had conveyed her reservations about further interest rate hikes to Bank of Japan Governor Kazuo Ueda, while China’s yuan hit its highest in nearly three years.The Japanese currency fell 0.72% to 155.72 per dollar, touching its lowest in two weeks. The report from The Mainichi Daily also sent Japanese government bond yields lower.The report injects fresh uncertainty into a complicated policy backdrop for the BOJ, which has been battling a weaker currency that has raised the costs of imported fuel and food.Before the report, a majority of economists polled by Reuters had expected the BOJ to raise rates to 1% by end-June, while markets had priced in a roughly 70% chance of a hike by April.“It puts to the test the view that a corner has been turned in the yen,” said Kenneth Broux, head of corporate research, FX and rates at Societe Generale.“If the government is lobbying the central bank, doubts again re-emerge over the independence of the central bank.”READ MORE: Yen strengthens as intervention risk trips up Takaichi tradeTakaichi reiterated in parliament that there are pluses and minuses to a weak currency.China’s export controls on Japanese companies also added to the pressure. The yen slipped more broadly, falling 0.7% to 183.52 per euro.The currency has been on the radar of US authorities. Nikkei reported that the New York Federal Reserve, acting on behalf of the US Treasury Department, took the lead in conducting so-called rate checks last month to prop up Japan’s currency without a request from Tokyo.“It tells you that Japan is not overly concerned (about the yen), even though they have been intervening verbally to manage the pace of the slide in the yen,” Broux said.Yuan climbs after US Supreme Court rulingThe Supreme Court ruled on Friday that US President Donald Trump’s use of a 1977 emergency law to impose tariffs exceeded his authority.On Tuesday, China’s yuan rose to its strongest against the dollar since April 2023 as traders returning from a nine-day holiday bet that the ruling will bolster Chinese exports.The currency was last trading 0.33% higher at 6.88 per dollar.However, Trump invoked a different law and imposed a new levy on all imports hours later. An initial 10% US tariff came into effect at a minute past midnight on Tuesday, according to a Customs notice.It is unclear when Trump’s promised increase to 15% might take effect. So far, Trump has only signed an executive order for the 10% tariff.He also warned countries against retreating from recent trade deals after the Supreme Court struck down his emergency tariffs.“Now we’re back in a very uncertain environment,” Ray Attrill, head of currency strategy at National Australia Bank, said on an NAB podcast.“It’s just the uncertainty about what the future trade landscape will look like, just at a point where most countries had signed or were on the cusp of signing trade deals.”The renewed trade uncertainties come as doubts creep into financial markets about the sustainability of massive investments in artificial intelligence and as Federal Reserve policymakers express concerns about elevated inflation.Traders are also focused on rising geopolitical tensions. The State Department is pulling out non-essential government personnel and their eligible family members from the U.S. embassy in Beirut, a senior State Department official said on Monday, amid growing concerns about the risk of a military conflict with Iran.The euro was flat at $1.1780, while sterling was little changed at $1.3485.The European Parliament decided on Monday to postpone a vote on the European Union’s trade deal with the U.S. due to the new import tax.In cryptocurrencies, bitcoin fell 2.1% to $63,205.18, and ether declined 2% to $1,824.54.

The European Central Bank’s next president may decide the fate of the digital euro

The four frontrunners don't oppose the digital euro, but their positions differ on pace, framing, and the risks they're most concerned about.The post The European Central Bank’s next president may decide the fate of the digital euro appeared first on Atlantic Council.

Best Bitcoin Stocks To Follow Today – February 23rd

IREN, Cipher Mining, TeraWulf, Marathon Digital, and Riot Platforms are the five Bitcoin stocks to watch today, according to MarketBeat’s stock screener tool. “Bitcoin stocks” are shares of publicly traded companies whose businesses or balance sheets give them material exposure to bitcoin’s price or adoption. Examples include bitcoin miners, exchanges, infrastructure providers, and firms that [...]

Leonardo DRS Q4 Earnings Call Highlights

Leonardo DRS (NASDAQ:DRS) executives highlighted strong organic growth, record bookings, and rising investment in capacity and research during the company’s fourth-quarter and full-year 2025 earnings call. The discussion also included management updates, a new license agreement tied to quantum computing, and the conclusion of a legacy international program that resulted in an unexpected loss. Leadership [...]

USDC Minted: 250 Million Dollar Injection Signals Major Stablecoin Movement

BitcoinWorldUSDC Minted: 250 Million Dollar Injection Signals Major Stablecoin MovementOn-chain analytics platform Whale Alert detected a substantial 250 million USDC minted at the USDC Treasury today, marking one of the most significant stablecoin movements of the month and highlighting the growing importance of transparent blockchain transactions in modern finance. Understanding the 250 Million USDC Minted Event Blockchain monitoring service Whale Alert reported this substantial [...]This post USDC Minted: 250 Million Dollar Injection Signals Major Stablecoin Movement first appeared on BitcoinWorld.