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forexnewsreport16d ago

Gemini sued over slumping stock, prediction market pivot

Gemini investors are suing the crypto exchange and its billionaire founders, twins Cameron and Tyler Winklevoss, over the company’s “abrupt corporate pivot” that saw it turn its focus from crypto trading to prediction markets. The IPO documents falsely portrayed the firm as focused on expanding its reach as a crypto exchange, the lawsuit said. Instead, [...] The post Gemini sued over slumping stock, prediction market pivot first appeared on FOREX NEWS REPORT .

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forexnewsreport16d ago

Is QXO, Inc. (QXO) A Good Stock To Buy Now?

Is QXO a good stock to buy? We came across a bullish thesis on QXO, Inc. on Wonder Stocks’s Substack. In this article, we will summarize the bulls’ thesis on QXO. QXO, Inc.’s share was trading at $20.28 as of March 19th. QXO’s trailing and forward P/E were 1.71 and 59.17 respectively according to Yahoo Finance. QXO Inc. (QXO) [...] The post Is QXO, Inc. (QXO) A Good Stock To Buy Now? first appeared on FOREX NEWS REPORT .

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forexnewsreport16d ago

Dollar Gains on Concerns Over a Lengthy War in Iran

The dollar index (DXY00) on Friday rose by +0.42%. The dollar moved higher on Friday as weakness in stocks boosted some liquidity demand for the dollar. Also, the ongoing war in Iran has boosted demand for the dollar as a safe haven. In addition, higher T-note yields on Friday strengthened the dollar’s interest rate differentials. [...] The post Dollar Gains on Concerns Over a Lengthy War in Iran first appeared on FOREX NEWS REPORT .

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forexnewsreport16d ago

Why Analysts Warn Qualcomm Could Plunge More Than 20% from Here

On March 16, Seaport Research downgraded Qualcomm (QCOM) stock to a “Sell” rating, assigning a price target of $100. The stock currently trades 30% above this level, which means that analysts are looking at significant downside in the coming weeks. Seaport Research isn’t the only firm that rates QCOM stock as a “Sell.” Bank of [...] The post Why Analysts Warn Qualcomm Could Plunge More Than 20% from Here first appeared on FOREX NEWS REPORT .

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